Knelstrom Intelligence · World Factbook

Panama

Panamá

PA / PANnorth-america
CapitalPanama City
Population4,571,189
GDP$90.5bn
Area74,177 km²
RegionLatin America & Caribbean
Data sources current · last checked September 20, 2026 2:11 am

Country facts

Official namePanamá
CapitalPanama City
Area74,177 km²
CurrencyPanamanian balboa (PAB), United States dollar (USD)
Official language(s)Spanish
Calling code+507
RegionLatin America & Caribbean
Income levelHigh income
Form of governmentpresidential system
Time zoneAmerica/Panama

Overview

Population4,571,1892025 · Verified
UN Population Division population estimate4,625,7182026 · Estimated
GDP (current US$)$90,462,600,0002025 · Verified
GDP per capita (current US$)$19,7902025 · Verified
GDP growth4.4%2025 · Verified
Inflation, consumer prices-0.2%2025 · Verified
Unemployment8.4%2025 · Verified

Background

Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela that was named the Republic of Gran Colombia. When the union dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land known as the Panama Canal Zone on either side of the structure. The US Army Corps of Engineers built the Panama Canal between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, Panamanian dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. An ambitious expansion project to more than double the Canal's capacity by allowing for more Canal transits and larger ships was carried out between 2007 and 2016.
Reference: 2016, 2007, 1999, 1989

Geography

Latitude8.9943°current · Verified
Longitude-79.5188°current · Verified

Location

Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica

Map references

Central America and the Caribbean

Area

total: 75,420 sq km
land: 74,340 sq km
water: 1,080 sq km

Area - comparative

slightly smaller than South Carolina

Land boundaries

total: 687 km
border countries: Colombia 339 km; Costa Rica 348 km

Coastline

2,490 km

Maritime claims

territorial sea: 12 nm
contiguous zone: 24 nm
exclusive economic zone: 200 nm or edge of continental margin

Climate

tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)

Terrain

interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills

Elevation

highest point: Volcan Baru 3,475 m
lowest point: Pacific Ocean 0 m
mean elevation: 360 m

Natural resources

copper, mahogany forests, shrimp, hydropower

Land use

agricultural land: 29.5% (2023 est.)
agricultural land: arable land: arable land: 7.6% (2023 est.)
agricultural land: permanent crops: permanent crops: 1.6% (2023 est.)
agricultural land: permanent pasture: permanent pasture: 20.3% (2023 est.)
forest: 62.3% (2023 est.)
other: 8.2% (2023 est.)
Reference: 2023

Irrigated land

394 sq km (2022)
Reference: 2022

Major lakes (area sq km)

salt water lake(s): Laguna de Chiriqui - 900 sq km

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

Natural hazards

occasional severe storms and forest fires in the Darien area

Geography - note

strategic location on eastern end of isthmus forming land bridge that connects North and South America; controls the Panama Canal, which links the North Atlantic Ocean with the North Pacific Ocean via the Caribbean Sea 

Population & Society

Population4,571,1892025 · Verified
UN Population Division population estimate4,625,7182026 · Estimated
Fertility rate2.12024 · Verified
Urban population66.2%2025 · Verified

Nationality

noun: Panamanian(s)
adjective: Panamanian

Ethnic groups

Mestizo (mixed Indigenous and White) 65%, Indigenous 12.3% (Ngabe 7.6%, Kuna 2.4%, Embera 0.9%, Bugle 0.8%, other 0.4%, unspecified 0.2%), Black or African descent 9.2%, Mulatto 6.8%, White 6.7% (2010 est.)
Reference: 2010

Languages

Languages: Spanish (official), Indigenous languages (including Ngabere (Guaymi), Buglere, Kuna, Embera, Wounaan, Naso (Teribe), and Bri Bri), Panamanian English Creole (a mixture of English and Spanish with elements of Ngabere, also known as Guari Guari and Colon Creole), English, Chinese (Yue and Hakka), Arabic, French Creole, other (Yiddish, Hebrew, Korean, Japanese)
major-language sample(s): La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)
The World Factbook, the indispensable source for basic information.

Religions

Evangelical 55%, Roman Catholic 33.4%, none 10.1%, unspecified 1.5% (2023 est.)
Reference: 2023

Age structure

0-14 years: 25% (male 574,336/female 544,180)
15-64 years: 64.8% (male 1,465,907/female 1,433,023)
65 years and over: 10.1% (2024 est.) (male 211,014/female 241,781)
Reference: 2024

Dependency ratios

total dependency ratio: 54.2 (2024 est.)
youth dependency ratio: 38.6 (2024 est.)
elderly dependency ratio: 15.6 (2024 est.)
potential support ratio: 6.4 (2024 est.)
Reference: 2024

Median age

total: 31.5 years (2024 est.)
male: 31 years
female: 31.9 years
Reference: 2024

Population growth rate

1.48% (2024 est.)
Reference: 2024

Birth rate

17.4 births/1,000 population (2024 est.)
Reference: 2024

Death rate

5.7 deaths/1,000 population (2024 est.)
Reference: 2024

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

Major urban areas - population

1.977 million PANAMA CITY (capital) (2023)
Reference: 2023

Sex ratio

at birth: 1.06 male(s)/female
0-14 years: 1.06 male(s)/female
15-64 years: 1.02 male(s)/female
65 years and over: 0.87 male(s)/female
total population: 1.02 male(s)/female (2024 est.)
Reference: 2024

Maternal mortality ratio

37 deaths/100,000 live births (2023 est.)
Reference: 2023

Gross reproduction rate

1.14 (2024 est.)
Reference: 2024

Drinking water source

improved: urban: urban: 98.5% of population (2022 est.)
improved: rural: rural: 86.1% of population (2022 est.)
improved: total: total: 94.7% of population (2022 est.)
unimproved: urban: urban: 1.5% of population (2022 est.)
unimproved: rural: rural: 13.9% of population (2022 est.)
unimproved: total: total: 5.3% of population (2022 est.)
Reference: 2022

