Moving to Panama from Nigeria

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What to Expect

Considering a move from Nigeria to Panama? Here's how the two compare on cost, climate, safety, and more.

If you moved from Nigeria to Panama, you would find that Panama is 2.4 times more expensive than Nigeria overall. A NGN103,376,008 salary in Nigeria would need to be roughly PAB102,870 in Panama to maintain the same lifestyle, and you’d need to navigate life in Spanish.

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How Far Will Your Money Go?

A breakdown of how everyday costs differ between Nigeria and Panama.

What does your salary buy?

NGN103,376,008 PAB102,870

To maintain the same standard of living in Panama

Calculate with your salary →

How key spending categories compare

Restaurants

pay 2.9 times more

Groceries

pay 45.2% more

Transportation

pay 26.2% more

Housing

pay 85.5% more

Childcare

pay 5.4 times more

Entertainment and Sports

pay 98.3% more

See full cost of living breakdown
Exchange rate: 1 NGN = 0.0007 PAB (July 2026)

Data: MyLifeElsewhere's crowdsourced cost of living database, with prices submitted and updated by users worldwide. Exchange rates are refreshed regularly from public sources.

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Who Else Is Making This Move?

What the data shows about people moving from Nigeria to Panama.

Living there in 2020
43 ↑ 16% vs 2015

people born in Nigeria live in Panama · UN DESA

Who's moving to Panama?

Top countries of origin for Panama's foreign-born residents.

Foreign-born population · UN DESA (2020)

Key Indicator Comparison

The numbers behind daily life in Panama compared to Nigeria.

Is it safe?

Homicide rate United Nations SDG Indicators, 2022

per 100,000 people per year

NG
21.7
PA
11.3
Feel safe walking at night United Nations SDG Indicators, 2019

of residents who feel safe walking alone at night

NG
79%
PA
33%

Panama generally does better on safety, though Nigeria leads in feel safe walking at night.

How's the healthcare?

Healthcare spending per person World Bank, 2023

annual government + private spending per person

NG
$260
PA
$3,318
Doctors per 10,000 people United Nations SDG Indicators, 2022

affects wait times and access to care

NG
3.9
PA
17.3

Panama generally does better on health & wellbeing, though Nigeria leads in healthcare spending per person.

What about the environment?

Air pollution deaths United Nations SDG Indicators, 2019

deaths attributable to air pollution per 100k people

NG
77.0
PA
17.0
CO₂ emissions per capita World Bank, 2024

tonnes of CO₂ emitted per person per year

NG
0.6t
PA
2.7t

Nigeria generally does better on environment, though Panama leads in air pollution deaths.

Will I have good infrastructure?

Broadband per 100 people United Nations SDG Indicators, 2022

fixed broadband subscriptions — key for remote work

NG
0.0
PA
15.5
Water stress level United Nations SDG Indicators, 2021

higher means greater strain on freshwater supply

NG
9.7%
PA
0.9%

Panama performs significantly better than Nigeria across all infrastructure metrics.

What are the job prospects?

Unemployment rate The World Factbook, 2023

percentage of the labour force without work

NG
3.1%
PA
6.7%
GDP per capita The World Factbook, 2023

a broad measure of economic output per person

NG
$5,700
PA
$35,800

Nigeria generally does better on employment & economy, though Panama leads in gdp per capita.

Is it good for families?

Life expectancy The World Factbook, 2022

average years of life at birth

NG
61.3 yrs
PA
77.6 yrs
Infant mortality The World Factbook, 2022

deaths per 1,000 live births — lower is better

NG
56.7
PA
16.4

Panama performs significantly better than Nigeria across all family life metrics.

Data: Federal Inland Revenue Service, Nigeria, The World Factbook, United Nations SDG Indicators, World Bank

What's the Climate Like?

Monthly averages — select a city to compare.

