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

Panama
0.0351 current LCU per US$ of GDP
in 2024
Switzerland
0.0445 current LCU per US$ of GDP
in 2024
Panama rank
150th
Switzerland rank
148th

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

  • Panama
  • Switzerland
0.040.060.080.10.12197219982024

How they compare

Switzerland currently reports 0.0445 current LCU per US$ of GDP against 0.0351 current LCU per US$ of GDP in Panama, a difference of 0.0094 current LCU per US$ of GDP.

That makes Switzerland's figure about 1.3 times Panama's.

Across all 11 years both countries report, Switzerland has been ahead every year.

Panama ranks 150th and Switzerland ranks 148th of 157 countries.

Switzerland has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Panama Switzerland Difference Ahead
2010s 0.0458 current LCU per US$ of GDP 0.0503 current LCU per US$ of GDP 0.0044 current LCU per US$ of GDP Switzerland
2020s 0.0379 current LCU per US$ of GDP 0.045 current LCU per US$ of GDP 0.0071 current LCU per US$ of GDP Switzerland

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 Switzerland?
Switzerland, at 0.0445 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 Switzerland?
0.0094 current LCU per US$ of GDP, with Switzerland ahead.
How many years of comparable data are there for Panama and Switzerland?
11 years are reported by both, from 2014 to 2024.
How do Panama and Switzerland rank globally for taxes on goods and services (current lcu), per unit of gdp?
Panama ranks 150th and Switzerland ranks 148th 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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Panama vs Switzerland: Taxes on goods and services (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://public-sector.statizoid.com/compare/taxes-on-goods-and-services-current-lcu-per-unit-of-gdp/panama/switzerland/

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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.