Panama - PA - PAN - PAN - Central America and the Caribbean

Last updated: April 17, 2024
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Diplomatic representation from the US

chief of mission: Ambassador Mari Carmen APONTE (since 21 November 2022)

embassy: Building 783, Demetrio Basilio Lakas Avenue, Clayton

mailing address: 9100 Panama City PL, Washington, DC 20521-9100

telephone: [507] 317-5000

FAX: [507] 317-5568

email address and website:

Age structure

0-14 years: 25.19% (male 569,439/female 540,143)

15-64 years: 64.87% (male 1,444,638/female 1,412,319)

65 years and over: 9.94% (2023 est.) (male 204,156/female 233,413)
2023 population pyramid
This is the population pyramid for Panama. A population pyramid illustrates the age and sex structure of a country's population and may provide insights about political and social stability, as well as economic development. The population is distributed along the horizontal axis, with males shown on the left and females on the right. The male and female populations are broken down into 5-year age groups represented as horizontal bars along the vertical axis, with the youngest age groups at the bottom and the oldest at the top. The shape of the population pyramid gradually evolves over time based on fertility, mortality, and international migration trends.

For additional information, please see the entry for Population pyramid on the Definitions and Notes page.

Geographic coordinates

9 00 N, 80 00 W

Sex ratio

at birth: 1.06 male(s)/female

0-14 years: 1.05 male(s)/female

15-64 years: 1.02 male(s)/female

65 years and over: 0.87 male(s)/female

total population: 1.02 male(s)/female (2023 est.)


1 (2024)

Natural hazards

occasional severe storms and forest fires in the Darien area

Area - comparative

slightly smaller than South Carolina
Area comparison map

slightly smaller than South Carolina


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 - named the Republic of Gran Colombia. When the latter 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 on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers 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, 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.

Environment - current issues

water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources

Environment - international agreements

party to: Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping-London Convention, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 2006, Wetlands, Whaling

signed, but not ratified: Marine Life Conservation

Population below poverty line

21.5% (2019 est.)

note: % of population with income below national poverty line

Household income or consumption by percentage share

lowest 10%: 1.2%

highest 10%: 39.4% (2021 est.)

note: % share of income accruing to lowest and highest 10% of population

Exports - commodities

refined petroleum, copper, bananas, ships, coal tar oil, packaged medicines (2019)

Exports - partners

Ecuador 20%, Guatemala 14%, China 8%, United States 6%, Netherlands 6% (2019)

Administrative divisions

10 provinces (provincias, singular - provincia) and 4 indigenous regions* (comarcas); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Embera-Wounaan*, Guna Yala*, Herrera, Los Santos, Naso Tjer Di*, Ngabe-Bugle*, Panama, Panama Oeste, Veraguas

Agricultural products

sugar cane, bananas, rice, poultry, milk, plantains, pineapples, maize, beef, pork

Military and security forces

no regular military forces; the paramilitary Panamanian Public Forces are under the Ministry of Public Security and include the Panama National Police (La Policía Nacional de Panamá, PNP), National Aeronaval Service (Servicio Nacional Aeronaval, SENAN), and National Border Service (Servicio Nacional de Fronteras, SENAFRONT) (2024)

note: the PNP includes a special forces directorate with counterterrorism and counternarcotics units; SENAFRONT has three regionally based border security brigades, plus a specialized brigade comprised of special forces, counternarcotics, maritime, and rapid reaction units


revenues: $9.743 billion (2020 est.)

expenditures: $15.145 billion (2020 est.)


name: Panama City

geographic coordinates: 8 58 N, 79 32 W

time difference: UTC-5 (same time as Washington, DC, during Standard Time)

etymology: according to tradition, the name derives from a former fishing area near the present capital - an indigenous village and its adjacent beach - that were called "panama" meaning "an abundance of fish"

Imports - commodities

ships, refined petroleum, crude petroleum, tanker ships, packaged medicines (2019)


tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)


2,490 km


history: several previous; latest effective 11 October 1972

amendments: proposed by the National Assembly, by the Cabinet, or by the Supreme Court of Justice; passage requires approval by one of two procedures: 1) absolute majority vote of the Assembly membership in each of three readings and by absolute majority vote of the next elected Assembly in a single reading without textual modifications; 2) absolute majority vote of the Assembly membership in each of three readings, followed by absolute majority vote of the next elected Assembly in each of three readings with textual modifications, and approval in a referendum; amended several times, last in 2004

Exchange rates

balboas (PAB) per US dollar -

Exchange rates:
1 (2022 est.)
1 (2021 est.)
1 (2020 est.)
1 (2019 est.)
1 (2018 est.)

