CountriesIndicatorsThis week
Country page · Updated 13 Nov 2026

Panama

Panama has 4.6 m people (World Bank, 2025) and an economy of $90 bn a year (World Bank, 2025). It imports all of the oil it uses (EIA, 2024).

Written automatically from the figures on this page.

Population
4.6 m (2025)

Boundaries: Natural Earth 1:50m, which shows who controls an area in practice. Borders shown do not imply endorsement.

1

Dependencies at a glance

Panama imports all of the oil it uses.

Imports mostImports someLow net tradeExporter
Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons).
ResourceDependencePositionMain partners
OilImports mostImports all of the oil it usesEIA, use 2024 · UN Comtrade, imports 2025, Ecuador → Panama, Colombia → Panama and Guyana → Panama as reported by the exporterEcuador, Colombia, Guyana
Natural gasImports mostImports all of the gas it uses PreliminaryEIA, use 2024 · UN Comtrade, imports 2025, United States → Panama and Belgium → Panama as reported by the exporterUnited States, Belgium
WheatNot reported by this source–
MaizeImports mostImports 86% of the maize it usesFAOSTAT, use 2024 · FAOSTAT, imports 2023United States, Brazil
RiceImports someImports 32% of the rice it usesFAOSTAT, 2023Uruguay, United States
SoybeansNot reported by this source–
PotashImports mostImports all of its potash supply EstimateFAOSTAT, supply 2024 · UN Comtrade, imports 2025Canada, Russia, Belarus
PhosphateImports mostImports all of its phosphate supply EstimateFAOSTAT, supply 2024 · UN Comtrade, imports 2025Russia, Morocco, Colombia
ArmsSupplier concentration onlyNo major arms imports recorded, 2021–2025SIPRI, 2021–2025–
ChipsSupplier concentration onlyMain supplier: United States, 35% of importsUN Comtrade, 2025United States, China, Mexico

Dependence is net imports: imports minus exports, as a share of what the country uses; for potash and phosphate, of its supply (production plus net imports). Arms and chips show supplier concentration only: the main supplier’s share of imports (arms: five-year totals of deliveries in SIPRI’s trend-indicator value, SIPRI’s measure of military capability delivered, not price or number of weapons).

  • OilImports most

    Imports all of the oil it uses

    Main partners: Ecuador, Colombia, Guyana

    EIA, use 2024 · UN Comtrade, imports 2025, Ecuador → Panama, Colombia → Panama and Guyana → Panama as reported by the exporter

  • Natural gasImports most

    Imports all of the gas it uses Preliminary

    Main partners: United States, Belgium

    EIA, use 2024 · UN Comtrade, imports 2025, United States → Panama and Belgium → Panama as reported by the exporter

  • Wheat

    Not reported by this source

  • MaizeImports most

    Imports 86% of the maize it uses

    Main partners: United States, Brazil

    FAOSTAT, use 2024 · FAOSTAT, imports 2023

  • RiceImports some

    Imports 32% of the rice it uses

    Main partners: Uruguay, United States

    FAOSTAT, 2023

  • Soybeans

    Not reported by this source

  • PotashImports most

    Imports all of its potash supply Estimate

    Main partners: Canada, Russia, Belarus

    FAOSTAT, supply 2024 · UN Comtrade, imports 2025

  • PhosphateImports most

    Imports all of its phosphate supply Estimate

    Main partners: Russia, Morocco, Colombia

    FAOSTAT, supply 2024 · UN Comtrade, imports 2025

  • ArmsSupplier concentration only

    No major arms imports recorded, 2021–2025

    SIPRI, 2021–2025

  • ChipsSupplier concentration only

    Main supplier: United States, 35% of imports

    Main partners: United States, China, Mexico

    UN Comtrade, 2025

Source: EIA; FAOSTAT; UN Comtradeyear in each rowUpdated 13 Nov 2026

Dependencies tool
2

Money and reserves

Panama’s economy produced $90 bn in 2025.

GDP, 2000–2025

$0$20 bn$40 bn$60 bn$80 bn$100 bn200020052010201520202025

Source: World Bank Indicators2000–2025Updated 13 Nov 2026

Economic growth4.4%2025 · 63rd of 186 · World Bank
Inflation−0.2%2025 · 161st of 169 · World Bank
Unemployment8.4%2025 · 47th of 181 · World Bank
ReservesUS$6.86billion2024 · 85th of 164 · World Bank
Trade84% of GDP2024 · 82nd of 172 · World Bank
Foreign investment inUS$938million2025 · 99th of 200 · World Bank
3

People

Panama had 4.6 m people in 2025.

Population, 1950–2100

02.0 m4.0 m6.0 m8.0 m10 m195019701990200020102030205020702100Projection
Projection: UN projection, medium variant, after 2023Range between the UN low- and high-fertility scenarios

Source: UN World Population ProspectsUpdated 13 Nov 2026Projection

Panama’s population by age

1950200020502100
MenWomen01020304050607080901000m00m
Millions of people in each five-year age group, men left and women right. Years after 2023 are UN projections (medium variant).

Source: UN World Population Prospects1950–2100Updated 13 Nov 2026Projection

Births per woman2.122023 · 105th of 237 · UN WPP 2024
Median age29.62023 · 130th of 237 · UN WPP 2024
Aged 65 and over9.7%2025, Projection, medium variant · UN WPP 2024
4

Climate and hazards

Panama emitted 12.7 Mt of CO2 from fossil fuels and cement in 2024.

