Personal remittances and foreign aid received in Panama

Panama: Personal remittances and foreign aid received was 566.70 million current US$ in 2021. ◆ Volatile

Latest (2021)
566.70 million current US$
Change on year
up 46.6%
World rank
109th
of 193 countries
All-time high
756.40 million current US$
in 2014
All-time low
16.40 million current US$
in 2000
Years of data
45
1977–2021

Personal remittances and foreign aid received in Panama, 1977–2021

0200.0M400.0M600.0M800.0M1977199920211977: 103.7M current US$1978: 120.8M current US$1979: 135.7M current US$1980: 65.2M current US$1981: 61.7M current US$1982: 75.5M current US$1983: 78.1M current US$1984: 74.0M current US$1985: 99.0M current US$1986: 100.4M current US$1987: 104.4M current US$1988: 102.1M current US$1989: 102.1M current US$1990: 109.7M current US$1991: 108.1M current US$1992: 102.4M current US$1993: 108.7M current US$1994: 112.0M current US$1995: 112.0M current US$1996: 86.2M current US$1997: 64.3M current US$1998: 58.2M current US$1999: 48.3M current US$2000: 16.4M current US$2001: 73.1M current US$2002: 84.6M current US$2003: 106.8M current US$2004: 108.9M current US$2005: 129.6M current US$2006: 300.5M current US$2007: 355.3M current US$2008: 378.0M current US$2009: 337.0M current US$2010: 410.0M current US$2011: 368.2M current US$2012: 410.9M current US$2013: 461.4M current US$2014: 756.4M current US$2015: 554.2M current US$2016: 502.5M current US$2017: 533.4M current US$2018: 537.9M current US$2019: 580.9M current US$2020: 386.5M current US$2021: 566.7M current US$

Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data. Measured in current US$.

Analysis

Panama recorded 566.70 million current US$ for personal remittances and foreign aid received in 2021.

Compared with earlier readings it is up 46.6% on the previous year and up 53.9% over ten years.

Over the whole period, personal remittances and foreign aid received in Panama peaked at 756.40 million current US$ in 2014 and was at its lowest, 16.40 million current US$, in 2000.

Panama ranks 109th of 193 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
1970s 120.07 million current US$ 103.70 million current US$ 135.70 million current US$ 3
1980s 86.25 million current US$ 61.70 million current US$ 104.40 million current US$ 10
1990s 90.99 million current US$ 48.30 million current US$ 112.00 million current US$ 10
2000s 189.02 million current US$ 16.40 million current US$ 378.00 million current US$ 10
2010s 511.57 million current US$ 368.20 million current US$ 756.40 million current US$ 10
2020s 476.62 million current US$ 386.54 million current US$ 566.70 million current US$ 2

Countries ranked near Panama

  1. 106 Estonia 589.90 million current US$ compare
  2. 107 French Polynesia 581.56 million current US$ compare
  3. 108 Burkina Faso 570.95 million current US$ compare
  4. 110 Tanzania 558.43 million current US$ compare
  5. 111 Guyana 553.49 million current US$ compare
  6. 112 Gambia 547.05 million current US$ compare

See the full ranking of 193 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is personal remittances and foreign aid received in Panama?
Personal remittances and foreign aid received in Panama was 566.70 million current US$ in 2021, according to World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data.
What is the highest personal remittances and foreign aid received recorded in Panama?
The highest recorded value was 756.40 million current US$ in 2014.
What is the lowest personal remittances and foreign aid received recorded in Panama?
The lowest recorded value was 16.40 million current US$ in 2000.
How does Panama rank for personal remittances and foreign aid received?
Panama ranks 109th out of 193 countries with data for 2021.
Is personal remittances and foreign aid received rising or falling in Panama?
Over the last ten years it is up 53.9%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as part of Personal remittances and foreign aid received. Statizoid updates them automatically from the source API.

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About this data

Indicator
Personal remittances and foreign aid received
Unit
current US$
Source
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.