Executive branch

chief of state: President Laurentino "Nito" CORTIZO Cohen (since 1 July 2019); Vice President Jose Gabriel CARRIZO Jaen (since 1 July 2019); note - the president is both chief of state and head of government

head of government: President Laurentino "Nito" CORTIZO Cohen (since 1 July 2019); Vice President Jose Gabriel CARRIZO Jaen (since 1 July 2019)

cabinet: Cabinet appointed by the president

elections/appointments: president and vice president directly elected on the same ballot by simple majority popular vote for a 5-year term; president eligible for a single non-consecutive term); election last held on 5 May 2019 (next to be held on 5 May 2024)

election results:
2019: Laurentino "Nito" CORTIZO Cohen elected president; percent of vote - Laurentino CORTIZO Cohen (PRD) 33.3%, Romulo ROUX (CD) 31%, Ricardo LOMBANA (independent) 18.8%, Jose BLANDON (Panamenista Party) 10.8%, Ana Matilde GOMEZ Ruiloba (independent) 4.8%, other 1.3%

2014: Juan Carlos VARELA elected president; percent of vote - Juan Carlos VARELA (PP) 39.1%, Jose Domingo ARIAS (CD) 31.4%, Juan Carlos NAVARRO (PRD) 28.2%, other 1.3%

Fiscal year

calendar year

Flag description

divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center; the blue and red colors are those of the main political parties (Conservatives and Liberals respectively) and the white denotes peace between them; the blue star stands for the civic virtues of purity and honesty, the red star signifies authority and law

Illicit drugs

not a major consumer or producer of illicit drugs; a prime sea and land passage for drugs, primarily cocaine, from South America to North America and Europe;   drug traffickers also use millions of shipping containers to smuggle drugs to North America and Europe through the Panama


3 November 1903 (from Colombia; became independent from Spain on 28 November 1821)


construction, brewing, cement and other construction materials, sugar milling

Judicial branch

highest court(s): Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 magistrates and 9 alternates and divided into civil, criminal, administrative, and general business chambers)

judge selection and term of office: magistrates appointed by the president for staggered 10-year terms

subordinate courts: appellate courts or Tribunal Superior; Labor Supreme Courts; Court of Audit; circuit courts or Tribunal Circuital (2 each in 9 of the 10 provinces); municipal courts; electoral, family, maritime, and adolescent courts

Land boundaries

total: 687 km

border countries (2): Colombia 339 km; Costa Rica 348 km

Land use

agricultural land: 30.5% (2018 est.)

arable land: 7.3% (2018 est.)

permanent crops: 2.5% (2018 est.)

permanent pasture: 20.7% (2018 est.)

forest: 43.6% (2018 est.)

other: 25.9% (2018 est.)

Legal system

civil law system; judicial review of legislative acts in the Supreme Court of Justice


definition: age 15 and over can read and write

total population: 95.7%

male: 98.8%

female: 95.4% (2019)

Maritime claims

territorial sea: 12 nm

contiguous zone: 24 nm

exclusive economic zone: 200 nm or edge of continental margin

International organization participation

BCIE, CAN (observer), CD, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, MIGA, NAM, OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

National holiday

Independence Day (Separation Day), 3 November (1903)


noun: Panamanian(s)

adjective: Panamanian

Natural resources

copper, mahogany forests, shrimp, hydropower

Geography - note

strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean

Economic 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


128 km oil (2013)

Political parties and leaders

Alliance Party or PA [Jose MUNOZ Molina]
Alternative Independent Socialist Party or PAIS [Jose ALVAREZ]
Democratic Change or CD [Romulo ROUX]
Democratic Revolutionary Party or PRD [Benicio ROBINSON]
Nationalist Republican Liberal Movement or MOLIRENA [Francisco "Pancho" ALEMAN]
Panamenista Party [Jose Isabel BLANDON Figueroa] (formerly the Arnulfista Party)
Popular Party or PP [Daniel Javier BREA Clavel] (formerly Christian Democratic Party or PDC)
Realizing Goals Party or RM [Ricardo Alberto MARTINELLI Berrocal]

