Latvia vs Panama: Taxes on goods and services (current LCU), annual growth rate
Latvia
4.97 % change on previous year
in 2024
Panama
5.54 % change on previous year
in 2024
Latvia rank
111th
Panama rank
108th
Taxes on goods and services (current LCU), annual growth rate over time
- Latvia
- Panama
How they compare
Panama currently reports 5.54 % change on previous year against 4.97 % change on previous year in Latvia, a difference of 0.57 % change on previous year.
That makes Panama's figure about 1.1 times Latvia's.
The two have swapped places 4 times across 10 shared years of data; in 2015 it was Panama ahead.
Latvia ranks 111th and Panama ranks 108th of 156 countries.
Latvia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Latvia | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 6.74 % change on previous year | 4.26 % change on previous year | 2.48 % change on previous year | Latvia |
| 2020s | 6.32 % change on previous year | 1.02 % change on previous year | 5.3 % change on previous year | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services (current lcu), annual growth rate, Latvia or Panama?
- Panama, at 5.54 % change on previous year against 4.97 % change on previous year in Latvia as of 2024.
- What is the difference in taxes on goods and services (current lcu), annual growth rate between Latvia and Panama?
- 0.57 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Latvia and Panama?
- 10 years are reported by both, from 2015 to 2024.
- How do Latvia and Panama rank globally for taxes on goods and services (current lcu), annual growth rate?
- Latvia ranks 111th and Panama ranks 108th of 156 countries.
- Where does this data come from?
- Statizoid (derived), published as Taxes on goods and services (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.