Health expenditure

Health expenditure (as % of GDP): 9.7% of GDP (2021)
Health expenditure (as % of national budget): 22.2% of national budget (2022 est.)
Reference: 2022, 2021

Physician density

1.63 physicians/1,000 population (2022)
Reference: 2022

Hospital bed density

1.9 beds/1,000 population (2020 est.)
Reference: 2020

Sanitation facility access

improved: urban: urban: 96.1% of population (2022 est.)
improved: rural: rural: 70.1% of population (2022 est.)
improved: total: total: 88% of population (2022 est.)
unimproved: urban: urban: 3.9% of population (2022 est.)
unimproved: rural: rural: 29.9% of population (2022 est.)
unimproved: total: total: 12% of population (2022 est.)
Reference: 2022

Obesity - adult prevalence rate

22.7% (2016)
Reference: 2016

Alcohol consumption per capita

total: 6.54 liters of pure alcohol (2019 est.)
beer: 5.29 liters of pure alcohol (2019 est.)
wine: 0.02 liters of pure alcohol (2019 est.)
spirits: 1.2 liters of pure alcohol (2019 est.)
other alcohols: 0.02 liters of pure alcohol (2019 est.)
Reference: 2019

Tobacco use

total: 4.5% (2025 est.)
male: 7.4% (2025 est.)
female: 1.7% (2025 est.)

Children under the age of 5 years underweight

2.9% (2019 est.)
Reference: 2019

Currently married women (ages 15-49)

58.6% (2023 est.)
Reference: 2023

School life expectancy (primary to tertiary education)

total: 13 years (2016 est.)
male: 12 years (2016 est.)
female: 14 years (2016 est.)
Reference: 2016

Migration & Displacement

Immigrant/emigrant stock measures the number of international migrants resident in, or originating from, the country; it is not the same as annual immigration/emigration flows.

International migrant stock (immigrants)477,7492024 · Verified
International migrant stock10.6%2024 · Verified
International emigrant stock194,8162024 · Estimated
Net migration6,1512025 · Verified
Refugees hosted2,6942025 · Verified
Asylum seekers hosted4,1292025 · Verified
Refugees from this country3752025 · Verified
Asylum seekers from this country2,9962025 · Verified

Refugees and internally displaced persons

refugees: 10,801 (2024 est.)
stateless persons: 928 (2024 est.)
Reference: 2024

Government & Politics

Form of governmentpresidential systemcurrent · Reported
OfficeHolderAffiliationFromStatusEvidence
Head of stateJosé Raúl Mulino2024-07-01CurrentReported
Head of governmentJosé Raúl Mulino2024-07-01CurrentReported

Country name

conventional long form: Republic of Panama
conventional short form: Panama
local long form: República de Panama
local short form: Panama
etymology: origin is unclear; may come from a Guarani word meaning "place of many fish"

Capital

name: Panama City
geographic coordinates: 8 58 N, 79 32 W
time difference: UTC-5 (same time as Washington, DC, during Standard Time)
etymology: origin is unclear; may come from a Guaraní word meaning "place of many fish"

Administrative divisions

10 provinces (provincias, singular - provincia) and 4 indigenous regions* (comarcas); Bocas del Toro, Chiriquí, Coclé, Colon, Darien, Embera-Wounaan*, Guna Yala*, Herrera, Los Santos, Naso Tjer Di*, Ngabe-Bugle*, Panama, Panama Oeste, Veraguas

Legal system

civil law system; Supreme Court of Justice reviews legislative acts

Constitution

history: several previous; latest effective 11 October 1972
amendment process: proposed by the National Assembly, by the Cabinet, or by the Supreme Court of Justice; passage requires approval by one of two procedures: 1) absolute majority vote of the Assembly membership in each of three readings and by absolute majority vote of the next elected Assembly in a single reading without textual modifications; 2) absolute majority vote of the Assembly membership in each of three readings, followed by absolute majority vote of the next elected Assembly in each of three readings with textual modifications, and approval in a referendum
Reference: 1972

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

Citizenship

citizenship by birth: yes
citizenship by descent only: yes
dual citizenship recognized: no
residency requirement for naturalization: 5 years

Suffrage

18 years of age; universal

Executive branch

chief of state: President José Raúl MULINO Quintero (since 1 July 2024)
head of government: President José Raúl MULINO Quintero (since 1 July 2024)
cabinet: Cabinet appointed by the president
election/appointment process: president and vice president directly elected on the same ballot by simple-majority popular vote for a 5-year term; president eligible for a single non-consecutive term)
most recent election date: 5 May 2024
election results: 2024: José Raúl MULINO Quintero elected president; percent of vote - José Raúl MULINO Quintero (RM) 34.2%, Ricardo Alberto LOMBANA González (MOCA) 24.6%, Martín Erasto TORRIJOS Espino (PP) 16%, Alberto ROUX Moses (CD) 11.4%, Zulay RODRÍGUEZ Lu (independent) 6.6%, José Gabriel CARRIZO Jaén (PRD) 5.9%, other 1.3%
2019: Laurentino "Nito" CORTIZO Cohen elected president; percent of vote - Laurentino CORTIZO Cohen (PRD) 33.3%, Romulo ROUX (CD) 31%, Ricardo LOMBANA (independent) 18.8%, Jose BLANDON (Panameñista Party) 10.8%, Ana Matilde GOMEZ Ruiloba (independent) 4.8%, other 1.3%
expected date of next election: May 2029
note: note: the president is both chief of state and head of government
Reference: 2029, 2024, 2019

