Tourism in Panama: Revenues Up 3% in 2018

Last year, 2,48 million tourists arrived in the country, spending $4.605 million, 3.3% more than in 2017.

Monday, March 11, 2019

Figures from the Statistics Department of the Panama Tourism Authority (ATP), specify that the average time a tourist stays in the country is approximately 8 days and spends on average a total of $1,856, which is equivalent to $232 per day, expenses include accommodation, shopping, food, internal transportation, entertainment, visits to historic tourist sites within and outside the capital city.

See "Tourism in Central America Loses Strength" and "A lot of investment, few results".

From the ATP statement:

Panama received 4,605 million balboas in expenses made by visitors during their stay in the country from January to December 2018, a 3.3% increase over the same period in 2017, according to preliminary figures from the Statistics Department of the Panama Tourism Authority.

Read full statement (In Spanish).

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More on this topic

Panama: Tourist Spending Up 4% in 2017

February 2018

In 2017, the country received 2.5 million tourists who spent $4.451 billion, 3.8% more than in 2016.

According to preliminary figures from the Tourism Authority of Panama (ATP), in 2016, tourists spent $4.287 billion, $164 million less than the amount generated last year.

Nicaragua and Tourism in 2018

January 2018

The union of tourism entrepreneurs estimates that the country will receive 1.9 million tourists, and they expect the activity to generate close to $830 million.

Combining efforts on promotion and marketing in order to attract more tourists from South American countries is one of the goals proposed by the National Chamber of Tourism (Canatur). Figures from the trade union indicate that the average daily expenditure of South American tourists exceeds the general average.

Panama: Tourist Spending Slows

November 2017

In the first nine months of the year, tourist spending in the country grew by 2.7% compared to the same period last year, well below the 11% increase registered between 2015 and 2016.

Figures from the Comptroller General of the Republic show that at the end of the third quarter of the year tourists who visited Panama spent $3.499 billion, while in the same period in 2016 theses expenses amounted to $3.407 billion. 

Tourism Numbers in El Salvador

October 2014

Between January and July 2014 the number of tourists who came into the country increased by 4.7% compared to the same period in 2013, and they spent on average $108.6 per day, which is 3% more.

From a statement issued by the Ministry of Tourism of El Salvador:

The main tourism indicators (employment, income, daily expenses, lodging, number of visitors) reported significant growth in the first seven months of the year, confirming the strength of the tourism industry in the Salvadoran economy. The indicator for job creation in tourism in the month of June 2014 shows an increase of 5.93% compared to the same month in 2013, with more than 48,893 versus the 46,154 jobs recorded in 2013.

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