International tourism, receipts (% of total exports) in Panama
Panama: International tourism, receipts (% of total exports) was 9.3% in 2020. ▲ Rising
International tourism, receipts in Panama, 1995–2020
Source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism. Measured in % of total exports.
Analysis
The most recent figure for international tourism, receipts in Panama is 9.3%, measured in 2020.
That represents a change of down 62.6% on the previous year and down 25.6% over ten years.
Over the whole period, international tourism, receipts in Panama peaked at 25.2% in 2018 and was at its lowest, 4.9%, in 1995.
That places Panama 67th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
International tourism, receipts (% of total exports) in Panama, year by year
| Year | % of total exports | Change |
|---|---|---|
| 1995 | 4.9% | — |
| 1996 | 5.8% | +19.2% |
| 1997 | 5.6% | -3.5% |
| 1998 | 6.0% | +6.5% |
| 1999 | 7.1% | +18.5% |
| 2000 | 8.0% | +13.1% |
| 2001 | 8.3% | +3.9% |
| 2002 | 9.4% | +12.3% |
| 2003 | 10.6% | +13.0% |
| 2004 | 10.2% | -3.7% |
| 2005 | 10.4% | +2.7% |
| 2006 | 11.4% | +9.3% |
| 2007 | 11.7% | +2.7% |
| 2008 | 11.2% | -4.8% |
| 2009 | 12.0% | +7.1% |
| 2010 | 12.5% | +4.6% |
| 2011 | 13.1% | +4.8% |
| 2012 | 14.7% | +12.6% |
| 2013 | 17.8% | +20.9% |
| 2014 | 20.3% | +14.1% |
| 2015 | 22.1% | +8.5% |
| 2016 | 24.9% | +12.9% |
| 2017 | 25.1% | +0.9% |
| 2018 | 25.2% | +0.3% |
| 2019 | 24.8% | -1.6% |
| 2020 | 9.3% | -62.6% |
Panama compared with similar countries
- Panama's 9.3% is above the median for high income countries, which is 4.2%, 2.2× the median. (65 countries reporting)
- Panama's 9.3% is above the median for Latin America & Caribbean, which is 8.5%, 1.1× the median. (34 countries reporting)
Biggest year-on-year movements
Years where International tourism, receipts (% of total exports) 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 | -62.6% | 24.8% | 9.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.9% | 4.9% | 7.1% | 5 |
| 2000s | 10.3% | 8.0% | 12.0% | 10 |
| 2010s | 20.1% | 12.5% | 25.2% | 10 |
| 2020s | 9.3% | 9.3% | 9.3% | 1 |
Countries ranked near Panama
More private sector data for Panama
- Merchandise trade 41.6% (2025)
- Food imports 19.0% (2025)
- Manufactures imports 60.7% (2025)
- Merchandise imports 25.76 billion current US$ (2025)
- Commercial service imports 5.82 billion current US$ (2025)
- Food exports 49.6% (2025)
- Manufactures exports 12.6% (2025)
- Merchandise exports 11.90 billion current US$ (2025)
- Commercial service exports 20.06 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,604 current US$ per person (2025)
Frequently asked questions
- What is international tourism, receipts in Panama?
- International tourism, receipts in Panama was 9.3% 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 25.2% in 2018.
- What is the lowest international tourism, receipts recorded in Panama?
- The lowest recorded value was 4.9% in 1995.
- How does Panama rank for international tourism, receipts?
- Panama ranks 67th out of 183 countries with data for 2020.
- Is international tourism, receipts rising or falling in Panama?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is rising.
- 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 (% of total exports). Statizoid updates them automatically from the source API.
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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. Their share in exports is calculated as a ratio to exports of goods and services, which comprise all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, goods sent for processing and repairs, nonmonetary gold, and services.