Republic of Panama
Capital
Panama City
Region
Americas
Population
4,064,780
Area (km²)
75,417
Panama, a vibrant nation in the Americas bridging Central and South America, spans 75,417 km² and is home to a population of around 4 million people. Its bustling capital, Panama City, serves as a major economic and cultural hub, blending modern skyscrapers with rich colonial history. Renowned for the iconic Panama Canal, the country plays a pivotal role in global shipping and trade, fostering a diverse economy driven by logistics, finance, and tourism.
Panama’s fertility rate (2.12) is precisely at the replacement level, meaning the population is stabilizing without relying on natural growth. While stable, this suggests that without significant immigration, the country will face challenges associated with an aging population in the coming decades, especially given the high life expectancy.
A high percentage of the population (65.86%) lives in urban areas, reflecting significant concentration around economic centers like Panama City. Coupled with a near-universal literacy rate (96.109%), the country demonstrates a high level of human capital development, crucial for sustaining its service-based economy.
Panama maintains an impressive forest cover, with over 56% of its land area classified as forest. This high percentage is significant globally and regionally, indicating successful conservation efforts or limited agricultural expansion into forested areas, potentially linked to its focus on services rather than primary industries.
Panama's life expectancy of 79.59 years is exceptionally high, surpassing the global average and rivaling many high-income OECD countries. This achievement points to strong public health infrastructure and access to healthcare, despite the presence of a notable infant mortality rate.
GDP (Current US$)
$83.81B
Year: 2023
GDP Per Capita
$18,797.19
GDP Growth (%)
7.17%
Inflation (%)
1.49%
Unemployment (%)
6.54%
Debt to GDP (%)
N/A%
Source: World Bank • Last updated: 12/24/2025
Wikipedia
Comprehensive encyclopedia article
Grokipedia
AI-powered encyclopedia search
Google Search
Latest news and information
Google News
Latest news coverage for Panama
CIA World Factbook
Official intelligence data
BBC News
Trusted news and analysis
UN Data
Official United Nations statistics
World Bank Data
Economic and development indicators