Legislative branch

legislature name: National Assembly (Asamblea Nacional)
legislative structure: unicameral
number of seats: 71 (all directly elected)
electoral system: mixed system
scope of elections: full renewal
term in office: 5 years
most recent election date: 5/5/2024
parties elected and seats per party: Realizing Goals (RM) (14); Democratic Revolutionary Party (PRD) (13); Democratic Change (CD) (8); Panamenista Party (8); Independents (20); Other (8)
percentage of women in chamber: 21.7%
expected date of next election: May 2029
Reference: 2029, 2024

Judicial branch

highest court(s): Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 magistrates and 9 alternates and divided into civil, criminal, administrative, and general business chambers)
judge selection and term of office: magistrates appointed by the president for staggered 10-year terms
subordinate courts: appellate courts or Tribunal Superior; Labor Supreme Courts; Court of Audit; circuit courts or Tribunal Circuital (2 each in 9 of the 10 provinces); municipal courts; electoral, family, maritime, and adolescent courts

Political parties

Alliance Party or PA
Alternative Independent Socialist Party or PAIS
Another Way Movement or MOCA
Democratic Change or CD
Democratic Revolutionary Party or PRD
Nationalist Republican Liberal Movement or MOLIRENA
Panameñista Party (formerly the Arnulfista Party)
Popular Party or PP (formerly Christian Democratic Party or PDC)
Realizing Goals Party or RM

Diplomatic representation in the US

chief of mission: Ambassador José Miguel ALEMÁN HEALY (since 18 September 2024)
chancery: 2862 McGill Terrace NW, Washington, DC 20008
telephone: [1] (202) 483-1407
FAX: [1] (202) 483-8413
email address and website: info@embassyofpanama.org
https://www.embassyofpanama.org/
consulate(s) general: Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, Tampa
Reference: 2024

Diplomatic representation from the US

chief of mission: Ambassador Kevin Marino CABRERA (since 5 May 2025)
embassy: Building 783, Demetrio Basilio Lakas Avenue, Clayton
mailing address: 9100 Panama City PL, Washington, DC 20521-9100
telephone: [507] 317-5000
FAX: [507] 317-5568
email address and website: Panama-ACS@state.gov
https://pa.usembassy.gov/

International organization participation

ACS, BCIE, CAN (observer), CD, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, MIGA, NAM, OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNOOSA, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

Independence

3 November 1903 (from Colombia); 28 November 1821 (from Spain)
Reference: 1903

National holiday

Independence Day (Separation Day), 3 November (1903)
Reference: 1903

Flag

description: divided into four equal rectangles; one of the top quadrants is white (left side) with a five-pointed blue star in the center, and the other is plain red; one of the bottom quadrants is plain blue (left side), and the other is white with a five-pointed red star in the center
meaning: blue and red stand for the main political parties, and white for peace between them; the blue star stands for the civic virtues of purity and honesty, and the red star for authority and law

National symbol(s)

harpy eagle

National color(s)

blue, white, red

National anthem(s)

title: "Himno Istmeno" (Isthmus Hymn)
lyrics/music: Jeronimo DE LA OSSA/Santos A. JORGE
history: adopted 1925
Reference: 1925

National heritage

total World Heritage Sites: 6 (3 cultural, 3 natural)
selected World Heritage Site locales: Caribbean Fortifications (c); Darien National Park (n); Talamanca Range-La Amistad National Park (n); Panamá Viejo and Historic District of Panamá (c); Coiba National Park (n); The Colonial Transisthmian Route of Panamá (c)

Legislature & Elections

Legislature

NameChamberSeatsElectoral system
National Assembly of Panama71

Economy

GDP (current US$)$90,462,600,0002025 · Verified
GDP per capita (current US$)$19,7902025 · Verified
GDP growth4.4%2025 · Verified
Inflation, consumer prices-0.2%2025 · Verified
Unemployment8.4%2025 · Verified
Income levelHigh incomecurrent · Verified

Economic overview

upper middle-income Central American economy; increasing Chinese trade; US dollar user; canal expansion fueling broader infrastructure investment; services sector dominates economy; historic money-laundering and illegal drug hub

Real GDP (purchasing power parity)

Real GDP (purchasing power parity) 2024: $164.484 billion (2024 est.)
Real GDP (purchasing power parity) 2023: $159.908 billion (2023 est.)
Real GDP (purchasing power parity) 2022: $148.891 billion (2022 est.)
note: note: data in 2021 dollars
Reference: 2024, 2023, 2022, 2021

Real GDP per capita

Real GDP per capita 2024: $36,400 (2024 est.)
Real GDP per capita 2023: $35,900 (2023 est.)
Real GDP per capita 2022: $33,800 (2022 est.)
note: note: data in 2021 dollars
Reference: 2024, 2023, 2022, 2021

GDP - composition, by sector of origin

agriculture: 2.6% (2024 est.)
industry: 26.3% (2024 est.)
services: 68.8% (2024 est.)
note: note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Reference: 2024

GDP - composition, by end use

household consumption: 46.7% (2023 est.)
government consumption: 12.2% (2023 est.)
investment in fixed capital: 32.3% (2023 est.)
investment in inventories: 5.4% (2023 est.)
exports of goods and services: 46.5% (2023 est.)
imports of goods and services: -43.1% (2023 est.)
note: note: figures may not total 100% due to rounding or gaps in data collection
Reference: 2023

Agricultural products

sugarcane, rice, bananas, oranges, oil palm fruit, chicken, plantains, maize, milk, pineapples (2023)
note: note: top ten agricultural products based on tonnage
Reference: 2023

Industries

construction, brewing, cement and other construction materials, sugar milling

Industrial production growth rate

-2.6% (2024 est.)
note: note: annual % change in industrial value added based on constant local currency
Reference: 2024

