Remittances in Panama decreased to 106528.20 PAB Thousand in the first quarter of 2021 from 107261.30 PAB Thousand in the fourth quarter of 2020. source: Instituto Nacional de Estadística y Censo - Panamá

Remittances in Panama averaged 110977.16 PAB Thousand from 2009 until 2021, reaching an all time high of 200000 PAB Thousand in the fourth quarter of 2014 and a record low of 49352 PAB Thousand in the first quarter of 2011. This page provides - Panama Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Panama Remittances - values, historical data and charts - was last updated on September of 2021.

Remittances in Panama is expected to be 119000.00 PAB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Remittances is projected to trend around 129000.00 PAB Thousand in 2022, according to our econometric models.

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Panama Remittances

Actual Previous Highest Lowest Dates Unit Frequency
106528.20 107261.30 200000.00 49352.00 2009 - 2021 PAB Thousand Quarterly

Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -892720.38 -847114.15 -164179.00 -1274303.28 PAB Thousand [+]
Current Account -225.20 449.99 988.73 -1670.40 PAB Million [+]
Current Account to GDP 2.30 -4.90 14.81 -13.40 percent of GDP [+]
Imports 963588.10 896354.10 1349156.80 226561.00 PAB Thousand [+]
Exports 70867.72 49239.96 181465.14 40502.29 PAB Thousand [+]
Capital Flows -1484.91 176.55 2195.90 -2441.10 PAB Million [+]
Remittances 106528.20 107261.30 200000.00 49352.00 PAB Thousand [+]
Terrorism Index 0.02 0.04 0.66 0.00 [+]
Foreign Direct Investment 453.60 -152.80 2040.90 -566.20 USD Million [+]


Panama Remittances
In Panama, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).