Paying taxes (DB06-16 methodology) - Score in Panama

Panama: Paying taxes (DB06-16 methodology) - Score was 48.6 in 2015. ▲ Rising

Latest (2015)
48.6
Change on year
unchanged
World rank
163rd
of 183 countries
All-time high
48.7
in 2013
All-time low
37.85
in 2006
Years of data
11
2005–2015

Paying taxes (DB06-16 methodology) - Score in Panama, 2005–2015

010203040502005201020152005: 37.92006: 37.92007: 41.62008: 422009: 422010: 422011: 42.12012: 41.82013: 48.72014: 48.62015: 48.6

Source: World Bank.

Analysis

In 2015, paying taxes (db06-16 methodology) - score in Panama stood at 48.6.

The figure is up 28.1% over ten years.

Over the whole period, paying taxes (db06-16 methodology) - score in Panama peaked at 48.7 in 2013 and was at its lowest, 37.85, in 2006.

That places Panama 163rd out of 183 countries with data for 2015, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.29 37.85 42.03 5
2010s 45.32 41.82 48.7 6

Countries ranked near Panama

  1. 160 Nigeria 51.74 compare
  2. 161 Sao Tome and Principe 51.44 compare
  3. 162 Benin 49.26 compare
  4. 164 Gambia 47.96 compare
  5. 165 Comoros 47.37 compare
  6. 166 Argentina 44.99 compare

See the full ranking of 185 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is paying taxes (db06-16 methodology) - score in Panama?
Paying taxes (db06-16 methodology) - score in Panama was 48.6 in 2015, according to the World Bank.
What is the highest paying taxes (db06-16 methodology) - score recorded in Panama?
The highest recorded value was 48.7 in 2013.
What is the lowest paying taxes (db06-16 methodology) - score recorded in Panama?
The lowest recorded value was 37.85 in 2006.
How does Panama rank for paying taxes (db06-16 methodology) - score?
Panama ranks 163rd out of 183 countries with data for 2015.
Is paying taxes (db06-16 methodology) - score rising or falling in Panama?
Over the last ten years it is up 28.1%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Paying taxes (DB06-16 methodology) - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes (DB06-16 methodology) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
185 places, 2,006 data points, 2005–2015
Last refreshed

The score for paying taxes is the simple average of the scores for each of the component indicators, the payments, time and total tax and contribution rate for a company to comply with tax laws in an economy. The score is computed based on the methodology in the DB06-16 studies.