Lithuania vs Panama: Taxes on income, profits and capital gains
Lithuania
29.0%
in 2024
Panama
29.1%
in 2024
Lithuania rank
53rd
Panama rank
51st
Taxes on income, profits and capital gains over time
- Lithuania
- Panama
How they compare
Panama currently reports 29.1% against 29.0% in Lithuania, a difference of 0.1%.
Across all 11 years both countries report, Panama has been ahead every year.
Lithuania ranks 53rd and Panama ranks 51st of 153 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Lithuania | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 18.1% | 31.8% | 13.7% | Panama |
| 2020s | 28.2% | 31.5% | 3.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Lithuania or Panama?
- Panama, at 29.1% against 29.0% in Lithuania as of 2024.
- What is the difference in taxes on income, profits and capital gains between Lithuania and Panama?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for Lithuania and Panama?
- 11 years are reported by both, from 2014 to 2024.
- How do Lithuania and Panama rank globally for taxes on income, profits and capital gains?
- Lithuania ranks 53rd and Panama ranks 51st 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 (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.