Panama vs South Africa: Taxes on international trade
Taxes on international trade over time
- Panama
- South Africa
How they compare
South Africa currently reports 3.6% against 3.3% in Panama, a difference of 0.3%.
That makes South Africa's figure about 1.1 times Panama's.
The two have swapped places 1 time across 11 shared years of data; in 2014 it was Panama ahead.
Panama ranks 86th and South Africa ranks 83rd of 154 countries.
Across the 2 decades both report, Panama averaged higher in 1 and South Africa in 1.
Head to head by decade
| Decade | Panama | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 4.5% | 3.4% | 1.1% | Panama |
| 2020s | 3.3% | 3.4% | 0.0% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on international trade, Panama or South Africa?
- South Africa, at 3.6% against 3.3% in Panama as of 2024.
- What is the difference in taxes on international trade between Panama and South Africa?
- 0.3%, with South Africa ahead.
- How many years of comparable data are there for Panama and South Africa?
- 11 years are reported by both, from 2014 to 2024.
- How do Panama and South Africa rank globally for taxes on international trade?
- Panama ranks 86th and South Africa ranks 83rd of 154 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on international trade (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.