Madagascar vs Panama: Central government revenues as a share of GDP
Madagascar
12.2%
in 2024
Panama
10.7%
in 2024
Madagascar rank
146th
Panama rank
148th
Central government revenues as a share of GDP over time
- Madagascar
- Panama
How they compare
Madagascar currently reports 12.2% against 10.7% in Panama, a difference of 1.5%.
That makes Madagascar's figure about 1.1 times Panama's.
The two have swapped places 1 time across 11 shared years of data; in 2014 it was Panama ahead.
Madagascar ranks 146th and Panama ranks 148th of 157 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Madagascar | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 10.5% | 12.9% | 2.4% | Panama |
| 2020s | 11.0% | 11.5% | 0.5% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher central government revenues as a share of gdp, Madagascar or Panama?
- Madagascar, at 12.2% against 10.7% in Panama as of 2024.
- What is the difference in central government revenues as a share of gdp between Madagascar and Panama?
- 1.5%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Madagascar and Panama rank globally for central government revenues as a share of gdp?
- Madagascar ranks 146th and Panama ranks 148th of 157 countries.
- Where does this data come from?
- International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as Central government revenues as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included. Grants excluded.