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Compare Cayman Islands (2005) - Panama (2002)
Compare Cayman Islands (2005) z Panama (2002)
| Cayman Islands (2005) | Panama (2002) | |
 |  | |
| Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | 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: 21.1% (male 4,658/female 4,662)
15-64 years: 70.8% (male 15,284/female 16,050) 65 years and over: 8.2% (male 1,699/female 1,917) (2005 est.) |
0-14 years: 29.6% (male 433,494; female 418,120)
15-64 years: 64.3% (male 939,550; female 914,646) 65 years and over: 6.1% (male 84,130; female 92,389) (2002 est.) |
| Agriculture - products | vegetables, fruit; livestock, turtle farming | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp |
| Airports | 3 (2004 est.) | 107 (2001) |
| Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2004 est.) |
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 (2004 est.) |
total: 62
914 to 1,523 m: 12 under 914 m: 50 (2002) |
| Area | total: 262 sq km
land: 262 sq km water: 0 sq km |
total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
| Area - comparative | 1.5 times the size of Washington, DC | slightly smaller than South Carolina |
| Background | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent. | 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 | 12.92 births/1,000 population (2005 est.) | 18.6 births/1,000 population (2002 est.) |
| Budget | revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of NA (1997) |
revenues: $1.9 billion
expenditures: $2 billion, including capital expenditures of $471 million (2000 est.) |
| Capital | George Town | Panama |
| Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) |
| Coastline | 160 km | 2,490 km |
| Constitution | 1959; revised 1972 and 1992 | 11 October 1972; major reforms adopted 1978, 1983 and 1994 |
| Country name | conventional long form: none
conventional short form: Cayman Islands |
conventional long form: Republic of Panama
conventional short form: Panama local long form: Republica de Panama local short form: Panama |
| Currency | - | balboa (PAB); US dollar (USD) |
| Death rate | 4.81 deaths/1,000 population (2005 est.) | 4.96 deaths/1,000 population (2002 est.) |
| Debt - external | $70 million (1996) | $7.6 billion (2001 est.) |
| Dependency status | overseas territory of the UK | - |
| 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 6959, 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
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, Tampa |
| Disputes - international | none | none |
| Economic aid - recipient | NA | $197.1 million (1995) (1995) |
| Economy - overview | With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. | Panama's economy is based primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include 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 2000-01. The government plans public works programs, tax reforms, and new regional trade agreements in order to stimulate growth. |
| Electricity - consumption | 382.1 million kWh (2002) | 4.651 billion kWh (2000) |
| Electricity - exports | 0 kWh (2002) | 20 million kWh (2000) |
| Electricity - imports | 0 kWh (2002) | 120 million kWh (2000) |
| Electricity - production | 410.8 million kWh (2002) | 4.894 billion kWh (2000) |
| Electricity - production by source | - | fossil fuel: 29%
hydro: 69% nuclear: 0% other: 1% (2000) |
| Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: The Bluff 43 m |
lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
| Environment - current issues | no natural fresh water resources; drinking water supplies must be met by 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 | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% |
| Exchange rates | Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) | balboas per US dollar - 1.000 (fixed rate) |
| Executive branch | chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business |
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 | NA | $5.9 billion f.o.b. (2001 est.) |
| Exports - commodities | turtle products, manufactured consumer goods | bananas, shrimp, sugar, coffee, clothing |
| Exports - partners | mostly US | US 45.9%, Sweden 8.1%, Benelux 5.3%, Costa Rica 5.1% (2000 est.) |
| 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 Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS | 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 - $16.9 billion (2001 est.) |
| GDP - composition by sector | agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 7%
industry: 17% services: 76% (2000 est.) |
| GDP - per capita | purchasing power parity - $32,300 (2004 est.) | purchasing power parity - $5,900 (2001 est.) |
| GDP - real growth rate | 1.7% (2002 est.) | 1.4% (2001 est.) |
| Geographic coordinates | 19 30 N, 80 30 W | 9 00 N, 80 00 W |
| Geography - note | important location between Cuba and Central America | 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: 785 km
paved: 785 km (2000) |
total: 11,592 km
paved: 4,079 km (including 30 km of expressways) unpaved: 7,513 km (2000) |
| Household income or consumption by percentage share | lowest 10%: NA
highest 10%: NA |
lowest 10%: 1%
highest 10%: 36% (1997) (1997) |
| Illicit drugs | offshore financial center; vulnerable to drug transshipment to the US and Europe | 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 | NA | $6.7 billion f.o.b. (2001 est.) |
| Imports - commodities | foodstuffs, manufactured goods | capital goods, crude oil, foodstuffs, consumer goods, chemicals |
| Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | US 33.1%, Ecuador 7.2%, Venezuela 6.6%, Japan 5.5% (2000 est.) |
| Independence | none (overseas territory of the UK) | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) |
| Industrial production growth rate | NA% | 2% (2000 est.) |
| Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | construction, petroleum refining, brewing, cement and other construction materials, sugar milling |
| Infant mortality rate | total: 8.19 deaths/1,000 live births
male: 9.39 deaths/1,000 live births female: 6.97 deaths/1,000 live births (2005 est.) |
