WTMG Intelligence

Panama Relocation Market Intelligence

A data-driven view of Panama's structural relocation market using migration, economic, destination-attractiveness and corridor indicators.

RMOS Score69.6550
Global RMOS Rank#34 of 171
Migration Momentum93.8
International Migrant Stock477,749
Migrant Share10.6%
MethodologyRMOS-GLOBAL-1.0
Data Coverage100.0%

This profile describes structural relocation-market conditions. It does not represent WTMG customer demand, leads, transactions or revenue.

RMOS-GLOBAL-1.0

Panama's RMOS position

Authoritative RMOS69.6550
Global rank#34
Countries scored171
Top positionTop 19.9%
Migrant-stock rank#76 of 172
Migration-momentum rank#12 of 172

RMOS component breakdown

Weighted contributions reconcile to the stored authoritative RMOS score.

ComponentNormalized scoreWeightWeighted contribution
Migration Momentum93.825%23.4597
Migrant Market Size56.120%11.2281
Migrant Share65.915%9.8824
GDP per Capita68.015%10.1966
GDP Growth39.510%3.9548
Destination Attractiveness71.810%7.1834
Visa Accessibility75.05%3.7500
Stored final RMOS69.6550

Panama migration-market scale

Source years are shown separately because the underlying datasets update on different cycles.

International migrant stock477,749Source year: 2024
Migrant share10.6%Source year: 2024
Population4,571,189Source year: 2025
GDP per capita$19,161Source year: 2024
GDP growth2.7%Source year: 2024

MMS-1.0

Panama Migration Momentum

These are changes in international migrant stock, not annual migration flows.

2024 migrant stock477,749
2020 migrant stock313,165
2015 migrant stock184,710
2020-2024 change+164,584 (+52.6%)
2015-2024 change+293,039 (+158.6%)

Largest migrant-stock origins into Panama

2024 international migrant stock, not annual relocation flow.

RankOrigin2024 migrant stock2020 stock2015 stock2020-2024 change
#1Venezuela182,386119,5539,883+62,833 (+52.6%)
#2Colombia77,34950,70255,251+26,647 (+52.6%)
#3China34,21422,42718,665+11,787 (+52.6%)
#4USA25,73216,86714,040+8,865 (+52.6%)
#5Nicaragua23,67215,51712,915+8,155 (+52.6%)
#6Dominican Republic14,8159,7118,095+5,104 (+52.6%)
#7Costa Rica14,2189,3207,760+4,898 (+52.6%)
#8Mexico8,8505,8014,832+3,049 (+52.6%)
#9India8,2125,3834,481+2,829 (+52.6%)
#10Peru7,8645,1554,290+2,709 (+52.6%)

Largest destinations for migrants from Panama

2024 international migrant stock, not annual relocation flow.

RankDestination2024 migrant stock2020 stock2015 stock2020-2024 change
#1USA161,903151,193152,154+10,710 (+7.1%)
#2Costa Rica16,54613,71111,424+2,835 (+20.7%)
#3Colombia3,5063,1132,566+393 (+12.6%)
#4Mexico2,2411,9681,842+273 (+13.9%)
#5Italy1,1701,127984+43 (+3.8%)
#6Peru878545436+333 (+61.1%)
#7Chile874810738+64 (+7.9%)
#8Dominican Republic851789756+62 (+7.9%)
#9China800729819+71 (+9.7%)
#10Venezuela790828880-38 (-4.6%)

WTLG input

WTLG Destination Attractiveness

71.8

Country median RAS used by RMOS, based on 1 covered WTLG cities.

WTMG provides market intelligence; WTLG provides destination intelligence.

WTLG input

Visa Accessibility

75.0

Normalized RMOS component. Underlying median WTLG visa score: 75.0, based on 1 contributing cities.

Panama against the global RMOS universe

A descriptive comparison with the median of currently scored countries.

MeasurePanamaGlobal medianDifference
RMOS69.755.8+13.9
Migration Momentum93.860.1+33.7
Migrant Market Size56.150.3+5.8
Migrant Share65.950.0+15.9
GDP per Capita68.051.1+16.9
GDP Growth39.550.6-11.0
Destination Attractiveness71.867.0+4.8
Visa Accessibility75.060.0+15.0

Data years and limitations

  • UN migrant stock and corridors: 2024; momentum compares 2024 with 2020 and 2015.
  • World Bank GDP inputs use the actual observation years shown above.
  • WTLG destination data reflects the current stored WTLG dataset and depends on covered WTLG cities.
  • RMOS measures structural opportunity, not actual demand; migrant stock is not annual migration flow.
  • Different datasets have different update cycles.
  • This profile does not estimate provider revenue or demand for a specific professional service.

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