Remittances in Panama increased to 107261.30 PAB Thousand in the fourth quarter of 2020 from 93216.10 PAB Thousand in the third quarter of 2020. source: Instituto Nacional de Estadística y Censo - Panamá

Remittances in Panama averaged 111069.84 PAB Thousand from 2009 until 2020, 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 July 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. Looking forward, we estimate Remittances in Panama to stand at 127000.00 in 12 months time. 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
107261.30 93216.10 200000.00 49352.00 2009 - 2020 PAB Thousand Quarterly

Panama Trade Last Previous Highest Lowest Unit
Balance of Trade -918716.54 -827724.13 -164179.00 -1274303.28 PAB Thousand [+]
Current Account 449.99 988.73 988.73 -1670.40 PAB Million [+]
Current Account to GDP -4.70 -8.20 14.81 -13.40 percent of GDP [+]
Imports 987069.90 887233.90 1349156.80 226561.00 PAB Thousand [+]
Exports 68353.35 59509.80 181465.14 40502.29 PAB Thousand [+]
Capital Flows 176.55 1481.36 2195.90 -2441.10 PAB Million [+]
Remittances 107261.30 93216.10 200000.00 49352.00 PAB Thousand [+]
Terrorism Index 0.02 0.04 0.66 0.00 [+]
Foreign Direct Investment 461.80 385.70 2040.90 -306.70 USD Million [+]


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