Panama PanamaLatin America & Caribbean

Panama: 81st largest economy, 166th in military spending

Head of state José Raúl MulinoCapital Panama City
Population4.6M#126 of 194 in the world · 2025
GDP$90.5B#81 of 193 in the world · 2025
GDP per person$19.8k#58 of 193 in the world · 2025
Fossil fuel output0.0 TWh#168 of 186 in the world · 2016
Military spending$0.0#166 of 167 in the world · 2024

Bars show the share of states this actor is ahead of. Rank is among states, each at its latest year.

Sanctions activity

all designations →

14 parties tied to Panama added to the US, UK or EU lists in the last 180 days.

  • 2026-10-21 · added · GLORIS (vessel) · US list ↗
  • 2026-10-21 · added · Konstantinos KARNAKIS KOSMAS (person) · US list ↗
  • 2026-10-21 · added · ANEMOS (vessel) · US list ↗
  • 2026-10-21 · added · DESTINY (vessel) · US list ↗

Attacks reported

attack log →

≥ 6 events in or near Panama, last 30 days reported by the sources; the strongest are listed. No source sees every attack.

  • 2026-10-27 · Armed clash · Panama Canal, Panama (general), Panama · GDELT ↗ · machine-coded
  • 2026-10-27 · Armed clash · Panama Canal, Panama (general), Panama · GDELT ↗ · machine-coded
  • 2026-10-27 · Armed clash · Panama Canal, Panama (general), Panama · GDELT ↗ · machine-coded
  • 2026-10-27 · Armed clash · Panama Canal, Panama (general), Panama · GDELT ↗ · machine-coded

What Panama's officials said lately

Newest first. 2 more by others are about Panama. The whole record →

  • PanamaEloy Alfaro de Alba · Ambassador, Panama · 29 Oct

    paraphrase Ambassador Alfaro de Alba said ship-tracking tools and secure information exchange can help detect vulnerabilities and prevent incidents, but this requires institutionalized cooperation among states, maritime authorities, port operators, ship owners and the tech sector.

    Policy · constructive toward International Maritime Order transcript ↗

  • PanamaJose Raul Mulino · President, Panama · 25 Oct

    “We will continue working together for our countries.”

    Commitment · constructive toward Panama, Brazil as reported by The Straits Times ↗

A statement shows what was said, not that it is true.

4.6M people, 66% in cities

  • Population4.6M2025
  • Population growth1.2%2025
  • Urban population66.2%2025
  • Land area74.2k km²2023

A $90.5B economy, $19.8k per person

  • GDP$90.5B2025
  • GDP (purchasing power)$201B2025
  • GDP per person$19.8k2025
  • GDP per person (purchasing power)$43.9k2025
  • GDP growth4.4%2025

Fuels are 1% of goods exports

  • Exports, share of GDP44.4%2024
  • Imports, share of GDP39.3%2024
  • Fuels, share of goods exports1.0%2024
  • Exports of goods and services$38.4B2024
  • Imports of goods and services$34B2024

Fossil fuel output of 0.0 TWh

Oilmade 0.0 TWhno figureused
Gasmade 0.0 TWhno figureused
Coalmade 0.0 TWhno figureused
  • Fossil fuel production (oil + gas + coal)0.0 TWh2016
  • Primary energy consumption102 TWh2023
  • Energy use per person22.9 MWh2023
  • Electricity generation13 TWh2024
  • Electricity from fossil fuels32.0%2024

Spends $0.0 on its military

  • Military spending$0.02024
  • Armed forces personnel28k2020
  • Arms exports (SIPRI trend-indicator value, 1990 US$)$1M2019

Where these numbers come from

Leaders as of 2026-10-05. Figures fetched 2026-10-05; each shows its own year.