Personal remittances, received in Panama
Panama: Personal remittances, received was 634.45 million current US$ in 2025. ◆ Volatile
Personal remittances, received in Panama, 1977–2025
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Panama recorded 634.45 million current US$ for personal remittances, received in 2025.
The figure is up 19.4% on the previous year and up 14.5% over ten years.
Over the whole period, personal remittances, received in Panama peaked at 756.40 million current US$ in 2014 and was at its lowest, 16.40 million current US$, in 2000.
That places Panama 110th out of 195 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 120.07 million current US$ | 103.70 million current US$ | 135.70 million current US$ | 3 |
| 1980s | 86.25 million current US$ | 61.70 million current US$ | 104.40 million current US$ | 10 |
| 1990s | 90.99 million current US$ | 48.30 million current US$ | 112.00 million current US$ | 10 |
| 2000s | 189.02 million current US$ | 16.40 million current US$ | 378.00 million current US$ | 10 |
| 2010s | 511.57 million current US$ | 368.20 million current US$ | 756.40 million current US$ | 10 |
| 2020s | 526.89 million current US$ | 386.54 million current US$ | 634.45 million current US$ | 6 |
Countries ranked near Panama
- 108 Niger 650.39 million current US$ compare
- 109 Togo 650.39 million current US$ compare
- 111 New Caledonia 621.06 million current US$ compare
- 112 Guinea 616.42 million current US$ compare
- 113 Burkina Faso 595.25 million current US$ compare
More economy & growth data for Panama
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 4.8% (2025)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
Frequently asked questions
- What is personal remittances, received in Panama?
- Personal remittances, received in Panama was 634.45 million current US$ in 2025, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Panama?
- The highest recorded value was 756.40 million current US$ in 2014.
- What is the lowest personal remittances, received recorded in Panama?
- The lowest recorded value was 16.40 million current US$ in 2000.
- How does Panama rank for personal remittances, received?
- Panama ranks 110th out of 195 countries with data for 2025.
- Is personal remittances, received rising or falling in Panama?
- Over the last ten years it is up 14.5%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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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.