Panama Visitor Arrivals Growth

2006 - 2023 | Monthly | % | CEIC Data

Key information about Panama Visitor Arrivals

  • Panama Visitor Arrivals dropped 2.1 % in Nov 2023, compared with an increase of 6.7 % in the previous month
  • Panama Visitor Arrivals Growth rate data is updated monthly, available from Jan 2006 to Nov 2023
  • 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 137,480.0 person in the month of Nov 2023
  • 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 2023 in the chart:

Panama Visitor Arrivals Growth

What was Panama's Visitor Arrivals Growth in Nov 2023?

Panama Visitor Arrivals dropped 2.1 % in Nov 2023, compared with an increase of 6.7 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-2.1 Nov 2023 6.7 Oct 2023 -100.0 Sep 2020 500.6 Jan 2022 % monthly Jan 2006 - Nov 2023

Visitor Arrivals Growth by Country Comparison

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country/region Last Frequency Range
Albania (%) 70.1 Dec 2023 quarterly Mar 2006 - Dec 2023
Algeria (%) 25.6 2016 yearly 2004 - 2016
Argentina (%) 39.3 Dec 2023 quarterly Mar 2017 - Dec 2023
Armenia (%) 91.4 2022 yearly 1996 - 2022
Australia (%) 35.1 Dec 2023 monthly Jan 1977 - Dec 2023
Austria (%) 11.3 Dec 2023 monthly Jan 1975 - Dec 2023
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 (%) 7.5 Dec 2023 monthly Jan 2008 - Dec 2023
Botswana (%) 3.1 2018 yearly 1996 - 2018
Brazil (%) -65.3 2021 yearly 1990 - 2021
Brunei (%) -75.9 2020 yearly 1996 - 2020
Bulgaria (%) 3.1 Dec 2023 monthly Jan 2003 - Dec 2023
Cambodia (%) 12.8 May 2019 monthly Jan 1999 - May 2019
Canada (%) 20.8 Dec 2023 monthly Jan 1973 - Dec 2023
Chile (%) -60.7 Mar 2020 monthly Jul 2017 - Mar 2020
China (%) 9.6 Feb 2016 monthly Jan 2001 - Feb 2016
Colombia (%) 19.9 Nov 2023 monthly Jan 2008 - Nov 2023
Croatia (%) 17.5 Dec 2023 monthly Nov 2000 - Dec 2023
Cyprus (%) 12.3 Dec 2023 monthly Jan 2003 - Dec 2023
Czech Republic (%) 2.6 2019 yearly 2004 - 2019
Denmark (%) -52.9 2020 yearly 2004 - 2020
Ecuador (%) 106.0 2022 yearly 1998 - 2022
Egypt (%) 14.8 2019 yearly 1983 - 2019
Estonia (%) 13.8 2023 yearly 1997 - 2023
European Union (%) 16.6 2023 yearly 2009 - 2023
Finland (%) 11.5 Jan 2024 monthly Jan 1996 - Jan 2024
France (%) -46.2 2020 yearly 2005 - 2020
Georgia (%) -80.4 2020 yearly 1996 - 2020
Germany (%) 13.9 Dec 2023 monthly Jan 1993 - Dec 2023
Greece (%) 27.5 Nov 2023 monthly Jan 2006 - Nov 2023
Hong Kong SAR, China (%) 455.0 Jan 2024 monthly Mar 2007 - Jan 2024
Hungary (%) 2.3 Sep 2023 quarterly Mar 2005 - Sep 2023
Iceland (%) -77.8 2020 yearly 1996 - 2020
India (%) 7.8 Dec 2023 monthly Mar 1988 - Dec 2023
Indonesia (%) 16.2 Jan 2024 monthly Jan 1980 - Jan 2024
Iran (%) -83.0 2020 yearly 1996 - 2020
Ireland (%) 0.2 2019 yearly 1996 - 2019
Israel (%) -77.2 Jan 2024 monthly Jan 2004 - Jan 2024
