Tax revenues vs income inequality, annual growth rate in Panama
Panama: Tax revenues vs income inequality, annual growth rate was -0.7937 % change on previous year in 2023. ◆ Volatile
Tax revenues vs income inequality, annual growth rate in Panama, 1990–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for tax revenues vs income inequality, annual growth rate in Panama is -0.7937 % change on previous year, measured in 2023.
The figure is down 111.6% on the previous year and down 207.9% over ten years.
Over the whole period, tax revenues vs income inequality, annual growth rate in Panama peaked at 13.91 % change on previous year in 1990 and was at its lowest, -14.03 % change on previous year, in 1996.
Panama ranks 121st of 187 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.
Tax revenues vs income inequality, annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1990 | 13.91 % change on previous year | — |
| 1991 | 2.54 % change on previous year | -81.8% |
| 1992 | 3.63 % change on previous year | +43.0% |
| 1993 | -6.69 % change on previous year | -284.5% |
| 1994 | 0.8985 % change on previous year | -113.4% |
| 1995 | 7.21 % change on previous year | +703.0% |
| 1996 | -14.03 % change on previous year | -294.4% |
| 1997 | -4.1 % change on previous year | -70.8% |
| 1998 | -1.39 % change on previous year | -66.1% |
| 1999 | 2.44 % change on previous year | -275.9% |
| 2000 | -3.44 % change on previous year | -240.7% |
| 2001 | -6.24 % change on previous year | +81.5% |
| 2002 | -3.69 % change on previous year | -40.9% |
| 2003 | -1.28 % change on previous year | -65.2% |
| 2004 | -1.5 % change on previous year | +16.6% |
| 2005 | -0.4874 % change on previous year | -67.4% |
| 2006 | 10.69 % change on previous year | -2293.3% |
| 2007 | 4.17 % change on previous year | -61.0% |
| 2008 | -0.0615 % change on previous year | -101.5% |
| 2009 | -1.36 % change on previous year | +2111.5% |
| 2010 | 8.71 % change on previous year | -740.8% |
| 2011 | 0.5098 % change on previous year | -94.1% |
| 2012 | 1.5 % change on previous year | +194.3% |
| 2013 | 0.7354 % change on previous year | -51.0% |
| 2014 | -7.63 % change on previous year | -1137.2% |
| 2015 | -2.39 % change on previous year | -68.6% |
| 2016 | 4.03 % change on previous year | -268.3% |
| 2017 | -3.87 % change on previous year | -196.1% |
| 2018 | -0.674 % change on previous year | -82.6% |
| 2019 | -7.43 % change on previous year | +1001.6% |
| 2020 | -6.7 % change on previous year | -9.7% |
| 2021 | -4.37 % change on previous year | -34.9% |
| 2022 | 6.82 % change on previous year | -256.3% |
| 2023 | -0.7937 % change on previous year | -111.6% |
Panama compared with similar countries
- Panama's -0.7937 % change on previous year is below the median for high income countries, which is 0.6277 % change on previous year. (65 countries reporting)
- Panama's -0.7937 % change on previous year is below the median for Latin America & Caribbean, which is 2.8 % change on previous year. (34 countries reporting)
Biggest year-on-year movements
Years where Tax revenues vs income inequality, annual growth rate in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +2293.3% | -0.4874 % change on previous year | 10.69 % change on previous year |
| 2009 | -2111.5% | -0.0615 % change on previous year | -1.36 % change on previous year |
| 2014 | -1137.2% | 0.7354 % change on previous year | -7.63 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4423 % change on previous year | -14.03 % change on previous year | 13.91 % change on previous year | 10 |
| 2000s | -0.3198 % change on previous year | -6.24 % change on previous year | 10.69 % change on previous year | 10 |
| 2010s | -0.6506 % change on previous year | -7.63 % change on previous year | 8.71 % change on previous year | 10 |
| 2020s | -1.26 % change on previous year | -6.7 % change on previous year | 6.82 % change on previous year | 4 |
Countries ranked near Panama
- 118 United Kingdom -0.6407 % change on previous year compare
- 119 Portugal -0.7181 % change on previous year compare
- 120 Indonesia -0.7393 % change on previous year compare
- 122 Costa Rica -1.01 % change on previous year compare
- 123 San Marino -1.04 % change on previous year compare
- 124 Spain -1.15 % change on previous year compare
More poverty & inequality data for Panama
- Number of income/consumption surveys in the past decade available via the World Bank 7 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 2.12 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 4,226 kg per hectare (2024)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2024)
- Cereal yield vs extreme poverty, annual growth rate -5.59 % change on previous year (2024)
- Tax revenues vs income inequality, gaps filled 12.5 (2023)
- Tax revenue as share of GDP vs. income inequality 12.5% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is tax revenues vs income inequality, annual growth rate in Panama?
- Tax revenues vs income inequality, annual growth rate in Panama was -0.7937 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest tax revenues vs income inequality, annual growth rate recorded in Panama?
- The highest recorded value was 13.91 % change on previous year in 1990.
- What is the lowest tax revenues vs income inequality, annual growth rate recorded in Panama?
- The lowest recorded value was -14.03 % change on previous year in 1996.
- How does Panama rank for tax revenues vs income inequality, annual growth rate?
- Panama ranks 121st out of 187 countries with data for 2023.
- Is tax revenues vs income inequality, annual growth rate rising or falling in Panama?
- Over the last ten years it is down 207.9%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue as share of GDP vs. income inequality UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenues vs income inequality. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.