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Population Review

Rank #147 by World Population

🇵🇦Panama

Panama has a population of 4,458,759, ranking #147 in the world. The capital is Panama City. Located in Latin America & Caribbean .

World Bank: High income

4,458,759

Population

#147

World Rank

79.6

Life Expectancy

$18,797

GDP Per Capita

Panama, #147 by world population


Panama Population History (1960-2024)

The country of Panama had a population of 1,126,005 in 1960 and 4,515,577 in 2024, a 4.0× growth over 64 years. The peak was 4,515,577 in 2024. Average annual growth rate: 2.20%.

2024 · 4.5M19602024

4,515,577

Population (2024)

1,126,005

Population (1960)

4,515,577

Peak (2024)

2.20%

Avg Annual Growth

YearPopulation
19601,126,005
19611,159,870
19621,195,301
19631,232,124
19641,270,065
19651,308,835
19661,348,388
19671,388,628
19681,429,447
19691,470,886
19701,513,070
19711,556,081
19721,599,723
19731,643,690
19741,687,926
19751,732,389
19761,776,935
19771,821,543
19781,866,311
19791,911,552
19801,957,534
19812,004,418
19822,052,271
19832,101,106
19842,150,782
19852,200,915
19862,251,325
19872,301,970
19882,352,848
19892,403,820
19902,455,583
19912,508,265
19922,561,336
19932,615,099
19942,669,546
19952,724,557
19962,780,227
19972,836,695
19982,893,914
19992,951,822
20003,010,369
20013,069,537
20023,129,344
20033,189,807
20043,251,155
20053,313,026
20063,375,024
20073,437,490
20083,500,648
20093,564,381
20103,628,535
20113,693,505
20123,759,256
20133,825,329
20143,892,101
20153,960,035
20164,029,086
20174,098,707
20184,167,860
20194,234,700
20204,293,261
20214,345,405
20224,400,773
20234,458,759
20244,515,577

Demographics

Population4,458,759
Population Growth Rate1.31%
Urban Population65.9%
Fertility Rate2.12 births/woman
Life Expectancy79.6 years
Infant Mortality Rate11.9 per 1,000
Literacy Rate96.1%

Economy & Trade

$18,797

GDP Per Capita

6.5%

Unemployment Rate

High income

Income Level

48.9

Gini Index (inequality)

88.3%

Trade (% of GDP)

647,000

Tourism Arrivals

Health & Education

8.3%

Health Expenditure (% GDP)

1.63

Physicians per 1,000

2.5%

Education Expenditure (% GDP)

96.1%

Literacy Rate

11.9

Infant Mortality (per 1,000)

Development & Connectivity

97.0%

Electricity Access

67.3%

Internet Users

148

Mobile Subs per 100

60.1

People per km2

7,262

Net Migration

Environment

56.3%

Forest Area


Other Countries in Latin America & Caribbean

Panama in global context

Panama is one of 212 countries tracked. See how it ranks globally, regional shares of world population, and projections to 2050 / 2100.

World Population 2026: Top 10 Countries, Regions & Trends →

Other related entities

Country rankings

Frequently Asked Questions

Panama has a population of 4,458,759, ranking #147 in the world. The annual population growth rate is 1.31%.

Life expectancy in Panama is 79.6 years. The infant mortality rate is 11.9 per 1,000 live births.

Panama's GDP per capita is $18,797. It is classified as a high income country by the World Bank.

65.9% of Panama's population lives in urban areas. The overall population density is 60.1 people per square kilometer.

The adult literacy rate in Panama is 96.1%. The country spends 2.5% of GDP on education.

International data from the World Bank Open Data API. Population figures are latest available estimates. GDP per capita in current US dollars.

The this entity record above pulls directly from the U.S. Census Bureau ACS and decennial files. What follows is the per-entity context — how this entity sits in the broader U.S. population demographics distribution and which underlying factors drive the headline numbers.

The methodology behind every numeric value on this page is publicly documented on the the U.S. Census Bureau ACS and decennial files portal and described in detail on this site’s methodology page. Refresh cadence varies by underlying series; the page surfaces the as-of date for each number so readers can trace any figure back to the source release.

Practical use of this page is in combination with the comparison and ranking pages elsewhere on the site, which surface the same data for this entity’s peers within U.S. states, metros, cities, and ZIPs. A single-entity reading without peer context can be misleading when an entity is an outlier on one axis but typical on another.

Source: U.S. Census Bureau ACS, 2026.