Personal remittances, received (current US$), per square kilometre in Panama
Panama: Personal remittances, received (current US$), per square kilometre was 6,952 current US$ per square kilometre in 2023. ◆ Volatile
Personal remittances, received (current US$), per square kilometre in Panama, 1977–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Panama recorded 6,952 current US$ per square kilometre for personal remittances, received (current us$), per square kilometre in 2023.
Compared with earlier readings it is down 2.0% on the previous year and up 12.0% over ten years.
Over the whole period, personal remittances, received (current us$), per square kilometre in Panama peaked at 10,205 current US$ per square kilometre in 2014 and was at its lowest, 220.61 current US$ per square kilometre, in 2000.
Panama ranks 125th 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, received (current US$), per square kilometre in Panama, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1977 | 1,395 current US$ per square kilometre | — |
| 1978 | 1,625 current US$ per square kilometre | +16.5% |
| 1979 | 1,825 current US$ per square kilometre | +12.3% |
| 1980 | 877.05 current US$ per square kilometre | -52.0% |
| 1981 | 829.97 current US$ per square kilometre | -5.4% |
| 1982 | 1,016 current US$ per square kilometre | +22.4% |
| 1983 | 1,051 current US$ per square kilometre | +3.4% |
| 1984 | 995.43 current US$ per square kilometre | -5.2% |
| 1985 | 1,332 current US$ per square kilometre | +33.8% |
| 1986 | 1,351 current US$ per square kilometre | +1.4% |
| 1987 | 1,404 current US$ per square kilometre | +4.0% |
| 1988 | 1,373 current US$ per square kilometre | -2.2% |
| 1989 | 1,373 current US$ per square kilometre | +0.0% |
| 1990 | 1,476 current US$ per square kilometre | +7.4% |
| 1991 | 1,454 current US$ per square kilometre | -1.5% |
| 1992 | 1,377 current US$ per square kilometre | -5.3% |
| 1993 | 1,462 current US$ per square kilometre | +6.2% |
| 1994 | 1,507 current US$ per square kilometre | +3.0% |
| 1995 | 1,507 current US$ per square kilometre | +0.0% |
| 1996 | 1,160 current US$ per square kilometre | -23.0% |
| 1997 | 864.95 current US$ per square kilometre | -25.4% |
| 1998 | 782.89 current US$ per square kilometre | -9.5% |
| 1999 | 649.72 current US$ per square kilometre | -17.0% |
| 2000 | 220.61 current US$ per square kilometre | -66.0% |
| 2001 | 983.32 current US$ per square kilometre | +345.7% |
| 2002 | 1,138 current US$ per square kilometre | +15.7% |
| 2003 | 1,437 current US$ per square kilometre | +26.2% |
| 2004 | 1,465 current US$ per square kilometre | +2.0% |
| 2005 | 1,743 current US$ per square kilometre | +19.0% |
| 2006 | 4,042 current US$ per square kilometre | +131.9% |
| 2007 | 4,779 current US$ per square kilometre | +18.2% |
| 2008 | 5,085 current US$ per square kilometre | +6.4% |
| 2009 | 4,533 current US$ per square kilometre | -10.8% |
| 2010 | 5,515 current US$ per square kilometre | +21.7% |
| 2011 | 4,953 current US$ per square kilometre | -10.2% |
| 2012 | 5,527 current US$ per square kilometre | +11.6% |
| 2013 | 6,207 current US$ per square kilometre | +12.3% |
| 2014 | 10,205 current US$ per square kilometre | +64.4% |
| 2015 | 7,477 current US$ per square kilometre | -26.7% |
| 2016 | 6,780 current US$ per square kilometre | -9.3% |
| 2017 | 7,196 current US$ per square kilometre | +6.1% |
| 2018 | 7,251 current US$ per square kilometre | +0.8% |
| 2019 | 7,830 current US$ per square kilometre | +8.0% |
| 2020 | 5,211 current US$ per square kilometre | -33.5% |
| 2021 | 7,640 current US$ per square kilometre | +46.6% |
| 2022 | 7,096 current US$ per square kilometre | -7.1% |
| 2023 | 6,952 current US$ per square kilometre | -2.0% |
Panama compared with similar countries
- Panama's 6,952 current US$ per square kilometre is below the median for high income countries, which is 39,487 current US$ per square kilometre, 18% of the median. (68 countries reporting)
- Panama's 6,952 current US$ per square kilometre is below the median for Latin America & Caribbean, which is 39,092 current US$ per square kilometre, 18% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), per square kilometre in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +345.7% | 220.61 current US$ per square kilometre | 983.32 current US$ per square kilometre |
| 2006 | +131.9% | 1,743 current US$ per square kilometre | 4,042 current US$ per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,615 current US$ per square kilometre | 1,395 current US$ per square kilometre | 1,825 current US$ per square kilometre | 3 |
| 1980s | 1,160 current US$ per square kilometre | 829.97 current US$ per square kilometre | 1,404 current US$ per square kilometre | 10 |
| 1990s | 1,224 current US$ per square kilometre | 649.72 current US$ per square kilometre | 1,507 current US$ per square kilometre | 10 |
| 2000s | 2,543 current US$ per square kilometre | 220.61 current US$ per square kilometre | 5,085 current US$ per square kilometre | 10 |
| 2010s | 6,894 current US$ per square kilometre | 4,953 current US$ per square kilometre | 10,205 current US$ per square kilometre | 10 |
| 2020s | 6,725 current US$ per square kilometre | 5,211 current US$ per square kilometre | 7,640 current US$ per square kilometre | 4 |
Countries ranked near Panama
- 122 Kenya 7,278 current US$ per square kilometre compare
- 123 Guinea-Bissau 7,268 current US$ per square kilometre compare
- 124 Yemen 7,142 current US$ per square kilometre compare
- 126 Malaysia 5,188 current US$ per square kilometre compare
- 127 Belize 5,184 current US$ per square kilometre compare
- 128 Palau 4,822 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received (current us$), per square kilometre in Panama?
- Personal remittances, received (current us$), per square kilometre in Panama was 6,952 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per square kilometre recorded in Panama?
- The highest recorded value was 10,205 current US$ per square kilometre in 2014.
- What is the lowest personal remittances, received (current us$), per square kilometre recorded in Panama?
- The lowest recorded value was 220.61 current US$ per square kilometre in 2000.
- How does Panama rank for personal remittances, received (current us$), per square kilometre?
- Panama ranks 125th out of 194 countries with data for 2023.
- Is personal remittances, received (current us$), per square kilometre rising or falling in Panama?
- Over the last ten years it is up 12.0%. 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, received (current US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Personal remittances, received (current US$) 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, received (current US$) ÷ Land area (sq. km)
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, received (current US$) 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.