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Panama — Population

Population, Total for Panama, 1960–2025.

Latest value · 2025
4.57 million
Population, Total · people · +306.0% since 1960

Population for Panama was 4.57 million in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The latest year is also the highest value on record for this series. The lowest was 1.13 million in 1960 (about 4.1× the low point). Across that span the compound annual growth rate works out to 2.18% per year.

Panama ranks 128 of 217 economies on this measure (1 = highest), putting it in the top 59%. The median for Latin America & Caribbean is 3.18 million, so Panama sits above it. Over the last decade (2015–2025) the figure moved up 15%.

Key figures

Latest (2025)
4.57 million
First (1960)
1.13 million
Change
+306.0%
Highest
4.57 million
in 2025
Lowest
1.13 million
in 1960
Average
2.69 million
Annual growth (CAGR)
2.18%
Years of data
66

Recent years

Yearpeople
20254,571,189
20244,515,577
20234,458,759
20224,400,773
20214,345,405
20204,293,261
20194,234,700
20184,167,860
20174,098,707
20164,029,086
20153,960,035
20143,892,101
Reading this correctly. Total population based on the de facto definition, which counts all residents regardless of legal status or citizenship. Figures are in people. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Related data

Source. World Bank Open Data, indicator SP.POP.TOTL — Population, Total. Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.