Environmental taxes in Panama

Panama: Environmental taxes was 294.16 million in 2022. ◆ Volatile

Latest (2022)
294.16 million
Change on year
up 15.2%
World rank
104th
of 123 countries
All-time high
385.67 million
in 2016
All-time low
10.70 million
in 1996
Years of data
28
1995–2022

Environmental taxes in Panama, 1995–2022

0100.0M200.0M300.0M400.0M1995200820221995: 11.6M1996: 10.7M1997: 43.4M1998: 118.9M1999: 133.3M2000: 120.6M2001: 118.6M2002: 127.6M2003: 129.1M2004: 113.4M2005: 82.2M2006: 100.1M2007: 104.6M2008: 101.6M2009: 127.9M2010: 96.5M2011: 90.1M2012: 233.8M2013: 258.9M2014: 308.8M2015: 339.5M2016: 385.7M2017: 371.4M2018: 316.6M2019: 333.6M2020: 191.5M2021: 255.3M2022: 294.2M

Source: International Monetary Fund.

Analysis

In 2022, environmental taxes in Panama stood at 294.16 million.

Compared with earlier readings it is up 15.2% on the previous year and up 25.8% over ten years.

Over the whole period, environmental taxes in Panama peaked at 385.67 million in 2016 and was at its lowest, 10.70 million, in 1996.

That places Panama 104th out of 123 countries with data for 2022, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 63.57 million 10.70 million 133.28 million 5
2000s 112.57 million 82.21 million 129.08 million 10
2010s 273.50 million 90.14 million 385.67 million 10
2020s 246.98 million 191.53 million 294.16 million 3

Countries ranked near Panama

  1. 101 Cyprus 547.60 million compare
  2. 102 Ecuador 336.99 million compare
  3. 103 Solomon Islands 321.74 million compare
  4. 105 Malta 287.23 million compare
  5. 106 Trinidad and Tobago 256.71 million compare
  6. 107 El Salvador 152.30 million compare

See the full ranking of 123 places →

More public sector data for Panama

All data for Panama →

Frequently asked questions

What is environmental taxes in Panama?
Environmental taxes in Panama was 294.16 million in 2022, according to International Monetary Fund.
What is the highest environmental taxes recorded in Panama?
The highest recorded value was 385.67 million in 2016.
What is the lowest environmental taxes recorded in Panama?
The lowest recorded value was 10.70 million in 1996.
How does Panama rank for environmental taxes?
Panama ranks 104th out of 123 countries with data for 2022.
Is environmental taxes rising or falling in Panama?
Over the last ten years it is up 25.8%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from International Monetary Fund, published as part of Environmental taxes (Domestic Currency). Statizoid updates them automatically from the source API.

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Environmental taxes in Panama. Statizoid, drawing on International Monetary Fund. Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/environmental-taxes-domestic-currency/panama/

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About this data

Indicator
Environmental taxes (Domestic Currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
123 places, 2,423 data points, 1995–2022
Last refreshed

This dataset tracks government revenue from taxes imposed on activities that negatively impact the environment. These taxes are categorized into four types: energy taxes (including fuel for transport), transport taxes (excluding fuel for transport), pollution taxes, and resource taxes.