Spending by a country’s residents while travelling abroad, per square in Panama

Panama: Spending by a country’s residents while travelling abroad, per square was 18,476 current US$ per square kilometre in 2023. ◆ Volatile

Latest (2023)
18,476 current US$ per square kilometre
Change on year
up 19.8%
World rank
85th
of 189 countries
All-time high
22,014 current US$ per square kilometre
in 2019
All-time low
2,435 current US$ per square kilometre
in 1995
Years of data
29
1995–2023

Spending by a country’s residents while travelling abroad, per square in Panama, 1995–2023

05.0k10.0k15.0k20.0k1995200920231995: 2.4k current US$ per square kilometre1996: 2.8k current US$ per square kilometre1997: 3.3k current US$ per square kilometre1998: 3.3k current US$ per square kilometre1999: 3.5k current US$ per square kilometre2000: 3.2k current US$ per square kilometre2001: 3.1k current US$ per square kilometre2002: 3.4k current US$ per square kilometre2003: 3.6k current US$ per square kilometre2004: 4.0k current US$ per square kilometre2005: 5.2k current US$ per square kilometre2006: 5.4k current US$ per square kilometre2007: 6.1k current US$ per square kilometre2008: 7.5k current US$ per square kilometre2009: 6.8k current US$ per square kilometre2010: 7.7k current US$ per square kilometre2011: 9.1k current US$ per square kilometre2012: 7.9k current US$ per square kilometre2013: 14.5k current US$ per square kilometre2014: 15.5k current US$ per square kilometre2015: 17.2k current US$ per square kilometre2016: 18.2k current US$ per square kilometre2017: 15.3k current US$ per square kilometre2018: 18.8k current US$ per square kilometre2019: 22.0k current US$ per square kilometre2020: 8.1k current US$ per square kilometre2021: 11.2k current US$ per square kilometre2022: 15.4k current US$ per square kilometre2023: 18.5k current US$ per square kilometre

Source: Statizoid (derived). Measured in current US$ per square kilometre.

Analysis

Panama recorded 18,476 current US$ per square kilometre for spending by a country’s residents while travelling abroad, per square in 2023.

That represents a change of up 19.8% on the previous year and up 27.4% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, per square in Panama peaked at 22,014 current US$ per square kilometre in 2019 and was at its lowest, 2,435 current US$ per square kilometre, in 1995.

Panama ranks 85th of 189 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.

Spending by a country’s residents while travelling abroad, per square in Panama, year by year

Annual values for Spending by a country’s residents while travelling abroad, per square kilometre in Panama, 1995 to 2023.
Year current US$ per square kilometre Change
1995 2,435 current US$ per square kilometre —
1996 2,825 current US$ per square kilometre +16.0%
1997 3,269 current US$ per square kilometre +15.7%
1998 3,296 current US$ per square kilometre +0.8%
1999 3,484 current US$ per square kilometre +5.7%
2000 3,242 current US$ per square kilometre -6.9%
2001 3,054 current US$ per square kilometre -5.8%
2002 3,390 current US$ per square kilometre +11.0%
2003 3,592 current US$ per square kilometre +6.0%
2004 3,955 current US$ per square kilometre +10.1%
2005 5,219 current US$ per square kilometre +32.0%
2006 5,421 current US$ per square kilometre +3.9%
2007 6,147 current US$ per square kilometre +13.4%
2008 7,533 current US$ per square kilometre +22.5%
2009 6,766 current US$ per square kilometre -10.2%
2010 7,735 current US$ per square kilometre +14.3%
2011 9,134 current US$ per square kilometre +18.1%
2012 7,950 current US$ per square kilometre -13.0%
2013 14,501 current US$ per square kilometre +82.4%
2014 15,475 current US$ per square kilometre +6.7%
2015 17,161 current US$ per square kilometre +10.9%
2016 18,227 current US$ per square kilometre +6.2%
2017 15,272 current US$ per square kilometre -16.2%
2018 18,806 current US$ per square kilometre +23.1%
2019 22,014 current US$ per square kilometre +17.1%
2020 8,119 current US$ per square kilometre -63.1%
2021 11,231 current US$ per square kilometre +38.3%
2022 15,428 current US$ per square kilometre +37.4%
2023 18,476 current US$ per square kilometre +19.8%

Biggest year-on-year movements

Years where Spending by a country’s residents while travelling abroad, per square 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.

YearChange FromTo
2020 -63.1% 22,014 current US$ per square kilometre 8,119 current US$ per square kilometre
2013 +82.4% 7,950 current US$ per square kilometre 14,501 current US$ per square kilometre

Averages by decade

DecadeAverage LowestHighest Years
1990s 3,062 current US$ per square kilometre 2,435 current US$ per square kilometre 3,484 current US$ per square kilometre 5
2000s 4,832 current US$ per square kilometre 3,054 current US$ per square kilometre 7,533 current US$ per square kilometre 10
2010s 14,627 current US$ per square kilometre 7,735 current US$ per square kilometre 22,014 current US$ per square kilometre 10
2020s 13,313 current US$ per square kilometre 8,119 current US$ per square kilometre 18,476 current US$ per square kilometre 4

Countries ranked near Panama

  1. 82 Latvia 20,289 current US$ per square kilometre compare
  2. 83 Moldova 19,891 current US$ per square kilometre compare
  3. 84 Bulgaria 19,564 current US$ per square kilometre compare
  4. 86 Bangladesh 18,039 current US$ per square kilometre compare
  5. 87 North Macedonia 17,697 current US$ per square kilometre compare
  6. 88 Sao Tome and Principe 17,657 current US$ per square kilometre compare

See the full ranking of 189 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is spending by a country’s residents while travelling abroad, per square in Panama?
Spending by a country’s residents while travelling abroad, per square in Panama was 18,476 current US$ per square kilometre in 2023, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, per square recorded in Panama?
The highest recorded value was 22,014 current US$ per square kilometre in 2019.
What is the lowest spending by a country’s residents while travelling abroad, per square recorded in Panama?
The lowest recorded value was 2,435 current US$ per square kilometre in 1995.
How does Panama rank for spending by a country’s residents while travelling abroad, per square?
Panama ranks 85th out of 189 countries with data for 2023.
Is spending by a country’s residents while travelling abroad, per square rising or falling in Panama?
Over the last ten years it is up 27.4%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from Statizoid (derived), published as part of Spending by a country’s residents while travelling abroad, per square kilometre. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, per square in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 29 September 2026, from https://reference.statizoid.com/stat/spending-by-a-country-s-residents-while-travelling-abroad-per-square-kilometre/panama/

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How this figure is calculated

Spending by a country’s residents while travelling abroad divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Spending by a country’s residents while travelling abroad ÷ Land area (sq. km)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Spending by a country’s residents while travelling abroad, per square kilometre
Unit
current US$ per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 4,392 data points, 1995–2023
Last refreshed

Spending by a country’s residents while travelling abroad divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.