Panama vs Singapore: Tax revenue as share of GDP
Panama
14.7%
in 2017
Singapore
14.1%
in 2017
Panama rank
67th
Singapore rank
70th
Tax revenue as share of GDP over time
- Panama
- Singapore
How they compare
Panama currently reports 14.7% against 14.1% in Singapore, a difference of 0.6%.
The two have swapped places 2 times across 18 shared years of data; in 2000 it was Panama ahead.
Panama ranks 67th and Singapore ranks 70th of 77 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.8% | 13.1% | 1.6% | Panama |
| 2010s | 15.6% | 13.3% | 2.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue as share of gdp, Panama or Singapore?
- Panama, at 14.7% against 14.1% in Singapore as of 2017.
- What is the difference in tax revenue as share of gdp between Panama and Singapore?
- 0.6%, with Panama ahead.
- How many years of comparable data are there for Panama and Singapore?
- 18 years are reported by both, from 2000 to 2017.
- How do Panama and Singapore rank globally for tax revenue as share of gdp?
- Panama ranks 67th and Singapore ranks 70th 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.
Individual pages
About this data
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.