Panama is a high-income country with a population of 4.52M people. The capital and largest city is Panama, with 410K residents. Panama shares land borders with Costa Rica and Colombia.
Panama ranks 78/197 by GDP ($86.5B) and 60/197 by GDP per capita ($19,161). The top export category is transport & tourism services, while the top import is machinery & equipment.
Main facts and rankings
Panama
|
Rank | |
|---|---|---|
| Population |
4642198
|
128/197 |
| GDP |
$86.5B
2024 |
78/197 |
| GDP per capita |
$19,161
2024 |
60/197 |
| GDP per capita, PPP |
$41,369
2024 |
56/197 |
| Government debt |
$49.6B
2024 |
74/185 |
| Debt-to-GDP ratio |
57.4%
2024 |
88/185 |
| Government debt per person |
$10,995
2024 |
51/185 |
| Average annual personal income after taxes |
$10,196
2026 |
77/197 |
| Land area | 28,641 sq mi | 115/197 |
| Population density | 161.6 ppl/mi² | 128/197 |
| Fertility rate | 2.12 | 92/196 |
| Median age | 30.9 years | 94/196 |
| Life expectancy | 80.1 years | 45/197 |
Panama trends dashboard: time-series charts
| Year | GDP |
|---|---|
| 2024 | $86,523,959,132 |
| 2023 | $83,812,155,244 |
| 2022 | $76,479,304,471 |
| 2021 | $67,396,392,506 |
| 2020 | $57,059,846,522 |
| 2019 | $69,778,991,193 |
| 2018 | $67,316,471,181 |
| 2017 | $64,327,688,826 |
| 2016 | $59,760,858,718 |
| 2015 | $55,767,806,073 |
| 2014 | $51,427,104,882 |
| 2013 | $46,949,496,479 |
| 2012 | $41,595,439,721 |
| 2011 | $35,687,738,252 |
| 2010 | $30,231,009,533 |
| 2009 | $27,791,215,547 |
| 2008 | $25,721,327,955 |
| 2007 | $21,717,433,808 |
| 2006 | $18,659,721,513 |
| 2005 | $16,623,906,739 |
| 2004 | $15,100,203,362 |
| 2003 | $13,603,456,003 |
| 2002 | $12,800,851,271 |
| 2001 | $12,252,906,341 |
| 2000 | $11,966,497,049 |
| 1999 | $11,660,704,777 |
| 1998 | $11,019,557,689 |
| 1997 | $10,058,854,386 |
| 1996 | $9,197,503,323 |
| 1995 | $9,573,813,700 |
| 1994 | $9,365,289,800 |
| 1993 | $8,782,585,400 |
| 1992 | $8,042,337,700 |
| 1991 | $7,074,675,500 |
| 1990 | $6,433,967,000 |
| 1989 | $5,918,469,800 |
| 1988 | $5,902,783,400 |
| 1987 | $6,827,665,300 |
| 1986 | $6,797,834,200 |
| 1985 | $6,541,517,100 |
| 1984 | $6,183,387,100 |
| 1983 | $5,923,755,900 |
| 1982 | $5,769,767,900 |
| 1981 | $5,222,421,500 |
| 1980 | $4,614,086,400 |
| 1979 | $3,704,551,600 |
| 1978 | $3,244,558,600 |
| 1977 | $2,738,261,900 |
| 1976 | $2,588,106,000 |
| 1975 | $2,435,304,100 |
| 1974 | $2,188,307,600 |
| 1973 | $1,913,793,400 |
| 1972 | $1,673,411,700 |
| 1971 | $1,523,917,200 |
| 1970 | $1,351,006,400 |
| 1969 | $1,221,305,700 |
| 1968 | $1,112,791,100 |
| 1967 | $1,034,376,400 |
| 1966 | $928,833,000 |
| 1965 | $852,485,300 |
| 1964 | $776,137,500 |
| 1963 | $722,784,500 |
| 1962 | $652,120,900 |
| 1961 | $599,026,300 |