Ports and terminals

major seaport(s): Balboa, Colon, Cristobal

container port(s) (TEUs): Balboa (3,561,432), Colon (4,915,975) (2021)


18 years of age; universal

Telecommunication systems

general assessment: Panama has seen a steady increase in revenue from the telecom sector in recent years; mobile services and broadband remain the key growth sectors, with mobile connections accounting for 90% of all connections, and over half of telecom sector revenue; the mobile market has effective competition; internet services have grown in recent years as consumers responded to government fixed-line projects, improved mobile broadband connectivity and mobile applications (2021)

domestic: fixed-line is 18 per 100 and subscribership of mobile-cellular telephone is 138 per 100 (2021)

international: country code - 507; landing points for the PAN-AM, ARCOS, SAC, AURORA, PCCS, PAC, and the MAYA-1 submarine cable systems that together provide links to the US and parts of the Caribbean, Central America, and South America; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System (2019)


interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills

Government type

presidential republic

Military - note

the Panama National Police is principally responsible for internal law enforcement and public order, while the National Border Service handles border security; the Aeronaval Service is responsible for carrying out air and naval operations that include some internal security responsibilities; key areas of focus are countering narcotics trafficking and securing the border, particularly along the southern border with Colombia where the National Border Service (SENAFRONT) maintains a significant presence

Panama created a paramilitary National Guard (Guardia Nacional de Panamá) in the 1950s from the former National Police (established 1904); the National Guard subsequently evolved into more of a military force with some police responsibilities; it seized power in a coup in 1968 and military officers ran the country until 1989; in 1983, the National Guard was renamed the Panama Defense Force (PDF); the PDF was disbanded after the 1989 US invasion and the current national police forces were formed in 1990; the armed forces were officially abolished under the 1994 Constitution (2023)

Country name

conventional long form: Republic of Panama

conventional short form: Panama

local long form: República de Panama

local short form: Panama

etymology: named after the capital city which was itself named after a former indigenous fishing village


Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica

Map references

Central America and the Caribbean

Irrigated land

407 sq km (2020)

Diplomatic representation in the US

chief of mission: Ambassador Ramón Eduardo MARTÍNEZ DE LA GUARDIA (since 16 September 2022)

chancery: 2862 McGill Terrace NW, Washington, DC 20008

telephone: [1] (202) 483-1407

FAX: [1] (202) 483-8413

email address and website:

consulate(s) general: Houston, Miami, Los Angeles, New Orleans, New York, Philadelphia, Tampa, Washington DC

Internet country code


Major infectious diseases

degree of risk: intermediate (2023)

food or waterborne diseases: bacterial diarrhea

vectorborne diseases: dengue fever

Refugees and internally displaced persons

refugees (country of origin): 147,424 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum or have received alternative legal stay) (2023)

GDP (official exchange rate)

$76.523 billion (2022 est.)

note: data in current dollars at official exchange rate

Credit ratings

Fitch rating: BBB (2011)

Moody's rating: Baa1 (2019)

Standard & Poors rating: BBB (2020)

note: The year refers to the year in which the current credit rating was first obtained.

Total renewable water resources

139.3 billion cubic meters (2020 est.)

School life expectancy (primary to tertiary education)

total: 13 years

male: 12 years

female: 13 years (2016)


urban population: 69.5% of total population (2023)

rate of urbanization: 1.92% annual rate of change (2020-25 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)

Drinking water source

improved: urban: 100% of population

rural: 88.1% of population

total: 96.2% of population

unimproved: urban: 0% of population

rural: 11.9% of population

total: 3.8% of population (2020 est.)

National anthem

name: "Himno Istmeno" (Isthmus Hymn)

lyrics/music: Jeronimo DE LA OSSA/Santos A. JORGE

note: adopted 1925
This is an audio of the National Anthem for Panama. The national anthem is generally a patriotic musical composition - usually in the form of a song or hymn of praise - that evokes and eulogizes the history, traditions, or struggles of a nation or its people. National anthems can be officially recognized as a national song by a country's constitution or by an enacted law, or simply by tradition. Although most anthems contain lyrics, some do not.

