Secondary income, other sectors, payments in Panama
Panama: Secondary income, other sectors, payments was 1.10 billion BoP, current US$ in 2025. ◆ Volatile
Secondary income, other sectors, payments in Panama, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income, other sectors, payments in Panama is 1.10 billion BoP, current US$, measured in 2025. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 8.8% over ten years.
Over the whole period, secondary income, other sectors, payments in Panama peaked at 1.10 billion BoP, current US$ in 2025 and was at its lowest, 18.90 million BoP, current US$, in 1991.
Panama ranks 69th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Panama, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 32.30 million BoP, current US$ | — |
| 1978 | 35.90 million BoP, current US$ | +11.1% |
| 1979 | 41.70 million BoP, current US$ | +16.2% |
| 1980 | 39.10 million BoP, current US$ | -6.2% |
| 1981 | 33.70 million BoP, current US$ | -13.8% |
| 1982 | 36.90 million BoP, current US$ | +9.5% |
| 1983 | 41.20 million BoP, current US$ | +11.7% |
| 1984 | 34.50 million BoP, current US$ | -16.3% |
| 1985 | 33.90 million BoP, current US$ | -1.7% |
| 1986 | 30.60 million BoP, current US$ | -9.7% |
| 1987 | 42.90 million BoP, current US$ | +40.2% |
| 1988 | 44.30 million BoP, current US$ | +3.3% |
| 1989 | 39.00 million BoP, current US$ | -12.0% |
| 1990 | 24.50 million BoP, current US$ | -37.2% |
| 1991 | 18.90 million BoP, current US$ | -22.9% |
| 1992 | 23.00 million BoP, current US$ | +21.7% |
| 1993 | 26.90 million BoP, current US$ | +17.0% |
| 1994 | 28.30 million BoP, current US$ | +5.2% |
| 1995 | 24.10 million BoP, current US$ | -14.8% |
| 1996 | 24.00 million BoP, current US$ | -0.4% |
| 1997 | 24.70 million BoP, current US$ | +2.9% |
| 1998 | 25.20 million BoP, current US$ | +2.0% |
| 1999 | 26.10 million BoP, current US$ | +3.6% |
| 2000 | 26.60 million BoP, current US$ | +1.9% |
| 2001 | 46.60 million BoP, current US$ | +75.2% |
| 2002 | 49.80 million BoP, current US$ | +6.9% |
| 2003 | 61.50 million BoP, current US$ | +23.5% |
| 2004 | 77.30 million BoP, current US$ | +25.7% |
| 2005 | 92.60 million BoP, current US$ | +19.8% |
| 2006 | 241.30 million BoP, current US$ | +160.6% |
| 2007 | 418.80 million BoP, current US$ | +73.6% |
| 2008 | 570.40 million BoP, current US$ | +36.2% |
| 2009 | 604.60 million BoP, current US$ | +6.0% |
| 2010 | 639.20 million BoP, current US$ | +5.7% |
| 2011 | 660.10 million BoP, current US$ | +3.3% |
| 2012 | 720.90 million BoP, current US$ | +9.2% |
| 2013 | 769.60 million BoP, current US$ | +6.8% |
| 2014 | 889.60 million BoP, current US$ | +15.6% |
| 2015 | 1.01 billion BoP, current US$ | +13.8% |
| 2016 | 993.77 million BoP, current US$ | -1.9% |
| 2017 | 1.01 billion BoP, current US$ | +1.8% |
| 2018 | 971.71 million BoP, current US$ | -4.0% |
| 2019 | 989.53 million BoP, current US$ | +1.8% |
| 2020 | 603.58 million BoP, current US$ | -39.0% |
| 2021 | 772.14 million BoP, current US$ | +27.9% |
| 2022 | 915.28 million BoP, current US$ | +18.5% |
| 2023 | 1.04 billion BoP, current US$ | +14.0% |
| 2024 | 1.05 billion BoP, current US$ | +0.9% |
| 2025 | 1.10 billion BoP, current US$ | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 36.63 million BoP, current US$ | 32.30 million BoP, current US$ | 41.70 million BoP, current US$ | 3 |
| 1980s | 37.61 million BoP, current US$ | 30.60 million BoP, current US$ | 44.30 million BoP, current US$ | 10 |
| 1990s | 24.57 million BoP, current US$ | 18.90 million BoP, current US$ | 28.30 million BoP, current US$ | 10 |
| 2000s | 218.95 million BoP, current US$ | 26.60 million BoP, current US$ | 604.60 million BoP, current US$ | 10 |
| 2010s | 865.92 million BoP, current US$ | 639.20 million BoP, current US$ | 1.01 billion BoP, current US$ | 10 |
| 2020s | 914.75 million BoP, current US$ | 603.58 million BoP, current US$ | 1.10 billion BoP, current US$ | 6 |
Countries ranked near Panama
- 66 Kazakhstan 1.12 billion BoP, current US$ compare
- 67 Philippines 1.12 billion BoP, current US$ compare
- 68 Mauritius 1.12 billion BoP, current US$ compare
- 70 Cyprus 1.09 billion BoP, current US$ compare
- 71 Ukraine 902.00 million BoP, current US$ compare
- 72 Latvia 828.96 million BoP, current US$ 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)
- GDP (constant 2015 US$), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8919 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 17,650 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.35 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.9369 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 18,541 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -1.43 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP 0.3858 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is secondary income, other sectors, payments in Panama?
- Secondary income, other sectors, payments in Panama was 1.10 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Panama?
- The highest recorded value was 1.10 billion BoP, current US$ in 2025.
- What is the lowest secondary income, other sectors, payments recorded in Panama?
- The lowest recorded value was 18.90 million BoP, current US$ in 1991.
- How does Panama rank for secondary income, other sectors, payments?
- Panama ranks 69th out of 197 countries with data for 2025.
- Is secondary income, other sectors, payments rising or falling in Panama?
- Over the last ten years it is up 8.8%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.