International tourism, receipts in Panama

Panama: International tourism, receipts was 1.84 billion current US$ in 2020. ◆ Volatile

Latest (2020)
1.84 billion current US$
Change on year
down 73.9%
World rank
55th
of 195 countries
All-time high
7.14 billion current US$
in 2018
All-time low
372.00 million current US$
in 1995
Years of data
26
1995–2020

International tourism, receipts in Panama, 1995–2020

02.0B4.0B6.0B8.0B1995200720201995: 372.0M current US$1996: 432.0M current US$1997: 471.0M current US$1998: 492.0M current US$1999: 506.0M current US$2000: 628.0M current US$2001: 665.0M current US$2002: 710.0M current US$2003: 804.0M current US$2004: 903.0M current US$2005: 1.1B current US$2006: 1.4B current US$2007: 1.8B current US$2008: 2.2B current US$2009: 2.3B current US$2010: 2.6B current US$2011: 3.6B current US$2012: 4.6B current US$2013: 5.4B current US$2014: 5.7B current US$2015: 5.8B current US$2016: 6.3B current US$2017: 6.8B current US$2018: 7.1B current US$2019: 7.1B current US$2020: 1.8B current US$

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, 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 52 Norway 2.20 billion current US$ compare
  2. 53 Jamaica 2.06 billion current US$ compare
  3. 54 Colombia 1.96 billion current US$ compare
  4. 56 Syria 1.82 billion current US$ compare
  5. 57 Bulgaria 1.79 billion current US$ compare
  6. 58 Kenya 1.76 billion 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, 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.

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About this data

Indicator
International tourism, receipts (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, 4,930 data points, 1995–2020
Last refreshed

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.