Remittances received — all countries

Remittances received — Panama

Remittances received in Panama in 2025 — 634,454,278 US$. Ranked 70 in the world out of 94. Since 1977, the indicator has risen by 511.8%.

2025 634M US$ +19.35% vs 2024
World rank 70of 94
Period maximum 756M US$2014
Period minimum 16.4M US$2000

Trend over time

1977–2025 · US$

Remittances received — Panama, 1977–20250200M400M600M800M197719821987199219972002200720122017202220251977: 103,699,997 US$1978: 120,800,003 US$1979: 135,699,997 US$1980: 65,199,997 US$1981: 61,700,001 US$1982: 75,500,000 US$1983: 78,099,998 US$1984: 74,000,000 US$1985: 99,000,000 US$1986: 100,400,002 US$1987: 104,400,002 US$1988: 102,099,999 US$1989: 102,099,999 US$1990: 109,699,997 US$1991: 108,099,999 US$1992: 102,400,002 US$1993: 108,699,997 US$1994: 112,000,000 US$1995: 112,000,000 US$1996: 86,200,000 US$1997: 64,300,000 US$1998: 58,200,000 US$1999: 48,300,000 US$2000: 16,400,000 US$2001: 73,100,000 US$2002: 84,600,000 US$2003: 106,800,000 US$2004: 108,900,000 US$2005: 129,600,000 US$2006: 300,500,000 US$2007: 355,300,000 US$2008: 378,000,000 US$2009: 337,000,000 US$2010: 410,000,000 US$2011: 368,200,000 US$2012: 410,900,000 US$2013: 461,400,000 US$2014: 756,400,000 US$2015: 554,200,000 US$2016: 502,518,500 US$2017: 533,355,900 US$2018: 537,877,176 US$2019: 580,854,126 US$2020: 386,538,183 US$2021: 566,699,968 US$2022: 526,398,353 US$2023: 515,681,077 US$2024: 531,591,167 US$2025: 634,454,278 US$
Change over the period: +531M (+511.82%) Average annual rate: 3.85 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Panama

Panama 634M US$
World 804B US$
Central America computed 88.03B US$
Remittances received — Panama, by year Panama All countries CSV XLSX
Year US$ Change Change, %
2025 634M +103M +19.35%
2024 532M +15.91M +3.09%
2023 516M −10.72M −2.04%
2022 526M −40.3M −7.11%
2021 567M +180M +46.61%
2020 387M −194M −33.45%
2019 581M +42.98M +7.99%
2018 538M +4.52M +0.85%
2017 533M +30.84M +6.14%
2016 503M −51.68M −9.33%
2015 554M −202M −26.73%
2014 756M +295M +63.94%
2013 461M +50.5M +12.29%
2012 411M +42.7M +11.6%
2011 368M −41.8M −10.2%
2010 410M +73M +21.66%
2009 337M −41M −10.85%
2008 378M +22.7M +6.39%
2007 355M +54.8M +18.24%
2006 301M +171M +131.87%
2005 130M +20.7M +19.01%
2004 109M +2.1M +1.97%
2003 107M +22.2M +26.24%
2002 84.6M +11.5M +15.73%
2001 73.1M +56.7M +345.73%
2000 16.4M −31.9M −66.05%
1999 48.3M −9.9M −17.01%
1998 58.2M −6.1M −9.49%
1997 64.3M −21.9M −25.41%
1996 86.2M −25.8M −23.04%
1995 112M +0 +0%
1994 112M +3.3M +3.04%
1993 109M +6.3M +6.15%
1992 102M −5.7M −5.27%
1991 108M −1.6M −1.46%
1990 110M +7.6M +7.44%
1989 102M +0 +0%
1988 102M −2.3M −2.2%
1987 104M +4M +3.98%
1986 100M +1.4M +1.41%
1985 99M +25M +33.78%
1984 74M −4.1M −5.25%
1983 78.1M +2.6M +3.44%
1982 75.5M +13.8M +22.37%
1981 61.7M −3.5M −5.37%
1980 65.2M −70.5M −51.95%
1979 136M +14.9M +12.33%
1978 121M +17.1M +16.49%
1977 104M

Central America, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.