Current Date And Time In Panama
Saturday, 27 June 2026
13:01:38 EST
Capital: Panama City
Currency: United States dollar (USD)
Timezone: UTC -05:00 (EST)
Population: 4,525,514
Discover comprehensive geographic, demographic and strategic intelligence for Panama, featuring detailed insights into population statistics, territorial measurements, economic indicators, timezone data and geopolitical positioning. This authoritative country profile serves business professionals, market researchers, location analysts and strategic planners requiring accurate Panama data for commercial decision-making.
Benefits for Professionals: Hourly-updated current date & time ◆ Accurate territorial statistics ◆ Global population rankings ◆ Currency conversion data ◆ Geographic coordinate systems ◆ Mobile-optimized access ◆ Strategic location insights ◆ Business intelligence ◆ Market research foundation for currency exchange analysis, planning international operations and researching comparative country data
| Category | Attribute | Value |
|---|---|---|
| Country | ||
| Full Name | Panama | |
| Short Name | PAN | |
| National Capital | Panama City | |
| Continent | North America | |
| Population | ||
| Total Population | 4,525,514 | |
| Density per km2 (mi2) | 61 (158) | |
| Percentage In World Population | 0.056% | |
| Area | ||
| Land Area In km2 (mi2) | 74,340 (28,703) | |
| % In World Land Area | 0.057% | |
| Water Area In km2 (mi2) | 1,080 (417) | |
| % In World Water Area | 0.025% | |
| Total Area In km2 (mi2) | 75,420 (29,120) | |
| % In World Total Area | 0.056% | |
| Area Rank in World | Rank #119 › View area rankings | |
| Currency | ||
| Name | United States Dollar | |
| Code ISO-4217 | USD | |
| Symbol | $ | |
| Language | ||
| National and Official Languages | Spanish | |
| Dialing Code | ||
| Country Calling Code | +507 | |
| International Exit Prefix | 00 | |
| Internet Top-Level Domain (TLD) | ||
| Domain | .pa | |
| Elevation | ||
| In Meter | 1,157 | |
| In Feet | 3,796 | |
| GPS Coordinates | ||
| Latitude | 8.54 | |
| Longitude | -80.78 | |
| Decimal Degrees (DD) | 8.538° N 80.782° W | |
| Degrees Minutes Seconds (DMS) | 8° 32' 17" N 80° 46' 56" W | |
| Degrees Decimal Minutes (DDM) | 8° 32.28' N 80° 46.92' W | |
| Time Zone | ||
| UTC Offset | -05:00 | |
| Daylight Saving Time (DST) | No Daylight Saving Time, same UTC offset for all year | |
| Country Codes ISO-3166 | ||
| Two Letter | PA | |
| Three Letter | PAN | |
| Numeric | 591 |
Explore the top 5 most populous states and territories in Panama. This section highlights key demographic and administrative insights, including state capitals, total land area, and population density metrics. Click on any state's name to view detailed statistics, geographic profiles, and list of cities.
| State Name | Capital City | Population | Area | Density |
|---|---|---|---|---|
| Panamá | Panama City | 1,439,575 | 75,517 km² | 54.5 /km² |
| Panamá Oeste Province | La Chorrera | 653,665 | 2,880 km² | 108.0 /km² |
| Chiriquí Province | David | 462,056 | 6,491 km² | 16.7 /km² |
| Colón | Colón City | 281,956 | 4,891 km² | 12.5 /km² |
| Coclé | Penonomé | 268,264 | 4,927 km² | 28.5 /km² |
With a population of 4,525,514 people, Panama represents a significant demographic market within North America. Population density and distribution patterns provide crucial insights for market entry strategies, consumer behavior analysis, urban planning and infrastructure development projects. Business professionals conducting demographic research will find comprehensive population statistics essential for market sizing, demand forecasting and commercial feasibility studies.
Spanning across specific territorial boundaries, Panama's geographic positioning offers strategic advantages for logistics operations, supply chain management and regional trade facilitation. Land area measurements and coordinate systems support geospatial analysis, property development planning and location-based business intelligence. GPS coordinates enable precise mapping for site selection, asset tracking and service area optimization.
The United States dollar (USD) serves as Panama's official currency, with exchange rate fluctuations impacting international trade, foreign investment returns and cross-border transactions. Financial professionals utilize currency data for forex trading strategies, hedging decisions, pricing analysis and treasury management. Hourly-updated exchange rates support import-export cost calculations, revenue projections and multinational financial planning.
Operating within its designated timezone, Panama requires careful scheduling consideration for international meetings, customer service coverage, trading hours alignment and global team coordination. Understanding timezone differences enables effective business process outsourcing, 24/7 operations planning and synchronized supply chain management. Daylight saving time variations affect contract timing, delivery schedules and communication windows with international partners.
Internet domain and international dialing codes of Panama facilitate digital presence establishment, telecommunications infrastructure and online business operations. Domain information supports brand protection strategies, local market positioning and SEO optimization for regional audiences. Calling codes enable customer support systems, sales operations and global communication networks essential for multinational business expansion.
Positioned within North America, Panama's geographic location influences trade route accessibility, regional market integration and cross-border business opportunities. Proximity to neighboring countries affects supply chain logistics, distribution strategies and market expansion priorities. Understanding regional dynamics supports risk assessment, competitive analysis and strategic partnership development — explore all states of Panama for sub-national market intelligence.
As of the latest data, Panama has a population of approximately 4,525,514 people. This represents approximately 0.06% of the world's total population. Country is located in North America, with its capital at Panama City. For more detailed population statistics and demographics, explore our comprehensive database.
Official currency of Panama is the United States dollar (USD), represented by the symbol $. For current exchange rates and conversion tools, visit our United States dollar currency converter. We provide hourly-updated international currency exchange rates for financial planning and forex trading.
Panama operates in the -05:00 timezone. Current local time is displayed at the top of this page. Understanding timezone differences is crucial for international business operations, scheduling meetings and coordinating with partners in Panama.
Official language of Panama is Spanish. Understanding the local language is essential for travelers, business professionals and students planning to visit or work in Panama. For comprehensive information about languages spoken worldwide and linguistic diversity, explore our language database.
Panama covers a land area of approximately 74,340 square kilometers (28,703 square miles). This makes it the 116th largest country by land area. For comparative analysis of country sizes and territorial data, explore our comprehensive geographic database.
Discover detailed profiles of other nations in North America. Compare demographics, currencies, timezones and geographic data across the continent:
