Panama vs Venezuela: Taxes less subsidies on products (constant LCU), per unit of GDP
Panama
0.0258 constant LCU per US$ of GDP
in 2025
Venezuela
0.026 constant LCU per US$ of GDP
in 2014
Panama rank
174th
Venezuela rank
173rd
Taxes less subsidies on products (constant LCU), per unit of GDP over time
- Panama
- Venezuela
How they compare
Venezuela currently reports 0.026 constant LCU per US$ of GDP against 0.0258 constant LCU per US$ of GDP in Panama, a difference of 0.0002 constant LCU per US$ of GDP.
Across all 45 years both countries report, Panama has been ahead every year.
Panama ranks 174th and Venezuela ranks 173rd of 189 countries.
Panama has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Panama | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.1392 constant LCU per US$ of GDP | 0.0388 constant LCU per US$ of GDP | 0.1003 constant LCU per US$ of GDP | Panama |
| 1980s | 0.0505 constant LCU per US$ of GDP | 0.0143 constant LCU per US$ of GDP | 0.0363 constant LCU per US$ of GDP | Panama |
| 1990s | 0.0579 constant LCU per US$ of GDP | 0.0175 constant LCU per US$ of GDP | 0.0404 constant LCU per US$ of GDP | Panama |
| 2000s | 0.0525 constant LCU per US$ of GDP | 0.026 constant LCU per US$ of GDP | 0.0265 constant LCU per US$ of GDP | Panama |
| 2010s | 0.0408 constant LCU per US$ of GDP | 0.0196 constant LCU per US$ of GDP | 0.0212 constant LCU per US$ of GDP | Panama |
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, Panama or Venezuela?
- Venezuela, at 0.026 constant LCU per US$ of GDP against 0.0258 constant LCU per US$ of GDP in Panama as of 2014.
- What is the difference in taxes less subsidies on products (constant lcu), per unit of gdp between Panama and Venezuela?
- 0.0002 constant LCU per US$ of GDP, with Venezuela ahead.
- How many years of comparable data are there for Panama and Venezuela?
- 45 years are reported by both, from 1970 to 2014.
- How do Panama and Venezuela rank globally for taxes less subsidies on products (constant lcu), per unit of gdp?
- Panama ranks 174th and Venezuela ranks 173rd 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.
Individual pages
About this data
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.