Ghana vs Panama: Taxes on goods and services
Ghana
32.6%
in 2023
Panama
32.6%
in 2024
Ghana rank
69th
Panama rank
68th
Taxes on goods and services over time
- Ghana
- Panama
How they compare
Panama currently reports 32.6% against 32.6% in Ghana, a difference of 0.0%.
The two have swapped places 5 times across 10 shared years of data; in 2014 it was Panama ahead.
Ghana ranks 69th and Panama ranks 68th of 156 countries.
Across the 2 decades both report, Ghana averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Ghana | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 32.8% | 35.3% | 2.5% | Panama |
| 2020s | 33.1% | 32.8% | 0.4% | Ghana |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Ghana or Panama?
- Panama, at 32.6% against 32.6% in Ghana as of 2024.
- What is the difference in taxes on goods and services between Ghana and Panama?
- 0.0%, with Panama ahead.
- How many years of comparable data are there for Ghana and Panama?
- 10 years are reported by both, from 2014 to 2023.
- How do Ghana and Panama rank globally for taxes on goods and services?
- Ghana ranks 69th and Panama ranks 68th of 156 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.