Panama Population

1950 - 2024 | Yearly | Person mn | CEIC Data

Key information about Panama population

  • The Panama population reached 4.5 million people in Jun 2024, compared with the previously reported figure of 4.5 million people in Jun 2023
  • The data reached an all-time high of 4.5 million people in Jun 2024 and a record low of 0.9 million people in Jun 1950

The National Institute of Statistics and Census provides mid-year Population. Population is in annual frequency, ending in June of each year.


Further information about Panama population data

  • In the latest reports, Panama Unemployment Rate dropped to 7.4 % in Aug 2023
  • Monthly earnings of the Panama population was 1,280.9 USD in Aug 2022
  • Panama Labour Force Participation Rate increased to 62.4 % in Aug 2023

View Panama's Population from 1950 to 2024 in the chart:

Panama Population

What was Panama's Population in 2024?

The Panama population reached 4.5 million people in Jun 2024, compared with the previously reported figure of 4.5 million people in Jun 2023 See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.5 2024 4.5 2023 0.9 1950 4.5 2024 Person mn yearly 1950 - 2024

Population by Country Comparison

country/region Last Frequency Range
Albania (Person mn) 2.8 2020 yearly 1989 - 2020
Algeria (Person mn) 43.4 2019 yearly 1950 - 2019
Argentina (Person mn) 46.7 2023 yearly 1950 - 2023
Armenia (Person mn) 3.0 2023 yearly 1989 - 2023
Australia (Person mn) 27.0 2023 yearly 1950 - 2023
Austria (Person mn) 9.2 2023 yearly 1950 - 2023
Azerbaijan (Person mn) 10.2 2023 yearly 1925 - 2023
Bahrain (Person mn) 1.6 2024 yearly 1950 - 2024
Bangladesh (Person mn) 169.3 2021 yearly 1990 - 2021
Belarus (Person mn) 9.2 2023 yearly 1949 - 2023
Belgium (Person mn) 11.8 2023 yearly 1953 - 2023
Bolivia (Person mn) 11.7 2020 yearly 1950 - 2020
Bosnia and Herzegovina (Person mn) 3.4 2022 yearly 1996 - 2022
Botswana (Person mn) 2.4 2020 yearly 1950 - 2020
Brazil (Person mn) 212.6 2024 yearly 1950 - 2024
Brunei (Person mn) 0.5 2023 yearly 1950 - 2023
Bulgaria (Person mn) 6.4 2023 yearly 1880 - 2023
Cambodia (Person mn) 16.6 2021 yearly 1950 - 2021
Canada (Person mn) 41.3 2024 yearly 1950 - 2024
Chile (Person mn) 20.0 2023 yearly 1950 - 2023
China (Person mn) 1,409.7 2023 yearly 1949 - 2023
Colombia (Person mn) 52.2 2023 yearly 1950 - 2023
Croatia (Person mn) 3.9 2021 yearly 1960 - 2021
Cyprus (Person mn) 0.9 2022 yearly 1974 - 2022
Czech Republic (Person mn) 10.9 2023 yearly 1950 - 2023
Denmark (Person mn) 5.8 2020 yearly 1900 - 2020
Ecuador (Person mn) 18.0 2024 yearly 1950 - 2024
Egypt (Person mn) 106.6 2024 yearly 1980 - 2024
Estonia (Person mn) 1.4 2023 yearly 1999 - 2023
European Union (Person mn) 448.8 2022 yearly 1959 - 2022
Finland (Person mn) 5.6 2023 yearly 1749 - 2023
France (Person mn) 68.0 2022 yearly 1949 - 2022
Georgia (Person mn) 3.7 2023 yearly 1950 - 2023
Germany (Person mn) 84.7 2023 yearly 1950 - 2023
Ghana (Person mn) 31.1 2020 yearly 1950 - 2020
Greece (Person mn) 10.4 2022 yearly 1950 - 2022
Hong Kong SAR, China (Person mn) 7.5 2023 yearly 1961 - 2023
