Panama Visitor Arrivals Growth

2006 - 2024 | Monthly | % | CEIC Data

Key information about Panama Visitor Arrivals

  • Panama Visitor Arrivals grew 26.4 % in Nov 2024, compared with an increase of 9.9 % in the previous month
  • Panama Visitor Arrivals Growth rate data is updated monthly, available from Jan 2006 to Nov 2024
  • The data reached an all-time high of 500.6 % in Jan 2022 and a record low of -100.0 % in Sep 2020
CEIC calculates Tourist Arrivals Growth from monthly Tourist Arrivals. The National Institute of Statistics and Census provides Tourist Arrivals.

Further information about Panama Visitor Arrivals

  • In the latest reports, Panama Visitor Arrivals recorded 155,828.0 person in the month of Oct 2024
  • Tourism Revenue of Panama reached 1.8 USD bn in Dec 2020, a decrease of 72.7 % change from the previous year

View Panama's Visitor Arrivals Growth from Jan 2006 to Nov 2024 in the chart:

Panama Visitor Arrivals Growth

What was Panama's Visitor Arrivals Growth in Nov 2024?

Panama Visitor Arrivals grew 26.4 % in Nov 2024, compared with an increase of 9.9 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
26.4 Nov 2024 9.9 Oct 2024 -100.0 Sep 2020 500.6 Jan 2022 % monthly Jan 2006 - Nov 2024

