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Flag of Panama

Panama.

Capital: Panama City · Latin America · Central America

0stories
Population4.57 million2025 · World Bank
GDP, current US$$83.38 billion2023 · World Bank
GDP per person$18,7012023 · calculated
Area75,417 km²Has a coastline
Inflation (consumer prices)0.7%2024 · World Bank
Latest newsCountry profileIn numbers
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Country profile

Panama at a glance

Official name
Republic of Panama
Capital
Panama City
Population
4.57 million (2025)
GDP, current US$
$83.38 billion (2023)
GDP per person
$18,701 (2023)
Area
75,417 km²
Languages
Spanish
Currency
Panamanian balboa (PAB, B/.), United States dollar (USD, $)
Time
UTC−05:00
Dialling code
+507
Internet domain
.pa
People
Panamanian
Land borders
Colombia, Costa Rica
UN member
Yes
Landlocked
No
Official statistics

Panama in numbers

Data hub

Population

1960–2025 · World Bank (SP.POP.TOTL)

01M2M3M4M5M1960198020002020PanamaPanama 1960: 1.1MPanama 1961: 1.2MPanama 1962: 1.2MPanama 1963: 1.2MPanama 1964: 1.3MPanama 1965: 1.3MPanama 1966: 1.3MPanama 1967: 1.4MPanama 1968: 1.4MPanama 1969: 1.5MPanama 1970: 1.5MPanama 1971: 1.6MPanama 1972: 1.6MPanama 1973: 1.6MPanama 1974: 1.7MPanama 1975: 1.7MPanama 1976: 1.8MPanama 1977: 1.8MPanama 1978: 1.9MPanama 1979: 1.9MPanama 1980: 2MPanama 1981: 2MPanama 1982: 2.1MPanama 1983: 2.1MPanama 1984: 2.2MPanama 1985: 2.2MPanama 1986: 2.3MPanama 1987: 2.3MPanama 1988: 2.4MPanama 1989: 2.4MPanama 1990: 2.5MPanama 1991: 2.5MPanama 1992: 2.6MPanama 1993: 2.6MPanama 1994: 2.7MPanama 1995: 2.7MPanama 1996: 2.8MPanama 1997: 2.8MPanama 1998: 2.9MPanama 1999: 3MPanama 2000: 3MPanama 2001: 3.1MPanama 2002: 3.1MPanama 2003: 3.2MPanama 2004: 3.3MPanama 2005: 3.3MPanama 2006: 3.4MPanama 2007: 3.4MPanama 2008: 3.5MPanama 2009: 3.6MPanama 2010: 3.6MPanama 2011: 3.7MPanama 2012: 3.8MPanama 2013: 3.8MPanama 2014: 3.9MPanama 2015: 4MPanama 2016: 4MPanama 2017: 4.1MPanama 2018: 4.2MPanama 2019: 4.2MPanama 2020: 4.3MPanama 2021: 4.3MPanama 2022: 4.4MPanama 2023: 4.5MPanama 2024: 4.5MPanama 2025: 4.6M02M4M6M1960198020002020PanamaPanama 1960: 1.1MPanama 1961: 1.2MPanama 1962: 1.2MPanama 1963: 1.2MPanama 1964: 1.3MPanama 1965: 1.3MPanama 1966: 1.3MPanama 1967: 1.4MPanama 1968: 1.4MPanama 1969: 1.5MPanama 1970: 1.5MPanama 1971: 1.6MPanama 1972: 1.6MPanama 1973: 1.6MPanama 1974: 1.7MPanama 1975: 1.7MPanama 1976: 1.8MPanama 1977: 1.8MPanama 1978: 1.9MPanama 1979: 1.9MPanama 1980: 2MPanama 1981: 2MPanama 1982: 2.1MPanama 1983: 2.1MPanama 1984: 2.2MPanama 1985: 2.2MPanama 1986: 2.3MPanama 1987: 2.3MPanama 1988: 2.4MPanama 1989: 2.4MPanama 1990: 2.5MPanama 1991: 2.5MPanama 1992: 2.6MPanama 1993: 2.6MPanama 1994: 2.7MPanama 1995: 2.7MPanama 1996: 2.8MPanama 1997: 2.8MPanama 1998: 2.9MPanama 1999: 3MPanama 2000: 3MPanama 2001: 3.1MPanama 2002: 3.1MPanama 2003: 3.2MPanama 2004: 3.3MPanama 2005: 3.3MPanama 2006: 3.4MPanama 2007: 3.4MPanama 2008: 3.5MPanama 2009: 3.6MPanama 2010: 3.6MPanama 2011: 3.7MPanama 2012: 3.8MPanama 2013: 3.8MPanama 2014: 3.9MPanama 2015: 4MPanama 2016: 4MPanama 2017: 4.1MPanama 2018: 4.2MPanama 2019: 4.2MPanama 2020: 4.3MPanama 2021: 4.3MPanama 2022: 4.4MPanama 2023: 4.5MPanama 2024: 4.5MPanama 2025: 4.6M

