The latest officially reported population of Montenegro was 623,525 in 2024 vs 4,515,577 people in Panama in 2024. In 2026, based on the adjusted UN estimation, the current Montenegro's population is 612,312 people compared to 4,642,198 in Panama.
Population statistics:
- Panama's population is 7.58 times bigger than Montenegro's.
- Montenegro is ranked the 166th most populous country in the world, while Panama is the 128th.
- The countries together account for 0.06% of the world: 0.007% for Montenegro vs 0.06% for Panama.
- For the last 10 years, Montenegro has had an average growth rate of +0.01% per year vs +1.52% in Panama.
- Since 2006, the population of Montenegro has decreased from 615K people to 612K (0.44% decline), while Panama has grown from 3.38M to 4.64M (37.5% growth).
Montenegro vs Panama: population by year and forecast
| Year | Population | |
|---|---|---|
Montenegro
|
Panama
|
|
| 2100 | 319,719 | 5,947,731 |
| 2099 | 323,351 | 5,958,919 |
| 2098 | 326,940 | 5,969,676 |
| 2097 | 330,574 | 5,979,860 |
| 2096 | 334,217 | 5,989,615 |
| 2095 | 337,856 | 5,998,960 |
| 2094 | 341,490 | 6,007,655 |
| 2093 | 345,159 | 6,015,893 |
| 2092 | 348,826 | 6,023,482 |
| 2091 | 352,520 | 6,030,584 |
| 2090 | 356,219 | 6,037,116 |
| 2089 | 359,924 | 6,043,194 |
| 2088 | 363,602 | 6,048,506 |
| 2087 | 367,324 | 6,053,252 |
| 2086 | 371,059 | 6,057,347 |
| 2085 | 374,829 | 6,060,940 |
| 2084 | 378,644 | 6,063,735 |
| 2083 | 382,455 | 6,065,863 |
| 2082 | 386,310 | 6,067,171 |
| 2081 | 390,224 | 6,067,635 |
| 2080 | 394,179 | 6,067,317 |
| 2079 | 398,175 | 6,066,164 |
| 2078 | 402,181 | 6,064,127 |
| 2077 | 406,200 | 6,061,297 |
| 2076 | 410,263 | 6,057,645 |
| 2075 | 414,376 | 6,053,134 |
| 2074 | 418,534 | 6,047,620 |
| 2073 | 422,748 | 6,041,318 |
| 2072 | 426,952 | 6,034,065 |
| 2071 | 431,230 | 6,026,051 |
| 2070 | 435,563 | 6,017,288 |
| 2069 | 439,868 | 6,007,621 |
| 2068 | 444,186 | 5,997,109 |
| 2067 | 448,555 | 5,985,932 |
| 2066 | 452,869 | 5,973,853 |
| 2065 | 457,298 | 5,961,039 |
| 2064 | 461,706 | 5,947,320 |
| 2063 | 466,110 | 5,932,822 |
| 2062 | 470,496 | 5,917,367 |
| 2061 | 474,871 | 5,900,972 |
| 2060 | 479,291 | 5,883,654 |
| 2059 | 483,635 | 5,865,433 |
| 2058 | 487,928 | 5,846,037 |
| 2057 | 492,253 | 5,825,696 |
| 2056 | 496,682 | 5,804,369 |
| 2055 | 501,038 | 5,781,900 |
| 2054 | 505,324 | 5,758,339 |
| 2053 | 509,555 | 5,733,538 |
| 2052 | 513,782 | 5,707,562 |
| 2051 | 517,954 | 5,680,231 |
| 2050 | 522,097 | 5,651,617 |
| 2049 | 526,241 | 5,621,841 |
| 2048 | 530,291 | 5,590,701 |
| 2047 | 534,410 | 5,558,382 |
| 2046 | 538,441 | 5,524,843 |
| 2045 | 542,441 | 5,490,228 |
| 2044 | 546,404 | 5,454,371 |
| 2043 | 550,390 | 5,417,316 |