| 1960 | $537,147,100 |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/facts/panama | CC BY 
| Year | GDP per capita |
|---|---|
| 2024 | $19,161 |
| 2023 | $18,797 |
| 2022 | $17,379 |
| 2021 | $15,510 |
| 2020 | $13,291 |
| 2019 | $16,478 |
| 2018 | $16,151 |
| 2017 | $15,695 |
| 2016 | $14,832 |
| 2015 | $14,083 |
| 2014 | $13,213 |
| 2013 | $12,273 |
| 2012 | $11,065 |
| 2011 | $9,662 |
| 2010 | $8,331 |
| 2009 | $7,797 |
| 2008 | $7,348 |
| 2007 | $6,318 |
| 2006 | $5,529 |
| 2005 | $5,018 |
| 2004 | $4,645 |
| 2003 | $4,265 |
| 2002 | $4,091 |
| 2001 | $3,992 |
| 2000 | $3,975 |
| 1999 | $3,950 |
| 1998 | $3,808 |
| 1997 | $3,546 |
| 1996 | $3,308 |
| 1995 | $3,514 |
| 1994 | $3,508 |
| 1993 | $3,358 |
| 1992 | $3,140 |
| 1991 | $2,821 |
| 1990 | $2,620 |
| 1989 | $2,462 |
| 1988 | $2,509 |
| 1987 | $2,966 |
| 1986 | $3,019 |
| 1985 | $2,972 |
| 1984 | $2,875 |
| 1983 | $2,819 |
| 1982 | $2,811 |
| 1981 | $2,605 |
| 1980 | $2,357 |
| 1979 | $1,938 |
| 1978 | $1,738 |
| 1977 | $1,503 |
| 1976 | $1,457 |
| 1975 | $1,406 |
| 1974 | $1,296 |
| 1973 | $1,164 |
| 1972 | $1,046 |
| 1971 | $979 |
| 1970 | $893 |
| 1969 | $830 |
| 1968 | $778 |
| 1967 | $745 |
| 1966 | $689 |
| 1965 | $651 |
| 1964 | $611 |
| 1963 | $587 |
| 1962 | $546 |
| 1961 | $516 |
| 1960 | $477 |
Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).
GeoRank.org/facts/panama | CC BY
Panama's life expectancy calculator
| Year | Life expectancy, years |
|---|---|
| 2026 | 80.1 |
| 2025 | 80 |
| 2024 | 79.8 |
| 2023 | 79.6 |
| 2022 | 79.3 |
| 2021 | 77 |
| 2020 | 76.3 |
| 2019 | 78.5 |
| 2018 | 78.3 |
| 2017 | 77.9 |
| 2016 | 77.8 |
| 2015 | 77.6 |
| 2014 | 77.4 |
| 2013 | 77.1 |
| 2012 | 76.9 |
| 2011 | 76.7 |
| 2010 | 76.4 |
| 2009 | 76.2 |
| 2008 | 75.9 |
| 2007 | 75.7 |
| 2006 | 75.4 |
| 2005 | 75.2 |
| 2004 | 74.8 |
| 2003 | 74.6 |
| 2002 | 74.2 |
| 2001 | 73.8 |
| 2000 | 73.4 |
| 1999 | 73.1 |
| 1998 | 72.8 |
| 1997 | 72.5 |
| 1996 | 72.2 |
| 1995 | 72 |
| 1994 | 71.9 |
| 1993 | 71.8 |
| 1992 | 71.5 |
| 1991 | 71.3 |
| 1990 | 71.3 |
| 1989 | 70.1 |
| 1988 | 70.9 |
| 1987 | 70.8 |
| 1986 | 70.7 |
| 1985 | 70.5 |
| 1984 | 70.4 |
| 1983 | 70.1 |
| 1982 | 69.9 |
| 1981 | 69.8 |
| 1980 | 69.5 |
| 1979 | 69.1 |
| 1978 | 68.7 |
| 1977 | 68.3 |
| 1976 | 67.8 |
| 1975 | 67.2 |
| 1974 | 66.6 |
| 1973 | 65.8 |
| 1972 | 65.2 |
| 1971 | 64.7 |
| 1970 | 64.1 |
| 1969 | 63.7 |
| 1968 | 63.2 |
| 1967 | 62.9 |
| 1966 | 62.6 |
| 1965 | 62.3 |
| 1964 | 62.1 |
| 1963 | 61.8 |
| 1962 | 61.4 |
| 1961 | 60.9 |
| 1960 | 60.3 |
| 1959 | 59.6 |
| 1958 | 58.9 |
| 1957 | 58.3 |
| 1956 | 57.9 |
| 1955 | 57.5 |
| 1954 | 57.2 |
| 1953 | 56.8 |
| 1952 | 56.4 |
| 1951 | 55.9 |
| 1950 | 55.4 |
Data sources: United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10).
