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Panama

Republic of Panama

Capital
Panama City
Region
Latin America & Caribbean
Income group
High income
Population
4.6M (2025)
Area
75,417 km²
Currency
Panamanian balboa (PAB)
Data refreshed 11 Sep 2026Updated 7 h ago88 % coverage · 220 indicators
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At a glance

Twelve headline indicators, latest available year.

Population
129th of 218 · 19th in Latin America
GDP
82nd of 187 · 13th in Latin America
GDP per capita
58th of 187 · 9th in Latin America
GDP growth
64th of 187 · 8th in Latin America
Inflation
9th of 177 · 1st in Latin America
Unemployment
139th of 185 · 23rd in Latin America
Life expectancy
55th of 217 · 7th in Latin America
Median age
112th of 216 · 27th in Latin America
Gross debt / GDP
52nd of 94 · 7th in Latin America
CO₂ per capita
101st of 212 · 19th in Latin America
Renewable electricity
46th of 193 · 11th in Latin America
Internet users
115th of 182 · 22nd in Latin America

What changed in Panama

Statistically notable movements in the latest data.

  1. Record high2023Major
    Median age reached a record high of 29.6 years in 2023 (series since 1950).
  2. Sharp drop2023Major
    Tertiary enrolment fell 4.1 points to 53.7 % in 2023 (largest drop on record).
  3. Record high2025Major
    GDP reached a record high of US$ 90.5B in 2025 (series since 1960).
  4. Record high2025Major
    GDP per capita reached a record high of US$ 19,790 in 2025 (series since 1960).
  5. Reversal2025Major
    Inflation turned negative in 2025 (-0.2 %, after 0.7 % in 2024).
  6. Sharp rise2024Major
    Agricultural raw materials exports (% of merchandise exports) rose 3.4 points to 4.7 % in 2024 (largest rise on record).
  7. Sharp drop2024Major
    ICT goods exports (% of total goods exports) fell 17.0 points to 0.7 % in 2024 (largest drop on record).
  8. Sharp rise2024Major
    Government expenditure on education (% of government expenditure) rose 4.8 points to 16.3 % in 2024 (largest rise since 1995).

Countries similar to Panama

Nearest peers by standardised distance on the selected dimension.

Not enough data to compute peers.

Country DNA

Percentile rank among all countries on nine dimensions. Descriptive, not a score.

DNA not available for this country yet.

Key facts

Computed from the data — no model-generated numbers.

No verified insights yet.

Borders: Colombia, Costa Rica

Languages: Spanish

Timeline

Records, reversals and turning points across the whole history.

No events detected.

Explore Panama by topic

19 topics · 251 indicators with data.