What is paying taxes: time (hours per year) - score in Panama?

Paying taxes: time (hours per year) - score in Panama was 44.51 in 2019, according to the World Bank.

What is the highest paying taxes: time (hours per year) - score recorded in Panama?

The highest recorded value was 44.51 in 2018.

What is the lowest paying taxes: time (hours per year) - score recorded in Panama?

The lowest recorded value was 21.02 in 2005.

How does Panama rank for paying taxes: time (hours per year) - score?

Panama ranks 171st out of 188 countries with data for 2019.

Is paying taxes: time (hours per year) - score rising or falling in Panama?

Over the last ten years it is up 34.6%. 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: Time (hours per year) - Score. Statizoid updates them automatically from the source API.

Paying taxes: Time (hours per year) - Score in Panama

Name: Paying taxes: Time (hours per year) - Score in Panama
Creator: World Bank
License: CC BY 4.0 (World Bank Open Data)

Panama: Paying taxes: Time (hours per year) - Score was 44.51 in 2019. ▲ Rising

Latest (2019)

44.51

Change on year

unchanged

World rank

171st

of 188 countries

All-time high

44.51

in 2018

All-time low

21.02

in 2005

Years of data

2005–2019

Paying taxes: Time (hours per year) - Score in Panama, 2005–2019

Source: World Bank.

Analysis

The most recent figure for paying taxes: time (hours per year) - score in Panama is 44.51, measured in 2019. That is the highest value across all 15 years on record.

Compared with earlier readings it is up 34.6% over ten years.

Over the whole period, paying taxes: time (hours per year) - score in Panama peaked at 44.51 in 2018 and was at its lowest, 21.02, in 2005.

Panama ranks 171st of 188 countries on this measure, in the bottom quarter.

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

Averages by decade

Decade	Average	Lowest	Highest	Years
2000s	28.25	21.02	33.08	5
2010s	41.17	33.08	44.51	10

Countries ranked near Panama

168 Vietnam 48.22 compare
169 Maldives 47.22 compare
170 Guinea 45.75 compare
172 Bosnia and Herzegovina 44.05 compare
173 Senegal 43.28 compare
174 Sao Tome and Principe 42.04 compare

See the full ranking of 190 places →

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)

All data for Panama →

Frequently asked questions

What is paying taxes: time (hours per year) - score in Panama?: Paying taxes: time (hours per year) - score in Panama was 44.51 in 2019, according to the World Bank.
What is the highest paying taxes: time (hours per year) - score recorded in Panama?: The highest recorded value was 44.51 in 2018.
What is the lowest paying taxes: time (hours per year) - score recorded in Panama?: The lowest recorded value was 21.02 in 2005.
How does Panama rank for paying taxes: time (hours per year) - score?: Panama ranks 171st out of 188 countries with data for 2019.
Is paying taxes: time (hours per year) - score rising or falling in Panama?: Over the last ten years it is up 34.6%. 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: Time (hours per year) - Score. 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: Time (hours per year) - Score
Source: World Bank
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 190 places, 2,783 data points, 2005–2019
Last refreshed: 10 August 2026

The score for time to comply with tax laws benchmarks economies with respect to the regulatory best practice on the indicator. The score is indicated on a scale from 0 to 100, where 0 represents the worst regulatory performance and 100 the best regulatory performance.