Panama

Discover Panama

Panama is located in Central America. Its capital is Panama City, and it has a population of 4,571,189 people (reference year: 2025). The country covers an area of 75,417 square kilometers (approximately 29,119 square miles). Its currency is Panamanian balboa. The population density is approximately 61 people per square kilometer. Panama shares land borders with 2 countries: Colombia and Costa Rica.

About Panama

Panama at a glance

Economy of Panama

Latest available economic indicators from the World Bank.

Source: World Bank Open Data

Demographic indicators

Latest available data from the World Bank.

Source: World Bank Open Data

Population and society indicators

Latest available indicators from the World Bank.

Source: World Bank Open Data

Health and education indicators

Latest available indicators from the World Bank.

Source: World Bank Open Data

Environment and energy indicators

Latest available indicators from the World Bank.

Source: World Bank Open Data

Consumer goods and services price level

International price level comparison indicator from the World Bank.

This index supports comparisons between countries. It is not a monthly cost in euros or dollars and does not provide individual rent or product prices.

Source: World Bank Open Data

Price levels by category

Comparison with the EU-27 average (EU = 100).

A value of 120 means prices are 20% above the EU average. These are comparative indices, not amounts in euros.

Source: Eurostat

Countries bordering Panama

CO

Colombia

CapitalBogotá

Population53,425,635

CR

Costa Rica

CapitalSan José

Population5,152,950