Panama - Remittances Received 2019
$580.9M
+$43.0M from 2018
Panama's remittances received was $580.9M in 2019, increased +$43.0M from $537.9M in 2018. This was the 85th highest globally.
Global Ranking - 2019▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Palau | $2.4M | 1.9% |
| 2nd | Tuvalu | $2.4M | -9.9% |
| 3rd | Angola | $3.4M | 118.2% |
| 4th | Nauru | $3.7M | -43.0% |
| 5th | Maldives | $4.4M | 5.0% |
| 6th | São Tomé and Principe | $11.1M | -37.5% |
| 7th | Malta | $13.2M | -36.1% |
| 8th | Cayman Islands | $14.1M | -0.8% |
| 9th | San Marino | $17.4M | -7.0% |
| 10th | Kiribati | $20.1M | 0.5% |
| 11th | Andorra | $21.1M | - |
| 12th | Micronesia, Federated States of | $23.3M | 0.0% |
| 13th | Seychelles | $23.6M | 4.1% |
| 14th | Solomon Islands | $25.5M | 28.0% |
| 15th | Kuwait | $25.7M | -7.3% |
| 16th | Congo, Republic of | $26.2M | 240.4% |
| 17th | Papua New Guinea | $29.3M | 704.7% |
| 18th | Marshall Islands | $32.5M | 3.2% |
| 19th | Aruba | $34.3M | -7.2% |
| 20th | Antigua and Barbuda | $36.9M | 12.5% |
| 21st | Oman | $39.0M | 0.0% |
| 22nd | St. Kitts and Nevis | $42.2M | 62.8% |
| 23rd | St. Lucia | $43.2M | 0.7% |
| 24th | Dominica | $47.5M | 12.7% |
| 25th | Sint Maarten (Dutch part) | $48.6M | -4.6% |
| 26th | Macao SAR, China | $55.0M | 30.6% |
| 27th | Bhutan | $56.7M | -2.6% |
| 28th | Botswana | $59.4M | 34.0% |
| 29th | Grenada | $63.4M | 32.0% |
| 30th | Mauritania | $64.5M | 6.7% |
| 31st | Namibia | $65.6M | 22.2% |
| 32nd | Chile | $69.4M | -0.7% |
| 33rd | Timor-Leste | $75.7M | -21.4% |
| 34th | St. Vincent and the Grenadines | $79.3M | 71.2% |
| 35th | Djibouti | $79.5M | 32.8% |
| 36th | South Sudan | $80.4M | -93.7% |
| 37th | Barbados | $85.2M | 0.0% |
| 38th | Burundi | $91.6M | 89.8% |
| 39th | Suriname | $96.2M | -2.5% |
| 40th | Belize | $96.8M | 4.7% |
| 41st | Zambia | $98.3M | -8.1% |
| 42nd | Uruguay | $112.3M | -1.5% |
| 43rd | Eswatini | $118.7M | -5.6% |
| 44th | Trinidad and Tobago | $144.0M | 3.8% |
| 45th | Guinea-Bissau | $151.2M | 18.1% |
| 46th | Vanuatu | $152.1M | 32.1% |
| 47th | Samoa | $155.2M | 5.2% |
| 48th | Guinea | $158.1M | 456.2% |
| 49th | Comoros | $168.5M | -2.4% |
| 50th | Curaçao | $176.3M | 13.5% |
| 51st | Sierra Leone | $177.5M | 142.4% |
| 52nd | Tonga | $181.6M | 4.7% |
| 53rd | Mozambique | $181.7M | -56.5% |
| 54th | Iceland | $187.9M | 5.2% |
| 55th | Cabo Verde | $215.0M | -8.3% |
| 56th | Benin | $217.0M | 9.2% |
| 57th | Rwanda | $260.7M | 0.1% |
| 58th | Gambia, The | $275.8M | 30.1% |
| 59th | Malawi | $280.9M | 55.1% |
| 60th | Fiji | $286.6M | -1.2% |
| 61st | Lao PDR | $296.5M | 23.6% |
| 62nd | Niger | $308.7M | 4.0% |
| 63rd | Mauritius | $318.5M | 30.2% |
| 64th | Côte d'Ivoire | $328.3M | -1.1% |
| 65th | Saudi Arabia | $334.0M | -0.3% |
| 66th | Liberia | $346.2M | -24.7% |
