Panama Map
Panama is a village in Lancaster County, Nebraska, United States. It is part of the Lincoln, Nebraska Metropolitan Statistical Area. The population was 253 at the 2000 census.
Panama is located at 40°35?52?N 96°30?38?W / 40.59778°N 96.51056°W / 40.59778; -96.51056 (40.597640, -96.510599).
According to the United States Census Bureau, the village has a total area of 0.3 square miles (0.7 km²), all of it land.
Nearby cities include Palmyra, Sterling, Cortland, Unadilla, Walton.