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

Panama: Spending by a country’s residents while travelling abroad, per unit was 0.0165 current US$ per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0165 current US$ per US$ of GDP
Change on year
up 0.7%
World rank
130th
of 194 countries
All-time high
0.0242 current US$ per US$ of GDP
in 1997
All-time low
0.0106 current US$ per US$ of GDP
in 2020
Years of data
30
1995–2024

Spending by a country’s residents while travelling abroad, per unit in Panama, 1995–2024

00.0050.010.0150.020.0251995200920241995: 0.019 current US$ per US$ of GDP1996: 0.023 current US$ per US$ of GDP1997: 0.024 current US$ per US$ of GDP1998: 0.022 current US$ per US$ of GDP1999: 0.022 current US$ per US$ of GDP2000: 0.02 current US$ per US$ of GDP2001: 0.019 current US$ per US$ of GDP2002: 0.02 current US$ per US$ of GDP2003: 0.02 current US$ per US$ of GDP2004: 0.019 current US$ per US$ of GDP2005: 0.023 current US$ per US$ of GDP2006: 0.022 current US$ per US$ of GDP2007: 0.021 current US$ per US$ of GDP2008: 0.022 current US$ per US$ of GDP2009: 0.018 current US$ per US$ of GDP2010: 0.019 current US$ per US$ of GDP2011: 0.019 current US$ per US$ of GDP2012: 0.014 current US$ per US$ of GDP2013: 0.023 current US$ per US$ of GDP2014: 0.022 current US$ per US$ of GDP2015: 0.023 current US$ per US$ of GDP2016: 0.023 current US$ per US$ of GDP2017: 0.018 current US$ per US$ of GDP2018: 0.021 current US$ per US$ of GDP2019: 0.023 current US$ per US$ of GDP2020: 0.011 current US$ per US$ of GDP2021: 0.012 current US$ per US$ of GDP2022: 0.015 current US$ per US$ of GDP2023: 0.016 current US$ per US$ of GDP2024: 0.016 current US$ per US$ of GDP

Source: Statizoid (derived). Measured in current US$ per US$ of GDP.

Analysis

Panama recorded 0.0165 current US$ per US$ of GDP for spending by a country’s residents while travelling abroad, per unit in 2024.

Compared with earlier readings it is up 0.7% on the previous year and down 26.2% over ten years.

Over the whole period, spending by a country’s residents while travelling abroad, per unit in Panama peaked at 0.0242 current US$ per US$ of GDP in 1997 and was at its lowest, 0.0106 current US$ per US$ of GDP, in 2020.

Panama ranks 130th of 194 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 30 years of available data.

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

Year current US$ per US$ of GDP Change
1995 0.0189 current US$ per US$ of GDP —
1996 0.0228 current US$ per US$ of GDP +20.8%
1997 0.0242 current US$ per US$ of GDP +5.8%
1998 0.0222 current US$ per US$ of GDP -8.0%
1999 0.0222 current US$ per US$ of GDP -0.1%
2000 0.0201 current US$ per US$ of GDP -9.3%
2001 0.0185 current US$ per US$ of GDP -8.0%
2002 0.0197 current US$ per US$ of GDP +6.3%
2003 0.0196 current US$ per US$ of GDP -0.3%
2004 0.0195 current US$ per US$ of GDP -0.8%
2005 0.0233 current US$ per US$ of GDP +19.9%
2006 0.0216 current US$ per US$ of GDP -7.5%
2007 0.021 current US$ per US$ of GDP -2.6%
2008 0.0218 current US$ per US$ of GDP +3.5%
2009 0.0181 current US$ per US$ of GDP -16.9%
2010 0.019 current US$ per US$ of GDP +5.1%
2011 0.019 current US$ per US$ of GDP +0.0%
2012 0.0142 current US$ per US$ of GDP -25.3%
2013 0.023 current US$ per US$ of GDP +61.6%
2014 0.0223 current US$ per US$ of GDP -2.9%
2015 0.0228 current US$ per US$ of GDP +2.3%
2016 0.0226 current US$ per US$ of GDP -0.9%
2017 0.0176 current US$ per US$ of GDP -22.2%
2018 0.0207 current US$ per US$ of GDP +17.8%
2019 0.0234 current US$ per US$ of GDP +12.9%
2020 0.0106 current US$ per US$ of GDP -54.9%
2021 0.0124 current US$ per US$ of GDP +17.1%
2022 0.015 current US$ per US$ of GDP +21.1%
2023 0.0164 current US$ per US$ of GDP +9.3%
2024 0.0165 current US$ per US$ of GDP +0.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0221 current US$ per US$ of GDP 0.0189 current US$ per US$ of GDP 0.0242 current US$ per US$ of GDP 5
2000s 0.0203 current US$ per US$ of GDP 0.0181 current US$ per US$ of GDP 0.0233 current US$ per US$ of GDP 10
2010s 0.0205 current US$ per US$ of GDP 0.0142 current US$ per US$ of GDP 0.0234 current US$ per US$ of GDP 10
2020s 0.0141 current US$ per US$ of GDP 0.0106 current US$ per US$ of GDP 0.0165 current US$ per US$ of GDP 5

Countries ranked near Panama

  1. 127 South Korea 0.0168 current US$ per US$ of GDP compare
  2. 128 Paraguay 0.0167 current US$ per US$ of GDP compare
  3. 129 Israel 0.0165 current US$ per US$ of GDP compare
  4. 131 Bolivia 0.0161 current US$ per US$ of GDP compare
  5. 132 Colombia 0.0158 current US$ per US$ of GDP compare
  6. 133 Argentina 0.0154 current US$ per US$ of GDP compare

See the full ranking of 194 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 unit in Panama?
Spending by a country’s residents while travelling abroad, per unit in Panama was 0.0165 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest spending by a country’s residents while travelling abroad, per unit recorded in Panama?
The highest recorded value was 0.0242 current US$ per US$ of GDP in 1997.
What is the lowest spending by a country’s residents while travelling abroad, per unit recorded in Panama?
The lowest recorded value was 0.0106 current US$ per US$ of GDP in 2020.
How does Panama rank for spending by a country’s residents while travelling abroad, per unit?
Panama ranks 130th out of 194 countries with data for 2024.
Is spending by a country’s residents while travelling abroad, per unit rising or falling in Panama?
Over the last ten years it is down 26.2%. The long-run trend across the full record is falling.
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 unit of GDP. Statizoid updates them automatically from the source API.

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Spending by a country’s residents while travelling abroad, per unit 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-unit-of-gdp/panama/

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How this figure is calculated

Spending by a country’s residents while travelling abroad divided by GDP (current US$), 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 ÷ GDP (current US$)

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 unit of GDP
Unit
current US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 4,539 data points, 1995–2024
Last refreshed

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