Guatemala vs Panama: Revenue Statistics in Latin America and the Caribbean - Comparative
Revenue Statistics in Latin America and the Caribbean - Comparative over time
- Guatemala
- Panama
How they compare
Guatemala currently reports 14.32 Percentage of GDP against 11.31 Percentage of GDP in Panama, a difference of 3.01 Percentage of GDP.
That makes Guatemala's figure about 1.3 times Panama's.
The two have swapped places 3 times across 35 shared years of data; in 1990 it was Panama ahead.
Guatemala ranks 27th and Panama ranks 28th of 29 countries.
Across the 4 decades both report, Guatemala averaged higher in 1 and Panama in 3.
Head to head by decade
| Decade | Guatemala | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 9.79 Percentage of GDP | 15.88 Percentage of GDP | 6.09 Percentage of GDP | Panama |
| 2000s | 13.14 Percentage of GDP | 14.29 Percentage of GDP | 1.14 Percentage of GDP | Panama |
| 2010s | 13.03 Percentage of GDP | 14.95 Percentage of GDP | 1.92 Percentage of GDP | Panama |
| 2020s | 13.92 Percentage of GDP | 11.77 Percentage of GDP | 2.15 Percentage of GDP | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher revenue statistics in latin america and the caribbean - comparative, Guatemala or Panama?
- Guatemala, at 14.32 Percentage of GDP against 11.31 Percentage of GDP in Panama as of 2024.
- What is the difference in revenue statistics in latin america and the caribbean - comparative between Guatemala and Panama?
- 3.01 Percentage of GDP, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Panama?
- 35 years are reported by both, from 1990 to 2024.
- How do Guatemala and Panama rank globally for revenue statistics in latin america and the caribbean - comparative?
- Guatemala ranks 27th and Panama ranks 28th of 29 countries.
- Where does this data come from?
- Organisation for Economic Co-operation and Development, published as Revenue Statistics in Latin America and the Caribbean - Comparative tax revenues. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Internationally comparable tax revenue data from Revenue Statistics in Latin America and the Caribbean countries presented as a percentage of GDP and as a share of total tax revenues as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.