Panama Population

1950 - 2023 | Yearly | Person mn | CEIC Data

Key information about Panama population

  • The Panama population reached 4.5 million people in Jun 2023, compared with the previously reported figure of 4.4 million people in Jun 2022
  • The data reached an all-time high of 4.5 million people in Jun 2023 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 increased to 11.3 % in Aug 2021
  • Monthly earnings of the Panama population was 1,278.5 USD in Aug 2021
  • Panama Labour Force Participation Rate dropped to 60.4 % in Aug 2021

View Panama's Population from 1950 to 2023 in the chart:

Panama Population

What was Panama's Population in 2023?

The Panama population reached 4.5 million people in Jun 2023, compared with the previously reported figure of 4.4 million people in Jun 2022 See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.5 2023 4.4 2022 0.9 1950 4.5 2023 Person mn yearly 1950 - 2023

Population by Country Comparison

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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 2022 yearly 1989 - 2022
Australia (Person mn) 26.3 2022 yearly 1950 - 2022
Austria (Person mn) 9.1 2022 yearly 1950 - 2022
Azerbaijan (Person mn) 10.1 2022 yearly 1925 - 2022
Bahrain (Person mn) 1.6 2023 yearly 1950 - 2023
Bangladesh (Person mn) 169.3 2021 yearly 1990 - 2021
Belarus (Person mn) 9.2 2022 yearly 1949 - 2022
Belgium (Person mn) 11.7 2022 yearly 1953 - 2022
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) 203.1 2022 yearly 1950 - 2022
Brunei (Person mn) 0.4 2022 yearly 1950 - 2022
Bulgaria (Person mn) 6.4 2022 yearly 1880 - 2022
Cambodia (Person mn) 16.6 2021 yearly 1950 - 2021
Canada (Person mn) 38.9 2022 yearly 1950 - 2022
Chile (Person mn) 20.0 2023 yearly 1950 - 2023
China (Person mn) 1,409.7 2023 yearly 1949 - 2023
Colombia (Person mn) 51.6 2022 yearly 1950 - 2022
Croatia (Person mn) 3.9 2021 yearly 1960 - 2021
Cyprus (Person mn) 0.9 2019 yearly 1974 - 2019
Czech Republic (Person mn) 10.5 2022 yearly 1950 - 2022
Denmark (Person mn) 5.8 2020 yearly 1900 - 2020
Ecuador (Person mn) 17.5 2020 yearly 1950 - 2020
Egypt (Person mn) 105.2 2023 yearly 1980 - 2023
Estonia (Person mn) 1.4 2022 yearly 1999 - 2022
European Union (Person mn) 448.8 2022 yearly 1959 - 2022
Finland (Person mn) 5.6 2022 yearly 1749 - 2022
France (Person mn) 68.0 2022 yearly 1949 - 2022
Georgia (Person mn) 3.7 2022 yearly 1950 - 2022
Germany (Person mn) 84.2 2022 yearly 1950 - 2022
Ghana (Person mn) 31.1 2020 yearly 1950 - 2020
Greece (Person mn) 10.7 2020 yearly 1950 - 2020
Hong Kong SAR, China (Person mn) 7.5 2022 yearly 1961 - 2022
Hungary (Person mn) 9.6 2023 yearly 1948 - 2023
Iceland (Person mn) 0.4 2022 yearly 1732 - 2022
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) 5.3 2023 yearly 1900 - 2023
Israel (Person mn) 9.8 2023 yearly 1949 - 2023
Italy (Person mn) 59.0 2021 yearly 1911 - 2021
Ivory Coast (Person mn) 30.2 2022 yearly 1950 - 2022
Japan (Person mn) 124.9 2022 yearly 1899 - 2022
Jordan (Person mn) 11.5 2023 yearly 1950 - 2023
Kazakhstan (Person mn) 19.8 2022 yearly 1960 - 2022
Kenya (Person mn) 49.4 2021 yearly 1950 - 2021
South Korea (Person mn) 51.7 2022 yearly 1956 - 2022
Kosovo (Person mn) 1.8 2022 yearly 2002 - 2022
Kuwait (Person mn) 4.7 2022 yearly 1990 - 2022
Kyrgyzstan (Person mn) 7.0 2022 yearly 1950 - 2022
Laos (Person mn) 7.4 2022 yearly 1950 - 2022
Latvia (Person mn) 1.9 2022 yearly 1960 - 2022
Lebanon (Person mn) 6.8 2020 yearly 1950 - 2020
Lithuania (Person mn) 2.9 2023 yearly 1960 - 2023
Luxembourg (Person mn) 0.7 2022 yearly 1960 - 2022
Macau SAR, China (Person mn) 0.7 2022 yearly 1950 - 2022
North Macedonia (Person mn) 1.8 2022 yearly 1950 - 2022
Malawi (Person mn) 19.1 2020 yearly 1950 - 2020
Malaysia (Person mn) 32.7 2022 yearly 1947 - 2022
Malta (Person mn) 0.5 2022 yearly 1950 - 2022
Mauritius (Person mn) 1.3 2022 yearly 1950 - 2022
Mexico (Person mn) 130.6 2023 yearly 1950 - 2023
Moldova (Person mn) 2.5 2022 yearly 2013 - 2022
Mongolia (Person mn) 3.5 2022 yearly 1935 - 2022
Montenegro (Person mn) 0.6 2022 yearly 1921 - 2022
Morocco (Person mn) 36.3 2021 yearly 1960 - 2021
Mozambique (Person mn) 31.6 2022 yearly 1950 - 2022
Myanmar (Person mn) 54.4 2020 yearly 1950 - 2020
Nepal (Person mn) 29.5 2023 yearly 1950 - 2023
Netherlands (Person mn) 17.3 2018 yearly 1899 - 2018
New Zealand (Person mn) 5.2 2022 yearly 1950 - 2022
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) 229.2 2022 yearly 1950 - 2022
Palestinian Territory (Person mn) 5.9 2026 yearly 1950 - 2026
Panama (Person mn) 4.5 2023 yearly 1950 - 2023
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) 37.8 2022 yearly 1946 - 2022
Portugal (Person mn) 10.4 2021 yearly 1960 - 2021
Qatar (Person mn) 2.8 2020 yearly 1984 - 2020
Romania (Person mn) 19.1 2022 yearly 1930 - 2022
Russia (Person mn) 146.2 2023 yearly 1949 - 2023
Saudi Arabia (Person mn) 32.2 2022 yearly 1950 - 2022
Serbia (Person mn) 6.7 2022 yearly 1991 - 2022
Singapore (Person mn) 5.9 2023 yearly 1950 - 2023
Slovakia (Person mn) 5.5 2020 yearly 1945 - 2020
Slovenia (Person mn) 2.1 2022 yearly 1920 - 2022
South Africa (Person mn) 60.6 2022 yearly 1960 - 2022
Spain (Person mn) 47.5 2021 yearly 1950 - 2021
Sri Lanka (Person mn) 22.0 2023 yearly 1948 - 2023
Sudan (Person mn) 37.3 2014 yearly 1970 - 2014
Sweden (Person mn) 10.4 2020 yearly 1749 - 2020
Switzerland (Person mn) 8.8 2022 yearly 1950 - 2022

