Panama Population Pyramid 2029
Panama
Afghanistan
Africa
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Least developed countries
Lebanon
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Less developed regions
Less developed regions, excluding China
Less developed regions, excluding least developed countries
Liberia
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Malawi
Malaysia
Maldives
Mali
Malta
Martinique
Mauritania
Mauritius
Mayotte
Melanesia
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Micronesia (Fed. States of)
Middle Africa
Mongolia
Montenegro
More developed regions
Morocco
Mozambique
Myanmar
Namibia
Nepal
Netherlands
New Caledonia
New Zealand
Nicaragua
Niger
Nigeria
Northern Africa
Northern America
Northern Europe
Norway
Oceania
Oman
Other non-specified areas
Pakistan
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Polynesia
Portugal
Puerto Rico
Qatar
Republic of Korea
Republic of Moldova
Romania
Russian Federation
Rwanda
Réunion
Saint Lucia
Saint Vincent and the Grenadines
Samoa
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South America
South Sudan
South-Central Asia
South-Eastern Asia
Southern Africa
Southern Asia
Southern Europe
Spain
Sri Lanka
State of Palestine
Sub-Saharan Africa
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syrian Arab Republic
TFYR Macedonia
Tajikistan
Thailand
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Uganda
Ukraine
United Arab Emirates
United Kingdom
United Republic of Tanzania
United States Virgin Islands
United States of America
Uruguay
Uzbekistan
Vanuatu
Venezuela (Bolivarian Republic of)
Viet Nam
Western Africa
Western Asia
Western Europe
Western Sahara
World
Yemen
Zambia
Zimbabwe
2029
Population:
4,783,371
Summary
Panama in 2029
By 2029, the population of Panama is expected to reach 4,783,372. Compared with 2019, when the projection stands at 4,234,700, that represents growth of 13.0% over ten years.
With a projected median age of 32.6 years, Panama would have a youth dependency ratio of 34.8 and an old-age dependency ratio of 16.7 per 100 people of working age. This is a stationary pyramid — similar numbers in each age group up to the older cohorts, the signature of near-replacement fertility.
Data source: United Nations World Population Prospects, 2024 revision (medium variant) — last updated July 2024.
Key indicators for Panama
Population
4,783,372
Median age
32.6
0-14 %
23.0%
65+ %
11.0%
Child dependency
34.8
Old-age dependency
16.7
Pyramid shape
Population 2050
5,630,680
Population 2100
5,904,927
What is driving the change
Births per woman
Total fertility rate, 1960–2023
123456
1960Replacement level (2.1)2023 · 2.12
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
Years, 1960–2023
Total
Women
Men
5060708090
19602023 · 79.6
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.
People supported per 100 workers
Dependency ratios, 1950–2100
Children
Older adults
22456890
19502100
Migration to and from Panama
Where immigrants come from (2024)
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 |
Where emigrants live (2024)
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 |
Explore
Immigration statistics
Origin of migrant stocks map
Source: United Nations International Migrant Stock 2024.
How Panama compares with its neighbours
| Country | Population | Median age | Relative size |
|---|---|---|---|
| Panama | 4,783,372 | 32.6 | |
| Costa Rica | 5,233,881 | 38.3 | |
| El Salvador | 6,464,414 | 30.8 | |
| Nicaragua | 7,358,005 | 28.4 | |
| Belize | 444,795 | 29.8 |
Frequently asked questions about Panama's population
What will the population of Panama be in 2029?
Panama is projected to have a population of 4,783,372 in 2029.
Is Panama's population growing or shrinking?
Panama's population grew 13.0% over the previous ten years, and is projected to reach 5,630,680 by 2050.
What is the median age in Panama?
The median age in Panama is 32.6 years — half the population is younger, half older.
How many children and older people live in Panama?
11.0% of Panama's population is 65 or older, and 23.0% is under 15.
What shape is Panama's population pyramid, and what does it mean?
Panama has a stationary pyramid: cohort sizes are roughly even through the younger ages, reflecting fertility close to replacement level.