Labor force

2.206 million (2024 est.)
note: note: number of people ages 15 or older who are employed or seeking work
Reference: 2024

Youth unemployment rate (ages 15-24)

total: 16.8% (2024 est.)
male: 13.4% (2024 est.)
female: 22.1% (2024 est.)
note: note: % of labor force ages 15-24 seeking employment
Reference: 2024

Population below poverty line

21.8% (2021 est.)
note: note: % of population with income below national poverty line
Reference: 2021

Gini Index coefficient - distribution of family income

Gini Index coefficient - distribution of family income 2023: 48.9 (2023 est.)
note: note: index (0-100) of income distribution; higher values represent greater inequality
Reference: 2023

Average household expenditures

on food: 15.4% of household expenditures (2023 est.)
on alcohol and tobacco: 1.6% of household expenditures (2023 est.)
Reference: 2023

Household income or consumption by percentage share

lowest 10%: 1.2% (2023 est.)
highest 10%: 36.9% (2023 est.)
note: note: % share of income accruing to lowest and highest 10% of population
Reference: 2023

Remittances

Remittances 2024: 0.6% of GDP (2024 est.)
Remittances 2023: 0.6% of GDP (2023 est.)
Remittances 2022: 0.7% of GDP (2022 est.)
note: note: personal transfers and compensation between resident and non-resident individuals/households/entities
Reference: 2024, 2023, 2022

Budget

revenues: $7.57 billion (2021 est.)
expenditures: $12.046 billion (2021 est.)
note: note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
Reference: 2021

Public debt

Public debt 2016: 37.4% of GDP (2016 est.)
Reference: 2016

Taxes and other revenues

7.5% (of GDP) (2021 est.)
note: note: central government tax revenue as a % of GDP
Reference: 2021

Current account balance

Current account balance 2024: $1.672 billion (2024 est.)
Current account balance 2023: -$2.581 billion (2023 est.)
Current account balance 2022: $28.769 million (2022 est.)
note: note: balance of payments - net trade and primary/secondary income in current dollars
Reference: 2024, 2023, 2022

Exports

Exports 2024: $37.376 billion (2024 est.)
Exports 2023: $37.905 billion (2023 est.)
Exports 2022: $35.717 billion (2022 est.)
note: note: balance of payments - exports of goods and services in current dollars
Reference: 2024, 2023, 2022

Exports - partners

China 25%, Japan 10%, USA 6%, Thailand 5%, Costa Rica 5% (2023)
note: note: top five export partners based on percentage share of exports
Reference: 2023

Exports - commodities

copper ore, ships, refined petroleum, bananas, fish (2023)
note: note: top five export commodities based on value in dollars
Reference: 2023

Imports

Imports 2024: $30.887 billion (2024 est.)
Imports 2023: $35.927 billion (2023 est.)
Imports 2022: $32.646 billion (2022 est.)
note: note: balance of payments - imports of goods and services in current dollars
Reference: 2024, 2023, 2022

Imports - partners

USA 15%, Colombia 13%, China 13%, Ecuador 13%, Japan 11% (2023)
note: note: top five import partners based on percentage share of imports
Reference: 2023

Imports - commodities

crude petroleum, ships, refined petroleum, nitrogen compounds, cars (2023)
note: note: top five import commodities based on value in dollars
Reference: 2023

Reserves of foreign exchange and gold

Reserves of foreign exchange and gold 2024: $6.856 billion (2024 est.)
Reserves of foreign exchange and gold 2023: $6.757 billion (2023 est.)
Reserves of foreign exchange and gold 2022: $6.876 billion (2022 est.)
note: note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Reference: 2024, 2023, 2022

Exchange rates

Currency: balboas (PAB) per US dollar -
Exchange rates 2024: 1 (2024 est.)
Exchange rates 2023: 1 (2023 est.)
Exchange rates 2022: 1 (2022 est.)
Exchange rates 2021: 1 (2021 est.)
Exchange rates 2020: 1 (2020 est.)
Reference: 2024, 2023, 2022, 2021

Trade

Exports of goods and services44.4%2024 · Verified
Imports of goods and services39.3%2024 · Verified
Trade83.7%2024 · Verified

Current account balance

Current account balance 2024: $1.672 billion (2024 est.)
Current account balance 2023: -$2.581 billion (2023 est.)
Current account balance 2022: $28.769 million (2022 est.)
note: note: balance of payments - net trade and primary/secondary income in current dollars
Reference: 2024, 2023, 2022

Exports

Exports 2024: $37.376 billion (2024 est.)
Exports 2023: $37.905 billion (2023 est.)
Exports 2022: $35.717 billion (2022 est.)
note: note: balance of payments - exports of goods and services in current dollars
Reference: 2024, 2023, 2022

Exports - partners

China 25%, Japan 10%, USA 6%, Thailand 5%, Costa Rica 5% (2023)
note: note: top five export partners based on percentage share of exports
Reference: 2023

Exports - commodities

copper ore, ships, refined petroleum, bananas, fish (2023)
note: note: top five export commodities based on value in dollars
Reference: 2023

Imports

Imports 2024: $30.887 billion (2024 est.)
Imports 2023: $35.927 billion (2023 est.)
Imports 2022: $32.646 billion (2022 est.)
note: note: balance of payments - imports of goods and services in current dollars
Reference: 2024, 2023, 2022

Imports - partners

USA 15%, Colombia 13%, China 13%, Ecuador 13%, Japan 11% (2023)
note: note: top five import partners based on percentage share of imports
Reference: 2023

Imports - commodities

crude petroleum, ships, refined petroleum, nitrogen compounds, cars (2023)
note: note: top five import commodities based on value in dollars
Reference: 2023

