Panama Population Pyramid 2040

Panama
2040
Population: 5,286,591

Year

-5 -1   2040  +1 +5

Country

A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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Panama in 2040

By 2040, the population of Panama is expected to reach 5,286,592. Compared with 2030, when the projection stands at 4,833,858, that represents growth of 9.4% over ten years.

With a projected median age of 36.1 years, Panama would have a youth dependency ratio of 31.1 and an old-age dependency ratio of 23.4 per 100 people of working age. The pyramid is stationary: cohort sizes are roughly even through the younger ages, reflecting fertility close to replacement level and slow population change.

Share of the population by age group, 1950–2100

Data source: United Nations World Population Prospects, 2024 revision (medium variant) — last updated July 2024.

Population
5,286,592
Median age
36.1
0-14 %
20.1%
65+ %
15.2%
Child dependency
31.1
Old-age dependency
23.4
Pyramid shape
Population 2050
5,630,680
Population 2100
5,904,927
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
Where immigrants come from (2024)

475,936 immigrants live in Panama, 10.5% of the population.

Venezuela182,386
Colombia77,349
China34,214
United States of America25,732
Nicaragua23,672
Where emigrants live (2024)

194,645 people born in Panama live in other countries.

United States of America161,903
Costa Rica16,546
Colombia3,506
Mexico2,241
Italy1,170
Explore
Immigration statistics Origin of migrant stocks map

Source: United Nations International Migrant Stock 2024.

Country Population Median age Relative size
Panama 5,286,592 36.1
Costa Rica 5,369,806 43.7
El Salvador 6,640,752 35.8
Nicaragua 8,189,915 32.3
Belize 491,595 34.9
How many people are projected to live in Panama in 2040?
Panama is projected to have a population of 5,286,592 in 2040.
Is Panama's population growing or shrinking?
Yes, growing: up 9.4% from 2030, with a projected population of 5,630,680 in 2050.
How old is the population of Panama?
The median age in Panama is 36.1 years — half the population is younger, half older.
How many children and older people live in Panama?
In Panama, 20.1% of people are under 15 and 15.2% are 65 or older.
What type of population pyramid does Panama have?
Panama's pyramid is stationary — similar-sized cohorts through the younger ages, the signature of near-replacement fertility.

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