Panama vs Sri Lanka: Share of central government spending funded by taxes

Panama
41.7%
in 2021
Sri Lanka
41.4%
in 2022
Panama rank
150th
Sri Lanka rank
151st

Share of central government spending funded by taxes over time

  • Panama
  • Sri Lanka
0204060200020112022

How they compare

Panama currently reports 41.7% against 41.4% in Sri Lanka, a difference of 0.3%.

The two have swapped places 1 time across 8 shared years of data; in 2014 it was Sri Lanka ahead.

Panama ranks 150th and Sri Lanka ranks 151st of 174 countries.

Across the 2 decades both report, Panama averaged higher in 1 and Sri Lanka in 1.

Head to head by decade

Decade Panama Sri Lanka Difference Ahead
2010s 57.8% 61.5% 3.7% Sri Lanka
2020s 41.2% 36.0% 5.1% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher share of central government spending funded by taxes, Panama or Sri Lanka?
Panama, at 41.7% against 41.4% in Sri Lanka as of 2021.
What is the difference in share of central government spending funded by taxes between Panama and Sri Lanka?
0.3%, with Panama ahead.
How many years of comparable data are there for Panama and Sri Lanka?
8 years are reported by both, from 2014 to 2021.
How do Panama and Sri Lanka rank globally for share of central government spending funded by taxes?
Panama ranks 150th and Sri Lanka ranks 151st 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.

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Panama vs Sri Lanka: Share of central government spending funded by taxes. Statizoid, drawing on International Monetary Fund – with minor processing by Our World in Data. Retrieved 12 September 2026, from https://economy.statizoid.com/compare/share-of-central-government-expenditures-funded-by-taxes/panama/sri-lanka/

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About this data

Indicator
Share of central government spending funded by taxes
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, 3,268 data points, 2000–2023
Last refreshed

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.