The total population in Panama was estimated at 4.5 million people in 2024, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Panama had a population of 1.1 million people. source: World Bank
Population in Panama is expected to reach 4.57 Million by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Panama Population is projected to trend around 4.64 Million in 2026 and 4.70 Million in 2027, according to our econometric models.