Italy (%) 20.7 2023 yearly 1991 - 2023
Ivory Coast (%) -67.7 2020 yearly 1996 - 2020
Japan (%) 79.5 Jan 2024 monthly Jan 1963 - Jan 2024
Jordan (%) 150.7 2022 yearly 2003 - 2022
Kazakhstan (%) -76.1 2020 yearly 1997 - 2020
Kenya (%) 51.8 2021 yearly 1992 - 2021
South Korea (%) 103.5 Jan 2024 monthly Jan 1976 - Jan 2024
Kosovo (%) 77.1 Dec 2023 quarterly Mar 2017 - Dec 2023
Kuwait (%) 17.7 Dec 2021 monthly Jan 1998 - Dec 2021
Kyrgyzstan (%) 109.5 2022 yearly 1999 - 2022
Laos (%) -51.9 Mar 2020 monthly Jan 2007 - Mar 2020
Latvia (%) 11.6 Dec 2023 quarterly Mar 2003 - Dec 2023
Lebanon (%) 107.5 2022 yearly 1997 - 2022
Lithuania (%) -62.9 2020 yearly 1996 - 2020
Luxembourg (%) -49.6 2020 yearly 1996 - 2020
Macau SAR, China (%) 69.3 Jan 2024 monthly Jan 2009 - Jan 2024
North Macedonia (%) 18.5 Dec 2023 monthly Jan 1996 - Dec 2023
Malawi (%) 4.1 2018 yearly 1996 - 2018
Malaysia (%) 26.3 Dec 2023 monthly Jan 1990 - Dec 2023
Malta (%) 16.6 Dec 2023 monthly Jan 2002 - Dec 2023
Mauritius (%) 10.7 Dec 2023 monthly Jan 1999 - Dec 2023
Mexico (%) 7.8 Dec 2023 monthly Jan 1981 - Dec 2023
Moldova (%) 50.3 2023 yearly 1993 - 2023
Mongolia (%) 107.5 2023 yearly 1996 - 2023
Montenegro (%) -4.2 Dec 2023 monthly Jan 2011 - Dec 2023
Morocco (%) 0.7 Dec 2019 monthly Jan 2006 - Dec 2019
Myanmar (%) 371.1 Dec 2023 monthly Jan 2006 - Dec 2023
Nepal (%) 43.6 Jan 2024 monthly Jan 1992 - Jan 2024
Netherlands (%) 14.0 Jan 2024 monthly Jan 2013 - Jan 2024
New Zealand (%) 15.3 Dec 2023 monthly Apr 1979 - Dec 2023
Nigeria (%) -12.5 2016 yearly 1996 - 2016
Norway (%) -76.2 2020 yearly 1996 - 2020
Oman (%) -75.2 2020 yearly 2002 - 2020
Panama (%) -2.1 Nov 2023 monthly Jan 2006 - Nov 2023
Paraguay (%) 409.7 Dec 2021 monthly Jan 2000 - Dec 2021
Peru (%) 75.7 Jan 2024 monthly Jan 2003 - Jan 2024
Philippines (%) 27.5 Jan 2024 monthly Jan 1989 - Jan 2024
Poland (%) 64.0 2022 yearly 1996 - 2022
Portugal (%) -75.7 2020 yearly 1996 - 2020
Qatar (%) 58.4 2023 yearly 2010 - 2023
Romania (%) 1.3 Jan 2024 monthly Jan 2005 - Jan 2024
Russia (%) 16.4 2022 yearly 1996 - 2022
Saudi Arabia (%) 12.5 Sep 2015 monthly Jan 2005 - Sep 2015
Serbia (%) 10.0 Dec 2023 monthly Feb 2006 - Dec 2023
Singapore (%) 43.6 Jan 2024 monthly Jan 2009 - Jan 2024
Slovakia (%) 30.7 2023 yearly 1999 - 2023
Slovenia (%) -0.5 Jan 2024 monthly Jan 1998 - Jan 2024
South Africa (%) -73.7 2020 yearly 1996 - 2020
Spain (%) 15.3 Jan 2024 monthly Jan 1996 - Jan 2024
Sri Lanka (%) 103.1 Jan 2024 monthly Jan 1980 - Jan 2024
Sudan (%) 55.6 2021 yearly 1991 - 2021
Sweden (%) -74.3 2020 yearly 1996 - 2020
Switzerland (%) 5.9 Jan 2024 monthly Jan 1997 - Jan 2024
Syria (%) 34.5 2019 yearly 1996 - 2019
Taiwan (%) 169.7 Dec 2023 monthly Jan 1984 - Dec 2023
Tajikistan (%) 140.1 2018 yearly 1997 - 2018
Thailand (%) 41.5 Jan 2024 monthly Jan 1982 - Jan 2024

