This overview provides a summary of the selected indicators, including their latest values, changes over time, and key statistics.
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This indicator tracks the total number of people residing in Panama. It is a fundamental demographic metric, essential for understanding the size of the labor force, consumer base, and overall demand for goods and services. Economists and policymakers use this data to forecast economic growth, plan for public services like education and healthcare, and assess the impact of migration and natural population changes on the economy. The total population is typically calculated through national censuses conducted periodically, supplemented by vital statistics (births, deaths) and migration data for intercensal estimates. An increasing population generally signals a growing economy and potential for increased consumption, while a declining or stagnant population can indicate economic challenges, such as emigration due to poor economic prospects or an aging demographic.
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