🌍 Geography
Location: Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Area & Boundaries
Total Area
75,420 km²
Land Area
74,340 km²
Water Area
1,080 km²
World Rank by Area
#null
Land Boundaries
687 km
Coastline
2,490 km
Bordering Countries
Terrain & Climate
Terrain: interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills
Climate: tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Elevation
Highest Point
: N/Am
Lowest Point
: nullm
Mean Elevation
360m
Natural Resources
copper, mahogany forests, shrimp, hydropower
👥 Demographics
Population Overview
Total Population (2024)
4,470,241
World Rank
#null
Growth Rate
1.48%
Urbanization
null%
Age & Life Expectancy
Median Age
31.5 years
Life Expectancy
null years
Birth Rate
17.4 per 1,000
Death Rate
5.7 per 1,000
Major Urban Areas
- PANAMA CITY: 1,977,000 people
Education
Literacy Rate: null% (Male: 97.3%, Female: 95.9%)
💼 Economy
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
GDP & Economic Indicators
GDP (PPP)
$164.48 billion
GDP (Official Rate)
$86.26 billion
GDP per Capita (PPP)
$36,400
World GDP Rank
#null
GDP Growth Rate
2.9%
Unemployment Rate
null%
Inflation Rate
0.7%
Public Debt (% of GDP)
null%
GDP Composition by Sector
Agriculture
2.6%
Industry
26.3%
Services
68.8%
Major Industries
construction, brewing, cement and other construction materials, sugar milling
Trade
Exports
N/A
Imports
N/A
Foreign Exchange Reserves
N/A
Currency
(null)
🏛️ Government
Government Type
presidential republic
Suffrage
18 years of age; universal
Executive Branch
Chief of State:
Head of Government:
Legislative Branch
National Holiday
Independence Day (Separation Day), 3 November (1903)
📈 Social Indicators
Physicians
1.63 per 1,000
Hospital Beds
1.9 per 1,000
Health Expenditure
9.7% of GDP
Education Expenditure
2.5% of GDP
🎨 Cultural Heritage
UNESCO World Heritage Sites
6
Notable Sites
- Caribbean Fortifications
- Darien National Park
- Talamanca Range-La Amistad National Park
- Panamá Viejo and Historic District of Panamá
- Coiba National Park
- The Colonial Transisthmian Route of Panamá