Proportion of domestic budget funded by domestic taxes in Panama
Panama: Proportion of domestic budget funded by domestic taxes was 41.7% in 2021. ▼ Falling
Latest (2021)
41.7%
Change on year
up 2.9%
World rank
157th
of 182 countries
All-time high
62.1%
in 2016
All-time low
40.6%
in 2020
Years of data
8
2014–2021
Proportion of domestic budget funded by domestic taxes in Panama, 2014–2021
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Panama recorded 41.7% for proportion of domestic budget funded by domestic taxes in 2021.
The figure is up 2.9% on the previous year and down 29.4% over ten years.
That places Panama 157th out of 182 countries with data for 2021, putting it in the bottom quarter.
Proportion of domestic budget funded by domestic taxes in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 59.1% | — |
| 2015 | 57.6% | -2.5% |
| 2016 | 62.1% | +7.8% |
| 2017 | 59.0% | -5.1% |
| 2018 | 60.0% | +1.7% |
| 2019 | 49.3% | -17.8% |
| 2020 | 40.6% | -17.7% |
| 2021 | 41.7% | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 57.8% | 49.3% | 62.1% | 6 |
| 2020s | 41.2% | 40.6% | 41.7% | 2 |
Countries ranked near Panama
- 154 San Marino 42.8% compare
- 155 Ecuador 42.3% compare
- 156 Romania 41.8% compare
- 158 Sri Lanka 41.4% compare
- 159 Egypt 38.2%
- 160 Timor-Leste 38.0% compare
- 160 Timor-Leste 38.0% compare
More infrastructure data for Panama
- Mobile cellular subscriptions 6.98 million (2023)
- Mobile cellular subscriptions 156.59 per 100 people (2023)
- Fixed telephone subscriptions 774,060 (2023)
- Fixed telephone subscriptions 17.36 per 100 people (2023)
- Fixed telephone subscriptions, per capita 0.1736 units per person (2023)
- Fixed telephone subscriptions, per unit of GDP 0 units per US$ of GDP (2023)
- Fixed telephone subscriptions, annual growth rate -8.18 % change on previous year (2023)
- Fixed telephone subscriptions, gaps filled 774,060 (2023)
- Mobile cellular subscriptions, per capita 1.57 units per person (2023)
- Mobile cellular subscriptions, per unit of GDP 0.0001 units per US$ of GDP (2023)
Frequently asked questions
- What is proportion of domestic budget funded by domestic taxes in Panama?
- Proportion of domestic budget funded by domestic taxes in Panama was 41.7% in 2021, according to United Nations Statistics Division, SDG Global Database.
- What is the highest proportion of domestic budget funded by domestic taxes recorded in Panama?
- The highest recorded value was 62.1% in 2016.
- What is the lowest proportion of domestic budget funded by domestic taxes recorded in Panama?
- The lowest recorded value was 40.6% in 2020.
- How does Panama rank for proportion of domestic budget funded by domestic taxes?
- Panama ranks 157th out of 182 countries with data for 2021.
- Is proportion of domestic budget funded by domestic taxes rising or falling in Panama?
- Over the last ten years it is down 29.4%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of domestic budget funded by domestic taxes (%). Statizoid updates them automatically from the source API.
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