Taxes less subsidies on products (current LCU), annual growth rate in Panama
Panama: Taxes less subsidies on products (current LCU), annual growth rate was 4.12 % change on previous year in 2025. ◆ Volatile
Latest (2025)
4.12 % change on previous year
Change on year
up 393.6%
World rank
145th
of 197 countries
All-time high
52.55 % change on previous year
in 1990
All-time low
-48.89 % change on previous year
in 1988
Years of data
65
1961–2025
Taxes less subsidies on products (current LCU), annual growth rate in Panama, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded 4.12 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 2025.
Compared with earlier readings it is up 393.6% on the previous year and down 23.6% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Panama peaked at 52.55 % change on previous year in 1990 and was at its lowest, -48.89 % change on previous year, in 1988.
Panama ranks 145th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 11.56 % change on previous year | — |
| 1962 | 6.74 % change on previous year | -41.7% |
| 1963 | -1.46 % change on previous year | -121.6% |
| 1964 | 6.16 % change on previous year | -522.8% |
| 1965 | 16.24 % change on previous year | +163.7% |
| 1966 | 6.99 % change on previous year | -57.0% |
| 1967 | 10.82 % change on previous year | +54.9% |
| 1968 | 3.87 % change on previous year | -64.2% |
| 1969 | 15.72 % change on previous year | +306.0% |
| 1970 | 16.95 % change on previous year | +7.8% |
| 1971 | 10.57 % change on previous year | -37.6% |
| 1972 | 2.94 % change on previous year | -72.2% |
| 1973 | 5.24 % change on previous year | +78.1% |
| 1974 | 14.93 % change on previous year | +185.1% |
| 1975 | -12.99 % change on previous year | -187.0% |
| 1976 | 0.9049 % change on previous year | -107.0% |
| 1977 | 2.02 % change on previous year | +123.0% |
| 1978 | 25.27 % change on previous year | +1152.5% |
| 1979 | 19.47 % change on previous year | -23.0% |
| 1980 | 15.27 % change on previous year | -21.6% |
| 1981 | 11.48 % change on previous year | -24.8% |
| 1982 | 5.71 % change on previous year | -50.3% |
| 1983 | 8.06 % change on previous year | +41.1% |
| 1984 | 14.18 % change on previous year | +75.9% |
| 1985 | 9.55 % change on previous year | -32.7% |
| 1986 | 17.3 % change on previous year | +81.2% |
| 1987 | -4.25 % change on previous year | -124.5% |
| 1988 | -48.89 % change on previous year | +1051.6% |
| 1989 | 20.78 % change on previous year | -142.5% |
| 1990 | 52.55 % change on previous year | +152.9% |
| 1991 | 3.47 % change on previous year | -93.4% |
| 1992 | 19.52 % change on previous year | +462.6% |
| 1993 | 40.98 % change on previous year | +109.9% |
| 1994 | 5.76 % change on previous year | -86.0% |
| 1995 | 1.21 % change on previous year | -79.0% |
| 1996 | -3.63 % change on previous year | -400.2% |
| 1997 | 1.34 % change on previous year | -137.0% |
| 1998 | 21.06 % change on previous year | +1466.9% |
| 1999 | 8.9 % change on previous year | -57.7% |
| 2000 | -8.55 % change on previous year | -196.0% |
| 2001 | 3.83 % change on previous year | -144.8% |
| 2002 | 15.52 % change on previous year | +304.9% |
| 2003 | 8.39 % change on previous year | -45.9% |
| 2004 | 5.44 % change on previous year | -35.1% |
| 2005 | 14.86 % change on previous year | +173.0% |
| 2006 | -4.12 % change on previous year | -127.7% |
| 2007 | 22.67 % change on previous year | -650.3% |
| 2008 | 16.25 % change on previous year | -28.3% |
| 2009 | 10.82 % change on previous year | -33.4% |
| 2010 | 16.64 % change on previous year | +53.7% |
| 2011 | 20.08 % change on previous year | +20.7% |
| 2012 | 10.1 % change on previous year | -49.7% |
| 2013 | 6.91 % change on previous year | -31.5% |
| 2014 | 12.67 % change on previous year | +83.3% |
| 2015 | 5.39 % change on previous year | -57.5% |
| 2016 | 11.63 % change on previous year | +115.8% |
| 2017 | -0.6553 % change on previous year | -105.6% |
| 2018 | -2.66 % change on previous year | +305.3% |
| 2019 | -5.23 % change on previous year | +96.7% |
| 2020 | -34.71 % change on previous year | +564.2% |
| 2021 | 26.79 % change on previous year | -177.2% |
| 2022 | 20.32 % change on previous year | -24.2% |
| 2023 | -0.0746 % change on previous year | -100.4% |
| 2024 | -1.4 % change on previous year | +1778.6% |
| 2025 | 4.12 % change on previous year | -393.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.52 % change on previous year | -1.46 % change on previous year | 16.24 % change on previous year | 9 |
| 1970s | 8.53 % change on previous year | -12.99 % change on previous year | 25.27 % change on previous year | 10 |
| 1980s | 4.92 % change on previous year | -48.89 % change on previous year | 20.78 % change on previous year | 10 |
| 1990s | 15.12 % change on previous year | -3.63 % change on previous year | 52.55 % change on previous year | 10 |
| 2000s | 8.51 % change on previous year | -8.55 % change on previous year | 22.67 % change on previous year | 10 |
| 2010s | 7.49 % change on previous year | -5.23 % change on previous year | 20.08 % change on previous year | 10 |
| 2020s | 2.51 % change on previous year | -34.71 % change on previous year | 26.79 % change on previous year | 6 |
Countries ranked near Panama
- 142 Italy 4.34 % change on previous year compare
- 143 Germany 4.28 % change on previous year compare
- 144 Denmark 4.16 % change on previous year compare
- 146 Czechia 4.07 % change on previous year compare
- 147 Slovenia 3.96 % change on previous year compare
- 148 Botswana 3.94 % change on previous year 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)
- Gross capital formation (constant 2015 US$), annual growth rate -7.13 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2986 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 5,722 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate -4.99 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.3932 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 7,533 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate -4.99 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 0.3932 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current lcu), annual growth rate in Panama?
- Taxes less subsidies on products (current lcu), annual growth rate in Panama was 4.12 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Panama?
- The highest recorded value was 52.55 % change on previous year in 1990.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Panama?
- The lowest recorded value was -48.89 % change on previous year in 1988.
- How does Panama rank for taxes less subsidies on products (current lcu), annual growth rate?
- Panama ranks 145th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Panama?
- Over the last ten years it is down 23.6%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
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
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.