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Population in Panama compared to Peru: Trends, Charts, Rankings

Updated on by Georank team

The latest officially reported population of Panama was 4,515,577 in 2024 vs 34,217,848 people in Peru in 2024. In 2026, based on the adjusted UN estimation, the current Panama's population is 4,642,198 people compared to 35,031,596 in Peru.

Population statistics:

  • Peru's population is 7.55 times bigger than Panama's.
  • Panama is ranked the 128th most populous country in the world, while Peru is the 48th.
  • The countries together account for 0.48% of the world: 0.06% for Panama vs 0.42% for Peru.
  • For the last 10 years, Panama has had an average growth rate of +1.52% per year vs +1.26% in Peru.
  • Since 2006, the population of Panama has increased from 3.38M people to 4.64M (37.5% growth), while Peru has grown from 28.3M to 35M (23.7% growth).

Panama vs Peru: population by year and forecast

Panama
Factual

Projection
Peru
Factual

Projection
1x
Year Population
Panama Peru
2100 5,947,731 38,452,509
2099 5,958,919 38,619,608
2098 5,969,676 38,784,430
2097 5,979,860 38,947,717
2096 5,989,615 39,108,849
2095 5,998,960 39,267,786
2094 6,007,655 39,423,479
2093 6,015,893 39,578,294
2092 6,023,482 39,729,309
2091 6,030,584 39,877,488
2090 6,037,116 40,022,659
2089 6,043,194 40,164,228
2088 6,048,506 40,303,304
2087 6,053,252 40,438,644
2086 6,057,347 40,569,419
2085 6,060,940 40,695,935
2084 6,063,735 40,817,705
2083 6,065,863 40,933,831
2082 6,067,171 41,045,559
2081 6,067,635 41,151,529
2080 6,067,317 41,252,019
2079 6,066,164 41,345,682
2078 6,064,127 41,433,298
2077 6,061,297 41,514,392
2076 6,057,645 41,589,064
2075 6,053,134 41,656,726
2074 6,047,620 41,717,426
2073 6,041,318 41,770,225
2072 6,034,065 41,815,673
2071 6,026,051 41,853,504
2070 6,017,288 41,883,997
2069 6,007,621 41,906,365
2068 5,997,109 41,920,235
2067 5,985,932 41,925,717
2066 5,973,853 41,923,100
2065 5,961,039 41,912,338
2064 5,947,320 41,893,671
2063 5,932,822 41,866,010
2062 5,917,367 41,830,096
2061 5,900,972 41,785,364
2060 5,883,654 41,732,163
2059 5,865,433 41,670,843
2058 5,846,037 41,601,084
2057 5,825,696 41,522,014
2056 5,804,369 41,434,774
2055 5,781,900 41,338,448
2054 5,758,339 41,233,873
2053 5,733,538 41,120,477
2052 5,707,562 40,999,698
2051 5,680,231 40,870,773
2050 5,651,617 40,733,304
2049 5,621,841 40,588,072
2048 5,590,701 40,434,856
2047 5,558,382 40,272,431
2046 5,524,843 40,100,751
2045 5,490,228 39,920,558
2044 5,454,371 39,731,027
2043 5,417,316 39,534,093
2042 5,379,169 39,328,332
2041 5,339,872 39,114,174
2040 5,299,492 38,892,211
2039 5,257,983 38,662,243
2038 5,215,284 38,424,592
2037 5,171,497 38,178,789
2036 5,126,814 37,924,438
2035 5,081,210 37,662,565
2034 5,034,708 37,392,354
2033 4,987,247 37,114,776
2032 4,938,646 36,830,488
2031 4,889,260 36,538,688
2030 4,838,970 36,238,199
2029 4,787,654 35,929,085
2028 4,735,214 35,609,999
2027 4,681,847 35,280,410
2026 4,627,497 34,939,340
2025 4,572,106 34,585,730
2024 4,515,577 34,217,848
2023 4,458,759 33,845,617
2022 4,400,773 33,475,438
2021 4,345,405 33,155,882
2020 4,293,261 32,838,579
2019 4,234,700 32,449,303
2018 4,167,860 31,897,584
2017 4,098,707 31,324,637
2016 4,029,086 30,866,494
2015 3,960,035 30,457,600
2014 3,892,101 30,115,826
2013 3,825,329 29,817,919
2012 3,759,256 29,550,366
2011 3,693,505 29,304,086
2010 3,628,535 29,086,019
2009 3,564,381 28,896,811
2008 3,500,648 28,719,041
2007 3,437,490 28,530,699
2006 3,375,024 28,324,491
2005 3,313,026 28,101,180
2004 3,251,155 27,852,190
2003 3,189,807 27,580,490
2002 3,129,344 27,288,217
2001 3,069,537 26,964,601
2000 3,010,369 26,598,331
1999 2,951,822 26,186,504
1998 2,893,914 25,738,095
1997 2,836,695 25,274,147
1996 2,780,227 24,811,171
1995 2,724,557 24,348,919
1994 2,669,546 23,881,493
1993 2,615,099 23,413,783
1992 2,561,336 22,946,340
1991 2,508,265 22,483,775
1990 2,455,583 22,014,771
1989 2,403,820 21,532,589
1988 2,352,848 21,054,702
1987 2,301,970 20,582,320
1986 2,251,325 20,117,122
1985 2,200,915 19,648,204
1984 2,150,782 19,174,716
1983 2,101,106 18,705,957
1982 2,052,271 18,246,503
1981 2,004,418 17,798,805
1980 1,957,534 17,360,949
1979 1,911,552 16,933,139
1978 1,866,311 16,516,059
1977 1,821,543 16,109,806
1976 1,776,935 15,716,809
1975 1,732,389 15,333,957
1974 1,687,926 14,956,552
1973 1,643,690 14,582,867
1972 1,599,723 14,210,147
1971 1,556,081 13,838,067
1970 1,513,070 13,501,237
1969 1,470,886 13,166,767
1968 1,429,447 12,803,993
1967 1,388,628 12,448,814
1966 1,348,388 12,101,297
1965 1,308,835 11,761,085
1964 1,270,065 11,427,978
1963 1,232,124 11,102,099
1962 1,195,301 10,784,612
1961 1,159,870 10,475,123
1960 1,126,005 10,174,127