Energy & Resources

Access to electricity96.0%2024 · Verified
Electric power consumption2,715 kWh/person2023 · Verified
Renewable energy consumption28.0%2021 · Verified

Electricity

installed generating capacity: 4.485 million kW (2023 est.)
consumption: 11.777 billion kWh (2023 est.)
exports: 404.9 million kWh (2023 est.)
imports: 234 million kWh (2023 est.)
transmission/distribution losses: 924.16 million kWh (2023 est.)
Reference: 2023

Electricity generation sources

fossil fuels: 38.2% of total installed capacity (2023 est.)
solar: 6.8% of total installed capacity (2023 est.)
wind: 6.9% of total installed capacity (2023 est.)
hydroelectricity: 47.8% of total installed capacity (2023 est.)
biomass and waste: 0.3% of total installed capacity (2023 est.)
Reference: 2023

Coal

consumption: 863,000 metric tons (2023 est.)
imports: 863,000 metric tons (2023 est.)
Reference: 2023

Petroleum

refined petroleum consumption: 131,000 bbl/day (2023 est.)
Reference: 2023

Natural gas

consumption: 564.786 million cubic meters (2023 est.)
imports: 564.786 million cubic meters (2023 est.)
Reference: 2023

Energy consumption per capita

Total energy consumption per capita 2023: 78.01 million Btu/person (2023 est.)
Reference: 2023

Infrastructure

Access to electricity96.0%2024 · Verified
Fixed broadband subscriptions18.1 per 1002023 · Verified
Mobile cellular subscriptions156.6 per 1002023 · Verified

Telephones - fixed lines

total subscriptions: 811,000 (2023 est.)
subscriptions per 100 inhabitants: 18 (2023 est.)
Reference: 2023

Health

Life expectancy at birth79.8 years2024 · Verified
Current health expenditure8.3%2023 · Verified
Infant mortality rate12.0 per 1,0002024 · Verified

Maternal mortality ratio

37 deaths/100,000 live births (2023 est.)
Reference: 2023

Health expenditure

Health expenditure (as % of GDP): 9.7% of GDP (2021)
Health expenditure (as % of national budget): 22.2% of national budget (2022 est.)
Reference: 2022, 2021

Physician density

1.63 physicians/1,000 population (2022)
Reference: 2022

Hospital bed density

1.9 beds/1,000 population (2020 est.)
Reference: 2020

Obesity - adult prevalence rate

22.7% (2016)
Reference: 2016

Tobacco use

total: 4.5% (2025 est.)
male: 7.4% (2025 est.)
female: 1.7% (2025 est.)

Education

Adult literacy rate96.2%2024 · Verified
Secondary school enrolment, gross76.6%2017 · Verified
Government education expenditure2.5%2023 · Verified

School life expectancy (primary to tertiary education)

total: 13 years (2016 est.)
male: 12 years (2016 est.)
female: 14 years (2016 est.)
Reference: 2016

Rights, Freedoms & Society

Press & Media Freedom

V-Dem expert-coded/modelled source measures. Knelstrom does not create a press-freedom ranking or composite score.

Freedom of expression & alternative information index0.8122025 · Estimated
Government censorship effort — media0.8272025 · Estimated
Harassment of journalists0.7072025 · Estimated
Print/broadcast media critical of government1.7142025 · Estimated
Range of perspectives in major media0.7842025 · Estimated
Media bias0.9722025 · Estimated
Media self-censorship0.6572025 · Estimated

LGBTQ+ Rights & Law

Concrete legal-status fields only; Knelstrom does not generate an LGBTQ rights score or country ranking.

Same-sex sexual activityYes Legal since 2008; + UN decl. sign.Reported
Recognition of same-sex relationshipsNo Court decision pendingReported
Same-sex marriageNo Court decision pendingReported
Same-sex adoptionNo Court decision pendingReported
Open military serviceHas no militaryReported
Sexual-orientation anti-discrimination lawYes Bans some anti-gay discriminationReported
Gender identity / expression lawYes Transgender persons can change their legal gender and name after completion of medical intervention since 2006Reported

Source: Wikipedia — LGBTQ rights by country or territory (CC BY-SA 4.0). Community-edited legal-status summary; retrieved by Knelstrom and not legal advice.

Crime & Justice

Legal system

civil law system; Supreme Court of Justice reviews legislative acts

Judicial branch

highest court(s): Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 magistrates and 9 alternates and divided into civil, criminal, administrative, and general business chambers)
judge selection and term of office: magistrates appointed by the president for staggered 10-year terms
subordinate courts: appellate courts or Tribunal Superior; Labor Supreme Courts; Court of Audit; circuit courts or Tribunal Circuital (2 each in 9 of the 10 provinces); municipal courts; electoral, family, maritime, and adolescent courts

Military & Security

Military and security forces

no regular military forces; Ministry of Public Security: National Police (Policía Nacional,  PN), National Aeronaval Service (Servicio Nacional Aeronaval, SENAN), National Border Service (Servicio Nacional de Fronteras, SENAFRONT) (2025)
note: note 1: collectively, the security forces are known as the Panamanian Public Forces
note 2: the PNP includes a special forces directorate with counterterrorism and counternarcotics units; SENAFRONT has four regionally based border security brigades, plus a specialized brigade comprised of special forces, counternarcotics, maritime, and rapid reaction units

Military expenditures

Military Expenditures 2024: 1.1% of GDP (2024 est.)
Military Expenditures 2023: 1.1% of GDP (2023 est.)
Military Expenditures 2022: 1.2% of GDP (2022 est.)
Military Expenditures 2021: 1.3% of GDP (2021 est.)
Military Expenditures 2020: 1.4% of GDP (2020 est.)
Reference: 2024, 2023, 2022, 2021

