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🇵🇦 Panama

Population: 4,571,189 in 2025 for Panama (North America), position 126 out of 213 worldwide. GDP per capita – Panama: $19,790 /inh. (2025), ranking 76 out of 211. Economic growth is 4.4 % (2025). The unemployment rate is 8.4 % (2025). Annual inflation stands at -0.2 % (2025).

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Strengths and weaknesses

Strengths – Panama, according to global rankings (rank/countries ranked): Share of adults with the right to vote (1/173), Women's legal equality: property and inheritance (1/186), Women's legal equality: childcare (1/186).

Weaknesses – Panama, according to global rankings (rank/countries ranked): Income share of the poorest 20% (167/169), Gini index (160/169), Budget balance (147/158).

Regional comparison

Comparable countries

From closest to furthest. The proximity score (0 to 100) compares each country’s position across all the indicators they have in common: 100 = identical profiles.

All indicators

·
Wealth & Growth 9
IndicatorValueYearWorld position
Net national income per capita$11,847 /inh.2021 53 of 184
GDP per capita, purchasing power parity$43,902 /inh.2025 62 of 201
GDP growth4.4 %2025 71 of 211
Gross national income per capita (Atlas method)$19,140 /inh.2025 72 of 205
GDP per capita$19,790 /inh.2025 76 of 211
GDP, purchasing power parity$200.7B2025 80 of 201
GDP per capita growth3.1 %2025 82 of 211
GDP$90.5B2025 83 of 211
Natural resource rents3.7 %2021 85 of 211
Prices, Inflation & Currency 6
IndicatorValueYearWorld position
Inflation (consumer prices)-0.2 %2025 11 of 191
Inflation (GDP deflator)0.2 %2025 25 of 210
Broad money supply (M3)76.2 %2008 51 of 164
Real interest rate4.6 %2022 77 of 146
Lending interest rate6.9 %2022 91 of 146
Official exchange rate1 LCU/$2025 160 of 211
Employment 8
IndicatorValueYearWorld position
Labor force participation rate (ages 15 and over)66.3 %2025 50 of 184
Employment rate (ages 15 and over)60.8 %2025 66 of 184
Employment in services67 %2025 71 of 184
Self-employed workers40.6 %2025 76 of 184
Employment in agriculture16 %2025 88 of 184
Employment in industry17 %2025 116 of 184
Youth unemployment (ages 15-24)19.8 %2025 135 of 184
Unemployment8.4 %2025 136 of 184
Foreign Trade 7
IndicatorValueYearWorld position
Services exports$20.1B2025 51 of 198
Exports of goods and services44.4 %2024 71 of 192
Current account balance-0.2 %2025 83 of 198
Trade openness83.7 %2024 94 of 192
Merchandise exports$11.9B2025 97 of 205
Imports of goods and services39.3 %2024 110 of 192
High-technology exports1.8 %2024 142 of 185
Investment, Tourism & Aid 6
IndicatorValueYearWorld position
International tourism receipts$1.8B2020 58 of 201
Foreign direct investment inflows (amount)$938.5M2025 99 of 203
Official development aid received0.5 %2023 108 of 160
International tourist arrivals647,000 arr.2020 117 of 202
Foreign direct investment inflows1 %2025 140 of 201
Migrant remittances received0.7 %2025 141 of 196
Public finances 7
IndicatorValueYearWorld position
Share of income taxes in government revenue29.1 %2024 53 of 159
Research and development spending0.2 %2024 115 of 155
Central government spending17.1 %2021 124 of 160
Government final consumption12.4 %2024 136 of 187
Budget balance-8.2 %2024 147 of 158
Tax revenue7.2 %2024 149 of 161
Military spending0 %2025 163 of 165
Finance & Reserves 4
IndicatorValueYearWorld position
Domestic credit to the private sector75.5 %2025 36 of 184
Stock market capitalization30 %2025 57 of 101
Total reserves (including gold)$6.2B2025 97 of 180
Reserves in months of imports1.7 months2025 147 of 177
Economic structure 7
IndicatorValueYearWorld position
Gross capital formation33.5 %2024 19 of 185
Gross savings33 %2024 30 of 178
Services70 %2025 35 of 202
Industry (including construction)24.9 %2025 89 of 205
Agriculture, forestry and fishing2.6 %2025 138 of 203
Household final consumption49 %2024 156 of 189
Manufacturing4.8 %2025 159 of 201
Population & Vital Statistics 13
IndicatorValueYearWorld position
Adults with an official ID98.5 %2024 35 of 145
Number of men per 100 women100 per 100 women2025 75 of 213
Share of men in the population50 %2025 75 of 213
Share of 15-64 year olds65.8 %2025 80 of 213
Boys per 100 girls at birth105.3 per 100 girls2024 90 of 213
Births registered with civil authorities96.7 %2019 94 of 178
