The latest officially reported population of Iceland was 404,610 in 2024 vs 4,515,577 people in Panama in 2024. In 2025, based on the adjusted UN estimation, the current Iceland's population is 412,970 people compared to 4,614,993 in Panama.
Population statistics:
- Panama's population is 11.2 times bigger than Iceland's.
- Iceland is ranked the 172nd most populous country in the world, while Panama is the 128th.
- The countries together account for 0.06% of the world: 0.005% for Iceland vs 0.06% for Panama.
- For the last 10 years, Iceland has had an average growth rate of +2.05% per year vs +1.52% in Panama.
- Since 2005, the population of Iceland has increased from 297K people to 413K (39.2% growth), while Panama has grown from 3.31M to 4.61M (39.3% growth).
- Iceland is projected to reach its peak in 2049 at 445K people compared to the peak of 6.03M people in 2080 for Panama.
Iceland vs Panama: live population counter
|
|
|
|
|---|---|---|
| Current population |
412970
|
4614993
|
| Population rank | 172/197 | 128/197 |
| Percent of world population | 0.005% | 0.06% |
| One net population change |
46.7 minutes
|
9.25 minutes
|
| One birth every |
2.02 hours
|
7.35 minutes
|
| One death every |
3.37 hours
|
24.7 minutes
|
| One migration net change every |
2.47 hours
|
1.31 hours
|
| Annual migration change | +3,543 | +6,706 |
| Daily growth/decline | +31 | +156 |
| Annual growth/decline | +11,261 | +56,818 |
| Annual growth/decline rate | +2.86% | +1.27% |
| Population growth rate rank | 21/197 | 85/197 |
Iceland and Panama: population history and growth rate by year chart
| Year | Population | Growth rate | ||
|---|---|---|---|---|
|
|
|
|
|
|
| 1960 | 175,574 | 1,126,005 | - | - |
| 1961 | 179,029 | 1,159,870 | 1.97% | 3.01% |
| 1962 | 182,378 | 1,195,301 | 1.87% | 3.05% |
| 1963 | 185,653 | 1,232,124 | 1.8% | 3.08% |
| 1964 | 188,983 | 1,270,065 | 1.79% | 3.08% |
| 1965 | 192,286 | 1,308,835 | 1.75% | 3.05% |
| 1966 | 195,570 | 1,348,388 | 1.71% | 3.02% |
| 1967 | 198,751 | 1,388,628 | 1.63% | 2.98% |
| 1968 | 201,488 | 1,429,447 | 1.38% | 2.94% |
| 1969 | 203,369 | 1,470,886 | 0.93% | 2.9% |
| 1970 | 204,438 | 1,513,070 | 0.53% | 2.87% |
| 1971 | 206,098 | 1,556,081 | 0.81% | 2.84% |
| 1972 | 209,137 | 1,599,723 | 1.47% | 2.8% |
| 1973 | 212,317 | 1,643,690 | 1.52% | 2.75% |
| 1974 | 215,209 | 1,687,926 | 1.36% | 2.69% |
| 1975 | 217,979 | 1,732,389 | 1.29% | 2.63% |
| 1976 | 220,154 | 1,776,935 | 1% | 2.57% |
| 1977 | 221,799 | 1,821,543 | 0.75% | 2.51% |
| 1978 | 223,537 | 1,866,311 | 0.78% | 2.46% |
| 1979 | 225,735 | 1,911,552 | 0.98% | 2.42% |
| 1980 | 228,138 | 1,957,534 | 1.06% | 2.41% |
| 1981 | 230,755 | 2,004,418 | 1.15% | 2.4% |
| 1982 | 233,860 | 2,052,271 | 1.35% | 2.39% |
| 1983 | 236,977 | 2,101,106 | 1.33% | 2.38% |
| 1984 | 239,511 | 2,150,782 | 1.07% | 2.36% |
| 1985 | 241,405 | 2,200,915 | 0.79% | 2.33% |
| 1986 | 243,180 | 2,251,325 | 0.74% | 2.29% |
| 1987 | 245,859 | 2,301,970 | 1.1% | 2.25% |
| 1988 | 249,740 | 2,352,848 | 1.58% | 2.21% |
| 1989 | 252,852 | 2,403,820 | 1.25% | 2.17% |
| 1990 | 254,826 | 2,455,583 | 0.78% | 2.15% |
| 1991 | 257,797 | 2,508,265 | 1.17% | 2.15% |
| 1992 | 261,057 | 2,561,336 | 1.26% | 2.12% |
| 1993 | 263,725 | 2,615,099 | 1.02% | 2.1% |
| 1994 | 266,021 | 2,669,546 | 0.87% | 2.08% |
| 1995 | 267,468 | 2,724,557 | 0.54% | 2.06% |
| 1996 | 268,916 | 2,780,227 | 0.54% | 2.04% |
| 1997 | 271,128 | 2,836,695 | 0.82% | 2.03% |
| 1998 | 274,047 | 2,893,914 | 1.08% | 2.02% |
| 1999 | 277,381 | 2,951,822 | 1.22% | 2% |
| 2000 | 281,205 | 3,010,369 | 1.38% | 1.98% |