Abuja Rain: 48.1 in/yr (1221 mm)
91° / 68°F

Avg. annual high / low

Panama City Rain: 75.1 in/yr (1907 mm)
93° / 68°F

Avg. annual high / low

Months Abuja Panama City
Jan–Mar 97°/74°F (36°/23°C) 94°/65°F (34°/18°C)
Apr–Jun 91°/69°F (33°/21°C) 94°/69°F (35°/21°C)
Jul–Sep 85°/66°F (29°/19°C) 92°/70°F (34°/21°C)
Oct–Dec 93°/64°F (34°/18°C) 91°/68°F (33°/20°C)
View all months
Month Abuja Panama City
Jan 94°/69°F (34.7°/20.4°C) 92°/65°F (33.4°/18.5°C)
Feb 98°/78°F (36.8°/25.5°C) 94°/65°F (34.2°/18.4°C)
Mar 98°/76°F (36.9°/24.3°C) 95°/65°F (34.8°/18.4°C)
Apr 96°/76°F (35.6°/24.7°C) 96°/67°F (35.4°/19.5°C)
May 91°/67°F (32.7°/19.5°C) 94°/70°F (34.5°/21.1°C)
Jun 87°/65°F (30.6°/18.3°C) 93°/70°F (33.8°/21.3°C)
Jul 84°/71°F (29.1°/21.9°C) 93°/70°F (33.9°/21.0°C)
Aug 84°/64°F (28.9°/17.7°C) 93°/70°F (33.9°/20.9°C)
Sep 86°/64°F (30.0°/17.5°C) 91°/70°F (32.9°/21.0°C)
Oct 90°/71°F (32.0°/21.4°C) 91°/69°F (32.6°/20.8°C)
Nov 94°/60°F (34.4°/15.7°C) 91°/69°F (32.9°/20.3°C)
Dec 94°/60°F (34.6°/15.5°C) 92°/67°F (33.3°/19.2°C)

Data: Nigerian Meteorological Agency Nigerian Meteorological Agency, IMHPA - Instituto de Meteorología e Hidrología de Panamá IMHPA - Instituto de Meteorología e Hidrología de Panamá

Visitor Visa Requirements

Short-stay tourist visa rules between Nigeria and Panama. To live, work, or study long-term in Panama, you'll need a separate residence or work visa — check Panama's immigration authority.

Nigeria passport

Nigeria passport holder visiting Panama

Visa Required
Nigeria passport holders need a visa to enter Panama.
Panama passport

Panama passport holder visiting Nigeria

Visa Online (e-Visa)
Panama passport holders need to apply for an e-Visa before travelling to Nigeria.

Data: Henley Passport Index. Check with the destination country's embassy for the most current requirements.

Frequently Asked Questions

Is it cheaper to live in Panama than Nigeria?

On average Panama is around 37% pricier than Nigeria, with notable variation by city.

How much money do I need to move to Panama?

Budget about PAB25,718 for 3 months in Panama (based on a NGN103,376,008 comparable annual salary), then add the one-off costs: flights, shipping, a rental deposit, and visa fees.

Can I work remotely from Panama?

Connectivity is usually fine (Panama: 15.5 fixed broadband per 100). What actually decides it is legal: does Panama offer a digital nomad visa, will your employer permit overseas work, and where are you tax-resident?

Is Panama safe for expats?

Panama generally does better on safety, though Nigeria leads in feel safe walking at night. The homicide rate in Panama is 11.3 per 100,000 people, compared to 21.7 in Nigeria. About 33% of people in Panama feel safe walking alone at night.

How is healthcare in Panama compared to Nigeria?

Panama generally does better on health & wellbeing, though Nigeria leads in healthcare spending per person. There are 17.3 doctors per 10,000 people in Panama, compared to 3.9 in Nigeria. Panama scores 78 on the WHO universal health coverage index (Nigeria: 38).

What's the weather like in Panama compared to Nigeria?

The average high temperature in Panama City is 93°F, compared to 91°F in Abuja. Panama City receives around 75.1 in of rainfall per year, while Abuja gets 48.1 in.

What language do they speak in Panama?

The official language in Panama is Spanish. In Nigeria, the official language is English.

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At a Glance

NG PA
Population 225,082,083 4,337,768
Currency Nigerian Naira (NGN) Panamanian Balboa (PAB)
Languages English Spanish
Driving side Right Right
Calling code +234 +507
Time zones 1 1
Emergency number 112 911