Aruba vs Panama: Taxes on goods and services as share of GDP

Aruba
2.6%
in 2006
Panama
2.8%
in 2014
Aruba rank
167th
Panama rank
164th

Taxes on goods and services as share of GDP over time

  • Aruba
  • Panama
01234198920012014

How they compare

Panama currently reports 2.8% against 2.6% in Aruba, a difference of 0.2%.

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

Across all 15 years both countries report, Aruba has been ahead every year.

Aruba ranks 167th and Panama ranks 164th of 187 countries.

Aruba has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Aruba Panama Difference Ahead
1990s 3.7% 3.0% 0.7% Aruba
2000s 3.0% 2.2% 0.8% Aruba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on goods and services as share of gdp, Aruba or Panama?
Panama, at 2.8% against 2.6% in Aruba as of 2014.
What is the difference in taxes on goods and services as share of gdp between Aruba and Panama?
0.2%, with Panama ahead.
How many years of comparable data are there for Aruba and Panama?
15 years are reported by both, from 1992 to 2006.
How do Aruba and Panama rank globally for taxes on goods and services as share of gdp?
Aruba ranks 167th and Panama ranks 164th of 187 countries.
Where does this data come from?
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Taxes on goods and services as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Aruba vs Panama: Taxes on goods and services as share of GDP. Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 02 September 2026, from https://economy.statizoid.com/compare/taxes-on-goods-and-services-gdp/aruba/panama/

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About this data

Indicator
Taxes on goods and services as share of GDP
Unit
% of GDP
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 5,751 data points, 1980–2023
Last refreshed

Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.