GeoRank.org/facts/panama | CC BY
Panama's population clock and projection
| Year | Population |
|---|---|
| 2024 | 4,515,577 |
| 2023 | 4,458,759 |
| 2022 | 4,400,773 |
| 2021 | 4,345,405 |
| 2020 | 4,293,261 |
| 2019 | 4,234,700 |
| 2018 | 4,167,860 |
| 2017 | 4,098,707 |
| 2016 | 4,029,086 |
| 2015 | 3,960,035 |
| 2014 | 3,892,101 |
| 2013 | 3,825,329 |
| 2012 | 3,759,256 |
| 2011 | 3,693,505 |
| 2010 | 3,628,535 |
| 2009 | 3,564,381 |
| 2008 | 3,500,648 |
| 2007 | 3,437,490 |
| 2006 | 3,375,024 |
| 2005 | 3,313,026 |
| 2004 | 3,251,155 |
| 2003 | 3,189,807 |
| 2002 | 3,129,344 |
| 2001 | 3,069,537 |
| 2000 | 3,010,369 |
| 1999 | 2,951,822 |
| 1998 | 2,893,914 |
| 1997 | 2,836,695 |
| 1996 | 2,780,227 |
| 1995 | 2,724,557 |
| 1994 | 2,669,546 |
| 1993 | 2,615,099 |
| 1992 | 2,561,336 |
| 1991 | 2,508,265 |
| 1990 | 2,455,583 |
| 1989 | 2,403,820 |
| 1988 | 2,352,848 |
| 1987 | 2,301,970 |
| 1986 | 2,251,325 |
| 1985 | 2,200,915 |
| 1984 | 2,150,782 |
| 1983 | 2,101,106 |
| 1982 | 2,052,271 |
| 1981 | 2,004,418 |
| 1980 | 1,957,534 |
| 1979 | 1,911,552 |
| 1978 | 1,866,311 |
| 1977 | 1,821,543 |
| 1976 | 1,776,935 |
| 1975 | 1,732,389 |
| 1974 | 1,687,926 |
| 1973 | 1,643,690 |
| 1972 | 1,599,723 |
| 1971 | 1,556,081 |
| 1970 | 1,513,070 |
| 1969 | 1,470,886 |
| 1968 | 1,429,447 |
| 1967 | 1,388,628 |
| 1966 | 1,348,388 |
| 1965 | 1,308,835 |
| 1964 | 1,270,065 |
| 1963 | 1,232,124 |
| 1962 | 1,195,301 |
| 1961 | 1,159,870 |
| 1960 | 1,126,005 |
Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).
GeoRank.org/facts/panama | CC BY
Panama's birth and fertility rates
| Year | Fertility rate |
|---|---|
| 2023 | 2.12 |
| 2022 | 2.14 |
| 2021 | 2.15 |
| 2020 | 2.18 |
| 2019 | 2.29 |
| 2018 | 2.4 |
| 2017 | 2.46 |
| 2016 | 2.5 |
| 2015 | 2.53 |
| 2014 | 2.55 |
| 2013 | 2.57 |
| 2012 | 2.59 |
| 2011 | 2.6 |
| 2010 | 2.59 |
| 2009 | 2.59 |
| 2008 | 2.61 |
| 2007 | 2.61 |
| 2006 | 2.62 |
| 2005 | 2.64 |
| 2004 | 2.68 |
| 2003 | 2.68 |
| 2002 | 2.7 |
| 2001 | 2.72 |
| 2000 | 2.74 |
| 1999 | 2.77 |
| 1998 | 2.79 |
| 1997 | 2.81 |
| 1996 | 2.83 |
| 1995 | 2.85 |
| 1994 | 2.88 |
| 1993 | 2.91 |
| 1992 | 2.95 |
| 1991 | 3 |
| 1990 | 3.07 |
| 1989 | 3.12 |
| 1988 | 3.17 |
| 1987 | 3.25 |
| 1986 | 3.34 |
| 1985 | 3.43 |
| 1984 | 3.52 |
| 1983 | 3.6 |
| 1982 | 3.66 |
| 1981 | 3.72 |
| 1980 | 3.8 |
| 1979 | 3.88 |
| 1978 | 3.98 |
| 1977 | 4.12 |
| 1976 | 4.26 |
| 1975 | 4.41 |
| 1974 | 4.58 |
| 1973 | 4.74 |
| 1972 | 4.91 |
| 1971 | 5.05 |
| 1970 | 5.18 |
| 1969 | 5.29 |
| 1968 | 5.41 |
| 1967 | 5.53 |
| 1966 | 5.65 |
| 1965 | 5.73 |
| 1964 | 5.81 |
| 1963 | 5.87 |
| 1962 | 5.87 |
| 1961 | 5.87 |
| 1960 | 5.83 |
Data sources: World Bank | Health (1960–2023, retrieved 2026-04-06).
