Panama is a country that has had a very important population growth throughout the XXI century. Between 1950 and 2010, the population in Panama increased from 839 thousand people to almost 3.3 million. By 2010, Panama had a registered population of 3,322,576 inhabitants. This makes it one of the least populated countries in the Americas. More than 70% of Panamanians live in urban areas and half live in the city of Panama.

By July 1st, it is estimated that the population in Panama will grow to 4,037,043 inhabitants, according to the National Institute of Statistics and Census of the General Comptroller.

Population in Panama – Gogetit Highlights

* The last census conducted in 2010, revealed that Panama has 1,033,394 houses.

* The average age of the population in Panama is 29 years old by July 1st this year. It is estimated that by July 1, 2050, ie, in 34 years, the average age will be 39 years old.

* For the year 2050, the population in Panama is estimated to be 5 million 625 thousand 442 inhabitants.

About 50 years ago, in the period between 1970 and 1990, the population in Panama grew at a rate of 2.4%. Later, between 1990 and 2000, would grow 2.0% and then grow on average 1.8% between 2000 and 2008. The population was mostly rural in Panama, but between the 1960s and 1990s, Panama went from being a country with rural population to one country with a majority of urban population. Between 1960 and 1990, the urban population grew at a rate of 3% per year, then increased to 4% annually between 1990 and 2000.

population in Panama

Migratory movements occurred in the country since about 10 years, contributed significantly to the increase in population in the country. Also, the investment in Panama is another factor that contributed to this growth. In fact, in late May 2010, the National Institute of Statistics and Census reported that Panama had a population of 3 million 186 thousand 262 inhabitants, based on the preliminary results of XI Population Census. That is, they would have 850,781 new people in five years.

Many foreigners have arrived to Panama and have become the country in their new home. Panama is the result of migration, but it is important to take some steps to cover the basic needs that require action groups.

Official information issued by the National Institute of Statistics and Census of the General Comptroller, states that 50.2% are men and 49.8 women. The sex ratio is 100.7 men for every 100 women. As for the representation of age groups in the total number of people between 15 and 64 years, will be 65% of the population, the greater bulk of the people. Then, between zero and 14, will be located 27% of the population, and 65 and over, will be 8%.

population in Panama

Silvia Merida Pellicer
Gogetit Content Manager. Author of important reviews for Gogetit News, “The #1 Source for real estate news in Panama.”
Specialized in the search and analysis of the most important news about real estate in Panama.