Panama vs Solomon Islands: Taxes less subsidies on products (current US$), per unit of GDP

Panama
0.0246 current US$ per US$ of GDP
in 2025
Solomon Islands
0.0199 current US$ per US$ of GDP
in 2024
Panama rank
179th
Solomon Islands rank
182nd

Taxes less subsidies on products (current US$), per unit of GDP over time

  • Panama
  • Solomon Islands
00.050.1196019922025

How they compare

Panama currently reports 0.0246 current US$ per US$ of GDP against 0.0199 current US$ per US$ of GDP in Solomon Islands, a difference of 0.0047 current US$ per US$ of GDP.

That makes Panama's figure about 1.2 times Solomon Islands's.

The two have swapped places 2 times across 54 shared years of data; in 1971 it was Panama ahead.

Panama ranks 179th and Solomon Islands ranks 182nd of 197 countries.

Across the 6 decades both report, Panama averaged higher in 3 and Solomon Islands in 3.

Head to head by decade

Decade Panama Solomon Islands Difference Ahead
1970s 0.0325 current US$ per US$ of GDP 0.0397 current US$ per US$ of GDP 0.0072 current US$ per US$ of GDP Solomon Islands
1980s 0.0272 current US$ per US$ of GDP 0.0685 current US$ per US$ of GDP 0.0414 current US$ per US$ of GDP Solomon Islands
1990s 0.038 current US$ per US$ of GDP 0.0695 current US$ per US$ of GDP 0.0315 current US$ per US$ of GDP Solomon Islands
2000s 0.0401 current US$ per US$ of GDP 0.019 current US$ per US$ of GDP 0.0211 current US$ per US$ of GDP Panama
2010s 0.0383 current US$ per US$ of GDP 0.0223 current US$ per US$ of GDP 0.0159 current US$ per US$ of GDP Panama
2020s 0.0261 current US$ per US$ of GDP 0.0203 current US$ per US$ of GDP 0.0059 current US$ 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 (current us$), per unit of gdp, Panama or Solomon Islands?
Panama, at 0.0246 current US$ per US$ of GDP against 0.0199 current US$ per US$ of GDP in Solomon Islands as of 2025.
What is the difference in taxes less subsidies on products (current us$), per unit of gdp between Panama and Solomon Islands?
0.0047 current US$ per US$ of GDP, with Panama ahead.
How many years of comparable data are there for Panama and Solomon Islands?
54 years are reported by both, from 1971 to 2024.
How do Panama and Solomon Islands rank globally for taxes less subsidies on products (current us$), per unit of gdp?
Panama ranks 179th and Solomon Islands ranks 182nd of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Solomon Islands: Taxes less subsidies on products (current US$), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 14 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/panama/solomon-islands/

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About this data

Indicator
Taxes less subsidies on products (current US$), per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

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