Taxes less subsidies on products (current US$), per capita (capita US) in Panama
Panama: Taxes less subsidies on products (current US$), per capita (capita US) was 487.09 current US$ per person in 2025. ◆ Volatile
Latest (2025)
487.09 current US$ per person
Change on year
up 2.9%
World rank
111th
of 197 countries
All-time high
590.11 current US$ per person
in 2016
All-time low
21.31 current US$ per person
in 1960
Years of data
66
1960–2025
Taxes less subsidies on products (current US$), per capita in Panama, 1960–2025
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
In 2025, taxes less subsidies on products (current us$), per capita in Panama stood at 487.09 current US$ per person.
The figure is up 2.9% on the previous year and down 9.4% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per capita in Panama peaked at 590.11 current US$ per person in 2016 and was at its lowest, 21.31 current US$ per person, in 1960.
That places Panama 111th out of 197 countries with data for 2025, putting it 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 US$), per capita (capita US) in Panama, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 1960 | 21.31 current US$ per person | — |
| 1961 | 23.08 current US$ per person | +8.3% |
| 1962 | 23.9 current US$ per person | +3.6% |
| 1963 | 22.85 current US$ per person | -4.4% |
| 1964 | 23.53 current US$ per person | +3.0% |
| 1965 | 26.54 current US$ per person | +12.8% |
| 1966 | 27.56 current US$ per person | +3.8% |
| 1967 | 29.66 current US$ per person | +7.6% |
| 1968 | 29.93 current US$ per person | +0.9% |
| 1969 | 33.66 current US$ per person | +12.5% |
| 1970 | 38.27 current US$ per person | +13.7% |
| 1971 | 41.14 current US$ per person | +7.5% |
| 1972 | 41.2 current US$ per person | +0.1% |
| 1973 | 42.19 current US$ per person | +2.4% |
| 1974 | 47.22 current US$ per person | +11.9% |
| 1975 | 40.03 current US$ per person | -15.2% |
| 1976 | 39.38 current US$ per person | -1.6% |
| 1977 | 39.19 current US$ per person | -0.5% |
| 1978 | 47.92 current US$ per person | +22.3% |
| 1979 | 55.9 current US$ per person | +16.6% |
| 1980 | 62.92 current US$ per person | +12.6% |
| 1981 | 68.51 current US$ per person | +8.9% |
| 1982 | 70.73 current US$ per person | +3.2% |
| 1983 | 74.66 current US$ per person | +5.5% |
| 1984 | 83.27 current US$ per person | +11.5% |
| 1985 | 89.15 current US$ per person | +7.1% |
| 1986 | 102.23 current US$ per person | +14.7% |
| 1987 | 95.73 current US$ per person | -6.4% |
| 1988 | 47.87 current US$ per person | -50.0% |
| 1989 | 56.59 current US$ per person | +18.2% |
| 1990 | 84.51 current US$ per person | +49.3% |
| 1991 | 85.6 current US$ per person | +1.3% |
| 1992 | 100.19 current US$ per person | +17.0% |
| 1993 | 138.35 current US$ per person | +38.1% |
| 1994 | 143.33 current US$ per person | +3.6% |
| 1995 | 142.14 current US$ per person | -0.8% |
| 1996 | 134.23 current US$ per person | -5.6% |
| 1997 | 133.33 current US$ per person | -0.7% |
| 1998 | 158.22 current US$ per person | +18.7% |
| 1999 | 168.93 current US$ per person | +6.8% |
| 2000 | 151.48 current US$ per person | -10.3% |
| 2001 | 154.26 current US$ per person | +1.8% |
| 2002 | 174.79 current US$ per person | +13.3% |
| 2003 | 185.86 current US$ per person | +6.3% |
| 2004 | 192.28 current US$ per person | +3.5% |
| 2005 | 216.72 current US$ per person | +12.7% |
| 2006 | 203.98 current US$ per person | -5.9% |
| 2007 | 245.68 current US$ per person | +20.4% |
| 2008 | 280.45 current US$ per person | +14.2% |
| 2009 | 305.25 current US$ per person | +8.8% |
| 2010 | 349.74 current US$ per person | +14.6% |
| 2011 | 412.58 current US$ per person | +18.0% |
| 2012 | 446.3 current US$ per person | +8.2% |
| 2013 | 468.91 current US$ per person | +5.1% |
| 2014 | 519.26 current US$ per person | +10.7% |
| 2015 | 537.86 current US$ per person | +3.6% |
| 2016 | 590.11 current US$ per person | +9.7% |
| 2017 | 576.29 current US$ per person | -2.3% |
| 2018 | 551.67 current US$ per person | -4.3% |
| 2019 | 514.6 current US$ per person | -6.7% |
| 2020 | 331.41 current US$ per person | -35.6% |
| 2021 | 415.17 current US$ per person | +25.3% |
| 2022 | 493.23 current US$ per person | +18.8% |
| 2023 | 486.45 current US$ per person | -1.4% |
| 2024 | 473.6 current US$ per person | -2.6% |
| 2025 | 487.09 current US$ per person | +2.9% |
Panama compared with similar countries
- Panama's 487.09 current US$ per person is below the median for high income countries, which is 3,479 current US$ per person, 14% of the median. (74 countries reporting)
- Panama's 487.09 current US$ per person is below the median for Latin America & Caribbean, which is 1,183 current US$ per person, 41% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 26.2 current US$ per person | 21.31 current US$ per person | 33.66 current US$ per person | 10 |
| 1970s | 43.25 current US$ per person | 38.27 current US$ per person | 55.9 current US$ per person | 10 |
| 1980s | 75.17 current US$ per person | 47.87 current US$ per person | 102.23 current US$ per person | 10 |
| 1990s | 128.88 current US$ per person | 84.51 current US$ per person | 168.93 current US$ per person | 10 |
| 2000s | 211.07 current US$ per person | 151.48 current US$ per person | 305.25 current US$ per person | 10 |
| 2010s | 496.73 current US$ per person | 349.74 current US$ per person | 590.11 current US$ per person | 10 |
| 2020s | 447.83 current US$ per person | 331.41 current US$ per person | 493.23 current US$ per person | 6 |
Countries ranked near Panama
- 108 Ecuador 545.42 current US$ per person compare
- 109 Tuvalu 512.54 current US$ per person compare
- 110 Suriname 510.48 current US$ per person compare
- 112 Botswana 444.05 current US$ per person compare
- 113 Namibia 442.63 current US$ per person compare
- 114 Kyrgyzstan 442.32 current US$ per person 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per capita in Panama?
- Taxes less subsidies on products (current us$), per capita in Panama was 487.09 current US$ per person in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per capita recorded in Panama?
- The highest recorded value was 590.11 current US$ per person in 2016.
- What is the lowest taxes less subsidies on products (current us$), per capita recorded in Panama?
- The lowest recorded value was 21.31 current US$ per person in 1960.
- How does Panama rank for taxes less subsidies on products (current us$), per capita?
- Panama ranks 111th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current us$), per capita rising or falling in Panama?
- Over the last ten years it is down 9.4%. 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 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes less subsidies on products (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ Population, total
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.