Ratio of inbound to outbound tourist trips in Panama

Panama: Ratio of inbound to outbound tourist trips was 1.75 ratio in 2022. ▼ Falling

Latest (2022)
1.75 ratio
Change on year
up 65.0%
World rank
38th
of 107 countries
All-time high
3.59 ratio
in 2012
All-time low
1.03 ratio
in 2020
Years of data
28
1995–2022

Ratio of inbound to outbound tourist trips in Panama, 1995–2022

12341995200820221995: 1.9 ratio1996: 1.9 ratio1997: 2.2 ratio1998: 2 ratio1999: 2.1 ratio2000: 2.2 ratio2001: 2.6 ratio2002: 2.7 ratio2003: 2.5 ratio2004: 2.4 ratio2005: 2.5 ratio2006: 3 ratio2007: 3.5 ratio2008: 3.4 ratio2009: 3.6 ratio2010: 3.4 ratio2011: 3.6 ratio2012: 3.6 ratio2013: 2.7 ratio2014: 2 ratio2015: 2.2 ratio2016: 1.8 ratio2017: 2.1 ratio2018: 1.8 ratio2019: 1.4 ratio2020: 1 ratio2021: 1.1 ratio2022: 1.7 ratio

Source: UN Tourism (2025) – processed by Our World in Data. Measured in ratio.

Analysis

The most recent figure for ratio of inbound to outbound tourist trips in Panama is 1.75 ratio, measured in 2022.

That represents a change of up 65.0% on the previous year and down 51.3% over ten years.

Over the whole period, ratio of inbound to outbound tourist trips in Panama peaked at 3.59 ratio in 2012 and was at its lowest, 1.03 ratio, in 2020.

Panama ranks 38th of 107 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 28 years of available data.

Ratio of inbound to outbound tourist trips in Panama, year by year

Annual values for Ratio of inbound to outbound tourist trips in Panama, 1995 to 2022.
Year ratio Change
1995 1.86 ratio —
1996 1.93 ratio +3.3%
1997 2.17 ratio +12.7%
1998 2.04 ratio -5.9%
1999 2.07 ratio +1.2%
2000 2.24 ratio +8.4%
2001 2.6 ratio +15.8%
2002 2.67 ratio +2.9%
2003 2.49 ratio -6.6%
2004 2.43 ratio -2.7%
2005 2.46 ratio +1.5%
2006 2.97 ratio +20.5%
2007 3.51 ratio +18.3%
2008 3.38 ratio -3.8%
2009 3.57 ratio +5.7%
2010 3.38 ratio -5.4%
2011 3.56 ratio +5.3%
2012 3.59 ratio +1.0%
2013 2.68 ratio -25.4%
2014 2.05 ratio -23.6%
2015 2.19 ratio +6.9%
2016 1.83 ratio -16.4%
2017 2.12 ratio +16.0%
2018 1.75 ratio -17.5%
2019 1.43 ratio -18.3%
2020 1.03 ratio -27.8%
2021 1.06 ratio +2.7%
2022 1.75 ratio +65.0%

Panama compared with similar countries

  • Panama's 1.75 ratio is above the median for high income countries, which is 1.36 ratio, 1.3× the median. (50 countries reporting)
  • Panama's 1.75 ratio is above the median for Latin America & Caribbean, which is 1.33 ratio, 1.3× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.01 ratio 1.86 ratio 2.17 ratio 5
2000s 2.83 ratio 2.24 ratio 3.57 ratio 10
2010s 2.46 ratio 1.43 ratio 3.59 ratio 10
2020s 1.28 ratio 1.03 ratio 1.75 ratio 3

Countries ranked near Panama

  1. 35 Tunisia 1.94 ratio compare
  2. 36 Egypt 1.91 ratio compare
  3. 37 Austria 1.87 ratio compare
  4. 39 El Salvador 1.69 ratio compare
  5. 40 Honduras 1.69 ratio compare
  6. 41 Italy 1.67 ratio compare

See the full ranking of 107 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is ratio of inbound to outbound tourist trips in Panama?
Ratio of inbound to outbound tourist trips in Panama was 1.75 ratio in 2022, according to UN Tourism (2025) – processed by Our World in Data.
What is the highest ratio of inbound to outbound tourist trips recorded in Panama?
The highest recorded value was 3.59 ratio in 2012.
What is the lowest ratio of inbound to outbound tourist trips recorded in Panama?
The lowest recorded value was 1.03 ratio in 2020.
How does Panama rank for ratio of inbound to outbound tourist trips?
Panama ranks 38th out of 107 countries with data for 2022.
Is ratio of inbound to outbound tourist trips rising or falling in Panama?
Over the last ten years it is down 51.3%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from UN Tourism (2025) – processed by Our World in Data, published as part of Ratio of inbound to outbound tourist trips. Statizoid updates them automatically from the source API.

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Ratio of inbound to outbound tourist trips in Panama. Statizoid, drawing on UN Tourism (2025) – processed by Our World in Data. Retrieved 29 September 2026, from https://reference.statizoid.com/stat/ratio-of-inbound-to-outbound-tourists/panama/

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About this data

Indicator
Ratio of inbound to outbound tourist trips
Unit
ratio
Source
UN Tourism (2025) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
107 places, 2,238 data points, 1995–2024
Last refreshed

Tourist trips refer to the number of trips made by individuals traveling abroad and staying overnight. A country with a ratio greater than one has more incoming than outgoing tourists (i.e. has more visitors than locals leaving).