GeoRank.org/facts/panama | CC BY
| Year | Median age, years |
|---|---|
| 2024 | 30.9 |
| 2023 | 30.6 |
| 2022 | 30.3 |
| 2021 | 30 |
| 2020 | 29.7 |
| 2019 | 29.4 |
| 2018 | 29.1 |
| 2017 | 28.8 |
| 2016 | 28.5 |
| 2015 | 28.3 |
| 2014 | 28 |
| 2013 | 27.8 |
| 2012 | 27.5 |
| 2011 | 27.2 |
| 2010 | 27 |
| 2009 | 26.7 |
| 2008 | 26.4 |
| 2007 | 26.1 |
| 2006 | 25.9 |
| 2005 | 25.6 |
| 2004 | 25.3 |
| 2003 | 25.1 |
| 2002 | 24.8 |
| 2001 | 24.5 |
| 2000 | 24.3 |
| 1999 | 24 |
| 1998 | 23.7 |
| 1997 | 23.5 |
| 1996 | 23.2 |
| 1995 | 22.9 |
| 1994 | 22.7 |
| 1993 | 22.4 |
| 1992 | 22.1 |
| 1991 | 21.8 |
| 1990 | 21.5 |
| 1989 | 21.3 |
| 1988 | 21 |
| 1987 | 20.7 |
| 1986 | 20.4 |
| 1985 | 20.2 |
| 1984 | 19.9 |
| 1983 | 19.7 |
| 1982 | 19.5 |
| 1981 | 19.2 |
| 1980 | 19 |
| 1979 | 18.8 |
| 1978 | 18.6 |
| 1977 | 18.4 |
| 1976 | 18.3 |
| 1975 | 18.1 |
| 1974 | 18 |
| 1973 | 17.8 |
| 1972 | 17.7 |
| 1971 | 17.7 |
| 1970 | 17.6 |
| 1969 | 17.6 |
| 1968 | 17.5 |
| 1967 | 17.5 |
| 1966 | 17.5 |
| 1965 | 17.5 |
| 1964 | 17.6 |
| 1963 | 17.6 |
| 1962 | 17.7 |
| 1961 | 17.8 |
| 1960 | 17.8 |
Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06).
GeoRank.org/facts/panama | CC BY
Panama vs. World: Interactive Maps
Use the buttons below to toggle between world maps that display different statistics comparing Panama with other countries.
