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Panama Net Migration

Net migration  SM.POP.NETM

Panama's net migration was 6,151 in 2025, ranked 169th globally. This represents a 8.3% decrease from 2024. Data from World Bank, covering 1960–2025.

6,151 −555 (-8.3%)
Year 2025 Rank #169 Global Peak 11,130 (2018) Source World Bank

Panama Net Migration (1960–2025)

Overview

Panama's net migration stood at 6,151 in 2025, a decline of +555 from 2024. Based on recent trends, this figure is projected to reach 6,740 by 2026. Panama ranked 169th globally.

Panama's net migration has experienced significant fluctuations over the past 66 years, with the country transitioning from a net emigration of 2,811 people in 1978 to a peak net inflow of 11,130 individuals in 2018. This shift is a notable trend, as the country's economic growth and improved living standards have made it an attractive destination for migrants from neighboring countries and beyond. Panama's current net migration stands at 6,151 people, ranking it 169th globally. This value is comparable to that of South Sudan, which shares a similar net migration rate of 6,145 people. The country's economic growth, driven by its strategic location and business-friendly environment, is likely to continue attracting migrants in the coming years. However, a significant decline in remittances from migrants, or a substantial economic downturn, could alter the trajectory of Panama's net migration trend.

Data & projection

Year Net Migration YoY change Rank
2028* trend 6,759 - -
2027* trend 6,750 - -
2026* trend 6,740 - -
2025 6,151 −555 #169
2024 6,706 −556 #166
2023 7,262 −705 #162
2022 7,967 +2,494 #146
2021 5,473 +0 #158
2020 5,473 −5,150 #157
2019 10,623 −507 #166
2018 11,130 +71 #156
2017 11,059 +950 #159
2016 10,109 +1,461 #155
2015 8,648 +1,543 #162
2014 7,105 +1,179 #160
2013 5,926 +479 #156
2012 5,447 +280 #158
2011 5,167 +214 #156
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 net migration improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's net migration?▾

Panama's net migration was 6,151 in 2025. Ranked 169th globally. This represents a 8.3% decrease from the previous year.

What was the highest net migration in Panama?▾

Panama's net migration peaked at 11,130 in 2018.

What was the lowest net migration in Panama?▾

The lowest net migration in Panama was -2,811 in 1978.

How does Panama rank in net migration?▾

Panama ranks 169th globally in net migration as of 2025.

What is the World Bank indicator code for net migration?▾

The World Bank indicator code is SM.POP.NETM. Data sourced from World Bank.

What is the projected net migration of Panama in 2026?▾

Panama's net migration is projected to reach 6,740 by 2026 based on trend extrapolation.

What is the net migration of Panama in 2025?▾

The net migration of Panama in 2025 was 6,151. This ranks 169th in the world.

Cite this page

APA
Panama Net Migration. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/panama/net-migration/
BibTeX
@misc{historysaid_panama_net-migration, title = {Panama Net Migration}, url = {https://historysaid.com/panama/net-migration/}, publisher = {HistorySaid}, year = {2026} }
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