Panama - Motor Vehicles Environmental Tax

Since 2014, Panama Motor Vehicles Environmental Tax fell by 1.9points year on year. At 0.32 Percent of GDP in 2019, the country was ranked number 37 among other countries in Motor Vehicles Environmental Tax. Panama is overtaken by Bulgaria, which was number 36 at 0.34 Percent of GDP and is followed by Serbia with 0.31 Percent of GDP. Ecuador lead the ranking with 1.82 Percent of GDP in 2019, that is a growth of 3.7points compared to 2018. Mauritius, Denmark and Turkey respectively ranked number 2, 3 and 4 in this ranking. Paraguay recorded the best 5 years average growth at +88.5points per year, while Lithuania was the worst growing country at -21.5points per year.

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Date Percent of GDP
2019 0.32
2018 0.32
2017 0.32
2016 0.32
2015 0.34
Download all data from 1994 to 2019

How does Panama rank in Motor Vehicles Environmental Tax?

# 71 Countries Percent of GDP Last YoY 5‑years CAGR
1 #1
Ecuador
1.82 % 2019 +3.7 % +0.1 % View data
2 #2
Mauritius
1.62 % 2019 +1.1 % +0.7 % View data
36 #36
Bulgaria
0.34 % 2019 +2.3 % +3.5 % View data
37 #37
Panama
0.32 % 2019 -0.3 % -1.9 % View data
38 #38
Serbia
0.31 % 2019 +1.9 % +2.1 % View data
Compare all 71 countries

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