Belgium vs Panama: Taxes as a % of price: ad valorem excise
Belgium
40.0%
in 2022
Panama
43.5%
in 2022
Belgium rank
24th
Panama rank
22nd
Taxes as a % of price: ad valorem excise over time
- Belgium
- Panama
How they compare
Panama currently reports 43.5% against 40.0% in Belgium, a difference of 3.5%.
That makes Panama's figure about 1.1 times Belgium's.
The two have swapped places 1 time across 8 shared years of data; in 2008 it was Belgium ahead.
Belgium ranks 24th and Panama ranks 22nd of 189 countries.
Across the 3 decades both report, Belgium averaged higher in 2 and Panama in 1.
Head to head by decade
| Decade | Belgium | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 52.4% | 21.3% | 31.1% | Belgium |
| 2010s | 48.2% | 34.8% | 13.5% | Belgium |
| 2020s | 40.0% | 43.5% | 3.4% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes as a % of price: ad valorem excise, Belgium or Panama?
- Panama, at 43.5% against 40.0% in Belgium as of 2022.
- What is the difference in taxes as a % of price: ad valorem excise between Belgium and Panama?
- 3.5%, with Panama ahead.
- How many years of comparable data are there for Belgium and Panama?
- 8 years are reported by both, from 2008 to 2022.
- How do Belgium and Panama rank globally for taxes as a % of price: ad valorem excise?
- Belgium ranks 24th and Panama ranks 22nd of 189 countries.
- Where does this data come from?
- World Health Organization, Global Health Observatory, published as Taxes as a % of price: ad valorem excise. Statizoid refreshes it automatically from the source and publishes the full history for both places.