Country profile
Panama
Republic of Panama · Central America
👥 Population
4,571,189
World Bank · 2025
🏛 Capital
Panama City
🗺 Area
75,417 km²
💹 GDP (nominal)
$90.46B
World Bank · 2025
📈 HDI
0.839
UNDP · 2023
📍 Pop. density
61 /km²
💱 Currency
PAB, USD
Panamanian balboa
🗣 Languages
Spanish
About Panama
Panama (officially Republic of Panama) is a country in Central America, with Panama City as its capital. It is home to roughly 4.57 million people, giving a population density of about 61 people per square kilometre. The country covers 75,417 km² of land and shares land borders with 2 neighbouring countries. Its economy is valued at approximately $90.46B in nominal GDP (2025), and it records a Human Development Index of 0.839. The official currency is the Panamanian balboa (PAB), and the main language is Spanish.
Key indicators
Latest available data · World Bank & UNDP.
💹 Economy
GDP (PPP)
$186.81B
GDP/capita (PPP)
$41,369
GDP growth
4.4%
Inflation
-0.2%
Unemployment
8.4%
👥 People
Life expectancy
79.8 yrs
Fertility rate
2.11
Pop. growth
1.2%
Urban population
66.2%
Infant mortality /1k
12
🌍 Quality of Life
Internet users
72.8%
Literacy rate
96.2%
Physicians /1k
1.63
Renewable energy
28.0%
Travel & practical
Capital
Panama City
Currency
PAB, USD
Dialing code
+507
Internet TLD
.pa
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Fun facts about Panama
- Panama is the 126th most populous country in the world, with about 4.57 million people.
- By land area it is the 116th-largest country in the world, covering 75,417 km².
- It has the world's 81st-largest economy by nominal GDP ($90.46B).
- Panama shares land borders with 2 countries.
- It is classed by the UN as a country of very high human development, with an HDI of 0.839.
- Panama has a population density of about 61 people per square kilometre.
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