2025 Edition Primary
Edition Builder
Introduction
Background
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.
Geography
Area
- Land
- 74,340 sq km
- Total
- 75,420 sq km
- Water
- 1,080 sq km
Area - comparative
slightly smaller than South Carolina
Climate
tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Coastline
2,490 km
Continent
North America
Elevation
- Highest point
- Volcan Baru 3,475 m
- Lowest point
- Pacific Ocean 0 m
- Mean elevation
- 360 m
Geographic coordinates
9 00 N, 80 00 W
Geography - note
strategic location on eastern end of isthmus forming land bridge that connects North and South America; controls the Panama Canal, which links the North Atlantic Ocean with the North Pacific Ocean via the Caribbean Sea
Irrigated land
394 sq km (2022)
Land boundaries
- Border countries
- Colombia 339 km; Costa Rica 348 km
- number of neighbors
- 2
- Total
- 687 km
Land use
- Agricultural land
- 29.5% (2023 est.)
- Agricultural land: arable land
- arable land: 7.6% (2023 est.)
- Agricultural land: permanent crops
- permanent crops: 1.6% (2023 est.)
- Agricultural land: permanent pasture
- permanent pasture: 20.3% (2023 est.)
- arable land
- 7.62%
- Forest
- 62.3% (2023 est.)
- Other
- 8.2% (2023 est.)
- permanent crops
- 1.56%
Landlocked
No
Location
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Major lakes (area sq km)
- Salt water lake(s)
- Laguna de Chiriqui - 900 sq km
Map links
- Google Maps
- https://goo.gl/maps/bUM8Yc8pA8ghyhmt6
- OpenStreetMap
- https://www.openstreetmap.org/relation/3406826
Map references
Central America and the Caribbean
Maritime claims
- Contiguous zone
- 24 nm
- Exclusive economic zone
- 200 nm or edge of continental margin
- Territorial sea
- 12 nm
Natural hazards
occasional severe storms and forest fires in the Darien area
Natural resources
copper, mahogany forests, shrimp, hydropower
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
Subregion
North America
Terrain
interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills
Time zone
- UTC-03:00
- number of time zones
- 1
People and Society
Age structure
- 0-14 years
- 25% (male 574,336/female 544,180)
- 15-64 years
- 64.8% (male 1,465,907/female 1,433,023)
- 65 years and over
- 10.1% (2024 est.) (male 211,014/female 241,781)
Alcohol consumption per capita
- Beer
- 5.29 liters of pure alcohol (2019 est.)
- Other alcohols
- 0.02 liters of pure alcohol (2019 est.)
- Spirits
- 1.2 liters of pure alcohol (2019 est.)
- Total
- 6.54 liters of pure alcohol (2019 est.)
- Wine
- 0.02 liters of pure alcohol (2019 est.)
Birth rate
17.11 births/1,000 population (2025 est.)
Children under the age of 5 years underweight
2.9% (2019 est.)
Currently married women (ages 15-49)
53.2% (2023 est.)
Death rate
- 5.48 deaths/1,000 population (2025 est.)
- adult female
- 65 per 1,000
- adult male
- 116 per 1,000
Dependency ratios
- Elderly dependency ratio
- 16 (2025 est.)
- Potential support ratio
- 6.3 (2025 est.)
- Total dependency ratio
- 54.4 (2025 est.)
- Youth dependency ratio
- 38.4 (2025 est.)
Drinking water source
- Improved: rural
- rural: 86.1% of population (2022 est.)
- Improved: total
- total: 94.7% of population (2022 est.)
- Improved: urban
- urban: 98.5% of population (2022 est.)
- Unimproved: rural
- rural: 13.9% of population (2022 est.)
- Unimproved: total
- total: 5.3% of population (2022 est.)
- Unimproved: urban
- urban: 1.5% of population (2022 est.)
Education expenditure
- Education expenditure (% GDP)
- 2.5% of GDP (2023 est.)