Hungary (Person mn) 9.6 2024 yearly 1948 - 2024
Iceland (Person mn) 0.4 2023 yearly 1732 - 2023
India (Person mn) 1,395.0 2024 yearly 1951 - 2024
Indonesia (Person mn) 274.9 2022 yearly 1950 - 2022
Iran (Person mn) 84.0 2021 yearly 1950 - 2021
Ireland (Person mn) 5.4 2024 yearly 1900 - 2024
Israel (Person mn) 9.9 2023 yearly 1949 - 2023
Italy (Person mn) 59.0 2023 yearly 1911 - 2023
Ivory Coast (Person mn) 30.2 2022 yearly 1950 - 2022
Japan (Person mn) 124.3 2023 yearly 1899 - 2023
Jordan (Person mn) 11.5 2023 yearly 1950 - 2023
Kazakhstan (Person mn) 20.0 2023 yearly 1960 - 2023
Kenya (Person mn) 49.4 2021 yearly 1950 - 2021
South Korea (Person mn) 51.7 2023 yearly 1956 - 2023
Kosovo (Person mn) 1.8 2022 yearly 2002 - 2022
Kuwait (Person mn) 4.9 2023 yearly 1990 - 2023
Kyrgyzstan (Person mn) 7.2 2023 yearly 1950 - 2023
Laos (Person mn) 7.4 2022 yearly 1950 - 2022
Latvia (Person mn) 1.9 2023 yearly 1960 - 2023
Lebanon (Person mn) 6.8 2020 yearly 1950 - 2020
Lithuania (Person mn) 2.9 2023 yearly 1960 - 2023
Luxembourg (Person mn) 0.7 2023 yearly 1960 - 2023
Macau SAR, China (Person mn) 0.7 2023 yearly 1950 - 2023
North Macedonia (Person mn) 1.8 2023 yearly 1950 - 2023
Malawi (Person mn) 19.1 2020 yearly 1950 - 2020
Malaysia (Person mn) 34.1 2024 yearly 1947 - 2024
Malta (Person mn) 0.5 2022 yearly 1950 - 2022
Mauritius (Person mn) 1.3 2023 yearly 1950 - 2023
Mexico (Person mn) 130.6 2023 yearly 1950 - 2023
Moldova (Person mn) 2.4 2023 yearly 2013 - 2023
Mongolia (Person mn) 3.5 2023 yearly 1935 - 2023
Montenegro (Person mn) 0.6 2022 yearly 1921 - 2022
Morocco (Person mn) 36.7 2022 yearly 1960 - 2022
Mozambique (Person mn) 31.6 2022 yearly 1950 - 2022
Myanmar (Person mn) 54.4 2020 yearly 1950 - 2020
Nepal (Person mn) 29.7 2024 yearly 1950 - 2024
Netherlands (Person mn) 17.3 2018 yearly 1899 - 2018
New Zealand (Person mn) 5.3 2023 yearly 1950 - 2023
Nigeria (Person mn) 211.5 2021 yearly 1950 - 2021
Norway (Person mn) 5.4 2019 yearly 1845 - 2019
Oman (Person mn) 4.5 2020 yearly 1977 - 2020
Pakistan (Person mn) 241.5 2023 yearly 1950 - 2023
Palestinian Territory (Person mn) 5.9 2026 yearly 1950 - 2026
Panama (Person mn) 4.5 2024 yearly 1950 - 2024
Paraguay (Person mn) 7.6 2023 yearly 1950 - 2023
Peru (Person mn) 32.8 2020 yearly 1950 - 2020
Philippines (Person mn) 109.0 2020 yearly 1950 - 2020
Poland (Person mn) 37.6 2023 yearly 1946 - 2023
Portugal (Person mn) 10.6 2023 yearly 1960 - 2023
Qatar (Person mn) 2.8 2020 yearly 1984 - 2020
Romania (Person mn) 19.1 2023 yearly 1930 - 2023
Russia (Person mn) 146.2 2023 yearly 1949 - 2023
Saudi Arabia (Person mn) 32.2 2022 yearly 1950 - 2022
Serbia (Person mn) 6.6 2023 yearly 1991 - 2023
Singapore (Person mn) 6.0 2024 yearly 1950 - 2024
Slovakia (Person mn) 5.5 2020 yearly 1945 - 2020
Slovenia (Person mn) 2.1 2023 yearly 1920 - 2023
South Africa (Person mn) 60.6 2022 yearly 1960 - 2022
Spain (Person mn) 47.5 2021 yearly 1950 - 2021
Sri Lanka (Person mn) 21.9 2024 yearly 1948 - 2024
Sudan (Person mn) 37.3 2014 yearly 1970 - 2014
Sweden (Person mn) 10.4 2020 yearly 1749 - 2020
Switzerland (Person mn) 9.0 2023 yearly 1950 - 2023

