El Salvador vs Panama: Taxes on income, profits and capital gains
Taxes on income, profits and capital gains over time
- El Salvador
- Panama
How they compare
El Salvador currently reports 3.06 billion current LCU against 2.71 billion current LCU in Panama, a difference of 341.59 million current LCU.
That makes El Salvador's figure about 1.1 times Panama's.
The two have swapped places 1 time across 11 shared years of data; in 2014 it was Panama ahead.
El Salvador ranks 123rd and Panama ranks 126th of 153 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | El Salvador | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.63 billion current LCU | 2.54 billion current LCU | 906.45 million current LCU | Panama |
| 2020s | 2.54 billion current LCU | 2.73 billion current LCU | 190.45 million current LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, El Salvador or Panama?
- El Salvador, at 3.06 billion current LCU against 2.71 billion current LCU in Panama as of 2024.
- What is the difference in taxes on income, profits and capital gains between El Salvador and Panama?
- 341.59 million current LCU, with El Salvador ahead.
- How many years of comparable data are there for El Salvador and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do El Salvador and Panama rank globally for taxes on income, profits and capital gains?
- El Salvador ranks 123rd and Panama ranks 126th of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.