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Panama Key Series

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Includes 163 key indicators for Panama, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -3.9 2022 yearly 2003 - 2022
Consolidated Fiscal Balance (USD mn) -3,005.500 2022 yearly 2003 - 2022
Tax Revenue (USD mn) 927.220 Nov 2023 monthly Jan 1995 - Nov 2023
Tax Revenue: % of GDP (%) 7.2 Sep 2023 quarterly Mar 2007 - Sep 2023
National Government Debt (USD mn) 47,025.4 Dec 2023 monthly Jul 2004 - Dec 2023
Government Debt: % of GDP (%) 56.0 Sep 2023 quarterly Dec 2007 - Sep 2023
Forecast: Government Expenditure (PAB bn) 22.880 2028 yearly 1994 - 2028
Forecast: Government Net Debt (PAB bn) 53.964 2028 yearly 1994 - 2028
Forecast: Government Revenue (PAB bn) 21.239 2028 yearly 1994 - 2028
Central Government Revenue: Current Revenue: Tax: Direct: Total (PAB th) 735,965.015 Nov 2023 monthly Jan 1995 - Nov 2023
Central Government Revenue: Current Revenue (PAB th) 1,196,921.525 Nov 2023 monthly Jan 1995 - Nov 2023
Central Government Revenue: Current Revenue: Tax (PAB th) 927,219.535 Nov 2023 monthly Jan 1995 - Nov 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 7.314 2028 yearly 1980 - 2028
Trade Balance (USD mn) -976.8 Nov 2023 monthly Jan 1964 - Nov 2023
Total Exports (USD mn) 145.2 Feb 2023 monthly Jan 2000 - Feb 2023
Total Exports Growth (%) -76.3 Nov 2023 monthly Jan 2001 - Nov 2023
Aluminum: Exports (USD th) 1,490.770 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 807,995.942 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 145,164.399 2022 yearly 1995 - 2022
Total Imports (USD mn) 1,027.1 Nov 2023 monthly Jan 2000 - Nov 2023
Total Imports Growth (%) -6.2 Oct 2023 monthly Jan 2001 - Oct 2023
Imports: Medicament (USD th) 1,054,288.448 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 448,064.045 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 12.579 Oct 2023 monthly Jan 1970 - Oct 2023
Total Imports from USA (USD mn) 244.523 Oct 2023 monthly Jan 1967 - Oct 2023
Total Exports to China (USD mn) 1,072.958 2021 yearly 1999 - 2021
Total Imports from China (USD mn) 162.689 Oct 2023 monthly Mar 1989 - Oct 2023
Exports: FOB: Raw Wood (PAB th) 7,428.13 Apr 2018 monthly Jan 2017 - Apr 2018
Exports: FOB: Waste & Scrap of Steel, Copper & Aluminum (PAB th) 6,147.94 Apr 2018 monthly Jan 2017 - Apr 2018
Imports: CIF: Asia: Rest of Asia: Taiwan (PAB th) 48,718.000 2021 yearly 1999 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 56.4 Jun 2023 quarterly Mar 2013 - Jun 2023
Current Account Balance (USD mn) -1,522.5 Jun 2023 quarterly Mar 1998 - Jun 2023
Current Account Balance: % of GDP (%) -8.1 Jun 2023 quarterly Mar 2007 - Jun 2023
Foreign Direct Investment (USD mn) 1,867.7 Jun 2023 quarterly Mar 1998 - Jun 2023
Foreign Direct Investment: % of GDP (%) 3.9 Sep 2022 quarterly Mar 2007 - Sep 2022
Foreign Portfolio Investment (USD mn) -3.885 Jun 2023 quarterly Mar 2013 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) -0.0 Jun 2023 quarterly Mar 2007 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Jun 2023 quarterly Mar 2013 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -3.885 Jun 2023 quarterly Mar 2013 - Jun 2023
External Debt (USD mn) 39,987.9 Dec 2023 monthly Jul 2004 - Dec 2023
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) -2.777 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -72,405.204 Jun 2023 quarterly Mar 2002 - Jun 2023