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Panama Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.0 2023 yearly 2003 - 2023
Consolidated Fiscal Balance (USD mn) -2,462.500 2023 yearly 2003 - 2023
Tax Revenue (USD mn) 376.798 Oct 2024 monthly Jan 1995 - Oct 2024
Tax Revenue: % of GDP (%) 5.5 Sep 2024 quarterly Mar 2007 - Sep 2024
National Government Debt (USD mn) 53,809.6 Oct 2024 monthly Jul 2004 - Oct 2024
Government Debt: % of GDP (%) 61.6 Sep 2024 quarterly Dec 2007 - Sep 2024
Forecast: Government Expenditure (PAB bn) 23.007 2029 yearly 1994 - 2029
Forecast: Government Net Debt (PAB bn) 59.883 2029 yearly 1994 - 2029
Forecast: Government Revenue (PAB bn) 21.105 2029 yearly 1994 - 2029
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 150,376.752 Oct 2024 monthly Jan 1995 - Oct 2024
Central Government Revenue: Current Revenue: Tax (PAB th) 376,797.799 Oct 2024 monthly Jan 1995 - Oct 2024
Central Government Revenue: Current Revenue (PAB th) 509,360.329 Oct 2024 monthly Jan 1995 - Oct 2024
Public Debt: Domestic (USD mn) 9,723.943 Oct 2024 monthly Jul 2004 - Oct 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -1,259.9 Oct 2024 monthly Jan 1964 - Oct 2024
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -71.9 Oct 2024 monthly Jan 2001 - Oct 2024
Aluminum: Exports (USD th) 6,067.531 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 329,464.345 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 10,079.101 2023 yearly 1995 - 2023
Total Imports (USD mn) 1,349.5 Oct 2024 monthly Jan 2000 - Oct 2024
Total Imports Growth (%) 8.2 Oct 2024 monthly Jan 2001 - Oct 2024
Imports: Medicament (USD th) 1,071,085.390 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 333,744.579 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 15.472 Aug 2024 monthly Jan 1970 - Aug 2024
Total Imports from USA (USD mn) 212.491 Aug 2024 monthly Jan 1967 - Aug 2024
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 233.776 Aug 2024 monthly Mar 1989 - Aug 2024
Exports: FOB: America: NAFTA: Mexico (PAB th) 30,335.000 2021 yearly 1999 - 2021
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Export Value Index (2015=100) 115.979 2021 yearly 1981 - 2021
Import Value Index (2015=100) 91.522 2021 yearly 1981 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 94.7 Jun 2024 quarterly Mar 2013 - Jun 2024
Current Account Balance (USD mn) 434.7 Jun 2024 quarterly Mar 1998 - Jun 2024
Current Account Balance: % of GDP (%) 2.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Direct Investment (USD mn) 731.9 Jun 2024 quarterly Mar 1998 - Jun 2024
Foreign Direct Investment: % of GDP (%) 3.8 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 0.2 Jun 2024 quarterly Mar 2007 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2024 quarterly Mar 2013 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
External Debt (USD mn) 44,085.7 Oct 2024 monthly Jul 2004 - Oct 2024
External Debt: % of GDP (%) 167.4 2021 yearly 2014 - 2021
External Debt: Short Term (USD mn) 39,768.7 Dec 2021 quarterly Sep 2014 - Dec 2021
External Debt: Short Term: % of GDP (%) 59.0 2021 yearly 1970 - 2021
Forecast: Current Account Balance (USD bn) -2.904 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -74,373.797 Jun 2024 quarterly Mar 2002 - Jun 2024
