Domestic Remittances Statistics in Panama (2026)
According to World Bank Global Findex data, 31.4% of adults in Panama sent or received domestic remittances in 2024. Up from 29% in 2021 to 31.4% in 2024 (+2.4 percentage points). Panama ranks #7 of 19 economies in Latin America & Caribbean on this measure, and #63 of 109 globally.
Key Statistics
- Latest value (2024)
- 31.4% (2024)
- Domestic Remittances in Panama as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +2.4 pp (2024)
- Up from 29% in 2021 to 31.4% in 2024 (+2.4 percentage points).
- Record high (2024)
- 31.4% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Panama.
- Rank in Latin America & Caribbean
- #7 of 19 (2024)
- Panama ranks 7 of 19 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #63 of 109 (2024)
- Panama ranks 63 of 109 countries with data globally.
- Latin America & Caribbean average
- 31.6% (2024)
- Panama (31.4%) is below the average of 31.6% across the 19 countries in Latin America & Caribbean with data.
- Sent or received domestic remittances: using an account (% age 15+) (2024)
- 19% (2024)
- Related indicator from World Bank Global Findex.
- Internet use in Panama (2024)
- 72.8% (2024)
- 72.8% of the population in Panama used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 4.5 million (2024)
- Panama had a population of 4.5 million in 2024 (World Bank); shown for scale only.
Trend, 2021–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 31.4% | +2.4 pp |
| 2021 | 29% | — |
Frequently asked questions
What share of adults in Panama sent or received domestic remittances?
31.4% of adults in Panama sent or received domestic remittances in 2024, according to World Bank Global Findex data.
Where does the domestic remittances data for Panama come from?
The data comes from the World Bank Global Findex (indicator fh1.fh2). The latest observation for Panama is from 2024; the snapshot was retrieved on 2026-06-10.
How has domestic remittances in Panama changed over time?
World Bank Global Findex data show a rise from 29% in 2021 to 31.4% in 2024.
How does Panama compare with other countries in Latin America & Caribbean?
Panama ranks 7 of 19 countries in Latin America & Caribbean with data, with 31.4% versus a regional average of 31.6% (latest values per country).
Where does Panama rank globally on domestic remittances?
Panama ranks 63 of 109 countries with data globally, based on the latest World Bank Global Findex value for each country.
Source & methodology
Source: World Bank Global Findex, indicator
fh1.fh2, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .