Environmental taxes (Domestic Currency) in Panama
Panama: Environmental taxes (Domestic Currency) was 294.16 million in 2022. ◆ Volatile
Environmental taxes in Panama, 1995–2022
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.
Environmental taxes (Domestic Currency) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 11.59 million | — |
| 1996 | 10.70 million | -7.7% |
| 1997 | 43.38 million | +305.5% |
| 1998 | 118.90 million | +174.1% |
| 1999 | 133.28 million | +12.1% |
| 2000 | 120.55 million | -9.5% |
| 2001 | 118.58 million | -1.6% |
| 2002 | 127.63 million | +7.6% |
| 2003 | 129.08 million | +1.1% |
| 2004 | 113.40 million | -12.1% |
| 2005 | 82.21 million | -27.5% |
| 2006 | 100.07 million | +21.7% |
| 2007 | 104.64 million | +4.6% |
| 2008 | 101.61 million | -2.9% |
| 2009 | 127.91 million | +25.9% |
| 2010 | 96.52 million | -24.5% |
| 2011 | 90.14 million | -6.6% |
| 2012 | 233.78 million | +159.4% |
| 2013 | 258.94 million | +10.8% |
| 2014 | 308.83 million | +19.3% |
| 2015 | 339.54 million | +9.9% |
| 2016 | 385.67 million | +13.6% |
| 2017 | 371.38 million | -3.7% |
| 2018 | 316.56 million | -14.8% |
| 2019 | 333.63 million | +5.4% |
| 2020 | 191.53 million | -42.6% |
| 2021 | 255.25 million | +33.3% |
| 2022 | 294.16 million | +15.2% |
Panama compared with similar countries
- Panama's 294.16 million is below the median for high income countries, which is 9.31 billion, 3% of the median. (50 countries reporting)
- Panama's 294.16 million is below the median for Latin America & Caribbean, which is 6.54 billion, 5% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Environmental taxes (Domestic Currency) in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1997 | +305.5% | 10.70 million | 43.38 million |
| 1998 | +174.1% | 43.38 million | 118.90 million |
| 2012 | +159.4% | 90.14 million | 233.78 million |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 101 Cyprus 547.60 million compare
- 102 Ecuador 336.99 million compare
- 103 Solomon Islands 321.74 million compare
- 105 Malta 287.23 million compare
- 106 Trinidad and Tobago 256.71 million compare
- 107 El Salvador 152.30 million compare
More public sector data for Panama
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
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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About this data
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.