Panama Tax Revenue

1995 - 2024 | Monthly | USD mn | CEIC Data

Key information about Panama Tax Revenue

  • Panama Tax Revenue was reported at 383.708 USD mn in May 2024.
  • This records an increase from the previous figure of 337.094 USD mn for Apr 2024.
  • Panama Tax Revenue data is updated monthly, averaging 213.783 USD mn from Jan 1995 to May 2024, with 353 observations.
  • The data reached an all-time high of 927.279 USD mn in Nov 2023 and a record low of 57.030 USD mn in Oct 1998.
  • Panama Tax Revenue data remains active status in CEIC and is reported by CEIC Data.
  • The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Tax Revenue: USD: Monthly.

CEIC converts monthly Tax Revenue into USD. The National Institute of Statistics and Census provides Tax Revenue in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Tax Revenue covers Central Government only.

View Panama's Tax Revenue from Jan 1995 to May 2024 in the chart:

Panama Tax Revenue

What was Panama's Tax Revenue in May 2024?

Panama Tax Revenue was reported at 383.708 USD mn in May 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
383.708 May 2024 337.094 Apr 2024 57.030 Oct 1998 927.279 Nov 2023 USD mn monthly Jan 1995 - May 2024

Tax Revenue by Country Comparison

country/region Last Frequency Range
Albania (USD mn) 1,716.482 Apr 2024 monthly Dec 1997 - Apr 2024
Algeria (USD mn) 8,574.951 2022 yearly 1997 - 2022
Argentina (USD mn) 11,289.665 May 2024 monthly Jan 1997 - May 2024
Armenia (USD mn) 825.793 Apr 2024 monthly Jan 2008 - Apr 2024
Australia (USD mn) 126,588.506 Mar 2024 quarterly Sep 2002 - Mar 2024
Austria (USD mn) 32,359.315 Mar 2024 quarterly Mar 2001 - Mar 2024
Azerbaijan (USD mn) 12,978.324 2023 yearly 1993 - 2023
Bahrain (USD mn) 1,433.199 2021 yearly 1990 - 2021
Bangladesh (USD mn) 2,672.203 Apr 2024 monthly Jul 1990 - Apr 2024
Belarus (USD mn) 4,128.689 Sep 2021 quarterly Dec 2005 - Sep 2021
Belgium (USD mn) 188,333.360 2023 yearly 1970 - 2023
Bolivia (USD mn) 7,842.113 2022 yearly 1990 - 2022
Bosnia and Herzegovina (USD mn) 5,131.902 2021 yearly 2003 - 2021
Botswana (USD mn) 496.639 Jun 2023 monthly Apr 2007 - Jun 2023
Brazil (USD mn) 29,455.887 May 2024 monthly Jul 1994 - May 2024
Brunei (USD mn) 277.842 2023 yearly 2007 - 2023
Bulgaria (USD mn) 1,962.846 Feb 2024 monthly Jan 2003 - Feb 2024
Cambodia (USD mn) 458.486 Apr 2024 monthly Jan 2009 - Apr 2024
Canada (USD mn) 21,535.165 Mar 2024 monthly Jan 1996 - Mar 2024
Chile (USD mn) 65,188.639 2023 yearly 1990 - 2023