| 2042 | 554,278 | 5,379,169 |
| 2041 | 558,200 | 5,339,872 |
| 2040 | 562,081 | 5,299,492 |
| 2039 | 565,966 | 5,257,983 |
| 2038 | 569,835 | 5,215,284 |
| 2037 | 573,678 | 5,171,497 |
| 2036 | 577,477 | 5,126,814 |
| 2035 | 581,230 | 5,081,210 |
| 2034 | 584,919 | 5,034,708 |
| 2033 | 588,552 | 4,987,247 |
| 2032 | 592,122 | 4,938,646 |
| 2031 | 595,610 | 4,889,260 |
| 2030 | 599,030 | 4,838,970 |
| 2029 | 602,416 | 4,787,654 |
| 2028 | 605,742 | 4,735,214 |
| 2027 | 608,990 | 4,681,847 |
| 2026 | 612,312 | 4,627,497 |
| 2025 | 621,659 | 4,572,106 |
| 2024 | 623,525 | 4,515,577 |
| 2023 | 623,529 | 4,458,759 |
| 2022 | 623,591 | 4,400,773 |
| 2021 | 625,053 | 4,345,405 |
| 2020 | 626,590 | 4,293,261 |
| 2019 | 626,753 | 4,234,700 |
| 2018 | 626,438 | 4,167,860 |
| 2017 | 625,982 | 4,098,707 |
| 2016 | 625,353 | 4,029,086 |
| 2015 | 624,651 | 3,960,035 |
| 2014 | 623,744 | 3,892,101 |
| 2013 | 622,587 | 3,825,329 |
| 2012 | 621,418 | 3,759,256 |
| 2011 | 620,345 | 3,693,505 |
| 2010 | 619,428 | 3,628,535 |
| 2009 | 618,294 | 3,564,381 |
| 2008 | 616,969 | 3,500,648 |
| 2007 | 615,875 | 3,437,490 |
| 2006 | 615,025 | 3,375,024 |
| 2005 | 614,261 | 3,313,026 |
| 2004 | 613,353 | 3,251,155 |
| 2003 | 612,267 | 3,189,807 |
| 2002 | 609,828 | 3,129,344 |
| 2001 | 607,389 | 3,069,537 |
| 2000 | 604,950 | 3,010,369 |
| 1999 | 606,001 | 2,951,822 |
| 1998 | 607,662 | 2,893,914 |
| 1997 | 609,520 | 2,836,695 |
| 1996 | 611,003 | 2,780,227 |
| 1995 | 611,712 | 2,724,557 |
| 1994 | 611,389 | 2,669,546 |
| 1993 | 610,170 | 2,615,099 |
| 1992 | 608,516 | 2,561,336 |
| 1991 | 607,105 | 2,508,265 |
| 1990 | 606,372 | 2,455,583 |
| 1989 | 606,571 | 2,403,820 |
| 1988 | 607,413 | 2,352,848 |
| 1987 | 608,144 | 2,301,970 |
| 1986 | 607,711 | 2,251,325 |
| 1985 | 605,398 | 2,200,915 |
| 1984 | 600,884 | 2,150,782 |
| 1983 | 594,506 | 2,101,106 |
| 1982 | 587,001 | 2,052,271 |
| 1981 | 579,445 | 2,004,418 |
| 1980 | 572,608 | 1,957,534 |
| 1979 | 566,888 | 1,911,552 |
| 1978 | 562,065 | 1,866,311 |
| 1977 | 557,576 | 1,821,543 |
| 1976 | 552,562 | 1,776,935 |
| 1975 | 546,487 | 1,732,389 |
| 1974 | 538,902 | 1,687,926 |
| 1973 | 530,220 | 1,643,690 |
| 1972 | 521,785 | 1,599,723 |
| 1971 | 515,449 | 1,556,081 |
| 1970 | 512,407 | 1,513,070 |
| 1969 | 513,340 | 1,470,886 |
| 1968 | 517,481 | 1,429,447 |
| 1967 | 522,796 | 1,388,628 |
| 1966 | 526,419 | 1,348,388 |
| 1965 | 526,327 | 1,308,835 |
| 1964 | 521,753 | 1,270,065 |
| 1963 | 513,409 | 1,232,124 |
| 1962 | 502,558 | 1,195,301 |
| 1961 | 491,140 | 1,159,870 |
| 1960 | 480,579 | 1,126,005 |
Data sources: United Nations | World Population Prospects (2025–2100, retrieved 2026-03-10); World Bank | Health (1960–2024, retrieved 2026-04-06).
