Economy Country April 19, 2025

Panama Reports Tax Revenues of $836.4 Million

In Panama, non-tax revenues reached $274.1 million, showing a 14.8% deficit compared to projections. The total tax revenue stands at $836.4 million.


Panama Reports Tax Revenues of $836.4 Million

A total of $274.1 million entered the Panamanian state as non-tax revenues, a figure that represents a deficit of 14.8% compared to what was estimated.

On the other hand, tax revenues reached $836.4 million, which shows a different situation compared to non-tax revenues. This amount of tax income was not accompanied by a detailed breakdown by each type of tax.

In the words of a representative of the tax administration: "It is important to continue working to improve collection and ensure that the necessary resources reach the areas that need them most."

These financial data show part of the economic reality of the country and the need to continue strengthening the tax system to ensure a continuous flow of income to the State.