Panama vs Serbia: Paying taxes: Labor tax and contributions

Panama
20.0%
in 2019
Serbia
20.2%
in 2019
Panama rank
60th
Serbia rank
58th

Paying taxes: Labor tax and contributions over time

  • Panama
  • Serbia
05101520200520122019

How they compare

Serbia currently reports 20.2% against 20.0% in Panama, a difference of 0.2%.

The two have swapped places 1 time across 15 shared years of data; in 2005 it was Panama ahead.

Panama ranks 60th and Serbia ranks 58th of 190 countries.

Panama has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Panama Serbia Difference Ahead
2000s 21.3% 20.2% 1.1% Panama
2010s 20.3% 20.2% 0.1% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher paying taxes: labor tax and contributions, Panama or Serbia?
Serbia, at 20.2% against 20.0% in Panama as of 2019.
What is the difference in paying taxes: labor tax and contributions between Panama and Serbia?
0.2%, with Serbia ahead.
How many years of comparable data are there for Panama and Serbia?
15 years are reported by both, from 2005 to 2019.
How do Panama and Serbia rank globally for paying taxes: labor tax and contributions?
Panama ranks 60th and Serbia ranks 58th 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.

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Panama vs Serbia: Paying taxes: Labor tax and contributions. Statizoid. Retrieved 12 September 2026, from https://reference.statizoid.com/compare/paying-taxes-labor-tax-and-contributions-percent-of-profits/panama/serbia/

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About this data

Indicator
Paying taxes: Labor tax and contributions (% of profits)
Unit
% of profits
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 2,789 data points, 2005–2019
Last refreshed

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.