BoP: CA: Goods (PAB mn) -4,394.317 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: Net Errors and Omissions (PAB mn) -1,257.204 Jun 2023 quarterly Mar 2013 - Jun 2023
Balance of Payment (BoP): Current Account (CA) (PAB mn) -1,522.532 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Goods: Debit (PAB mn) -8,695.248 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Goods: Credit (PAB mn) 4,300.931 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Services: Debit (PAB mn) -1,198.967 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Services: Credit (PAB mn) 4,809.870 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Income (PAB mn) -717.437 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Income: Credit (PAB mn) 863.501 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Income: Debit (PAB mn) -1,580.938 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: Capital Account: Credit (PAB mn) 2.515 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: Capital Account (PAB mn) 2.515 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: CA: Services (PAB mn) 3,610.903 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: Financing: Reserve Assets (PAB mn) 873.905 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: FA: Direct Investment (PAB mn) 1,811.370 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: Financial Account (FA) (PAB mn) 2,073.868 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: FA: Portfolio Investment: Liabilities (PAB mn) -3.885 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: FA: Portfolio Investment: Assets (PAB mn) -1,958.349 Jun 2023 quarterly Mar 2013 - Jun 2023
BoP: Capital Account: Debit (PAB mn) 0.000 Jun 2023 quarterly Mar 2013 - Jun 2023
International Investment Position (IIP) (USD mn) -72,405.204 Jun 2023 quarterly Mar 2015 - Jun 2023
IIP: Assets (USD mn) 99,924.466 Jun 2023 quarterly Mar 2015 - Jun 2023
IIP: Liabilities (USD mn) 172,329.670 Jun 2023 quarterly Mar 2015 - Jun 2023
Foreign Direct Investment (FDI) (PAB mn) 1,867.738 Jun 2023 quarterly Mar 2013 - Jun 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 1.9 Nov 2023 monthly Dec 2008 - Nov 2023
Household Debt: % of GDP (%) 38.3 Sep 2023 quarterly Dec 2007 - Sep 2023
Non-Performing Loans (USD mn) 1,670.620 Nov 2023 monthly Dec 2008 - Nov 2023
Money Supply M1 (USD mn) 9,005.520 Nov 2023 monthly Dec 2002 - Nov 2023
Money Supply M2 (USD mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023
M2 Growth (%) 2.9 Nov 2023 monthly Dec 2003 - Nov 2023
Foreign Exchange Reserves (USD mn) 6,143.7 Dec 2023 monthly Oct 1969 - Dec 2023
Foreign Exchange Reserves: % of GDP (%) 5.035 Sep 2023 quarterly Dec 2007 - Sep 2023
Foreign Exchange Reserves: Months of Import (NA) 6.2 Nov 2023 monthly Jan 2000 - Nov 2023
Gold Reserves (USD mn) 0.000 Dec 2023 monthly Sep 1969 - Dec 2023
Total Deposits (USD mn) 104,202.564 Nov 2023 monthly Dec 1998 - Nov 2023
Total Deposits Growth (%) 5.2 Nov 2023 monthly Dec 1999 - Nov 2023
Domestic Credit (USD mn) 60,945.5 Nov 2023 monthly Dec 2001 - Nov 2023
Domestic Credit Growth (%) 3.4 Nov 2023 monthly Dec 2002 - Nov 2023
Household Debt (USD mn) 31,588.9 Nov 2023 monthly Oct 2005 - Nov 2023
Total Loans (USD mn) 89,824.234 Nov 2023 monthly Dec 1998 - Nov 2023
Total Loans Growth (%) 4.14 Nov 2023 monthly Dec 1999 - Nov 2023
Private Debt: % of Nominal GDP (%) 69.44 Sep 2023 quarterly Dec 2007 - Sep 2023
Money Supply: M3 (PAB mn) 38,886.890 Nov 2023 monthly Dec 2002 - Nov 2023

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