Dominican Republic vs Panama: Customs and other import duties (% of tax revenue)
Customs and other import duties (% of tax revenue) over time
- Dominican Republic
- Panama
How they compare
Dominican Republic currently reports 5.5% against 5.0% in Panama, a difference of 0.5%.
That makes Dominican Republic's figure about 1.1 times Panama's.
The two have swapped places 1 time across 11 shared years of data; in 2014 it was Panama ahead.
Dominican Republic ranks 79th and Panama ranks 82nd of 151 countries.
Across the 2 decades both report, Dominican Republic averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Dominican Republic | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.7% | 6.1% | 0.4% | Panama |
| 2020s | 5.5% | 4.8% | 0.7% | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Dominican Republic or Panama?
- Dominican Republic, at 5.5% against 5.0% in Panama as of 2024.
- What is the difference in customs and other import duties between Dominican Republic and Panama?
- 0.5%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Dominican Republic and Panama rank globally for customs and other import duties?
- Dominican Republic ranks 79th and Panama ranks 82nd of 151 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 (% of tax revenue). 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 as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.