Tourism direct GDP as a proportion of total GDP in Panama
Panama: Tourism direct GDP as a proportion of total GDP was 10.8% in 2023. ▼ Falling
Tourism direct GDP as a proportion of total GDP in Panama, 2008–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for tourism direct gdp as a proportion of total gdp in Panama is 10.8%, measured in 2023.
That represents a change of up 8.0% on the previous year and down 9.2% over ten years.
Over the whole period, tourism direct gdp as a proportion of total gdp in Panama peaked at 11.9% in 2013 and was at its lowest, 3.2%, in 2020.
Panama ranks 6th of 109 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 16 years of available data.
Tourism direct GDP as a proportion of total GDP in Panama, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 8.8% | — |
| 2009 | 8.4% | -4.5% |
| 2010 | 8.9% | +6.0% |
| 2011 | 10.4% | +16.9% |
| 2012 | 11.3% | +8.7% |
| 2013 | 11.9% | +5.3% |
| 2014 | 11.5% | -3.4% |
| 2015 | 10.6% | -7.8% |
| 2016 | 10.8% | +1.9% |
| 2017 | 10.9% | +0.9% |
| 2018 | 10.6% | -2.8% |
| 2019 | 10.1% | -4.7% |
| 2020 | 3.2% | -68.3% |
| 2021 | 5.4% | +68.8% |
| 2022 | 10.0% | +85.2% |
| 2023 | 10.8% | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.6% | 8.4% | 8.8% | 2 |
| 2010s | 10.7% | 8.9% | 11.9% | 10 |
| 2020s | 7.4% | 3.2% | 10.8% | 4 |
Countries ranked near Panama
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)
- Households and NPISHs Final consumption expenditure (current LCU) 6.92 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 0.4902 current LCU per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (current LCU) 9,393 current LCU per person (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 6.48 % change on previous year (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4433 constant 2015 US$ per US$ of GDP (2024)
- Households and NPISHs Final consumption expenditure (constant 2015) 8,494 constant 2015 US$ per person (2024)
- Final consumption expenditure (current US$), annual growth rate 6.4 % change on previous year (2024)
- Final consumption expenditure (current US$), per unit of GDP 0.6142 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is tourism direct gdp as a proportion of total gdp in Panama?
- Tourism direct gdp as a proportion of total gdp in Panama was 10.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tourism direct gdp as a proportion of total gdp recorded in Panama?
- The highest recorded value was 11.9% in 2013.
- What is the lowest tourism direct gdp as a proportion of total gdp recorded in Panama?
- The lowest recorded value was 3.2% in 2020.
- How does Panama rank for tourism direct gdp as a proportion of total gdp?
- Panama ranks 6th out of 109 countries with data for 2023.
- Is tourism direct gdp as a proportion of total gdp rising or falling in Panama?
- Over the last ten years it is down 9.2%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Tourism direct GDP as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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