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:
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) | 47.1 2024 | yearly | 1950 - 2024 |
| 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) | 1,408.0 2025 | yearly | 1951 - 2025 |
| 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) | 123.7 2024 | yearly | 1899 - 2024 |
| Jordan (Person mn) | 11.5 2023 | yearly | 1950 - 2023 |
| Kazakhstan (Person mn) | 20.0 2023 | yearly | 1960 - 2023 |
| Kenya (Person mn) | 51.5 2023 | yearly | 1950 - 2023 |
| 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) | 7.5 2023 | yearly | 1950 - 2023 |
| 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) | 131.7 2024 | yearly | 1950 - 2024 |
| 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) | 7.7 2024 | yearly | 1950 - 2024 |
| 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) | 48.1 2023 | yearly | 1950 - 2023 |
| 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 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doPanama 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) | 53,873.6 Nov 2024 | monthly | Jul 2004 - Nov 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 (PAB th) | 376,797.799 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| 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 (PAB th) | 509,360.329 Oct 2024 | monthly | Jan 1995 - Oct 2024 |
| Public Debt: Domestic (USD mn) | 9,827.461 Nov 2024 | monthly | Jul 2004 - Nov 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) | 33.249 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Total Imports from USA (USD mn) | 204.656 Sep 2024 | monthly | Jan 1967 - Sep 2024 |
| Total Exports to China (USD mn) | 1,072.958 2021 | yearly | 1999 - 2021 |
| Total Imports from China (USD mn) | 225.157 Sep 2024 | monthly | Mar 1989 - Sep 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 |
| Import Value Index (2015=100) | 91.522 2021 | yearly | 1981 - 2021 |
| Export Value Index (2015=100) | 115.979 2021 | yearly | 1981 - 2021 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 52.0 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Current Account Balance (USD mn) | 824.1 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Current Account Balance: % of GDP (%) | 3.9 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Direct Investment (USD mn) | 726.8 Sep 2024 | quarterly | Mar 1998 - Sep 2024 |
| Foreign Direct Investment: % of GDP (%) | 3.5 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Portfolio Investment (USD mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -1.7 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | 0.0 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| External Debt (USD mn) | 44,046.2 Nov 2024 | monthly | Jul 2004 - Nov 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) | -78,418.321 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| BoP: Net Errors and Omissions (PAB mn) | -2,237.755 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods (PAB mn) | -1,502.437 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods: Debit (PAB mn) | -5,833.509 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services: Debit (PAB mn) | -1,348.937 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income: Debit (PAB mn) | -2,297.497 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Direct Investment (PAB mn) | 674.772 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services (PAB mn) | 3,683.629 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income: Credit (PAB mn) | 1,000.008 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Credit (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Financing: Reserve Assets (PAB mn) | -5.330 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account: Debit (PAB mn) | 0.000 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Balance of Payment (BoP): Current Account (CA) (PAB mn) | 824.140 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Income (PAB mn) | -1,297.490 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Capital Account (PAB mn) | 2.333 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: Financial Account (FA) (PAB mn) | 1,446.866 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Services: Credit (PAB mn) | 5,032.566 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Portfolio Investment: Liabilities (PAB mn) | -361.598 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: CA: Goods: Credit (PAB mn) | 4,331.072 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| BoP: FA: Portfolio Investment: Assets (PAB mn) | 924.830 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| IIP: Assets (USD mn) | 103,227.647 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| IIP: Liabilities (USD mn) | 181,645.968 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| International Investment Position (IIP) (USD mn) | -78,418.321 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
| Foreign Direct Investment (FDI) (PAB mn) | 726.814 Sep 2024 | quarterly | Mar 2013 - Sep 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) | 8,471.220 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| Money Supply M2 (USD mn) | 41,589.720 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| M2 Growth (%) | 9.8 Sep 2024 | monthly | Dec 2003 - Sep 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) | 64,183.2 Nov 2024 | monthly | Dec 2001 - Nov 2024 |
| Domestic Credit Growth (%) | 5.3 Nov 2024 | monthly | Dec 2002 - Nov 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) | 41,589.720 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
| LC: National Banking System: Private Sector: Mortgage (PAB mn) | 21,071.440 Nov 2024 | monthly | Dec 2002 - Nov 2024 |
More Indicators for Panama
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.