Panama vs Portugal: Spending by international visitors while visiting a country as a share of GDP

Panama
10.5%
in 2024
Portugal
11.3%
in 2024
Panama rank
37th
Portugal rank
34th

Spending by international visitors while visiting a country as a share of GDP over time

  • Panama
  • Portugal
4681012199520092024

How they compare

Portugal currently reports 11.3% against 10.5% in Panama, a difference of 0.8%.

That makes Portugal's figure about 1.1 times Panama's.

The two have swapped places 4 times across 30 shared years of data; in 1995 it was Portugal ahead.

Panama ranks 37th and Portugal ranks 34th of 191 countries.

Across the 4 decades both report, Panama averaged higher in 2 and Portugal in 2.

Head to head by decade

Decade Panama Portugal Difference Ahead
1990s 4.4% 4.8% 0.4% Portugal
2000s 6.8% 5.0% 1.8% Panama
2010s 10.5% 8.0% 2.5% Panama
2020s 7.8% 8.6% 0.8% Portugal

Averages of every year both report within each decade.

Frequently asked questions

Which has higher spending by international visitors while visiting a country as a share of gdp, Panama or Portugal?
Portugal, at 11.3% against 10.5% in Panama as of 2024.
What is the difference in spending by international visitors while visiting a country as a share of gdp between Panama and Portugal?
0.8%, with Portugal ahead.
How many years of comparable data are there for Panama and Portugal?
30 years are reported by both, from 1995 to 2024.
How do Panama and Portugal rank globally for spending by international visitors while visiting a country as a share of gdp?
Panama ranks 37th and Portugal ranks 34th of 191 countries.
Where does this data come from?
UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as Spending by international visitors while visiting a country as a share of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Panama vs Portugal: Spending by international visitors while visiting a country as a share of GDP. Statizoid, drawing on UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/spending-by-international-visitors-while-visiting-a-country-as-a-share-of-gdp/panama/portugal/

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About this data

Indicator
Spending by international visitors while visiting a country as a share of GDP
Unit
%
Source
UN Tourism (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 4,349 data points, 1995–2024
Last refreshed

Money received by the destination country from foreign visitors, including spending on accommodation, food, transport, entertainment, shopping, and fares paid to the country’s own airlines, as a share of, as a share of GDP.