Panama

Republic of Panama

PA / PAN Americas Americas

4.5M

Population

$86.3B

GDP

651

Payment BINs

101

Issuers

General Information

Capital Panama City

Continent Americas

Region Americas

Subregion Central America & Caribbean

Currency balboas (PAB)

Languages Spanish (official) Indigenous languages (including Ngabere (Guaymi) Buglere Kuna Embera Wounaan Naso (Teribe) and Bri Bri) Panamanian English Creole (a mixture of English and Spanish with elements of Ngabere also known as Guari Guari and Colon Creole) English Chinese (Yue and Hakka) Arabic French Creole other (Yiddish Hebrew Korean Japanese)

Timezones UTC-5

Area 75,420 km²

Map Reference Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica

Borders Colombia Costa Rica

Demographics

Population (2023) 4,458,759

Density 59.1 per km²

Urban Population 69.5%

Median Age 31.5 years

Life Expectancy 79.2 years

Major Cities PANAMA CITY

Economy

GDP (2024) $86.3B

GDP Per Capita (2023) $18,701

Inflation (2024) 0.7%

Unemployment (2024) 6.6%

Public Debt 37.4% of GDP

Exchange Rate (2024) 1.000 to USD

Financial Markets

Stock Exchanges 4

Listed Equities 6

Dominant Currency USD

Card Brands (Top 5)

Card Types

Card Categories (Top 5)

Leading Issuers

#	Issuer	BINs
1	BANCO GENERAL, S.A.	40
2	MULTIBANK INC.	30
3	CREDICORP BANK, S.A.	27
4	BAC INTERNATIONAL BANK INC	22
5	BANESCO, S.A.	22
6	MERCANTIL BANCO, S.A.	22
7	ST. GEORGES BANK & COMPANY INC.	21
8	THE BANK OF NOVA SCOTIA (PANAMA BRANCH)	20
9	BANISTMO S.A	17
10	BAC INTERNATIONAL BANK (PANAMA) INC.	16

View All Issuers

Top Stock Exchanges

#	Exchange	Listings	Code	Currency
1	New York Stock Exchange	2	NYQ	USD
2	Frankfurt Stock Exchange	2	FRA	EUR
3	Euronext Amsterdam	1	AMS	USD
4	OTC Bulletin Board	1	PNK	USD

Main Exports

1. copper ore

2. ships

3. refined petroleum

4. bananas

5. fish (2023)

Main Imports

1. crude petroleum

2. ships

3. refined petroleum

4. nitrogen compounds

5. cars (2023)