Malta vs Panama: Taxes on goods and services
Taxes on goods and services over time
- Malta
- Panama
How they compare
Panama currently reports 3.04 billion current LCU against 2.18 billion current LCU in Malta, a difference of 858.10 million current LCU.
That makes Panama's figure about 1.4 times Malta's.
Across all 11 years both countries report, Panama has been ahead every year.
Malta ranks 135th and Panama ranks 134th of 157 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Malta | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.41 billion current LCU | 2.80 billion current LCU | 1.39 billion current LCU | Panama |
| 2020s | 1.82 billion current LCU | 2.79 billion current LCU | 964.88 million current LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Malta or Panama?
- Panama, at 3.04 billion current LCU against 2.18 billion current LCU in Malta as of 2024.
- What is the difference in taxes on goods and services between Malta and Panama?
- 858.10 million current LCU, with Panama ahead.
- How many years of comparable data are there for Malta and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Malta and Panama rank globally for taxes on goods and services?
- Malta ranks 135th and Panama ranks 134th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.