Scorecard

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Panama

Overall Score, 2022

2.63
out of
5

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Overall Score
2022

Panama scores better than the average scores of countries in its region and income group, and higher than the global average, yet there is ample room for improvement relative to top performing countries.

Component Score
2022

Panama scores well in cigarette price but scores poorly in affordability change, tax share, and tax structure. It would greatly benefit from reducing the cigarette affordability, increasing the tax share of price, and improving the tax structure.

Scores Over Time

Panama's overall score increased in 2022 after remaining constant between 2014 and 2020. The increase was due to an increase in the affordability change score and the cigarette price score.

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