Panama - Taxes On International Trade

Current Prices Local Currency

286,788,730.14 current LCU in 2021

WB

Taxes On International Trade - Central America And The Caribbean

Belize	14.23 % in 2017	WB
Jamaica	8.83 % in 2020	WB
Barbados	8.57 % in 2016	WB
Dominican Republic	5.5 % in 2021	WB
Guatemala	4.36 % in 2021	WB
Costa Rica	4.29 % in 2021	WB
El Salvador	3.38 % in 2021	WB
Nicaragua	3.16 % in 2021	WB
Honduras	2.62 % in 2020	WB

Government finance in Panama

Budget Deficit	-4.48B current LCU in 2021	WB
Government Expenditure	11.55B current LCU in 2021	WB
Government Revenue	11.15 % in 2021	WB

Government Finance Government revenue in Panama

Grants and Other Revenue	33.57 % in 2021	WB
Tax Revenue	7.46 % in 2021	WB
Customs	5.7 % in 2021	WB
Social Contributions	0.03 % in 2020	WB

Government Finance Government Revenue Panama - Tax Revenue

Tax on Goods and Services	33.26 % in 2021	WB
Tax on Income, Profits and Capital Gains	29.06 % in 2021	WB
Other Taxes	0.32 % in 2021	WB
Tax on Exports	0 % in 2018	WB