International tourism, expenditures for travel items in Panama

Panama: International tourism, expenditures for travel items was 465.00 million current US$ in 2020. β—† Volatile

Latest (2020)
465.00 million current US$
Change on year
down 67.1%
World rank
80th
of 191 countries
All-time high
1.41 billion current US$
in 2019
All-time low
121.00 million current US$
in 1995
Years of data
26
1995–2020

International tourism, expenditures for travel items in Panama, 1995–2020

0500.0M1.0B1.5B1995200720201995: 121.0M current US$1996: 140.0M current US$1997: 165.0M current US$1998: 181.0M current US$1999: 190.0M current US$2000: 188.0M current US$2001: 174.0M current US$2002: 179.0M current US$2003: 208.0M current US$2004: 239.0M current US$2005: 271.0M current US$2006: 271.0M current US$2007: 307.0M current US$2008: 366.0M current US$2009: 338.0M current US$2010: 398.0M current US$2011: 505.0M current US$2012: 415.0M current US$2013: 862.0M current US$2014: 942.0M current US$2015: 1.1B current US$2016: 1.1B current US$2017: 921.0M current US$2018: 1.2B current US$2019: 1.4B current US$2020: 465.0M current US$

Source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism. Measured in current US$.

Analysis

The most recent figure for international tourism, expenditures for travel items in Panama is 465.00 million current US$, measured in 2020.

That represents a change of down 67.1% on the previous year and up 16.8% over ten years.

Over the whole period, international tourism, expenditures for travel items in Panama peaked at 1.41 billion current US$ in 2019 and was at its lowest, 121.00 million current US$, in 1995.

Panama ranks 80th of 191 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 159.40 million current US$ 121.00 million current US$ 190.00 million current US$ 5
2000s 254.10 million current US$ 174.00 million current US$ 366.00 million current US$ 10
2010s 883.80 million current US$ 398.00 million current US$ 1.41 billion current US$ 10
2020s 465.00 million current US$ 465.00 million current US$ 465.00 million current US$ 1

Countries ranked near Panama

  1. 77 Mongolia 550.00 million current US$ compare
  2. 78 Chile 530.00 million current US$ compare
  3. 79 Iceland 519.00 million current US$ compare
  4. 81 Sri Lanka 449.00 million current US$ compare
  5. 82 Belarus 445.00 million current US$ compare
  6. 83 Lithuania 438.00 million current US$ compare

See the full ranking of 238 places β†’

More private sector data for Panama

All data for Panama β†’

Frequently asked questions

What is international tourism, expenditures for travel items in Panama?
International tourism, expenditures for travel items in Panama was 465.00 million current US$ in 2020, according to Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism.
What is the highest international tourism, expenditures for travel items recorded in Panama?
The highest recorded value was 1.41 billion current US$ in 2019.
What is the lowest international tourism, expenditures for travel items recorded in Panama?
The lowest recorded value was 121.00 million current US$ in 1995.
How does Panama rank for international tourism, expenditures for travel items?
Panama ranks 80th out of 191 countries with data for 2020.
Is international tourism, expenditures for travel items rising or falling in Panama?
Over the last ten years it is up 16.8%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism, published as part of International tourism, expenditures for travel items (current US$). Statizoid updates them automatically from the source API.

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International tourism, expenditures for travel items in Panama. Statizoid, drawing on Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism. Retrieved 19 August 2026, from https://private-sector.statizoid.com/stat/international-tourism-expenditures-for-travel-items-current-us/panama/

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About this data

Indicator
International tourism, expenditures for travel items (current US$)
Unit
current US$
Source
Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 5,590 data points, 1995–2020
Last refreshed

International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.