Military and security service personnel strengths

approximately 30,000 Ministry of Public Security personnel (2025)

Military - note

the Panamanian Public Forces focus on law enforcement, border control, and maritime security; the National Police are responsible for internal law enforcement and public order, while the National Border Service (SENAFRONT) handles border security; the Aeronaval Service is responsible for carrying out air and naval operations that include some internal security responsibilities; key areas of focus are countering narcotics trafficking and securing the border, particularly along the frontier with Colombia where SENAFRONT maintains a significant presence
Panama created a paramilitary National Guard (Guardia Nacional de Panamá) in the 1950s from the former National Police (established 1904); the National Guard subsequently evolved into more of a military force with some police responsibilities; it seized power in a coup in 1968 and military officers ran the country until 1989; in 1983, the National Guard was renamed the Panama Defense Force (PDF); the PDF was disbanded after the 1989 US invasion and the current national police forces were formed in 1990; the armed forces were officially abolished under the 1994 Constitution (2025)
Reference: 2025, 1994, 1990, 1989

International Relations

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

Diplomatic representation in the US

chief of mission: Ambassador José Miguel ALEMÁN HEALY (since 18 September 2024)
chancery: 2862 McGill Terrace NW, Washington, DC 20008
telephone: [1] (202) 483-1407
FAX: [1] (202) 483-8413
email address and website: info@embassyofpanama.org
https://www.embassyofpanama.org/
consulate(s) general: Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, Tampa
Reference: 2024

Diplomatic representation from the US

chief of mission: Ambassador Kevin Marino CABRERA (since 5 May 2025)
embassy: Building 783, Demetrio Basilio Lakas Avenue, Clayton
mailing address: 9100 Panama City PL, Washington, DC 20521-9100
telephone: [507] 317-5000
FAX: [507] 317-5568
email address and website: Panama-ACS@state.gov
https://pa.usembassy.gov/

International organization participation

ACS, BCIE, CAN (observer), CD, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, MIGA, NAM, OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNOOSA, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

Treaties & Organisations

OrganisationStatusJoined
United Nations (UN)member1945-11-13
World Trade Organization (WTO)member1997-09-06

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

International organization participation

ACS, BCIE, CAN (observer), CD, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, MIGA, NAM, OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNOOSA, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

Conflict & Security

Refugees and internally displaced persons

refugees: 10,801 (2024 est.)
stateless persons: 928 (2024 est.)
Reference: 2024

Illicit drugs

USG identification: major illicit drug-producing and/or drug-transit country (2025)

Terrorist group(s)

Tren de Aragua (TdA)
note: note: details about the history, aims, leadership, organization, areas of operation, tactics, targets, weapons, size, and sources of support of the group(s) appear(s) in the Terrorism reference guide

Transportation & Logistics

Civil aircraft registration country code prefix

HP

Airports

77 (2025)

Heliports

1 (2025)

Railways

total: 77 km (2014)
standard gauge: 77 km (2014) 1.435-m gauge
Reference: 2014

Merchant marine

total: 8,174 (2023)
by type: bulk carrier 2732, container ship 671, general cargo 1,428, oil tanker 866, other 2,477
Reference: 2023

Ports

total ports: 12 (2024)
large: 0
medium: 3
small: 3
very small: 5
size unknown: 1
ports with oil terminals: 5
key ports: Bahia de las Minas, Balboa, Pedregal, Puerto Armuelles, Puerto Colon, Puerto Cristobal
Reference: 2024

Environment

Forest area56.3%2023 · Verified
Renewable energy consumption28.0%2021 · Verified

Environmental issues

water pollution from agricultural runoff; deforestation of tropical rainforest; land degradation and soil erosion in Panama Canal; air pollution in urban areas; effects of mining 

International environmental agreements

party to: Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping-London Convention, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 2006, Wetlands, Whaling
signed, but not ratified: Marine Life Conservation
Reference: 2006

Climate

tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)

Land use

agricultural land: 29.5% (2023 est.)
agricultural land: arable land: arable land: 7.6% (2023 est.)
agricultural land: permanent crops: permanent crops: 1.6% (2023 est.)
agricultural land: permanent pasture: permanent pasture: 20.3% (2023 est.)
forest: 62.3% (2023 est.)
other: 8.2% (2023 est.)
Reference: 2023

Urbanization

urban population: 69.5% of total population (2023)
rate of urbanization: 1.92% annual rate of change (2020-25 est.)
Reference: 2023, 2020

Carbon dioxide emissions

total emissions: 23.458 million metric tonnes of CO2 (2023 est.)
from coal and metallurgical coke: 1.969 million metric tonnes of CO2 (2023 est.)
from petroleum and other liquids: 20.389 million metric tonnes of CO2 (2023 est.)
from consumed natural gas: 1.101 million metric tonnes of CO2 (2023 est.)
Reference: 2023

Particulate matter emissions

11.9 micrograms per cubic meter (2019 est.)
Reference: 2019

Waste and recycling

municipal solid waste generated annually: 1.472 million tons (2024 est.)
percent of municipal solid waste recycled: 14.2% (2022 est.)
Reference: 2024, 2022

Total water withdrawal

municipal: 759.1 million cubic meters (2022 est.)
industrial: 6.2 million cubic meters (2022 est.)
agricultural: 446.1 million cubic meters (2022 est.)
Reference: 2022

Total renewable water resources

139.304 billion cubic meters (2022 est.)
Reference: 2022

Communications & Media

Individuals using the Internet72.8%2024 · Verified
Mobile cellular subscriptions156.6 per 1002023 · Verified
Fixed broadband subscriptions18.1 per 1002023 · Verified
Secure Internet servers2,234 per million2024 · Verified

Telephones - fixed lines

total subscriptions: 811,000 (2023 est.)
subscriptions per 100 inhabitants: 18 (2023 est.)
Reference: 2023

Broadcast media

multiple privately owned TV networks and a government-owned educational TV station; multi-channel cable and satellite TV subscription services are available; more than 100 commercial radio stations (2019)
Reference: 2019

Internet country code

.pa

Historical Trends

Population

Source: World Bank WDI. Historical observations shown by reference period.

