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Compare British Virgin Islands (2002) - Panama (2003)
Compare British Virgin Islands (2002) z Panama (2003)
| British Virgin Islands (2002) | Panama (2003) | |
 |  | |
| Administrative divisions | none (overseas territory of the UK) | 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas |
| Age structure | 0-14 years: 22.4% (male 2,401; female 2,351)
15-64 years: 72.7% (male 7,962; female 7,509) 65 years and over: 4.9% (male 565; female 484) (2002 est.) |
0-14 years: 30.6% (male 461,670; female 443,671)
15-64 years: 63.3% (male 950,089; female 924,038) 65 years and over: 6.1% (male 86,006; female 95,310) (2003 est.) |
| Agriculture - products | fruits, vegetables; livestock, poultry; fish | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp |
| Airports | 3 (2001) | 103 (2002) |
| Airports - with paved runways | total: 2
914 to 1,523 m: 1 under 914 m: 1 (2002) |
total: 41
over 3,047 m: 1 2,438 to 3,047 m: 1 1,524 to 2,437 m: 5 914 to 1,523 m: 13 under 914 m: 21 (2002) |
| Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2002) |
total: 62
914 to 1,523 m: 12 under 914 m: 50 (2002) |
| Area | total: 153 sq km
land: 153 sq km water: 0 sq km note: comprised of 16 inhabited and more than 20 uninhabited islands; includes the island of Anegada |
total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
| Area - comparative | about 0.9 times the size of Washington, DC | slightly smaller than South Carolina |
| Background | First settled by the Dutch in 1648, the islands were annexed in 1672 by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. | With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999. |
| Birth rate | 15.09 births/1,000 population (2002 est.) | 20.78 births/1,000 population (2003 est.) |
| Budget | revenues: $121.5 million
expenditures: $115.5 million, including capital expenditures of $NA (1997) |
revenues: $1.9 billion
expenditures: $2 billion, including capital expenditures of $471 million (2000 est.) |
| Capital | Road Town | Panama |
| Climate | subtropical; humid; temperatures moderated by trade winds | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) |
| Coastline | 80 km | 2,490 km |
| Constitution | 1 June 1977 | 11 October 1972; major reforms adopted 1978, 1983 and 1994 |
| Country name | conventional long form: none
conventional short form: British Virgin Islands abbreviation: BVI |
conventional long form: Republic of Panama
conventional short form: Panama local long form: Republica de Panama local short form: Panama |
| Currency | US dollar (USD) | balboa (PAB); US dollar (USD) |
| Death rate | 4.42 deaths/1,000 population (2002 est.) | 6.25 deaths/1,000 population (2003 est.) |
| Debt - external | $36.1 million (1997) | $7 billion (2002 est.) |
| Dependency status | overseas territory of the UK; internal self-governing | - |
| Diplomatic representation from the US | none (overseas territory of the UK) | chief of mission: Ambassador Linda Ellen WATT
embassy: Avenida Balboa and Calle 37, Apartado Postal 0816-02561, Zona 5, Panama City 5 mailing address: American Embassy Panama, Unit 0945, APO AA 34002 telephone: [507] 207-7000 FAX: [507] 227-1964 |
| Diplomatic representation in the US | none (overseas territory of the UK) | chief of mission: Ambassador Roberto ALFARO Estripeaut
chancery: 2862 McGill Terrace NW, Washington, DC 20008 telephone: [1] (202) 483-1407 FAX: [1] (202) 483-8416 consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, San Juan (Puerto Rico), Tampa |
| Disputes - international | none | none |
| Economic aid - recipient | NA | $197.1 million (1995) |
| Economy - overview | The economy, one of the most stable and prosperous in the Caribbean, is highly dependent on tourism, generating an estimated 45% of the national income. An estimated 350,000 tourists, mainly from the US, visited the islands in 1998. In the mid-1980s, the government began offering offshore registration to companies wishing to incorporate in the islands, and incorporation fees now generate substantial revenues. Roughly 400,000 companies were on the offshore registry by yearend 2000. The adoption of a comprehensive insurance law in late 1994, which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses, is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands, the British Virgin Islands has used the dollar as its currency since 1959. | Panama's economy is based primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-02. The government has been backing public works programs, tax reforms, new regional trade agreements, and development of tourism in order to stimulate growth. |
