LR · AfricaPA · Americas

Liberia vs Panama: tax rates compared

There's no gap here — Liberia and Panama both post an income tax rate of 25%. The 200-country average is 28%: both sit below it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income25%Corporate25%Capital Gains10%25%Wealth Tax0%
four shared taxes, side by side
Tax LR PADifference
Income Tax25%25%match
Corporate Tax25%25%match
Capital Gains Tax25%10%LR +15 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Liberia25%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Taxes on personal income) · as of 2026-01-14
Panama25%Source: PWC Worldwide Tax Summaries — Panama (Individual, Taxes on personal income) · as of 2026-01-18
Difference0 ppdisplayed rates match

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Liberia25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Panama25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference0 ppdisplayed rates match

There's no gap here — Liberia and Panama both post a corporate tax rate of 25%. The 201-country average is 22.6%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Liberia25%Source: PWC Worldwide Tax Summaries — Republic of Liberia (Individual, Taxes on personal income) · as of 2026-01-14
Panama10%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference+15 ppLiberia higher

Between the two, Liberia's capital gains tax rate (25%) tops Panama's (10%) by 15pp. The 175-country average is 10.3%: Liberia sits above it, Panama sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Liberia0%Source: PWC Worldwide Tax Summaries — Liberia, Republic of (Individual, Other taxes) · as of 2026-01-14
Panama0%Source: PWC Worldwide Tax Summaries — Panama (Individual, Other taxes) · as of 2026-01-18
Difference0 ppdisplayed rates match

There's no gap here — Liberia and Panama both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: VAT, Crypto Tax.