Paying taxes: Total tax and contribution rate (% of profit) - Score in Panama
Panama: Paying taxes: Total tax and contribution rate (% of profit) - Score was 84.3% in 2019. ▲ Rising
Paying taxes: Total tax and contribution rate (% of profit) - Score in Panama, 2005–2019
Source: World Bank.
Analysis
Panama recorded 84.3% for paying taxes: total tax and contribution rate (% of profit) - score in 2019.
That represents a change of up 13.0% over ten years.
Over the whole period, paying taxes: total tax and contribution rate (% of profit) - score in Panama peaked at 84.7% in 2013 and was at its lowest, 73.4%, in 2007.
Panama ranks 98th of 191 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Total tax and contribution rate (% of profit) - Score in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 74.5% | — |
| 2006 | 74.2% | -0.4% |
| 2007 | 73.4% | -1.1% |
| 2008 | 74.7% | +1.8% |
| 2009 | 74.6% | -0.1% |
| 2010 | 74.7% | +0.1% |
| 2011 | 75.0% | +0.4% |
| 2012 | 79.5% | +6.0% |
| 2013 | 84.7% | +6.5% |
| 2014 | 84.3% | -0.4% |
| 2015 | 84.3% | +0.0% |
| 2016 | 84.3% | +0.0% |
| 2017 | 84.3% | +0.0% |
| 2018 | 84.3% | +0.0% |
| 2019 | 84.3% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74.3% | 73.4% | 74.7% | 5 |
| 2010s | 82.0% | 74.7% | 84.7% | 10 |
Countries ranked near Panama
- 95 Sao Tome and Principe 84.6% compare
- 96 Saint Vincent and the Grenadines 84.6% compare
- 97 Papua New Guinea 84.5% compare
- 99 Kenya 84.3% compare
- 100 Cape Verde 84.0% compare
- 101 Viet Nam 83.7% compare
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: total tax and contribution rate (% of profit) - score in Panama?
- Paying taxes: total tax and contribution rate (% of profit) - score in Panama was 84.3% in 2019, according to the World Bank.
- What is the highest paying taxes: total tax and contribution rate (% of profit) - score recorded in Panama?
- The highest recorded value was 84.7% in 2013.
- What is the lowest paying taxes: total tax and contribution rate (% of profit) - score recorded in Panama?
- The lowest recorded value was 73.4% in 2007.
- How does Panama rank for paying taxes: total tax and contribution rate (% of profit) - score?
- Panama ranks 98th out of 191 countries with data for 2019.
- Is paying taxes: total tax and contribution rate (% of profit) - score rising or falling in Panama?
- Over the last ten years it is up 13.0%. 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: Total tax and contribution rate (% of profit) - 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
The score for total tax and contribution rate 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.