- Education expenditure (% national budget)
- 16.3% national budget (2024 est.)
Education expenditures
2 % of GDP
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.)
Gross reproduction rate
1.13 (2025 est.)
Health expenditure
- 8 % of GDP
- Health expenditure (as % of GDP)
- 9.7% of GDP (2021)
- Health expenditure (as % of national budget)
- 22.2% of national budget (2022 est.)
HIV/AIDS - adult prevalence rate
0.63%
Hospital bed density
1.9 beds/1,000 population (2020 est.)
Infant mortality rate
- Female
- 12.9 deaths/1,000 live births
- Male
- 15.4 deaths/1,000 live births
- neonatal
- 7 deaths/1,000 live births
- Total
- 13.2 deaths/1,000 live births (2025 est.)
Languages
- 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)
- Major-language sample(s)
- <br>La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)<br><br>The World Factbook, the indispensable source for basic information.
- number of languages
- 1
Life expectancy at birth
- Female
- 82.2 years
- Male
- 76.4 years
- Total population
- 79.2 years (2024 est.)
Literacy
- Female
- 95.9% (2024 est.)
- Male
- 97.3% (2024 est.)
- Total population
- 96.3% (2024 est.)
Major urban areas - population
1.977 million PANAMA CITY (capital) (2023)
Maternal mortality ratio
37 deaths/100,000 live births (2023 est.)
Median age
- Female
- 31.9 years
- Male
- 31 years
- Total
- 31.7 years (2025 est.)
Mother's mean age at first birth
57 births/1,000 women 15-19
Nationality
- Adjective
- Panamanian
- Noun
- Panamanian(s)
Net migration rate
2.82 migrant(s)/1,000 population (2025 est.)
Obesity - adult prevalence rate
22.7% (2016)
Physician density
1.63 physicians/1,000 population (2022)
Population
- Female
- 2,251,903
- Male
- 2,284,105
- Total
- 4,536,008 (2025 est.)
Population growth rate
1.44% (2025 est.)
Religions
Evangelical 55%, Roman Catholic 33.4%, none 10.1%, unspecified 1.5% (2023 est.)
Sanitation facility access
- Improved: rural
- rural: 70.1% of population (2022 est.)
- Improved: total
- total: 88% of population (2022 est.)
- Improved: urban
- urban: 96.1% of population (2022 est.)
- Unimproved: rural
- rural: 29.9% of population (2022 est.)
- Unimproved: total
- total: 12% of population (2022 est.)
- Unimproved: urban
- urban: 3.9% of population (2022 est.)
School life expectancy (primary to tertiary education)
- Female
- 14 years (2016 est.)
- Male
- 12 years (2016 est.)
- Total
- 13 years (2016 est.)
Sex ratio
- 0-14 years
- 1.06 male(s)/female
- 15-64 years
- 1.02 male(s)/female
- 65 years and over
- 0.87 male(s)/female
- At birth
- 1.06 male(s)/female
- Total population
- 1.02 male(s)/female (2024 est.)
Tobacco use
- Female
- 1.7% (2025 est.)
- Male
- 7.4% (2025 est.)
- Total
- 4.5% (2025 est.)
Total fertility rate
2.33 children born/woman (2025 est.)
Urbanization
- Rate of urbanization
- 1.92% annual rate of change (2020-25 est.)
