Tax revenues vs income inequality in Panama
Panama: Tax revenues vs income inequality was 12.5 in 2023. ▼ Falling
Latest (2023)
12.5
Change on year
down 0.8%
World rank
139th
of 186 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 in Panama, 1989–2023
Source: Our World in Data.
Analysis
The most recent figure for tax revenues vs income inequality in Panama is 12.5, measured in 2023.
The figure is down 0.8% on the previous year and down 21.6% over ten years.
Over the whole period, tax revenues vs income inequality in Panama peaked at 17.87 in 1995 and was at its lowest, 11.79, in 2021.
Panama ranks 139th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | 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
More poverty & inequality data for Panama
- Data deprivation poverty surveys per decade 7 (2025)
- Fertility rate vs the share living in extreme poverty 2.12 (2023)
- Cereal yield vs extreme poverty 4,226 (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 revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -0.7937 % change on previous year (2023)
- Gender inequality index from the human development report 0.374 (2023)
- Share of government consumption in gdp vs share in extreme poverty 14.33 (2023)
Frequently asked questions
- What is tax revenues vs income inequality in Panama?
- Tax revenues vs income inequality in Panama was 12.5 in 2023, according to Our World in Data.
- What is the highest tax revenues vs income inequality recorded in Panama?
- The highest recorded value was 17.87 in 1995.
- What is the lowest tax revenues vs income inequality recorded in Panama?
- The lowest recorded value was 11.79 in 2021.
- How does Panama rank for tax revenues vs income inequality?
- Panama ranks 139th out of 186 countries with data for 2023.
- Is tax revenues vs income inequality 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 Our World in Data, published as part of Tax revenues vs income inequality. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (Our World in Data).