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Country profile

Panama

Americas · Capital: Panama City · Currency: Panamanian balboa (PAB), United States dollar (USD)

Panama is a country in Americas, with its capital at Panama City. It has a GDP of $86.52B (2024), a population of 4.6M (2025), a GDP per capita of $19,161.

GDP
$86.52B

2024 · #78 of 200

GDP per capita
$19,161

2024 · #67 of 200

Population
4.6M

2025 · #128 of 216

GDP per capita (PPP)
$43,902

2025 · #54 of 185

Economy

GDP
$86.52B2024 · #78
GDP per capita
$19,1612024 · #67
GDP growth
2.75%2024 · #124
Inflation
0.69%2024 · #15
Unemployment
8.36%2025 · #135
Population
4.6M2025 · #128
GDP (PPP)
$200.69B2025 · #78
GDP per capita (PPP)
$43,9022025 · #54
Gini index
49.72024 · #152
Government debt
57.7%2026 · #106

People

Median age
31.5 yrs2024 · #125
Fertility rate
2.1 children/woman2024 · #97
Urbanization
66.2%2025 · #102
Net migration
+6,151/yr2025 · #49
Life expectancy
79.8 yrs2024 · #54
HDI
0.8392023 · #59
Homicide rate
11.7 per 100k2023 · #148

Money

Corporate tax
25%2024 · #75
Top income tax
27%2024 · #100

Figures

Internet users
72.8%2024 · #115
CO₂ per capita
2.7 t2024 · #97
Area
75,417 km²#120
Population density
61 /km²2025 · #144
McDonald's
842024 · #49
Unicorn startups
02026-03
Billionaires
02026
Passport power
148 destinations2026 · #61
Corruption index
33/1002024 · #115
Military spending
1.0%1999
Renewable energy
28.0%2021 · #83

Globenomics Company Index

The largest companies headquartered in Panama.

  1. 1Banesco PanamaEconomics of banking1,309 employees