{"entity":{"iso2":"PA","iso3":"PAN","name":"Panama","slug":"panama"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tax-revenue-percent-of-gdp","source":"Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)","source_url":"https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS","title":"Tax revenue (% of GDP)","unit":"% of GDP"},"observations":[{"date":"2014-01-01","value":9.95965},{"date":"2015-01-01","value":9.79802},{"date":"2016-01-01","value":10.0557},{"date":"2017-01-01","value":9.66574},{"date":"2018-01-01","value":9.59097},{"date":"2019-01-01","value":8.84967},{"date":"2020-01-01","value":8.26975},{"date":"2021-01-01","value":7.87305},{"date":"2022-01-01","value":8.59936},{"date":"2023-01-01","value":8.40806},{"date":"2024-01-01","value":7.1776}],"summary":{"latest_period":"2024-01-01","latest_value":7.1776,"max":10.0557,"mean":8.9316,"min":7.1776,"of":157,"rank":145,"trend":"falling"}}