Panama - Tax revenue
Tax revenue (current LCU)
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.
| Year | Value |
|---|---|
| 2014 | 5,121,959,000 |
| 2015 | 5,464,141,000 |
| 2016 | 6,009,396,000 |
| 2017 | 6,217,750,000 |
| 2018 | 6,456,301,000 |
Tax revenue (% of GDP)
Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.
Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 2014 | 10.26 |
| 2015 | 10.10 |
| 2016 | 10.38 |
| 2017 | 10.00 |
| 2018 | 9.94 |
Classification
Topic: Public Sector Indicators
Sub-Topic: Government finance
