Latin America and the Caribbean vs Panama: Tourism direct GDP as a proportion of total GDP
Latin America and the Caribbean
5.6%
in 2024
Panama
10.8%
in 2023
Latin America and the Caribbean rank
3rd
Panama rank
6th
Tourism direct GDP as a proportion of total GDP over time
- Latin America and the Caribbean
- Panama
How they compare
Panama currently reports 10.8% against 5.6% in Latin America and the Caribbean, a difference of 5.2%.
That makes Panama's figure about 1.9 times Latin America and the Caribbean's.
The two have swapped places 2 times across 16 shared years of data; in 2008 it was Panama ahead.
Latin America and the Caribbean ranks 3rd and Panama ranks 6th of 23 groups.
Panama has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America and the Caribbean | Panama | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 5.9% | 8.6% | 2.7% | Panama |
| 2010s | 5.5% | 10.7% | 5.2% | Panama |
| 2020s | 4.7% | 7.4% | 2.6% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tourism direct gdp as a proportion of total gdp, Latin America and the Caribbean or Panama?
- Panama, at 10.8% against 5.6% in Latin America and the Caribbean as of 2023.
- What is the difference in tourism direct gdp as a proportion of total gdp between Latin America and the Caribbean and Panama?
- 5.2%, with Panama ahead.
- How many years of comparable data are there for Latin America and the Caribbean and Panama?
- 16 years are reported by both, from 2008 to 2023.
- How do Latin America and the Caribbean and Panama rank globally for tourism direct gdp as a proportion of total gdp?
- Latin America and the Caribbean ranks 3rd and Panama ranks 6th of 23 groups.
- Where does this data come from?
- United Nations Statistics Division, SDG Global Database, published as Tourism direct GDP as a proportion of total GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.