Canada vs Panama: Taxes on goods and services (current LCU), per unit of GDP
Canada
0.0378 current LCU per US$ of GDP
in 2024
Panama
0.0351 current LCU per US$ of GDP
in 2024
Canada rank
149th
Panama rank
150th
Taxes on goods and services (current LCU), per unit of GDP over time
- Canada
- Panama
How they compare
Canada currently reports 0.0378 current LCU per US$ of GDP against 0.0351 current LCU per US$ of GDP in Panama, a difference of 0.0027 current LCU per US$ of GDP.
That makes Canada'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.
Canada ranks 149th and Panama ranks 150th of 157 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Canada | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.0315 current LCU per US$ of GDP | 0.0458 current LCU per US$ of GDP | 0.0143 current LCU per US$ of GDP | Panama |
| 2020s | 0.0356 current LCU per US$ of GDP | 0.0379 current LCU per US$ of GDP | 0.0023 current LCU per US$ of GDP | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services (current lcu), per unit of gdp, Canada or Panama?
- Canada, at 0.0378 current LCU per US$ of GDP against 0.0351 current LCU per US$ of GDP in Panama as of 2024.
- What is the difference in taxes on goods and services (current lcu), per unit of gdp between Canada and Panama?
- 0.0027 current LCU per US$ of GDP, with Canada ahead.
- How many years of comparable data are there for Canada and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Canada and Panama rank globally for taxes on goods and services (current lcu), per unit of gdp?
- Canada ranks 149th and Panama ranks 150th of 157 countries.
- Where does this data come from?
- Statizoid (derived), published as Taxes on goods and services (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.