Taxes less subsidies on products in Panama
Panama: Taxes less subsidies on products was 2.23 billion current LCU in 2025. ◆ Volatile
Taxes less subsidies on products in Panama, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Panama recorded 2.23 billion current LCU for taxes less subsidies on products in 2025.
The figure is up 4.1% on the previous year and up 4.5% over ten years.
Over the whole period, taxes less subsidies on products in Panama peaked at 2.38 billion current LCU in 2016 and was at its lowest, 23.99 million current LCU, in 1960.
Panama ranks 155th of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.28 million current LCU | 23.99 million current LCU | 49.51 million current LCU | 10 |
| 1970s | 74.39 million current LCU | 57.90 million current LCU | 106.86 million current LCU | 10 |
| 1980s | 163.70 million current LCU | 112.63 million current LCU | 230.15 million current LCU | 10 |
| 1990s | 351.85 million current LCU | 207.52 million current LCU | 498.64 million current LCU | 10 |
| 2000s | 701.52 million current LCU | 456.02 million current LCU | 1.09 billion current LCU | 10 |
| 2010s | 1.96 billion current LCU | 1.27 billion current LCU | 2.38 billion current LCU | 10 |
| 2020s | 1.99 billion current LCU | 1.42 billion current LCU | 2.23 billion current LCU | 6 |
Countries ranked near Panama
More economy & growth data for Panama
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current US$ (2025)
- Net primary income (Net income from abroad) -4.39 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.39 billion current US$ (2025)
- GNI per capita 18,830 current LCU (2025)
- GNI per capita, Atlas method 19,140 current US$ (2025)
- GNI 86.07 billion current LCU (2025)
- GNI 86.07 billion current US$ (2025)
Frequently asked questions
- What is taxes less subsidies on products in Panama?
- Taxes less subsidies on products in Panama was 2.23 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Panama?
- The highest recorded value was 2.38 billion current LCU in 2016.
- What is the lowest taxes less subsidies on products recorded in Panama?
- The lowest recorded value was 23.99 million current LCU in 1960.
- How does Panama rank for taxes less subsidies on products?
- Panama ranks 155th out of 198 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Panama?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. 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.