Bahamas vs Panama: Customs and other import duties
Customs and other import duties over time
- Bahamas
- Panama
How they compare
Panama currently reports 308.12 million current LCU against 258.45 million current LCU in Bahamas, a difference of 49.66 million current LCU.
That makes Panama's figure about 1.2 times Bahamas's.
The two have swapped places 2 times across 11 shared years of data; in 2014 it was Panama ahead.
Bahamas ranks 107th and Panama ranks 106th of 152 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Bahamas | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 291.58 million current LCU | 357.08 million current LCU | 65.50 million current LCU | Panama |
| 2020s | 235.06 million current LCU | 286.03 million current LCU | 50.97 million current LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Bahamas or Panama?
- Panama, at 308.12 million current LCU against 258.45 million current LCU in Bahamas as of 2024.
- What is the difference in customs and other import duties between Bahamas and Panama?
- 49.66 million current LCU, with Panama ahead.
- How many years of comparable data are there for Bahamas and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Bahamas and Panama rank globally for customs and other import duties?
- Bahamas ranks 107th and Panama ranks 106th of 152 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Customs and other import duties (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.