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/panama/peru | CC BY

From 2006 to 2016, the population of Panama increased by 654,062 people (a 19.4% growth), while Peru gained 2,542,003 people (a 8.97% growth).

For the next 10 years, from 2016 to 2026, Panama gained 613,112 people (a 15.2% growth), while Peru's population increased by 4,165,102 people (a 13.5% growth).

Panama was ranked 128th most populous country in 2006 and is still 128th in 2026. Peru was ranked 40th in 2006 and ranked 48th now.

The UN's World Population Prospects forecasts that in 24 years (in 2050) Panama's population will grow by 21.7% to 5,651,617 people with a rank change from 128th to 124th. The population of Peru will increase by 16.3% to 40,733,304 people and rank change from 48th to 51st.

Panama is projected to reach its peak in 2081 at 6.07M people compared to the peak of 41.9M people in 2067 for Peru.

Population growth rate by year

Panama
Factual

Projection
Peru
Factual

Projection
1x
Year Growth rate
Panama Peru
2100 -0.19% -0.43%
2099 -0.18% -0.42%
2098 -0.17% -0.42%
2097 -0.16% -0.41%
2096 -0.16% -0.4%
2095 -0.14% -0.39%
2094 -0.14% -0.39%
2093 -0.13% -0.38%
2092 -0.12% -0.37%
2091 -0.11% -0.36%
2090 -0.1% -0.35%
2089 -0.09% -0.35%
2088 -0.08% -0.33%
2087 -0.07% -0.32%
2086 -0.06% -0.31%
2085 -0.05% -0.3%
2084 -0.04% -0.28%
2083 -0.02% -0.27%
2082 -0.008% -0.26%
2081 0.005% -0.24%
2080 0.02% -0.23%
2079 0.03% -0.21%
2078 0.05% -0.2%
2077 0.06% -0.18%
2076 0.07% -0.16%
2075 0.09% -0.15%
2074 0.1% -0.13%
2073 0.12% -0.11%
2072 0.13% -0.09%
2071 0.15% -0.07%
2070 0.16% -0.05%
2069 0.18% -0.03%
2068 0.19% -0.01%
2067 0.2% 0.006%
2066 0.21% 0.03%
2065 0.23% 0.04%
2064 0.24% 0.07%
2063 0.26% 0.09%
2062 0.28% 0.11%
2061 0.29% 0.13%
2060 0.31% 0.15%
2059 0.33% 0.17%
2058 0.35% 0.19%
2057 0.37% 0.21%
2056 0.39% 0.23%
2055 0.41% 0.25%
2054 0.43% 0.28%
2053 0.46% 0.29%
2052 0.48% 0.32%
2051 0.51% 0.34%
2050 0.53% 0.36%
2049 0.56% 0.38%
2048 0.58% 0.4%
2047 0.61% 0.43%
2046 0.63% 0.45%
2045 0.66% 0.48%
2044 0.68% 0.5%
2043 0.71% 0.52%
2042 0.74% 0.55%
2041 0.76% 0.57%
2040 0.79% 0.59%
2039 0.82% 0.62%
2038 0.85% 0.64%
2037 0.87% 0.67%
