Personal remittances, paid (current US$), per square kilometre in Panama
Panama: Personal remittances, paid (current US$), per square kilometre was 7,221 current US$ per square kilometre in 2023. ◆ Volatile
Personal remittances, paid (current US$), per square kilometre in Panama, 1980–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
The most recent figure for personal remittances, paid (current us$), per square kilometre in Panama is 7,221 current US$ per square kilometre, measured in 2023.
That represents a change of down 4.9% on the previous year and down 16.7% over ten years.
Over the whole period, personal remittances, paid (current us$), per square kilometre in Panama peaked at 11,317 current US$ per square kilometre in 2016 and was at its lowest, 216.57 current US$ per square kilometre, in 1991.
Panama ranks 80th of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per square kilometre in Panama, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1980 | 501.75 current US$ per square kilometre | — |
| 1981 | 425.07 current US$ per square kilometre | -15.3% |
| 1982 | 464.08 current US$ per square kilometre | +9.2% |
| 1983 | 515.2 current US$ per square kilometre | +11.0% |
| 1984 | 425.07 current US$ per square kilometre | -17.5% |
| 1985 | 414.31 current US$ per square kilometre | -2.5% |
| 1986 | 364.54 current US$ per square kilometre | -12.0% |
| 1987 | 527.31 current US$ per square kilometre | +44.6% |
| 1988 | 546.14 current US$ per square kilometre | +3.6% |
| 1989 | 481.57 current US$ per square kilometre | -11.8% |
| 1990 | 293.25 current US$ per square kilometre | -39.1% |
| 1991 | 216.57 current US$ per square kilometre | -26.1% |
| 1992 | 269.03 current US$ per square kilometre | +24.2% |
| 1993 | 318.81 current US$ per square kilometre | +18.5% |
| 1994 | 333.6 current US$ per square kilometre | +4.6% |
| 1995 | 274.42 current US$ per square kilometre | -17.7% |
| 1996 | 269.03 current US$ per square kilometre | -2.0% |
| 1997 | 286.52 current US$ per square kilometre | +6.5% |
| 1998 | 277.11 current US$ per square kilometre | -3.3% |
| 1999 | 285.18 current US$ per square kilometre | +2.9% |
| 2000 | 295.94 current US$ per square kilometre | +3.8% |
| 2001 | 566.32 current US$ per square kilometre | +91.4% |
| 2002 | 601.29 current US$ per square kilometre | +6.2% |
| 2003 | 761.37 current US$ per square kilometre | +26.6% |
| 2004 | 972.56 current US$ per square kilometre | +27.7% |
| 2005 | 1,178 current US$ per square kilometre | +21.2% |
| 2006 | 3,179 current US$ per square kilometre | +169.7% |
| 2007 | 3,980 current US$ per square kilometre | +25.2% |
| 2008 | 5,214 current US$ per square kilometre | +31.0% |
| 2009 | 6,051 current US$ per square kilometre | +16.0% |
| 2010 | 6,535 current US$ per square kilometre | +8.0% |
| 2011 | 6,236 current US$ per square kilometre | -4.6% |
| 2012 | 7,581 current US$ per square kilometre | +21.6% |
| 2013 | 8,666 current US$ per square kilometre | +14.3% |
| 2014 | 10,989 current US$ per square kilometre | +26.8% |
| 2015 | 11,183 current US$ per square kilometre | +1.8% |
| 2016 | 11,317 current US$ per square kilometre | +1.2% |
| 2017 | 11,312 current US$ per square kilometre | -0.0% |
| 2018 | 10,746 current US$ per square kilometre | -5.0% |
| 2019 | 11,103 current US$ per square kilometre | +3.3% |
| 2020 | 6,860 current US$ per square kilometre | -38.2% |
| 2021 | 7,426 current US$ per square kilometre | +8.3% |
| 2022 | 7,595 current US$ per square kilometre | +2.3% |
| 2023 | 7,221 current US$ per square kilometre | -4.9% |
Panama compared with similar countries
- Panama's 7,221 current US$ per square kilometre is below the median for high income countries, which is 37,536 current US$ per square kilometre, 19% of the median. (71 countries reporting)
- Panama's 7,221 current US$ per square kilometre is below the median for Latin America & Caribbean, which is 10,570 current US$ per square kilometre, 68% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per square kilometre in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +169.7% | 1,178 current US$ per square kilometre | 3,179 current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 466.51 current US$ per square kilometre | 364.54 current US$ per square kilometre | 546.14 current US$ per square kilometre | 10 |
| 1990s | 282.35 current US$ per square kilometre | 216.57 current US$ per square kilometre | 333.6 current US$ per square kilometre | 10 |
| 2000s | 2,280 current US$ per square kilometre | 295.94 current US$ per square kilometre | 6,051 current US$ per square kilometre | 10 |
| 2010s | 9,567 current US$ per square kilometre | 6,236 current US$ per square kilometre | 11,317 current US$ per square kilometre | 10 |
| 2020s | 7,275 current US$ per square kilometre | 6,860 current US$ per square kilometre | 7,595 current US$ per square kilometre | 4 |
Countries ranked near Panama
- 77 Azerbaijan 8,164 current US$ per square kilometre compare
- 78 Latvia 7,678 current US$ per square kilometre compare
- 79 Cape Verde 7,395 current US$ per square kilometre compare
- 81 Estonia 6,915 current US$ per square kilometre compare
- 82 French Polynesia 6,528 current US$ per square kilometre compare
- 83 Albania 6,506 current US$ per square kilometre compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per square kilometre in Panama?
- Personal remittances, paid (current us$), per square kilometre in Panama was 7,221 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per square kilometre recorded in Panama?
- The highest recorded value was 11,317 current US$ per square kilometre in 2016.
- What is the lowest personal remittances, paid (current us$), per square kilometre recorded in Panama?
- The lowest recorded value was 216.57 current US$ per square kilometre in 1991.
- How does Panama rank for personal remittances, paid (current us$), per square kilometre?
- Panama ranks 80th out of 194 countries with data for 2023.
- Is personal remittances, paid (current us$), per square kilometre rising or falling in Panama?
- Over the last ten years it is down 16.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ Land area (sq. km)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.