Panama vs Saint Lucia: Taxes on incomes of individuals and corporations as share of GDP
Panama
4.8%
in 2014
Saint Lucia
4.9%
in 2023
Panama rank
129th
Saint Lucia rank
126th
Taxes on incomes of individuals and corporations as share of GDP over time
- Panama
- Saint Lucia
How they compare
Saint Lucia currently reports 4.9% against 4.8% in Panama, a difference of 0.1%.
The two have swapped places 5 times across 26 shared years of data; in 1989 it was Saint Lucia ahead.
Panama ranks 129th and Saint Lucia ranks 126th of 184 countries.
Saint Lucia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Panama | Saint Lucia | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 2.7% | 5.2% | 2.5% | Saint Lucia |
| 1990s | 4.1% | 4.7% | 0.7% | Saint Lucia |
| 2000s | 3.8% | 5.0% | 1.3% | Saint Lucia |
| 2010s | 4.8% | 5.3% | 0.5% | Saint Lucia |
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, Panama or Saint Lucia?
- Saint Lucia, at 4.9% 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 Panama and Saint Lucia?
- 0.1%, with Saint Lucia ahead.
- How many years of comparable data are there for Panama and Saint Lucia?
- 26 years are reported by both, from 1989 to 2014.
- How do Panama and Saint Lucia rank globally for taxes on incomes of individuals and corporations as share of gdp?
- Panama ranks 129th and Saint Lucia ranks 126th 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.