Primary income, Credit/Revenue (US dollar) in Panama
Panama: Primary income, Credit/Revenue (US dollar) was 4.26 billion in 2024. ▲ Rising
Primary income, Credit/Revenue in Panama, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income, credit/revenue in Panama stood at 4.26 billion. That is the highest value across all 20 years on record.
That represents a change of up 18.0% on the previous year and up 121.5% over ten years.
Over the whole period, primary income, credit/revenue in Panama peaked at 4.26 billion in 2024 and was at its lowest, 1.01 billion, in 2005.
That places Panama 63rd out of 198 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income, Credit/Revenue (US dollar) in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.01 billion | — |
| 2006 | 1.36 billion | +34.2% |
| 2007 | 1.68 billion | +23.2% |
| 2008 | 1.70 billion | +1.3% |
| 2009 | 1.28 billion | -24.8% |
| 2010 | 1.29 billion | +0.8% |
| 2011 | 1.61 billion | +25.4% |
| 2012 | 1.72 billion | +6.3% |
| 2013 | 1.95 billion | +13.5% |
| 2014 | 1.92 billion | -1.3% |
| 2015 | 1.79 billion | -7.1% |
| 2016 | 1.89 billion | +5.7% |
| 2017 | 2.15 billion | +13.7% |
| 2018 | 2.26 billion | +5.2% |
| 2019 | 2.02 billion | -10.7% |
| 2020 | 1.43 billion | -29.3% |
| 2021 | 1.13 billion | -20.4% |
| 2022 | 2.09 billion | +84.0% |
| 2023 | 3.61 billion | +72.9% |
| 2024 | 4.26 billion | +18.0% |
Panama compared with similar countries
- Panama's 4.26 billion is below the median for high income countries, which is 11.26 billion, 38% of the median. (72 countries reporting)
- Panama's 4.26 billion is above the median for Latin America & Caribbean, which is 377.30 million, 11.3× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.40 billion | 1.01 billion | 1.70 billion | 5 |
| 2010s | 1.86 billion | 1.29 billion | 2.26 billion | 10 |
| 2020s | 2.50 billion | 1.13 billion | 4.26 billion | 5 |
Countries ranked near Panama
- 60 Kazakhstan 5.07 billion compare
- 61 Tajikistan 4.93 billion compare
- 62 Iraq 4.63 billion compare
- 64 Cayman Islands 4.06 billion compare
- 65 Libya 4.03 billion compare
- 66 Nigeria 3.88 billion compare
More financial sector data for Panama
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 16.3 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0006 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 11.9 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0008 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 16.3 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is primary income, credit/revenue in Panama?
- Primary income, credit/revenue in Panama was 4.26 billion in 2024, according to International Monetary Fund.
- What is the highest primary income, credit/revenue recorded in Panama?
- The highest recorded value was 4.26 billion in 2024.
- What is the lowest primary income, credit/revenue recorded in Panama?
- The lowest recorded value was 1.01 billion in 2005.
- How does Panama rank for primary income, credit/revenue?
- Panama ranks 63rd out of 198 countries with data for 2024.
- Is primary income, credit/revenue rising or falling in Panama?
- Over the last ten years it is up 121.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from International Monetary Fund, published as part of Primary income, Credit/Revenue (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.