Panama vs Venezuela: Revenue Statistics in Latin America and the Caribbean - Comparative
Revenue Statistics in Latin America and the Caribbean - Comparative over time
- Panama
- Venezuela
How they compare
Venezuela currently reports 14.42 Percentage of GDP against 11.31 Percentage of GDP in Panama, a difference of 3.11 Percentage of GDP.
That makes Venezuela's figure about 1.3 times Panama's.
The two have swapped places 5 times across 24 shared years of data; in 1990 it was Venezuela ahead.
Panama ranks 28th and Venezuela ranks 26th of 29 countries.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Panama | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 15.88 Percentage of GDP | 14.81 Percentage of GDP | 1.07 Percentage of GDP | Panama |
| 2000s | 14.29 Percentage of GDP | 13.95 Percentage of GDP | 0.3362 Percentage of GDP | Panama |
| 2010s | 16.23 Percentage of GDP | 13.45 Percentage of GDP | 2.78 Percentage of GDP | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher revenue statistics in latin america and the caribbean - comparative, Panama or Venezuela?
- Venezuela, at 14.42 Percentage of GDP against 11.31 Percentage of GDP in Panama as of 2013.
- What is the difference in revenue statistics in latin america and the caribbean - comparative between Panama and Venezuela?
- 3.11 Percentage of GDP, with Venezuela ahead.
- How many years of comparable data are there for Panama and Venezuela?
- 24 years are reported by both, from 1990 to 2013.
- How do Panama and Venezuela rank globally for revenue statistics in latin america and the caribbean - comparative?
- Panama ranks 28th and Venezuela ranks 26th 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.