2036 0.9% 0.7%
2035 0.92% 0.72%
2034 0.95% 0.75%
2033 0.98% 0.77%
2032 1.01% 0.8%
2031 1.04% 0.83%
2030 1.07% 0.86%
2029 1.11% 0.9%
2028 1.14% 0.93%
2027 1.17% 0.98%
2026 1.21% 1.02%
2025 1.25% 1.08%
2024 1.27% 1.1%
2023 1.32% 1.11%
2022 1.27% 0.96%
2021 1.21% 0.97%
2020 1.38% 1.2%
2019 1.6% 1.73%
2018 1.69% 1.83%
2017 1.73% 1.48%
2016 1.74% 1.34%
2015 1.75% 1.13%
2014 1.75% 1%
2013 1.76% 0.91%
2012 1.78% 0.84%
2011 1.79% 0.75%
2010 1.8% 0.65%
2009 1.82% 0.62%
2008 1.84% 0.66%
2007 1.85% 0.73%
2006 1.87% 0.79%
2005 1.9% 0.89%
2004 1.92% 0.99%
2003 1.93% 1.07%
2002 1.95% 1.2%
2001 1.97% 1.38%
2000 1.98% 1.57%
1999 2% 1.74%
1998 2.02% 1.84%
1997 2.03% 1.87%
1996 2.04% 1.9%
1995 2.06% 1.96%
1994 2.08% 2%
1993 2.1% 2.04%
1992 2.12% 2.06%
1991 2.15% 2.13%
1990 2.15% 2.24%
1989 2.17% 2.27%
1988 2.21% 2.3%
1987 2.25% 2.31%
1986 2.29% 2.39%
1985 2.33% 2.47%
1984 2.36% 2.51%
1983 2.38% 2.52%
1982 2.39% 2.52%
1981 2.4% 2.52%
1980 2.41% 2.53%
1979 2.42% 2.53%
1978 2.46% 2.52%
1977 2.51% 2.5%
1976 2.57% 2.5%
1975 2.63% 2.52%
1974 2.69% 2.56%
1973 2.75% 2.62%
1972 2.8% 2.69%
1971 2.84% 2.49%
1970 2.87% 2.54%
1969 2.9% 2.83%
1968 2.94% 2.85%
1967 2.98% 2.87%
1966 3.02% 2.89%
1965 3.05% 2.91%
1964 3.08% 2.94%
1963 3.08% 2.94%
1962 3.05% 2.95%
1961 3.01% 2.96%

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/panama/peru | CC BY

In 2024, the population of Panama grew by 1.27%, while Peru's population grew by 1.1%.

Live population counters

Panama Peru
Current population
4642198
35031596
Population rank 128/197 48/197
Percent of world population 0.06% 0.42%
One net population change
9.25 minutes
1.41 minutes
One birth every
7.35 minutes
58.4 seconds
One death every
24.7 minutes
2.83 minutes
Daily growth/decline +156 +1,020
Annual growth/decline +56,818 +372,231
Annual growth/decline rate +1.27% +1.1%
Population growth rate rank 83/197 95/197
One migration net change every
1.43 hours
44.2 minutes
Annual migration change +6,151 +11,931
Net migration rank 49/196 41/196
Foreign-born residents 477,749 1,837,219
Foreign-born residents rank 81/195 39/195
Foreign-born share of population 10.6% 5.4%
Foreign-born share rank 63/195 90/195