Major urban areas - population

1.977 million PANAMA CITY (capital) (2023)

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

Physicians density

1.63 physicians/1,000 population (2019)

Hospital bed density

2.3 beds/1,000 population (2016)

National symbol(s)

harpy eagle; national colors: blue, white, red

Demographic profile

Panama is a country of demographic and economic contrasts. It is in the midst of a demographic transition, characterized by steadily declining rates of fertility, mortality, and population growth, but disparities persist based on wealth, geography, and ethnicity. Panama has one of the fastest growing economies in Latin America and dedicates substantial funding to social programs, yet poverty and inequality remain prevalent. The indigenous population accounts for a growing share of Panama's poor and extreme poor, while the non-indigenous rural poor have been more successful at rising out of poverty through rural-to-urban labor migration. The government's large expenditures on untargeted, indirect subsidies for water, electricity, and fuel have been ineffective, but its conditional cash transfer program has shown some promise in helping to decrease extreme poverty among the indigenous population.

Panama has expanded access to education and clean water, but the availability of sanitation and, to a lesser extent, electricity remains poor. The increase in secondary schooling - led by female enrollment - is spreading to rural and indigenous areas, which probably will help to alleviate poverty if educational quality and the availability of skilled jobs improve. Inadequate access to sanitation contributes to a high incidence of diarrhea in Panama's children, which is one of the main causes of Panama's elevated chronic malnutrition rate, especially among indigenous communities.

Contraceptive prevalence rate

50.8% (2014/15)

GDP - composition, by end use

household consumption: 45.6% (2017 est.)

government consumption: 10.7% (2017 est.)

investment in fixed capital: 42.9% (2017 est.)

investment in inventories: 3% (2017 est.)

exports of goods and services: 41.9% (2017 est.)

imports of goods and services: -44.2% (2017 est.)

Dependency ratios

total dependency ratio: 53.8

youth dependency ratio: 40.6

elderly dependency ratio: 13.2

potential support ratio: 7.6 (2021 est.)


citizenship by birth: yes

citizenship by descent only: yes

dual citizenship recognized: no

residency requirement for naturalization: 5 years

Population distribution

population is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabited

Electricity access

population without electricity: (2020) less than 1 million

electrification - total population: 95.2% (2021)

electrification - urban areas: 99.7% (2021)

electrification - rural areas: 85.6% (2020)

National air transport system

number of registered air carriers: 4 (2020)

inventory of registered aircraft operated by air carriers: 122

annual passenger traffic on registered air carriers: 12,939,350 (2018)

annual freight traffic on registered air carriers: 47.63 million (2018) mt-km

Civil aircraft registration country code prefix


Sanitation facility access

improved: urban: 95.5% of population

rural: 69.1% of population

total: 87.2% of population

unimproved: urban: 4.5% of population

rural: 30.9% of population

total: 12.8% of population (2020 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.)


Roman Catholic 48.6%, Evangelical 30.2%, other 4.7%, agnostic 0.2%, atheist 0.2%, none 12.3%, unspecified 3.7% (2018 est.)


Spanish (official), indigenous languages (including Ngabere (or Guaymi), Buglere, Kuna, Embera, Wounaan, Naso (or Teribe), and Bri Bri), Panamanian English Creole (similar to Jamaican 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); note - many Panamanians are bilingual

major-language sample(s):
La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)

The World Factbook, the indispensable source for basic information.
Spanish audio sample

Imports - partners

China 21%, United States 19%, Japan 16%, Colombia 6%, Ecuador 5% (2019)

Disputes - international

Panama-Colombia: organized illegal narcotics operations in Colombia operate within the remote border region with Panama


highest point: Volcan Baru 3,475 m

lowest point: Pacific Ocean 0 m

mean elevation: 360 m

Current health expenditure

9.7% of GDP (2020)

Military and security service personnel strengths

approximately 27,000 Ministry of Public Security personnel (2023)

Military equipment inventories and acquisitions

Panama's security forces are lightly armed; Canada, Italy and the US have provided equipment to the security forces in recent years (2023)

Total water withdrawal

municipal: 760 million cubic meters (2020 est.)

industrial: 10 million cubic meters (2020 est.)

agricultural: 450 million cubic meters (2020 est.)

Waste and recycling

municipal solid waste generated annually: 1,472,262 tons (2015 est.)

Average household expenditures

on food: 15.7% of household expenditures (2018 est.)

on alcohol and tobacco: 1.7% of household expenditures (2018 est.)

Air pollutants

particulate matter emissions: 11.78 micrograms per cubic meter (2019 est.)

carbon dioxide emissions: 10.71 megatons (2016 est.)

methane emissions: 5.97 megatons (2020 est.)

