PA: Average Transaction Cost of Sending Remittances to a Specific Country

2011 - 2017 | Yearly | % | World Bank

PA: Average Transaction Cost of Sending Remittances to a Specific Country data was reported at 4.950 % in 2017. This records an increase from the previous number of 4.849 % for 2016. PA: Average Transaction Cost of Sending Remittances to a Specific Country data is updated yearly, averaging 4.950 % from Dec 2011 to 2017, with 7 observations. The data reached an all-time high of 5.448 % in 2011 and a record low of 4.691 % in 2015. PA: Average Transaction Cost of Sending Remittances to a Specific Country data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Payment System. Average transaction cost of sending remittance to a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database to a specific country.; ; World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org; Unweighted average;

View Panama's PA: Average Transaction Cost of Sending Remittances to a Specific Country from 2011 to 2017 in the chart:

Panama PA: Average Transaction Cost of Sending Remittances to a Specific Country

What was Panama's PA: Average Transaction Cost of Sending Remittances to a Specific Country in 2017?

Last Previous Min Max Unit Frequency Range
4.95 2017 4.85 2016 4.69 2015 5.45 2011 % yearly 2011 - 2017

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 40,374.590 2026 yearly 1980 - 2026
Forecast: Nominal GDP Per Capita (USD) 17,948.630 2026 yearly 1980 - 2026
Forecast: Real GDP Growth (%) 5.000 2026 yearly 1980 - 2026
GDP Deflator Growth (%) -5.1 Sep 2020 quarterly Mar 2008 - Sep 2020
GDP per Capita (USD) 14,339.427 2016 yearly 1950 - 2016
Gross Fixed Capital Formation (USD mn) 24,964.829 2019 yearly 1996 - 2019
Gross National Product (GNP) (USD mn) 62,397.364 2019 yearly 1960 - 2019
Gross Savings Rate (%) 36.6 2019 yearly 1960 - 2019
Investment: % of GDP (%) 39.3 2019 yearly 1996 - 2019
Nominal GDP (USD mn) 14,995.4 Dec 2020 quarterly Mar 2007 - Dec 2020
Nominal GDP Growth (%) -14.310 Dec 2020 quarterly Mar 2008 - Dec 2020
Private Consumption Expenditure (USD mn) 34,357.790 2019 yearly 1969 - 2019
Private Consumption: % of GDP (%) 51.4 2019 yearly 1996 - 2019
Public Consumption Expenditure (USD mn) 7,982.752 2019 yearly 1950 - 2019
Public Consumption: % of GDP (%) 12.0 2019 yearly 1996 - 2019
Real GDP Growth (%) -23.6 Sep 2020 quarterly Mar 2008 - Sep 2020
Total Trade of Goods & Services: % of Nominal GDP (%) 84.164 2019 yearly 1960 - 2019
Production Last Frequency Range
Gold Production (kg) 400.000 2017 yearly 1990 - 2017
Industrial Production Index Growth (%) -34.0 Jun 2020 monthly Jan 2004 - Jun 2020
Minerals Production (Metric Ton) 17,281.000 2018 yearly 2009 - 2018
Silver Production (Metric Ton) 2.000 2016 yearly 1993 - 2016
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -10.1 2020 yearly 2003 - 2020
Forecast: Government Expenditure (PAB bn) 18.463 2026 yearly 1994 - 2026
Forecast: Government Net Debt (PAB bn) 45.856 2026 yearly 1994 - 2026
Forecast: Government Revenue (PAB bn) 17.220 2026 yearly 1994 - 2026
Government Debt: % of GDP (%) 69.8 Dec 2020 quarterly Dec 2007 - Dec 2020
National Government Debt (USD mn) 36,959.9 Dec 2020 monthly Jul 2004 - Dec 2020
Tax Revenue (USD mn) 247.841 Feb 2021 monthly Jan 1995 - Feb 2021
Consolidated Fiscal Balance (USD mn) -5,350.400 2020 yearly 2003 - 2020
Tax Revenue: % of GDP (%) 8.5 Sep 2020 quarterly Mar 2007 - Sep 2020
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 1,063,250.000 Aug 2017 monthly Mar 2008 - Aug 2017
Forecast: Employment (Person mn) 0.000 yearly -
Forecast: Population (Person mn) 4.621 2026 yearly 1980 - 2026
Forecast: Unemployment Rate (%) 8.840 2026 yearly 1980 - 2026
Labour Force Participation Rate (%) 66.5 2019 yearly 2003 - 2019
Labour Productivity Growth (%) 0.80 2019 yearly 1992 - 2019
Monthly Earnings (USD) 1,209 2019 yearly 1970 - 2019
Population (Person mn) 4.3 2020 yearly 1950 - 2020
Unemployment Rate (%) 7.10 2019 yearly 2003 - 2019
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 7,851.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicle Sales: Passenger Cars (Unit) 39,049.000 Dec 2019 semiannually Dec 2005 - Dec 2019
Motor Vehicles Sales (Unit) 2,358 Feb 2021 monthly Jan 2005 - Feb 2021
Motor Vehicles Sales Growth (%) -33.1 Feb 2021 monthly Jan 2006 - Feb 2021

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