Micronesia, Federated States of vs Panama: Taxes on goods and services (current LCU), per unit of GDP

Micronesia, Federated States of
0.0126 current LCU per US$ of GDP
in 2020
Panama
0.0351 current LCU per US$ of GDP
in 2024
Micronesia, Federated States of rank
153rd
Panama rank
150th

Taxes on goods and services (current LCU), per unit of GDP over time

  • Micronesia, Federated States of
  • Panama
0.010.020.030.040.05200820162024

How they compare

Panama currently reports 0.0351 current LCU per US$ of GDP against 0.0126 current LCU per US$ of GDP in Micronesia, Federated States of, a difference of 0.0225 current LCU per US$ of GDP.

That makes Panama's figure about 2.8 times Micronesia, Federated States of's.

Across all 7 years both countries report, Panama has been ahead every year.

Micronesia, Federated States of ranks 153rd 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 Micronesia, Federated States of Panama Difference Ahead
2010s 0.0138 current LCU per US$ of GDP 0.0458 current LCU per US$ of GDP 0.0321 current LCU per US$ of GDP Panama
2020s 0.0126 current LCU per US$ of GDP 0.0409 current LCU per US$ of GDP 0.0284 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, Micronesia, Federated States of or Panama?
Panama, at 0.0351 current LCU per US$ of GDP against 0.0126 current LCU per US$ of GDP in Micronesia, Federated States of as of 2024.
What is the difference in taxes on goods and services (current lcu), per unit of gdp between Micronesia, Federated States of and Panama?
0.0225 current LCU per US$ of GDP, with Panama ahead.
How many years of comparable data are there for Micronesia, Federated States of and Panama?
7 years are reported by both, from 2014 to 2020.
How do Micronesia, Federated States of and Panama rank globally for taxes on goods and services (current lcu), per unit of gdp?
Micronesia, Federated States of ranks 153rd 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.

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Micronesia, Federated States of vs Panama: Taxes on goods and services (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 07 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-current-lcu-per-unit-of-gdp/micronesia-fed-sts/panama/

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About this data

Indicator
Taxes on goods and services (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
157 places, 4,619 data points, 1972–2024
Last refreshed

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.