Panama
Top Sights & Landmarks
Background
Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela that was named the Republic of Gran Colombia. When the union dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land known as the Panama Canal Zone on either side of the structure. The US Army Corps of Engineers built the Panama Canal between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, Panamanian dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. An ambitious expansion project to more than double the Canal's capacity by allowing for more Canal transits and larger ships was carried out between 2007 and 2016.
Location
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Area
Elevation
Detailed Geography Information
Coastline
2,490 km
Geography - note
strategic location on eastern end of isthmus forming land bridge that connects North and South America; controls the Panama Canal, which links the North Atlantic Ocean with the North Pacific Ocean via the Caribbean Sea
Irrigated land
394 sq km (2022)
Land boundaries
Major lakes (area sq km)
salt water lake(s): Laguna de Chiriqui - 900 sq km
Maritime claims
territorial sea: 12 nm contiguous zone: 24 nm exclusive economic zone: 200 nm or edge of continental margin
Natural hazards
occasional severe storms and forest fires in the Darien area
Natural resources
Terrain
interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills
Population & Growth
Age Distribution
Demographic Longevity
Vital Dynamics
Detailed People & Society Information
Alcohol consumption per capita
6.54 liters of pure alcohol (2019 est.)
Children under the age of 5 years underweight
2.9% (2019 est.)
Currently married women (ages 15-49)
53.2% (2023 est.)
Dependency ratios
total dependency ratio: 54.4 (2025 est.) youth dependency ratio: 38.4 (2025 est.) elderly dependency ratio: 16 (2025 est.) potential support ratio: 6.3 (2025 est.)
Education expenditure
2.5% of GDP (2023 est.) 16.3% national budget (2024 est.)
Ethnic groups
Gross reproduction rate
1.13 (2025 est.)
Health expenditure
9.7% of GDP (2021) 22.2% of national budget (2022 est.)
Hospital bed density
1.9 beds/1,000 population (2020 est.)
Infant mortality rate
total: 13.2 deaths/1,000 live births (2025 est.) male: 15.4 deaths/1,000 live births female: 12.9 deaths/1,000 live births
Languages
Literacy
total population: 96.3% (2024 est.) male: 97.3% (2024 est.) female: 95.9% (2024 est.)
Major urban areas - population
1.977 million PANAMA CITY (capital) (2023)
Maternal mortality ratio
37 deaths/100,000 live births (2023 est.)
Nationality
noun: Panamanian(s) adjective: Panamanian
Obesity - adult prevalence rate
22.7% (2016)
Physician density
1.63 physicians/1,000 population (2022)
Population distribution
population is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabited
Refugees and internally displaced persons
Religions
School life expectancy (primary to tertiary education)
total: 13 years (2016 est.) male: 12 years (2016 est.) female: 14 years (2016 est.)
Sex ratio
at birth: 1.06 male(s)/female 0-14 years: 1.06 male(s)/female 15-64 years: 1.02 male(s)/female 65 years and over: 0.87 male(s)/female total population: 1.02 male(s)/female (2024 est.)
Tobacco use
total: 4.5% (2025 est.) male: 7.4% (2025 est.) female: 1.7% (2025 est.)
Climate & Issues
tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Land Cover
Air & Carbon Emissions
Water Resources & Use
Detailed Environmental Information
International environmental agreements
Urbanization
urban population: 69.5% of total population (2023) rate of urbanization: 1.92% annual rate of change (2020-25 est.)
Waste and recycling
municipal solid waste generated annually: 1.472 million tons (2024 est.) percent of municipal solid waste recycled: 14.2% (2022 est.)
