Taxes less subsidies on products (constant LCU), per square kilometre in Panama
Panama: Taxes less subsidies on products (constant LCU), per square kilometre was 29,391 constant LCU per square kilometre in 2023. ◆ Volatile
Taxes less subsidies on products (constant LCU), per square kilometre in Panama, 1970–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
The most recent figure for taxes less subsidies on products (constant lcu), per square kilometre in Panama is 29,391 constant LCU per square kilometre, measured in 2023.
That represents a change of up 5.3% on the previous year and up 19.2% over ten years.
Over the whole period, taxes less subsidies on products (constant lcu), per square kilometre in Panama peaked at 30,996 constant LCU per square kilometre in 2018 and was at its lowest, 2,505 constant LCU per square kilometre, in 1977.
That places Panama 159th out of 186 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (constant LCU), per square kilometre in Panama, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1970 | 4,598 constant LCU per square kilometre | — |
| 1971 | 5,059 constant LCU per square kilometre | +10.0% |
| 1972 | 5,184 constant LCU per square kilometre | +2.5% |
| 1973 | 4,561 constant LCU per square kilometre | -12.0% |
| 1974 | 3,464 constant LCU per square kilometre | -24.0% |
| 1975 | 2,604 constant LCU per square kilometre | -24.8% |
| 1976 | 2,704 constant LCU per square kilometre | +3.8% |
| 1977 | 2,505 constant LCU per square kilometre | -7.4% |
| 1978 | 3,302 constant LCU per square kilometre | +31.8% |
| 1979 | 3,277 constant LCU per square kilometre | -0.8% |
| 1980 | 3,489 constant LCU per square kilometre | +6.5% |
| 1981 | 3,534 constant LCU per square kilometre | +1.3% |
| 1982 | 3,584 constant LCU per square kilometre | +1.4% |
| 1983 | 3,835 constant LCU per square kilometre | +7.0% |
| 1984 | 4,292 constant LCU per square kilometre | +11.9% |
| 1985 | 4,734 constant LCU per square kilometre | +10.3% |
| 1986 | 6,089 constant LCU per square kilometre | +28.6% |
| 1987 | 5,467 constant LCU per square kilometre | -10.2% |
| 1988 | 2,718 constant LCU per square kilometre | -50.3% |
| 1989 | 3,083 constant LCU per square kilometre | +13.4% |
| 1990 | 4,591 constant LCU per square kilometre | +48.9% |
| 1991 | 4,715 constant LCU per square kilometre | +2.7% |
| 1992 | 5,334 constant LCU per square kilometre | +13.1% |
| 1993 | 7,489 constant LCU per square kilometre | +40.4% |
| 1994 | 7,785 constant LCU per square kilometre | +3.9% |
| 1995 | 7,931 constant LCU per square kilometre | +1.9% |
| 1996 | 7,384 constant LCU per square kilometre | -6.9% |
| 1997 | 7,502 constant LCU per square kilometre | +1.6% |
| 1998 | 9,158 constant LCU per square kilometre | +22.1% |
| 1999 | 9,896 constant LCU per square kilometre | +8.1% |
| 2000 | 8,925 constant LCU per square kilometre | -9.8% |
| 2001 | 9,445 constant LCU per square kilometre | +5.8% |
| 2002 | 10,600 constant LCU per square kilometre | +12.2% |
| 2003 | 10,516 constant LCU per square kilometre | -0.8% |
| 2004 | 10,966 constant LCU per square kilometre | +4.3% |
| 2005 | 12,004 constant LCU per square kilometre | +9.5% |
| 2006 | 12,237 constant LCU per square kilometre | +1.9% |
| 2007 | 14,140 constant LCU per square kilometre | +15.6% |
| 2008 | 16,092 constant LCU per square kilometre | +13.8% |
| 2009 | 15,548 constant LCU per square kilometre | -3.4% |
| 2010 | 18,466 constant LCU per square kilometre | +18.8% |
| 2011 | 20,080 constant LCU per square kilometre | +8.7% |
| 2012 | 22,109 constant LCU per square kilometre | +10.1% |
| 2013 | 24,657 constant LCU per square kilometre | +11.5% |
| 2014 | 26,433 constant LCU per square kilometre | +7.2% |
| 2015 | 27,583 constant LCU per square kilometre | +4.4% |
| 2016 | 29,346 constant LCU per square kilometre | +6.4% |
| 2017 | 30,696 constant LCU per square kilometre | +4.6% |
| 2018 | 30,996 constant LCU per square kilometre | +1.0% |
| 2019 | 30,514 constant LCU per square kilometre | -1.6% |
| 2020 | 19,643 constant LCU per square kilometre | -35.6% |
| 2021 | 23,931 constant LCU per square kilometre | +21.8% |
| 2022 | 27,916 constant LCU per square kilometre | +16.7% |
| 2023 | 29,391 constant LCU per square kilometre | +5.3% |
Panama compared with similar countries
- Panama's 29,391 constant LCU per square kilometre is below the median for high income countries, which is 604,266 constant LCU per square kilometre, 5% of the median. (66 countries reporting)
- Panama's 29,391 constant LCU per square kilometre is below the median for Latin America & Caribbean, which is 714,509 constant LCU per square kilometre, 4% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (constant LCU), per square kilometre in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | -50.3% | 5,467 constant LCU per square kilometre | 2,718 constant LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3,726 constant LCU per square kilometre | 2,505 constant LCU per square kilometre | 5,184 constant LCU per square kilometre | 10 |
| 1980s | 4,083 constant LCU per square kilometre | 2,718 constant LCU per square kilometre | 6,089 constant LCU per square kilometre | 10 |
| 1990s | 7,178 constant LCU per square kilometre | 4,591 constant LCU per square kilometre | 9,896 constant LCU per square kilometre | 10 |
| 2000s | 12,047 constant LCU per square kilometre | 8,925 constant LCU per square kilometre | 16,092 constant LCU per square kilometre | 10 |
| 2010s | 26,088 constant LCU per square kilometre | 18,466 constant LCU per square kilometre | 30,996 constant LCU per square kilometre | 10 |
| 2020s | 25,220 constant LCU per square kilometre | 19,643 constant LCU per square kilometre | 29,391 constant LCU per square kilometre | 4 |
Countries ranked near Panama
- 156 Azerbaijan 30,495 constant LCU per square kilometre compare
- 157 Belize 30,394 constant LCU per square kilometre compare
- 158 Bolivia 30,096 constant LCU per square kilometre compare
- 160 Mauritania 27,771 constant LCU per square kilometre compare
- 161 Turkmenistan 24,951 constant LCU per square kilometre compare
- 162 Ecuador 24,155 constant LCU per square kilometre compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products (constant lcu), per square kilometre in Panama?
- Taxes less subsidies on products (constant lcu), per square kilometre in Panama was 29,391 constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (constant lcu), per square kilometre recorded in Panama?
- The highest recorded value was 30,996 constant LCU per square kilometre in 2018.
- What is the lowest taxes less subsidies on products (constant lcu), per square kilometre recorded in Panama?
- The lowest recorded value was 2,505 constant LCU per square kilometre in 1977.
- How does Panama rank for taxes less subsidies on products (constant lcu), per square kilometre?
- Panama ranks 159th out of 186 countries with data for 2023.
- Is taxes less subsidies on products (constant lcu), per square kilometre rising or falling in Panama?
- Over the last ten years it is up 19.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (constant LCU) ÷ Land area (sq. km)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.