| 2001 | 284,968 | 3,069,537 | 1.34% | 1.97% |
| 2002 | 287,523 | 3,129,344 | 0.9% | 1.95% |
| 2003 | 289,521 | 3,189,807 | 0.69% | 1.93% |
| 2004 | 292,074 | 3,251,155 | 0.88% | 1.92% |
| 2005 | 296,734 | 3,313,026 | 1.6% | 1.9% |
| 2006 | 303,782 | 3,375,024 | 2.38% | 1.87% |
| 2007 | 311,566 | 3,437,490 | 2.56% | 1.85% |
| 2008 | 317,414 | 3,500,648 | 1.88% | 1.84% |
| 2009 | 318,499 | 3,564,381 | 0.34% | 1.82% |
| 2010 | 318,041 | 3,628,535 | -0.14% | 1.8% |
| 2011 | 319,014 | 3,693,505 | 0.31% | 1.79% |
| 2012 | 320,716 | 3,759,256 | 0.53% | 1.78% |
| 2013 | 323,764 | 3,825,329 | 0.95% | 1.76% |
| 2014 | 327,386 | 3,892,101 | 1.12% | 1.75% |
| 2015 | 330,815 | 3,960,035 | 1.05% | 1.75% |
| 2016 | 335,439 | 4,029,086 | 1.4% | 1.74% |
| 2017 | 343,400 | 4,098,707 | 2.37% | 1.73% |
| 2018 | 352,721 | 4,167,860 | 2.71% | 1.69% |
| 2019 | 360,563 | 4,234,700 | 2.22% | 1.6% |
| 2020 | 366,463 | 4,293,261 | 1.64% | 1.38% |
| 2021 | 372,520 | 4,345,405 | 1.65% | 1.21% |
| 2022 | 382,003 | 4,400,773 | 2.55% | 1.27% |
| 2023 | 393,349 | 4,458,759 | 2.97% | 1.32% |
| 2024 | 404,610 | 4,515,577 | 2.86% | 1.27% |
| 2025 | 409,614 | 4,571,195 | 1.24% | 1.23% |
| 2026 | 413,792 | 4,625,720 | 1.02% | 1.19% |
| 2027 | 417,406 | 4,679,241 | 0.87% | 1.16% |
| 2028 | 420,691 | 4,731,818 | 0.79% | 1.12% |
| 2029 | 423,592 | 4,783,378 | 0.69% | 1.09% |
| 2030 | 426,158 | 4,833,856 | 0.61% | 1.06% |
| 2031 | 428,479 | 4,883,390 | 0.54% | 1.02% |
| 2032 | 430,544 | 4,932,075 | 0.48% | 1% |
| 2033 | 432,406 | 4,979,812 | 0.43% | 0.97% |
| 2034 | 434,083 | 5,026,494 | 0.39% | 0.94% |
| 2035 | 435,646 | 5,072,267 | 0.36% | 0.91% |
| 2036 | 437,132 | 5,117,124 | 0.34% | 0.88% |
| 2037 | 438,466 | 5,161,085 | 0.31% | 0.86% |
| 2038 | 439,670 | 5,204,053 | 0.27% | 0.83% |
| 2039 | 440,754 | 5,245,902 | 0.25% | 0.8% |
| 2040 | 441,687 | 5,286,595 | 0.21% | 0.78% |
| 2041 | 442,487 | 5,326,183 | 0.18% | 0.75% |
| 2042 | 443,200 | 5,364,671 | 0.16% | 0.72% |
| 2043 | 443,884 | 5,402,037 | 0.15% | 0.7% |
| 2044 | 444,457 | 5,438,259 | 0.13% | 0.67% |
| 2045 | 444,812 | 5,473,283 | 0.08% | 0.64% |
| 2046 | 445,028 | 5,507,148 | 0.05% | 0.62% |
| 2047 | 445,183 | 5,539,873 | 0.03% | 0.59% |
| 2048 | 445,283 | 5,571,404 | 0.02% | 0.57% |
| 2049 | 445,335 | 5,601,670 | 0.01% | 0.54% |
| 2050 | 445,330 | 5,630,681 | -0.001% | 0.52% |
From 2005 to 2015, the population of Iceland increased by 34,081 people (a 11.5% growth), while Panama gained 647,009 people (a 19.5% growth).
For the next 10 years, from 2015 to 2025, Iceland gained 82,155 (a 24.8% growth), while Panama's population increased by 654,958 (a 16.5% growth).
Iceland was ranked 172nd most populous country in 2005 and is still 172nd in 2025. Panama was ranked 128th in 2005 and still ranked 128th now.
The UN's World Population Prospects forecasts that with changing growth rate trends in 25 years (in 2050) Iceland's population will grow by 7.84% to 445,330 people with a rank change from 172nd to 173rd. The population of Panama will increase by 22% to 5,630,681 people and rank change from 128th to 124th.
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Population differences between Iceland and Panama
|
|
|
|
|---|---|---|
| Life expectancy | 83.2 years | 80 years |
| Average age | 38.8 years | 33.3 years |
| Median age | 37.1 years | 30.9 years |
| Male:Female ratio | 51.2:48.8 | 50:50 |
| Fertility rate | 1.59 births per woman | 2.12 births per woman |
| Population density | 10.4 ppl/mi² | 157.7 ppl/mi² |
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