Capital & State Profile
Executive Branch
Legislative Branch
National Identity & Symbols
divided into four equal rectangles; one of the top quadrants is white (left side) with a five-pointed blue star in the center, and the other is plain red; one of the bottom quadrants is plain blue (left side), and the other is white with a five-pointed red star in the center
Detailed Government Information
Administrative divisions
10 provinces (provincias, singular - provincia) and 4 indigenous regions* (comarcas); Bocas del Toro, Chiriquí, Coclé, Colon, Darien, Embera-Wounaan*, Guna Yala*, Herrera, Los Santos, Naso Tjer Di*, Ngabe-Bugle*, Panama, Panama Oeste, Veraguas
Citizenship
citizenship by birth: yes citizenship by descent only: yes dual citizenship recognized: no residency requirement for naturalization: 5 years
Constitution
history: several previous; latest effective 11 October 1972 amendment process: proposed by the National Assembly, by the Cabinet, or by the Supreme Court of Justice; passage requires approval by one of two procedures: 1) absolute majority vote of the Assembly membership in each of three readings and by absolute majority vote of the next elected Assembly in a single reading without textual modifications; 2) absolute majority vote of the Assembly membership in each of three readings, followed by absolute majority vote of the next elected Assembly in each of three readings with textual modifications, and approval in a referendum
Country name
conventional long form: Republic of Panama conventional short form: Panama local long form: República de Panama local short form: Panama etymology: origin is unclear; may come from a Guarani word meaning "place of many fish"
International law organization participation
accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction
International organization participation
Judicial branch
highest court(s): Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 magistrates and 9 alternates and divided into civil, criminal, administrative, and general business chambers) judge selection and term of office: magistrates appointed by the president for staggered 10-year terms subordinate courts: appellate courts or Tribunal Superior; Labor Supreme Courts; Court of Audit; circuit courts or Tribunal Circuital (2 each in 9 of the 10 provinces); municipal courts; electoral, family, maritime, and adolescent courts
Legal system
civil law system; Supreme Court of Justice reviews legislative acts
National heritage
total World Heritage Sites: 6 (3 cultural, 3 natural) selected World Heritage Site locales: Caribbean Fortifications (c); Darien National Park (n); Talamanca Range-La Amistad National Park (n); Panamá Viejo and Historic District of Panamá (c); Coiba National Park (n); The Colonial Transisthmian Route of Panamá (c)
Political parties
Alliance Party or PA Alternative Independent Socialist Party or PAIS Another Way Movement or MOCA Democratic Change or CD Democratic Revolutionary Party or PRD Nationalist Republican Liberal Movement or MOLIRENA Panameñista Party (formerly the Arnulfista Party) Popular Party or PP (formerly Christian Democratic Party or PDC) Realizing Goals Party or RM
Suffrage
18 years of age; universal
Economic Overview
upper middle-income Central American economy; increasing Chinese trade; US dollar user; canal expansion fueling broader infrastructure investment; services sector dominates economy; historic money-laundering and illegal drug hub
Size & Performance
GDP Sector Breakdown
Trade Balance
Budget Balance
Export Profile
Top Export Partners
Major Export Commodities
Labor & Employment
Income Inequality
Family Income / Consumption Share
Detailed Economic Data
Agricultural products
Current account balance
$1.672 billion (2024 est.) -$2.581 billion (2023 est.) $28.769 million (2022 est.) note: balance of payments - net trade and primary/secondary income in current dollars
Exchange rates
balboas (PAB) per US dollar - Exchange rates: 1 (2024 est.) 1 (2023 est.) 1 (2022 est.) 1 (2021 est.) 1 (2020 est.)
GDP - composition, by end use
Industrial production growth rate
-2.6% (2024 est.) note: annual % change in industrial value added based on constant local currency
Industries
Inflation rate (consumer prices)
0.7% (2024 est.) 1.5% (2023 est.) 2.9% (2022 est.) note: annual % change based on consumer prices
Remittances
0.6% of GDP (2024 est.) 0.6% of GDP (2023 est.) 0.7% of GDP (2022 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities
Reserves of foreign exchange and gold
$6.856 billion (2024 est.) $6.757 billion (2023 est.) $6.876 billion (2022 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Taxes and other revenues
7.5% (of GDP) (2021 est.) note: central government tax revenue as a % of GDP
Grid Infrastructure
Generation Mix
Fossil Fuels Production
Intensity & Nuclear
Digital Access
Active internet users as a percentage of the total population.
Fixed Broadband
Mobile Cellular
Broadcast Media
Aviation
Railways
Ports & Harbors
Merchant Marine
Military Expenditures
Active Duty Strengths
approximately 30,000 Ministry of Public Security personnel (2025)
Service & Defense Details
no regular military forces Ministry of Public Security: National Police (Policía Nacional, PN), National Aeronaval Service (Servicio Nacional Aeronaval, SENAN), National Border Service (Servicio Nacional de Fronteras, SENAFRONT) (2025) note 1: collectively, the security forces are known as the Panamanian Public Forces note 2: the PNP includes a special forces directorate with counterterrorism and counternarcotics units; SENAFRONT has four regionally based border security brigades, plus a specialized brigade comprised of special forces, counternarcotics, maritime, and rapid reaction units
the Panamanian Public Forces focus on law enforcement, border control, and maritime security; the National Police are responsible for internal law enforcement and public order, while the National Border Service (SENAFRONT) handles border security; the Aeronaval Service is responsible for carrying out air and naval operations that include some internal security responsibilities; key areas of focus are countering narcotics trafficking and securing the border, particularly along the frontier with Colombia where SENAFRONT maintains a significant presence Panama created a paramilitary National Guard (Guardia Nacional de Panamá) in the 1950s from the former National Police (established 1904); the National Guard subsequently evolved into more of a military force with some police responsibilities; it seized power in a coup in 1968 and military officers ran the country until 1989; in 1983, the National Guard was renamed the Panama Defense Force (PDF); the PDF was disbanded after the 1989 US invasion and the current national police forces were formed in 1990; the armed forces were officially abolished under the 1994 Constitution (2025)