India vs Panama: Government revenues as a share of GDP

India
9.1%
in 2022
Panama
11.9%
in 2021
India rank
169th
Panama rank
166th

Government revenues as a share of GDP over time

  • India
  • Panama
051015200020112022

How they compare

Panama currently reports 11.9% against 9.1% in India, a difference of 2.8%.

That makes Panama's figure about 1.3 times India's.

Across all 5 years both countries report, Panama has been ahead every year.

India ranks 169th and Panama ranks 166th of 174 countries.

Panama has averaged higher in every one of the 1 decades both report.

Frequently asked questions

Which has higher government revenues as a share of gdp, India or Panama?
Panama, at 11.9% against 9.1% in India as of 2021.
What is the difference in government revenues as a share of gdp between India and Panama?
2.8%, with Panama ahead.
How many years of comparable data are there for India and Panama?
5 years are reported by both, from 2014 to 2018.
How do India and Panama rank globally for government revenues as a share of gdp?
India ranks 169th and Panama ranks 166th of 174 countries.
Where does this data come from?
International Monetary Fund – with minor processing by Our World in Data, published as Government revenues as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Panama: Government revenues as a share of GDP. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 10 September 2026, from https://economy.statizoid.com/compare/government-revenues-as-a-share-of-gdp-imf/india/panama/

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About this data

Indicator
Government revenues as a share of GDP
Unit
%
Source
International Monetary Fund – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
174 places, 3,311 data points, 2000–2023
Last refreshed

Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.