Panama Population Pyramid 2025
Panama in 2025
As of 2025, Panama counted 4,571,189 inhabitants. That is 15.4% more than in 2015, when the population stood at 3,960,035.
With a median age of 31.3 years, Panama had a youth dependency ratio of 37.3 and an old-age dependency ratio of 14.7 per 100 people of working age. The near-vertical sides of the pyramid indicate a stationary age structure, with births roughly balancing the passage of cohorts into older age.
Data source: United Nations World Population Prospects, 2024 revision (medium variant) — last updated July 2024.
In 2023 women in Panama had on average 2.12 children, above the replacement level of 2.1.
Source: World Bank World Development Indicators, latest available year.
Life expectancy at birth was 79.6 years in 2023: 82.6 for women and 76.7 for men.
Source: World Bank World Development Indicators, latest available year.
475,936 immigrants live in Panama, 10.5% of the population.
| Venezuela | 182,386 |
| Colombia | 77,349 |
| China | 34,214 |
| United States of America | 25,732 |
| Nicaragua | 23,672 |
194,645 people born in Panama live in other countries.
| United States of America | 161,903 |
| Costa Rica | 16,546 |
| Colombia | 3,506 |
| Mexico | 2,241 |
| Italy | 1,170 |
Source: United Nations International Migrant Stock 2024.
| Country | Population | Median age | Relative size |
|---|---|---|---|
| Panama | 4,571,189 | 31.3 | |
| Costa Rica | 5,152,950 | 36.2 | |
| El Salvador | 6,365,503 | 28.9 | |
| Nicaragua | 7,007,502 | 27.0 | |
| Belize | 422,924 | 27.9 |





