Palma's 2026 population is now estimated at 487,966. In 1950, the population of Palma was 135,592. Palma has grown by 2,088 in the last year, which represents a 0.43% annual change. These population estimates and projections come from the latest revision of the UN World Urbanization Prospects. These estimates represent the Urban agglomeration of Palma, which typically includes Palma's population in addition to adjacent suburban areas.