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Panama Tourism Receipts

International tourism receipts  ST.INT.RCPT.CD

$1.8B −$5.2B (-73.9%)
Year 2020 Rank #41 Global Peak $7.1B (2018) Source World Bank

Panama Tourism Receipts (1995–2020)

Overview

Panama's tourism receipts stood at $1.8B in 2020, a decline of +$5.2B from 2019. Panama ranked 41st globally.

Data & projection

Year Tourism Receipts YoY change Rank
2020 $1.8B −$5.2B #41
2019 $7.1B −$87.0M #39
2018 $7.1B +$312.0M #44
2017 $6.8B +$544.0M #43
2016 $6.3B +$529.0M #44
2015 $5.8B +$5.0M #46
2014 $5.7B +$330.0M #43
2013 $5.4B +$834.0M #45
2012 $4.6B +$955.0M #48
2011 $3.6B +$1.0B #49
2010 $2.6B +$341.0M #54
2009 $2.3B +$72.0M #57
2008 $2.2B +$402.0M #61
2007 $1.8B +$381.0M #66
2006 $1.4B +$317.0M #66
Show all years (1995-2020)

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 2.9% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw tourism receipts improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's tourism receipts?

Panama's tourism receipts was $1.8B in 2020. Ranked 41st globally. This represents a 73.9% decrease from the previous year.

What was the highest tourism receipts in Panama?

Panama's tourism receipts peaked at $7.1B in 2018.

What was the lowest tourism receipts in Panama?

The lowest tourism receipts in Panama was $372.0M in 1995.

How does Panama rank in tourism receipts?

Panama ranks 41st globally in tourism receipts as of 2020.

What is the World Bank indicator code for tourism receipts?

The World Bank indicator code is ST.INT.RCPT.CD. Data sourced from World Bank.

What is Panama's tourism receipts in billion?

Panama's tourism receipts was approximately 1.84 billion ($1.8B) in 2020.

What is the tourism receipts of Panama in 2020?

The tourism receipts of Panama in 2020 was $1.8B. This ranks 41st in the world.

Cite this page

APA
Panama Tourism Receipts. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/panama/tourism-receipts
BibTeX
@misc{historysaid_panama_tourism-receipts, title = {Panama Tourism Receipts}, url = {https://historysaid.com/panama/tourism-receipts}, publisher = {HistorySaid}, year = {2026} }