Panama Tourism Revenue Growth

1996 - 2020 | Yearly | % | CEIC Data

Key information about Panama Tourism Revenue Growth

  • Panama Tourism Revenue dropped 73.9 % YoY in Dec 2020, compared with a decrease of -1.2 % YoY in the previous year
  • Panama Tourism Revenue Growth rate data is updated yearly, available from Dec 1996 to Dec 2020
  • The data reached an all-time high of 38.5 % in Dec 2011 and a record low of -73.9 % in Dec 2020
CEIC calculates annual Tourism Revenue Growth from annual Tourism Revenue. The World Bank provides Tourism Revenue in USD.

View Panama's Tourism Revenue Growth from 1996 to 2020 in the chart:

Panama Tourism Revenue Growth

What was Panama's Tourism Revenue Growth in 2020?

Panama Tourism Revenue dropped 73.9 % YoY in Dec 2020, compared with a decrease of -1.2 % YoY in the previous year See the table below for more data.

Last Previous Min Max Unit Frequency Range
-73.9 2020 -1.2 2019 -73.9 2020 38.5 2011 % yearly 1996 - 2020

Tourism Revenue Growth by Country Comparison

country/region Last Frequency Range
Albania (%) -49.4 2020 yearly 1996 - 2020
Algeria (%) -64.3 2020 yearly 2006 - 2020
Argentina (%) -69.9 2020 yearly 1996 - 2020
Armenia (%) -80.5 2020 yearly 1996 - 2020
Australia (%) 5.9 Sep 2019 quarterly Sep 2006 - Sep 2019
Austria (%) -40.7 2020 yearly 1996 - 2020
Azerbaijan (%) -83.0 2020 yearly 1996 - 2020
Bahrain (%) -81.2 2020 yearly 1996 - 2020
Bangladesh (%) -44.3 2020 yearly 2003 - 2020
Belarus (%) -58.0 2020 yearly 1996 - 2020
Belgium (%) -29.6 2020 yearly 2002 - 2020
Bolivia (%) -75.1 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) -64.2 2020 yearly 1999 - 2020
Botswana (%) -69.5 2020 yearly 1996 - 2020
Brazil (%) -3.8 Oct 2025 monthly Jan 1991 - Oct 2025
Brunei (%) 7.3 2018 yearly 2002 - 2018
Bulgaria (%) -62.9 2020 yearly 1996 - 2020
Cambodia (%) 18.0 2024 yearly 1996 - 2024
Canada (%) 7.7 2018 yearly 1996 - 2018
Chile (%) -68.5 2020 yearly 1996 - 2020
China (%) 3.5 Dec 2018 monthly Jan 1996 - Dec 2018
Colombia (%) -71.1 2020 yearly 1996 - 2020
Croatia (%) 6.6 2018 yearly 2000 - 2018
Cyprus (%) 10.1 Sep 2025 monthly Jan 2002 - Sep 2025
Czech Republic (%) -51.2 2020 yearly 2003 - 2020
Denmark (%) 6.9 2018 yearly 1996 - 2018
Ecuador (%) -69.2 2020 yearly 1996 - 2020
Egypt (%) 19.3 Jun 2025 quarterly Dec 1994 - Jun 2025
Estonia (%) -62.6 2020 yearly 1996 - 2020
European Union (%) 0.1 2019 yearly 2000 - 2019
Finland (%) -70.4 2020 yearly 1996 - 2020
France (%) -49.2 2020 yearly 2000 - 2020
Georgia (%) -83.5 2020 yearly 1998 - 2020
Germany (%) 5.9 2024 yearly 1972 - 2024
Ghana (%) -87.2 2020 yearly 1996 - 2020
Greece (%) 6.8 Aug 2025 monthly Nov 2012 - Aug 2025
Hong Kong SAR, China (%) 9.6 2024 yearly 1999 - 2024
Hungary (%) -58.7 2020 yearly 1996 - 2020
