Panama

Republic of Panama

"A Central American country known for its canal connecting the Atlantic and Pacific oceans."

Central America
UN Member

Overview

Key information and facts

Government type

Presidential Republic

Capital City

Panama City

8.97°, -79.53°

Official Languages

Spanish

Population

4.46M

Total Area

75.42K km²

Population Density

59.12 people per km²

Currency

Panamanian balboa, United States dollar

B/., $

Week Start

monday

Driving Side

right

Society

Key social and demographic indicators

#125
4,458,759

Total Population+1.3%

2023
#42
79.6 years

Life Expectancy

2023
#115
69.5%

Urban Population

2023
#92
2.12

Fertility Rate

2023
#101
78%

Internet Users

2023

Economy

Economic and financial indicators

#75
$83.3B

GDP+7.4%

2023
#56
$18.7K

GDP per Capita

2023
#16
0.7%

Inflation

2024
#114
6.5%

Unemployment Rate

2024
#157
48.9

Gini Index

2023

Frequently Asked Questions About Panama

What is the capital of Panama?

Panama's capital city is Panama City.

What is the population of Panama?

As of 2023, the estimated population of Panama is approximately 4.46M people. This makes it the 125th most populous country out of 192 states.

How large is Panama?

Panama spans a total area of approximately 75,417 square kilometers (29,118.65 square miles).

Which continent is Panama in?

Panama is located in Americas, specifically within the Central America subregion.

What is the GDP of Panama?

According to estimates from 2023, the Gross Domestic Product (GDP) of Panama is approximately $83.32B USD. This ranks Panama as the 75th largest economy out of 191 sovereign states worldwide.

Note: The information on this page has been compiled from authoritative sources. While every effort is made to ensure accuracy, please note that some figures may not be current or entirely precise.