El Salvador vs Panama: Tax revenue
Tax revenue over time
- El Salvador
- Panama
How they compare
El Salvador currently reports 7.60 billion current LCU against 6.21 billion current LCU in Panama, a difference of 1.39 billion current LCU.
That makes El Salvador's figure about 1.2 times Panama's.
The two have swapped places 3 times across 11 shared years of data; in 2014 it was Panama ahead.
El Salvador ranks 131st and Panama ranks 133rd of 157 countries.
Across the 2 decades both report, El Salvador averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | El Salvador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.32 billion current LCU | 5.91 billion current LCU | 1.59 billion current LCU | Panama |
| 2020s | 6.33 billion current LCU | 5.97 billion current LCU | 359.85 million current LCU | El Salvador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, El Salvador or Panama?
- El Salvador, at 7.60 billion current LCU against 6.21 billion current LCU in Panama as of 2024.
- What is the difference in tax revenue between El Salvador and Panama?
- 1.39 billion current LCU, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do El Salvador and Panama rank globally for tax revenue?
- El Salvador ranks 131st and Panama ranks 133rd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.