Iceland (%) 3.9 2008 yearly 1996 - 2008
India (%) -24.4 Jun 2025 monthly Jan 2002 - Jun 2025
Indonesia (%) -80.8 2020 yearly 2003 - 2020
Iran (%) 15.9 2018 yearly 1996 - 2018
Ireland (%) -1.6 Dec 2019 quarterly Mar 2013 - Dec 2019
Israel (%) -57.4 2024 yearly 1993 - 2024
Italy (%) -60.6 2020 yearly 1996 - 2020
Ivory Coast (%) -63.8 2020 yearly 1996 - 2020
Japan (%) -76.8 2020 yearly 1996 - 2020
Jordan (%) 1.4 Sep 2025 monthly Jan 2001 - Sep 2025
Kazakhstan (%) -79.8 2020 yearly 1996 - 2020
Kenya (%) -1.2 2019 yearly 1996 - 2019
South Korea (%) 23.1 Sep 2025 monthly Jan 1976 - Sep 2025
Kuwait (%) -56.3 2020 yearly 1996 - 2020
Kyrgyzstan (%) -72.5 2020 yearly 1999 - 2020
Laos (%) 48.5 2024 yearly 1992 - 2024
Latvia (%) 11.1 2018 yearly 1996 - 2018
Lebanon (%) -72.8 2020 yearly 1996 - 2020
Lithuania (%) 7.1 2018 yearly 1996 - 2018
Luxembourg (%) -21.1 2020 yearly 2003 - 2020
Macau SAR, China (%) -77.1 2020 yearly 1996 - 2020
North Macedonia (%) -36.9 2020 yearly 1997 - 2020
Malawi (%) -43.5 2020 yearly 1996 - 2020
Malaysia (%) 43.4 2024 yearly 1982 - 2024
Malta (%) 22.8 Oct 2025 monthly Jul 2004 - Oct 2025
Mauritius (%) -1.7 Mar 2025 quarterly Mar 2006 - Mar 2025
Mexico (%) 3.1 Sep 2025 monthly Jan 1981 - Sep 2025
Moldova (%) -32.8 2020 yearly 1996 - 2020
Mongolia (%) -91.9 2020 yearly 1996 - 2020
Montenegro (%) -85.9 2020 yearly 2008 - 2020
Morocco (%) 34.5 Oct 2025 monthly Jan 1998 - Oct 2025
Mozambique (%) -65.1 2020 yearly 2003 - 2020
Myanmar (%) -29.8 2024 yearly 2007 - 2024
Nepal (%) 6.5 2022 yearly 1991 - 2022
Netherlands (%) -53.9 2020 yearly 1996 - 2020
New Zealand (%) 26.5 2024 yearly 1999 - 2024
Nigeria (%) -78.2 2020 yearly 1996 - 2020
Norway (%) -68.8 2020 yearly 1996 - 2020
Oman (%) -78.3 2020 yearly 1999 - 2020
Pakistan (%) -22.9 2020 yearly 1996 - 2020
Palestinian Territory (%) 8.9 2018 yearly 1996 - 2018
Panama (%) -73.9 2020 yearly 1996 - 2020
Paraguay (%) -74.6 2020 yearly 1996 - 2020
Peru (%) -4.7 2024 yearly 1991 - 2024
Philippines (%) 6.9 2024 yearly 1971 - 2024
Poland (%) -46.7 2020 yearly 1996 - 2020
Portugal (%) 7.3 Oct 2025 monthly Jul 2007 - Oct 2025
Qatar (%) -8.5 2020 yearly 2012 - 2020
Romania (%) -62.0 2020 yearly 1996 - 2020
Russia (%) -71.2 2020 yearly 2002 - 2020
Saudi Arabia (%) 19.3 2024 yearly 2005 - 2024
Serbia (%) -28.9 2020 yearly 2003 - 2020
Singapore (%) 11.5 Jun 2025 quarterly Mar 2008 - Jun 2025
Slovakia (%) -61.1 2020 yearly 1996 - 2020
Slovenia (%) -57.7 2020 yearly 1996 - 2020
South Africa (%) 4.8 Sep 2025 monthly Sep 2005 - Sep 2025
Spain (%) 5.9 Sep 2025 monthly Jan 1994 - Sep 2025
Sri Lanka (%) 53.2 2024 yearly 1967 - 2024
Sudan (%) 60.0 2021 yearly 2001 - 2021
Sweden (%) 5.4 2018 yearly 1996 - 2018
Switzerland (%) 3.0 2024 yearly 2002 - 2024
Syria (%) -71.2 2011 yearly 2004 - 2011