View Population data table
PeriodValueSource
20164,029,086world_bank_wdi
20174,098,707world_bank_wdi
20184,167,860world_bank_wdi
20194,234,700world_bank_wdi
20204,293,261world_bank_wdi
20214,345,405world_bank_wdi
20224,400,773world_bank_wdi
20234,458,759world_bank_wdi
20244,515,577world_bank_wdi
20254,571,189world_bank_wdi

GDP (current US$)

Source: World Bank WDI. Historical observations shown by reference period.

View GDP (current US$) data table
PeriodValueSource
2016$59,760,858,700world_bank_wdi
2017$64,327,688,800world_bank_wdi
2018$67,316,471,200world_bank_wdi
2019$69,778,991,200world_bank_wdi
2020$57,059,846,500world_bank_wdi
2021$67,396,392,500world_bank_wdi
2022$76,479,304,500world_bank_wdi
2023$83,812,155,200world_bank_wdi
2024$86,523,959,100world_bank_wdi
2025$90,462,600,000world_bank_wdi

International migrant stock (immigrants)

Source: World Bank WDI. Historical observations shown by reference period.

View International migrant stock (immigrants) data table
PeriodValueSource
2020313,165world_bank_wdi
2024477,749world_bank_wdi

International emigrant stock

Source: World Bank WDI. Historical observations shown by reference period.

View International emigrant stock data table
PeriodValueSource
1990144,087un_migrant_stock_2024
1995131,983un_migrant_stock_2024
2000166,111un_migrant_stock_2024
2005167,840un_migrant_stock_2024
2010173,244un_migrant_stock_2024
2015177,743un_migrant_stock_2024
2020179,794un_migrant_stock_2024
2024194,816un_migrant_stock_2024

Net migration

Source: World Bank WDI. Historical observations shown by reference period.

View Net migration data table
PeriodValueSource
201610,109world_bank_wdi
201711,059world_bank_wdi
201811,130world_bank_wdi
201910,623world_bank_wdi
20205,473world_bank_wdi
20215,473world_bank_wdi
20227,967world_bank_wdi
20237,262world_bank_wdi
20246,706world_bank_wdi
20256,151world_bank_wdi

Sources & Methodology

Current statistical observations include their reference period and provenance. Reference fields from approved source datasets are attributed below. Missing information is left unknown rather than inferred.

IndicatorValuePeriodSourceStatus
Population4,571,1892025World Bank — World Development IndicatorsVerified
UN Population Division population estimate4,625,7182026UN Population Division Data PortalEstimated
Wikidata population (fallback)4,570,1332025WikidataReported
International migrant stock (immigrants)477,7492024World Bank — World Development IndicatorsVerified
International migrant stock10.6%2024World Bank — World Development IndicatorsVerified
International emigrant stock194,8162024UN DESA International Migrant Stock 2024Estimated
Net migration6,1512025World Bank — World Development IndicatorsVerified
Refugees hosted2,6942025UNHCR Refugee Population StatisticsVerified
Asylum seekers hosted4,1292025UNHCR Refugee Population StatisticsVerified
Refugees from this country3752025World Bank — World Development IndicatorsVerified
Asylum seekers from this country2,9962025World Bank — World Development IndicatorsVerified
Freedom of expression & alternative information index0.8122025Varieties of Democracy (V-Dem) Country-Year Dataset v16Estimated
Government censorship effort — media0.8272025Varieties of Democracy (V-Dem) Country-Year Dataset v16Estimated
Harassment of journalists0.7072025Varieties of Democracy (V-Dem) Country-Year Dataset v16Estimated
Print/broadcast media critical of government1.7142025Varieties of Democracy (V-Dem) Country-Year Dataset v16Estimated
Range of perspectives in major media0.7842025Varieties of Democracy (V-Dem) Country-Year Dataset v16Estimated
Media bias0.9722025Varieties of Democracy (V-Dem) Country-Year Dataset v16Estimated
Media self-censorship0.6572025Varieties of Democracy (V-Dem) Country-Year Dataset v16Estimated
Same-sex sexual activityYes Legal since 2008; + UN decl. sign.currentWikipedia — LGBTQ rights by country or territoryReported
Recognition of same-sex relationshipsNo Court decision pendingcurrentWikipedia — LGBTQ rights by country or territoryReported
Same-sex marriageNo Court decision pendingcurrentWikipedia — LGBTQ rights by country or territoryReported
Same-sex adoptionNo Court decision pendingcurrentWikipedia — LGBTQ rights by country or territoryReported
Open military serviceHas no militarycurrentWikipedia — LGBTQ rights by country or territoryReported
Sexual-orientation anti-discrimination lawYes Bans some anti-gay discriminationcurrentWikipedia — LGBTQ rights by country or territoryReported
Gender identity / expression lawYes Transgender persons can change their legal gender and name after completion of medical intervention since 2006currentWikipedia — LGBTQ rights by country or territoryReported
GDP (current US$)$90,462,600,0002025World Bank — World Development IndicatorsVerified
GDP per capita (current US$)$19,7902025World Bank — World Development IndicatorsVerified
GDP growth4.4%2025World Bank — World Development IndicatorsVerified
Inflation, consumer prices-0.2%2025World Bank — World Development IndicatorsVerified
Unemployment8.4%2025World Bank — World Development IndicatorsVerified
Income levelHigh incomecurrentWorld Bank — World Development IndicatorsVerified
Life expectancy at birth79.8 years2024World Bank — World Development IndicatorsVerified
Fertility rate2.12024World Bank — World Development IndicatorsVerified
Urban population66.2%2025World Bank — World Development IndicatorsVerified
Individuals using the Internet72.8%2024World Bank — World Development IndicatorsVerified
Exports of goods and services44.4%2024World Bank — World Development IndicatorsVerified
Imports of goods and services39.3%2024World Bank — World Development IndicatorsVerified
Trade83.7%2024World Bank — World Development IndicatorsVerified
Adult literacy rate96.2%2024World Bank — World Development IndicatorsVerified
Secondary school enrolment, gross76.6%2017World Bank — World Development IndicatorsVerified
Government education expenditure2.5%2023World Bank — World Development IndicatorsVerified
Access to electricity96.0%2024World Bank — World Development IndicatorsVerified
Electric power consumption2,715 kWh/person2023World Bank — World Development IndicatorsVerified
Renewable energy consumption28.0%2021World Bank — World Development IndicatorsVerified
Current health expenditure8.3%2023World Bank — World Development IndicatorsVerified
Infant mortality rate12.0 per 1,0002024World Bank — World Development IndicatorsVerified
Forest area56.3%2023World Bank — World Development IndicatorsVerified
Mobile cellular subscriptions156.6 per 1002023World Bank — World Development IndicatorsVerified
Fixed broadband subscriptions18.1 per 1002023World Bank — World Development IndicatorsVerified
Secure Internet servers2,234 per million2024World Bank — World Development IndicatorsVerified
Latitude8.9943°currentWorld Bank — World Development IndicatorsVerified
Longitude-79.5188°currentWorld Bank — World Development IndicatorsVerified
Latitude (Wikidata)8.6167°currentWikidataReported
Longitude (Wikidata)-80.3667°currentWikidataReported
Time zoneAmerica/PanamacurrentWikidataReported
Form of governmentpresidential systemcurrentWikidataReported