Share of 0-14 year olds24.5 %2025 95 of 213
Share of people aged 65 and over9.7 %2025 100 of 213
Urban population66.2 %2025 100 of 213
Median age of the population29.6 yrs2023 124 of 226
Population4,571,189 inhab.2025 126 of 213
Age dependency ratio51.9 per 1002025 134 of 213
Share of women in the population50 %2025 139 of 213
Births, deaths and life expectancy 14
IndicatorValueYearWorld position
Female suicide rate1.4 per 100,0002023 21 of 183
Suicide rate4.6 per 100,0002023 37 of 183
Healthy life expectancy67.3 yrs2023 44 of 183
Male suicide rate8.3 per 100,0002023 45 of 183
Female life expectancy at birth82.7 yrs2024 51 of 213
Life expectancy at birth79.8 yrs2024 53 of 213
Male life expectancy at birth76.9 yrs2024 55 of 213
Population growth1.22 %2025 81 of 213
Road traffic deaths13.9 per 100,0002019 89 of 188
Infant mortality12 per 1,0002024 93 of 194
Children per woman2.11 children/woman2024 95 of 213
Birth rate15.9 per 1,0002024 96 of 213
Under-5 mortality15.3 per 1,0002024 100 of 194
Death rate4.9 per 1,0002024 192 of 213
Health and healthcare system 12
IndicatorValueYearWorld position
Health expenditure8.3 %2023 54 of 191
Measles vaccination93 %2024 74 of 191
Undernourishment4.7 %2024 81 of 167
Physicians1.63 per 1,0002022 98 of 193
Hospital beds2 per 1,0002023 107 of 190
Nurses and midwives3.35 per 1,0002022 110 of 196
HIV prevalence1.1 %2024 118 of 152
Access to basic sanitation89.1 %2024 127 of 211
New tuberculosis cases63 per 100,0002024 127 of 206
Access to basic drinking water95.3 %2024 128 of 211
Share of health spending paid directly by patients40.5 %2023 136 of 191
Open defecation3.1 %2024 154 of 211
Body and lifestyle 12
IndicatorValueYearWorld position
Tobacco use4.8 %2024 3 of 165
Tobacco use among men7.8 %2024 3 of 165
Tobacco use among women1.8 %2024 30 of 165
Mean body mass index of women27.7 kg/m²2016 44 of 190
Alcohol consumption per capita7.2 L/person2024 69 of 202
Mean body mass index of men26.2 kg/m²2016 89 of 190
Average height of men168.5 cm2014 127 of 198
Diabetes prevalence11.1 %2024 143 of 207
Obesity among adult men30.3 %2024 160 of 196
Average height of women155.5 cm2014 164 of 198
Obesity among adult women45 %2024 167 of 196
Adult obesity37.7 %2024 171 of 196
Origins, languages and religions 12
IndicatorValueYearWorld position
Share of the population: Jews0.2 %2020 14 of 192
Share of the population: Christians91.2 %2020 32 of 192
Share of the population: other religions (including folk religions)2.1 %2020 55 of 192
Share of the population: Buddhists0.2 %2020 63 of 192
Share of the population: Hindus0.1 %2020 64 of 192
Ethnic diversity (fractionalization index)0.552003 72 of 205
Share of immigrants in the population10.6 %2024 78 of 212
Share of the population: people with no religious affiliation6.2 %2020 78 of 192
Linguistic diversity (fractionalization index)0.392003 94 of 203
Religious diversity (fractionalization index)0.332003 135 of 204
Share of the population: Muslims0.1 %2020 168 of 192
Majority religionChristians (over 50%)2020114 countries out of 192 in the same category
Inequality 4
IndicatorValueYearWorld position
Income share of the richest 10%37.6 %2024 12 of 169
Extreme poverty3.1 %2024 90 of 169
Gini index49.72024 160 of 169
Income share of the poorest 20%3.6 %2024 167 of 169
Territory & Borders 8
IndicatorValueYearWorld position
Length of coastline2,490 km2026 47 of 227
Number of neighboring countries2 countries2026 108 of 223
Land area74,180 km²2024 115 of 212
Total area75,320 km²2024 118 of 212
Length of land borders687 km2026 130 of 230
Population density60.9 inh./km²2024 141 of 212
Latitude of the country's center8.5 °2026 154 of 232
Landlocked countryHas sea access2026183 countries out of 227 in the same category
Terrain, Water & Climate 6
IndicatorValueYearWorld position
Average annual rainfall2,928 mm2022 5 of 180
Renewable fresh water per person31,040 m³/inh.2022 19 of 181
Lowest point0 m2026 39 of 228
Highest point3,475 m2026 53 of 229
Average elevation360 m2026 103 of 166
Population living less than 5 m above sea level6 %2015 145 of 212
Land & Nature 4
IndicatorValueYearWorld position
Forest cover62.2 %2024 26 of 210
Protected land areas31.4 %2025 32 of 210
Arable land6.7 %2024 121 of 204
Agricultural land23.1 %2024 138 of 207
Democracy & Elections 13
IndicatorValueYearWorld position
Share of adults with the right to vote100 %2025 1 of 173
