Republic of Panama flag
PAN Data file updated Jun 27, 2026

Republic of Panama

Country profile covering economy, demographics, military, quality-of-life signals, and historical trends.

Quick Facts

Capital
Panama City
Currency
Panamanian Balboa (PAB) / United States Dollar (USD)
Language
Spanish
Government
Unitary presidential constitutional republic
Internet Users
64.2%
Unemployment
7.9%
Smoking (15+)
3.7%

Population

4.41M

GDP

$79.02B

GDP per Capita

$17,945.0

Area

75,420 km²

Life Expectancy

79.1 years

HDI

0.8

Economy

5 metrics
GDP (USD) $79.02B
GDP Per Capita (USD) $17,945.0
Unemployment Rate (%) 7.9%
GINI Index (Income Inequality) 49.8
Currency Panamanian Balboa (PAB) / United States Dollar (USD)

Trade (Import/Export)

3 metrics
Exports $38.4B
Imports $34.0B
Trade Balance $4.4B

Society & Demographics

4 metrics
Life Expectancy (years) 79.1
Literacy Rate (%) 95.7%
Internet Users (%) 64.2%
Human Development Index 0.8

Military Strength

9 metrics
Active Personnel 0
Reserve Personnel 0
Total Military Personnel 0
Defense Budget (USD) $0.0
Tanks 0
Armored Vehicles 0
Self-Propelled Artillery 0
Towed Artillery 0
Rocket Projectors 0

Air Force

7 metrics
Total Aircraft 45
Fighters 0
Attack Aircraft 0
Transport Aircraft 8
Trainer Aircraft 12
Helicopters 25
Attack Helicopters 0

Education

4 metrics
Education Expenditure (% of GDP) 3.2%
Universities 45
Primary Enrollment (%) 96.8%
Secondary Enrollment (%) 82.4%

Healthcare

5 metrics
Healthcare Expenditure (% of GDP) 8.0%
Physicians per 1,000 people 1.6
Hospital Beds per 1,000 people 2.3
Life Expectancy (Male) 76.2
Life Expectancy (Female) 82.1

Cost of Living

12 metrics
Cost of Living Index 54.8
Rent Index 25.7
Groceries Index 58.3
Restaurant Price Index 42.1
Local Purchasing Power 31.2
Meal at Inexpensive Restaurant (USD) $6.0
Three-Course Meal for 2 (USD) $35.0
Monthly Rent - City Center (USD) $850.0
Monthly Rent - Outside Center (USD) $520.0
Monthly Utilities (USD) $85.0
Internet (60 Mbps, USD) $35.0
Monthly Public Transport Pass (USD) $45.0

Historical Data

GDP Over Time

Population Over Time

GDP per Capita Over Time

Foreign-Exchange Reserves Over Time

Exports Over Time

Imports Over Time

Trade Balance Over Time

Olympic Medals

3 Games years
1 Gold
1 Silver
2 Bronze
4 Total Medals (All-Time)
☀ Summer: 4 ❄ Winter: 0

Medals by Games Year

Source: Official IOC medal counts via Wikipedia per-Games medal tables (Summer 1896–2024, Winter 1924–2026)

Summer Olympics

Games Gold Silver Bronze Total
2024 0 1 0 1
2008 1 0 0 1
1948 0 0 2 2

Compare Republic of Panama

Religious Composition

  • Catholic 70.0%
  • Protestant 19.0%
  • Other Christian 4.5%
  • Unaffiliated 4.5%
  • Indigenous 0.7%
  • Other 0.5%

Beverages per Person

  • Coffee 4.4 kg/yr
  • Tea 0.4 kg/yr
  • Beer 78.3 L/yr
  • Wine 1.9 L/yr
  • Alcohol 7.2 L pure/yr

Per-capita — consumption where available, else FAOSTAT supply · alcohol = litres of pure alcohol (WHO)

Age Demographics

30.2 Median Age
Age Distribution
0-14
26.0%
15-29
25.5%
30-44
21.0%
45-59
16.5%
60-69
7.0%
70+
4.0%

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