Finland vs Panama: Paying taxes: Profit tax
Finland
12.1%
in 2019
Panama
12.4%
in 2019
Finland rank
122nd
Panama rank
120th
Paying taxes: Profit tax over time
- Finland
- Panama
How they compare
Panama currently reports 12.4% against 12.1% in Finland, a difference of 0.3%.
The two have swapped places 1 time across 15 shared years of data; in 2005 it was Finland ahead.
Finland ranks 122nd and Panama ranks 120th of 190 countries.
Finland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Finland | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 17.5% | 12.5% | 5.0% | Finland |
| 2010s | 13.2% | 12.3% | 0.9% | Finland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher paying taxes: profit tax, Finland or Panama?
- Panama, at 12.4% against 12.1% in Finland as of 2019.
- What is the difference in paying taxes: profit tax between Finland and Panama?
- 0.3%, with Panama ahead.
- How many years of comparable data are there for Finland and Panama?
- 15 years are reported by both, from 2005 to 2019.
- How do Finland and Panama rank globally for paying taxes: profit tax?
- Finland ranks 122nd and Panama ranks 120th of 190 countries.
- Where does this data come from?
- The World Bank, published as Paying taxes: Profit tax (% of profits). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.