Age composition in 2026:
| Panama | Nicaragua | |
|---|---|---|
| Young Population | 24.15%1,116,945 | 27.87%1,978,108 |
| Working Age Population | 65.88%3,047,221 | 66.26%4,702,707 |
| Elderly Population | 9.98%461,553 | 5.87%416,517 |
In 2026, the median age is 31.6 years in Panama and 27.3 years in Nicaragua.Panama already reached Nicaraguaโs current median age in 2012, about 14 years ahead in population aging.
The total population of Panama peaks in 2080 at 6,029,729.The total population of Nicaragua peaks in 2071 at 9,236,795.
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 Nicaragua will be 49.4%, and 12.83% of the population will be elderly.
| Panama | Nicaragua | ||
|---|---|---|---|
| Demographic dividend (dependency ratio below 50%) | None between 1950 and 2100 | 2028โ2051 | |
| Aging society (65+ reaches 7%) | 2015 | 2032 17 years later | |
| Aged society (65+ reaches 14%) | 2037 | 2053 16 years later | |
| Super-aged society (65+ reaches 20%) | 2055 | 2068 13 years later |