How does Panama rank for taxes less subsidies on products (current us$), per unit of gdp?

Panama ranks 179th out of 197 countries with data for 2025.

Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Panama?

Over the last ten years it is down 35.6%. The long-run trend across the full record is falling.

Taxes less subsidies on products (current US$), per unit of GDP in Panama

Name: Taxes less subsidies on products (current US$), per unit of GDP in Panama
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Panama: Taxes less subsidies on products (current US$), per unit of GDP was 0.0246 current US$ per US$ of GDP in 2025. ▼ Falling

Latest (2025)

0.0246 current US$ per US$ of GDP

Change on year

down 0.4%

World rank

179th

of 197 countries

All-time high

0.0447 current US$ per US$ of GDP

in 1961

All-time low

0.0191 current US$ per US$ of GDP

in 1988

Years of data

1960–2025

Taxes less subsidies on products (current US$), per unit of GDP in Panama, 1960–2025

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Panama recorded 0.0246 current US$ per US$ of GDP for taxes less subsidies on products (current us$), per unit of gdp in 2025.

That represents a change of down 0.4% on the previous year and down 35.6% over ten years.

Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Panama peaked at 0.0447 current US$ per US$ of GDP in 1961 and was at its lowest, 0.0191 current US$ per US$ of GDP, in 1988.

That places Panama 179th out of 197 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 66 years of available data.

Taxes less subsidies on products (current US$), per unit of GDP in Panama, year by year

Annual values for Taxes less subsidies on products (current US$), per unit of GDP in Panama, 1960 to 2025.
Year	current US$ per US$ of GDP	Change
1960	0.0447 current US$ per US$ of GDP	—
1961	0.0447 current US$ per US$ of GDP	+0.0%
1962	0.0438 current US$ per US$ of GDP	-2.0%
1963	0.0389 current US$ per US$ of GDP	-11.1%
1964	0.0385 current US$ per US$ of GDP	-1.1%
1965	0.0408 current US$ per US$ of GDP	+5.8%
1966	0.04 current US$ per US$ of GDP	-1.8%
1967	0.0398 current US$ per US$ of GDP	-0.5%
1968	0.0384 current US$ per US$ of GDP	-3.4%
1969	0.0405 current US$ per US$ of GDP	+5.4%
1970	0.0429 current US$ per US$ of GDP	+5.7%
1971	0.042 current US$ per US$ of GDP	-2.0%
1972	0.0394 current US$ per US$ of GDP	-6.3%
1973	0.0362 current US$ per US$ of GDP	-8.0%
1974	0.0364 current US$ per US$ of GDP	+0.5%
1975	0.0285 current US$ per US$ of GDP	-21.8%
1976	0.027 current US$ per US$ of GDP	-5.1%
1977	0.0261 current US$ per US$ of GDP	-3.6%
1978	0.0276 current US$ per US$ of GDP	+5.7%
1979	0.0288 current US$ per US$ of GDP	+4.6%
1980	0.0267 current US$ per US$ of GDP	-7.5%
1981	0.0263 current US$ per US$ of GDP	-1.5%
1982	0.0252 current US$ per US$ of GDP	-4.3%
1983	0.0265 current US$ per US$ of GDP	+5.3%
1984	0.029 current US$ per US$ of GDP	+9.4%
1985	0.03 current US$ per US$ of GDP	+3.6%
1986	0.0339 current US$ per US$ of GDP	+12.9%
1987	0.0323 current US$ per US$ of GDP	-4.7%
1988	0.0191 current US$ per US$ of GDP	-40.9%
1989	0.023 current US$ per US$ of GDP	+20.5%
1990	0.0323 current US$ per US$ of GDP	+40.3%
1991	0.0304 current US$ per US$ of GDP	-5.9%
1992	0.0319 current US$ per US$ of GDP	+5.1%
1993	0.0412 current US$ per US$ of GDP	+29.1%
1994	0.0409 current US$ per US$ of GDP	-0.8%
1995	0.0405 current US$ per US$ of GDP	-1.0%
1996	0.0406 current US$ per US$ of GDP	+0.3%
1997	0.0376 current US$ per US$ of GDP	-7.3%
1998	0.0416 current US$ per US$ of GDP	+10.5%
1999	0.0428 current US$ per US$ of GDP	+2.9%
2000	0.0381 current US$ per US$ of GDP	-10.9%
2001	0.0386 current US$ per US$ of GDP	+1.4%
2002	0.0427 current US$ per US$ of GDP	+10.6%
2003	0.0436 current US$ per US$ of GDP	+2.0%
2004	0.0414 current US$ per US$ of GDP	-5.0%
2005	0.0432 current US$ per US$ of GDP	+4.3%
2006	0.0369 current US$ per US$ of GDP	-14.6%
2007	0.0389 current US$ per US$ of GDP	+5.4%
2008	0.0382 current US$ per US$ of GDP	-1.8%
2009	0.0391 current US$ per US$ of GDP	+2.6%
2010	0.042 current US$ per US$ of GDP	+7.2%
2011	0.0427 current US$ per US$ of GDP	+1.7%
2012	0.0403 current US$ per US$ of GDP	-5.5%
2013	0.0382 current US$ per US$ of GDP	-5.3%
2014	0.0393 current US$ per US$ of GDP	+2.9%
2015	0.0382 current US$ per US$ of GDP	-2.8%
2016	0.0398 current US$ per US$ of GDP	+4.2%
2017	0.0367 current US$ per US$ of GDP	-7.7%
2018	0.0342 current US$ per US$ of GDP	-7.0%
2019	0.0312 current US$ per US$ of GDP	-8.6%
2020	0.0249 current US$ per US$ of GDP	-20.2%
2021	0.0268 current US$ per US$ of GDP	+7.3%
2022	0.0284 current US$ per US$ of GDP	+6.0%
2023	0.0259 current US$ per US$ of GDP	-8.8%
2024	0.0247 current US$ per US$ of GDP	-4.5%
2025	0.0246 current US$ per US$ of GDP	-0.4%

