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Flag of PanamaCentral America

Panama

Panamá

Panama is a country or territory in Central America. Its capital is Panama City.

Population
4.5M60 /km²
Surface area
75,320 km²
GDP
$86.5B$19K per capita
Capital
Panama City

Panama is located in Central America, and its capital is Panama City. It has a population of approximately 4,515,577 and covers an area of about 75,320 km². Its official currency is the Panamanian balboa (PAB).

What stands out

People & place

60 /km² across 75,320 km²

Panama has a recorded population of 4,515,577 and a reported surface area of 75,320 km².

Economic snapshot

$86.52 billion nominal GDP

Nominal GDP is recorded at $86.52 billion and GDP per capita at $19,161 for 2024. These measures do not describe income distribution or household wealth.

Practical reference

Panamanian balboa (PAB)

Panama uses Panamanian balboa (PAB), calling code +507, internet domain .pa.

About Panama

Panama is a transcontinental country connecting Central America with South America. It is renowned for the Panama Canal, a vital waterway that allows ships to travel between the Pacific and Atlantic Oceans, significantly reducing travel time and cost.

Located on the Isthmus of Panama, the country is bordered by Costa Rica to the west and Colombia to the east. Its diverse geography includes lush rainforests, volcanic mountain ranges, and extensive coastlines along both the Caribbean Sea and the Pacific Ocean. The Panama Canal is its most prominent geographical feature.

Panamanian culture is a rich blend of indigenous, Spanish, African, and North American influences. This is reflected in its music, dance, cuisine, and festivals. Traditional music often features maracas and drums, while cuisine includes dishes like sancocho (a hearty soup) and gallo pinto (rice and beans).

Originally inhabited by indigenous tribes, Panama was colonized by the Spanish in the 16th century and remained under Spanish rule until 1821 when it joined Gran Colombia. Panama declared its independence from Colombia in 1903, with the United States playing a significant role in facilitating this separation and the subsequent construction of the Panama Canal. The US returned control of the canal to Panama in 1999.

Key facts

  • Capital: Panama City
  • Population: Approximately 4.3 million
  • Currency: Panamanian Balboa (PAB), US Dollar (USD)

This overview is AI-assisted and grounded with available atlas facts and reference material. Treat linked primary data as authoritative. Read the methodology.

Country data & reference

Capital

Panama City

Population

4,515,577 (60 /km²)

Surface Area

75,320 km²

GDP

$86.52 billion (2024)

GDP per Capita

$19,161 (2024)

Region / Subregion

Americas / Central America

Native Name

Panamá

Nationality

Panamanian

Phone Code

+507

Top-Level Domain

.pa

ISO Codes

PA / PAN

Coordinates

9, -80

Time zones

  • America/Panama (UTC-05:00)

Population, area and economic figures use the latest available values from World Bank Open Data; reporting years can vary by country. See sources and methodology for indicator definitions, mapping attribution, and editorial limitations.

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Panama: Frequently Asked Questions

What is the capital of Panama?

The capital of Panama is Panama City.

What is the population of Panama?

Panama has a recorded population of approximately 4,515,577 people.

How big is Panama?

Panama covers an area of about 75,320 km².

What is the population density of Panama?

Panama has a population density of roughly 60 /km² (people per square kilometre).

What is the GDP of Panama?

Panama has a gross domestic product (GDP) of approximately $86.52 billion as of 2024.

What is the GDP per capita of Panama?

Panama has a GDP per capita of approximately $19,161.

What currency is used in Panama?

Panama uses the Panamanian balboa (PAB), with the symbol B/..

Where is Panama located?

Panama is located in Central America, Americas.

What is the native name of Panama?

The native name of Panama is Panamá.

What are people from Panama called?

People from Panama are referred to as Panamanian.

What is the phone calling code for Panama?

The international dialing code for Panama is +507.

What is the internet domain for Panama?

The country code top-level domain (ccTLD) for Panama is .pa.

What time zone is Panama in?

Panama uses the America/Panama time zone.

What is Panama known for?

Panama is a transcontinental country connecting Central America with South America. It is renowned for the Panama Canal, a vital waterway that allows ships to travel between the Pacific and Atlantic Oceans, significantly reducing travel time and cost.