Data attribution

Credits below are generated from sources actually used by this country profile. Source-specific terms take precedence.

  • CIA World Factbook, final 2025 country profile (structured via factbook.json). Accessed September 20, 2026. U.S. Government public-domain data; retained as a reference source where a newer approved field is not available. Source · Terms/licence
  • United Nations, Department of Economic and Social Affairs, Population Division, International Migrant Stock 2024; data access/processing via Our World in Data. Accessed September 20, 2026. Underlying UN dataset used under CC BY 3.0 IGO. Source · Terms/licence
  • United Nations, Department of Economic and Social Affairs, Population Division, World Population Prospects (WPP indicator 49) Accessed September 19, 2026. Used under CC BY 3.0 IGO; current-year WPP population values are presented as estimates/projections where applicable. Source · Terms/licence
  • UNHCR Refugee Population Statistics Database. Accessed September 19, 2026. Used under CC BY 4.0 except where a dataset identifies a different source or licence. Source · Terms/licence
  • Varieties of Democracy (V-Dem), Country-Year Dataset v16 (variables: v2mebias, v2mecenefm, v2mecrit, v2meharjrn, v2merange, v2meslfcen, v2x_freexp_altinf) Accessed September 20, 2026. Used under CC BY-SA 4.0; V-Dem measures are expert-coded/modelled and no V-Dem endorsement is implied. Source · Terms/licence
  • Wikidata structured data (CC0). Accessed September 20, 2026. Attribution is provided by Knelstrom for provenance although CC0 does not require it. Source · Terms/licence
  • Wikipedia, “LGBTQ rights by country or territory” (source revision/data fields: Wikipedia revision 1374406645 — Gender identity / expression law, Wikipedia revision 1374406645 — Open military service, Wikipedia revision 1374406645 — Recognition of same-sex relationships, Wikipedia revision 1374406645 — Same-sex adoption, Wikipedia revision 1374406645 — Same-sex marriage, Wikipedia revision 1374406645 — Same-sex sexual activity, Wikipedia revision 1374406645 — Sexual-orientation anti-discrimination law) Accessed September 20, 2026. Used under CC BY-SA 4.0. Knelstrom changes formatting and presents the imported material as a community-edited legal-status summary, not legal advice or a Knelstrom rights score. Source · Terms/licence
  • World Bank, World Development Indicators (series: AG.LND.FRST.ZS, country_metadata, EG.ELC.ACCS.ZS, EG.FEC.RNEW.ZS, EG.USE.ELEC.KH.PC, FP.CPI.TOTL.ZG, IT.CEL.SETS.P2, IT.NET.BBND.P2, IT.NET.SECR.P6, IT.NET.USER.ZS, NE.EXP.GNFS.ZS, NE.IMP.GNFS.ZS, NE.TRD.GNFS.ZS, NY.GDP.MKTP.CD, NY.GDP.MKTP.KD.ZG, NY.GDP.PCAP.CD, SE.ADT.LITR.ZS, SE.SEC.ENRR, SE.XPD.TOTL.GD.ZS, SH.XPD.CHEX.GD.ZS, SL.UEM.TOTL.ZS, SM.POP.ASYS.EO, SM.POP.NETM, SM.POP.RHCR.EO, SM.POP.TOTL, SM.POP.TOTL.ZS, SP.DYN.IMRT.IN, SP.DYN.LE00.IN, SP.DYN.TFRT.IN, SP.POP.TOTL, SP.URB.TOTL.IN.ZS) Accessed September 20, 2026. Data used under CC BY 4.0; Knelstrom presentation/formatting may differ from the source. Source · Terms/licence

Knelstrom does not imply endorsement by any listed data provider.

Last automated statistical refresh: 2026-09-20 02:10:30