Paying taxes (DB17-20 methodology) - Score in Panama

Panama: Paying taxes (DB17-20 methodology) - Score was 46.68 in 2019. ▲ Rising

Latest (2019)
46.68
Change on year
unchanged
World rank
174th
of 188 countries
All-time high
46.68
in 2018
All-time low
39.66
in 2015
Years of data
5
2015–2019

Paying taxes (DB17-20 methodology) - Score in Panama, 2015–2019

010203040502015201720192015: 39.72016: 39.72017: 39.72018: 46.72019: 46.7

Source: World Bank.

Analysis

Panama recorded 46.68 for paying taxes (db17-20 methodology) - score in 2019. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 17.7% over five years.

That places Panama 174th out of 188 countries with data for 2019, putting it in the bottom quarter.

Countries ranked near Panama

  1. 171 Mali 48.92 compare
  2. 172 Togo 47.33 compare
  3. 173 Nepal 47.15 compare
  4. 175 Mauritania 42.63 compare
  5. 176 Afghanistan 42.16 compare
  6. 177 Equatorial Guinea 41.54 compare

See the full ranking of 190 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is paying taxes (db17-20 methodology) - score in Panama?
Paying taxes (db17-20 methodology) - score in Panama was 46.68 in 2019, according to the World Bank.
What is the highest paying taxes (db17-20 methodology) - score recorded in Panama?
The highest recorded value was 46.68 in 2018.
What is the lowest paying taxes (db17-20 methodology) - score recorded in Panama?
The lowest recorded value was 39.66 in 2015.
How does Panama rank for paying taxes (db17-20 methodology) - score?
Panama ranks 174th out of 188 countries with data for 2019.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Paying taxes (DB17-20 methodology) - Score. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes (DB17-20 methodology) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 950 data points, 2015–2019
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, as well as the postfiling procedures to request and process a VAT refund claim and to comply with and complete a corporate income tax correction. The score is computed based on the methodology in the DB17-20 studies.