Paying taxes: Payments in Panama
Panama: Paying taxes: Payments was 36 number per year in 2019. ▼ Falling
Paying taxes: Payments in Panama, 2005–2019
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 190 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Paying taxes: Payments in Panama, year by year
| Year | number per year | Change |
|---|---|---|
| 2005 | 52 number per year | — |
| 2006 | 52 number per year | +0.0% |
| 2007 | 52 number per year | +0.0% |
| 2008 | 52 number per year | +0.0% |
| 2009 | 52 number per year | +0.0% |
| 2010 | 52 number per year | +0.0% |
| 2011 | 52 number per year | +0.0% |
| 2012 | 60 number per year | +15.4% |
| 2013 | 52 number per year | -13.3% |
| 2014 | 52 number per year | +0.0% |
| 2015 | 52 number per year | +0.0% |
| 2016 | 52 number per year | +0.0% |
| 2017 | 52 number per year | +0.0% |
| 2018 | 36 number per year | -30.8% |
| 2019 | 36 number per year | +0.0% |
Panama compared with similar countries
- Panama's 36 number per year is above the median for high income countries, which is 10 number per year, 3.6× the median. (62 countries reporting)
- Panama's 36 number per year is above the median for Latin America & Caribbean, which is 28 number per year, 1.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
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 190 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
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.