The latest officially reported population of Panama was 4,515,577 in 2024 vs 51,751,065 people in South Korea in 2024. In 2025, based on the adjusted UN estimation, the current Panama's population is 4,614,993 people compared to 51,700,480 in South Korea.
Population statistics:
- South Korea's population is 11.2 times bigger than Panama's.
- Panama is ranked the 128th most populous country in the world, while South Korea is the 31st.
- The countries together account for 0.68% of the world: 0.06% for Panama vs 0.63% for South Korea.
- For the last 10 years, Panama has had an average growth rate of +1.52% per year vs +0.24% in South Korea.
- Since 2005, the population of Panama has increased from 3.31M people to 4.61M (39.3% growth), while South Korea has grown from 48.2M to 51.7M (7.3% growth).
- Panama is projected to reach its peak in 2080 at 6.03M people, while South Korea's population already peaked in 2020 at 51.8M people and is projected to decrease to 21.9M people by 2100.
Panama vs South Korea: live population counter
|
|
|
|
|---|---|---|
| Current population |
4614993
|
51700480
|
| Population rank | 128/197 | 31/197 |
| Percent of world population | 0.06% | 0.63% |
| One net population change |
9.25 minutes
|
13.7 minutes
|
| One birth every |
7.35 minutes
|
2.26 minutes
|
| One death every |
24.7 minutes
|
1.69 minutes
|
| One migration net change every |
1.31 hours
|
6.92 minutes
|
| Annual migration change | +6,706 | +75,963 |
| Daily growth/decline | +156 | +105 |
| Annual growth/decline | +56,818 | +38,446 |
| Annual growth/decline rate | +1.27% | +0.07% |
| Population growth rate rank | 85/197 | 159/197 |
Panama and South Korea: population history and growth rate by year chart
| Year | Population | Growth rate | ||
|---|---|---|---|---|
|
|
|
|
|
|
| 1960 | 1,126,005 | 25,012,374 | - | - |
| 1961 | 1,159,870 | 25,765,673 | 3.01% | 3.01% |
| 1962 | 1,195,301 | 26,513,030 | 3.05% | 2.9% |
| 1963 | 1,232,124 | 27,261,747 | 3.08% | 2.82% |
| 1964 | 1,270,065 | 27,984,155 | 3.08% | 2.65% |
| 1965 | 1,308,835 | 28,704,674 | 3.05% | 2.57% |
| 1966 | 1,348,388 | 29,435,571 | 3.02% | 2.55% |
| 1967 | 1,388,628 | 30,130,983 | 2.98% | 2.36% |
| 1968 | 1,429,447 | 30,838,302 | 2.94% | 2.35% |
| 1969 | 1,470,886 | 31,544,266 | 2.9% | 2.29% |
| 1970 | 1,513,070 | 32,240,827 | 2.87% | 2.21% |
| 1971 | 1,556,081 | 32,882,704 | 2.84% | 1.99% |
| 1972 | 1,599,723 | 33,505,406 | 2.8% | 1.89% |
| 1973 | 1,643,690 | 34,103,149 | 2.75% | 1.78% |
| 1974 | 1,687,926 | 34,692,266 | 2.69% | 1.73% |
| 1975 | 1,732,389 | 35,280,725 | 2.63% | 1.7% |
| 1976 | 1,776,935 | 35,848,523 | 2.57% | 1.61% |
| 1977 | 1,821,543 | 36,411,795 | 2.51% | 1.57% |
| 1978 | 1,866,311 | 36,969,185 | 2.46% | 1.53% |
| 1979 | 1,911,552 | 37,534,236 | 2.42% | 1.53% |
| 1980 | 1,957,534 | 38,123,775 | 2.41% | 1.57% |
| 1981 | 2,004,418 | 38,723,248 | 2.4% | 1.57% |
| 1982 | 2,052,271 | 39,326,352 | 2.39% | 1.56% |
| 1983 | 2,101,106 | 39,910,403 | 2.38% | 1.49% |
| 1984 | 2,150,782 | 40,405,956 | 2.36% | 1.24% |
| 1985 | 2,200,915 | 40,805,744 | 2.33% | 0.99% |
| 1986 | 2,251,325 | 41,213,674 | 2.29% | 1% |
| 1987 | 2,301,970 | 41,621,690 | 2.25% | 0.99% |
| 1988 | 2,352,848 | 42,031,247 | 2.21% | 0.98% |
| 1989 | 2,403,820 | 42,449,038 | 2.17% | 0.99% |
| 1990 | 2,455,583 | 42,869,283 | 2.15% | 0.99% |
| 1991 | 2,508,265 | 43,295,704 | 2.15% | 0.99% |
| 1992 | 2,561,336 | 43,747,962 | 2.12% | 1.04% |
| 1993 | 2,615,099 | 44,194,628 | 2.1% | 1.02% |
| 1994 | 2,669,546 | 44,641,540 | 2.08% | 1.01% |
| 1995 | 2,724,557 | 45,092,991 | 2.06% | 1.01% |
| 1996 | 2,780,227 | 45,524,681 | 2.04% | 0.96% |
| 1997 | 2,836,695 | 45,953,580 | 2.03% | 0.94% |
| 1998 | 2,893,914 | 46,286,503 | 2.02% | 0.72% |
| 1999 | 2,951,822 | 46,616,677 | 2% | 0.71% |