- Urban population
- 69.5% of total population (2023)
Vaccination rate
- measles
- 93%
Government
Administrative divisions
10 provinces (<em>provincias</em>, singular - <em>provincia</em>) and 4 indigenous regions* (<em>comarcas</em>); Bocas del Toro, Chiriquí, Coclé, Colon, Darien, Embera-Wounaan*, Guna Yala*, Herrera, Los Santos, Naso Tjer Di*, Ngabe-Bugle*, Panama, Panama Oeste, Veraguas
Capital
- Etymology
- origin is unclear; may come from a Guaraní word meaning "place of many fish"
- Geographic coordinates
- 8 58 N, 79 32 W
- Name
- Panama City
- Time difference
- UTC-5 (same time as Washington, DC, during Standard Time)
Citizenship
- Citizenship by birth
- yes
- Citizenship by descent only
- yes
- Dual citizenship recognized
- no
- Residency requirement for naturalization
- 5 years
Coat of arms
- svg
- https://mainfacts.com/media/images/coats_of_arms/pa.svg
Constitution
- Amendment process
- 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
- History
- several previous; latest effective 11 October 1972
Country name
- alternative spellings
- PM, Collectivité territoriale de Saint-Pierre-et-Miquelon
- Conventional long form
- Republic of Panama
- Conventional short form
- Panama
- Etymology
- origin is unclear; may come from a Guarani word meaning "place of many fish"
- FIFA code
- PAN
- Local long form
- República de Panama
- local long form (fra)
- Collectivité territoriale de Saint-Pierre-et-Miquelon
- local long form (spa)
- República de Panamá
- Local short form
- Panama
Diplomatic representation from the US
- Chief of mission
- Ambassador Kevin Marino CABRERA (since 5 May 2025)
- Email address and website
- <br>Panama-ACS@state.gov<br><br>https://pa.usembassy.gov/
- Embassy
- Building 783, Demetrio Basilio Lakas Avenue, Clayton
- FAX
- [507] 317-5568
- Mailing address
- 9100 Panama City PL, Washington, DC 20521-9100
- Telephone
- [507] 317-5000
Diplomatic representation in the US
- Chancery
- 2862 McGill Terrace NW, Washington, DC 20008
- Chief of mission
- Ambassador José Miguel ALEMÁN HEALY (since 18 September 2024)
- Consulate(s) general
- Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, Tampa
- Email address and website
- <br>info@embassyofpanama.org<br><br>https://www.embassyofpanama.org/
- FAX
- [1] (202) 483-8413
- Telephone
- [1] (202) 483-1407
Executive branch
- Cabinet
- Cabinet appointed by the president
- Chief of state
- President José Raúl MULINO Quintero (since 1 July 2024)
- Election results
- <br><em>2024:</em> José Raúl MULINO Quintero elected president; percent of vote - José Raúl MULINO Quintero (RM) 34.2%, Ricardo Alberto LOMBANA González (MOCA) 24.6%, Martín Erasto TORRIJOS Espino (PP) 16%, Alberto ROUX Moses (CD) 11.4%, Zulay RODRÍGUEZ Lu (independent) 6.6%, José Gabriel CARRIZO Jaén (PRD) 5.9%, other 1.3%<br><br><em>2019:</em> 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 (Panameñista Party) 10.8%, Ana Matilde GOMEZ Ruiloba (independent) 4.8%, other 1.3%
- Election/appointment process
- 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)
- Expected date of next election
- May 2029
- Head of government
- President José Raúl MULINO Quintero (since 1 July 2024)
- Most recent election date
- 5 May 2024
- Note
- <strong>note:</strong> the president is both chief of state and head of government
Flag
<strong>description:</strong> divided into four equal rectangles; one of the top quadrants is white (left side) with a five-pointed blue star in the center, and the other is plain red; one of the bottom quadrants is plain blue (left side), and the other is white with a five-pointed red star in the center<br><br><strong>meaning:</strong> blue and red stand for the main political parties, and white for peace between them; the blue star stands for the civic virtues of purity and honesty, and the red star for authority and law
Flag description
The flag of Saint Pierre and Miquelon features a yellow three-masted sailing ship facing the hoist side riding on a blue background with wavy white lines. A black-over-white wavy line divides the ship from the white wavy lines. On the hoist side, a vertical band is divided into three heraldic arms: the top is red with a green diagonal cross extending to the corners and overlaid with a white cross, the middle is white with an ermine pattern, and the bottom is red with two yellow lions outlined in black.
