Taxes less subsidies on products in Panama
Panama: Taxes less subsidies on products was 2.23 billion current US$ 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 US$.
Analysis
Panama recorded 2.23 billion current US$ for taxes less subsidies on products in 2025.
That represents a change of 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 US$ in 2016 and was at its lowest, 23.99 million current US$, in 1960.
Panama ranks 110th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 34.28 million current US$ | 23.99 million current US$ | 49.51 million current US$ | 10 |
| 1970s | 74.39 million current US$ | 57.90 million current US$ | 106.86 million current US$ | 10 |
| 1980s | 163.70 million current US$ | 112.63 million current US$ | 230.15 million current US$ | 10 |
| 1990s | 351.85 million current US$ | 207.52 million current US$ | 498.64 million current US$ | 10 |
| 2000s | 701.52 million current US$ | 456.02 million current US$ | 1.09 billion current US$ | 10 |
| 2010s | 1.96 billion current US$ | 1.27 billion current US$ | 2.38 billion current US$ | 10 |
| 2020s | 1.99 billion current US$ | 1.42 billion current US$ | 2.23 billion current US$ | 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 LCU (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 US$ 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 US$ in 2016.
- What is the lowest taxes less subsidies on products recorded in Panama?
- The lowest recorded value was 23.99 million current US$ in 1960.
- How does Panama rank for taxes less subsidies on products?
- Panama ranks 110th 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 US$). 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 indicator is expressed in United States dollars.