| 2000 | 3,010,369 | 47,008,111 | 1.98% | 0.84% |
| 2001 | 3,069,537 | 47,370,164 | 1.97% | 0.77% |
| 2002 | 3,129,344 | 47,644,736 | 1.95% | 0.58% |
| 2003 | 3,189,807 | 47,892,330 | 1.93% | 0.52% |
| 2004 | 3,251,155 | 48,082,519 | 1.92% | 0.4% |
| 2005 | 3,313,026 | 48,184,561 | 1.9% | 0.21% |
| 2006 | 3,375,024 | 48,438,292 | 1.87% | 0.53% |
| 2007 | 3,437,490 | 48,683,638 | 1.85% | 0.51% |
| 2008 | 3,500,648 | 49,054,708 | 1.84% | 0.76% |
| 2009 | 3,564,381 | 49,307,835 | 1.82% | 0.52% |
| 2010 | 3,628,535 | 49,554,112 | 1.8% | 0.5% |
| 2011 | 3,693,505 | 49,936,638 | 1.79% | 0.77% |
| 2012 | 3,759,256 | 50,199,853 | 1.78% | 0.53% |
| 2013 | 3,825,329 | 50,428,893 | 1.76% | 0.46% |
| 2014 | 3,892,101 | 50,746,659 | 1.75% | 0.63% |
| 2015 | 3,960,035 | 51,014,947 | 1.75% | 0.53% |
| 2016 | 4,029,086 | 51,217,803 | 1.74% | 0.4% |
| 2017 | 4,098,707 | 51,361,911 | 1.73% | 0.28% |
| 2018 | 4,167,860 | 51,585,058 | 1.69% | 0.43% |
| 2019 | 4,234,700 | 51,764,822 | 1.6% | 0.35% |
| 2020 | 4,293,261 | 51,836,239 | 1.38% | 0.14% |
| 2021 | 4,345,405 | 51,769,539 | 1.21% | -0.13% |
| 2022 | 4,400,773 | 51,672,569 | 1.27% | -0.19% |
| 2023 | 4,458,759 | 51,712,619 | 1.32% | 0.08% |
| 2024 | 4,515,577 | 51,751,065 | 1.27% | 0.07% |
| 2025 | 4,571,195 | 51,700,480 | 1.23% | -0.1% |
| 2026 | 4,625,720 | 51,633,793 | 1.19% | -0.13% |
| 2027 | 4,679,241 | 51,552,198 | 1.16% | -0.16% |
| 2028 | 4,731,818 | 51,456,707 | 1.12% | -0.19% |
| 2029 | 4,783,378 | 51,347,230 | 1.09% | -0.21% |
| 2030 | 4,833,856 | 51,221,713 | 1.06% | -0.24% |
| 2031 | 4,883,390 | 51,081,220 | 1.02% | -0.27% |
| 2032 | 4,932,075 | 50,924,233 | 1% | -0.31% |
| 2033 | 4,979,812 | 50,747,132 | 0.97% | -0.35% |
| 2034 | 5,026,494 | 50,549,508 | 0.94% | -0.39% |
| 2035 | 5,072,267 | 50,333,286 | 0.91% | -0.43% |
| 2036 | 5,117,124 | 50,098,951 | 0.88% | -0.47% |
| 2037 | 5,161,085 | 49,845,669 | 0.86% | -0.51% |
| 2038 | 5,204,053 | 49,573,234 | 0.83% | -0.55% |
| 2039 | 5,245,902 | 49,283,770 | 0.8% | -0.58% |
| 2040 | 5,286,595 | 48,980,369 | 0.78% | -0.62% |
| 2041 | 5,326,183 | 48,661,905 | 0.75% | -0.65% |
| 2042 | 5,364,671 | 48,331,004 | 0.72% | -0.68% |
| 2043 | 5,402,037 | 47,990,085 | 0.7% | -0.71% |
| 2044 | 5,438,259 | 47,634,183 | 0.67% | -0.74% |
| 2045 | 5,473,283 | 47,263,526 | 0.64% | -0.78% |
| 2046 | 5,507,148 | 46,881,228 | 0.62% | -0.81% |
| 2047 | 5,539,873 | 46,482,133 | 0.59% | -0.85% |
| 2048 | 5,571,404 | 46,063,595 | 0.57% | -0.9% |
| 2049 | 5,601,670 | 45,626,805 | 0.54% | -0.95% |
| 2050 | 5,630,681 | 45,172,356 | 0.52% | -1% |
From 2005 to 2015, the population of Panama increased by 647,009 people (a 19.5% growth), while South Korea gained 2,830,386 people (a 5.87% growth).
For the next 10 years, from 2015 to 2025, Panama gained 654,958 (a 16.5% growth), while South Korea's population increased by 685,533 (a 1.34% growth).
Panama was ranked 128th most populous country in 2005 and is still 128th in 2025. South Korea was ranked 25th in 2005 and ranked 31st now.
The UN's World Population Prospects forecasts that with changing growth rate trends in 25 years (in 2050) Panama's population will grow by 22% to 5,630,681 people with a rank change from 128th to 124th. The population of South Korea will decrease by 12.6% to 45,172,356 people and rank change from 31st to 48th.
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Population differences between Panama and South Korea
|
|
|
|
|---|---|---|
| Life expectancy | 80 years | 84.5 years |
| Average age | 33.3 years | 44.8 years |
| Median age | 30.9 years | 46.1 years |
| Male:Female ratio | 50:50 | 49.9:50.1 |
| Fertility rate | 2.12 births per woman | 0.72 births per woman |
| Population density | 157.7 ppl/mi² | 1,373 ppl/mi² |
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