Panama’s CO2 emissions, million tonnes, 1990–2024

0 Mt5 Mt10 Mt15 Mt1990199520002005201020152024

Source: Our World in Data CO21990–2024Updated 13 Nov 2026

CO2 emissions13Mt2024 · 102nd of 214 · Global Carbon Budget
CO2 per person2.8t2024 · 115th of 213 · Global Carbon Budget
CO2 since 1750360Mt2024 · 110th of 214 · Global Carbon Budget
Water stress0.72023 · 118th of 164 · WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0)
5

More figures

Shown only where a source covers Panama.

Refugees

64,109refugees and others in need of protection hosted, 2025
3,368from it, abroad, 2025

Source: UNHCR Refugee Data Finder2025

Sanctions

149entries on the US, EU and UK lists give it as an address or nationality: US 146, EU 1 and UK 2

Counts entries (people, companies, ships and aircraft), not how strict the measures are.

Source: US CSL; EU sanctions list; UK Sanctions ListUpdated 13 Nov 2026

Chinese loans and grants

US$670millioncommitted by Chinese state lenders, 2000–2021

Source: AidData Chinese development finance2000–2021

Cyber incidents

2publicly known incidents affecting Panama, 2000–2024

Counts compare documented incidents, not how often a country is targeted. Who they were attributed to

Source: EuRepoC Global Dataset of Cyber Incidents 1.3.2 (4 Mar 2025), CC BY-NC 4.02000–2024

6

All figures

50 measures on this site have a recent figure for Panama.

GDP$90 bn202581st of 186World Bank
GDP per person$19,790202557th of 186World Bank
Economic growth4.4%202563rd of 186World Bank
Inflation−0.2%2025161st of 169World Bank
Government debt57%202585th of 191IMF World Economic Outlook, October 2026
Government budget balance−3.7%2025126th of 195IMF World Economic Outlook, October 2026
Current account balance−0.2%202579th of 194IMF World Economic Outlook, October 2026
Unemployment8.4%202547th of 181World Bank
Reserves, including gold$6.9 bn202485th of 164World Bank
Trade84%202482nd of 172World Bank
Foreign investment in$938 m202599th of 200World Bank
Remittances received0.6%2024122nd of 162World Bank
Population4.6 m2025128th of 216World Bank
Population with UN projections4.5 m2023129th of 237UN WPP 2024
Births per woman2.122023105th of 237UN WPP 2024
Median age29.62023130th of 237UN WPP 2024
Life expectancy79.6202361st of 237UN WPP 2024
Refugees from the country3,3682025101st of 206UNHCR
Refugees and others needing protection, by host64,109202571st of 176UNHCR
Refugees hosted per 1,000 people14.0202553rd of 176UNHCR
Crude oil production0 kb/d2025100th of 214EIA
Oil consumption135 kb/d202468th of 212EIA
Natural gas productionPreliminary202497th of 213EIA
Natural gas consumption0.6 bcm2024100th of 213EIA
Electricity generated13 TWh2024100th of 193Ember
Low-carbon electricity68%202456th of 193Ember
Electricity from coal3.7%202461st of 193Ember
Electricity from wind and solar15%202453rd of 193Ember
Wheat imports0.2 Mt202498th of 180FAOSTAT
Maize production0.1 Mt2024105th of 169FAOSTAT
Maize imports0.6 Mt202449th of 196FAOSTAT
Rice production0.2 Mt202454th of 135FAOSTAT
Rice imports0.1 Mt202490th of 197FAOSTAT
Soybean production0.0 Mt202492nd of 108FAOSTAT
Soybean imports0.0 Mt202462nd of 179FAOSTAT
Potash fertiliser use0.01 Mt202483rd of 199FAOSTAT
Phosphate fertiliser use0.01 Mt202496th of 199FAOSTAT
CO2 emissions13 Mt2024102nd of 214Global Carbon Budget
CO2 per person2.8 t2024115th of 213Global Carbon Budget
CO2 emitted since 1750360 Mt2024110th of 214Global Carbon Budget
Net CO2 imports through trade50%202330th of 120Global Carbon Budget
Water stress0.72023118th of 164WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0)
Water from abroad2%2023111th of 193FAO AQUASTAT
Military spending, share of GDP0.0%2025148th of 150World Bank
Military spending$02025148th of 150World Bank
People using the internet73%2024115th of 182World Bank
ICT service exports$482 m202478th of 162World Bank
ICT service exports, share of service exports2.6%2024119th of 162World Bank
Sanctions list entries (US, EU, UK)149202623rd of 181US CSL
Chinese loans and grants committed$2 m202087th of 130AidData, Global Chinese Development Finance Dataset 3.0

Sources for this page

  • World Bank IndicatorsGDP, GDP per person, Economic growth, Inflation, Unemployment, Reserves, …
  • IMF World Economic Outlook, October 2026Debt, Budget balance, Current account
  • UN World Population ProspectsPopulation (UN), Births per woman, Median age, Life expectancy
  • UNHCR Refugee Data FinderRefugees from, Refugees hosted, Refugees per 1,000
  • U.S. Energy Information AdministrationOil output, Oil use, Gas output, Gas use, Dependencies at a glance
  • Ember electricity dataElectricity, Low-carbon electricity, Electricity from coal, Electricity from wind and solar
  • FAOSTATWheat imports, Maize production, Maize imports, Rice production, Rice imports, Soybean production, …
  • Our World in Data CO2CO2 emissions, CO2 per person, CO2 since 1750, Net CO2 imports through trade
  • WRI Aqueduct, accessed on 25 Oct 2026, aqueduct.wri.org (CC BY 4.0)Water stress
  • FAO AQUASTATWater from abroad
  • US Consolidated Screening ListSanctions list entries, Sanctions
  • AidData Chinese development financeChinese loans and grants
  • UN ComtradeDependencies at a glance
  • EU financial sanctions listSanctions
  • UK Sanctions ListSanctions
  • EuRepoC cyber incidentsCyber incidents

Page last updated 13 Nov 2026How we measure

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