Flag image
- svg
- https://flagcdn.com/pm.svg
Government type
presidential republic
Independence
3 November 1903 (from Colombia); 28 November 1821 (from Spain)
International law organization participation
accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction
International organization participation
ACS, 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, UNOOSA, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO
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
Legal system
civil law system; Supreme Court of Justice reviews legislative acts
Legislative branch
- Electoral system
- mixed system
- Expected date of next election
- May 2029
- Legislative structure
- unicameral
- Legislature name
- National Assembly (Asamblea Nacional)
- Most recent election date
- 5/5/2024
- Number of seats
- 71 (all directly elected)
- Parties elected and seats per party
- Realizing Goals (RM) (14); Democratic Revolutionary Party (PRD) (13); Democratic Change (CD) (8); Panamenista Party (8); Independents (20); Other (8)
- Percentage of women in chamber
- 21.7%
- Scope of elections
- full renewal
- Term in office
- 5 years
National color(s)
blue, white, red
National heritage
- 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); The Colonial Transisthmian Route of Panamá (c)
- Total World Heritage Sites
- 6 (3 cultural, 3 natural)
National holiday
Independence Day (Separation Day), 3 November (1903)
National symbol(s)
harpy eagle
Political parties
Alliance Party or PA<br>Alternative Independent Socialist Party or PAIS<br>Another Way Movement or MOCA<br>Democratic Change or CD<br>Democratic Revolutionary Party or PRD<br>Nationalist Republican Liberal Movement or MOLIRENA<br>Panameñista Party (formerly the Arnulfista Party)<br>Popular Party or PP (formerly Christian Democratic Party or PDC)<br>Realizing Goals Party or RM
Start of week
Monday
Suffrage
18 years of age; universal
UN Member
No
Economy
Agricultural products
- sugarcane, rice, bananas, oranges, oil palm fruit, chicken, plantains, maize, milk, pineapples (2023)
- note
- <b>note:</b> top ten agricultural products based on tonnage
Average household expenditures
- On alcohol and tobacco
- 1.6% of household expenditures (2023 est.)
- On food
- 15.4% of household expenditures (2023 est.)
Budget
- Expenditures
- $12.046 billion (2021 est.)
- Note
- <b>note:</b> central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated
- Revenues
- $7.57 billion (2021 est.)
Currency
- code
- EUR
- name
- euro (EUR) [€]
Current account balance
- $1.67 billion
- Current account balance 2022
- $28.769 million (2022 est.)
- Current account balance 2023
- -$2.581 billion (2023 est.)
- Current account balance 2024
- $1.672 billion (2024 est.)
- Note
- <b>note:</b> balance of payments - net trade and primary/secondary income in current dollars
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
Exchange rates
- Currency
- balboas (PAB) per US dollar -
- Exchange rates 2020
- 1 (2020 est.)
- Exchange rates 2021
- 1 (2021 est.)
- Exchange rates 2022
- 1 (2022 est.)
- Exchange rates 2023
- 1 (2023 est.)
- Exchange rates 2024
- 1 (2024 est.)
Exports
- $38.38 billion
- Exports 2022
- $35.717 billion (2022 est.)
- Exports 2023
- $37.905 billion (2023 est.)
- Exports 2024
- $37.376 billion (2024 est.)
- Note
- <b>note:</b> balance of payments - exports of goods and services in current dollars
Exports - commodities
- copper ore, ships, refined petroleum, bananas, fish (2023)
- note
- <b>note:</b> top five export commodities based on value in dollars
Exports - partners
- China 25%, Japan 10%, USA 6%, Thailand 5%, Costa Rica 5% (2023)
- note
- <b>note:</b> top five export partners based on percentage share of exports
Foreign direct investment
- net inflows
- $3.24 billion
GDP - composition, by end use
- Exports of goods and services
- 46.5% (2023 est.)
- Government consumption
- 12.2% (2023 est.)
- Household consumption
- 46.7% (2023 est.)
- Imports of goods and services
- -43.1% (2023 est.)
