Remittances in Panama increased to 443.70 USD Million in 2017 from 426.10 USD Million in 2016. Remittances in Panama averaged 374.39 USD Million from 2003 until 2017, reaching an all time high of 652 USD Million in 2014 and a record low of 220 USD Million in 2003.

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Panama Remittances

Actual Previous Highest Lowest Dates Unit Frequency
443.70 426.10 652.00 220.00 2003 - 2017 USD Million Yearly


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

Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -880756.00 -1104415.00 -164179.00 -1274303.00 PAB Thousand [+]
Current Account -900.30 -1713.40 247.00 -2059.40 PAB Million [+]
Current Account to GDP -8.50 -7.90 14.81 -13.50 percent [+]
Imports 935447.00 1168093.50 1349156.80 226561.00 PAB Thousand [+]
Exports 54691.00 63678.35 181465.14 40502.29 PAB Thousand [+]
Capital Flows -1369.98 -1323.70 2195.90 -2441.10 PAB Million [+]
Remittances 443.70 426.10 652.00 220.00 USD Million [+]
Terrorism Index 0.04 0.08 0.66 0.00 [+]
Foreign Direct Investment 18.20 1648.30 1685.10 -306.70 USD Million [+]