Over a million of Panama's citizens were aged below 15 years, as of July 2022. Meanwhile, the number of people aged between 35 and 39 years old in the Central American country was of more than *******. Most of the Panamanian population lives in the capital, Panama City.

This statistic shows the total population of Panama from 2020 to 2023, with projections up until 2030. In 2023, the total population of Panama amounted to approximately 4.45 million inhabitants. Panama's population Even though the population growth trend in Panama is pointing upwards, a total of only 4.42 million people are expected to inhabit the country by 2020. This is about the size of a medium city in many other parts of the world, and it is relatively small in comparison to other South-American countries. The largest city in Panama is its capital, Panama City, located at the Pacific Ocean on the famous Panama Canal, with a population of about 430,000. The second largest city is San Miguelito with 320,000. The Panama Canal serves to fuel the services sector, and the country's overall GDP per capita is increasing steadily. By 2020, GDP per capita is expected to reach around 17,000 U.S. dollars. A total of 16.7 percent of employment still belongs to the agricultural sector, which is quite high considering that agriculture composes a very small share of total GDP. As is the case with many developing countries, agriculture remains an important source of income for many inhabitants. Addtionally, more than half of Panama's inhabitants live in urban areas. This means that while urbanization is still underway a fairly large proportion of inhabitants still live in rural areas.

In 2024, the population of Panama amounted to approximately 4.52 million inhabitants, with the same number of women and men at 2.26 million each. Compared to 2008, the population of this Central American country increased by over 35 percent.

About this dataset

Context

The dataset tabulates the Panama City population over the last 20 plus years. It lists the population for each year, along with the year on year change in population, as well as the change in percentage terms for each year. The dataset can be utilized to understand the population change of Panama City across the last two decades. For example, using this dataset, we can identify if the population is declining or increasing. If there is a change, when the population peaked, or if it is still growing and has not reached its peak. We can also compare the trend with the overall trend of United States population over the same period of time.

Key observations

In 2023, the population of Panama City was 35,660, a 2.57% increase year-by-year from 2022. Previously, in 2022, Panama City population was 34,768, an increase of 1.73% compared to a population of 34,178 in 2021. Over the last 20 plus years, between 2000 and 2023, population of Panama City decreased by 639. In this period, the peak population was 37,186 in the year 2016. The numbers suggest that the population has already reached its peak and is showing a trend of decline. Source: U.S. Census Bureau Population Estimates Program (PEP).

Content

When available, the data consists of estimates from the U.S. Census Bureau Population Estimates Program (PEP).

Data Coverage:

• From 2000 to 2023

Variables / Data Columns

• Year: This column displays the data year (Measured annually and for years 2000 to 2023)
• Population: The population for the specific year for the Panama City is shown in this column.
• Year on Year Change: This column displays the change in Panama City population for each year compared to the previous year.
• Change in Percent: This column displays the year on year change as a percentage. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Panama City Population by Year. You can refer the same here

About this dataset

Context

The dataset tabulates the data for the Panama City Beach, FL population pyramid, which represents the Panama City Beach population distribution across age and gender, using estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. It lists the male and female population for each age group, along with the total population for those age groups. Higher numbers at the bottom of the table suggest population growth, whereas higher numbers at the top indicate declining birth rates. Furthermore, the dataset can be utilized to understand the youth dependency ratio, old-age dependency ratio, total dependency ratio, and potential support ratio.

Key observations

• Youth dependency ratio, which is the number of children aged 0-14 per 100 persons aged 15-64, for Panama City Beach, FL, is 19.5.
• Old-age dependency ratio, which is the number of persons aged 65 or over per 100 persons aged 15-64, for Panama City Beach, FL, is 26.2.
• Total dependency ratio for Panama City Beach, FL is 45.7.
• Potential support ratio, which is the number of youth (working age population) per elderly, for Panama City Beach, FL is 3.8.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Age groups:

• Under 5 years
• 5 to 9 years
• 10 to 14 years
• 15 to 19 years
• 20 to 24 years
• 25 to 29 years
• 30 to 34 years
• 35 to 39 years
• 40 to 44 years
• 45 to 49 years
• 50 to 54 years
• 55 to 59 years
• 60 to 64 years
• 65 to 69 years
• 70 to 74 years
• 75 to 79 years
• 80 to 84 years
• 85 years and over

Variables / Data Columns

• Age Group: This column displays the age group for the Panama City Beach population analysis. Total expected values are 18 and are define above in the age groups section.
• Population (Male): The male population in the Panama City Beach for the selected age group is shown in the following column.
• Population (Female): The female population in the Panama City Beach for the selected age group is shown in the following column.
• Total Population: The total population of the Panama City Beach for the selected age group is shown in the following column.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Panama City Beach Population by Age. You can refer the same here

. CEIC has a plan to remove the non-standard frequency indicator after the standard frequency indicator has been added and be available on this table. 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 9.5 % in Aug 2024
• Monthly earnings of the Panama population was 1,310.4 USD in Aug 2024
• Panama Labour Force Participation Rate increased to 63.3 % in Aug 2024

Panama Population: 40-44 data was reported at 277,685.000 Person in 2017. This records an increase from the previous number of 274,032.000 Person for 2016. Panama Population: 40-44 data is updated yearly, averaging 96,737.000 Person from Jun 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 277,685.000 Person in 2017 and a record low of 39,038.000 Person in 1950. Panama Population: 40-44 data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.G001: Population.

