International tourism, receipts (current US$) in Panama
Panama: International tourism, receipts was 1.84 billion current US$ in 2020. ◆ Volatile
International tourism, receipts in Panama, 1995–2020
Source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism. Measured in current US$.
Analysis
The most recent figure for international tourism, receipts in Panama is 1.84 billion current US$, measured in 2020.
That represents a change of down 73.9% on the previous year and down 29.8% over ten years.
Over the whole period, international tourism, receipts in Panama peaked at 7.14 billion current US$ in 2018 and was at its lowest, 372.00 million current US$, in 1995.
That places Panama 55th out of 195 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
International tourism, receipts in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 372.00 million current US$ | — |
| 1996 | 432.00 million current US$ | +16.1% |
| 1997 | 471.00 million current US$ | +9.0% |
| 1998 | 492.00 million current US$ | +4.5% |
| 1999 | 506.00 million current US$ | +2.8% |
| 2000 | 628.00 million current US$ | +24.1% |
| 2001 | 665.00 million current US$ | +5.9% |
| 2002 | 710.00 million current US$ | +6.8% |
| 2003 | 804.00 million current US$ | +13.2% |
| 2004 | 903.00 million current US$ | +12.3% |
| 2005 | 1.11 billion current US$ | +22.7% |
| 2006 | 1.43 billion current US$ | +28.6% |
| 2007 | 1.81 billion current US$ | +26.7% |
| 2008 | 2.21 billion current US$ | +22.3% |
| 2009 | 2.28 billion current US$ | +3.3% |
| 2010 | 2.62 billion current US$ | +15.0% |
| 2011 | 3.63 billion current US$ | +38.5% |
| 2012 | 4.58 billion current US$ | +26.3% |
| 2013 | 5.42 billion current US$ | +18.2% |
| 2014 | 5.75 billion current US$ | +6.1% |
| 2015 | 5.75 billion current US$ | +0.1% |
| 2016 | 6.28 billion current US$ | +9.2% |
| 2017 | 6.83 billion current US$ | +8.7% |
| 2018 | 7.14 billion current US$ | +4.6% |
| 2019 | 7.05 billion current US$ | -1.2% |
| 2020 | 1.84 billion current US$ | -73.9% |
Panama compared with similar countries
- Panama's 1.84 billion current US$ is above the median for high income countries, which is 1.76 billion current US$, 1.0× the median. (71 countries reporting)
- Panama's 1.84 billion current US$ is above the median for Latin America & Caribbean, which is 695.50 million current US$, 2.6× the median. (40 countries reporting)
Biggest year-on-year movements
Years where International tourism, receipts in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -73.9% | 7.05 billion current US$ | 1.84 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 454.60 million current US$ | 372.00 million current US$ | 506.00 million current US$ | 5 |
| 2000s | 1.25 billion current US$ | 628.00 million current US$ | 2.28 billion current US$ | 10 |
| 2010s | 5.51 billion current US$ | 2.62 billion current US$ | 7.14 billion current US$ | 10 |
| 2020s | 1.84 billion current US$ | 1.84 billion current US$ | 1.84 billion current US$ | 1 |
Countries ranked near Panama
More private sector data for Panama
- Merchandise trade 41.6% (2025)
- Food imports 18.7% (2024)
- Manufactures imports 60.2% (2024)
- Merchandise imports 25.76 billion current US$ (2025)
- Food exports 73.6% (2024)
- Manufactures exports 10.9% (2024)
- Merchandise exports 11.90 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,604 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -9.7 % change on previous year (2025)
Frequently asked questions
- What is international tourism, receipts in Panama?
- International tourism, receipts in Panama was 1.84 billion current US$ in 2020, according to Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism.
- What is the highest international tourism, receipts recorded in Panama?
- The highest recorded value was 7.14 billion current US$ in 2018.
- What is the lowest international tourism, receipts recorded in Panama?
- The lowest recorded value was 372.00 million current US$ in 1995.
- How does Panama rank for international tourism, receipts?
- Panama ranks 55th out of 195 countries with data for 2020.
- Is international tourism, receipts rising or falling in Panama?
- Over the last ten years it is down 29.8%. 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, receipts (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
International tourism receipts are expenditures by international inbound visitors, including payments to national carriers for international transport. These receipts include any other prepayment made for goods or services received in the destination country. They also may include receipts from same-day visitors, except when these are important enough to justify separate classification. For some countries they do not include receipts for passenger transport items. Data are in current U.S. dollars.