National Identity

Official name
Republic of Panama
Coat of arms
National flag
National flag of Panama
National anthem
Himno Istemño
1:50
Citizens
Panamanians

Geography

Location
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Explore all maps
Total area
Land borders
687 km(2 countries)
Coastline
2,490 km
Terrain
Interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills
Mean elevation
360 m
Highest point
3,475 mVolcan Baru
Lowest point
0 mPacific Ocean
Climate
Tropical maritimehot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Weather
Loading
Land use2023
Arable7.6%Perm. crops1.6%Pasture20.3%Forest62.3%Other8.2%
Major lakes
Laguna de Chiriqui900 km²
Natural hazards2026
Tsunamis8.6Very high#9/191
Earthquakes7.8Very high#32/191
Epidemics6.1High#53/191
Coastal floods5.9High#42/191

Demographics

Population change2026
+1.19% per year+54,529 people/year
World Rank85thof 237
2026
30.6 years
World Rank131stof 237
Age structure2026
0-14 years24.1%15-64 years65.9%65 years +10.0%
2026
2.07 births per woman
replacement 2.1
0123
World Rank105thof 237
0.03 below the replacement level for Panama ()
0.99 daughters per woman
replacement 1.0
00.511.5
0.01 below replacement, long-run each generation smaller than the last
2026
+10.5 per 1,000 populationfor every 1,000 people, 10.5 more births than deaths a year
2026
+1.2 per 1,000 population
Urbanization2026
66.3% live in cities3,068,402 urban residents
Largest urban places2023
Panama City, La Chorrera, Colón, Vista Alegre
Population distribution
Population is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabited.
Ethnic groups2010
Mestizo65.0%Indigenous12.3%Black or African descent9.2%Mulatto6.8%White6.7%
Religions2023
Evangelical55.0%Roman Catholic33.4%None10.1%Unspecified1.5%
Languages
Spanish (Español)

Government & Administration

Form of state
Republic
System of government
Presidential
Territorial organisation
Unitary
Official websites
Capital
Panama City1.1 million people(2023)
National holidays
13 days in 2026
Time
ESTEastern Standard TimeUTC−5
Currencies
Panamanian Balboa (PAB)US Dollar (USD)
Entry requirements
Official visa and entry information (in Spanish)
Calling code
+507
Internet TLD
.pa
ISO 3166-1 codes
PA, PAN
Infrastructure
Railways77 km
Flag carrier
Copa AirlinesPrivately owned (Copa Holdings)
2025
33 / 100
World Rank116thof 182

Economy

High income
GDP growth (real)2026
+5% per year
World Rank34thof 195
GDP per capita (PPP)2026
2025
Services70% of GDP
Industry24.9% of GDP
Agriculture2.6% of GDP
Manufacturing4.8%part of industry
Inflation2026
1.8%up 2 percentage points2pp from 2025
Labor force2024
2.2 million (50% of population)
World Rank124thof 187
Labor force participation2024
66.3% of people aged 15+
Unemployment2024
8.5%
Youth unemployment2024
19.7% ages 15 to 24
Labor productivity2024
$42.6 per hour worked at PPP
Budget balance2026
3.4% of GDP deficit
Debt2024
Government debt56.6% of GDP
Interest on debt2.9% of GDP
Trade2025
2024
+0.36
World Rank60thof 145
Agricultural products2024
Plantains and cooking bananas, Pineapples, Bananas, and 7 more
Industries
  • construction, brewing, cement and other construction materials, sugar milling

Cost of Living

Cost of living index
Loading
Monthly costs (excluding rent)
Loading
Rent
Loading
Buying an apartment
Loading
Average gross salary2025
PAB 929 per month$929 (USD), $1,869 (PPP)
2024
PAB 482 per month, gross$482 (USD), $943 (PPP)

Society

2023
0.839Very high
World Rank59thof 193
2024
49.7
Mean years of schooling2023
10.8 years
Literacy2024
96.2% of adults
Education expenditure2023
2.5% of GDP
Internet users2023
68.5% of the population
Mobile subscriptions2023
7 million
Credit-card ownership2024
13% of adults
Refugees hosted2025
2,658 people
Inbound tourists2022
1.5 million arrivalsdown 15% against 201915% below 2019
World Rank75thof 139
Official tourism site
UNESCO World Heritage Sites
6 sites3 cultural3 natural

Crime & Safety

Travel advisory (US)
Loading
Active humanitarian crisisAug 2026
Low3.9 out of 10International displacement
Homicide rate2024
12.8 per 100,000 people
World Rank18thof 115
High by global standards
Crime rates
7 offence categories
Prison population2023
536.7 per 100,000 people

Health

Health expenditure2023
8.3% of GDP$1,558 per person
Physicians2022
1.63 per 1,000 population
Hospital beds2023
2 per 1,000 population
Infant mortality2026
9.7 per 1,000 live births
Maternal mortality2023
37 per 100,000 live births
Alcohol consumption2022
6.3 litres of pure alcohol per adult per year
Tobacco use2015latest available
7.1% of adults
Alcohol and Tobacco Spending2023
1.6% of household spending
World Rank81stof 105
Road traffic deaths2019
13.9 per 100,000 population

Environment

CO₂ emissions2024
12.4 Mt per yeardown 2.9 percent on the previous year2.9% from 2023
2024
11 µg/m³ of PM2.50.6 years of life expectancy lost against the WHO guideline
Most polluted127thof 236
Environmental issues
  • water pollution from agricultural runoff
  • deforestation of tropical rainforest
  • land degradation and soil erosion in Panama Canal
International agreements
20 of 20 landmark treaties in forceParty to 106 multilateral environmental agreements

Food & Water

No access to safe drinking water2022
5.3% of the population
Renewable water2022
139 billion m³ per year
Undernourishment2022
5.1% of the population200,000 people
Obesity2024
37.7% of adults
Underweight children2019
2.9% of children under five

Energy

Energy consumption2024
0.38 EJ per yearup 0.1 percent on the previous year0.1% from 2023total primary energy
Electricity2024
13 TWh generated per year
Net exporter, net 0.1 TWh in 2024, 1.1% of consumption
Oil, gas & coal
Production endedlast produced in 2016
Consumption2024135,002 b/d

Oil imports and exports count crude oil only.

Defense

Military personnel2025
approximately 30,000Ministry of Public Security personnel
Nuclear weapons2026
None - no nuclear arsenal

International Memberships