Personal remittances and foreign aid received in Panama
Panama: Personal remittances and foreign aid received was 566.70 million current US$ in 2021. ◆ Volatile
Personal remittances and foreign aid received in Panama, 1977–2021
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$, in 2000.
Panama ranks 109th of 193 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances and foreign aid received in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1977 | 103.70 million current US$ | — |
| 1978 | 120.80 million current US$ | +16.5% |
| 1979 | 135.70 million current US$ | +12.3% |
| 1980 | 65.20 million current US$ | -52.0% |
| 1981 | 61.70 million current US$ | -5.4% |
| 1982 | 75.50 million current US$ | +22.4% |
| 1983 | 78.10 million current US$ | +3.4% |
| 1984 | 74.00 million current US$ | -5.2% |
| 1985 | 99.00 million current US$ | +33.8% |
| 1986 | 100.40 million current US$ | +1.4% |
| 1987 | 104.40 million current US$ | +4.0% |
| 1988 | 102.10 million current US$ | -2.2% |
| 1989 | 102.10 million current US$ | +0.0% |
| 1990 | 109.70 million current US$ | +7.4% |
| 1991 | 108.10 million current US$ | -1.5% |
| 1992 | 102.40 million current US$ | -5.3% |
| 1993 | 108.70 million current US$ | +6.2% |
| 1994 | 112.00 million current US$ | +3.0% |
| 1995 | 112.00 million current US$ | +0.0% |
| 1996 | 86.20 million current US$ | -23.0% |
| 1997 | 64.30 million current US$ | -25.4% |
| 1998 | 58.20 million current US$ | -9.5% |
| 1999 | 48.30 million current US$ | -17.0% |
| 2000 | 16.40 million current US$ | -66.0% |
| 2001 | 73.10 million current US$ | +345.7% |
| 2002 | 84.60 million current US$ | +15.7% |
| 2003 | 106.80 million current US$ | +26.2% |
| 2004 | 108.90 million current US$ | +2.0% |
| 2005 | 129.60 million current US$ | +19.0% |
| 2006 | 300.50 million current US$ | +131.9% |
| 2007 | 355.30 million current US$ | +18.2% |
| 2008 | 378.00 million current US$ | +6.4% |
| 2009 | 337.00 million current US$ | -10.8% |
| 2010 | 410.00 million current US$ | +21.7% |
| 2011 | 368.20 million current US$ | -10.2% |
| 2012 | 410.90 million current US$ | +11.6% |
| 2013 | 461.40 million current US$ | +12.3% |
| 2014 | 756.40 million current US$ | +63.9% |
| 2015 | 554.20 million current US$ | -26.7% |
| 2016 | 502.52 million current US$ | -9.3% |
| 2017 | 533.36 million current US$ | +6.1% |
| 2018 | 537.88 million current US$ | +0.8% |
| 2019 | 580.85 million current US$ | +8.0% |
| 2020 | 386.54 million current US$ | -33.5% |
| 2021 | 566.70 million current US$ | +46.6% |
Panama compared with similar countries
- Panama's 566.70 million current US$ is below the median for high income countries, which is 688.87 million current US$, 82% of the median. (67 countries reporting)
- Panama's 566.70 million current US$ is above the median for Latin America & Caribbean, which is 416.24 million current US$, 1.4× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Personal remittances and foreign aid received in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +345.7% | 16.40 million current US$ | 73.10 million current US$ |
| 2006 | +131.9% | 129.60 million current US$ | 300.50 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
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.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
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$.