Spending by international visitors while visiting a country … gaps in Panama

Panama: Spending by international visitors while visiting a country … gaps was 9.08 billion current US$ in 2024. ◆ Volatile

Latest (2024)
9.08 billion current US$
Change on year
up 5.7%
World rank
43rd
of 203 countries
All-time high
9.08 billion current US$
in 2024
All-time low
372.00 million current US$
in 1995
Years of data
30
1995–2024

Spending by international visitors while visiting a country, gaps in Panama, 1995–2024

02.0B4.0B6.0B8.0B10.0B1995200920241995: 372.0M current US$1996: 432.0M current US$1997: 471.0M current US$1998: 492.0M current US$1999: 506.0M current US$2000: 628.0M current US$2001: 665.0M current US$2002: 710.0M current US$2003: 804.0M current US$2004: 903.0M current US$2005: 1.1B current US$2006: 1.4B current US$2007: 1.8B current US$2008: 2.2B current US$2009: 2.3B current US$2010: 2.6B current US$2011: 3.6B current US$2012: 4.6B current US$2013: 5.4B current US$2014: 5.7B current US$2015: 5.8B current US$2016: 6.3B current US$2017: 6.8B current US$2018: 7.1B current US$2019: 7.1B current US$2020: 1.9B current US$2021: 3.6B current US$2022: 7.4B current US$2023: 8.6B current US$2024: 9.1B current US$

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

Analysis

The most recent figure for spending by international visitors while visiting a country, gaps in Panama is 9.08 billion current US$, measured in 2024. That is the highest value across all 30 years on record.

That represents a change of up 5.7% on the previous year and up 58.0% over ten years.

Over the whole period, spending by international visitors while visiting a country, gaps in Panama peaked at 9.08 billion current US$ in 2024 and was at its lowest, 372.00 million current US$, in 1995.

Panama ranks 43rd of 203 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by international visitors while visiting a country … gaps in Panama, year by year

Annual values for Spending by international visitors while visiting a country, gaps filled in Panama, 1995 to 2024.
Year current US$ Change
1995 372.00 million current US$ —
1996 432.00 million current US$ +16.1%
1997 471.00 million current US$ +9.0%
1998 492.00 million current US$ +4.5%
1999 506.00 million current US$ +2.8%
2000 628.00 million current US$ +24.1%
2001 665.00 million current US$ +5.9%
2002 710.00 million current US$ +6.8%
2003 804.00 million current US$ +13.2%
2004 903.00 million current US$ +12.3%
2005 1.11 billion current US$ +22.7%
2006 1.43 billion current US$ +28.6%
2007 1.81 billion current US$ +26.7%
2008 2.21 billion current US$ +22.3%
2009 2.28 billion current US$ +3.3%
2010 2.62 billion current US$ +15.0%
2011 3.63 billion current US$ +38.5%
2012 4.58 billion current US$ +26.3%
2013 5.42 billion current US$ +18.2%
2014 5.75 billion current US$ +6.1%
2015 5.75 billion current US$ +0.1%
2016 6.28 billion current US$ +9.2%
2017 6.83 billion current US$ +8.7%
2018 7.14 billion current US$ +4.6%
2019 7.05 billion current US$ -1.2%
2020 1.85 billion current US$ -73.7%
2021 3.61 billion current US$ +94.8%
2022 7.38 billion current US$ +104.4%
2023 8.60 billion current US$ +16.5%
2024 9.08 billion current US$ +5.7%

Panama compared with similar countries

  • Panama's 9.08 billion current US$ is above the median for high income countries, which is 6.08 billion current US$, 1.5× the median. (73 countries reporting)
  • Panama's 9.08 billion current US$ is above the median for Latin America & Caribbean, which is 1.05 billion current US$, 8.7× the median. (40 countries reporting)

Biggest year-on-year movements

Years where Spending by international visitors while visiting a country … gaps 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
2022 +104.4% 3.61 billion current US$ 7.38 billion current US$
2020 -73.7% 7.05 billion current US$ 1.85 billion current US$
2021 +94.8% 1.85 billion current US$ 3.61 billion current US$

Averages by decade

DecadeAverage LowestHighest Years
1990s 454.60 million current US$ 372.00 million current US$ 506.00 million current US$ 5
2000s 1.25 billion current US$ 628.00 million current US$ 2.28 billion current US$ 10
2010s 5.51 billion current US$ 2.62 billion current US$ 7.14 billion current US$ 10
2020s 6.11 billion current US$ 1.85 billion current US$ 9.08 billion current US$ 5

Countries ranked near Panama

  1. 40 Colombia 10.12 billion current US$ compare
  2. 41 Czechia 9.91 billion current US$ compare
  3. 42 New Zealand 9.57 billion current US$ compare
  4. 44 Norway 8.95 billion current US$ compare
  5. 45 Jordan 8.63 billion current US$ compare
  6. 46 Russia 8.58 billion current US$ compare

See the full ranking of 203 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is spending by international visitors while visiting a country, gaps in Panama?
Spending by international visitors while visiting a country, gaps in Panama was 9.08 billion current US$ in 2024, according to Statizoid (derived).
What is the highest spending by international visitors while visiting a country, gaps recorded in Panama?
The highest recorded value was 9.08 billion current US$ in 2024.
What is the lowest spending by international visitors while visiting a country, gaps recorded in Panama?
The lowest recorded value was 372.00 million current US$ in 1995.
How does Panama rank for spending by international visitors while visiting a country, gaps?
Panama ranks 43rd out of 203 countries with data for 2024.
Is spending by international visitors while visiting a country, gaps rising or falling in Panama?
Over the last ten years it is up 58.0%. 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 international visitors while visiting a country, gaps filled. Statizoid updates them automatically from the source API.

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Spending by international visitors while visiting a country, gaps in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 11 October 2026, from https://reference.statizoid.com/stat/spending-by-international-visitors-while-visiting-a-country-gaps-filled/panama/

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How this figure is calculated

Spending by international visitors while visiting a country with 58 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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 international visitors while visiting a country, gaps filled
Unit
current US$
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
203 places, 4,637 data points, 1995–2024
Last refreshed

Spending by international visitors while visiting a country with 58 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.