South Korea vs Panama: Spending by a country’s residents while travelling abroad, per unit

South Korea
0.0168 current US$ per US$ of GDP
in 2024
Panama
0.0165 current US$ per US$ of GDP
in 2024
South Korea rank
127th
Panama rank
130th

Spending by a country’s residents while travelling abroad, per unit over time

  • South Korea
  • Panama
00.0050.010.0150.020.025199520092024

How they compare

South Korea currently reports 0.0168 current US$ per US$ of GDP against 0.0165 current US$ per US$ of GDP in Panama, a difference of 0.0003 current US$ per US$ of GDP.

The two have swapped places 5 times across 30 shared years of data; in 1995 it was Panama ahead.

South Korea ranks 127th and Panama ranks 130th of 194 countries.

Panama has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade South Korea Panama Difference Ahead
1990s 0.0119 current US$ per US$ of GDP 0.0221 current US$ per US$ of GDP 0.0102 current US$ per US$ of GDP Panama
2000s 0.017 current US$ per US$ of GDP 0.0203 current US$ per US$ of GDP 0.0033 current US$ per US$ of GDP Panama
2010s 0.0184 current US$ per US$ of GDP 0.0205 current US$ per US$ of GDP 0.0021 current US$ per US$ of GDP Panama
2020s 0.0129 current US$ per US$ of GDP 0.0141 current US$ per US$ of GDP 0.0013 current US$ per US$ of GDP Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher spending by a country’s residents while travelling abroad, per unit, South Korea or Panama?
South Korea, at 0.0168 current US$ per US$ of GDP against 0.0165 current US$ per US$ of GDP in Panama as of 2024.
What is the difference in spending by a country’s residents while travelling abroad, per unit between South Korea and Panama?
0.0003 current US$ per US$ of GDP, with South Korea ahead.
How many years of comparable data are there for South Korea and Panama?
30 years are reported by both, from 1995 to 2024.
How do South Korea and Panama rank globally for spending by a country’s residents while travelling abroad, per unit?
South Korea ranks 127th and Panama ranks 130th of 194 countries.
Where does this data come from?
Statizoid (derived), published as Spending by a country’s residents while travelling abroad, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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South Korea vs Panama: Spending by a country’s residents while travelling abroad, per unit. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/compare/spending-by-a-country-s-residents-while-travelling-abroad-per-unit-of-gdp/korea-rep/panama/

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About this data

Indicator
Spending by a country’s residents while travelling abroad, per unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,539 data points, 1995–2024
Last refreshed

Spending by a country’s residents while travelling abroad divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.