Malta vs Panama: Taxes on goods and services

Malta

2.18 billion current LCU

in 2024

Panama

3.04 billion current LCU

in 2024

Malta rank

135th

Panama rank

134th

Taxes on goods and services over time

Malta
Panama

How they compare

Panama currently reports 3.04 billion current LCU against 2.18 billion current LCU in Malta, a difference of 858.10 million current LCU.

That makes Panama's figure about 1.4 times Malta's.

Across all 11 years both countries report, Panama has been ahead every year.

Globally, Malta ranks 135th and Panama ranks 134th of 157 countries.

Individual pages

About this data

Indicator: Taxes on goods and services (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: 157 places, 4,635 data points, 1972–2024
Last refreshed: 06 August 2026

General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.