International Tourism, Expenditure (USD) fell 0.089% to USD 1,128 mil in Panama in 2017

International Tourism, Expenditure (USD) (USD mil)
Travel & Hospitality | Panama | May 17, 2019
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Excel Sheet

Expenditure of international tourism reached 1,128 USD mil in 2017 in Panama, according to Eurostat. This is 0.089 % less than in the previous year.

Historically, expenditure of international tourism in Panama reached an all time high of 1,272 USD mil in 2015 and an all time low of 181 USD mil in 1995. When compared to Panama's main peers, expenditure of international tourism in Colombia amounted to 5,136 USD mil, 1,129 USD mil in Costa Rica, 517 USD mil in Honduras and 364 USD mil in Nicaragua in 2017.

Panama has been ranked 81st within the group of 147 countries we follow in terms of expenditure of international tourism, 15 places above the position seen 10 years ago.

International tourism expenditure is the expenditure of international outbound visitors in other countries, including payments to foreign carriers for international transport.

International Tourism, Expenditure (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belize USD mil 37.0 39.0 42.0 51.0 50.0
Brazil USD mil 24,608 26,008 29,286 29,998 20,356
Colombia USD mil 3,631 4,363 4,485 5,175 4,820
Costa Rica USD mil 620 647 649 657 898
El Salvador USD mil 244 287 270 277 332
Guatemala USD mil 935 920 952 1,033 1,004
Honduras USD mil 446 549 506 437 454
Mexico USD mil 9,704 10,735 11,970 12,556 12,668
Nicaragua USD mil 240 241 277 286 273
Panama USD mil 679 591 1,078 1,147 1,272
Peru USD mil 1,768 1,900 2,119 2,119 2,527
USA USD mil 116,448 129,902 130,148 140,558 150,044
Venezuela USD mil 3,994 4,592 5,417 4,118 3,249 ...