Visitor Arrivals Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 9.4 Dec 2024 quarterly Mar 2006 - Dec 2024
Algeria (%) 25.6 2016 yearly 2004 - 2016
Argentina (%) -8.4 Dec 2024 quarterly Mar 2017 - Dec 2024
Armenia (%) 91.4 2022 yearly 1996 - 2022
Australia (%) 7.8 Dec 2024 monthly Jan 1977 - Dec 2024
Austria (%) -5.3 Feb 2025 monthly Jan 1975 - Feb 2025
Azerbaijan (%) -74.9 2020 yearly 1996 - 2020
Bahrain (%) -82.7 2020 yearly 1996 - 2020
Bangladesh (%) -25.5 2021 yearly 1982 - 2021
Belarus (%) -69.6 2020 yearly 2001 - 2020
Belgium (%) 153.5 2022 yearly 1993 - 2022
Bolivia (%) -73.9 2020 yearly 1996 - 2020
Bosnia and Herzegovina (%) 15.9 Jan 2025 monthly Jan 2008 - Jan 2025
Botswana (%) 3.1 2018 yearly 1996 - 2018
Brazil (%) -65.3 2021 yearly 1990 - 2021
Brunei (%) -75.9 2020 yearly 1996 - 2020
Bulgaria (%) -0.3 Jan 2025 monthly Jan 2003 - Jan 2025
Cambodia (%) 12.8 May 2019 monthly Jan 1999 - May 2019
Canada (%) 12.4 Nov 2024 monthly Jan 1973 - Nov 2024
Chile (%) -60.7 Mar 2020 monthly Jul 2017 - Mar 2020
China (%) 9.6 Feb 2016 monthly Jan 2001 - Feb 2016
Colombia (%) -6.2 Jan 2025 monthly Jan 2008 - Jan 2025
Croatia (%) 4.4 Dec 2024 monthly Nov 2000 - Dec 2024
Cyprus (%) 27.4 Jan 2025 monthly Jan 2003 - Jan 2025
Czech Republic (%) 2.6 2019 yearly 2004 - 2019
Denmark (%) -52.9 2020 yearly 2004 - 2020
Ecuador (%) 15.0 2023 yearly 1998 - 2023
Egypt (%) 123.9 2022 yearly 1983 - 2022
Estonia (%) 11.1 2024 yearly 1997 - 2024
European Union (%) 5.2 2024 yearly 2009 - 2024
Finland (%) 19.6 Jan 2025 monthly Jan 1996 - Jan 2025
France (%) -46.2 2020 yearly 2005 - 2020
Georgia (%) -80.4 2020 yearly 1996 - 2020
Germany (%) 1.4 Jan 2025 monthly Jan 1993 - Jan 2025
Greece (%) 23.6 Nov 2024 monthly Jan 2006 - Nov 2024
Hong Kong SAR, China (%) 17.2 Jan 2025 monthly Mar 2007 - Jan 2025
Hungary (%) 2.0 Dec 2024 quarterly Mar 2005 - Dec 2024
Iceland (%) -77.8 2020 yearly 1996 - 2020
India (%) -6.6 Dec 2024 monthly Mar 1988 - Dec 2024
Indonesia (%) 8.7 Dec 2024 monthly Jan 1980 - Dec 2024
Iran (%) -83.0 2020 yearly 1996 - 2020
Ireland (%) 0.2 2019 yearly 1996 - 2019
Israel (%) 30.7 Feb 2025 monthly Jan 2004 - Feb 2025
Italy (%) 11.7 2024 yearly 1991 - 2024
Ivory Coast (%) -67.7 2020 yearly 1996 - 2020
Japan (%) 40.6 Jan 2025 monthly Jan 1963 - Jan 2025
Jordan (%) 29.2 2023 yearly 2003 - 2023
Kazakhstan (%) -76.1 2020 yearly 1997 - 2020
Kenya (%) 51.8 2021 yearly 1992 - 2021
South Korea (%) 44.4 Jan 2025 monthly Jan 1976 - Jan 2025
Kosovo (%) 21.9 Dec 2024 quarterly Mar 2017 - Dec 2024
Kuwait (%) -0.4 Dec 2022 monthly Jan 1998 - Dec 2022
Kyrgyzstan (%) 109.5 2022 yearly 1999 - 2022
Laos (%) 60.1 Dec 2023 monthly Jan 2007 - Dec 2023
Latvia (%) 17.1 Dec 2024 quarterly Mar 2003 - Dec 2024
Lebanon (%) -19.1 2024 yearly 1997 - 2024
Lithuania (%) -9.0 2024 yearly 1996 - 2024
Luxembourg (%) -49.6 2020 yearly 1996 - 2020
Macau SAR, China (%) 7.9 Jan 2025 monthly Jan 2009 - Jan 2025
North Macedonia (%) 0.4 Nov 2024 monthly Jan 1996 - Nov 2024
Malawi (%) 4.1 2018 yearly 1996 - 2018
Malaysia (%) 9.8 Dec 2024 monthly Jan 1990 - Dec 2024
Malta (%) 20.5 Dec 2024 monthly Jan 2002 - Dec 2024
Mauritius (%) -6.7 Feb 2025 monthly Jan 1999 - Feb 2025
Mexico (%) 8.5 Jan 2025 monthly Jan 1981 - Jan 2025
Moldova (%) 55.1 2024 yearly 1993 - 2024
Mongolia (%) 22.5 2024 yearly 1996 - 2024
Montenegro (%) 22.7 Jan 2025 monthly Jan 2011 - Jan 2025
Morocco (%) 351.2 Feb 2023 monthly Jan 2006 - Feb 2023
Myanmar (%) -41.0 Feb 2025 monthly Jan 2006 - Feb 2025
Nepal (%) -0.6 Feb 2025 monthly Jan 1992 - Feb 2025
Netherlands (%) 3.9 Oct 2024 monthly Jan 2013 - Oct 2024
New Zealand (%) 14.6 Jan 2025 monthly Apr 1979 - Jan 2025
Nigeria (%) -12.5 2016 yearly 1996 - 2016
Norway (%) -76.2 2020 yearly 1996 - 2020
Oman (%) -75.2 2020 yearly 2002 - 2020
Panama (%) 26.4 Nov 2024 monthly Jan 2006 - Nov 2024
Paraguay (%) 187.6 Dec 2022 monthly Jan 2000 - Dec 2022
Peru (%) 6.8 Dec 2024 monthly Jan 2003 - Dec 2024
Philippines (%) -8.4 Feb 2025 monthly Jan 1989 - Feb 2025
Poland (%) 19.1 2023 yearly 1996 - 2023
Portugal (%) -75.7 2020 yearly 1996 - 2020
Qatar (%) 25.2 2024 yearly 2010 - 2024
Romania (%) -20.1 Dec 2024 monthly Jan 2005 - Dec 2024
Russia (%) -0.4 2023 yearly 1996 - 2023
Saudi Arabia (%) 12.5 Sep 2015 monthly Jan 2005 - Sep 2015
Serbia (%) 15.9 Jan 2025 monthly Feb 2006 - Jan 2025
Singapore (%) 10.3 Jan 2025 monthly Jan 2009 - Jan 2025
Slovakia (%) 3.9 2024 yearly 1999 - 2024
Slovenia (%) 13.2 Jan 2025 monthly Jan 1998 - Jan 2025
South Africa (%) 0.6 2024 yearly 1976 - 2024
Spain (%) 6.1 Jan 2025 monthly Jan 1996 - Jan 2025
Sri Lanka (%) 10.0 Feb 2025 monthly Jan 1980 - Feb 2025
Sudan (%) 55.6 2021 yearly 1991 - 2021
Sweden (%) -74.3 2020 yearly 1996 - 2020
Switzerland (%) 13.8 Jan 2025 monthly Jan 1997 - Jan 2025
Syria (%) 34.5 2019 yearly 1996 - 2019
Taiwan (%) 8.5 Nov 2024 monthly Jan 1984 - Nov 2024
Tajikistan (%) 140.1 2018 yearly 1997 - 2018
Thailand (%) -6.9 Feb 2025 monthly Jan 1982 - Feb 2025

Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.4 2024 yearly 2003 - 2024
Consolidated Fiscal Balance (USD mn) -6,416.100 2024 yearly 2003 - 2024
Tax Revenue (USD mn) 693.973 Dec 2024 monthly Jan 1995 - Dec 2024
Tax Revenue: % of GDP (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
National Government Debt (USD mn) 53,655.2 Jan 2025 monthly Jul 2004 - Jan 2025
Government Debt: % of GDP (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue (PAB th) 2,942,813.523 Dec 2024 monthly Jan 1995 - Dec 2024
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: 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) -1,059.7 Dec 2024 monthly Jan 1964 - Dec 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) 20.8 Dec 2024 monthly Jan 2001 - Dec 2024
Aluminum: Exports (USD th) 6,067.531 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 329,464.345 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 10,079.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,144.1 Dec 2024 monthly Jan 2000 - Dec 2024
Total Imports Growth (%) -1.9 Dec 2024 monthly Jan 2001 - Dec 2024
Imports: Medicament (USD th) 1,071,085.390 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 333,744.579 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 13.974 Nov 2024 monthly Jan 1970 - Nov 2024
Total Imports from USA (USD mn) 172.879 Nov 2024 monthly Jan 1967 - Nov 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 166.517 Nov 2024 monthly Mar 1989 - Nov 2024
Exports: FOB: Prawn (PAB th) 11,096.530 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB: Banana (PAB th) 19,938.525 Dec 2024 monthly Jan 2000 - Dec 2024
Exports: FOB (PAB th) 84,431.775 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: 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: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 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) 52.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Current Account Balance (USD mn) 824.1 Sep 2024 quarterly Mar 1998 - Sep 2024
Current Account Balance: % of GDP (%) 3.9 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Direct Investment (USD mn) 726.8 Sep 2024 quarterly Mar 1998 - Sep 2024
Foreign Direct Investment: % of GDP (%) 3.5 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) -1.7 Sep 2024 quarterly Mar 2007 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2024 quarterly Mar 2013 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
External Debt (USD mn) 44,194.4 Jan 2025 monthly Jul 2004 - Jan 2025
External Debt: % of GDP (%) 167.4 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 (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.904 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -78,418.321 Sep 2024 quarterly Mar 2002 - Sep 2024
BoP: Net Errors and Omissions (PAB mn) -2,237.755 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods (PAB mn) -1,502.437 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income (PAB mn) -1,297.490 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Debit (PAB mn) 0.000 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: FA: Direct Investment (PAB mn) 674.772 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services (PAB mn) 3,683.629 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: Services: Debit (PAB mn) -1,348.937 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Services: Credit (PAB mn) 5,032.566 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -361.598 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Credit (PAB mn) 1,000.008 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financial Account (FA) (PAB mn) 1,446.866 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Goods: Credit (PAB mn) 4,331.072 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Financing: Reserve Assets (PAB mn) -5.330 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: Capital Account: Credit (PAB mn) 2.333 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) 924.830 Sep 2024 quarterly Mar 2013 - Sep 2024
BoP: CA: Income: Debit (PAB mn) -2,297.497 Sep 2024 quarterly Mar 2013 - Sep 2024
International Investment Position (IIP) (USD mn) -78,418.321 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Assets (USD mn) 103,227.647 Sep 2024 quarterly Mar 2015 - Sep 2024
IIP: Liabilities (USD mn) 181,645.968 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 Dec 2024 monthly Dec 2008 - Dec 2024
Household Debt: % of GDP (%) 38.3 Sep 2024 quarterly Dec 2007 - Sep 2024
Non-Performing Loans (USD mn) 1,468.720 Dec 2024 monthly Dec 2008 - Dec 2024
Money Supply M1 (USD mn) 9,218.690 Dec 2024 monthly Dec 2002 - Dec 2024
Money Supply M2 (USD mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
M2 Growth (%) 9.5 Dec 2024 monthly Dec 2003 - Dec 2024
Foreign Exchange Reserves (USD mn) 5,610.8 Jan 2025 monthly Oct 1969 - Jan 2025
Foreign Exchange Reserves: % of GDP (%) 5.697 Sep 2024 quarterly Dec 2007 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 5.5 Dec 2024 monthly Jan 2000 - Dec 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 110,484.526 Dec 2024 monthly Dec 1998 - Dec 2024
Total Deposits Growth (%) 5.1 Dec 2024 monthly Dec 1999 - Dec 2024
Domestic Credit (USD mn) 63,585.5 Dec 2024 monthly Dec 2001 - Dec 2024
Domestic Credit Growth (%) 4.9 Dec 2024 monthly Dec 2002 - Dec 2024
Household Debt (USD mn) 32,866.2 Dec 2024 monthly Oct 2005 - Dec 2024
Total Loans (USD mn) 97,419.720 Dec 2024 monthly Dec 1998 - Dec 2024
Total Loans Growth (%) 8.86 Dec 2024 monthly Dec 1999 - Dec 2024
Private Debt: % of Nominal GDP (%) 69.77 Sep 2024 quarterly Dec 2007 - Sep 2024
Money Supply: M3 (PAB mn) 43,274.380 Dec 2024 monthly Dec 2002 - Dec 2024
LC: National Banking System: Private Sector: Mortgage (PAB mn) 21,113.420 Dec 2024 monthly Dec 2002 - Dec 2024

More Indicators for Panama

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data