Denmark vs Panama: Taxes on international trade

Denmark
482.00 million current LCU
in 2024
Panama
308.12 million current LCU
in 2024
Denmark rank
109th
Panama rank
112th

Taxes on international trade over time

  • Denmark
  • Panama
0500.0M1.0B1.5B197219982024

How they compare

Denmark currently reports 482.00 million current LCU against 308.12 million current LCU in Panama, a difference of 173.88 million current LCU.

That makes Denmark's figure about 1.6 times Panama's.

The two have swapped places 1 time across 11 shared years of data; in 2014 it was Panama ahead.

Denmark ranks 109th and Panama ranks 112th of 155 countries.

Across the 2 decades both report, Denmark averaged higher in 1 and Panama in 1.

Head to head by decade

Decade Denmark Panama Difference Ahead
2010s 337.00 million current LCU 357.08 million current LCU 20.08 million current LCU Panama
2020s 432.40 million current LCU 286.03 million current LCU 146.37 million current LCU Denmark

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes on international trade, Denmark or Panama?
Denmark, at 482.00 million current LCU against 308.12 million current LCU in Panama as of 2024.
What is the difference in taxes on international trade between Denmark and Panama?
173.88 million current LCU, with Denmark ahead.
How many years of comparable data are there for Denmark and Panama?
11 years are reported by both, from 2014 to 2024.
How do Denmark and Panama rank globally for taxes on international trade?
Denmark ranks 109th and Panama ranks 112th of 155 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Denmark vs Panama: Taxes on international trade. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 24 August 2026, from https://public-sector.statizoid.com/compare/taxes-on-international-trade-current-lcu/denmark/panama/

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About this data

Indicator
Taxes on international trade (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,046 data points, 1972–2024
Last refreshed

Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.