| 67th | North Macedonia | $354.6M | -6.5% |
| 68th | Cameroon | $355.6M | 6.6% |
| 69th | Guyana | $380.4M | 14.0% |
| 70th | Madagascar | $407.7M | -4.2% |
| 71st | Tanzania | $433.5M | 5.0% |
| 72nd | Hong Kong SAR, China | $451.2M | 6.3% |
| 73rd | Burkina Faso | $467.3M | 2.5% |
| 74th | New Zealand | $473.9M | -6.9% |
| 75th | Kazakhstan | $506.1M | -18.1% |
| 76th | Togo | $508.0M | 12.7% |
| 77th | Sudan | $522.3M | 22.8% |
| 78th | Lesotho | $529.1M | -7.6% |
| 79th | Cyprus | $535.5M | 2.7% |
| 80th | Estonia | $541.9M | -5.0% |
| 81st | Costa Rica | $553.4M | 3.7% |
| 82nd | Mongolia | $560.9M | 27.3% |
| 83rd | Argentina | $561.4M | 7.5% |
| 84th | Qatar | $576.6M | 23.5% |
| 85th | Panama | $580.9M | 8.0% |
| 86th | French Polynesia | $581.6M | 0.0% |
| 87th | Montenegro | $584.3M | -0.8% |
| 88th | Ireland | $586.7M | -5.9% |
| 89th | Norway | $615.7M | -4.4% |
| 90th | New Caledonia | $621.1M | 0.0% |
| 91st | Slovenia | $662.9M | 2.8% |
| 92nd | Greece | $676.3M | 38.1% |
| 93rd | Paraguay | $824.1M | -3.4% |
| 94th | Afghanistan | $828.6M | 3.1% |
| 95th | Portugal | $838.1M | 16.1% |
| 96th | Finland | $842.0M | 0.1% |
| 97th | Türkiye | $856.0M | -25.4% |
| 98th | Iraq | $859.2M | 15.8% |
| 99th | South Africa | $890.1M | -4.2% |
| 100th | Israel | $953.4M | -6.7% |
| 101st | Mali | $971.7M | -5.0% |
| 102nd | Latvia | $1.1B | -7.7% |
| 103rd | Kosovo | $1.2B | 1.1% |
| 104th | Azerbaijan | $1.3B | 4.0% |
| 105th | Lithuania | $1.3B | -6.0% |
| 106th | Canada | $1.3B | 1.3% |
| 107th | Bolivia, Plurinational State of | $1.3B | -3.8% |
| 108th | Somalia, Fed. Rep. | $1.3B | 2.9% |
| 109th | Zimbabwe | $1.4B | -0.7% |
| 110th | Belarus | $1.4B | -1.9% |
| 111th | Uganda | $1.4B | 6.5% |
| 112th | Denmark | $1.4B | 2.4% |
| 113th | Albania | $1.5B | 1.0% |
| 114th | Armenia | $1.5B | 2.7% |
| 115th | Bermuda | $1.5B | 6.9% |
| 116th | Malaysia | $1.6B | -5.2% |
| 117th | Australia | $1.7B | -5.8% |
| 118th | Nicaragua | $1.7B | 12.1% |
| 119th | Algeria | $1.8B | -10.0% |
| 120th | Tunisia | $1.8B | 5.3% |
| 121st | Moldova | $1.9B | 3.9% |
| 122nd | Congo, Democratic Republic of | $2.1B | 13.9% |
| 123rd | Luxembourg | $2.1B | 0.8% |
| 124th | Bulgaria | $2.1B | 0.6% |
| 125th | Georgia | $2.3B | 11.0% |
| 126th | Tajikistan | $2.3B | 6.3% |
| 127th | Bosnia and Herzegovina | $2.3B | 3.1% |
| 128th | Senegal | $2.5B | 4.0% |
| 129th | Slovak Republic | $2.5B | -10.2% |
| 130th | Myanmar | $2.6B | -4.5% |
| 131st | Jamaica | $2.6B | 2.4% |
| 132nd | Cambodia | $2.7B | 85.5% |
| 133rd | Haiti | $2.7B | -1.5% |
| 134th | Kyrgyz Republic | $2.7B | 0.3% |
| 135th | Kenya | $2.8B | 4.3% |
| 136th | Switzerland | $2.9B | 0.2% |
| 137th | Austria | $3.0B | -0.9% |
| 138th | West Bank and Gaza | $3.2B | 11.3% |
| 139th | Spain | $3.2B | -3.7% |
