Panama vs Peru: Taxes on income, profits and capital gains
Panama
29.1%
in 2024
Peru
29.5%
in 2021
Panama rank
51st
Peru rank
48th
Taxes on income, profits and capital gains over time
- Panama
- Peru
How they compare
Peru currently reports 29.5% against 29.1% in Panama, a difference of 0.4%.
The two have swapped places 2 times across 8 shared years of data; in 2014 it was Peru ahead.
Panama ranks 51st and Peru ranks 48th of 153 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Peru | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 31.8% | 29.9% | 1.8% | Panama |
| 2020s | 29.7% | 29.3% | 0.5% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Panama or Peru?
- Peru, at 29.5% against 29.1% in Panama as of 2021.
- What is the difference in taxes on income, profits and capital gains between Panama and Peru?
- 0.4%, with Peru ahead.
- How many years of comparable data are there for Panama and Peru?
- 8 years are reported by both, from 2014 to 2021.
- How do Panama and Peru rank globally for taxes on income, profits and capital gains?
- Panama ranks 51st and Peru ranks 48th 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.