Social contributions in Panama
Panama: Social contributions was 1.83 million current LCU in 2018. ◆ Volatile
Social contributions in Panama, 2014–2018
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2018, social contributions in Panama stood at 1.83 million current LCU.
The figure is down 83.4% on the previous year and up 310.5% over five years.
Panama ranks 106th of 112 countries on this measure, in the bottom quarter.
Countries ranked near Panama
More public sector data for Panama
- Arms imports 2.00 million SIPRI trend indicator values (1989)
- Tax revenue 7.2% (2024)
- Taxes on income, profits and capital gains 29.1% (2024)
- Taxes on goods and services 32.6% (2024)
- Net investment in nonfinancial assets 2.1% (2024)
- Net lending (+) / net borrowing (-) -8.2% (2024)
- Interest payments 28.9% (2024)
- Grants and other revenue 33.3% (2024)
- Interest payments 13.4% (2021)
- Other taxes 1.6% (2024)
Frequently asked questions
- What is social contributions in Panama?
- Social contributions in Panama was 1.83 million current LCU in 2018, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest social contributions recorded in Panama?
- The highest recorded value was 11.03 million current LCU in 2017.
- What is the lowest social contributions recorded in Panama?
- The lowest recorded value was 444,786 current LCU in 2014.
- How does Panama rank for social contributions?
- Panama ranks 106th out of 112 countries with data for 2018.
- Where does this Panama data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Social contributions (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Social contributions are actual or imputed contributions payable to social insurance schemes to make provisions for social benefits to be paid. 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.