Minimum voting age18 yrs2026 12 of 222
Liberal democracy index0.582025 49 of 173
Electoral democracy index0.732025 50 of 173
Free and fair elections index0.842025 52 of 173
Participatory democracy index0.442025 53 of 173
Core civil society index0.842025 58 of 173
Egalitarian democracy index0.452025 60 of 173
Civil society participation index0.632025 111 of 173
Head of the executive chosen through multiparty electionsExecutive from multiparty elections2025141 countries out of 173 in the same category
Multiparty legislative electionsMultiparty legislative elections2025158 countries out of 167 in the same category
Multiparty national electionsMultiparty elections2025148 countries out of 167 in the same category
Political regimeElectoral democracy202555 countries out of 173 in the same category
Civil Liberties & Human Rights 9
Governance & Rule of Law 11
IndicatorValueYearWorld position
Rule of law index (V-Dem)0.692025 71 of 173
Voice and accountability (WGI)0.482025 73 of 203
Judicial constraints on the executive index0.692025 83 of 173
Political corruption index0.492025 85 of 173
Absence of corruption in the judiciary0.212025 86 of 173
Government effectiveness (WGI)0.222025 87 of 203
Political stability and absence of violence (WGI)0.242025 96 of 205
Regulatory quality (WGI)-0.122025 106 of 203
Corruption Perceptions Index33 pts2024 114 of 179
Rule of law (WGI)-0.32025 117 of 205
Control of corruption (WGI)-0.562025 139 of 205
Women's rights 17
IndicatorValueYearWorld position
Share of women among ministers35.3 %2025 37 of 192
Women subjected to partner violence (past 12 months)10.1 %2009 47 of 106
Share of women in parliament21.7 %2025 115 of 192
Year women gained the right to vote1,9462025 135 of 189
Paid maternity leave98 days or more of paid leave2025121 countries out of 186 in the same category
Paid paternity leavePaid leave of less than 14 days202561 countries out of 186 in the same category
Women's right to voteRight to vote granted to all women2025189 countries out of 194 in the same category
Women's right to take a job without permissionSame right as men2025168 countries out of 186 in the same category
Women's right to travel abroadSame right as men2025171 countries out of 186 in the same category
Equal inheritance between sons and daughtersEqual rights for sons and daughters2025146 countries out of 186 in the same category
Equal pay for work of equal valueNot written into law202588 countries out of 186 in the same category
Equal property ownership rightsEqual rights for men and women2025165 countries out of 186 in the same category
Ban on gender discrimination in employmentDiscrimination prohibited by law2025157 countries out of 186 in the same category
Femicide lawSpecific provision in the law202535 countries out of 186 in the same category
Law on sexual harassmentOne to three areas covered2025151 countries out of 186 in the same category
Law on domestic violenceComprehensive law202593 countries out of 186 in the same category
Legal quota for women on company boardsLower quota (under 40% or at least one woman)202525 countries out of 186 in the same category
Women's Legal Equality (Indices) 11
LGBTQ+ rights 17
IndicatorValueYearWorld position
LGBT rights index (composite policy index)1.9 pts2025 95 of 194
Joint adoption by a same-sex coupleNot allowed2025155 countries out of 194 in the same category
Age of sexual consent: same-sex couplesSame as for different-sex couples2025120 countries out of 194 in the same category
Legal change of gender markerPossible with a medical diagnosis202524 countries out of 194 in the same category
Anti-LGBT hate crimes: aggravating circumstanceNot covered2025126 countries out of 194 in the same category
Ban on incitement to anti-LGBT hatredNot prohibited2025141 countries out of 194 in the same category
Ban on non-consensual surgeries on intersex childrenNot banned2025182 countries out of 194 in the same category
Ban on conversion therapiesNot banned2025169 countries out of 194 in the same category
Laws limiting public LGBT expression (“propaganda”)No restrictions2025149 countries out of 194 in the same category
Same-sex marriage and civil unionMarriage defined as the union of a man and a woman202598 countries out of 194 in the same category
Death penalty for same-sex relationsNo death penalty provided for2025185 countries out of 194 in the same category
