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Panama Mobile Subscriptions

Mobile cellular subscriptions per 100 people  IT.CEL.SETS.P2

Panama's mobile subscriptions was 166.41 in 2025, ranked 23rd globally. This represents a 6.3% increase from 2024. Data from World Bank, covering 1960–2025.

166.41 +9.82 (+6.3%)
Year 2025 Rank #23 Global Peak 183.17 (2010) Source World Bank

Panama Mobile Subscriptions (1960–2025)

Overview

Panama's mobile subscriptions stood at 166.41 in 2025, a rise of +9.82 from 2023. Based on recent trends, this figure is projected to reach 166.41 by 2025. Panama ranked 23rd globally.

Panama's mobile subscription growth has been a steady trend over the past five decades, with the country experiencing a significant increase in mobile penetration since its inception. Initially, the number of mobile subscriptions in Panama stood at 0.00 in 1960, indicating a complete absence of mobile phone services. However, by 1995, the country hit an all-time low of 0.00 subscriptions, likely due to the limited availability and high costs of mobile services. On the other hand, the peak year for mobile subscriptions in Panama was 2010, with 183.17 subscriptions per 100 people, showcasing a significant improvement in mobile penetration. As of 2025, Panama ranked 23rd globally with 166.41 mobile subscriptions per 100 people, slightly behind Thailand which ranked 20th with 166.88 subscriptions. The steady growth in mobile subscriptions is expected to continue, but a rise in 5G adoption and increasing smartphone costs could potentially alter the trajectory of this trend.

Data & projection

Year Mobile Subscriptions YoY change Rank
2026* trend 171.19 - -
2025* trend 166.41 - -
2025 166.41 +9.82 #23
2023 156.59 +4.52 #22
2022 152.06 +4.16 #25
2021 147.90 +5.62 #21
2020 142.28 +4.71 #24
2019 137.57 +0.27 #30
2018 137.30 +8.47 #28
2017 128.83 +1.21 #50
2016 127.62 −17.38 #51
2015 145.00 −32.44 #28
2014 177.44 +15.24 #6
2013 162.20 −3.09 #13
2012 165.29 −17.07 #11
2011 182.36 −0.81 #6
2010 183.17 +12.97 #7
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 2.9% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw mobile subscriptions improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's mobile subscriptions?▾

Panama's mobile subscriptions was 166.41 in 2025. Ranked 23rd globally. This represents a 6.3% increase from the previous year.

What was the highest mobile subscriptions in Panama?▾

Panama's mobile subscriptions peaked at 183.17 in 2010.

What was the lowest mobile subscriptions in Panama?▾

The lowest mobile subscriptions in Panama was 0.00 in 1960.

How does Panama rank in mobile subscriptions?▾

Panama ranks 23rd globally in mobile subscriptions as of 2025.

What is the World Bank indicator code for mobile subscriptions?▾

The World Bank indicator code is IT.CEL.SETS.P2. Data sourced from World Bank.

What is the projected mobile subscriptions of Panama in 2025?▾

Panama's mobile subscriptions is projected to reach 166.41 by 2025 based on trend extrapolation.

What is the mobile subscriptions of Panama in 2025?▾

The mobile subscriptions of Panama in 2025 was 166.41. This ranks 23rd in the world.

Cite this page

APA
Panama Mobile Subscriptions. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/panama/mobile-subscriptions/
BibTeX
@misc{historysaid_panama_mobile-subscriptions, title = {Panama Mobile Subscriptions}, url = {https://historysaid.com/panama/mobile-subscriptions/}, publisher = {HistorySaid}, year = {2026} }
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