| 140th | Brazil | $3.2B | 9.5% |
| 141st | Ecuador | $3.2B | 6.7% |
| 142nd | Peru | $3.3B | 3.4% |
| 143rd | Sweden | $3.4B | 3.4% |
| 144th | Yemen, Republic of | $3.4B | 0.0% |
| 145th | Netherlands | $3.7B | -1.4% |
| 146th | Czechia | $3.9B | -2.8% |
| 147th | Ghana | $4.1B | 15.1% |
| 148th | United Kingdom | $4.2B | -4.0% |
| 149th | Serbia | $4.2B | -4.7% |
| 150th | Croatia | $4.3B | 6.7% |
| 151st | Japan | $4.4B | 0.4% |
| 152nd | Jordan | $4.6B | 2.1% |
| 153rd | Hungary | $4.9B | 10.8% |
| 154th | Honduras | $5.4B | 13.1% |
| 155th | El Salvador | $5.7B | 4.9% |
| 156th | Sri Lanka | $6.7B | -4.2% |
| 157th | Morocco | $7.0B | 0.6% |
| 158th | United States | $7.0B | 1.6% |
| 159th | Colombia | $7.1B | 6.6% |
| 160th | Korea | $7.2B | 0.6% |
| 161st | Lebanon | $7.4B | 5.6% |
| 162nd | Dominican Republic | $7.4B | 8.8% |
| 163rd | Poland | $7.5B | -1.2% |
| 164th | Thailand | $7.8B | 4.3% |
| 165th | Romania | $8.1B | 16.6% |
| 166th | Nepal | $8.2B | -0.5% |
| 167th | Uzbekistan | $8.5B | 12.3% |
| 168th | Russian Federation | $10.4B | 12.3% |
| 169th | Italy | $10.5B | 5.6% |
| 170th | Guatemala | $10.7B | 12.9% |
| 171st | Viet Nam | $10.9B | 6.8% |
| 172nd | Indonesia | $11.7B | 4.0% |
| 173rd | Belgium | $12.4B | -0.2% |
| 174th | Ukraine | $15.8B | 7.4% |
| 175th | China | $18.3B | -24.7% |
| 176th | Germany | $18.3B | -1.7% |
| 177th | Bangladesh | $18.4B | 18.0% |
| 178th | Pakistan | $22.3B | 5.0% |
| 179th | Nigeria | $23.8B | -2.1% |
| 180th | Egypt, Arab Republic of | $26.8B | 5.0% |
| 181st | France | $28.8B | 1.3% |
| 182nd | Philippines | $35.2B | 4.0% |
| 183rd | Mexico | $39.8B | 9.1% |
| 184th | India | $83.3B | 5.8% |
| 185th | European Union | $127.3B | 1.7% |
FAQ
What was Panama's remittances received in 2019?▾
Panama's remittances received in 2019 was $580.9M. This ranked 85th globally.
How did Panama's remittances received change in 2019?▾
Panama's remittances received increased by 8.0% in 2019 compared to 2018.
Which country had the highest remittances received in 2019?▾
European Union had the highest remittances received in 2019 at $127.3B.
What is the remittances received of Panama in 2019?▾
The remittances received of Panama in 2019 was $580.9M. This ranked 85th globally.
How does 2019 compare to 2018 for Panama's remittances received?▾
Panama's remittances received went from $537.9M in 2018 to $580.9M in 2019, a 8.0% increase.
Related
2018
2020
All years
Full ranking 2019
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2014
Lowest: 2000
Remittances Received 1990s
Remittances Received 2000s
Remittances Received 2010s
Remittances Received 2020s
Highest ever
Lowest ever
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vs Palau
vs Bulgaria
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Global Ranking