Luxembourg vs Panama: Spending by a country’s residents while travelling abroad, annual
Luxembourg
3.02 % change on previous year
in 2024
Panama
3.95 % change on previous year
in 2024
Luxembourg rank
142nd
Panama rank
139th
Spending by a country’s residents while travelling abroad, annual over time
- Luxembourg
- Panama
How they compare
Panama currently reports 3.95 % change on previous year against 3.02 % change on previous year in Luxembourg, a difference of 0.93 % change on previous year.
That makes Panama's figure about 1.3 times Luxembourg's.
The two have swapped places 15 times across 22 shared years of data; in 2003 it was Luxembourg ahead.
Luxembourg ranks 142nd and Panama ranks 139th of 191 countries.
Across the 3 decades both report, Luxembourg averaged higher in 1 and Panama in 2.
Head to head by decade
| Decade | Luxembourg | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 8.44 % change on previous year | 11.09 % change on previous year | 2.65 % change on previous year | Panama |
| 2010s | 4.13 % change on previous year | 14.94 % change on previous year | 10.82 % change on previous year | Panama |
| 2020s | 13.09 % change on previous year | 7.26 % change on previous year | 5.83 % change on previous year | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher spending by a country’s residents while travelling abroad, annual, Luxembourg or Panama?
- Panama, at 3.95 % change on previous year against 3.02 % change on previous year in Luxembourg as of 2024.
- What is the difference in spending by a country’s residents while travelling abroad, annual between Luxembourg and Panama?
- 0.93 % change on previous year, with Panama ahead.
- How many years of comparable data are there for Luxembourg and Panama?
- 22 years are reported by both, from 2003 to 2024.
- How do Luxembourg and Panama rank globally for spending by a country’s residents while travelling abroad, annual?
- Luxembourg ranks 142nd and Panama ranks 139th of 191 countries.
- Where does this data come from?
- Statizoid (derived), published as Spending by a country’s residents while travelling abroad, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Spending by a country’s residents while travelling abroad. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.