Spending by international visitors while visiting a country … unit in Panama
Panama: Spending by international visitors while visiting a country … unit was 0.105 current US$ per US$ of GDP in 2024. ▲ Rising
Spending by international visitors while visiting a country, per unit in Panama, 1995–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, spending by international visitors while visiting a country, per unit in Panama stood at 0.105 current US$ per US$ of GDP.
Compared with earlier readings it is up 2.3% on the previous year and down 6.1% over ten years.
Over the whole period, spending by international visitors while visiting a country, per unit in Panama peaked at 0.1154 current US$ per US$ of GDP in 2013 and was at its lowest, 0.0325 current US$ per US$ of GDP, in 2020.
That places Panama 37th out of 191 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Spending by international visitors while visiting a country … unit in Panama, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1995 | 0.0389 current US$ per US$ of GDP | — |
| 1996 | 0.047 current US$ per US$ of GDP | +20.9% |
| 1997 | 0.0468 current US$ per US$ of GDP | -0.3% |
| 1998 | 0.0446 current US$ per US$ of GDP | -4.6% |
| 1999 | 0.0434 current US$ per US$ of GDP | -2.8% |
| 2000 | 0.0525 current US$ per US$ of GDP | +20.9% |
| 2001 | 0.0543 current US$ per US$ of GDP | +3.4% |
| 2002 | 0.0555 current US$ per US$ of GDP | +2.2% |
| 2003 | 0.0591 current US$ per US$ of GDP | +6.6% |
| 2004 | 0.0598 current US$ per US$ of GDP | +1.2% |
| 2005 | 0.0667 current US$ per US$ of GDP | +11.5% |
| 2006 | 0.0764 current US$ per US$ of GDP | +14.6% |
| 2007 | 0.0832 current US$ per US$ of GDP | +8.9% |
| 2008 | 0.0858 current US$ per US$ of GDP | +3.2% |
| 2009 | 0.082 current US$ per US$ of GDP | -4.4% |
| 2010 | 0.0867 current US$ per US$ of GDP | +5.7% |
| 2011 | 0.1017 current US$ per US$ of GDP | +17.3% |
| 2012 | 0.1102 current US$ per US$ of GDP | +8.4% |
| 2013 | 0.1154 current US$ per US$ of GDP | +4.7% |
| 2014 | 0.1118 current US$ per US$ of GDP | -3.1% |
| 2015 | 0.1032 current US$ per US$ of GDP | -7.7% |
| 2016 | 0.1051 current US$ per US$ of GDP | +1.9% |
| 2017 | 0.1061 current US$ per US$ of GDP | +0.9% |
| 2018 | 0.1061 current US$ per US$ of GDP | -0.1% |
| 2019 | 0.101 current US$ per US$ of GDP | -4.7% |
| 2020 | 0.0325 current US$ per US$ of GDP | -67.9% |
| 2021 | 0.0536 current US$ per US$ of GDP | +65.0% |
| 2022 | 0.0965 current US$ per US$ of GDP | +80.1% |
| 2023 | 0.1026 current US$ per US$ of GDP | +6.3% |
| 2024 | 0.105 current US$ per US$ of GDP | +2.3% |
Panama compared with similar countries
- Panama's 0.105 current US$ per US$ of GDP is above the median for high income countries, which is 0.0369 current US$ per US$ of GDP, 2.8× the median. (71 countries reporting)
- Panama's 0.105 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0438 current US$ per US$ of GDP, 2.4× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Spending by international visitors while visiting a country … unit 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 |
|---|---|---|---|
| 2022 | +80.1% | 0.0536 current US$ per US$ of GDP | 0.0965 current US$ per US$ of GDP |
| 2020 | -67.9% | 0.101 current US$ per US$ of GDP | 0.0325 current US$ per US$ of GDP |
| 2021 | +65.0% | 0.0325 current US$ per US$ of GDP | 0.0536 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0441 current US$ per US$ of GDP | 0.0389 current US$ per US$ of GDP | 0.047 current US$ per US$ of GDP | 5 |
| 2000s | 0.0675 current US$ per US$ of GDP | 0.0525 current US$ per US$ of GDP | 0.0858 current US$ per US$ of GDP | 10 |
| 2010s | 0.1047 current US$ per US$ of GDP | 0.0867 current US$ per US$ of GDP | 0.1154 current US$ per US$ of GDP | 10 |
| 2020s | 0.078 current US$ per US$ of GDP | 0.0325 current US$ per US$ of GDP | 0.105 current US$ per US$ of GDP | 5 |
Countries ranked near Panama
- 34 Portugal 0.1127 current US$ per US$ of GDP compare
- 35 El Salvador 0.1125 current US$ per US$ of GDP compare
- 36 Qatar 0.1091 current US$ per US$ of GDP compare
- 38 Armenia 0.1049 current US$ per US$ of GDP compare
- 39 Cyprus 0.1038 current US$ per US$ of GDP compare
- 40 Micronesia (country) 0.1034 current US$ per US$ of GDP compare
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 spending by international visitors while visiting a country, per unit in Panama?
- Spending by international visitors while visiting a country, per unit in Panama was 0.105 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest spending by international visitors while visiting a country, per unit recorded in Panama?
- The highest recorded value was 0.1154 current US$ per US$ of GDP in 2013.
- What is the lowest spending by international visitors while visiting a country, per unit recorded in Panama?
- The lowest recorded value was 0.0325 current US$ per US$ of GDP in 2020.
- How does Panama rank for spending by international visitors while visiting a country, per unit?
- Panama ranks 37th out of 191 countries with data for 2024.
- Is spending by international visitors while visiting a country, per unit rising or falling in Panama?
- Over the last ten years it is down 6.1%. The long-run trend across the full record is rising.
- 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, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Spending by international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Spending by international visitors while visiting a country ÷ GDP (current US$)
Computed from
- Spending by international visitors while visiting a country UN Tourism (2025) – processed by Our World in Data
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Spending by international visitors while visiting a country divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.