Panama
Most people overlook Panama's strength in fb merchant ships. Ranking #3 with 8,174, it's an overlooked achiever. See what other surprises Panama has in store.
Panama is a country in North America with a population of 4.54M and an area of 75,417 km². Life expectancy is 79.6 years.
At a Glance
The numbers that define this country
Life Expectancy
79.6 yearsHow many years a newborn can expect to live, based on current mortality rates.
Life Expectancy
79.6 yearsHow many years a newborn can expect to live, based on current mortality rates.
GDP Per Capita
$36.4KGDP per person, adjusted for purchasing power parity (PPP) so costs of living are comparable across countries.
Human Development Index
0.84The Human Development Index (HDI), combining life expectancy, education, and income into a single score from 0 to 1.
GDP Per Capita (PPP)
41.4KGDP per person, adjusted for purchasing power parity (PPP) so costs of living are comparable across countries.
University Enrollment Rate
53.7%Total university and college enrollment as a percentage of the typical college-age population.
Where They Stand Out
Global rankings worth knowing
🔧Merchant Ships
8.2KMerchant marine fleet size from CIA World Factbook.
🤝Inequality (Gini)
49.7A measure of income inequality where 0 means everyone earns the same and 100 means one person has everything.
📡Mobile Subscriptions (%)
157The number of mobile phone subscriptions per 100 people.
🌱Protected Land (%)
31.4%The percentage of land area designated as protected natural reserves or parks.
🍻Beer Consumption
3.53How many liters of beer the average adult (15+) drinks per year.
Did You Know?
Facts that catch players off guard
Ranks #3 globally in merchant ships
Merchant Ships: 8.2K
Merchant marine fleet size from CIA World Factbook.
Only ranks #162 in smoking rate
Smoking Rate: 5.2%
The percentage of people aged 15 and older who use tobacco products.
World Bank 2023Ranks #4 in inequality (gini) (lower is better)
Inequality (Gini): 49.7
A measure of income inequality where 0 means everyone earns the same and 100 means one person has everything.
World Bank 2023Only ranks #128 in railway length
Railway Length: 77
Total railway length from CIA World Factbook.
Has one of the highest rates of inflation rate
Inflation Rate: 0.7%
How much prices increased over the year, based on the cost of everyday goods and services.
World Bank 2023Surprised? See how you stack up.
Play NowHow Panama Compares
Country vs continent vs world averages
GDP per Capita
Above avgGDP per person, adjusted for purchasing power parity (PPP) so costs of living are comparable across countries.
World Bank 2023Life Expectancy
Above avgHow many years a newborn can expect to live, based on current mortality rates.
World Bank 2023Human Development Index
Above avgThe Human Development Index (HDI), combining life expectancy, education, and income into a single score from 0 to 1.
Our World in Data 2023Internet Users
Above avgThe percentage of people who have used the internet in the last 3 months.
World Bank 2023Think you can guess which countries rank higher?
Test Your IntuitionAbout Panama
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.
- Location
- Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
- 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
- Natural Resources
- copper, mahogany forests, shrimp, hydropower
- Natural Hazards
- occasional severe storms and forest fires in the Darien area
- Size Comparison
- slightly smaller than South Carolina
- 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)
- Religions
- Evangelical 55%, Roman Catholic 33.4%, none 10.1%, unspecified 1.5% (2023 est.)
- 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.)
- Major Cities
- 1.977 million PANAMA CITY (capital) (2023)
- Government Type
- presidential republic
- Capital
- Panama City
- Capital Coordinates
- 8 58 N, 79 32 W
- Capital Timezone
- UTC-5 (same time as Washington, DC, during Standard Time)
- Official Name
- Republic of Panama
- Name Origin
- origin is unclear; may come from a Guarani word meaning "place of many fish"
- Independence
- 3 November 1903 (from Colombia); 28 November 1821 (from Spain)
- National Symbols
- harpy eagle
- National Anthem
- "Himno Istmeno" (Isthmus Hymn)
- UNESCO Heritage
- 6 (3 cultural, 3 natural)
- 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
- Industries
- construction, brewing, cement and other construction materials, sugar milling
- Agricultural Products
- sugarcane, rice, bananas, oranges, oil palm fruit, chicken, plantains, maize, milk, pineapples (2023)
- Export Partners
- China 25%, Japan 10%, USA 6%, Thailand 5%, Costa Rica 5% (2023)
- Export Commodities
- copper ore, ships, refined petroleum, bananas, fish (2023)
- Import Partners
- USA 15%, Colombia 13%, China 13%, Ecuador 13%, Japan 11% (2023)
- Import Commodities
- crude petroleum, ships, refined petroleum, nitrogen compounds, cars (2023)
- Military 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)
- Energy Mix
- 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.)
- 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)
Deep Dive
68 of 87 metricsEvery stat we track, organized by category
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Share a Fact
Share something surprising about Panama!
How many years a newborn can expect to live, based on current mortality rates.
Frequently Asked Questions about Panama
Panama has a population of 4.54M, ranking #128 globally by population.
Panama is located in North America. It has an area of 75,417 km².
Life expectancy in Panama is 79.6 years, ranking #54 globally.
Panama's GDP per capita (PPP) is 41.4K, ranking #62 globally.
Panama ranks particularly high in Life Expectancy (#61), Life Expectancy (#54), GDP Per Capita (#60).
Panama has an HDI of 0.839, ranking #59 globally. The HDI combines life expectancy, education, and income indicators.
Panama has a population density of 60.1 people per km², ranking #142 globally.
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