Panama vs Singapore: Taxes on goods and services (current LCU), per unit of GDP
Panama
0.0351 current LCU per US$ of GDP
in 2024
Singapore
0.0508 current LCU per US$ of GDP
in 2024
Panama rank
150th
Singapore rank
147th
Taxes on goods and services (current LCU), per unit of GDP over time
- Panama
- Singapore
How they compare
Singapore currently reports 0.0508 current LCU per US$ of GDP against 0.0351 current LCU per US$ of GDP in Panama, a difference of 0.0157 current LCU per US$ of GDP.
That makes Singapore's figure about 1.4 times Panama's.
Across all 11 years both countries report, Singapore has been ahead every year.
Panama ranks 150th and Singapore ranks 147th of 157 countries.
Singapore has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 0.0458 current LCU per US$ of GDP | 0.0546 current LCU per US$ of GDP | 0.0087 current LCU per US$ of GDP | Singapore |
| 2020s | 0.0379 current LCU per US$ of GDP | 0.0484 current LCU per US$ of GDP | 0.0105 current LCU per US$ of GDP | Singapore |
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, Panama or Singapore?
- Singapore, at 0.0508 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 Panama and Singapore?
- 0.0157 current LCU per US$ of GDP, with Singapore ahead.
- How many years of comparable data are there for Panama and Singapore?
- 11 years are reported by both, from 2014 to 2024.
- How do Panama and Singapore rank globally for taxes on goods and services (current lcu), per unit of gdp?
- Panama ranks 150th and Singapore ranks 147th 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.