Cape Verde vs Panama: Taxes on incomes of individuals and corporations as share of GDP
Cape Verde
4.8%
in 2023
Panama
4.8%
in 2014
Cape Verde rank
127th
Panama rank
129th
Taxes on incomes of individuals and corporations as share of GDP over time
- Cape Verde
- Panama
How they compare
Cape Verde currently reports 4.8% against 4.8% in Panama, a difference of 0.0%.
The two have swapped places 3 times across 26 shared years of data; in 1989 it was Cape Verde ahead.
Cape Verde ranks 127th and Panama ranks 129th of 184 countries.
Cape Verde has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cape Verde | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 3.1% | 2.7% | 0.4% | Cape Verde |
| 1990s | 4.3% | 4.1% | 0.2% | Cape Verde |
| 2000s | 5.1% | 3.8% | 1.4% | Cape Verde |
| 2010s | 5.1% | 4.8% | 0.3% | Cape Verde |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on incomes of individuals and corporations as share of gdp, Cape Verde or Panama?
- Cape Verde, at 4.8% against 4.8% in Panama as of 2023.
- What is the difference in taxes on incomes of individuals and corporations as share of gdp between Cape Verde and Panama?
- 0.0%, with Cape Verde ahead.
- How many years of comparable data are there for Cape Verde and Panama?
- 26 years are reported by both, from 1989 to 2014.
- How do Cape Verde and Panama rank globally for taxes on incomes of individuals and corporations as share of gdp?
- Cape Verde ranks 127th and Panama ranks 129th of 184 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 incomes of individuals and corporations as share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.