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Panama counts 4,625,718 residents as of 2026. That is a 5-fold increase on the 860,850 recorded in 1950. It is expanding at +1.17% a year, adding about 54K people a year. Population density sits at 62 people/km². Half the population is younger than 30.6 years, and the age structure is steadily tilting older: the median is projected to reach 38.2 by 2050. The sexes are close to evenly balanced, at 100 males per 100 females. By 2100, UN projections put it at 5,904,927, up +28% from 2026.
Total population
4,625,718
Density
62 people/km²
Median age
30.6 years
Growth rate
+1.17%
Panama's population continues to grow, though at a moderate pace. The population is aging rapidly; median age will rise from 31 in 2026 to 38 by 2050.