Other taxes in Panama

Panama: Other taxes was 4.8% in 2019. β–Ό Falling

Latest (2019)
4.8%
Change on year
unchanged
World rank
50th
of 189 countries
All-time high
10.8%
in 2005
All-time low
4.8%
in 2013
Years of data
15
2005–2019

Other taxes in Panama, 2005–2019

02.557.5102005201220192005: 10.8 % of profits2006: 10.8 % of profits2007: 10.8 % of profits2008: 9.5 % of profits2009: 9.5 % of profits2010: 9.5 % of profits2011: 9.4 % of profits2012: 9.4 % of profits2013: 4.8 % of profits2014: 4.8 % of profits2015: 4.8 % of profits2016: 4.8 % of profits2017: 4.8 % of profits2018: 4.8 % of profits2019: 4.8 % of profits

Source: World Bank. Measured in % of profits.

Analysis

In 2019, other taxes in Panama stood at 4.8%. That is the lowest value across all 15 years on record.

Compared with earlier readings it is down 49.5% over ten years.

Over the whole period, other taxes in Panama peaked at 10.8% in 2005 and was at its lowest, 4.8%, in 2013.

Panama ranks 50th of 189 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.3% 9.5% 10.8% 5
2010s 6.2% 4.8% 9.5% 10

Countries ranked near Panama

  1. 48 Kenya 5.2% compare
  2. 49 Senegal 5.0% compare
  3. 50 Liberia 4.8% compare
  4. 52 Egypt, Arab Republic of 4.4% compare
  5. 52 Papua New Guinea 4.4% compare

See the full ranking of 189 places β†’

More reference data data for Panama

All data for Panama β†’

Frequently asked questions

What is other taxes in Panama?
Other taxes in Panama was 4.8% in 2019, according to the World Bank.
What is the highest other taxes recorded in Panama?
The highest recorded value was 10.8% in 2005.
What is the lowest other taxes recorded in Panama?
The lowest recorded value was 4.8% in 2013.
How does Panama rank for other taxes?
Panama ranks 50th out of 189 countries with data for 2019.
Is other taxes rising or falling in Panama?
Over the last ten years it is down 49.5%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Other taxes (% of profits). Statizoid updates them automatically from the source API.

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Other taxes in Panama. Statizoid. Retrieved 18 August 2026, from https://reference.statizoid.com/stat/other-taxes-percent-of-profits/panama/

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About this data

Indicator
Other taxes (% of profits)
Unit
% of profits
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
189 places, 2,778 data points, 2005–2019
Last refreshed

The other taxes measures all other taxes and fees that are borne by the business in the second year of operation, expressed as a share of commercial pro?t. This includes property taxes, turnover taxes and other taxes (such as municipal fees and vehicle taxes).