| Electricity - consumption | 39.1 million kWh (1999) | 3.681 billion kWh (2001) |
| Electricity - exports | 0 kWh (1999) | 118 million kWh (2001) |
| Electricity - imports | 0 kWh (1999) | 43 million kWh (2001) |
| Electricity - production | 42 million kWh (1999) | 4.039 billion kWh (2001) |
| Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (1999) |
fossil fuel: 37%
hydro: 61.3% nuclear: 0% other: 1.7% (2001) |
| Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 m |
lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
| Environment - current issues | limited natural fresh water resources (except for a few seasonal streams and springs on Tortola, most of the islands' water supply comes from wells and rainwater catchments) | water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources |
| Environment - international agreements | - | party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified: Marine Life Conservation |
| Ethnic groups | black 83%, white, Indian, Asian and mixed | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% |
| Exchange rates | the US dollar is used | balboas per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998) |
| Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952), represented by Governor Tom MACAN (since 14 October 2002)
head of government: Chief Minister Ralph T. O'NEAL (since 15 May 1995) cabinet: Executive Council appointed by the governor from members of the Legislative Council elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed chief minister by the governor |
chief of state: President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government
head of government: President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government cabinet: Cabinet appointed by the president elections: president and vice presidents elected on the same ticket by popular vote for five-year terms; election last held 2 May 1999 (next to be held NA May 2004) election results: Mireya Elisa MOSCOSO Rodriguez elected president; percent of vote - Mireya Elisa MOSCOSO Rodriguez (PA) 44%, Martin TORRIJOS (PRD) 37% note: government coalition - PA, MOLIRENA, Democratic Change, MORENA, PLN, PS |
| Exports | $6.2 million | NA (2001) |
| Exports - commodities | rum, fresh fish, fruits, animals; gravel, sand | bananas, shrimp, sugar, coffee, clothing (1999) |
| Exports - partners | Virgin Islands (US), Puerto Rico, US | US 47.8%, Sweden 5.8%, Costa Rica 4.8%, Honduras 4.4% (2002) |
| Fiscal year | 1 April - 31 March | calendar year |
| Flag description | blue, with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful) | divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center |
| GDP | purchasing power parity - $311 million (2000 est.) | purchasing power parity - $18.06 billion (2002 est.) |
| GDP - composition by sector | agriculture: 2%
industry: 6% services: 92% (1996 est.) |
agriculture: 7%
industry: 17% services: 76% (2001 est.) |
| GDP - per capita | purchasing power parity - $16,000 (2000 est.) | purchasing power parity - $6,200 (2002 est.) |
| GDP - real growth rate | 4.4% (2000 est.) | 0.7% (2002 est.) |
| Geographic coordinates | 18 30 N, 64 30 W | 9 00 N, 80 00 W |
| Geography - note | strong ties to nearby US Virgin Islands and Puerto Rico | strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean |
| Highways | total: 177 km
paved: 177 km unpaved: 0 km (2000) |
total: 11,400 km
paved: 3,944 km (including 30 km of expressways) unpaved: 7,456 km (1999) |
| Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: 1.2%
highest 10%: 35.7% (1997) |
| Illicit drugs | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center | major cocaine transshipment point and primary money laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem |
| Imports | $230 million (2000 est.) | NA (2001) |
| Imports - commodities | building materials, automobiles, foodstuffs, machinery | capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999) |
| Imports - partners | Virgin Islands (US), Puerto Rico, US | US 34.3%, Colombia 5.9%, Japan 5.4%, Costa Rica 4.2%, Venezuela 4.2% (2002) |
| Independence | none (overseas territory of the UK) | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) |
| Industrial production growth rate | 4% (1985) | 0.5% (2002 est.) |
| Industries | tourism, light industry, construction, rum, concrete block, offshore financial center | construction, petroleum refining, brewing, cement and other construction materials, sugar milling |
| Infant mortality rate | 19.55 deaths/1,000 live births (2002 est.) | total: 21.44 deaths/1,000 live births