GDP, current US$

1960–2023 · World Bank (NY.GDP.MKTP.CD)

$0$20B$40B$60B$80B$100B1960198020002020PanamaPanama 1960: $537.1MPanama 1961: $599MPanama 1962: $652.1MPanama 1963: $722.8MPanama 1964: $776.1MPanama 1965: $852.5MPanama 1966: $928.8MPanama 1967: $1BPanama 1968: $1.1BPanama 1969: $1.2BPanama 1970: $1.4BPanama 1971: $1.5BPanama 1972: $1.7BPanama 1973: $1.9BPanama 1974: $2.2BPanama 1975: $2.4BPanama 1976: $2.6BPanama 1977: $2.7BPanama 1978: $3.2BPanama 1979: $3.7BPanama 1980: $4.6BPanama 1981: $5.2BPanama 1982: $5.8BPanama 1983: $5.9BPanama 1984: $6.2BPanama 1985: $6.5BPanama 1986: $6.8BPanama 1987: $6.8BPanama 1988: $5.9BPanama 1989: $5.9BPanama 1990: $6.4BPanama 1991: $7.1BPanama 1992: $8BPanama 1993: $8.8BPanama 1994: $9.4BPanama 1995: $9.6BPanama 1996: $9.9BPanama 1997: $10.7BPanama 1998: $11.6BPanama 1999: $12.1BPanama 2000: $12.3BPanama 2001: $12.5BPanama 2002: $13BPanama 2003: $13.7BPanama 2004: $15BPanama 2005: $16.4BPanama 2006: $18.1BPanama 2007: $21.3BPanama 2008: $25.2BPanama 2009: $27.1BPanama 2010: $29.4BPanama 2011: $34.7BPanama 2012: $40.4BPanama 2013: $45.6BPanama 2014: $49.9BPanama 2015: $54.1BPanama 2016: $57.9BPanama 2017: $62.2BPanama 2018: $67.3BPanama 2019: $69.7BPanama 2020: $57.1BPanama 2021: $67.4BPanama 2022: $76.5BPanama 2023: $83.4B$0$20B$40B$60B$80B$100B1960198020002020PanamaPanama 1960: $537.1MPanama 1961: $599MPanama 1962: $652.1MPanama 1963: $722.8MPanama 1964: $776.1MPanama 1965: $852.5MPanama 1966: $928.8MPanama 1967: $1BPanama 1968: $1.1BPanama 1969: $1.2BPanama 1970: $1.4BPanama 1971: $1.5BPanama 1972: $1.7BPanama 1973: $1.9BPanama 1974: $2.2BPanama 1975: $2.4BPanama 1976: $2.6BPanama 1977: $2.7BPanama 1978: $3.2BPanama 1979: $3.7BPanama 1980: $4.6BPanama 1981: $5.2BPanama 1982: $5.8BPanama 1983: $5.9BPanama 1984: $6.2BPanama 1985: $6.5BPanama 1986: $6.8BPanama 1987: $6.8BPanama 1988: $5.9BPanama 1989: $5.9BPanama 1990: $6.4BPanama 1991: $7.1BPanama 1992: $8BPanama 1993: $8.8BPanama 1994: $9.4BPanama 1995: $9.6BPanama 1996: $9.9BPanama 1997: $10.7BPanama 1998: $11.6BPanama 1999: $12.1BPanama 2000: $12.3BPanama 2001: $12.5BPanama 2002: $13BPanama 2003: $13.7BPanama 2004: $15BPanama 2005: $16.4BPanama 2006: $18.1BPanama 2007: $21.3BPanama 2008: $25.2BPanama 2009: $27.1BPanama 2010: $29.4BPanama 2011: $34.7BPanama 2012: $40.4BPanama 2013: $45.6BPanama 2014: $49.9BPanama 2015: $54.1BPanama 2016: $57.9BPanama 2017: $62.2BPanama 2018: $67.3BPanama 2019: $69.7BPanama 2020: $57.1BPanama 2021: $67.4BPanama 2022: $76.5BPanama 2023: $83.4B

