Age composition in 2026:
| Panama | Costa Rica | |
|---|---|---|
| Young Population | 24.15%1,116,945 | 17.83%922,831 |
| Working Age Population | 65.88%3,047,221 | 68.87%3,563,963 |
| Elderly Population | 9.98%461,553 | 13.29%687,987 |
In 2026, the median age is 31.6 years in Panama and 36.7 years in Costa Rica.Costa Rica already reached Panamaโs current median age in 2016, about 10 years ahead in population aging.
The total population of Panama peaks in 2080 at 6,029,729.The total population of Costa Rica peaks in 2044 at 5,381,723.
By 2050, the dependency ratio of Panama will be 58.6%, and 18.52% of the population will be elderly.By 2050, the dependency ratio of Costa Rica will be 61.0%, and 25.28% of the population will be elderly.
| Panama | Costa Rica | ||
|---|---|---|---|
| Demographic dividend (dependency ratio below 50%) | None between 1950 and 2100 | 2007โ2039 | |
| Aging society (65+ reaches 7%) | 2015 6 years later | 2009 | |
| Aged society (65+ reaches 14%) | 2037 9 years later | 2028 | |
| Super-aged society (65+ reaches 20%) | 2055 15 years later | 2040 |