Taxes as a % of price: ad valorem excise in Panama

Panama: Taxes as a % of price: ad valorem excise was 43.5% in 2022. ▲ Rising

Latest (2022)
43.5%
Change on year
unchanged
World rank
22nd
of 189 countries
All-time high
43.5%
in 2012
All-time low
0.0%
in 2010
Years of data
8
2008–2022

Taxes as a % of price: ad valorem excise in Panama, 2008–2022

0102030402008201520222008: 21.32010: 02012: 43.52014: 43.52016: 43.52018: 43.52020: 43.52022: 43.5

Source: World Health Organization, Global Health Observatory.

Analysis

Panama recorded 43.5% for taxes as a % of price: ad valorem excise in 2022. That is the highest value across all 8 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, taxes as a % of price: ad valorem excise in Panama peaked at 43.5% in 2012 and was at its lowest, 0.0%, in 2010.

Panama ranks 22nd of 189 countries on this measure, in the top quarter.

Taxes as a % of price: ad valorem excise in Panama, year by year

Annual values for Taxes as a % of price: ad valorem excise in Panama, 2008 to 2022.
Year Value Change
2008 21.3%
2010 0.0% -100.0%
2012 43.5%
2014 43.5% +0.0%
2016 43.5% +0.0%
2018 43.5% +0.0%
2020 43.5% +0.0%
2022 43.5% +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.3% 21.3% 21.3% 1
2010s 34.8% 0.0% 43.5% 5
2020s 43.5% 43.5% 43.5% 2

Countries ranked near Panama

  1. 19 Saudi Arabia 46.5% compare
  2. 20 Bangladesh 45.6% compare
  3. 21 Eritrea 44.6% compare
  4. 23 Bosnia and Herzegovina 42.0% compare
  5. 24 Belgium 40.0% compare
  6. 25 Madagascar 39.9% compare

See the full ranking of 191 places →

More health data for Panama

All data for Panama →

Frequently asked questions

What is taxes as a % of price: ad valorem excise in Panama?
Taxes as a % of price: ad valorem excise in Panama was 43.5% in 2022, according to World Health Organization, Global Health Observatory.
What is the highest taxes as a % of price: ad valorem excise recorded in Panama?
The highest recorded value was 43.5% in 2012.
What is the lowest taxes as a % of price: ad valorem excise recorded in Panama?
The lowest recorded value was 0.0% in 2010.
How does Panama rank for taxes as a % of price: ad valorem excise?
Panama ranks 22nd out of 189 countries with data for 2022.
Is taxes as a % of price: ad valorem excise rising or falling in Panama?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from World Health Organization, Global Health Observatory, published as part of Taxes as a % of price: ad valorem excise. Statizoid updates them automatically from the source API.

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Taxes as a % of price: ad valorem excise in Panama. Statizoid, drawing on World Health Organization, Global Health Observatory. Retrieved 04 September 2026, from https://health.statizoid.com/stat/taxes-as-a-percent-of-price-ad-valorem-excise/panama/

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About this data

Indicator
Taxes as a % of price: ad valorem excise
Source
World Health Organization, Global Health Observatory
Licence
CC BY-NC-SA 3.0 IGO (WHO)
Coverage
191 places, 1,475 data points, 2008–2022
Last refreshed