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Identity
Regime
presidential system
Capital
Panama City
Population
4,064,780
Area
75,417 km²
Currency
PAB
Executive
Head of State
José Raúl Mulino
2024
2024
Head of Government
José Raúl Mulino
2024
2024
Cabinet (size)
1
Parliament
71 seats
1 chamber(s)
1 chamber(s)
Governance
V-Dem (0-1)
0.73
#50
#50
Freedom House
82/100
Free
Free
CPI corruption
33/100
#116
#116
Press RSF
62/100
#65
#65
Economy
GDP (B$)
90 Md$
2025
2025
GDP / capita
19,790 $
2025
2025
Growth %
4.4 %
2025
2025
Inflation %
-0.2 %
2025
2025
Unemployment %
8.4 %
2025
2025
Defense & nuclear
Defense budget
—
Nuclear posture
—
Listed military units
0
International posture
Sanctions
—
Chokepoints
Canal de Panamá
Alliances
UN · WTO · OAS
Alignment USA · RUS · CHN
58% · 33% · 51%
UN vote
UN vote
Treaties ratified (of 10)
—