Countries
Key facts
- Capital
- Panama City
- Region
- Americas, Central America
- Population
- 4,571,189 (2025)
- Area
- 78,200 km²
- Currency
- Panamanian balboa (PAB), United States dollar (USD)
- Languages
- Spanish, English
- Calling code
- +507
- Internet domain
- .pa
- ISO codes
- PA, PAN, 591
- Time zone
- UTC-5:00
- United Nations
- Member state
- Postal code pattern
- ##### (# = digit, @ = letter)
Land and position
Panama covers about 78,200 square kilometres. By area it ranks 120th among the 250 countries and territories on this site. It is a little smaller than Czechia and a little larger than Sierra Leone. It shares a land border with 2 neighbours: Colombia, Costa Rica. Its centre lies at about 9° north, 80° west, in the northern hemisphere.
Neighbours
People
About 4.57 million people live in Panama (World Bank, 2025). That makes it the 129th most populous of the 246 places on this site with a figure. On average there are 58 people to each square kilometre. About 66 percent of people live in towns and cities (World Bank, 2025). A baby born there can expect to live about 80 years (World Bank, 2024). Languages listed for it: Spanish, English. A person from Panama is called Panamanian.
Money and economy
The currency is the Panamanian balboa (code PAB, symbol B/.). Also listed as used here: United States dollar (USD). The World Bank puts the size of its economy (GDP) at about US$ 90.5 billion (2025), which is about US$ 19,790 for each person (2025).
Time
Panama uses one time zone, UTC-5:00 (America/Panama). Clocks stay the same all year: there is no daylight saving time.
Time now: loading
Offsets are for January 2026. See Time Zones for a converter.
Largest cities
| City | People |
|---|---|
| Panama City | 408,168 |
| San Miguelito | 321,501 |
| Juan Díaz | 100,636 |
| David | 82,907 |
| Colón | 78,000 |
| Arraiján | 76,815 |
City figures are from GeoNames and count the city itself, not the wider urban area. They can be some years old, so use them to see the order of size.
More in Central America
Belize, El Salvador, Guatemala, Honduras, Nicaragua. See the whole region.
Figures were collected on 11 November 2026 from the World Bank, GeoNames and the open countries data set. See About and data sources. Borders and names follow those sources and do not express any view on disputed territory.