Panama Population Pyramid 2038
Panama in 2038
By 2038, the population of Panama is expected to reach 5,204,060. Ten years before, in 2028, the projected population is 4,731,816 — 10.0% lower.
The median age is projected at 35.5 years, with 31.5 children under 15 and 22.2 people aged 65 or over for every 100 people of working age (15–64). 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 | 5,204,060 | 35.5 | |
| Costa Rica | 5,355,518 | 42.8 | |
| El Salvador | 6,619,833 | 35.0 | |
| Nicaragua | 8,054,135 | 31.6 | |
| Belize | 484,878 | 34.0 |





