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How much money is sent to Panama from United States?
In 2017, Panama received almost $424.14M in remittances from United States.
Remittance to Panama by the numbersData on remittances includes transfer sent through money transfer services, banks and similar services. Examples of these types of providers can be found in our money transfer comparison table.
Top 5 countries that send money to PanamaThis table uses World Bank Group data from 2017.
Top 5 countries that Panama sends money toThis table uses World Bank Group data from 2017.
Remittances to and from Panama by year
As global and domestic circumstances change, many countries find their incoming and outgoing remittances shifting year by year. Use our table and graph to get an idea of whether remittances to Panama are trending up or down, based on data from at least the last decade.
Panama’s outgoing remittances from 2009 to 2018This table uses World Bank Group data from 2018.
|Year||Panama outgoing remittances (in millions)|
Panama's incoming remittances from 2010 to 2019This table uses World Bank Group data from 2019.
|Year||Panama incoming remittances (in millions)|
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Bottom lineGlobal economies shift over time, so the country that might be the largest remittance sender to Panama this year may not be the largest next year. If you’re looking to send money to loved ones or businesses in Panama, compare your options to save both money and time. Source: https://www.worldbank.org/en/topic/migrationremittancesdiasporaissues/brief/migration-remittances-data
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