BoP: Net Errors and Omissions (PAB mn) -1,074.780 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Debit (PAB mn) -6,501.463 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Credit (PAB mn) 4,997.525 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income (PAB mn) -699.429 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods (PAB mn) -2,641.439 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Goods: Credit (PAB mn) 3,860.024 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Debit (PAB mn) -1,740.348 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Credit (PAB mn) 2.490 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services (PAB mn) 3,793.233 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financing: Reserve Assets (PAB mn) 2,511.505 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Services: Debit (PAB mn) -1,204.292 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: CA: Income: Credit (PAB mn) 1,040.920 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Liabilities (PAB mn) 46.336 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Direct Investment (PAB mn) 637.235 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: Financial Account (FA) (PAB mn) -1,712.281 Jun 2024 quarterly Mar 2013 - Jun 2024
Balance of Payment (BoP): Current Account (CA) (PAB mn) 434.679 Jun 2024 quarterly Mar 2013 - Jun 2024
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,071.876 Jun 2024 quarterly Mar 2013 - Jun 2024
International Investment Position (IIP) (USD mn) -74,373.797 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Liabilities (USD mn) 178,485.854 Jun 2024 quarterly Mar 2015 - Jun 2024
IIP: Assets (USD mn) 104,112.057 Jun 2024 quarterly Mar 2015 - Jun 2024
Foreign Direct Investment (FDI) (PAB mn) 731.906 Jun 2024 quarterly Mar 2013 - Jun 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.6 Oct 2024 monthly Dec 2008 - Oct 2024
Household Debt: % of GDP (%) 38.3 Sep 2024 quarterly Dec 2007 - Sep 2024
Non-Performing Loans (USD mn) 1,559.690 Oct 2024 monthly Dec 2008 - Oct 2024
Money Supply M1 (USD mn) 8,749.080 Jul 2024 monthly Dec 2002 - Jul 2024
Money Supply M2 (USD mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024
M2 Growth (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Foreign Exchange Reserves (USD mn) 5,684.4 Oct 2024 monthly Oct 1969 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.697 Sep 2024 quarterly Dec 2007 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 4.2 Oct 2024 monthly Jan 2000 - Oct 2024
Gold Reserves (USD mn) 0.000 Mar 2024 monthly Sep 1969 - Mar 2024
Total Deposits (USD mn) 107,351.873 Sep 2024 monthly Dec 1998 - Sep 2024
Total Deposits Growth (%) 6.8 Sep 2024 monthly Dec 1999 - Sep 2024
Domestic Credit (USD mn) 64,079.3 Oct 2024 monthly Dec 2001 - Oct 2024
Domestic Credit Growth (%) 5.8 Oct 2024 monthly Dec 2002 - Oct 2024
Household Debt (USD mn) 32,710.8 Oct 2024 monthly Oct 2005 - Oct 2024
Total Loans (USD mn) 96,404.929 Sep 2024 monthly Dec 1998 - Sep 2024
Total Loans Growth (%) 8.77 Sep 2024 monthly Dec 1999 - Sep 2024
Private Debt: % of Nominal GDP (%) 69.77 Sep 2024 quarterly Dec 2007 - Sep 2024
Money Supply: M3 (PAB mn) 41,290.250 Jul 2024 monthly Dec 2002 - Jul 2024

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