Tax revenue (current LCU), annual growth rate in Panama
Panama: Tax revenue (current LCU), annual growth rate was -11.87 % change on previous year in 2024. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Panama, 2015–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded -11.87 % change on previous year for tax revenue (current lcu), annual growth rate in 2024.
The figure is down 266.0% on the previous year and down 277.7% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Panama peaked at 23.95 % change on previous year in 2022 and was at its lowest, -23.59 % change on previous year, in 2020.
That places Panama 148th out of 156 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tax revenue (current LCU), annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2015 | 6.68 % change on previous year | — |
| 2016 | 9.98 % change on previous year | +49.4% |
| 2017 | 3.47 % change on previous year | -65.3% |
| 2018 | 3.84 % change on previous year | +10.7% |
| 2019 | -4.35 % change on previous year | -213.5% |
| 2020 | -23.59 % change on previous year | +441.7% |
| 2021 | 12.45 % change on previous year | -152.8% |
| 2022 | 23.95 % change on previous year | +92.3% |
| 2023 | 7.15 % change on previous year | -70.1% |
| 2024 | -11.87 % change on previous year | -266.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.92 % change on previous year | -4.35 % change on previous year | 9.98 % change on previous year | 5 |
| 2020s | 1.62 % change on previous year | -23.59 % change on previous year | 23.95 % change on previous year | 5 |
Countries ranked near Panama
- 145 Colombia -6.3 % change on previous year compare
- 146 Gabon -6.75 % change on previous year compare
- 147 Palau -9.57 % change on previous year compare
- 149 Jamaica -12.72 % change on previous year compare
- 150 Bahrain -13.09 % change on previous year compare
- 151 Trinidad and Tobago -17.33 % change on previous year compare
More public sector data for Panama
- Arms imports 2.00 million SIPRI trend indicator values (1989)
- Arms imports (SIPRI trend indicator values), per capita 0.832 SIPRI trend indicator values per person (1989)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (1989)
- Arms imports (SIPRI trend indicator values), annual growth rate -91.3 % change on previous year (1989)
- Arms imports (SIPRI trend indicator values), gaps filled 2.00 million SIPRI trend indicator values (1989)
- Military expenditure (current USD), per capita 0 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -100 % change on previous year (2000)
- Military expenditure (current USD), gaps filled 0 current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 26.9 SIPRI trend indicator values per square kilometre (1989)
Frequently asked questions
- What is tax revenue (current lcu), annual growth rate in Panama?
- Tax revenue (current lcu), annual growth rate in Panama was -11.87 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Panama?
- The highest recorded value was 23.95 % change on previous year in 2022.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Panama?
- The lowest recorded value was -23.59 % change on previous year in 2020.
- How does Panama rank for tax revenue (current lcu), annual growth rate?
- Panama ranks 148th out of 156 countries with data for 2024.
- Is tax revenue (current lcu), annual growth rate rising or falling in Panama?
- Over the last ten years it is down 277.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 10 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.