male: 23.59 deaths/1,000 live births female: 19.19 deaths/1,000 live births (2003 est.) |
| Inflation rate (consumer prices) | 3.3% (2000) | 1.1% (2001 est.) |
| International organization participation | Caricom (associate), CDB, ECLAC (associate), Interpol (subbureau), IOC, OECS (associate), UNESCO (associate) | ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO (correspondent), ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO |
| Internet Service Providers (ISPs) | 16 (2000) | 6 (2000) |
| Irrigated land | NA sq km | 320 sq km (1998 est.) |
| Judicial branch | Eastern Caribbean Supreme Court, consisting of the High Court of Justice and the Court of Appeal (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction | Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal |
| Labor force | 4,911 (1980) | 1.1 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.) |
| Labor force - by occupation | agriculture NA%, industry NA%, services NA% | agriculture 20.8%, industry 18%, services 61.2% (1995 est.) |
| Land boundaries | 0 km | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
| Land use | arable land: 20%
permanent crops: 6.67% other: 73.33% (1998 est.) |
arable land: 6.72%
permanent crops: 2.08% other: 91.2% (1998 est.) |
| Languages | English (official) | Spanish (official), English 14%
note: many Panamanians bilingual |
| Legal system | English law | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations |
| Legislative branch | unicameral Legislative Council (13 seats; members are elected by direct popular vote, one member from each of 9 electoral districts, four at-large members; members serve four-year terms)
elections: last held 17 May 1999 (next to be held NA 2003) election results: percent of vote by party - NA%; seats by party - VIP 7, CCM 1, NDP 5 |
unicameral Legislative Assembly or Asamblea Legislativa (71 seats; members are elected by popular vote to serve five-year terms)
elections: last held 2 May 1999 (next to be held NA May 2004) election results: percent of vote by party - NA%; seats by party - PRD 34, PA 18, PDC 5, PS 4, MOLIRENA 3, PLN 3, Democratic Change 2, PRC 1, MORENA 1 note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula |
| Life expectancy at birth | total population: 75.85 years
male: 74.9 years female: 76.84 years (2002 est.) |
total population: 72.32 years
male: 69.97 years female: 74.79 years (2003 est.) |
| Literacy | definition: age 15 and over can read and write
total population: 97.8% (1991 est.) male: NA% female: NA% |
definition: age 15 and over can read and write
total population: 92.6% male: 93.2% female: 91.9% (2003 est.) |
| Location | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico | Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica |
| Map references | Central America and the Caribbean | Central America and the Caribbean |
| Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 3 NM |
contiguous zone: 24 NM
exclusive economic zone: 200 NM territorial sea: 12 NM |
| Merchant marine | total: 1 ship (1,000 GRT or over) totaling 70,285 GRT/6,946 DWT
ships by type: passenger 1 (2002 est.) |
total: 4,860 ships (1,000 GRT or over) 122,543,755 GRT/184,910,607 DWT
ships by type: barge carrier 5, bulk 1,443, cargo 846, chemical tanker 376, combination bulk 72, combination ore/oil 17, container 588, liquefied gas 207, livestock carrier 6, multi-functional large-load carrier 12, passenger 38, passenger/cargo 3, petroleum tanker 537, railcar carrier 2, refrigerated cargo 287, roll on/roll off 107, short-sea passenger 41, specialized tanker 33, vehicle carrier 240 note: includes some foreign-owned ships registered here as a flag of convenience: Albania 2, Angola 1, Antigua and Barbuda 1, Argentina 11, Australia 13, Austria 2, The Bahamas 5, Belgium 2, Belize 6, Brazil 6, British Virgin Islands 8, Cambodia 1, Canada 9, Chile 12, China 259, Colombia 14, Croatia 2, Cuba 20, Cyprus 3, Denmark 3, Dominican Republic 1, Ecuador 3, Egypt 16, Equatorial Guinea 1, France 9, Germany 72, Greece 523, Haiti 1, Honduras 3, Hong Kong 299, Iceland 1, India 18, Indonesia 48, Ireland 1, Israel 5, Italy 9, Japan 1,642, Kenya 1, Kuwait 2, Latvia 8, Liberia 5, Lithuania 1, Malaysia 18, Malta 2, Marshall Islands 1, Mexico 8, Monaco 112, Netherlands 19, Netherlands Antilles 1, Nigeria 3, Norway 98, Paraguay 1, Peru 15, Philippines 49, Poland 5, Portugal 7, Puerto Rico 2, Romania 7, Russia 12, Saint Kitts and Nevis 1, Saint Vincent and the Grenadines 5, Saudi Arabia 4, Seychelles 1, Singapore 112, South Africa 3, South Korea 342, Spain 52, Sri Lanka 3, Sudan 1, Sweden 2, Switzerland 81, Taiwan 334, Thailand 14, Trinidad and Tobago 1, Tunisia 1, Turkey 4, Ukraine 1, UAE 54, UK 73, US 115, Venezuela 6 (2002 est.) |
