| Source | UN (World Population Prospects 2024) |
| Date | 09 Dec 2024 |
As of 2024, the population of Panama is projected at 4.52 million, compared to 4.46 million in 2023. It ranks 129th in the world by population and 12th in North America. The population growth rate in 2024 is projected at 1.24 percent, the 89th highest among 237 countries and dependent territories.
There are 2.26 million males and 2.26 million females in Panama. The percentage of the male population is 50%, compared to 50% of the female population. Panama has 430 more males than females. The sex ratio in Panama in 2024 will be 100.019 males per 100 females. Panama is in the 160th position in terms of the female-to-male ratio.
| Year | Population | Growth (%) | M per 100 F | ||
|---|---|---|---|---|---|
| Male | Female | Total | |||
| 1950 | 441,003 | 419,846 | 860,850 | 2.38 | 105.039 |
| 1955 | 499,663 | 479,300 | 978,962 | 2.69 | 104.248 |
| 1960 | 573,336 | 552,668 | 1,126,005 | 2.93 | 103.740 |
| 1965 | 665,061 | 643,774 | 1,308,835 | 2.99 | 103.307 |
| 1970 | 767,679 | 745,390 | 1,513,070 | 2.82 | 102.990 |
| 1975 | 877,608 | 854,780 | 1,732,389 | 2.57 | 102.671 |
| 1980 | 990,126 | 967,408 | 1,957,534 | 2.37 | 102.348 |
| 1985 | 1,111,796 | 1,089,119 | 2,200,915 | 2.28 | 102.082 |
| 1990 | 1,238,532 | 1,217,051 | 2,455,583 | 2.14 | 101.765 |
| 1995 | 1,371,617 | 1,352,940 | 2,724,557 | 2.03 | 101.380 |
| 2000 | 1,513,123 | 1,497,245 | 3,010,369 | 1.95 | 101.060 |
| 2005 | 1,663,408 | 1,649,618 | 3,313,026 | 1.87 | 100.836 |
| 2010 | 1,819,276 | 1,809,258 | 3,628,535 | 1.77 | 100.554 |
| 2015 | 1,983,369 | 1,976,666 | 3,960,035 | 1.73 | 100.339 |
| 2020 | 2,148,782 | 2,144,479 | 4,293,261 | 1.21 | 100.201 |
| 2021 | 2,174,004 | 2,171,401 | 4,345,405 | 1.20 | 100.120 |
| 2022 | 2,201,198 | 2,199,575 | 4,400,773 | 1.33 | 100.074 |
| 2023 | 2,229,872 | 2,228,887 | 4,458,759 | 1.29 | 100.044 |
| 2024 | 2,258,003 | 2,257,573 | 4,515,577 | 1.24 | 100.019 |
| 2025 | 2,285,579 | 2,285,610 | 4,571,189 | 1.20 | 99.999 |
| Year | Life expectancy | Median age | Fertility rate |
|---|---|---|---|
| 1950 | 55.399 | 17.694 | 5.568 |
| 1955 | 57.484 | 17.113 | 5.734 |
| 1960 | 60.278 | 16.719 | 5.829 |
| 1965 | 62.337 | 16.424 | 5.728 |
| 1970 | 64.068 | 16.488 | 5.175 |
| 1975 | 67.243 | 16.993 | 4.414 |
| 1980 | 69.451 | 17.961 | 3.796 |
| 1985 | 70.544 | 19.167 | 3.427 |
| 1990 | 71.266 | 20.481 | 3.072 |
| 1995 | 71.994 | 21.901 | 2.852 |
| 2000 | 73.443 | 23.273 | 2.744 |
| 2005 | 75.160 | 24.572 | 2.643 |
| 2010 | 76.417 | 25.923 | 2.587 |
| 2015 | 77.583 | 27.268 | 2.530 |
| 2020 | 76.330 | 28.659 | 2.184 |
| 2021 | 77.004 | 28.957 | 2.152 |
| 2022 | 79.324 | 29.273 | 2.139 |
| 2023 | 79.594 | 29.603 | 2.119 |
| 2024 | 79.775 | 29.930 | 2.106 |
| 2025 | 79.957 | 30.253 | 2.089 |
| Year | Total | Crude(per 1000) | ||
|---|---|---|---|---|
| Death | Birth | Crude death | Crude birth | |
| 1950 | 11,144 | 34,787 | 12.946 | 40.410 |
