International tourism, receipts for travel items (current US$) in Panama

Panama: International tourism, receipts for travel items (current US$) was 1.12 billion current US$ in 2020. ◆ Volatile

Latest (2020)
1.12 billion current US$
Change on year
down 75.3%
World rank
67th
of 191 countries
All-time high
4.62 billion current US$
in 2018
All-time low
309.00 million current US$
in 1995
Years of data
26
1995–2020

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

01.0B2.0B3.0B4.0B5.0B1995200720201995: 309.0M current US$1996: 360.0M current US$1997: 377.0M current US$1998: 382.0M current US$1999: 396.0M current US$2000: 458.0M current US$2001: 477.0M current US$2002: 513.0M current US$2003: 585.0M current US$2004: 651.0M current US$2005: 780.0M current US$2006: 960.0M current US$2007: 1.2B current US$2008: 1.4B current US$2009: 1.5B current US$2010: 1.7B current US$2011: 2.5B current US$2012: 3.1B current US$2013: 3.5B current US$2014: 3.7B current US$2015: 3.9B current US$2016: 4.2B current US$2017: 4.4B current US$2018: 4.6B current US$2019: 4.5B current US$2020: 1.1B current US$

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

Analysis

Panama recorded 1.12 billion current US$ for international tourism, receipts for travel items in 2020.

Compared with earlier readings it is down 75.3% on the previous year and down 36.0% over ten years.

Over the whole period, international tourism, receipts for travel items in Panama peaked at 4.62 billion current US$ in 2018 and was at its lowest, 309.00 million current US$, in 1995.

Panama ranks 67th 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.

International tourism, receipts for travel items (current US$) in Panama, year by year

Annual values for International tourism, receipts for travel items (current US$) in Panama, 1995 to 2020.
Year current US$ Change
1995 309.00 million current US$ —
1996 360.00 million current US$ +16.5%
1997 377.00 million current US$ +4.7%
1998 382.00 million current US$ +1.3%
1999 396.00 million current US$ +3.7%
2000 458.00 million current US$ +15.7%
2001 477.00 million current US$ +4.1%
2002 513.00 million current US$ +7.5%
2003 585.00 million current US$ +14.0%
2004 651.00 million current US$ +11.3%
2005 780.00 million current US$ +19.8%
2006 960.00 million current US$ +23.1%
2007 1.19 billion current US$ +23.4%
2008 1.41 billion current US$ +18.8%
2009 1.48 billion current US$ +5.4%
2010 1.75 billion current US$ +17.6%
2011 2.52 billion current US$ +44.4%
2012 3.06 billion current US$ +21.6%
2013 3.53 billion current US$ +15.3%
2014 3.73 billion current US$ +5.5%
2015 3.95 billion current US$ +5.9%
2016 4.23 billion current US$ +7.2%
2017 4.42 billion current US$ +4.4%
2018 4.62 billion current US$ +4.4%
2019 4.52 billion current US$ -2.1%
2020 1.12 billion current US$ -75.3%

Panama compared with similar countries

  • Panama's 1.12 billion current US$ is below the median for high income countries, which is 1.53 billion current US$, 73% of the median. (68 countries reporting)
  • Panama's 1.12 billion current US$ is above the median for Latin America & Caribbean, which is 450.00 million current US$, 2.5× the median. (37 countries reporting)

Biggest year-on-year movements

Years where International tourism, receipts for travel items (current US$) 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.

YearChange FromTo
2020 -75.3% 4.52 billion current US$ 1.12 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 364.80 million current US$ 309.00 million current US$ 396.00 million current US$ 5
2000s 850.10 million current US$ 458.00 million current US$ 1.48 billion current US$ 10
2010s 3.63 billion current US$ 1.75 billion current US$ 4.62 billion current US$ 10
2020s 1.12 billion current US$ 1.12 billion current US$ 1.12 billion current US$ 1

Countries ranked near Panama

  1. 64 Cuba 1.14 billion current US$ compare
  2. 65 Albania 1.13 billion current US$ compare
  3. 66 Barbados 1.12 billion current US$ compare
  4. 68 Aruba 1.08 billion current US$ compare
  5. 69 Uruguay 1.05 billion current US$ compare
  6. 70 Ethiopia 1.03 billion current US$ compare

See the full ranking of 236 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is international tourism, receipts for travel items in Panama?
International tourism, receipts for travel items in Panama was 1.12 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 for travel items recorded in Panama?
The highest recorded value was 4.62 billion current US$ in 2018.
What is the lowest international tourism, receipts for travel items recorded in Panama?
The lowest recorded value was 309.00 million current US$ in 1995.
How does Panama rank for international tourism, receipts for travel items?
Panama ranks 67th out of 191 countries with data for 2020.
Is international tourism, receipts for travel items rising or falling in Panama?
Over the last ten years it is down 36.0%. 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 for travel items (current US$). Statizoid updates them automatically from the source API.

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International tourism, receipts for travel items in Panama. Statizoid, drawing on Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism. Retrieved 08 November 2026, from https://private-sector.statizoid.com/stat/international-tourism-receipts-for-travel-items-current-us/panama/

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About this data

Indicator
International tourism, receipts 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
236 places, 5,659 data points, 1995–2020
Last refreshed

International tourism receipts for travel items are expenditures by international inbound visitors in the reporting economy. 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 receipts should include any other prepayment made for goods or services received in the destination country. They also may include receipts from 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.