Natural population change vs migration

Panama
Natural

Migration
Peru
Natural

Migration
1x
Year Population change
Panama Peru
Natural Migration Natural Migration
2025 - 6,151 - 11,931
2024 - 6,706 - 18,406
2023 50,197 7,262 353,788 24,783
2022 50,556 7,967 327,859 33,982
2021 46,747 5,473 235,440 41,868
2020 46,599 5,473 301,950 55,375
2019 54,420 10,623 346,981 74,270
2018 57,508 11,130 343,123 339,067
2017 58,607 11,059 349,333 114,382
2016 59,454 10,109 355,859 96,740
2015 59,896 8,648 362,781 2,421
2014 60,227 7,105 368,708 -50,383
2013 60,295 5,926 372,694 -95,214
2012 60,471 5,447 376,501 -118,863
2011 60,411 5,167 383,268 -148,339
2010 59,418 4,953 382,510 -181,302
2009 59,168 4,765 396,522 -219,314
2008 58,961 4,568 413,640 -235,307
2007 58,454 4,330 435,122 -236,745
2006 58,067 4,087 445,884 -231,851
2005 58,014 3,843 454,199 -221,652
2004 58,281 3,596 459,617 -194,171
2003 57,458 3,352 459,243 -181,276
2002 57,011 3,099 463,709 -157,158
2001 56,654 2,856 470,154 -129,481
2000 56,236 2,602 484,222 -92,353
1999 55,911 2,341 487,095 -55,325
1998 55,482 2,084 489,436 -24,388
1997 55,060 1,820 495,348 -32,515
1996 54,512 1,533 501,855 -38,749
1995 54,069 1,221 507,894 -46,499
1994 53,845 899 512,735 -39,299
1993 53,591 560 513,769 -51,775
1992 53,186 182 514,618 -41,702
1991 53,079 -305 513,867 -61,645
1990 53,451 -854 515,233 -29,437
1989 52,295 -1,368 512,152 -33,569
1988 52,767 -1,750 508,429 -31,238
1987 52,690 -1,953 502,229 -34,651
1986 52,681 -2,136 496,712 -33,891
1985 52,573 -2,297 488,887 -13,887
1984 52,436 -2,435 477,968 -6,007
1983 51,880 -2,518 469,781 -4,243
1982 50,858 -2,554 461,107 -7,748
1981 50,018 -2,620 453,158 -11,123
1980 49,077 -2,701 445,100 -11,446
1979 48,362 -2,772 439,110 -17,148
1978 47,694 -2,811 432,127 -19,939
1977 47,438 -2,792 425,428 -25,117
1976 47,307 -2,727 420,284 -34,602
1975 47,149 -2,635 414,400 -34,382
1974 46,932 -2,531 408,299 -33,493
1973 46,540 -2,464 400,752 -28,191
1972 46,311 -2,448 396,960 -24,100
1971 45,867 -2,454 391,506 -20,209
1970 45,075 -2,476 318,022 -15,653
1969 44,278 -2,510 379,347 -12,776
1968 43,641 -2,528 372,379 -13,389
1967 43,054 -2,528 365,224 -13,837
1966 42,457 -2,500 356,819 -13,166
1965 41,604 -2,454 349,245 -12,470
1964 40,806 -2,418 341,570 -12,129
1963 39,872 -2,380 332,352 -10,040
1962 38,537 -2,377 321,716 -9,051
1961 37,100 -2,394 313,385 -7,063
1960 35,431 -2,409 302,924 -7,236

Data sources: World Bank | Health (1960–2025, retrieved 2026-04-06).

GeoRank.org/population/panama/peru | CC BY

Over the last 10 years, 86.5% of the population change in Panama is from natural causes (a gain of 544,211 people) and 13.5% is from migration (a gain of 84,849 people). In Peru 82% is from natural causes (a gain of 3,345,822 people) and 18% is from migration (a gain of 732,505 people).

As of 2024, 477,749 residents or 10.6% of the population were not native-born in Panama, compared to 1,837,219 people or 5.4% in Peru.

Biggest cities by population

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
Peru
City Population
Lima 9.94M
Arequipa 1.01M
Trujillo 920K
Chiclayo 553K
Callao 537K
Piura 473K
Cusco 428K
Chimbote 395K
Huancayo 378K
Iquitos 378K

Compare countries by 7 more topics

Population map with other countries

1x

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/panama/peru | CC BY

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-04-06)
  2. United Nations | World Population Prospects (1960–2100, retrieved 2026-03-10)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-02-08)
  4. Wikidata (2026, retrieved 2026-02-08)
  5. Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-02-20)

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