Malaysia vs Panama: Tax revenue as share of GDP vs. income inequality

Malaysia
12.6%
in 2023
Panama
12.5%
in 2023
Malaysia rank
139th
Panama rank
140th

Tax revenue as share of GDP vs. income inequality over time

  • Malaysia
  • Panama
05101520198020012023

How they compare

Malaysia currently reports 12.6% against 12.5% in Panama, a difference of 0.1%.

The two have swapped places 4 times across 35 shared years of data; in 1989 it was Malaysia ahead.

Malaysia ranks 139th and Panama ranks 140th of 187 countries.

Across the 5 decades both report, Malaysia averaged higher in 3 and Panama in 2.

Head to head by decade

Decade Malaysia Panama Difference Ahead
1980s 17.1% 14.6% 2.4% Malaysia
1990s 17.5% 16.2% 1.3% Malaysia
2000s 14.3% 13.6% 0.7% Malaysia
2010s 13.7% 14.9% 1.1% Panama
2020s 11.6% 12.3% 0.7% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue as share of gdp vs. income inequality, Malaysia or Panama?
Malaysia, at 12.6% against 12.5% in Panama as of 2023.
What is the difference in tax revenue as share of gdp vs. income inequality between Malaysia and Panama?
0.1%, with Malaysia ahead.
How many years of comparable data are there for Malaysia and Panama?
35 years are reported by both, from 1989 to 2023.
How do Malaysia and Panama rank globally for tax revenue as share of gdp vs. income inequality?
Malaysia ranks 139th and Panama ranks 140th of 187 countries.
Where does this data come from?
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as Tax revenue as share of GDP vs. income inequality. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Malaysia vs Panama: Tax revenue as share of GDP vs. income inequality. Statizoid, drawing on UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Retrieved 02 September 2026, from https://poverty.statizoid.com/compare/tax-revenues-vs-income-inequality/malaysia/panama/

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About this data

Indicator
Tax revenue as share of GDP vs. income inequality
Unit
% of GDP
Source
UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
187 places, 6,284 data points, 1980–2023
Last refreshed

Taxes include direct and indirect taxes as well as social contributions. The Gini coefficient measures inequality on a scale from 0 to 1. Higher values indicate higher inequality.