Mexico vs Panama: Tax revenue as share of GDP

Mexico
16.2%
in 2017
Panama
14.7%
in 2017
Mexico rank
64th
Panama rank
67th

Tax revenue as share of GDP over time

  • Mexico
  • Panama
05101520199020032017

How they compare

Mexico currently reports 16.2% against 14.7% in Panama, a difference of 1.5%.

That makes Mexico's figure about 1.1 times Panama's.

The two have swapped places 1 time across 28 shared years of data; in 1990 it was Panama ahead.

Mexico ranks 64th and Panama ranks 67th of 77 countries.

Panama has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Mexico Panama Difference Ahead
1990s 11.4% 16.6% 5.2% Panama
2000s 12.1% 14.8% 2.7% Panama
2010s 14.3% 15.6% 1.3% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as share of gdp, Mexico or Panama?
Mexico, at 16.2% against 14.7% in Panama as of 2017.
What is the difference in tax revenue as share of gdp between Mexico and Panama?
1.5%, with Mexico ahead.
How many years of comparable data are there for Mexico and Panama?
28 years are reported by both, from 1990 to 2017.
How do Mexico and Panama rank globally for tax revenue as share of gdp?
Mexico ranks 64th and Panama ranks 67th of 77 countries.
Where does this data come from?
OECD (2018) – processed by Our World in Data, published as Tax revenue as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mexico vs Panama: Tax revenue as share of GDP. Statizoid, drawing on OECD (2018) – processed by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/compare/tax-revenue-share-gdp-oecd-grsd/mexico/panama/

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About this data

Indicator
Tax revenue as share of GDP
Unit
%
Source
OECD (2018) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
77 places, 1,982 data points, 1990–2017
Last refreshed

The level of total tax revenues as a percentage of GDP. Total tax include sub-national revenues, and compulsory social security contributions paid to the general government.