Tax revenues vs income inequality, gaps filled in Panama

Panama: Tax revenues vs income inequality, gaps filled was 12.5 in 2023. ▼ Falling

Latest (2023)
12.5
Change on year
down 0.8%
World rank
140th
of 187 countries
All-time high
17.87
in 1995
All-time low
11.79
in 2021
Years of data
35
1989–2023

Tax revenues vs income inequality, gaps filled in Panama, 1989–2023

051015201989200620231989: 14.61990: 16.71991: 17.11992: 17.71993: 16.51994: 16.71995: 17.91996: 15.41997: 14.71998: 14.51999: 14.92000: 14.42001: 13.52002: 132003: 12.82004: 12.62005: 12.62006: 13.92007: 14.52008: 14.52009: 14.32010: 15.52011: 15.62012: 15.82013: 15.92014: 14.72015: 14.42016: 152017: 14.42018: 14.32019: 13.22020: 12.32021: 11.82022: 12.62023: 12.5

Source: Statizoid (derived).

Analysis

In 2023, tax revenues vs income inequality, gaps filled in Panama stood at 12.5.

Compared with earlier readings it is down 0.8% on the previous year and down 21.6% over ten years.

Over the whole period, tax revenues vs income inequality, gaps filled in Panama peaked at 17.87 in 1995 and was at its lowest, 11.79, in 2021.

That places Panama 140th out of 187 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 35 years of available data.

Tax revenues vs income inequality, gaps filled in Panama, year by year

Annual values for Tax revenues vs income inequality, gaps filled in Panama, 1989 to 2023.
Year Value Change
1989 14.62
1990 16.66 +13.9%
1991 17.08 +2.5%
1992 17.7 +3.6%
1993 16.52 -6.7%
1994 16.66 +0.9%
1995 17.87 +7.2%
1996 15.36 -14.0%
1997 14.73 -4.1%
1998 14.53 -1.4%
1999 14.88 +2.4%
2000 14.37 -3.4%
2001 13.47 -6.2%
2002 12.98 -3.7%
2003 12.81 -1.3%
2004 12.62 -1.5%
2005 12.56 -0.5%
2006 13.9 +10.7%
2007 14.48 +4.2%
2008 14.47 -0.1%
2009 14.27 -1.4%
2010 15.52 +8.7%
2011 15.59 +0.5%
2012 15.83 +1.5%
2013 15.95 +0.7%
2014 14.73 -7.6%
2015 14.38 -2.4%
2016 14.96 +4.0%
2017 14.38 -3.9%
2018 14.28 -0.7%
2019 13.22 -7.4%
2020 12.33 -6.7%
2021 11.79 -4.4%
2022 12.6 +6.8%
2023 12.5 -0.8%

Averages by decade

DecadeAverage LowestHighest Years
1980s 14.62 14.62 14.62 1
1990s 16.2 14.53 17.87 10
2000s 13.59 12.56 14.48 10
2010s 14.88 13.22 15.95 10
2020s 12.31 11.79 12.6 4

Countries ranked near Panama

  1. 137 Cameroon 13.04 compare
  2. 138 Mauritania 12.58 compare
  3. 139 Malaysia 12.57 compare
  4. 141 Uganda 12.46 compare
  5. 142 Bhutan 12.38 compare
  6. 143 Pakistan 12.36 compare

See the full ranking of 187 places →

More poverty & inequality data for Panama

All data for Panama →

Frequently asked questions

What is tax revenues vs income inequality, gaps filled in Panama?
Tax revenues vs income inequality, gaps filled in Panama was 12.5 in 2023, according to Statizoid (derived).
What is the highest tax revenues vs income inequality, gaps filled recorded in Panama?
The highest recorded value was 17.87 in 1995.
What is the lowest tax revenues vs income inequality, gaps filled recorded in Panama?
The lowest recorded value was 11.79 in 2021.
How does Panama rank for tax revenues vs income inequality, gaps filled?
Panama ranks 140th out of 187 countries with data for 2023.
Is tax revenues vs income inequality, gaps filled rising or falling in Panama?
Over the last ten years it is down 21.6%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Tax revenues vs income inequality, gaps filled. Statizoid updates them automatically from the source API.

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Tax revenues vs income inequality, gaps filled in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 27 August 2026, from https://poverty.statizoid.com/stat/tax-revenues-vs-income-inequality-gaps-filled/panama/

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How this figure is calculated

Tax revenues vs income inequality with 52 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

Computed from

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

Indicator
Tax revenues vs income inequality, gaps filled
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
187 places, 6,336 data points, 1980–2023
Last refreshed

Tax revenues vs income inequality with 52 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.