Belize vs Panama: Taxes on international trade

Belize

157.81 million current LCU

in 2017

Panama

308.12 million current LCU

in 2024

Belize rank

115th

Panama rank

112th

Taxes on international trade over time

Belize
Panama

How they compare

Panama currently reports 308.12 million current LCU against 157.81 million current LCU in Belize, a difference of 150.31 million current LCU.

That makes Panama's figure about 2.0 times Belize's.

Globally, Belize ranks 115th and Panama ranks 112th of 155 countries.

Individual pages

About this data

Indicator: Taxes on international trade (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: 155 places, 4,046 data points, 1972–2024
Last refreshed: 06 August 2026

Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-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.