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

Updated on by Georank

The latest officially reported population of Panama was 4,571,189 in 2025 vs 34,576,665 people in Peru in 2025. In 2026, based on the adjusted UN estimation, the current Panama's population is 4,654,479 people compared to 35,105,331 in Peru.

Population statistics:

  • Peru's population is 7.54 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 +1.47% per year vs +1.26% in Peru.
  • Since 2006, the population of Panama has increased from 3.38M people to 4.65M (37.9% growth), while Peru has grown from 28.3M to 35.1M (23.9% growth).

Panama vs Peru: population by year and forecast

Panama
Factual

Projection
Peru
Factual

Projection
1x
Year Population
Panama Peru
2100 5,946,537 38,442,430
2099 5,957,723 38,609,486
2098 5,968,478 38,774,265
2097 5,978,660 38,937,509
2096 5,988,413 39,098,598
2095 5,997,756 39,257,494
2094 6,006,449 39,413,146
2093 6,014,686 39,567,920
2092 6,022,273 39,718,895
2091 6,029,373 39,867,036
2090 6,035,905 40,012,169
2089 6,041,981 40,153,701
2088 6,047,292 40,292,740
2087 6,052,037 40,428,045
2086 6,056,131 40,558,786
2085 6,059,724 40,685,268
2084 6,062,518 40,807,007
2083 6,064,646 40,923,102
2082 6,065,953 41,034,801
2081 6,066,417 41,140,743
2080 6,066,099 41,241,207
2079 6,064,946 41,334,845
2078 6,062,910 41,422,439
2077 6,060,080 41,503,511
2076 6,056,429 41,578,164
2075 6,051,919 41,645,808
2074 6,046,406 41,706,491
2073 6,040,106 41,759,277
2072 6,032,854 41,804,713
2071 6,024,842 41,842,534
2070 6,016,080 41,873,019
2069 6,006,415 41,895,381
2068 5,995,906 41,909,248
2067 5,984,730 41,914,729
2066 5,972,654 41,912,112
2065 5,959,843 41,901,353
2064 5,946,126 41,882,691
2063 5,931,632 41,855,037
2062 5,916,180 41,819,132
2061 5,899,788 41,774,412
2060 5,882,473 41,721,225
2059 5,864,256 41,659,921
2058 5,844,863 41,590,180
2057 5,824,527 41,511,131
2056 5,803,204 41,423,914
2055 5,780,739 41,327,613
2054 5,757,183 41,223,066
2053 5,732,387 41,109,699
2052 5,706,417 40,988,952
2051 5,679,091 40,860,060
2050 5,650,483 40,722,627
2049 5,620,713 40,577,434
2048 5,589,579 40,424,258
2047 5,557,267 40,261,875
2046 5,523,734 40,090,240
2045 5,489,126 39,910,095
2044 5,453,277 39,720,613
2043 5,416,228 39,523,731
2042 5,378,090 39,318,023
2041 5,338,800 39,103,923
2040 5,298,428 38,882,017
2039 5,256,927 38,652,110
2038 5,214,237 38,414,521
2037 5,170,459 38,168,782
2036 5,125,785 37,914,498
2035 5,080,190 37,652,693
2034 5,033,697 37,382,554
2033 4,986,246 37,105,048
2032 4,937,655 36,820,835
2031 4,888,279 36,529,111
2030 4,837,999 36,228,701
2029 4,786,693 35,919,668
2028 4,734,263 35,600,666
2027 4,680,907 35,271,163
2026 4,626,568 34,930,183
2025 4,571,189 34,576,665
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 (2026–2100, retrieved 2026-07-08); World Bank | Health (1960–2025, retrieved 2026-07-08).

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 625,393 people (a 15.5% growth), while Peru's population increased by 4,238,837 people (a 13.7% 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 21.4% to 5,650,483 people with a rank change from 128th to 124th. The population of Peru will increase by 16% to 40,722,627 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 1.23% 1.05%
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 (2026–2100, retrieved 2026-07-08); World Bank | Health (1961–2025, retrieved 2026-07-08).

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

In 2025, the population of Panama grew by 1.23%, while Peru's population grew by 1.05%.

Live population counters

Panama Peru
Current population
4654479
35105331
Population rank 128/197 48/197
Percent of world population 0.06% 0.42%
One net population change
9.48 minutes
1.47 minutes
One birth every
7.34 minutes
58.5 seconds
One death every
23.7 minutes
2.75 minutes
Daily growth/decline +152 +983
Annual growth/decline +55,612 +358,817
Annual growth/decline rate +1.23% +1.05%
Population growth rate rank 82/197 97/197
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 49,459 6,706 347,517 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 2026-07-08).

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

Over the last 10 years, 86.3% of the population change in Panama is from natural causes (a gain of 533,443 people) and 13.7% is from migration (a gain of 84,450 people). In Peru 80.6% is from natural causes (a gain of 3,324,631 people) and 19.4% is from migration (a gain of 801,294 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 1.54M
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 (1960–2025, retrieved 2026-07-08); United Nations | World Population Prospects (1960–2026, retrieved 2026-07-08); U.S. Census Bureau (1960–2025, retrieved 2026-07-08); Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Health (1960–2025, retrieved 2026-07-08)
  2. United Nations | World Population Prospects (1960–2100, retrieved 2026-07-08)
  3. U.S. Census Bureau (1960–2025, retrieved 2026-07-08)
  4. Wikidata (2026, retrieved 2026-07-08)
  5. Central Intelligence Agency (CIA) (2000–2019, retrieved 2026-07-08)

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