Ecuador vs Panama: Share of central government spending funded by taxes
Ecuador
42.3%
in 2022
Panama
41.7%
in 2021
Ecuador rank
148th
Panama rank
150th
Share of central government spending funded by taxes over time
- Ecuador
- Panama
How they compare
Ecuador currently reports 42.3% against 41.7% in Panama, a difference of 0.6%.
Across all 8 years both countries report, Panama has been ahead every year.
Ecuador ranks 148th and Panama ranks 150th of 174 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 40.0% | 57.8% | 17.9% | Panama |
| 2020s | 38.4% | 41.2% | 2.8% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher share of central government spending funded by taxes, Ecuador or Panama?
- Ecuador, at 42.3% against 41.7% in Panama as of 2022.
- What is the difference in share of central government spending funded by taxes between Ecuador and Panama?
- 0.6%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Panama?
- 8 years are reported by both, from 2014 to 2021.
- How do Ecuador and Panama rank globally for share of central government spending funded by taxes?
- Ecuador ranks 148th and Panama ranks 150th of 174 countries.
- Where does this data come from?
- International Monetary Fund – with minor processing by Our World in Data, published as Share of central government spending funded by taxes. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Spending refers to the budgetary central government which includes the core institutions of the national government. Funds only include taxes; Fines, penalties, and most social security contributions are excluded.