Panama vs Solomon Islands: Customs and other import duties
Customs and other import duties over time
- Panama
- Solomon Islands
How they compare
Solomon Islands currently reports 324.03 million current LCU against 308.12 million current LCU in Panama, a difference of 15.91 million current LCU.
That makes Solomon Islands's figure about 1.1 times Panama's.
The two have swapped places 2 times across 10 shared years of data; in 2014 it was Solomon Islands ahead.
Panama ranks 106th and Solomon Islands ranks 105th of 152 countries.
Solomon Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 357.08 million current LCU | 525.67 million current LCU | 168.59 million current LCU | Solomon Islands |
| 2020s | 285.84 million current LCU | 474.91 million current LCU | 189.07 million current LCU | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Panama or Solomon Islands?
- Solomon Islands, at 324.03 million current LCU against 308.12 million current LCU in Panama as of 2024.
- What is the difference in customs and other import duties between Panama and Solomon Islands?
- 15.91 million current LCU, with Solomon Islands ahead.
- How many years of comparable data are there for Panama and Solomon Islands?
- 10 years are reported by both, from 2014 to 2024.
- How do Panama and Solomon Islands rank globally for customs and other import duties?
- Panama ranks 106th and Solomon Islands ranks 105th 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.