Taxes on goods and services (current LCU), gaps filled in Panama

Panama: Taxes on goods and services (current LCU), gaps filled was 3.04 billion current LCU in 2024. ▲ Rising

Latest (2024)
3.04 billion current LCU
Change on year
up 5.5%
World rank
134th
of 157 countries
All-time high
3.04 billion current LCU
in 2019
All-time low
2.34 billion current LCU
in 2020
Years of data
11
2014–2024

Taxes on goods and services (current LCU), gaps filled in Panama, 2014–2024

01.0B2.0B3.0B2014201920242014: 2.5B current LCU2015: 2.6B current LCU2016: 2.8B current LCU2017: 2.9B current LCU2018: 2.9B current LCU2019: 3.0B current LCU2020: 2.3B current LCU2021: 2.7B current LCU2022: 3.0B current LCU2023: 2.9B current LCU2024: 3.0B current LCU

Source: Statizoid (derived). Measured in current LCU.

Analysis

The most recent figure for taxes on goods and services (current lcu), gaps filled in Panama is 3.04 billion current LCU, measured in 2024.

The figure is up 5.5% on the previous year and up 22.8% over ten years.

Over the whole period, taxes on goods and services (current lcu), gaps filled in Panama peaked at 3.04 billion current LCU in 2019 and was at its lowest, 2.34 billion current LCU, in 2020.

Panama ranks 134th of 157 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Taxes on goods and services (current LCU), gaps filled in Panama, year by year

Annual values for Taxes on goods and services (current LCU), gaps filled in Panama, 2014 to 2024.
Year current LCU Change
2014 2.47 billion current LCU
2015 2.62 billion current LCU +6.1%
2016 2.83 billion current LCU +7.8%
2017 2.93 billion current LCU +3.4%
2018 2.93 billion current LCU +0.1%
2019 3.04 billion current LCU +3.9%
2020 2.34 billion current LCU -23.2%
2021 2.65 billion current LCU +13.5%
2022 3.03 billion current LCU +14.4%
2023 2.88 billion current LCU -5.2%
2024 3.04 billion current LCU +5.5%

Averages by decade

DecadeAverage LowestHighest Years
2010s 2.80 billion current LCU 2.47 billion current LCU 3.04 billion current LCU 6
2020s 2.79 billion current LCU 2.34 billion current LCU 3.04 billion current LCU 5

Countries ranked near Panama

  1. 131 Jordan 4.08 billion current LCU compare
  2. 132 El Salvador 3.98 billion current LCU compare
  3. 133 Benin 3.77 billion current LCU
  4. 135 Malta 2.18 billion current LCU compare
  5. 136 Bahamas 1.80 billion current LCU compare
  6. 137 Fiji 1.69 billion current LCU compare

See the full ranking of 157 places →

More public sector data for Panama

All data for Panama →

Frequently asked questions

What is taxes on goods and services (current lcu), gaps filled in Panama?
Taxes on goods and services (current lcu), gaps filled in Panama was 3.04 billion current LCU in 2024, according to Statizoid (derived).
What is the highest taxes on goods and services (current lcu), gaps filled recorded in Panama?
The highest recorded value was 3.04 billion current LCU in 2019.
What is the lowest taxes on goods and services (current lcu), gaps filled recorded in Panama?
The lowest recorded value was 2.34 billion current LCU in 2020.
How does Panama rank for taxes on goods and services (current lcu), gaps filled?
Panama ranks 134th out of 157 countries with data for 2024.
Is taxes on goods and services (current lcu), gaps filled rising or falling in Panama?
Over the last ten years it is up 22.8%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), gaps filled. Statizoid updates them automatically from the source API.

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Taxes on goods and services (current LCU), gaps filled in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 24 August 2026, from https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-current-lcu-gaps-filled/panama/

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<a href="https://public-sector.statizoid.com/stat/taxes-on-goods-and-services-current-lcu-gaps-filled/panama/">Taxes on goods and services (current LCU), gaps filled in Panama</a> — Statizoid

How this figure is calculated

Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

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

Indicator
Taxes on goods and services (current LCU), gaps filled
Unit
current LCU
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
157 places, 4,685 data points, 1972–2024
Last refreshed

Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.