Inflation (consumer prices)

1980–2024 · World Bank (FP.CPI.TOTL.ZG)

-5%0%5%10%15%19801990200020102020PanamaPanama 1980: 13.8%Panama 1981: 7.3%Panama 1982: 4.25%Panama 1983: 2.1%Panama 1984: 1.58%Panama 1985: 1.03%Panama 1986: -0.07%Panama 1987: 1%Panama 1988: 0.36%Panama 1989: 0.21%Panama 1990: 0.77%Panama 1991: 1.26%Panama 1992: 1.82%Panama 1993: 0.45%Panama 1994: 1.27%Panama 1995: 0.99%Panama 1996: 1.26%Panama 1997: 1.32%Panama 1998: 0.56%Panama 1999: 1.25%Panama 2000: 1.5%Panama 2001: 0.31%Panama 2002: 1.01%Panama 2003: 0.39%Panama 2004: 0.47%Panama 2005: 2.86%Panama 2006: 2.46%Panama 2007: 4.17%Panama 2008: 8.76%Panama 2009: 2.41%Panama 2010: 3.49%Panama 2011: 5.88%Panama 2012: 5.7%Panama 2013: 4.03%Panama 2014: 2.63%Panama 2015: 0.14%Panama 2016: 0.74%Panama 2017: 0.88%Panama 2018: 0.76%Panama 2019: -0.36%Panama 2020: -1.55%Panama 2021: 1.63%Panama 2022: 2.86%Panama 2023: 1.49%Panama 2024: 0.69%-5%0%5%10%15%198020002020PanamaPanama 1980: 13.8%Panama 1981: 7.3%Panama 1982: 4.25%Panama 1983: 2.1%Panama 1984: 1.58%Panama 1985: 1.03%Panama 1986: -0.07%Panama 1987: 1%Panama 1988: 0.36%Panama 1989: 0.21%Panama 1990: 0.77%Panama 1991: 1.26%Panama 1992: 1.82%Panama 1993: 0.45%Panama 1994: 1.27%Panama 1995: 0.99%Panama 1996: 1.26%Panama 1997: 1.32%Panama 1998: 0.56%Panama 1999: 1.25%Panama 2000: 1.5%Panama 2001: 0.31%Panama 2002: 1.01%Panama 2003: 0.39%Panama 2004: 0.47%Panama 2005: 2.86%Panama 2006: 2.46%Panama 2007: 4.17%Panama 2008: 8.76%Panama 2009: 2.41%Panama 2010: 3.49%Panama 2011: 5.88%Panama 2012: 5.7%Panama 2013: 4.03%Panama 2014: 2.63%Panama 2015: 0.14%Panama 2016: 0.74%Panama 2017: 0.88%Panama 2018: 0.76%Panama 2019: -0.36%Panama 2020: -1.55%Panama 2021: 1.63%Panama 2022: 2.86%Panama 2023: 1.49%Panama 2024: 0.69%

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