Protection against employment discrimination (sexual orientation, gender identity)No protection2025107 countries out of 194 in the same category
Protection from discrimination in goods and services (LGBT)Sexual orientation only202521 countries out of 194 in the same category
Protection of sexual orientation and gender identity in the constitutionNot mentioned2025180 countries out of 194 in the same category
Legal recognition of a third genderNot recognized2025174 countries out of 194 in the same category
Same-sex sexual relationsLegal2025130 countries out of 194 in the same category
Gender-affirming care: coverage and restrictionsNeither coverage nor national restriction2025149 countries out of 194 in the same category
Justice and security 8
IndicatorValueYearWorld position
Homicide rate11.7 per 100,0002023 160 of 192
United Nations Convention against TortureState party2026171 countries out of 202 in the same category
International Covenant on Civil and Political Rights (ICCPR)State party2026172 countries out of 202 in the same category
Civilian access to handgunsLicence granted as of right if conditions are met202626 countries out of 113 in the same category
Rome Statute of the International Criminal CourtState party2026117 countries out of 202 in the same category
Legal status of the death penaltyAbolished for all crimes2026112 countries out of 195 in the same category
Legal status of cannabis (medical use)Allowed202645 countries out of 180 in the same category
Legal status of cannabis (recreational use)Prohibited2026144 countries out of 194 in the same category
Health and reproductive rights 6
IndicatorValueYearWorld position
Use of modern contraceptives46.9 %2015 87 of 181
Maternal mortality37 per 100,0002023 88 of 192
Unmet need for contraception24.2 %2015 115 of 150
Births attended by skilled health personnel95 %2019 132 of 204
Adolescent birth rate55.9 per 1,0002024 157 of 213
Abortion: grounds allowed by lawAllowed for health reasons, rape or fetal impairment202670 countries out of 191 in the same category
Work and social rights 6
Family & Nationality 10
IndicatorValueYearWorld position
Age of civil majority18 yrs2026 21 of 187
Years of residence required for naturalization5 yrs2026 66 of 152
Women married before age 1826.4 %2013 101 of 144
Dual nationalityNot recognised202698 countries out of 191 in the same category
Women's right to be head of householdSame right as men2025157 countries out of 186 in the same category
Women's right to divorceSame right as men2025142 countries out of 186 in the same category
Legal framework on child marriageAt least one condition is missing2025141 countries out of 186 in the same category
Nationality acquired by birth on the territoryNationality acquired automatically by birth in the country202638 countries out of 192 in the same category
Wife's legal duty of obedience to her husbandNo duty of obedience in the law2025168 countries out of 186 in the same category
Legal status of polygamyNot recognized (prohibited)2026107 countries out of 167 in the same category
Civic duties 3
IndicatorValueYearWorld position
Age of entry into primary school6 yrs2025 33 of 207
Duration of compulsory schooling11 yrs2025 61 of 194
Compulsory votingVoluntary voting2026199 countries out of 226 in the same category

Frequently asked questions

How many people live in Panama?

Panama has about 4,571,189 inhabitants (2025), ranking 126 worldwide out of 213 countries.

What is the GDP per capita of Panama?

GDP per capita is $19,790 /inh. (2025): Panama ranks 76 out of 211 countries.

What is the inflation rate in Panama?

Annual inflation is -0.2 % (2025); Panama ranks 11 out of 191 (ranked from lowest to highest).

What is the unemployment rate in Panama?

The unemployment rate is 8.4 % (2025); Panama ranks 136 out of 184 (ranked from lowest to highest).

Where does Panama stand in its region (North America)?

GDP per capita: Panama has $19,790 /inh., close to the regional median (North America: $19,970 /inh.).

Where do the figures on Panama come from?

The data comes from public sources (World Bank, CIA World Factbook…), cited on each indicator page, with the year of each value.

Rank is the position in the world ranking for each indicator (the ranking direction is given on the indicator's page). Sources and update dates are on each indicator's page.