| Military - note | defense is the responsibility of the UK | on 10 February 1990, the government of then President ENDARA abolished Panama's military and reformed the security apparatus by creating the Panamanian Public Forces; in October 1994, Panama's Legislative Assembly approved a constitutional amendment prohibiting the creation of a standing military force, but allowing the temporary establishment of special police units to counter acts of "external aggression" |
| Military branches | - | an amendment to the Constitution abolished the armed forces, but there are security forces (Panamanian Public Forces or PPF includes the Panamanian National Police, National Maritime Service, and National Air Service) |
| Military expenditures - dollar figure | - | $128 million (FY99) |
| Military expenditures - percent of GDP | - | 1.3% (FY99) |
| Military manpower - availability | - | males age 15-49: 797,456 (2003 est.) |
| Military manpower - fit for military service | - | males age 15-49: 544,967 (2003 est.) |
| National holiday | Territory Day, 1 July | Independence Day, 3 November (1903) |
| Nationality | noun: British Virgin Islander(s)
adjective: British Virgin Islander |
noun: Panamanian(s)
adjective: Panamanian |
| Natural hazards | hurricanes and tropical storms (July to October) | occasional severe storms and forest fires in the Darien area |
| Natural resources | NEGL | copper, mahogany forests, shrimp, hydropower |
| Net migration rate | 10.91 migrant(s)/1,000 population (2002 est.) | -0.97 migrant(s)/1,000 population (2003 est.) |
| Pipelines | - | crude oil 130 km (2001) |
| Political parties and leaders | Concerned Citizens Movement or CCM [Ethlyn SMITH]; National Democratic Party or NDP [Orlando SMITH]; United Party or UP [Gregory MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL] | Arnulfista Party or PA [Mireya Elisa MOSCOSO Rodriguez]; Civic Renewal Party or PRC [Serguei DE LA ROSA]; Democratic Change [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Raul ARANGO Gasteazopo]; National Renovation Movement or MORENA [Pedro VALLARINO Cox]; Nationalist Republican Liberal Movement or MOLIRENA [Ramon MORALES]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA]; Solidarity Party or PS [Samuel LEWIS Galindo] |
| Political pressure groups and leaders | NA | Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Union of Construction and Similar Workers (SUNTRACS); National Council of Private Enterprise or CONEP; Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP |
| Population | 21,272 (July 2002 est.) | 2,960,784 (July 2003 est.) |
| Population below poverty line | NA% | 37% (1999 est.) |
| Population growth rate | 2.16% (2002 est.) | 1.36% (2003 est.) |
| Ports and harbors | Road Town | Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte |
| Radio broadcast stations | AM 1, FM 4, shortwave 0 (1998) | AM 101, FM 134, shortwave 0 (1998) |
| Radios | 9,000 (1997) | - |
| Railways | 0 km | total: 355 km
broad gauge: 76 km 1.524-m gauge narrow gauge: 279 km 0.914-m gauge (2002) |
| Religions | Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 2%), Roman Catholic 10%, none 2%, other 2% (1991) | Roman Catholic 85%, Protestant 15% |
| Sex ratio | at birth: 1.04 male(s)/female
under 15 years: 1.02 male(s)/female 15-64 years: 1.06 male(s)/female 65 years and over: 1.17 male(s)/female total population: 1.06 male(s)/female (2002 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.9 male(s)/female total population: 1.02 male(s)/female (2003 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal and compulsory |
| Telephone system | general assessment: worldwide telephone service
domestic: NA international: submarine cable to Bermuda |
general assessment: domestic and international facilities well developed
domestic: NA international: 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System |
| Telephones - main lines in use | 10,000 (1996) | 396,000 (1997) |
| Telephones - mobile cellular | NA | 17,000 (1997) |
| Television broadcast stations | 1 (plus one cable company) (1997) | 38 (including repeaters) (1998) |
| Terrain | coral islands relatively flat; volcanic islands steep, hilly | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills |
| Total fertility rate | 1.72 children born/woman (2002 est.) | 2.53 children born/woman (2003 est.) |
| Unemployment rate | 3% (1995) | 16% (2002 est.) |
| Waterways | none | 882 km
note: 800 km navigable by shallow draft vessels; 82 km Panama Canal |
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