Azerbaijan vs Panama: Personal remittances, paid
Personal remittances, paid over time
- Azerbaijan
- Panama
How they compare
Azerbaijan currently reports 643.39 million current US$ against 610.54 million current US$ in Panama, a difference of 32.85 million current US$.
That makes Azerbaijan's figure about 1.1 times Panama's.
The two have swapped places 3 times across 31 shared years of data; in 1995 it was Panama ahead.
Azerbaijan ranks 69th and Panama ranks 72nd of 195 countries.
Azerbaijan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Azerbaijan | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 30.10 million current US$ | 20.70 million current US$ | 9.40 million current US$ | Azerbaijan |
| 2000s | 285.80 million current US$ | 169.49 million current US$ | 116.31 million current US$ | Azerbaijan |
| 2010s | 1.21 billion current US$ | 709.86 million current US$ | 497.89 million current US$ | Azerbaijan |
| 2020s | 723.09 million current US$ | 560.91 million current US$ | 162.18 million current US$ | Azerbaijan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher personal remittances, paid, Azerbaijan or Panama?
- Azerbaijan, at 643.39 million current US$ against 610.54 million current US$ in Panama as of 2025.
- What is the difference in personal remittances, paid between Azerbaijan and Panama?
- 32.85 million current US$, with Azerbaijan ahead.
- How many years of comparable data are there for Azerbaijan and Panama?
- 31 years are reported by both, from 1995 to 2025.
- How do Azerbaijan and Panama rank globally for personal remittances, paid?
- Azerbaijan ranks 69th and Panama ranks 72nd of 195 countries.
- Where does this data come from?
- IMF balance of payments data, International Monetary Fund (IMF), published as Personal remittances, paid (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.