GeoRank.org/population/montenegro/panama | CC BY 
From 2006 to 2016, the population of Montenegro increased by 10,328 people (a 1.68% growth), while Panama gained 654,062 people (a 19.4% growth).
For the next 10 years, from 2016 to 2026, Montenegro lost 13,041 people (a 2.09% decline), while Panama's population increased by 613,112 people (a 15.2% growth).
Montenegro was ranked 162nd most populous country in 2006 and is 166th in 2026. Panama was ranked 128th in 2006 and still ranked 128th now.
The UN's World Population Prospects forecasts that in 24 years (in 2050) Montenegro's population will shrink by 14.7% to 522,097 people with a rank change from 166th to 170th. The population of Panama will increase by 21.7% to 5,651,617 people and rank change from 128th to 124th.
Panama is projected to reach its peak in 2081 at 6.07M people, while Montenegro's population already peaked in 2019 at 627K people and is projected to decrease to 320K people by 2100.
Population growth rate by year
| Year | Growth rate | |
|---|---|---|
|
Montenegro
|
Panama
|
|
| 2100 | -1.12% | -0.19% |
| 2099 | -1.1% | -0.18% |
| 2098 | -1.1% | -0.17% |
| 2097 | -1.09% | -0.16% |
| 2096 | -1.08% | -0.16% |
| 2095 | -1.06% | -0.14% |
| 2094 | -1.06% | -0.14% |
| 2093 | -1.05% | -0.13% |
| 2092 | -1.05% | -0.12% |
| 2091 | -1.04% | -0.11% |
| 2090 | -1.03% | -0.1% |
| 2089 | -1.01% | -0.09% |
| 2088 | -1.01% | -0.08% |
| 2087 | -1.01% | -0.07% |
| 2086 | -1.01% | -0.06% |
| 2085 | -1.01% | -0.05% |
| 2084 | -1% | -0.04% |
| 2083 | -1% | -0.02% |
| 2082 | -1% | -0.008% |
| 2081 | -1% | 0.005% |
| 2080 | -1% | 0.02% |
| 2079 | -1% | 0.03% |
| 2078 | -0.99% | 0.05% |
| 2077 | -0.99% | 0.06% |
| 2076 | -0.99% | 0.07% |
| 2075 | -0.99% | 0.09% |
| 2074 | -1% | 0.1% |
| 2073 | -0.98% | 0.12% |
| 2072 | -0.99% | 0.13% |
| 2071 | -0.99% | 0.15% |
| 2070 | -0.98% | 0.16% |
| 2069 | -0.97% | 0.18% |
| 2068 | -0.97% | 0.19% |
| 2067 | -0.95% | 0.2% |
| 2066 | -0.97% | 0.21% |
| 2065 | -0.95% | 0.23% |
| 2064 | -0.94% | 0.24% |
| 2063 | -0.93% | 0.26% |
| 2062 | -0.92% | 0.28% |
| 2061 | -0.92% | 0.29% |
| 2060 | -0.9% | 0.31% |
| 2059 | -0.88% | 0.33% |
| 2058 | -0.88% | 0.35% |
| 2057 | -0.89% | 0.37% |
| 2056 | -0.87% | 0.39% |
| 2055 | -0.85% | 0.41% |
| 2054 | -0.83% | 0.43% |
| 2053 | -0.82% | 0.46% |
| 2052 | -0.81% | 0.48% |
| 2051 | -0.79% | 0.51% |
| 2050 | -0.79% | 0.53% |
| 2049 | -0.76% | 0.56% |
| 2048 | -0.77% | 0.58% |
| 2047 | -0.75% | 0.61% |