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 740.274 Sep 2025 monthly Jan 1995 - Sep 2025
Tax Revenue: % of GDP (%) 8.0 Jun 2025 quarterly Mar 2007 - Jun 2025
National Government Debt (USD mn) 58,832.7 Oct 2025 monthly Jul 2004 - Oct 2025
Government Debt: % of GDP (%) 63.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Forecast: Government Expenditure (PAB bn) 25.641 2030 yearly 1994 - 2030
Forecast: Government Net Debt (PAB bn) 70.554 2030 yearly 1994 - 2030
Forecast: Government Revenue (PAB bn) 23.819 2030 yearly 1994 - 2030
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 487,361.403 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue (PAB th) 2,942,813.523 Dec 2024 monthly Jan 1995 - Dec 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 693,972.524 Dec 2024 monthly Jan 1995 - Dec 2024
Public Debt: Domestic (USD mn) 9,460.795 Jan 2025 monthly Jul 2004 - Jan 2025
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,108.4 Sep 2025 monthly Jan 1964 - Sep 2025
Total Exports (USD mn) 83.9 Sep 2025 monthly Jan 2000 - Sep 2025
Total Exports Growth (%) 0.6 Sep 2025 monthly Jan 2001 - Sep 2025
Aluminum: Exports (USD th) 29,822.596 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 295,370.102 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 16,991.392 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,192.3 Sep 2025 monthly Jan 2000 - Sep 2025
Total Imports Growth (%) 2.0 Sep 2025 monthly Jan 2001 - Sep 2025
Imports: Medicament (USD th) 725,843.056 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 233,578.902 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 20.512 Jul 2025 monthly Jan 1970 - Jul 2025
Total Imports from USA (USD mn) 209.282 Jul 2025 monthly Jan 1967 - Jul 2025
Total Exports to China (USD mn) 1,194.503 2022 yearly 1999 - 2022
Total Imports from China (USD mn) 163.428 Jul 2025 monthly Mar 1989 - Jul 2025
Exports: FOB: Prawn (PAB th) 11,096.530 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Seafood Products (PAB th) 7,601.984 Dec 2024 monthly Jan 2002 - Dec 2024
Exports: FOB (PAB th) 84,431.775 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Banana (PAB th) 19,938.525 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Asia: Rest of Asia: China (PAB th) 1,072,958.000 2021 yearly 1999 - 2021
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -1,419.8 Jun 2025 quarterly Mar 2013 - Jun 2025
Current Account Balance (USD mn) 522.5 Jun 2025 quarterly Mar 1998 - Jun 2025
Current Account Balance: % of GDP (%) 2.6 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Direct Investment (USD mn) -887.1 Jun 2025 quarterly Mar 1998 - Jun 2025
Foreign Direct Investment: % of GDP (%) -4.4 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) 2.2 Jun 2025 quarterly Mar 2007 - Jun 2025
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2025 quarterly Mar 2013 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) 434.124 Jun 2025 quarterly Mar 2013 - Jun 2025
External Debt (USD mn) 48,132.1 Oct 2025 monthly Jul 2004 - Oct 2025
External Debt: % of GDP (%) 169.8 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.9 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -3.079 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -76,500.694 Jun 2025 quarterly Mar 2002 - Jun 2025
BoP: CA: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 824.140 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Debit (PAB mn) -5,833.509 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
Foreign Direct Investment (FDI) (PAB mn) 726.814 Sep 2024 quarterly Mar 2013 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.5 Oct 2025 monthly Dec 2008 - Oct 2025
Household Debt: % of GDP (%) 37.7 Jun 2025 quarterly Dec 2007 - Jun 2025
Non-Performing Loans (USD mn) 1,501.738 Oct 2025 monthly Dec 2008 - Oct 2025
Money Supply M1 (USD mn) 8,864.380 Aug 2025 monthly Dec 2002 - Aug 2025
Money Supply M2 (USD mn) 45,263.270 Aug 2025 monthly Dec 2002 - Aug 2025
M2 Growth (%) 9.0 Aug 2025 monthly Dec 2003 - Aug 2025
Foreign Exchange Reserves (USD mn) 4,972.0 Oct 2025 monthly Oct 1969 - Oct 2025
Foreign Exchange Reserves: % of GDP (%) 4.744 Jun 2025 quarterly Dec 2007 - Jun 2025
Foreign Exchange Reserves: Months of Import (NA) 3.1 Sep 2025 monthly Jan 2000 - Sep 2025
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 115,289.651 Oct 2025 monthly Dec 1998 - Oct 2025
Total Deposits Growth (%) 5.9 Oct 2025 monthly Dec 1999 - Oct 2025
Domestic Credit (USD mn) 65,123.3 Oct 2025 monthly Dec 2001 - Oct 2025
Domestic Credit Growth (%) 1.6 Oct 2025 monthly Dec 2002 - Oct 2025
Household Debt (USD mn) 33,838.9 Oct 2025 monthly Oct 2005 - Oct 2025
Total Loans (USD mn) 102,246.063 Oct 2025 monthly Dec 1998 - Oct 2025
Total Loans Growth (%) 5.29 Oct 2025 monthly Dec 1999 - Oct 2025
Private Debt: % of Nominal GDP (%) 68.25 Jun 2025 quarterly Dec 2007 - Jun 2025
Money Supply: M3 (PAB mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,436.337 Oct 2025 monthly Dec 2002 - Oct 2025

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