China (USD mn) 157,633.826 Mar 2024 monthly Jan 1995 - Mar 2024
Colombia (USD mn) 7,632.377 May 2024 monthly Jan 1999 - May 2024
Croatia (USD mn) 3,926.502 Dec 2019 quarterly Mar 2015 - Dec 2019
Cyprus (USD mn) 643.440 Apr 2024 monthly Jan 2014 - Apr 2024
Czech Republic (USD mn) 16,578.591 Dec 2023 quarterly Mar 1995 - Dec 2023
Denmark (USD mn) 45,787.489 Mar 2024 quarterly Mar 1999 - Mar 2024
Ecuador (USD mn) 3,728.436 Mar 2024 quarterly Mar 2000 - Mar 2024
Egypt (USD mn) 30,467.111 May 2024 monthly Jan 2005 - May 2024
Estonia (USD mn) 2,076.226 Mar 2024 quarterly Mar 1999 - Mar 2024
European Union (USD mn) 4,796,008.865 2023 yearly 1999 - 2023
Finland (USD mn) 23,491.998 Mar 2024 quarterly Mar 1999 - Mar 2024
France (USD mn) 7,352.374 Apr 2024 monthly Jan 2006 - Apr 2024
Georgia (USD mn) 691.332 May 2024 monthly Jan 2006 - May 2024
Germany (USD mn) 253,440.928 Mar 2024 quarterly Mar 1991 - Mar 2024
Ghana (USD mn) 1,009.808 Jun 2023 monthly Jan 2008 - Jun 2023
Greece (USD mn) 17,557.973 Sep 2023 quarterly Mar 1999 - Sep 2023
Hong Kong SAR, China (USD mn) 19,624.827 Mar 2024 quarterly Sep 1979 - Mar 2024
Hungary (USD mn) 14,191.684 Dec 2023 quarterly Mar 1999 - Dec 2023
Iceland (USD mn) 2,619.201 Mar 2024 quarterly Mar 2002 - Mar 2024
India (USD mn) 16,074.150 May 2024 monthly Apr 1997 - May 2024
Indonesia (USD mn) 15,962.733 Apr 2024 monthly Jan 2014 - Apr 2024
Iran (USD mn) 77,585.714 2021 yearly 1996 - 2021
Ireland (USD mn) 31,359.331 Dec 2023 quarterly Mar 2000 - Dec 2023
Israel (USD mn) 11,598.186 May 2024 monthly Jan 2001 - May 2024
Italy (USD mn) 216,421.142 Dec 2023 quarterly Mar 1999 - Dec 2023
Ivory Coast (USD mn) 10,291.644 2023 yearly 1960 - 2023
Japan (USD mn) 49,421.598 May 2024 monthly Apr 1983 - May 2024
Jordan (USD mn) 6,598.449 2018 yearly 1999 - 2018
Kazakhstan (USD mn) 5,686.614 May 2024 monthly Nov 2007 - May 2024
Kenya (USD mn) 12,866.615 Apr 2024 monthly Sep 1999 - Apr 2024
South Korea (USD mn) 18,611.821 May 2024 monthly Jan 2000 - May 2024
Kosovo (USD mn) 252.666 Oct 2023 monthly Jan 2006 - Oct 2023
Kuwait (USD mn) 128.142 Dec 2015 monthly Sep 2003 - Dec 2015
Kyrgyzstan (USD mn) 338.133 May 2024 monthly Jan 2007 - May 2024
Laos (USD mn) 1,949.450 2023 yearly 2010 - 2023
Latvia (USD mn) 2,169.187 Mar 2024 quarterly Mar 1999 - Mar 2024
Lebanon (USD mn) 1,153.980 Dec 2021 monthly Jan 1998 - Dec 2021
Lithuania (USD mn) 4,501.756 Dec 2023 quarterly Mar 1999 - Dec 2023
Luxembourg (USD mn) 24,967.814 2023 yearly 1995 - 2023