| 2046 | -0.74% | 0.63% |
| 2045 | -0.73% | 0.66% |
| 2044 | -0.72% | 0.68% |
| 2043 | -0.7% | 0.71% |
| 2042 | -0.7% | 0.74% |
| 2041 | -0.69% | 0.76% |
| 2040 | -0.69% | 0.79% |
| 2039 | -0.68% | 0.82% |
| 2038 | -0.67% | 0.85% |
| 2037 | -0.66% | 0.87% |
| 2036 | -0.65% | 0.9% |
| 2035 | -0.63% | 0.92% |
| 2034 | -0.62% | 0.95% |
| 2033 | -0.6% | 0.98% |
| 2032 | -0.59% | 1.01% |
| 2031 | -0.57% | 1.04% |
| 2030 | -0.56% | 1.07% |
| 2029 | -0.55% | 1.11% |
| 2028 | -0.53% | 1.14% |
| 2027 | -0.54% | 1.17% |
| 2026 | -1.5% | 1.21% |
| 2025 | -0.3% | 1.25% |
| 2024 | -0.001% | 1.27% |
| 2023 | -0.01% | 1.32% |
| 2022 | -0.23% | 1.27% |
| 2021 | -0.25% | 1.21% |
| 2020 | -0.03% | 1.38% |
| 2019 | 0.05% | 1.6% |
| 2018 | 0.07% | 1.69% |
| 2017 | 0.1% | 1.73% |
| 2016 | 0.11% | 1.74% |
| 2015 | 0.15% | 1.75% |
| 2014 | 0.19% | 1.75% |
| 2013 | 0.19% | 1.76% |
| 2012 | 0.17% | 1.78% |
| 2011 | 0.15% | 1.79% |
| 2010 | 0.18% | 1.8% |
| 2009 | 0.21% | 1.82% |
| 2008 | 0.18% | 1.84% |
| 2007 | 0.14% | 1.85% |
| 2006 | 0.12% | 1.87% |
| 2005 | 0.15% | 1.9% |
| 2004 | 0.18% | 1.92% |
| 2003 | 0.4% | 1.93% |
| 2002 | 0.4% | 1.95% |
| 2001 | 0.4% | 1.97% |
| 2000 | -0.17% | 1.98% |
| 1999 | -0.27% | 2% |
| 1998 | -0.3% | 2.02% |
| 1997 | -0.24% | 2.03% |
| 1996 | -0.12% | 2.04% |
| 1995 | 0.05% | 2.06% |
| 1994 | 0.2% | 2.08% |
| 1993 | 0.27% | 2.1% |
| 1992 | 0.23% | 2.12% |
| 1991 | 0.12% | 2.15% |
| 1990 | -0.03% | 2.15% |
| 1989 | -0.14% | 2.17% |
| 1988 | -0.12% | 2.21% |
| 1987 | 0.07% | 2.25% |
| 1986 | 0.38% | 2.29% |
| 1985 | 0.75% | 2.33% |
| 1984 | 1.07% | 2.36% |
| 1983 | 1.28% | 2.38% |
| 1982 | 1.3% | 2.39% |
| 1981 | 1.19% | 2.4% |
| 1980 | 1.01% | 2.41% |
| 1979 | 0.86% | 2.42% |
| 1978 | 0.81% | 2.46% |
| 1977 | 0.91% | 2.51% |
| 1976 | 1.11% | 2.57% |
| 1975 | 1.41% | 2.63% |
| 1974 | 1.64% | 2.69% |
| 1973 | 1.62% | 2.75% |
| 1972 | 1.23% | 2.8% |
| 1971 | 0.59% | 2.84% |
| 1970 | -0.18% | 2.87% |
| 1969 | -0.8% | 2.9% |
| 1968 | -1.02% | 2.94% |
| 1967 | -0.69% | 2.98% |
| 1966 | 0.02% | 3.02% |
| 1965 | 0.88% | 3.05% |
| 1964 | 1.63% | 3.08% |
| 1963 | 2.16% | 3.08% |
| 1962 | 2.32% | 3.05% |
| 1961 | 2.2% | 3.01% |
Data sources: United Nations | World Population Prospects (2025–2100, retrieved 2026-03-10); World Bank | Health (1961–2024, retrieved 2026-04-06).
GeoRank.org/population/montenegro/panama | CC BY
In 2024, the population of Montenegro declined by 0.0006%, while Panama's population grew by 1.27%.