- Investment in fixed capital
- 32.3% (2023 est.)
- Investment in inventories
- 5.4% (2023 est.)
- Note
- <b>note:</b> figures may not total 100% due to rounding or gaps in data collection
GDP - composition, by sector of origin
- Agriculture
- 2.6% (2024 est.)
- Industry
- 26.3% (2024 est.)
- Note
- <b>note:</b> figures may not total 100% due to non-allocated consumption not captured in sector-reported data
- Services
- 68.8% (2024 est.)
GDP (official exchange rate)
- $86.26 billion (2024 est.)
- note
- <b>note:</b> data in current dollars at official exchange rate
GDP per capita (nominal)
$19,161
Gini Index coefficient - distribution of family income
- 49.8 (2019)
- Gini Index coefficient - distribution of family income 2023
- 48.9 (2023 est.)
- Note
- <b>note:</b> index (0-100) of income distribution; higher values represent greater inequality
GNI (gross national income)
$82.12 billion
GNI per capita
$18,010
Gross domestic investment
34 % of GDP
Household income or consumption by percentage share
- Highest 10%
- 36.9% (2023 est.)
- Lowest 10%
- 1.2% (2023 est.)
- Note
- <b>note:</b> % share of income accruing to lowest and highest 10% of population
Imports
- $34.02 billion
- Imports 2022
- $32.646 billion (2022 est.)
- Imports 2023
- $35.927 billion (2023 est.)
- Imports 2024
- $30.887 billion (2024 est.)
- Note
- <b>note:</b> balance of payments - imports of goods and services in current dollars
Imports - commodities
- crude petroleum, ships, refined petroleum, nitrogen compounds, cars (2023)
- note
- <b>note:</b> top five import commodities based on value in dollars
Imports - partners
- USA 15%, Colombia 13%, China 13%, Ecuador 13%, Japan 11% (2023)
- note
- <b>note:</b> top five import partners based on percentage share of imports
Industrial production growth rate
- -2.6% (2024 est.)
- note
- <b>note:</b> annual % change in industrial value added based on constant local currency
Industries
construction, brewing, cement and other construction materials, sugar milling
Inflation rate (consumer prices)
- 0.69%
- Inflation rate (consumer prices) 2022
- 2.9% (2022 est.)
- Inflation rate (consumer prices) 2023
- 1.5% (2023 est.)
- Inflation rate (consumer prices) 2024
- 0.7% (2024 est.)
- Note
- <b>note:</b> annual % change based on consumer prices
Labor force
- 2.206 million (2024 est.)
- note
- <b>note:</b> number of people ages 15 or older who are employed or seeking work
- total
- 2.29 million persons
Labor force - by occupation
- agriculture
- 16.04%
- industry
- 17.01%
- services
- 66.95%
Population below poverty line
- 21.8% (2021 est.)
- note
- <b>note:</b> % of population with income below national poverty line
Public debt
- Public debt 2016
- 37.4% of GDP (2016 est.)
Real GDP (purchasing power parity)
- $186.81 billion
- Note
- <b>note:</b> data in 2021 dollars
- Real GDP (purchasing power parity) 2022
- $148.891 billion (2022 est.)
- Real GDP (purchasing power parity) 2023
- $159.908 billion (2023 est.)
- Real GDP (purchasing power parity) 2024
- $164.484 billion (2024 est.)
Real GDP growth rate
- 2.75%
- Note
- <b>note:</b> annual GDP % growth based on constant local currency
- Real GDP growth rate 2022
- 10.8% (2022 est.)
- Real GDP growth rate 2023
- 7.4% (2023 est.)
- Real GDP growth rate 2024
- 2.9% (2024 est.)
Real GDP per capita
- $41,369
- Note
- <b>note:</b> data in 2021 dollars
- Real GDP per capita 2022
- $33,800 (2022 est.)
- Real GDP per capita 2023
- $35,900 (2023 est.)
