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.