Paying taxes: Payments in Panama

Panama: Paying taxes: Payments was 36 number per year in 2019. ▼ Falling

Latest (2019)
36 number per year
Change on year
unchanged
World rank
38th
of 187 countries
All-time high
60 number per year
in 2012
All-time low
36 number per year
in 2018
Years of data
15
2005–2019

Paying taxes: Payments in Panama, 2005–2019

02040602005201220192005: 52 number per year2006: 52 number per year2007: 52 number per year2008: 52 number per year2009: 52 number per year2010: 52 number per year2011: 52 number per year2012: 60 number per year2013: 52 number per year2014: 52 number per year2015: 52 number per year2016: 52 number per year2017: 52 number per year2018: 36 number per year2019: 36 number per year

Source: World Bank. Measured in number per year.

Analysis

Panama recorded 36 number per year for paying taxes: payments in 2019. That is the lowest value across all 15 years on record.

The figure is down 30.8% over ten years.

Over the whole period, paying taxes: payments in Panama peaked at 60 number per year in 2012 and was at its lowest, 36 number per year, in 2018.

Panama ranks 38th of 187 countries on this measure, in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 52 number per year 52 number per year 52 number per year 5
2010s 49.6 number per year 36 number per year 60 number per year 10

Countries ranked near Panama

  1. 38 Ghana 36 number per year compare
  2. 38 Sri Lanka 36 number per year compare
  3. 38 Saint Vincent and the Grenadines 36 number per year compare

See the full ranking of 189 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is paying taxes: payments in Panama?
Paying taxes: payments in Panama was 36 number per year in 2019, according to the World Bank.
What is the highest paying taxes: payments recorded in Panama?
The highest recorded value was 60 number per year in 2012.
What is the lowest paying taxes: payments recorded in Panama?
The lowest recorded value was 36 number per year in 2018.
How does Panama rank for paying taxes: payments?
Panama ranks 38th out of 187 countries with data for 2019.
Is paying taxes: payments rising or falling in Panama?
Over the last ten years it is down 30.8%. 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 Paying taxes: Payments (number per year). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Paying taxes: Payments (number per year)
Unit
number per year
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
189 places, 2,778 data points, 2005–2019
Last refreshed

The tax payments capture the total number of taxes and contributions paid, the method of payment, the frequency of payment, and the frequency of ?ling. It includes taxes withheld by the company, such as sales tax, VAT and employee-borne labor taxes.