Live population counters
|
Montenegro
|
Panama
|
|
|---|---|---|
| Current population |
612312
|
4642198
|
| Population rank | 166/197 | 128/197 |
| Percent of world population | 0.007% | 0.06% |
| One net population change |
3.26 months
|
9.25 minutes
|
| One birth every |
1.25 hours
|
7.35 minutes
|
| One death every |
1.39 hours
|
24.7 minutes
|
| Daily growth/decline | +0 | +156 |
| Annual growth/decline | -4 | +56,818 |
| Annual growth/decline rate | -0.0006% | +1.27% |
| Population growth rate rank | 164/197 | 83/197 |
| One migration net change every |
56.8 minutes
|
1.43 hours
|
| Annual migration change | -9,279 | +6,151 |
| Net migration rank | 131/196 | 49/196 |
| Foreign-born residents | 92,237 | 477,749 |
| Foreign-born residents rank | 134/195 | 81/195 |
| Foreign-born share of population | 14.4% | 10.6% |
| Foreign-born share rank | 45/195 | 63/195 |
Natural population change vs migration
| Year | Population change | |||
|---|---|---|---|---|
|
Montenegro
|
Panama
|
|||
| Natural | Migration | Natural | Migration | |
| 2025 | - | -9,279 | - | 6,151 |
| 2024 | - | -1,686 | - | 6,706 |
| 2023 | 686 | 12,000 | 50,197 | 7,262 |
| 2022 | 0 | 26,332 | 50,556 | 7,967 |
| 2021 | -2,062 | -2,344 | 46,747 | 5,473 |
| 2020 | -188 | -3,310 | 46,599 | 5,473 |
| 2019 | 627 | -4,083 | 54,420 | 10,623 |
| 2018 | 752 | -5,058 | 57,508 | 11,130 |
| 2017 | 939 | -4,948 | 58,607 | 11,059 |
| 2016 | 1,125 | -5,274 | 59,454 | 10,109 |
| 2015 | 1,062 | -4,863 | 59,896 | 8,648 |
| 2014 | 1,560 | -4,357 | 60,227 | 7,105 |
| 2013 | 1,557 | -2,478 | 60,295 | 5,926 |
| 2012 | 1,554 | -1,583 | 60,471 | 5,447 |
| 2011 | 1,365 | 0 | 60,411 | 5,167 |
| 2010 | 1,797 | -2,276 | 59,418 | 4,953 |
| 2009 | 2,783 | -3,456 | 59,168 | 4,765 |
| 2008 | 2,530 | -3,326 | 58,961 | 4,568 |
| 2007 | 1,848 | -3,056 | 58,454 | 4,330 |
| 2006 | 1,599 | -2,735 | 58,067 | 4,087 |
| 2005 | 1,536 | -2,247 | 58,014 | 3,843 |
| 2004 | 2,146 | -1,997 | 58,281 | 3,596 |
| 2003 | 2,632 | -3,178 | 57,458 | 3,352 |
| 2002 | 2,988 | -3,357 | 57,011 | 3,099 |
| 2001 | 3,462 | -3,511 | 56,654 | 2,856 |
| 2000 | 3,751 | -3,734 | 56,236 | 2,602 |
| 1999 | 3,454 | -3,487 | 55,911 | 2,341 |
| 1998 | 3,889 | -3,326 | 55,482 | 2,084 |
| 1997 | 3,597 | -3,077 | 55,060 | 1,820 |
| 1996 | 4,155 | -3,051 | 54,512 | 1,533 |
| 1995 | 4,527 | -3,082 | 54,069 | 1,221 |
| 1994 | 4,381 | -2,889 | 53,845 | 899 |
| 1993 | 4,638 | -2,835 | 53,591 | 560 |
| 1992 | 5,015 | -2,942 | 53,186 | 182 |
| 1991 | 5,191 | -2,630 | 53,079 | -305 |
| 1990 | 5,010 | -1,705 | 53,451 | -854 |
| 1989 | 5,129 | -1,730 | 52,295 | -1,368 |
| 1988 | 5,529 | -2,165 | 52,767 | -1,750 |
| 1987 | 5,958 | -2,569 | 52,690 | -1,953 |
| 1986 | 6,097 | -2,747 | 52,681 | -2,136 |
| 1985 | 6,283 | -3,013 | 52,573 | -2,297 |
| 1984 | 6,337 | -3,074 | 52,436 | -2,435 |
| 1983 | 6,482 | -3,190 | 51,880 | -2,518 |
| 1982 | 6,419 | -3,151 | 50,858 | -2,554 |
| 1981 | 6,275 | -2,287 | 50,018 | -2,620 |
| 1980 | 6,383 | -450 | 49,077 | -2,701 |
| 1979 | 6,139 | -718 | 48,362 | -2,772 |
