Population for Panama
POPTTLPAA148NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.25
Year-over-Year Change
22.95%
Date Range
1/1/1950 - 1/1/2019
Summary
The 'Population for Panama' data series measures the total population of Panama. This metric is crucial for economists and policymakers to understand demographic trends and their impact on the Panamanian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'Population for Panama' data series tracks the total number of people residing in Panama. This information is vital for analyzing population growth, urbanization, and other demographic factors that influence economic and social development in the country.
Methodology
The data is collected through national census surveys and population estimates conducted by the Panamanian government.
Historical Context
Policymakers and analysts use this data to inform decisions on infrastructure, social services, and economic planning.
Key Facts
- Panama's population is over 4.3 million as of 2022.
- The population has grown by over 10% in the last decade.
- Panama has a young population, with a median age of just 29 years.
FAQs
Q: What does this economic trend measure?
A: The 'Population for Panama' data series measures the total number of people residing within the borders of Panama.
Q: Why is this trend relevant for users or analysts?
A: This population data is crucial for understanding demographic changes and their impact on the Panamanian economy, informing decisions on infrastructure, social services, and economic planning.
Q: How is this data collected or calculated?
A: The data is collected through national census surveys and population estimates conducted by the Panamanian government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this population data to inform decisions on infrastructure, social services, and broader economic planning for Panama.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Panamanian government, but there may be occasional delays or limitations in data collection and reporting.
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Citation
U.S. Federal Reserve, Population for Panama (POPTTLPAA148NRUG), retrieved from FRED.