19.57 deaths/1,000 live births (2002 est.) |
| Inflation rate (consumer prices) | 2.8% (2002) | 1% (2000 est.) |
| International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU | CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, 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, WFTU, WHO, WIPO, WMO, WToO, WTrO |
| Internet Service Providers (ISPs) | - | 6 (2000) |
| Irrigated land | NA sq km | 320 sq km (1998 est.) |
| Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | 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 | 19,820 (1995) | 1.1 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.) |
| Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | agriculture 21%, industry 18%, services 61% (1995 est.) |
| Land boundaries | 0 km | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
| Land use | arable land: 3.85%
permanent crops: 0% other: 96.15% (2001) |
arable land: 6.72%
permanent crops: 2.08% other: 91.2% (1998 est.) |
| Languages | English | Spanish (official), English 14%
note: many Panamanians bilingual |
| Legal system | British common law and local statutes | 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 Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)
elections: last held 11 May 2005 (next to be held 2009) election results: percent of vote - NA%; seats - PPM 9, UDP 5, independent 1 |
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: 79.95 years
male: 77.33 years female: 82.6 years (2005 est.) |
total population: 75.89 years
male: 73.14 years female: 78.74 years (2002 est.) |
| Literacy | definition: age 15 and over has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
definition: age 15 and over can read and write
total population: 90.8% male: 91.4% female: 90.2% (1995 est.) |
| Location | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras | 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 | territorial sea: 12 nm
exclusive fishing zone: 200 nm |
contiguous zone: 24 NM
exclusive economic zone: 200 NM territorial sea: 12 NM |
| Merchant marine | total: 129 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT
by type: bulk carrier 29, cargo 12, chemical tanker 39, liquefied gas 1, petroleum tanker 17, refrigerated cargo 28, roll on/roll off 3 foreign-owned: 126 (Denmark 1, Germany 14, Greece 20, Italy 12, Norway 1, Philippines 1, Sweden 13, Switzerland 11, United Kingdom 9, United States 44) (2005) |
total: 4,838 ships (1,000 GRT or over) totaling 118,878,358 GRT/180,588,102 DWT
ships by type: bulk 1,445, cargo 907, chemical tanker 337, combination bulk 73, combination ore/oil 18, container 560, liquefied gas 207, livestock carrier 5, multi-functional large-load carrier 12, passenger 38, passenger/cargo 3, petroleum tanker 542, railcar carrier 2, refrigerated cargo 283, roll on/roll off 104, short-sea passenger 38, specialized tanker 34, vehicle carrier 230 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, Bahamas, The 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 1642, 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, United Arab Emirates 54, United Kingdom 73, United States 115, Venezuela 6, Virgin Islands (UK) 8 (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 | no regular military forces; Royal Cayman Islands Police Force | 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: 789,973 (2002 est.) |
| Military manpower - fit for military service | - | males age 15-49: 540,052 (2002 est.) |
| National holiday | Constitution Day, first Monday in July | Independence Day, 3 November (1903) |
| Nationality | noun: Caymanian(s)
adjective: Caymanian |
noun: Panamanian(s)
adjective: Panamanian |
| Natural hazards | hurricanes (July to November) | occasional severe storms and forest fires in the Darien area |
| Natural resources | fish, climate and beaches that foster tourism | copper, mahogany forests, shrimp, hydropower |
| Net migration rate | 18.25 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2005 est.) |
-1.04 migrant(s)/1,000 population (2002 est.) |
| Pipelines | - | crude oil 130 km (2001) |
| Political parties and leaders | no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] | 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 | 44,270 (July 2005 est.) | 2,882,329 (July 2002 est.) |
| Population below poverty line | NA (2002 est.) | 37% (1999 est.) |
| Population growth rate | 2.64% (2005 est.) | 1.26% (2002 est.) |
| Ports and harbors | Cayman Brac, George Town | Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte |
| Radio broadcast stations | AM 1, FM 4, shortwave 0 (2004) | AM 101, FM 134, shortwave 0 (1998) |
| Radios | - | 815,000 (1997) |
| Railways | - | total: 355 km
broad gauge: 76 km 1.524-m gauge narrow gauge: 279 km 0.914-m gauge (2001) |
| Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | Roman Catholic 85%, Protestant 15% |
| Sex ratio | at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.89 male(s)/female total population: 0.96 male(s)/female (2005 est.) |
at birth: 1.04 male(s)/female
under 15 years: 1.04 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.91 male(s)/female total population: 1.02 male(s)/female (2002 est.) |
| Suffrage | 18 years of age; universal | 18 years of age; universal and compulsory |
| Telephone system | general assessment: reasonably good system
domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station - 1 Intelsat (Atlantic Ocean) |
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 | 38,000 (2002) | 396,000 (1997) |
| Telephones - mobile cellular | 17,000 (2002) | 17,000 (1997) |
| Television broadcast stations | 4 with cable system (2004) | 38 (including repeaters) (1998) |
| Terrain | low-lying limestone base surrounded by coral reefs | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills |
| Total fertility rate | 1.9 children born/woman (2005 est.) | 2.22 children born/woman (2002 est.) |
| Unemployment rate | 4.1% (1997) | 13% (2000 est.) |
| Waterways | - | 882 km
note: 800 km navigable by shallow draft vessels; 82 km Panama Canal |
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