Macau SAR, China (USD mn) 4,175.296 2022 yearly 2002 - 2022
North Macedonia (USD mn) 246.567 May 2024 monthly Jan 2004 - May 2024
Malawi (USD mn) 1,677.860 2022 yearly 2009 - 2022
Malaysia (USD mn) 11,134.909 Mar 2024 quarterly Mar 1980 - Mar 2024
Malta (USD mn) 1,172.121 Dec 2023 quarterly Mar 1999 - Dec 2023
Mauritius (USD mn) 250.491 Nov 2023 monthly Jan 2010 - Nov 2023
Mexico (USD mn) 21,666.174 May 2024 monthly Jan 1977 - May 2024
Moldova (USD mn) 3,468.559 2023 yearly 2004 - 2023
Mongolia (USD mn) 443.218 May 2024 monthly Jan 2000 - May 2024
Montenegro (USD mn) 254.917 Apr 2024 monthly Jan 2012 - Apr 2024
Morocco (USD mn) 27,207.847 2023 yearly 1980 - 2023
Mozambique (USD mn) 543.980 Dec 2016 quarterly Mar 2002 - Dec 2016
Myanmar (USD mn) 365.783 Jul 2022 monthly Apr 2012 - Jul 2022
Nepal (USD mn) 1,888.894 Jun 2018 quarterly Sep 1997 - Jun 2018
Netherlands (USD mn) 79,964.399 Mar 2024 quarterly Mar 1999 - Mar 2024
New Zealand (USD mn) 80,859.209 2024 yearly 1999 - 2024
Norway (USD mn) 37,428.495 Mar 2024 quarterly Mar 2002 - Mar 2024
Oman (USD mn) 3,304.518 2021 yearly 1996 - 2021
Pakistan (USD mn) 25,992.914 Mar 2024 quarterly Sep 2000 - Mar 2024
Palestinian Territory (USD mn) 3,316.100 2020 yearly 2010 - 2020
Panama (USD mn) 383.708 May 2024 monthly Jan 1995 - May 2024
Paraguay (USD mn) 595.198 May 2024 monthly Jan 1998 - May 2024
Peru (USD mn) 3,199.642 May 2024 monthly Jan 2003 - May 2024
Philippines (USD mn) 5,261.098 May 2024 monthly Jan 1985 - May 2024
Poland (USD mn) 15,964.694 Apr 2024 monthly Nov 2006 - Apr 2024
Portugal (USD mn) 18,619.579 Dec 2023 quarterly Mar 1999 - Dec 2023
Russia (USD mn) 109,456.089 Mar 2024 monthly Jan 1996 - Mar 2024
Serbia (USD mn) 2,957.248 Apr 2024 monthly Jan 2005 - Apr 2024
Singapore (USD mn) 11,199.793 May 2024 monthly Aug 1987 - May 2024
Slovakia (USD mn) 1,476.214 May 2024 monthly Jan 2005 - May 2024
Slovenia (USD mn) 1,247.650 May 2024 monthly Jan 2000 - May 2024
South Africa (USD mn) 6,730.821 May 2024 monthly Jan 1990 - May 2024
Spain (USD mn) 348,108.307 2022 yearly 1995 - 2022
Sri Lanka (USD mn) 8,317.177 2023 yearly 1990 - 2023
Sudan (USD mn) 1,728.502 2021 yearly 2001 - 2021
Sweden (USD mn) 124,274.627 2023 yearly 1995 - 2023
Switzerland (USD mn) 224,067.841 2021 yearly 1990 - 2021
Syria (USD mn) 5,640.444 2010 yearly 1998 - 2010
Taiwan (USD mn) 18,606.629 May 2024 monthly Oct 1983 - May 2024
Tajikistan (USD mn) 1,427.887 2016 yearly 2000 - 2016
Thailand (USD mn) 67,624.756 2023 yearly 1984 - 2023

