Taxes on goods and services (current LCU), per capita in Panama

Panama: Taxes on goods and services (current LCU), per capita was 672.35 current LCU per person in 2024. ▬ Flat

Latest (2024)
672.35 current LCU per person
Change on year
up 4.2%
World rank
144th
of 157 countries
All-time high
718.29 current LCU per person
in 2019
All-time low
543.9 current LCU per person
in 2020
Years of data
11
2014–2024

Taxes on goods and services (current LCU), per capita in Panama, 2014–2024

02004006008002014201920242014: 635.4 current LCU per person2015: 662.6 current LCU per person2016: 702.1 current LCU per person2017: 713.7 current LCU per person2018: 702.2 current LCU per person2019: 718.3 current LCU per person2020: 543.9 current LCU per person2021: 610.1 current LCU per person2022: 689.2 current LCU per person2023: 645.2 current LCU per person2024: 672.4 current LCU per person

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

Analysis

The most recent figure for taxes on goods and services (current lcu), per capita in Panama is 672.35 current LCU per person, measured in 2024.

Compared with earlier readings it is up 4.2% on the previous year and up 5.8% over ten years.

Over the whole period, taxes on goods and services (current lcu), per capita in Panama peaked at 718.29 current LCU per person in 2019 and was at its lowest, 543.9 current LCU per person, in 2020.

That places Panama 144th out of 157 countries with data for 2024, putting it in the bottom quarter.

Taxes on goods and services (current LCU), per capita in Panama, year by year

Annual values for Taxes on goods and services (current LCU), per capita in Panama, 2014 to 2024.
Year current LCU per person Change
2014 635.36 current LCU per person
2015 662.64 current LCU per person +4.3%
2016 702.09 current LCU per person +6.0%
2017 713.66 current LCU per person +1.6%
2018 702.18 current LCU per person -1.6%
2019 718.29 current LCU per person +2.3%
2020 543.9 current LCU per person -24.3%
2021 610.07 current LCU per person +12.2%
2022 689.22 current LCU per person +13.0%
2023 645.17 current LCU per person -6.4%
2024 672.35 current LCU per person +4.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 689.04 current LCU per person 635.36 current LCU per person 718.29 current LCU per person 6
2020s 632.14 current LCU per person 543.9 current LCU per person 689.22 current LCU per person 5

Countries ranked near Panama

  1. 141 Benin 987.29 current LCU per person
  2. 142 Sudan 838.53 current LCU per person
  3. 143 Naoero 747.13 current LCU per person compare
  4. 145 Tunisia 629.28 current LCU per person
  5. 146 El Salvador 627.89 current LCU per person compare
  6. 147 Papua New Guinea 503.02 current LCU per person 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), per capita in Panama?
Taxes on goods and services (current lcu), per capita in Panama was 672.35 current LCU per person in 2024, according to Statizoid (derived).
What is the highest taxes on goods and services (current lcu), per capita recorded in Panama?
The highest recorded value was 718.29 current LCU per person in 2019.
What is the lowest taxes on goods and services (current lcu), per capita recorded in Panama?
The lowest recorded value was 543.9 current LCU per person in 2020.
How does Panama rank for taxes on goods and services (current lcu), per capita?
Panama ranks 144th out of 157 countries with data for 2024.
Is taxes on goods and services (current lcu), per capita rising or falling in Panama?
Over the last ten years it is up 5.8%. The long-run trend across the full record is flat.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per capita. Statizoid updates them automatically from the source API.

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Taxes on goods and services (current LCU), per capita 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-per-capita/panama/

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

How this figure is calculated

Taxes on goods and services (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Taxes on goods and services (current LCU) ÷ Population, total

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), per capita
Unit
current LCU per person
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
157 places, 4,635 data points, 1972–2024
Last refreshed

Taxes on goods and services (current LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.