Panama - Tax On Income - Profits And Capital Gains - knoema.com

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World Data Atlas Topics Economy Tax on Income, Profits and Capital Gains

Though Panama tax on income, profits and capital gains fluctuated substantially in recent years, it tended to decrease through 2015 - 2021 period ending at 29.06 % in 2021.

Panama - Tax On Income - Profits And Capital Gains
Current Prices Local Currency	2.2B current LCU in 2021	WB
Share of total taxes	43.74 % in 2021	WB

Tax On Income - Profits And Capital Gains - Central America And The Caribbean
Nicaragua	38.87 % in 2021	WB
Guatemala	33.67 % in 2021	WB
Jamaica	33.24 % in 2020	WB
Barbados	29.98 % in 2016	WB
Dominican Republic	29.67 % in 2021	WB
El Salvador	25.41 % in 2021	WB
Belize	24.37 % in 2017	WB
Honduras	19.51 % in 2020	WB
Costa Rica	17.65 % in 2021	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
Share of total taxes	43.74 % in 2021	WB
Tax on Goods and Services	33.26 % in 2021	WB
Taxes on International Trade	3.79 % in 2021	WB
Other Taxes	0.32 % in 2021	WB
Tax on Exports	0 % in 2018	WB

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