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Panama
Republic of Panama
Quick facts
- Capital
- Panama City
- Population
- 3.8 m
- Area
- 75,417 km²
- Region
- Central America
- Languages
- Spanish
- Currency
- Panamanian balboa (B/.)
- Demonym
- Panamanian
- UN member
- Yes
How Panama compares
Economy size$87 B
76th of 178 worldwide · 3rd of 7 in Central America
Income per person$19,161
53rd of 178 worldwide · 1st of 7 in Central America
Life expectancy79.8 yrs
40th of 179 worldwide · 2nd of 7 in Central America
Internet access72.8%
108th of 179 worldwide · 3rd of 7 in Central America
Military spending$0
160th of 163 worldwide · 6th of 7 in Central America
Highlights
GDP
$87 B
World Bank2024
Gross Domestic Product — the total market value of all goods and services produced in a year, at current prices.
GDP per capita
$19,161
World Bank2024
GDP divided by population — a rough measure of average economic output per person.
Life expectancy
79.8 yrs
World Bank2024
Years a newborn would live if current mortality patterns held throughout its life.
R&D spending
0.2%
Gross expenditure on research & development as a share of GDP.
Researchers (per million)
250
Full-time-equivalent researchers per million people.
Resource rents
3.7%
World Bank2021
Total natural-resource rents (oil, gas, mineral, forest) as a share of GDP.
The history journey
The isthmus that joined two oceans and two Americas, from Balboa's South Sea to the canal returned.
Pilot a cinematic, sourced journey through its eras — moment by moment.