| 1978 | 6,408 | -1,103 | 47,694 | -2,811 |
| 1977 | 6,650 | -1,364 | 47,438 | -2,792 |
| 1976 | 6,845 | -1,447 | 47,307 | -2,727 |
| 1975 | 6,878 | -1,588 | 47,149 | -2,635 |
| 1974 | 6,919 | -1,669 | 46,932 | -2,531 |
| 1973 | 7,096 | -1,778 | 46,540 | -2,464 |
| 1972 | 7,252 | -1,922 | 46,311 | -2,448 |
| 1971 | 7,168 | -1,856 | 45,867 | -2,454 |
| 1970 | 7,069 | -2,013 | 45,075 | -2,476 |
| 1969 | 7,449 | -2,456 | 44,278 | -2,510 |
| 1968 | 7,497 | -2,404 | 43,641 | -2,528 |
| 1967 | 7,961 | -2,519 | 43,054 | -2,528 |
| 1966 | 8,661 | -2,751 | 42,457 | -2,500 |
| 1965 | 9,010 | -2,743 | 41,604 | -2,454 |
| 1964 | 9,227 | -2,734 | 40,806 | -2,418 |
| 1963 | 9,449 | -2,800 | 39,872 | -2,380 |
| 1962 | 9,402 | -2,606 | 38,537 | -2,377 |
| 1961 | 9,278 | -2,254 | 37,100 | -2,394 |
| 1960 | 9,144 | -2,467 | 35,431 | -2,409 |
Data sources: World Bank | Health (1960–2025, retrieved 2026-04-06).
GeoRank.org/population/montenegro/panama | CC BY
Over the last 10 years, 52.4% of the population change in Montenegro is from natural causes (a gain of 4,501 people) and 47.6% is from migration (a gain of 4,095 people). In Panama 86.5% is from natural causes (a gain of 544,211 people) and 13.5% is from migration (a gain of 84,849 people).
As of 2024, 92,237 residents or 14.4% of the population were not native-born in Montenegro, compared to 477,749 people or 10.6% in Panama.
Biggest cities by population
|
Montenegro
|
|
|---|---|
| City | Population |
| Podgorica | 151K |
| Ulcinj | 19.9K |
| Cetinje | 14K |
| Plav | 13.8K |
| Bar | 13.7K |
| Budva | 13.3K |
| Berane | 11.1K |
| Mojkovac | 3.59K |
| Kotor | 961 |
|
Panama
|
|
|---|---|
| City | Population |
| Panama | 410K |
| Colon | 242K |
| Santiago de Veraguas | 110K |
| Tocumen | 103K |
| David | 82.9K |
| La Chorrera | 68.9K |
| Pacora | 52.5K |
| Penonome | 21.7K |
| Balboa | 10K |
| Chitre | 9.02K |
Compare countries by 7 more topics
Population differences between Montenegro and Panama
|
Montenegro
|
Panama
|
|
|---|---|---|
| Life expectancy | 77.6 years | 80.1 years |
| Average age | 40.3 years | 33.3 years |
| Median age | 40.6 years | 30.9 years |
| Male:Female ratio | 48.1:51.9 | 50:50 |
| Fertility rate | 1.74 births per woman | 2.12 births per woman |
| Population density | 117.9 ppl/mi² | 161.6 ppl/mi² |
Population map with other countries
Data sources: World Bank | Health (1960–2024, retrieved 2026-04-06); United Nations | World Population Prospects (1960–2026, retrieved 2026-03-10); U.S. Census Bureau (1960–2025, retrieved 2026-02-08); Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20).
GeoRank.org/population/montenegro/panama | CC BY
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Data sources:
- World Bank | Health (1960–2025, retrieved 2026-04-06)
- United Nations | World Population Prospects (1960–2100, retrieved 2026-03-10)
- U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
- Wikidata (2026, retrieved 2026-02-08)
- Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20)
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