Kenya vs Panama: Taxes on income, profits and capital gains
Kenya
44.5%
in 2023
Panama
43.7%
in 2024
Kenya rank
50th
Panama rank
53rd
Taxes on income, profits and capital gains over time
- Kenya
- Panama
How they compare
Kenya currently reports 44.5% against 43.7% in Panama, a difference of 0.8%.
The two have swapped places 1 time across 9 shared years of data; in 2014 it was Kenya ahead.
Kenya ranks 50th and Panama ranks 53rd of 153 countries.
Across the 2 decades both report, Kenya averaged higher in 1 and Panama in 1.
Head to head by decade
| Decade | Kenya | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 48.3% | 42.7% | 5.7% | Kenya |
| 2020s | 44.4% | 45.6% | 1.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Kenya or Panama?
- Kenya, at 44.5% against 43.7% in Panama as of 2023.
- What is the difference in taxes on income, profits and capital gains between Kenya and Panama?
- 0.8%, with Kenya ahead.
- How many years of comparable data are there for Kenya and Panama?
- 9 years are reported by both, from 2014 to 2023.
- How do Kenya and Panama rank globally for taxes on income, profits and capital gains?
- Kenya ranks 50th and Panama ranks 53rd 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 total taxes). 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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.