Barbados vs Panama: Customs and other import duties

Barbados
245.19 million current LCU
in 2016
Panama
308.12 million current LCU
in 2024
Barbados rank
108th
Panama rank
106th

Customs and other import duties over time

  • Barbados
  • Panama
0100.0M200.0M300.0M400.0M200320132024

How they compare

Panama currently reports 308.12 million current LCU against 245.19 million current LCU in Barbados, a difference of 62.93 million current LCU.

That makes Panama's figure about 1.3 times Barbados's.

Globally, Barbados ranks 108th and Panama ranks 106th of 152 countries.

Individual pages

About this data

Indicator
Customs and other import duties (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
152 places, 3,879 data points, 1972–2024
Last refreshed

Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.