Panama vs Tanzania: Taxes on income, profits and capital gains
Panama
29.1%
in 2024
Tanzania
29.0%
in 2024
Panama rank
51st
Tanzania rank
54th
Taxes on income, profits and capital gains over time
- Panama
- Tanzania
How they compare
Panama currently reports 29.1% against 29.0% in Tanzania, a difference of 0.1%.
The two have swapped places 1 time across 11 shared years of data; in 2014 it was Tanzania ahead.
Panama ranks 51st and Tanzania ranks 54th of 153 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 31.8% | 28.6% | 3.2% | Panama |
| 2020s | 31.5% | 29.4% | 2.1% | 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 Tanzania?
- Panama, at 29.1% against 29.0% in Tanzania as of 2024.
- What is the difference in taxes on income, profits and capital gains between Panama and Tanzania?
- 0.1%, with Panama ahead.
- How many years of comparable data are there for Panama and Tanzania?
- 11 years are reported by both, from 2014 to 2024.
- How do Panama and Tanzania rank globally for taxes on income, profits and capital gains?
- Panama ranks 51st and Tanzania ranks 54th 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.
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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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.