Aruba vs Panama: Taxes on income vs. taxes on goods and services
Aruba
2.6%
in 2006
Panama
2.8%
in 2014
Aruba rank
167th
Panama rank
164th
Taxes on income vs. taxes on goods and services over time
- Aruba
- Panama
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 income vs. taxes on goods and services, Aruba or Panama?
- Panama, at 2.8% against 2.6% in Aruba as of 2014.
- What is the difference in taxes on income vs. taxes on goods and services 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 income vs. taxes on goods and services?
- 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 income vs. taxes on goods and services. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.