Colombia vs Panama: Spending by international visitors while visiting a country

Colombia
10.12 billion current US$
in 2024
Panama
9.08 billion current US$
in 2024
Colombia rank
40th
Panama rank
43rd

Spending by international visitors while visiting a country over time

  • Colombia
  • Panama
02.0B4.0B6.0B8.0B10.0B199520092024

How they compare

Colombia currently reports 10.12 billion current US$ against 9.08 billion current US$ in Panama, a difference of 1.04 billion current US$.

That makes Colombia's figure about 1.1 times Panama's.

The two have swapped places 4 times across 30 shared years of data; in 1995 it was Colombia ahead.

Colombia ranks 40th and Panama ranks 43rd of 203 countries.

Across the 4 decades both report, Colombia averaged higher in 3 and Panama in 1.

Head to head by decade

Decade Colombia Panama Difference Ahead
1990s 1.20 billion current US$ 454.60 million current US$ 747.60 million current US$ Colombia
2000s 1.97 billion current US$ 1.25 billion current US$ 714.50 million current US$ Colombia
2010s 5.17 billion current US$ 5.51 billion current US$ 332.50 million current US$ Panama
2020s 6.31 billion current US$ 6.11 billion current US$ 206.51 million current US$ Colombia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher spending by international visitors while visiting a country, Colombia or Panama?
Colombia, at 10.12 billion current US$ against 9.08 billion current US$ in Panama as of 2024.
What is the difference in spending by international visitors while visiting a country between Colombia and Panama?
1.04 billion current US$, with Colombia ahead.
How many years of comparable data are there for Colombia and Panama?
30 years are reported by both, from 1995 to 2024.
How do Colombia and Panama rank globally for spending by international visitors while visiting a country?
Colombia ranks 40th and Panama ranks 43rd of 203 countries.
Where does this data come from?
UN Tourism (2025) – processed by Our World in Data, published as Spending by international visitors while visiting a country. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Spending by international visitors while visiting a country
Unit
current US$
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
203 places, 4,579 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, local transport, entertainment, shopping, and fares paid to the country’s own airlines. The data is expressed in current US dollars and is not adjusted for inflation or differences in living costs between countries.