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Panama Key Series

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Includes 164 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.0 2022 yearly 2003 - 2022
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 762.604 Dec 2023 monthly Jan 1995 - Dec 2023
Tax Revenue: % of GDP (%) 7.2 Sep 2023 quarterly Mar 2007 - Sep 2023
National Government Debt (USD mn) 46,894.6 Jan 2024 monthly Jul 2004 - Jan 2024
Government Debt: % of GDP (%) 56.0 Sep 2023 quarterly Dec 2007 - Sep 2023
Forecast: Government Expenditure (PAB bn) 22.880 2028 yearly 1994 - 2028
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 21.239 2028 yearly 1994 - 2028
Central Government Revenue: Current Revenue: Tax (PAB th) 762,604.057 Dec 2023 monthly Jan 1995 - Dec 2023
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 553,673.642 Dec 2023 monthly Jan 1995 - Dec 2023
Central Government Revenue: Current Revenue (PAB th) 3,105,099.378 Dec 2023 monthly Jan 1995 - Dec 2023
Public Debt: Domestic (USD mn) 7,004.936 Jan 2024 monthly Jul 2004 - Jan 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,100.0 Dec 2023 monthly Jan 1964 - Dec 2023
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -79.6 Dec 2023 monthly Jan 2001 - Dec 2023
Aluminum: Exports (USD th) 1,490.770 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,171.0 Dec 2023 monthly Jan 2000 - Dec 2023
Total Imports Growth (%) -6.6 Dec 2023 monthly Jan 2001 - Dec 2023
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 14.124 Nov 2023 monthly Jan 1970 - Nov 2023
Total Imports from USA (USD mn) 179.004 Nov 2023 monthly Jan 1967 - Nov 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 149.250 Nov 2023 monthly Mar 1989 - Nov 2023
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
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 122.2 Sep 2023 quarterly Mar 2013 - Sep 2023
Current Account Balance (USD mn) -5,854.6 Sep 2023 quarterly Mar 1998 - Sep 2023
Current Account Balance: % of GDP (%) -28.8 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Direct Investment (USD mn) -176.4 Sep 2023 quarterly Mar 1998 - Sep 2023
Foreign Direct Investment: % of GDP (%) -0.9 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment (USD mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) 0.2 Sep 2023 quarterly Mar 2007 - Sep 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Sep 2023 quarterly Mar 2013 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
External Debt (USD mn) 39,889.6 Jan 2024 monthly Jul 2004 - Jan 2024
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) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -73,105.081 Sep 2023 quarterly Mar 2002 - Sep 2023
BoP: Net Errors and Omissions (PAB mn) 3,834.392 Sep 2023 quarterly Mar 2013 - Sep 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) -5,854.602 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods (PAB mn) -8,365.923 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods: Credit (PAB mn) 4,746.572 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Goods: Debit (PAB mn) -13,112.495 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services (PAB mn) 3,487.795 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services: Debit (PAB mn) -1,488.692 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income (PAB mn) -920.422 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income: Credit (PAB mn) 935.134 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Services: Credit (PAB mn) 4,976.487 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account (PAB mn) 2.380 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: CA: Income: Debit (PAB mn) -1,855.556 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Financial Account (FA) (PAB mn) 723.337 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Financing: Reserve Assets (PAB mn) 1,266.187 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Direct Investment (PAB mn) -298.620 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 44.032 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) 540.810 Sep 2023 quarterly Mar 2013 - Sep 2023
BoP: Capital Account: Credit (PAB mn) 2.380 Sep 2023 quarterly Mar 2013 - Sep 2023
International Investment Position (IIP) (USD mn) -73,105.081 Sep 2023 quarterly Mar 2015 - Sep 2023
IIP: Assets (USD mn) 97,645.344 Sep 2023 quarterly Mar 2015 - Sep 2023
IIP: Liabilities (USD mn) 170,750.425 Sep 2023 quarterly Mar 2015 - Sep 2023
Foreign Direct Investment (FDI) (PAB mn) -176.394 Sep 2023 quarterly Mar 2013 - Sep 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Nov 2023 monthly Dec 2008 - Nov 2023
Household Debt: % of GDP (%) 38.3 Sep 2023 quarterly Dec 2007 - Sep 2023
Non-Performing Loans (USD mn) 1,670.620 Nov 2023 monthly Dec 2008 - Nov 2023
Money Supply M1 (USD mn) 9,005.520 Nov 2023 monthly Dec 2002 - Nov 2023
Money Supply M2 (USD mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023
M2 Growth (%) 2.9 Nov 2023 monthly Dec 2003 - Nov 2023
Foreign Exchange Reserves (USD mn) 5,420.6 Jan 2024 monthly Oct 1969 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 5.035 Sep 2023 quarterly Dec 2007 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 5.2 Dec 2023 monthly Jan 2000 - Dec 2023
Gold Reserves (USD mn) 0.000 Jan 2024 monthly Sep 1969 - Jan 2024
Total Deposits (USD mn) 104,202.564 Nov 2023 monthly Dec 1998 - Nov 2023
Total Deposits Growth (%) 5.2 Nov 2023 monthly Dec 1999 - Nov 2023
Domestic Credit (USD mn) 60,945.5 Nov 2023 monthly Dec 2001 - Nov 2023
Domestic Credit Growth (%) 3.4 Nov 2023 monthly Dec 2002 - Nov 2023
Household Debt (USD mn) 31,588.9 Nov 2023 monthly Oct 2005 - Nov 2023
Total Loans (USD mn) 89,824.234 Nov 2023 monthly Dec 1998 - Nov 2023
Total Loans Growth (%) 4.14 Nov 2023 monthly Dec 1999 - Nov 2023
Private Debt: % of Nominal GDP (%) 69.44 Sep 2023 quarterly Dec 2007 - Sep 2023
Money Supply: M3 (PAB mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023

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