- Real GDP per capita 2024
- $36,400 (2024 est.)
Remittances
- $531.59 million
- Note
- <b>note:</b> personal transfers and compensation between resident and non-resident individuals/households/entities
- Remittances 2022
- 0.7% of GDP (2022 est.)
- Remittances 2023
- 0.6% of GDP (2023 est.)
- Remittances 2024
- 0.6% of GDP (2024 est.)
Reserves of foreign exchange and gold
- $6.86 billion
- Note
- <b>note:</b> holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
- Reserves of foreign exchange and gold 2022
- $6.876 billion (2022 est.)
- Reserves of foreign exchange and gold 2023
- $6.757 billion (2023 est.)
- Reserves of foreign exchange and gold 2024
- $6.856 billion (2024 est.)
Revenue (excl grants)
11 % of GDP
Tax revenue
7 % of GDP
Taxes and other revenues
- 7.5% (of GDP) (2021 est.)
- note
- <b>note:</b> central government tax revenue as a % of GDP
Unemployment rate
- 8.36%
- Note
- <b>note:</b> % of labor force seeking employment
- Unemployment rate 2022
- 8.1% (2022 est.)
- Unemployment rate 2023
- 6.6% (2023 est.)
- Unemployment rate 2024
- 6.6% (2024 est.)
Youth unemployment rate (ages 15-24)
- Female
- 22.1% (2024 est.)
- Male
- 13.4% (2024 est.)
- Note
- <b>note:</b> % of labor force ages 15-24 seeking employment
- Total
- 16.8% (2024 est.)
Energy
Coal
- Consumption
- 863,000 metric tons (2023 est.)
- Imports
- 863,000 metric tons (2023 est.)
Electricity
- Consumption
- 11.777 billion kWh (2023 est.)
- consumption per capita
- 2,546 kWh
- Exports
- 404.9 million kWh (2023 est.)
- Imports
- 234 million kWh (2023 est.)
- Installed generating capacity
- 4.485 million kW (2023 est.)
- Transmission/distribution losses
- 924.16 million kWh (2023 est.)
Electricity access
- Electrification - rural areas
- 100%
- Electrification - total population
- 95% (2022 est.)
- Electrification - urban areas
- 99%
Electricity generation sources
- Biomass and waste
- 0.3% of total installed capacity (2023 est.)
- Fossil fuels
- 38.2% of total installed capacity (2023 est.)
- hydroelectric
- 66.3%
- Hydroelectricity
- 47.8% of total installed capacity (2023 est.)
- nuclear
- 0%
- renewable
- 79.28%
- Solar
- 6.8% of total installed capacity (2023 est.)
- Wind
- 6.9% of total installed capacity (2023 est.)
Energy consumption per capita
- 1,063 kg of oil equivalent
- Total energy consumption per capita 2023
- 78.01 million Btu/person (2023 est.)
Natural gas
- Consumption
- 564.786 million cubic meters (2023 est.)
- Imports
- 564.786 million cubic meters (2023 est.)
Petroleum
- Refined petroleum consumption
- 131,000 bbl/day (2023 est.)
Renewable energy consumption
28%
Communications
Broadband - fixed subscriptions
- per 100 inhabitants
- 18 per 100
- Subscriptions per 100 inhabitants
- 18 (2023 est.)
- Total
- 809,000 (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)
Internet country code
.pa
Internet users
- Percent of population
- 78% (2023 est.)
Postal code format
#####
Telephone calling code
+508
Telephones - fixed lines
- Subscriptions per 100 inhabitants
- 18 (2023 est.)
- Total subscriptions
- 811,000 (2023 est.)
Telephones - mobile cellular
- subscriptions per 100
- 157 per 100
- Subscriptions per 100 inhabitants
- 157 (2023 est.)
- Total subscriptions
- 6.98 million (2023 est.)
