Taxes as a share of cigarette price in Panama

Panama: Taxes as a share of cigarette price was 56.5% in 2022. ▲ Rising

Latest (2022)
56.5%
Change on year
unchanged
World rank
92nd
of 190 countries
All-time high
59.2%
in 2010
All-time low
36.6%
in 2008
Years of data
8
2008–2022

Taxes as a share of cigarette price in Panama, 2008–2022

02040602008201520222008: 36.6 %2010: 59.2 %2012: 56.5 %2014: 56.5 %2016: 56.5 %2018: 56.5 %2020: 56.5 %2022: 56.5 %

Source: World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data. Measured in %.

Analysis

In 2022, taxes as a share of cigarette price in Panama stood at 56.5%.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, taxes as a share of cigarette price in Panama peaked at 59.2% in 2010 and was at its lowest, 36.6%, in 2008.

That places Panama 92nd out of 190 countries with data for 2022, putting it in the middle of the range.

Taxes as a share of cigarette price in Panama, year by year

Annual values for Taxes as a share of cigarette price in Panama, 2008 to 2022.
Year % Change
2008 36.6%
2010 59.2% +61.8%
2012 56.5% -4.5%
2014 56.5% +0.0%
2016 56.5% +0.0%
2018 56.5% +0.0%
2020 56.5% +0.0%
2022 56.5% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 36.6% 36.6% 36.6% 1
2010s 57.1% 56.5% 59.2% 5
2020s 56.5% 56.5% 56.5% 2

Countries ranked near Panama

  1. 89 India 57.6% compare
  2. 90 Yemen 57.0% compare
  3. 91 Belarus 56.6% compare
  4. 93 Uzbekistan 56.4% compare
  5. 94 Eritrea 55.4% compare
  6. 95 Botswana 55.2% compare

See the full ranking of 190 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is taxes as a share of cigarette price in Panama?
Taxes as a share of cigarette price in Panama was 56.5% in 2022, according to World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data.
What is the highest taxes as a share of cigarette price recorded in Panama?
The highest recorded value was 59.2% in 2010.
What is the lowest taxes as a share of cigarette price recorded in Panama?
The lowest recorded value was 36.6% in 2008.
How does Panama rank for taxes as a share of cigarette price?
Panama ranks 92nd out of 190 countries with data for 2022.
Is taxes as a share of cigarette price rising or falling in Panama?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data, published as part of Taxes as a share of cigarette price. Statizoid updates them automatically from the source API.

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Taxes as a share of cigarette price in Panama. Statizoid, drawing on World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/taxes-as-a-share-of-cigarette-price/panama/

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About this data

Indicator
Taxes as a share of cigarette price
Unit
%
Source
World Health Organization - Global Health Observatory (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
190 places, 1,472 data points, 2008–2022
Last refreshed

Share of taxes on the retail price of a pack of cigarettes. This includes all taxes and is based on one pack (20 cigarettes) of the most sold brand in the country.