Tax revenue share gdp oecd grsd in Panama
Panama: Tax revenue share gdp oecd grsd was 14.7 in 2017. ▼ Falling
Latest (2017)
14.7
Change on year
down 3.8%
World rank
67th
of 77 countries
All-time high
18.45
in 1995
All-time low
13.78
in 2005
Years of data
28
1990–2017
Tax revenue share gdp oecd grsd in Panama, 1990–2017
Source: Our World in Data.
Analysis
Panama recorded 14.7 for tax revenue share gdp oecd grsd in 2017.
Compared with earlier readings it is down 3.8% on the previous year and down 2.6% over ten years.
Over the whole period, tax revenue share gdp oecd grsd in Panama peaked at 18.45 in 1995 and was at its lowest, 13.78, in 2005.
Panama ranks 67th of 77 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Tax revenue share gdp oecd grsd in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1990 | 15.85 | — |
| 1991 | 16.48 | +4.0% |
| 1992 | 16.16 | -1.9% |
| 1993 | 17.34 | +7.3% |
| 1994 | 17.48 | +0.8% |
| 1995 | 18.45 | +5.5% |
| 1996 | 16.38 | -11.2% |
| 1997 | 16.13 | -1.5% |
| 1998 | 15.55 | -3.6% |
| 1999 | 16.32 | +5.0% |
| 2000 | 15.87 | -2.8% |
| 2001 | 14.76 | -7.0% |
| 2002 | 14.43 | -2.2% |
| 2003 | 14.13 | -2.1% |
| 2004 | 13.91 | -1.6% |
| 2005 | 13.78 | -0.9% |
| 2006 | 15.15 | +9.9% |
| 2007 | 15.09 | -0.4% |
| 2008 | 15.3 | +1.4% |
| 2009 | 15.13 | -1.1% |
| 2010 | 15.97 | +5.5% |
| 2011 | 15.81 | -1.0% |
| 2012 | 16.14 | +2.1% |
| 2013 | 16.38 | +1.5% |
| 2014 | 15.11 | -7.7% |
| 2015 | 15.22 | +0.7% |
| 2016 | 15.28 | +0.4% |
| 2017 | 14.7 | -3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.62 | 15.55 | 18.45 | 10 |
| 2000s | 14.75 | 13.78 | 15.87 | 10 |
| 2010s | 15.58 | 14.7 | 16.38 | 8 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- GDP (current US$), annual growth rate 4.55 % change on previous year (2025)
- GDP (current US$), per capita 19,790 current US$ per person (2025)
- GDP (current LCU), annual growth rate 4.55 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 19,790 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,650 constant 2015 US$ per person (2025)
Frequently asked questions
- What is tax revenue share gdp oecd grsd in Panama?
- Tax revenue share gdp oecd grsd in Panama was 14.7 in 2017, according to Our World in Data.
- What is the highest tax revenue share gdp oecd grsd recorded in Panama?
- The highest recorded value was 18.45 in 1995.
- What is the lowest tax revenue share gdp oecd grsd recorded in Panama?
- The lowest recorded value was 13.78 in 2005.
- How does Panama rank for tax revenue share gdp oecd grsd?
- Panama ranks 67th out of 77 countries with data for 2017.
- Is tax revenue share gdp oecd grsd rising or falling in Panama?
- Over the last ten years it is down 2.6%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Tax revenue share gdp oecd grsd. Statizoid updates them automatically from the source API.
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