Marshall Islands vs Panama: Taxes less subsidies on products (constant LCU), per unit of GDP

Marshall Islands
0.0246 constant LCU per US$ of GDP
in 2024
Panama
0.0258 constant LCU per US$ of GDP
in 2025
Marshall Islands rank
175th
Panama rank
174th

Taxes less subsidies on products (constant LCU), per unit of GDP over time

  • Marshall Islands
  • Panama
00.050.10.150.20.25197019972025

How they compare

Panama currently reports 0.0258 constant LCU per US$ of GDP against 0.0246 constant LCU per US$ of GDP in Marshall Islands, a difference of 0.0012 constant LCU per US$ of GDP.

The two have swapped places 3 times across 28 shared years of data; in 1997 it was Marshall Islands ahead.

Marshall Islands ranks 175th and Panama ranks 174th of 189 countries.

Marshall Islands has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Marshall Islands Panama Difference Ahead
1990s 0.1472 constant LCU per US$ of GDP 0.0601 constant LCU per US$ of GDP 0.0871 constant LCU per US$ of GDP Marshall Islands
2000s 0.0928 constant LCU per US$ of GDP 0.0525 constant LCU per US$ of GDP 0.0403 constant LCU per US$ of GDP Marshall Islands
2010s 0.0416 constant LCU per US$ of GDP 0.0379 constant LCU per US$ of GDP 0.0037 constant LCU per US$ of GDP Marshall Islands
2020s 0.0289 constant LCU per US$ of GDP 0.0262 constant LCU per US$ of GDP 0.0027 constant LCU per US$ of GDP Marshall Islands

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (constant lcu), per unit of gdp, Marshall Islands or Panama?
Panama, at 0.0258 constant LCU per US$ of GDP against 0.0246 constant LCU per US$ of GDP in Marshall Islands as of 2025.
What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between Marshall Islands and Panama?
0.0012 constant LCU per US$ of GDP, with Panama ahead.
How many years of comparable data are there for Marshall Islands and Panama?
28 years are reported by both, from 1997 to 2024.
How do Marshall Islands and Panama rank globally for taxes less subsidies on products (constant lcu), per unit of gdp?
Marshall Islands ranks 175th and Panama ranks 174th of 189 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Marshall Islands vs Panama: Taxes less subsidies on products (constant LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu-per-unit-of-gdp/marshall-islands/panama/

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About this data

Indicator
Taxes less subsidies on products (constant LCU), per unit of GDP
Unit
constant LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
190 places, 7,344 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.