Transportation
Air transport
- passengers carried
- 15.75 million passengers
- registered carrier departures
- 123,804 departures
Airports
77 (2025)
Civil aircraft registration country code prefix
HP
Driving side
Right
Heliports
1 (2025)
Merchant marine
- By type
- bulk carrier 2732, container ship 671, general cargo 1,428, oil tanker 866, other 2,477
- Total
- 8,174 (2023)
Ports
- Key ports
- Bahia de las Minas, Balboa, Pedregal, Puerto Armuelles, Puerto Colon, Puerto Cristobal
- Large
- 0
- Medium
- 3
- Ports with oil terminals
- 5
- Size unknown
- 1
- Small
- 3
- Total ports
- 12 (2024)
- Very small
- 5
Railways
- Standard gauge
- 77 km (2014) 1.435-m gauge
- Total
- 77 km (2014)
Vehicle registration code
F
Military and Security
Land forces
- armored vehicles
- tanks
Military - note
the Panamanian Public Forces focus on law enforcement, border control, and maritime security; the National Police are responsible for internal law enforcement and public order, while the National Border Service (SENAFRONT) 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 frontier with Colombia where SENAFRONT maintains a significant presence<br><br>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 (2025)
Military and security forces
- no regular military forces<br><br>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)
- active duty personnel
- 28,000
- note
- <strong>note 1:</strong> collectively, the security forces are known as the Panamanian Public Forces <br><br><strong>note 2: </strong>the PNP includes a special forces directorate with counterterrorism and counternarcotics units; SENAFRONT has four regionally based border security brigades, plus a specialized brigade comprised of special forces, counternarcotics, maritime, and rapid reaction units
- percent of total labor force
- 1.33 %
Military and security service personnel strengths
approximately 30,000 Ministry of Public Security personnel (2025)
Military expenditures
- current USD
- $0
- Military Expenditures 2020
- 1.4% of GDP (2020 est.)
- Military Expenditures 2021
- 1.3% of GDP (2021 est.)
- Military Expenditures 2022
- 1.2% of GDP (2022 est.)
- Military Expenditures 2023
- 1.1% of GDP (2023 est.)
- Military Expenditures 2024
- 1.1% of GDP (2024 est.)
Military strength ranking
- PowerIndex score
- 3.5011
Transnational Issues
Illicit drugs
- USG identification
- <br>major illicit drug-producing and/or drug-transit country (2025)
Refugees and internally displaced persons
- Refugees
- 10,801 (2024 est.)
- Stateless persons
- 928 (2024 est.)
Terrorism
Terrorist group(s)
- Tren de Aragua (TdA)
- note
- <strong>note:</strong> details about the history, aims, leadership, organization, areas of operation, tactics, targets, weapons, size, and sources of support of the group(s) appear(s) in the Terrorism reference guide
Environment
Carbon dioxide emissions
- From coal and metallurgical coke
- 1.969 million metric tonnes of CO2 (2023 est.)
- From consumed natural gas
- 1.101 million metric tonnes of CO2 (2023 est.)
- From petroleum and other liquids
- 20.389 million metric tonnes of CO2 (2023 est.)
- Total emissions
- 23.458 million metric tonnes of CO2 (2023 est.)
Environmental issues
water pollution from agricultural runoff; deforestation of tropical rainforest; land degradation and soil erosion in Panama Canal; air pollution in urban areas; effects of mining
International environmental 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
Particulate matter emissions
11.9 micrograms per cubic meter (2019 est.)
Protected areas
27 % of total land area
Renewable electricity output
10 % of total
Total renewable water resources
139.304 billion cubic meters (2022 est.)
Total water withdrawal
- 1 % of internal resources
- Agricultural
- 446.1 million cubic meters (2022 est.)
- Industrial
- 6.2 million cubic meters (2022 est.)
- Municipal
- 759.1 million cubic meters (2022 est.)
Waste and recycling
- Municipal solid waste generated annually
- 1.472 million tons (2024 est.)
- Percent of municipal solid waste recycled
- 14.2% (2022 est.)