International tourism, expenditures in Panama

Panama: International tourism, expenditures was 601.00 million current US$ in 2020. ◆ Volatile

Latest (2020)
601.00 million current US$
Change on year
down 63.0%
World rank
85th
of 192 countries
All-time high
1.62 billion current US$
in 2019
All-time low
181.00 million current US$
in 1995
Years of data
26
1995–2020

International tourism, expenditures in Panama, 1995–2020

0500.0M1.0B1.5B1995200720201995: 181.0M current US$1996: 210.0M current US$1997: 243.0M current US$1998: 245.0M current US$1999: 259.0M current US$2000: 241.0M current US$2001: 227.0M current US$2002: 252.0M current US$2003: 267.0M current US$2004: 294.0M current US$2005: 388.0M current US$2006: 403.0M current US$2007: 457.0M current US$2008: 560.0M current US$2009: 503.0M current US$2010: 575.0M current US$2011: 679.0M current US$2012: 591.0M current US$2013: 1.1B current US$2014: 1.1B current US$2015: 1.3B current US$2016: 1.4B current US$2017: 1.1B current US$2018: 1.4B current US$2019: 1.6B current US$2020: 601.0M current US$

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

Analysis

Panama recorded 601.00 million current US$ for international tourism, expenditures in 2020.

That represents a change of down 63.0% on the previous year and up 4.5% over ten years.

Over the whole period, international tourism, expenditures in Panama peaked at 1.62 billion current US$ in 2019 and was at its lowest, 181.00 million current US$, in 1995.

Panama ranks 85th of 192 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 227.60 million current US$ 181.00 million current US$ 259.00 million current US$ 5
2000s 359.20 million current US$ 227.00 million current US$ 560.00 million current US$ 10
2010s 1.08 billion current US$ 575.00 million current US$ 1.62 billion current US$ 10
2020s 601.00 million current US$ 601.00 million current US$ 601.00 million current US$ 1

Countries ranked near Panama

  1. 82 Estonia 676.00 million current US$ compare
  2. 83 Bangladesh 659.00 million current US$ compare
  3. 84 Lithuania 643.00 million current US$ compare
  4. 86 Brunei 585.00 million current US$ compare
  5. 87 Mongolia 573.00 million current US$ compare
  6. 88 Palestine 567.00 million current US$ compare

See the full ranking of 231 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is international tourism, expenditures in Panama?
International tourism, expenditures in Panama was 601.00 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 recorded in Panama?
The highest recorded value was 1.62 billion current US$ in 2019.
What is the lowest international tourism, expenditures recorded in Panama?
The lowest recorded value was 181.00 million current US$ in 1995.
How does Panama rank for international tourism, expenditures?
Panama ranks 85th out of 192 countries with data for 2020.
Is international tourism, expenditures rising or falling in Panama?
Over the last ten years it is up 4.5%. 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 (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
International tourism, expenditures (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
231 places, 4,778 data points, 1995–2020
Last refreshed

International tourism expenditures are expenditures of international outbound visitors in other countries, including payments to foreign carriers for international transport. These expenditures may include those by residents traveling abroad as same-day visitors, except in cases where these are important enough to justify separate classification. For some countries they do not include expenditures for passenger transport items. Data are in current U.S. dollars.