Panama: National Statistics
Finance
|
Panama
|
Rank | |
|---|---|---|
| GNI, Atlas method |
$81.3B
2024 |
74/194 |
| Government expenditure, % of GDP |
23.1%
2024 |
133/195 |
| Education expenditure, % of GDP |
2.47%
2023 |
161/193 |
| Military expenditure, % of GDP |
0.97%
1999 |
123/163 |
| Armed forces personnel |
28,000
2020 |
89/174 |
| Deficit/surplus, % of GDP |
-7.42%
2024 |
166/188 |
| Unemployment rate |
8.61%
2024 |
48/196 |
| Services, % of GDP |
69.3%
2024 |
27/191 |
| Industry, % of GDP |
25.5%
2024 |
81/194 |
| Economic freedom index |
64.9
2026 |
70/197 |
| Income share by richest 10% |
37.6%
2024 |
12/169 |
| Income share by poorest 10% |
1.2%
2024 |
164/169 |
| Number of billionaires |
0
2025 |
76/78 |
| Percentage of billionaires |
0%
2025 |
76/78 |
| Listed domestic companies |
36
2024 |
79/103 |
| Market capitalization of domestic companies |
$18.3B
2024 |
62/100 |
| Total reserves including gold |
$6.86B
2024 |
88/177 |
| Personal remittances received |
$532M
2024 |
115/191 |
| International tourist arrivals |
647,000
2020 |
111/188 |
| International tourism as share of exports |
9.3%
2020 |
67/184 |
| Banked people share |
64.1%
2024 |
88/158 |
Energy
|
Panama
|
Rank | |
|---|---|---|
| Energy use, kg of oil equivalent per capita |
1,063 kg
2022 |
91/177 |
| GDP PPP per kg equivalent of energy use |
$34.2
2022 |
5/173 |
| Carbon dioxide (CO2) emissions |
12.4 megatons
2024 |
100/187 |
| CO2 emissions per capita |
2.74 tons
2024 |
89/187 |
| Fossil fuel energy use share |
76.5%
2022 |
67/176 |
| Renewable energy use share |
28%
2021 |
84/193 |
| Alternative and nuclear energy use share |
17.3%
2022 |
30/147 |
| Net energy imports use share |
171.2%
2022 |
4/144 |
| Electric power consumption per capita |
2,546 kWh
2022 |
73/147 |
| Renewable electricity output share |
79.3%
2021 |
31/192 |
| Hydroelectric share |
66.3%
2022 |
30/192 |
| Nuclear share |
0%
2021 |
147/192 |
| Electricity access |
97%
2023 |
130/195 |
Society
|
Panama
|
Rank | |
|---|---|---|
| % of world population |
0.06%
2024 |
128/197 |
| Annual migration change |
+6,151
2025 |
49/196 |
| Urban population |
66%
2024 |
87/195 |
| Male:Female ratio |
50:50
2024 |
N/A |
| Average male height |
5.58 ft
2025 |
133/190 |
| Average female height |
5.19 ft
2025 |
141/190 |
| Quality of life index |
60.2
2026 |
70/197 |
| Corruption Perceptions Index |
33
2025 |
131/197 |
| Higher education index |
40
2026 |
112/183 |
| Homicides per 100K people |
11.3
2022 |
32/197 |
| Road traffic mortality per 100K people |
13.9
2019 |
103/197 |
| Visa free countries |
138
2025 |
67/195 |
| Adult literacy rate |
96.3%
2024 |
95/196 |
| English speaking |
14%
2023 |
123/197 |
| People using the Internet |
68.5%
2023 |
125/195 |
Health
|
Panama
|
Rank | |
|---|---|---|
| Government health expenditure per capita |
$1,558
2023 |
50/192 |
| Out-of-pocket health expenditure per capita |
$630
2023 |
31/192 |
| Life expectancy |
80.1 years
2026 |
45/197 |
| Foreign aid share of health expenditure |
0.76%
2023 |
107/181 |
| Physicians per 1,000 people |
1.63
2022 |
99/193 |
| Maternal mortality per 100K births |
37
2023 |
105/193 |
| Mortality rate before reaching 5 years of age |
13.3
2023 |
105/192 |
| Obesity rate |
37.1%
2022 |
23/189 |
| Diabetes prevalence |
11.1%
2024 |
61/195 |
| Air quality index |
79
2026 |
44/197 |
| Tobacco use prevalence |
5.2%
2022 |
162/164 |
| Pure alcohol consumption per capita |
4.66 liters
2020 |
89/186 |
Territory
|
Panama
|
Rank | |
|---|---|---|
| % of world land |
0.05%
2026 |
115/197 |
| Land area per capita |
6,343 sq mi
2024 |
70/197 |
| Agricultural land area |
8,456 sq mi
2026 |
115/194 |
| Forest area |
16,138 sq mi
2026 |
74/196 |
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Data sources:
- World Bank | Health (1960–2025, retrieved 2026-04-06)
- United Nations | World Population Prospects (1950–2026, retrieved 2026-03-10)
- U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
- Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20)
- International Monetary Fund (IMF) | Fiscal Monitor (2024, retrieved 2026-02-20)
- LivingCost (2026, retrieved 2025-10-14)
- World Obesity Federation (2022, retrieved 2026-02-08)
- Wikidata (2023, retrieved 2026-02-08)
- Passport Index (2025, retrieved 2026-02-08)
- Transparency International (2025, retrieved 2026-02-10)
- The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
- EduRank (2026, retrieved 2025-10-13)
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