The total population of Panama was estimated at 4.51 million people in 2024. Following a continuous upward trend, the total population has risen by 2.53 million people from 1980 to 2024. Looking forward, the total population will rise by 280,000 people until 2030, showing an overall upward trend with periodic ups and downs.This indicator describes the total population in the country at hand. This total population of the country consists of all persons falling within the scope of the census.

Panama Population: Male: 65-69 data was reported at 52,542.000 Person in 2017. This records an increase from the previous number of 50,564.000 Person for 2016. Panama Population: Male: 65-69 data is updated yearly, averaging 17,771.000 Person from Jun 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 52,542.000 Person in 2017 and a record low of 6,819.000 Person in 1950. Panama Population: Male: 65-69 data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.G001: Population.

The total population in Panama was estimated at 4.5 million people in 2024, according to the latest census figures and projections from Trading Economics. This dataset provides - Panama Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

While the province of Panama — which includes Panama City — remains the most populated of the Republic of Panama, with approximately **** million inhabitants as of July 1st 2021, the recently created province of Panama Oeste comes in second place in terms of population. Furthermore, the overall population of the Central American country has been increasing lately.

Comprehensive demographic dataset for Panama, NY, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

About this dataset

Context

The dataset tabulates the Panama population distribution across 18 age groups. It lists the population in each age group along with the percentage population relative of the total population for Panama. The dataset can be utilized to understand the population distribution of Panama by age. For example, using this dataset, we can identify the largest age group in Panama.

Key observations

The largest age group in Panama, IL was for the group of age 60-64 years with a population of 45 (18.29%), according to the 2021 American Community Survey. At the same time, the smallest age group in Panama, IL was the 75-79 years with a population of 4 (1.63%). Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Age groups:

• Under 5 years
• 5 to 9 years
• 10 to 14 years
• 15 to 19 years
• 20 to 24 years
• 25 to 29 years
• 30 to 34 years
• 35 to 39 years
• 40 to 44 years
• 45 to 49 years
• 50 to 54 years
• 55 to 59 years
• 60 to 64 years
• 65 to 69 years
• 70 to 74 years
• 75 to 79 years
• 80 to 84 years
• 85 years and over

Variables / Data Columns

• Age Group: This column displays the age group in consideration
• Population: The population for the specific age group in the Panama is shown in this column.
• % of Total Population: This column displays the population of each age group as a proportion of Panama total population. Please note that the sum of all percentages may not equal one due to rounding of values.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Panama Population by Age. You can refer the same here

Panama Population: Estimate data was reported at 4,509,530.000 Person in 2024. This records an increase from the previous number of 4,452,823.000 Person for 2023. Panama Population: Estimate data is updated yearly, averaging 2,323,965.000 Person from Jun 1950 (Median) to 2024, with 75 observations. The data reached an all-time high of 4,509,530.000 Person in 2024 and a record low of 859,658.000 Person in 1950. Panama Population: Estimate data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.G001: Population.

Panama Population: 70-74 data was reported at 82,527.000 Person in 2017. This records an increase from the previous number of 79,521.000 Person for 2016. Panama Population: 70-74 data is updated yearly, averaging 25,839.000 Person from Jun 1950 (Median) to 2017, with 68 observations. The data reached an all-time high of 82,527.000 Person in 2017 and a record low of 8,819.000 Person in 1950. Panama Population: 70-74 data remains active status in CEIC and is reported by National Institute of Statistics and Census. The data is categorized under Global Database’s Panama – Table PA.G001: Population.

Complete population data for Panama showing how many people live in Panama from 1960 to 2024

Population trends and statistics

Panama PA: Population: Growth data was reported at 1.585 % in 2017. This records a decrease from the previous number of 1.621 % for 2016. Panama PA: Population: Growth data is updated yearly, averaging 2.135 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 2.986 % in 1963 and a record low of 1.585 % in 2017. Panama PA: Population: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Population and Urbanization Statistics. Annual population growth rate for year t is the exponential rate of growth of midyear population from year t-1 to t, expressed as a percentage . Population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship.; ; Derived from total population. Population source: (1) United Nations Population Division. World Population Prospects: 2017 Revision, (2) Census reports and other statistical publications from national statistical offices, (3) Eurostat: Demographic Statistics, (4) United Nations Statistical Division. Population and Vital Statistics Reprot (various years), (5) U.S. Census Bureau: International Database, and (6) Secretariat of the Pacific Community: Statistics and Demography Programme.; Weighted average;

Panama PA: Population: Total data was reported at 4,098,587.000 Person in 2017. This records an increase from the previous number of 4,034,119.000 Person for 2016. Panama PA: Population: Total data is updated yearly, averaging 2,394,054.500 Person from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 4,098,587.000 Person in 2017 and a record low of 1,132,921.000 Person in 1960. Panama PA: Population: Total data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Panama – Table PA.World Bank.WDI: Population and Urbanization Statistics. Total population is based on the de facto definition of population, which counts all residents regardless of legal status or citizenship. The values shown are midyear estimates.; ; (1) United Nations Population Division. World Population Prospects: 2017 Revision. (2) Census reports and other statistical publications from national statistical offices, (3) Eurostat: Demographic Statistics, (4) United Nations Statistical Division. Population and Vital Statistics Reprot (various years), (5) U.S. Census Bureau: International Database, and (6) Secretariat of the Pacific Community: Statistics and Demography Programme.; Sum; Relevance to gender indicator: disaggregating the population composition by gender will help a country in projecting its demand for social services on a gender basis.

Population in the largest city (% of urban population) in Panama was reported at 63.87 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Panama - Population in the largest city - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.