| 1955 | 10,962 | 39,893 | 11.198 | 40.750 |
| 1960 | 10,808 | 46,238 | 9.598 | 41.064 |
| 1965 | 11,196 | 52,799 | 8.554 | 40.341 |
| 1970 | 11,460 | 56,535 | 7.574 | 37.364 |
| 1975 | 10,532 | 57,682 | 6.080 | 33.296 |
| 1980 | 10,399 | 59,476 | 5.312 | 30.383 |
| 1985 | 11,274 | 63,845 | 5.122 | 29.009 |
| 1990 | 12,445 | 65,894 | 5.068 | 26.835 |
| 1995 | 13,774 | 67,842 | 5.055 | 24.900 |
| 2000 | 14,538 | 70,773 | 4.829 | 23.510 |
| 2005 | 15,205 | 73,219 | 4.589 | 22.100 |
| 2010 | 16,725 | 76,140 | 4.609 | 20.984 |
| 2015 | 18,666 | 78,563 | 4.714 | 19.839 |
| 2020 | 25,176 | 71,775 | 5.864 | 16.718 |
| 2021 | 24,520 | 71,269 | 5.643 | 16.401 |
| 2022 | 20,910 | 71,463 | 4.751 | 16.239 |
| 2023 | 21,272 | 71,469 | 4.771 | 16.029 |
| 2024 | 22,189 | 71,650 | 4.914 | 15.867 |
| 2025 | 22,707 | 71,610 | 4.968 | 15.666 |
| Year | Population | Urban (%) | |
|---|---|---|---|
| Urban | Rural | ||
| 1950 | 307,441 | 552,218 | 35.763 |
| 1955 | 377,396 | 603,636 | 38.469 |
| 1960 | 467,323 | 665,598 | 41.249 |
| 1965 | 584,097 | 730,529 | 44.431 |
| 1970 | 723,791 | 795,508 | 47.640 |
| 1975 | 855,822 | 889,383 | 49.038 |
| 1980 | 998,139 | 980,439 | 50.447 |
| 1985 | 1,157,199 | 1,062,077 | 52.143 |
| 1990 | 1,331,936 | 1,139,073 | 53.903 |
| 1995 | 1,592,910 | 1,146,820 | 58.141 |
| 2000 | 1,884,828 | 1,145,519 | 62.198 |
| 2005 | 2,120,900 | 1,209,565 | 63.682 |
| 2010 | 2,373,195 | 1,270,027 | 65.140 |
| 2015 | 2,647,313 | 1,321,936 | 66.696 |
| 2020 | 2,934,512 | 1,354,818 | 68.414 |
| 2021 | 2,993,059 | 1,358,886 | 68.775 |
| 2022 | 3,051,878 | 1,362,091 | 69.141 |
| 2023 | 3,110,929 | 1,364,427 | 69.512 |
| 2024 | 3,170,174 | 1,365,894 | 69.888 |
| Age group | Male | Female | Total | M per 100 F | |
|---|---|---|---|---|---|
| Persons | Share (%) | ||||
| 00-04 | 182,539 | 173,310 | 355,849 | 7.88 | 105.325 |
| 05-09 | 198,083 | 187,520 | 385,603 | 8.54 | 105.633 |
| 10-14 | 195,789 | 186,909 | 382,697 | 8.48 | 104.751 |
| 15-19 | 187,090 | 179,346 | 366,436 | 8.11 | 104.318 |
| 20-24 | 181,804 | 175,209 | 357,013 | 7.91 | 103.764 |
| 25-29 | 175,875 | 171,289 | 347,163 | 7.69 | 102.677 |
| 30-34 | 168,488 | 165,824 | 334,312 | 7.40 | 101.607 |
| 35-39 | 161,522 | 159,418 | 320,940 | 7.11 | 101.320 |
| 40-44 | 149,583 | 148,648 | 298,231 | 6.60 | 100.629 |
| 45-49 | 136,577 | 136,906 | 273,483 | 6.06 | 99.760 |
| 50-54 | 127,279 | 129,546 | 256,825 | 5.69 | 98.250 |
| 55-59 | 111,404 | 115,573 | 226,977 | 5.03 | 96.393 |
| 60-64 | 91,177 | 96,523 | 187,700 | 4.16 | 94.461 |
| 65-69 | 69,783 | 75,495 | 145,278 | 3.22 | 92.434 |
| 70-74 | 51,406 | 58,566 | 109,971 | 2.44 | 87.774 |
| 75-79 | 34,123 | 42,054 | 76,177 | 1.69 | 81.141 |
| 80-84 | 20,986 | 28,767 | 49,753 | 1.10 | 72.952 |
| 85-89 | 10,371 | 16,977 | 27,348 | 0.61 | 61.089 |
| 90-94 | 3,390 | 7,285 | 10,675 | 0.24 | 46.534 |
| 95-99 | 668 | 2,047 | 2,715 | 0.06 | 32.633 |
| 100+ | 68 | 363 | 430 | 0.01 | 18.733 |
| Total | 2,258,005 | 2,257,575 | 4,515,576 | 100.019 | |