Major lakes (area sq km)

salt water lake(s): Laguna de Chiriqui - 900 sq km

National heritage

total World Heritage Sites: 5 (2 cultural, 3 natural)

selected World Heritage Site locales: Caribbean Fortifications (c); Darien National Park (n); Talamanca Range-La Amistad National Park (n); Panamá Viejo and Historic District of Panamá (c); Coiba National Park (n)


production: 0 metric tons (2020 est.)

consumption: 1.118 million metric tons (2020 est.)

exports: 0 metric tons (2020 est.)

imports: 1.15 million metric tons (2020 est.)

proven reserves: 0 metric tons (2019 est.)

Electricity generation sources

fossil fuels: 24.5% of total installed capacity (2020 est.)

nuclear: 0% of total installed capacity (2020 est.)

solar: 2.7% of total installed capacity (2020 est.)

wind: 6.4% of total installed capacity (2020 est.)

hydroelectricity: 66.2% of total installed capacity (2020 est.)

tide and wave: 0% of total installed capacity (2020 est.)

geothermal: 0% of total installed capacity (2020 est.)

biomass and waste: 0.2% of total installed capacity (2020 est.)

Natural gas

production: 0 cubic meters (2021 est.)

consumption: 552.744 million cubic meters (2019 est.)

exports: 0 cubic meters (2021 est.)

imports: 552.744 million cubic meters (2019 est.)

proven reserves: 0 cubic meters (2021 est.)


total petroleum production: 0 bbl/day (2021 est.)

refined petroleum consumption: 143,700 bbl/day (2019 est.)

crude oil and lease condensate exports: 0 bbl/day (2018 est.)

crude oil and lease condensate imports: 0 bbl/day (2018 est.)

crude oil estimated reserves: 0 barrels (2021 est.)

Gross reproduction rate

1.15 (2023 est.)

Currently married women (ages 15-49)

58.6% (2023 est.)


0.68% of GDP (2022 est.)
0.84% of GDP (2021 est.)
0.8% of GDP (2020 est.)

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Labor force

2.05 million (2022 est.)

note: number of people ages 15 or older who are employed or seeking work

Youth unemployment rate (ages 15-24)

total: 30% (2021 est.)

male: 21.8%

female: 43.6%

Net migration rate

3.2 migrant(s)/1,000 population (2023 est.)

Median age

total: 31.2 years (2023 est.)

male: 30.8 years

female: 31.6 years

Debt - external

$101.393 billion (2019 est.)
$94.898 billion (2018 est.)

Maternal mortality ratio

50 deaths/100,000 live births (2020 est.)

Reserves of foreign exchange and gold

$6.876 billion (2022 est.)
$8.832 billion (2021 est.)
$9.614 billion (2020 est.)

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars


800 km (2011) (includes the 82-km Panama Canal that is being widened)

Refined petroleum products - imports

129,200 bbl/day (2015 est.)

Public debt

37.8% of GDP (2017 est.)
37.4% of GDP (2016 est.)

Total fertility rate

2.37 children born/woman (2023 est.)

Military expenditures

1.2% of GDP (2022 est.)
1.3% of GDP (2021 est.)
1.4% of GDP (2020 est.)
1.2% of GDP (2019)
1.1% of GDP (2018)

Unemployment rate

8.2% (2022 est.)
10.45% (2021 est.)
14.18% (2020 est.)

note: % of labor force seeking employment


4,404,108 (2023 est.)

Budget surplus (+) or deficit (-)

-1.6% (of GDP) (2017 est.)

Internet users

total: 2.992 million (2021 est.)

percent of population: 68% (2021 est.)

Carbon dioxide emissions

25.263 million metric tonnes of CO2 (2019 est.)

from coal and metallurgical coke: 1.905 million metric tonnes of CO2 (2019 est.)

from petroleum and other liquids: 22.281 million metric tonnes of CO2 (2019 est.)

from consumed natural gas: 1.077 million metric tonnes of CO2 (2019 est.)


total: 75,420 sq km

land: 74,340 sq km

water: 1,080 sq km

Taxes and other revenues

7.46% (of GDP) (2021 est.)

note: central government tax revenue as a % of GDP

Real GDP (purchasing power parity)

$146.658 billion (2022 est.)
$132.352 billion (2021 est.)
$114.258 billion (2020 est.)

note: data in 2017 dollars


76 (2024)

Infant mortality rate

total: 15.3 deaths/1,000 live births (2023 est.)

male: 16.5 deaths/1,000 live births

female: 14 deaths/1,000 live births

Telephones - mobile cellular

total subscriptions: 6,003,255 (2021 est.)

subscriptions per 100 inhabitants: 138 (2021 est.)

