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
177th
of 191 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 177th out of 191 countries with data for 2019, putting it in the bottom quarter.

Paying taxes (DB17-20 methodology) - Score in Panama, year by year

Annual values for Paying taxes (DB17-20 methodology) - Score in Panama, 2015 to 2019.
Year Value Change
2015 39.66
2016 39.66 +0.0%
2017 39.66 +0.0%
2018 46.68 +17.7%
2019 46.68 +0.0%

Panama compared with similar countries

  • Panama's 46.68 is below the median for high income countries, which is 83.6, 56% of the median. (62 countries reporting)
  • Panama's 46.68 is below the median for Latin America & Caribbean, which is 64.41, 72% of the median. (33 countries reporting)

Countries ranked near Panama

  1. 174 Mali 48.92 compare
  2. 175 Togo 47.33 compare
  3. 176 Nepal 47.15 compare
  4. 178 Mauritania 42.63 compare
  5. 179 Afghanistan 42.16 compare
  6. 180 Equatorial Guinea 41.54 compare

See the full ranking of 191 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 177th out of 191 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.

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Paying taxes (DB17-20 methodology) - Score in Panama. Statizoid. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/paying-taxes-db17-20-methodology-score/panama/

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About this data

Indicator
Paying taxes (DB17-20 methodology) - Score
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
191 places, 955 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.