Tobacco Raise taxes: National taxes for tobacco and nicotine products in Panama

Panama: Tobacco Raise taxes: National taxes for tobacco and nicotine products was 43.48 in 2024. ▲ Rising

Latest (2024)
43.48
Change on year
unchanged
World rank
23rd
of 188 countries
All-time high
43.48
in 2012
All-time low
0
in 2010
Years of data
9
2008–2024

Tobacco Raise taxes: National taxes for tobacco and nicotine products in Panama, 2008–2024

0102030402008201620242008: 21.32010: 02012: 43.52014: 43.52016: 43.52018: 43.52020: 43.52022: 43.52024: 43.5

Source: World Health Organization, Global Health Observatory.

Analysis

Panama recorded 43.48 for tobacco raise taxes: national taxes for tobacco and nicotine products in 2024. That is the highest value across all 9 years on record.

Compared with earlier readings it is unchanged over ten years.

Over the whole period, tobacco raise taxes: national taxes for tobacco and nicotine products in Panama peaked at 43.48 in 2012 and was at its lowest, 0, in 2010.

Panama ranks 23rd of 188 countries on this measure, in the top quarter.

Tobacco Raise taxes: National taxes for tobacco and nicotine products in Panama, year by year

Annual values for Tobacco Raise taxes: National taxes for tobacco and nicotine products in Panama, 2008 to 2024.
Year Value Change
2008 21.33
2010 0 -100.0%
2012 43.48
2014 43.48 +0.0%
2016 43.48 +0.0%
2018 43.48 +0.0%
2020 43.48 +0.0%
2022 43.48 +0.0%
2024 43.48 +0.0%

Panama compared with similar countries

  • Panama's 43.48 is above the median for high income countries, which is 19.84, 2.2× the median. (61 countries reporting)
  • Panama's 43.48 is above the median for Latin America & Caribbean, which is 5.86, 7.4× the median. (30 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 21.33 21.33 21.33 1
2010s 34.78 0 43.48 5
2020s 43.48 43.48 43.48 3

Countries ranked near Panama

  1. 20 Yemen 47.37 compare
  2. 21 Saudi Arabia 46.51 compare
  3. 22 Eritrea 44.64 compare
  4. 24 Bosnia and Herzegovina 42 compare
  5. 25 Morocco 41.33 compare
  6. 26 Israel 39.44 compare

See the full ranking of 190 places →

More social development data for Panama

All data for Panama →

Frequently asked questions

What is tobacco raise taxes: national taxes for tobacco and nicotine products in Panama?
Tobacco raise taxes: national taxes for tobacco and nicotine products in Panama was 43.48 in 2024, according to World Health Organization, Global Health Observatory.
What is the highest tobacco raise taxes: national taxes for tobacco and nicotine products recorded in Panama?
The highest recorded value was 43.48 in 2012.
What is the lowest tobacco raise taxes: national taxes for tobacco and nicotine products recorded in Panama?
The lowest recorded value was 0 in 2010.
How does Panama rank for tobacco raise taxes: national taxes for tobacco and nicotine products?
Panama ranks 23rd out of 188 countries with data for 2024.
Is tobacco raise taxes: national taxes for tobacco and nicotine products 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 Tobacco Raise taxes: National taxes for tobacco and nicotine products. Statizoid updates them automatically from the source API.

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Tobacco Raise taxes: National taxes for tobacco and nicotine products in Panama. Statizoid, drawing on World Health Organization, Global Health Observatory. Retrieved 17 September 2026, from https://social-development.statizoid.com/stat/tobacco-raise-taxes-national-taxes-for-tobacco-and-nicotine-products/panama/

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About this data

Indicator
Tobacco Raise taxes: National taxes for tobacco and nicotine products
Source
World Health Organization, Global Health Observatory
Licence
CC BY-NC-SA 3.0 IGO (WHO)
Coverage
190 places, 1,651 data points, 2008–2024
Last refreshed