Population growth rate in Panama

Panama: Population growth rate was 1.3% in 2023. ▼ Falling

Latest (2023)
1.3%
Change on year
down 3.1%
World rank
95th
of 236 countries
All-time high
3.0%
in 1963
All-time low
1.2%
in 2021
Years of data
74
1950–2023

Population growth rate in Panama, 1950–2023

0123195019862023

Source: UN, World Population Prospects (2024) – processed by Our World in Data. Measured in %.

Analysis

In 2023, population growth rate in Panama stood at 1.3%.

Compared with earlier readings it is down 3.1% on the previous year and down 25.5% over ten years.

Over the whole period, population growth rate in Panama peaked at 3.0% in 1963 and was at its lowest, 1.2%, in 2021.

That places Panama 95th out of 236 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 74 years of available data.

Population growth rate in Panama, year by year

Annual values for Population growth rate in Panama, 1950 to 2023.
Year % Change
1950 2.4%
1951 2.5% +3.8%
1952 2.6% +3.3%
1953 2.6% +2.9%
1954 2.7% +1.4%
1955 2.7% +1.1%
1956 2.7% +1.4%
1957 2.8% +1.4%
1958 2.8% +1.6%
1959 2.9% +2.1%
1960 2.9% +2.2%
1961 3.0% +2.0%
1962 3.0% +1.1%
1963 3.0% +0.6%
1964 3.0% -0.7%
1965 3.0% -1.1%
1966 3.0% -0.9%
1967 2.9% -1.5%
1968 2.9% -1.5%
1969 2.8% -1.3%
1970 2.8% -0.8%
1971 2.8% -0.9%
1972 2.7% -1.8%
1973 2.7% -2.2%
1974 2.6% -1.9%
1975 2.6% -2.3%
1976 2.5% -2.4%
1977 2.5% -2.3%
1978 2.4% -1.8%
1979 2.4% -0.9%
1980 2.4% -0.7%
1981 2.4% -0.2%
1982 2.4% -0.4%
1983 2.3% -0.2%
1984 2.3% -1.0%
1985 2.3% -1.8%
1986 2.2% -1.7%
1987 2.2% -1.8%
1988 2.2% -1.6%
1989 2.1% -2.3%
1990 2.1% +1.1%
1991 2.1% -1.8%
1992 2.1% -1.0%
1993 2.1% -0.6%
1994 2.1% -1.0%
1995 2.0% -1.1%
1996 2.0% -0.6%
1997 2.0% -0.5%
1998 2.0% -0.8%
1999 2.0% -0.8%
2000 2.0% -1.0%
2001 1.9% -0.8%
2002 1.9% -0.9%
2003 1.9% -0.7%
2004 1.9% -0.2%
2005 1.9% -1.9%
2006 1.8% -1.4%
2007 1.8% -0.8%
2008 1.8% -0.7%
2009 1.8% -1.2%
2010 1.8% -1.1%
2011 1.8% +0.1%
2012 1.8% -1.2%
2013 1.7% -1.3%
2014 1.7% -0.1%
2015 1.7% +0.1%
2016 1.7% -0.3%
2017 1.7% -1.5%
2018 1.6% -3.1%
2019 1.5% -6.7%
2020 1.2% -21.0%
2021 1.2% -0.9%
2022 1.3% +10.6%
2023 1.3% -3.1%

Panama compared with similar countries

  • Panama's 1.3% is above the median for high income countries, which is 0.5%, 2.6× the median. (85 countries reporting)
  • Panama's 1.3% is above the median for Latin America & Caribbean, which is 0.5%, 2.6× the median. (42 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 2.7% 2.4% 2.9% 10
1960s 3.0% 2.8% 3.0% 10
1970s 2.6% 2.4% 2.8% 10
1980s 2.3% 2.1% 2.4% 10
1990s 2.0% 2.0% 2.1% 10
2000s 1.9% 1.8% 2.0% 10
2010s 1.7% 1.5% 1.8% 10
2020s 1.3% 1.2% 1.3% 4

Countries ranked near Panama

  1. 92 South Africa 1.3% compare
  2. 93 Mongolia 1.3% compare
  3. 94 Malta 1.3% compare
  4. 96 Cambodia 1.3% compare
  5. 97 Paraguay 1.2% compare
  6. 98 Malaysia 1.2% compare

See the full ranking of 236 places →

More population data for Panama

All data for Panama →

Frequently asked questions

What is population growth rate in Panama?
Population growth rate in Panama was 1.3% in 2023, according to UN, World Population Prospects (2024) – processed by Our World in Data.
What is the highest population growth rate recorded in Panama?
The highest recorded value was 3.0% in 1963.
What is the lowest population growth rate recorded in Panama?
The lowest recorded value was 1.2% in 2021.
How does Panama rank for population growth rate?
Panama ranks 95th out of 236 countries with data for 2023.
Is population growth rate rising or falling in Panama?
Over the last ten years it is down 25.5%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from UN, World Population Prospects (2024) – processed by Our World in Data, published as part of Population growth rate. Statizoid updates them automatically from the source API.

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Population growth rate in Panama. Statizoid, drawing on UN, World Population Prospects (2024) – processed by Our World in Data. Retrieved 22 September 2026, from https://population.statizoid.com/stat/population-growth-rates/panama/

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About this data

Indicator
Population growth rate
Unit
%
Source
UN, World Population Prospects (2024) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
236 places, 17,464 data points, 1950–2023
Last refreshed

Annual rate at which the population is growing, expressed as a percentage.