Guatemala vs Panama: Customs and other import duties
Customs and other import duties over time
- Guatemala
- Panama
How they compare
Panama currently reports 5.0% against 4.5% in Guatemala, a difference of 0.5%.
That makes Panama's figure about 1.1 times Guatemala's.
The two have swapped places 2 times across 11 shared years of data; in 2014 it was Panama ahead.
Guatemala ranks 84th and Panama ranks 83rd of 151 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guatemala | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.3% | 6.1% | 1.8% | Panama |
| 2020s | 4.4% | 4.8% | 0.4% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher customs and other import duties, Guatemala or Panama?
- Panama, at 5.0% against 4.5% in Guatemala as of 2024.
- What is the difference in customs and other import duties between Guatemala and Panama?
- 0.5%, with Panama ahead.
- How many years of comparable data are there for Guatemala and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Guatemala and Panama rank globally for customs and other import duties?
- Guatemala ranks 84th and Panama ranks 83rd 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.