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0.041 current US$ per US$ of GDP	0.0384 current US$ per US$ of GDP	0.0447 current US$ per US$ of GDP	10
1970s	0.0335 current US$ per US$ of GDP	0.0261 current US$ per US$ of GDP	0.0429 current US$ per US$ of GDP	10
1980s	0.0272 current US$ per US$ of GDP	0.0191 current US$ per US$ of GDP	0.0339 current US$ per US$ of GDP	10
1990s	0.038 current US$ per US$ of GDP	0.0304 current US$ per US$ of GDP	0.0428 current US$ per US$ of GDP	10
2000s	0.0401 current US$ per US$ of GDP	0.0369 current US$ per US$ of GDP	0.0436 current US$ per US$ of GDP	10
2010s	0.0383 current US$ per US$ of GDP	0.0312 current US$ per US$ of GDP	0.0427 current US$ per US$ of GDP	10
2020s	0.0259 current US$ per US$ of GDP	0.0246 current US$ per US$ of GDP	0.0284 current US$ per US$ of GDP	6

Countries ranked near Panama

176 Switzerland 0.0261 current US$ per US$ of GDP compare
177 Niger 0.026 current US$ per US$ of GDP compare
178 Haiti 0.025 current US$ per US$ of GDP compare
180 Bangladesh 0.0241 current US$ per US$ of GDP compare
181 Nigeria 0.0235 current US$ per US$ of GDP compare
182 Solomon Islands 0.0199 current US$ per US$ of GDP compare

See the full ranking of 198 places →

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)
Final consumption expenditure (constant 2015 US$), per capita 10,575 constant 2015 US$ per person (2024)
Gross national expenditure (current US$), annual growth rate 0.9683 % change on previous year (2024)
Gross national expenditure (current US$), per unit of GDP 0.9496 current US$ per US$ of GDP (2024)
Gross national expenditure (current US$), per capita 18,195 current US$ per person (2024)
Gross national expenditure (current LCU), annual growth rate 0.9683 % change on previous year (2024)
Gross national expenditure (current LCU), per unit of GDP 0.9496 current LCU per US$ of GDP (2024)
Gross national expenditure (current LCU), per capita 18,195 current LCU per person (2024)
Gross national expenditure (constant 2015 US$), annual growth rate 0.9641 % change on previous year (2024)

All data for Panama →

Frequently asked questions

What is taxes less subsidies on products (current us$), per unit of gdp in Panama?: Taxes less subsidies on products (current us$), per unit of gdp in Panama was 0.0246 current US$ per US$ of GDP in 2025, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Panama?: The highest recorded value was 0.0447 current US$ per US$ of GDP in 1961.
What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Panama?: The lowest recorded value was 0.0191 current US$ per US$ of GDP in 1988.
How does Panama rank for taxes less subsidies on products (current us$), per unit of gdp?: Panama ranks 179th out of 197 countries with data for 2025.
Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Panama?: Over the last ten years it is down 35.6%. The long-run trend across the full record is falling.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current US$), per unit of GDP in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 08 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-us-per-unit-of-gdp/panama/

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How this figure is calculated

Taxes less subsidies on products (current US$) divided by GDP (current US$), 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$) ÷ GDP (current US$)

Computed from

Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
GDP 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

Indicator: Taxes less subsidies on products (current US$), per unit of GDP
Unit: current US$ per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 198 places, 8,406 data points, 1960–2025
Last refreshed: 21 August 2026

Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.