Remittances in Panama
Panama: Remittances was 0.7013 in 2025. ◆ Volatile
Remittances in Panama, 1977–2025
Source: Our World in Data.
Analysis
Panama recorded 0.7013 for remittances in 2025.
That represents a change of up 14.2% on the previous year and down 29.4% over ten years.
Over the whole period, remittances in Panama peaked at 3.79 in 1977 and was at its lowest, 0.137, in 2000.
Panama ranks 138th of 194 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.
Remittances in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1977 | 3.79 | — |
| 1978 | 3.72 | -1.7% |
| 1979 | 3.66 | -1.6% |
| 1980 | 1.41 | -61.4% |
| 1981 | 1.18 | -16.4% |
| 1982 | 1.31 | +10.8% |
| 1983 | 1.32 | +0.8% |
| 1984 | 1.2 | -9.2% |
| 1985 | 1.51 | +26.5% |
| 1986 | 1.48 | -2.4% |
| 1987 | 1.53 | +3.5% |
| 1988 | 1.73 | +13.1% |
| 1989 | 1.73 | -0.3% |
| 1990 | 1.71 | -1.2% |
| 1991 | 1.53 | -10.4% |
| 1992 | 1.27 | -16.7% |
| 1993 | 1.24 | -2.8% |
| 1994 | 1.2 | -3.4% |
| 1995 | 1.17 | -2.2% |
| 1996 | 0.9372 | -19.9% |
| 1997 | 0.6392 | -31.8% |
| 1998 | 0.5282 | -17.4% |
| 1999 | 0.4142 | -21.6% |
| 2000 | 0.137 | -66.9% |
| 2001 | 0.5966 | +335.3% |
| 2002 | 0.6609 | +10.8% |
| 2003 | 0.7851 | +18.8% |
| 2004 | 0.7212 | -8.1% |
| 2005 | 0.7796 | +8.1% |
| 2006 | 1.61 | +106.6% |
| 2007 | 1.64 | +1.6% |
| 2008 | 1.47 | -10.2% |
| 2009 | 1.21 | -17.5% |
| 2010 | 1.36 | +11.8% |
| 2011 | 1.03 | -23.9% |
| 2012 | 0.9878 | -4.3% |
| 2013 | 0.9828 | -0.5% |
| 2014 | 1.47 | +49.7% |
| 2015 | 0.9938 | -32.4% |
| 2016 | 0.8409 | -15.4% |
| 2017 | 0.8291 | -1.4% |
| 2018 | 0.799 | -3.6% |
| 2019 | 0.8324 | +4.2% |
| 2020 | 0.6774 | -18.6% |
| 2021 | 0.8408 | +24.1% |
| 2022 | 0.6883 | -18.1% |
| 2023 | 0.6153 | -10.6% |
| 2024 | 0.6144 | -0.1% |
| 2025 | 0.7013 | +14.2% |
Panama compared with similar countries
- Panama's 0.7013 is above the median for high income countries, which is 0.7013, 1.0× the median. (69 countries reporting)
- Panama's 0.7013 is below the median for Latin America & Caribbean, which is 2.87, 24% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Remittances 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 | +335.3% | 0.137 | 0.5966 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.72 | 3.66 | 3.79 | 3 |
| 1980s | 1.44 | 1.18 | 1.73 | 10 |
| 1990s | 1.06 | 0.4142 | 1.71 | 10 |
| 2000s | 0.9609 | 0.137 | 1.64 | 10 |
| 2010s | 1.01 | 0.799 | 1.47 | 10 |
| 2020s | 0.6896 | 0.6144 | 0.8408 | 6 |
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 remittances in Panama?
- Remittances in Panama was 0.7013 in 2025, according to Our World in Data.
- What is the highest remittances recorded in Panama?
- The highest recorded value was 3.79 in 1977.
- What is the lowest remittances recorded in Panama?
- The lowest recorded value was 0.137 in 2000.
- How does Panama rank for remittances?
- Panama ranks 138th out of 194 countries with data for 2025.
- Is remittances rising or falling in Panama?
- Over the last ten years it is down 29.4%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).