Remittances in Panama increased to 127845 PAB Thousand in the fourth quarter of 2019 from 122285 PAB Thousand in the third quarter of 2019.

Remittances in Panama averaged 112116.55 PAB Thousand from 2009 until 2019, 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 2020. source: Instituto Nacional de Estadística y Censo - Panamá

Remittances in Panama is expected to be 120000.00 PAB Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Panama to stand at 119000.00 in 12 months time. In the long-term, the Panama Remittances is projected to trend around 127000.00 PAB Thousand in 2021 and 129000.00 PAB Thousand in 2022, according to our econometric models.

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Panama Remittances

Actual Previous Highest Lowest Dates Unit Frequency
127845.00 122285.00 200000.00 49352.00 2009 - 2019 PAB Thousand Quarterly

Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -504138.33 -466640.14 -164179.00 -1274303.28 PAB Thousand [+]
Current Account -26.40 -350.70 247.00 -1706.86 PAB Million [+]
Current Account to GDP -4.70 -8.20 14.81 -13.40 percent [+]
Imports 556779.60 523101.40 1349156.80 226561.00 PAB Thousand [+]
Exports 52641.31 56461.28 181465.14 40502.29 PAB Thousand [+]
Capital Flows -1160.61 -769.96 2195.90 -2441.10 PAB Million [+]
Remittances 127845.00 122285.00 200000.00 49352.00 PAB Thousand [+]
Terrorism Index 0.04 0.08 0.66 0.00 [+]
Foreign Direct Investment 949.90 1456.30 1685.10 -306.70 USD Million [+]


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