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 383.708 May 2024 monthly Jan 1995 - May 2024
Tax Revenue: % of GDP (%) 6.9 Mar 2024 quarterly Mar 2007 - Mar 2024
National Government Debt (USD mn) 49,737.5 May 2024 monthly Jul 2004 - May 2024
Government Debt: % of GDP (%) 59.2 Mar 2024 quarterly Dec 2007 - Mar 2024
Forecast: Government Expenditure (PAB bn) 22.672 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 20.911 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue (PAB th) 483,358.502 May 2024 monthly Jan 1995 - May 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 383,708.393 May 2024 monthly Jan 1995 - May 2024
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 196,551.313 May 2024 monthly Jan 1995 - May 2024
Public Debt: Domestic (USD mn) 6,481.350 May 2024 monthly Jul 2004 - May 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,093.6 Apr 2024 monthly Jan 1964 - Apr 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -70.4 Apr 2024 monthly Jan 2001 - Apr 2024
Aluminum: Exports (USD th) 1,490.770 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,189.2 Apr 2024 monthly Jan 2000 - Apr 2024
Total Imports Growth (%) 6.8 Apr 2024 monthly Jan 2001 - Apr 2024
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 8.622 Mar 2024 monthly Jan 1970 - Mar 2024
Total Imports from USA (USD mn) 239.374 Mar 2024 monthly Jan 1967 - Mar 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 132.783 Mar 2024 monthly Mar 1989 - Mar 2024
Exports: FOB: Prawn (PAB th) 10,670.091 Apr 2024 monthly Jan 2000 - Apr 2024
Exports: FOB: Banana (PAB th) 12,357.103 Apr 2024 monthly Jan 2000 - Apr 2024
Exports: FOB: Seafood Products (PAB th) 4,368.992 Apr 2024 monthly Jan 2002 - Apr 2024
Exports: FOB (PAB th) 95,618.029 Apr 2024 monthly Jan 2000 - Apr 2024
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 103.2 Mar 2024 quarterly Mar 2013 - Mar 2024
Current Account Balance (USD mn) 71.6 Mar 2024 quarterly Mar 1998 - Mar 2024
Current Account Balance: % of GDP (%) 0.3 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Direct Investment (USD mn) 878.4 Mar 2024 quarterly Mar 1998 - Mar 2024
Foreign Direct Investment: % of GDP (%) 4.0 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Portfolio Investment (USD mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 14.2 Mar 2024 quarterly Mar 2007 - Mar 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2024 quarterly Mar 2013 - Mar 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
External Debt (USD mn) 43,256.1 May 2024 monthly Jul 2004 - May 2024
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -73,805.352 Mar 2024 quarterly Mar 2002 - Mar 2024
BoP: Net Errors and Omissions (PAB mn) -2,322.920 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods: Credit (PAB mn) 3,645.395 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services: Credit (PAB mn) 5,021.013 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods: Debit (PAB mn) -6,195.266 Mar 2024 quarterly Mar 2013 - Mar 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 71.622 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income: Credit (PAB mn) 1,134.740 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income (PAB mn) -1,125.248 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services (PAB mn) 3,727.764 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account (PAB mn) 2.292 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Goods (PAB mn) -2,549.871 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Income: Debit (PAB mn) -2,259.988 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Direct Investment (PAB mn) 775.197 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,997.466 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Financial Account (FA) (PAB mn) 3,088.771 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 3,089.260 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: CA: Services: Debit (PAB mn) -1,293.249 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Capital Account: Credit (PAB mn) 2.292 Mar 2024 quarterly Mar 2013 - Mar 2024
BoP: Financing: Reserve Assets (PAB mn) -1,187.874 Mar 2024 quarterly Mar 2013 - Mar 2024
International Investment Position (IIP) (USD mn) -73,805.352 Mar 2024 quarterly Mar 2015 - Mar 2024
IIP: Assets (USD mn) 103,815.505 Mar 2024 quarterly Mar 2015 - Mar 2024
IIP: Liabilities (USD mn) 177,620.857 Mar 2024 quarterly Mar 2015 - Mar 2024
Foreign Direct Investment (FDI) (PAB mn) 878.406 Mar 2024 quarterly Mar 2013 - Mar 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.8 Apr 2024 monthly Dec 2008 - Apr 2024
Household Debt: % of GDP (%) 38.1 Mar 2024 quarterly Dec 2007 - Mar 2024
Non-Performing Loans (USD mn) 1,644.671 Apr 2024 monthly Dec 2008 - Apr 2024
Money Supply M1 (USD mn) 8,863.130 Apr 2024 monthly Dec 2002 - Apr 2024
Money Supply M2 (USD mn) 40,398.810 Apr 2024 monthly Dec 2002 - Apr 2024
M2 Growth (%) 6.3 Apr 2024 monthly Dec 2003 - Apr 2024
Foreign Exchange Reserves (USD mn) 5,245.6 May 2024 monthly Oct 1969 - May 2024
Foreign Exchange Reserves: % of GDP (%) 8.733 Mar 2024 quarterly Dec 2007 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 5.2 Apr 2024 monthly Jan 2000 - Apr 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 106,711.055 Apr 2024 monthly Dec 1998 - Apr 2024
Total Deposits Growth (%) 6.9 Apr 2024 monthly Dec 1999 - Apr 2024
Domestic Credit (USD mn) 61,584.1 Apr 2024 monthly Dec 2001 - Apr 2024
Domestic Credit Growth (%) 5.0 Apr 2024 monthly Dec 2002 - Apr 2024
Household Debt (USD mn) 32,127.8 Apr 2024 monthly Oct 2005 - Apr 2024
Total Loans (USD mn) 91,994.159 Apr 2024 monthly Dec 1998 - Apr 2024
Total Loans Growth (%) 6.06 Apr 2024 monthly Dec 1999 - Apr 2024
Private Debt: % of Nominal GDP (%) 69.04 Mar 2024 quarterly Dec 2007 - Mar 2024
Money Supply: M3 (PAB mn) 40,398.810 Apr 2024 monthly Dec 2002 - Apr 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 20,802.870 Apr 2024 monthly Dec 2002 - Apr 2024

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