Panama Population Pyramid 2031
Panama in 2031
In 2031, Panama is projected to have a population of 4,883,386 people. That would be 12.4% more than in 2021 (4,345,405).
Half of the population would be younger than 33.2 years, with 22.2% children under 15 and 11.8% aged 65 or older. 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.
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 | 4,883,387 | 33.2 | |
| Costa Rica | 5,268,134 | 39.3 | |
| El Salvador | 6,506,402 | 31.8 | |
| Nicaragua | 7,523,768 | 29.1 | |
| Belize | 454,728 | 30.7 |





