Primary income payments (BoP, current US$) in Panama
Panama: Primary income payments (BoP, current US$) was 8.85 billion BoP, current US$ in 2025. ◆ Volatile
Primary income payments in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Panama is 8.85 billion BoP, current US$, measured in 2025. That is the highest value across all 49 years on record.
That represents a change of up 3.0% on the previous year and up 69.0% over ten years.
Over the whole period, primary income payments in Panama peaked at 8.85 billion BoP, current US$ in 2025 and was at its lowest, 545.70 million BoP, current US$, in 1977.
Panama ranks 63rd of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments (BoP, current US$) in Panama, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 545.70 million BoP, current US$ | — |
| 1978 | 848.30 million BoP, current US$ | +55.5% |
| 1979 | 1.53 billion BoP, current US$ | +80.7% |
| 1980 | 4.83 billion BoP, current US$ | +214.9% |
| 1981 | 5.92 billion BoP, current US$ | +22.6% |
| 1982 | 6.23 billion BoP, current US$ | +5.3% |
| 1983 | 4.49 billion BoP, current US$ | -27.9% |
| 1984 | 3.98 billion BoP, current US$ | -11.5% |
| 1985 | 3.24 billion BoP, current US$ | -18.5% |
| 1986 | 2.97 billion BoP, current US$ | -8.5% |
| 1987 | 2.06 billion BoP, current US$ | -30.7% |
| 1988 | 1.06 billion BoP, current US$ | -48.2% |
| 1989 | 1.24 billion BoP, current US$ | +16.8% |
| 1990 | 1.39 billion BoP, current US$ | +12.2% |
| 1991 | 1.51 billion BoP, current US$ | +8.4% |
| 1992 | 1.54 billion BoP, current US$ | +1.9% |
| 1993 | 1.34 billion BoP, current US$ | -13.0% |
| 1994 | 1.43 billion BoP, current US$ | +6.3% |
| 1995 | 2.11 billion BoP, current US$ | +48.0% |
| 1996 | 1.67 billion BoP, current US$ | -20.8% |
| 1997 | 1.84 billion BoP, current US$ | +9.8% |
| 1998 | 2.20 billion BoP, current US$ | +19.7% |
| 1999 | 2.19 billion BoP, current US$ | -0.2% |
| 2000 | 2.14 billion BoP, current US$ | -2.6% |
| 2001 | 1.97 billion BoP, current US$ | -7.6% |
| 2002 | 1.23 billion BoP, current US$ | -37.9% |
| 2003 | 1.61 billion BoP, current US$ | +31.7% |
| 2004 | 1.81 billion BoP, current US$ | +12.2% |
| 2005 | 2.18 billion BoP, current US$ | +20.4% |
| 2006 | 2.66 billion BoP, current US$ | +22.1% |
| 2007 | 3.19 billion BoP, current US$ | +19.9% |
| 2008 | 3.53 billion BoP, current US$ | +10.7% |
| 2009 | 3.10 billion BoP, current US$ | -12.3% |
| 2010 | 3.97 billion BoP, current US$ | +28.3% |
| 2011 | 3.97 billion BoP, current US$ | -0.1% |
| 2012 | 4.45 billion BoP, current US$ | +12.1% |
| 2013 | 4.86 billion BoP, current US$ | +9.0% |
| 2014 | 6.28 billion BoP, current US$ | +29.3% |
| 2015 | 5.24 billion BoP, current US$ | -16.6% |
| 2016 | 6.03 billion BoP, current US$ | +15.1% |
| 2017 | 5.96 billion BoP, current US$ | -1.1% |
| 2018 | 6.49 billion BoP, current US$ | +8.9% |
| 2019 | 6.45 billion BoP, current US$ | -0.6% |
| 2020 | 3.49 billion BoP, current US$ | -45.9% |
| 2021 | 5.30 billion BoP, current US$ | +51.9% |
| 2022 | 5.16 billion BoP, current US$ | -2.7% |
| 2023 | 7.99 billion BoP, current US$ | +55.0% |
| 2024 | 8.60 billion BoP, current US$ | +7.5% |
| 2025 | 8.85 billion BoP, current US$ | +3.0% |
Panama compared with similar countries
- Panama's 8.85 billion BoP, current US$ is below the median for high income countries, which is 14.99 billion BoP, current US$, 59% of the median. (72 countries reporting)
- Panama's 8.85 billion BoP, current US$ is above the median for Latin America & Caribbean, which is 1.93 billion BoP, current US$, 4.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$) 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 |
|---|---|---|---|
| 1980 | +214.9% | 1.53 billion BoP, current US$ | 4.83 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 975.77 million BoP, current US$ | 545.70 million BoP, current US$ | 1.53 billion BoP, current US$ | 3 |
| 1980s | 3.60 billion BoP, current US$ | 1.06 billion BoP, current US$ | 6.23 billion BoP, current US$ | 10 |
| 1990s | 1.72 billion BoP, current US$ | 1.34 billion BoP, current US$ | 2.20 billion BoP, current US$ | 10 |
| 2000s | 2.34 billion BoP, current US$ | 1.23 billion BoP, current US$ | 3.53 billion BoP, current US$ | 10 |
| 2010s | 5.37 billion BoP, current US$ | 3.97 billion BoP, current US$ | 6.49 billion BoP, current US$ | 10 |
| 2020s | 6.56 billion BoP, current US$ | 3.49 billion BoP, current US$ | 8.85 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 60 Bahrain 9.45 billion BoP, current US$ compare
- 61 Dominican Republic 9.20 billion BoP, current US$ compare
- 62 Ukraine 9.03 billion BoP, current US$ compare
- 64 Croatia 8.17 billion BoP, current US$ compare
- 65 Serbia 7.90 billion BoP, current US$ compare
- 66 Cayman Islands 7.66 billion BoP, current US$ compare
More economy & growth data for Panama
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
Frequently asked questions
- What is primary income payments in Panama?
- Primary income payments in Panama was 8.85 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Panama?
- The highest recorded value was 8.85 billion BoP, current US$ in 2025.
- What is the lowest primary income payments recorded in Panama?
- The lowest recorded value was 545.70 million BoP, current US$ in 1977.
- How does Panama rank for primary income payments?
- Panama ranks 63rd out of 200 countries with data for 2025.
- Is primary income payments rising or falling in Panama?
- Over the last ten years it is up 69.0%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.