Gini Index coefficient - distribution of family income

50.9 (2021 est.)

note: index (0-100) of income distribution; higher values represent greater inequality

Inflation rate (consumer prices)

2.86% (2022 est.)
1.63% (2021 est.)
-1.55% (2020 est.)

note: annual % change based on consumer prices

Refined petroleum products - exports

66 bbl/day (2015 est.)

Current account balance

-$3.001 billion (2022 est.)
-$2.051 billion (2021 est.)
-$189.254 million (2020 est.)

note: balance of payments - net trade and primary/secondary income in current dollars

Real GDP per capita

$33,300 (2022 est.)
$30,400 (2021 est.)
$26,600 (2020 est.)

note: data in 2017 dollars

Broadband - fixed subscriptions

total: 562,413 (2020 est.)

subscriptions per 100 inhabitants: 13 (2020 est.)

Tobacco use

total: 5% (2020 est.)

male: 7.7% (2020 est.)

female: 2.2% (2020 est.)

Obesity - adult prevalence rate

22.7% (2016)

Energy consumption per capita

98.946 million Btu/person (2019 est.)

Death rate

5.9 deaths/1,000 population (2023 est.)

Birth rate

17.7 births/1,000 population (2023 est.)


installed generating capacity: 4.106 million kW (2020 est.)

consumption: 10,808,780,000 kWh (2019 est.)

exports: 427 million kWh (2019 est.)

imports: 77 million kWh (2019 est.)

transmission/distribution losses: 1.309 billion kWh (2019 est.)

Merchant marine

total: 8,174 (2023)

by type: bulk carrier 2732, container ship 671, general cargo 1,428, oil tanker 866, other 2,477

Children under the age of 5 years underweight

3% (2019)


$35.692 billion (2022 est.)
$24.424 billion (2021 est.)
$17.614 billion (2020 est.)

note: balance of payments - imports of goods and services in current dollars


$36.145 billion (2022 est.)
$27.338 billion (2021 est.)
$19.792 billion (2020 est.)

note: balance of payments - exports of goods and services in current dollars

Telephones - fixed lines

total subscriptions: 811,488 (2022 est.)

subscriptions per 100 inhabitants: 18 (2021 est.)

Refined petroleum products - production

0 bbl/day (2015 est.)

Alcohol consumption per capita

total: 6.54 liters of pure alcohol (2019 est.)

beer: 5.29 liters of pure alcohol (2019 est.)

wine: 0.02 liters of pure alcohol (2019 est.)

spirits: 1.2 liters of pure alcohol (2019 est.)

other alcohols: 0.02 liters of pure alcohol (2019 est.)

Life expectancy at birth

total population: 78.4 years (2023 est.)

male: 75.6 years

female: 81.5 years

Real GDP growth rate

10.81% (2022 est.)
15.84% (2021 est.)
-17.67% (2020 est.)

note: annual GDP % growth based on constant local currency

Industrial production growth rate

12.73% (2022 est.)

note: annual % change in industrial value added based on constant local currency


total: 77 km (2014)

standard gauge: 77 km (2014) 1.435-m gauge

GDP - composition, by sector of origin

agriculture: 2.4% (2017 est.)

industry: 15.7% (2017 est.)

services: 82% (2017 est.)

Revenue from forest resources

0.08% of GDP (2018 est.)

Revenue from coal

0% of GDP (2018 est.)

Education expenditures

3.9% of GDP (2020 est.)

Population growth rate

1.51% (2023 est.)

Legislative branch

description: unicameral National Assembly or Asamblea Nacional (71 seats; 45 members directly elected in multi-seat constituencies - populous towns and cities - by open list proportional representation vote and 26 directly elected in single-seat constituencies - outlying rural districts - by simple majority vote; members serve 5-year terms)

last held on 5 May 2019 (next to be held on 5 May 2024)

election results:
percent of vote by party - NA; seats by party - PRD 35, CD 18, Panamenista 8, MOLIRENA 5, independent 5; composition as of February 2024 - men 55, women 16, percentage women 22.5%