Panama vs Portugal: Taxes on income, profits and capital gains
Panama
43.7%
in 2024
Portugal
42.3%
in 2024
Panama rank
53rd
Portugal rank
56th
Taxes on income, profits and capital gains over time
- Panama
- Portugal
How they compare
Panama currently reports 43.7% against 42.3% in Portugal, a difference of 1.4%.
The two have swapped places 1 time across 11 shared years of data; in 2014 it was Portugal ahead.
Panama ranks 53rd and Portugal ranks 56th of 153 countries.
Panama has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Panama | Portugal | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 42.8% | 41.8% | 1.0% | Panama |
| 2020s | 45.2% | 42.0% | 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, Panama or Portugal?
- Panama, at 43.7% against 42.3% in Portugal as of 2024.
- What is the difference in taxes on income, profits and capital gains between Panama and Portugal?
- 1.4%, with Panama ahead.
- How many years of comparable data are there for Panama and Portugal?
- 11 years are reported by both, from 2014 to 2024.
- How do Panama and Portugal rank globally for taxes on income, profits and capital gains?
- Panama ranks 53rd and Portugal ranks 56th 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.
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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 total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.