Madagascar vs Panama: Paying taxes: Labor tax and contributions
Madagascar
20.3%
in 2019
Panama
20.0%
in 2019
Madagascar rank
57th
Panama rank
60th
Paying taxes: Labor tax and contributions over time
- Madagascar
- Panama
How they compare
Madagascar currently reports 20.3% against 20.0% in Panama, a difference of 0.3%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Panama ahead.
Madagascar ranks 57th and Panama ranks 60th of 190 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Madagascar | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 20.3% | 21.3% | 1.0% | Panama |
| 2010s | 20.3% | 20.3% | 0.0% | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: labor tax and contributions, Madagascar or Panama?
- Madagascar, at 20.3% against 20.0% in Panama as of 2019.
- What is the difference in paying taxes: labor tax and contributions between Madagascar and Panama?
- 0.3%, with Madagascar ahead.
- How many years of comparable data are there for Madagascar and Panama?
- 15 years are reported by both, from 2005 to 2019.
- How do Madagascar and Panama rank globally for paying taxes: labor tax and contributions?
- Madagascar ranks 57th and Panama ranks 60th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Labor tax and contributions (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The labor tax and contributions measures all government mandated labor contributions that are borne by the business in the second year of operation, expressed as a share of commercial pro?t.