Panama (2001) | Micronesia, Federated States of (2002) | |
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Administrative divisions | 9 provinces (provincias, singular - provincia) and one territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas | 4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), Yap |
Age structure | 0-14 years:
30.13% (male 436,661; female 420,625) 15-64 years: 63.86% (male 920,787; female 896,520) 65 years and over: 6.01% (male 81,682; female 89,372) (2001 est.) |
0-14 years: NA%
15-64 years: NA% 65 years and over: NA% |
Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens |
Airports | 107 (2000 est.) | 7 (2001) |
Airports - with paved runways | total:
42 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: 22 (2000 est.) |
total: 6
1,524 to 2,437 m: 4 914 to 1,523 m: 2 (2002) |
Airports - with unpaved runways | total:
65 914 to 1,523 m: 13 under 914 m: 52 (2000 est.) |
total: 1
914 to 1,523 m: 1 (2002) |
Area | total:
78,200 sq km land: 75,990 sq km water: 2,210 sq km |
total: 702 sq km
land: 702 sq km water: 0 sq km (fresh water only) note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae |
Area - comparative | slightly smaller than South Carolina | four times the size of Washington, DC (land area only) |
Background | 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. | In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the US. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid. |
Birth rate | 19.06 births/1,000 population (2001 est.) | NA births/1,000 population |
Budget | revenues:
$2.8 billion expenditures: $2.9 billion, including capital expenditures of $471 million (2000 est.) |
revenues: $161 million ($69 million less grants)
expenditures: $160 million, including capital expenditures of $NA (1998 est.) |
Capital | Panama | Palikir |
Climate | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) | tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage |
Coastline | 2,490 km | 6,112 km |
Constitution | 11 October 1972; major reforms adopted 1978, 1983 and 1994 | 10 May 1979 |
Country name | conventional long form:
Republic of Panama conventional short form: Panama local long form: Republica de Panama local short form: Panama |
conventional long form: Federated States of Micronesia
conventional short form: none former: Ponape, Truk, and Yap Districts (Trust Territory of the Pacific Islands) abbreviation: FSM |
Currency | balboa (PAB); US dollar (USD) | US dollar (USD) |
Death rate | 4.95 deaths/1,000 population (2001 est.) | NA deaths/1,000 population |
Debt - external | $7.56 billion (2000 est.) | $66.5 million |
Diplomatic representation from the US | chief of mission:
Ambassador Simon FERRO embassy: Avenida Balboa and Calle 37, Apartado 6959, Panama City 5 mailing address: American Embassy Panama, Unit 0945, APO AA 34002 telephone: [507] 207-7000 FAX: [507] 227-1964 |
chief of mission: Ambassador Larry DINGER
embassy: address NA, Kolonia mailing address: P. O. Box 1286, Kolonia, Pohnpei, Federated States of Micronesia 96941 telephone: [691] 320-2187 FAX: [691] 320-2186 |
Diplomatic representation in the US | chief of mission:
Ambassador Alfredo BOYD chancery: 2862 McGill Terrace NW, Washington, DC 20008 telephone: [1] (202) 483-1407 consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, Tampa |
chief of mission: Ambassador Jesse Bibiano MAREHALAU
chancery: 1725 N Street NW, Washington, DC 20036 telephone: [1] (202) 223-4383 FAX: [1] (202) 223-4391 consulate(s) general: Honolulu and Tamuning (Guam) |
Disputes - international | none | none |
Economic aid - recipient | $197.1 million (1995) | under terms of the Compact of Free Association, the US pledged $1.3 billion in grant aid during the period 1986-2001 |
Economy - overview | 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, high oil prices, and the withdrawal of US military forces held back economic growth in 2000. The government plans public works programs, tax reforms, and new regional trade agreements in order to stimulate growth in 2001. | Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remote location and a lack of adequate facilities hinder development. In 1996, the country experienced a 20% reduction in revenues from the Compact of Free Association - the agreement with the US in which Micronesia received $1.3 billion in financial and technical assistance over a 15-year period until 2001. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. Economic activity recovered in 1999-2001. The country's medium-term economic outlook appears fragile due to likely further reductions in external grants made under the US Compact funding. Geographical isolation and a poorly developed infrastructure remain major impediments to long-term growth. |
Electricity - consumption | 4.049 billion kWh (1999) | NA kWh |
Electricity - exports | 95 million kWh (1999) | - |
Electricity - imports | 40 million kWh (1999) | - |
Electricity - production | 4.413 billion kWh (1999) | NA kWh |
Electricity - production by source | fossil fuel:
27.78% hydro: 71.65% nuclear: 0% other: 0.57% (1999) |
fossil fuel: NA%
hydro: NA% nuclear: NA% other: NA% |
Elevation extremes | lowest point:
Pacific Ocean 0 m highest point: Volcan de Chiriqui 3,475 m |
lowest point: Pacific Ocean 0 m
highest point: Dolohmwar (Totolom) 791 m |
Environment - current issues | water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal | overfishing, climate change, pollution |
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 signed, but not ratified: Marine Life Conservation |
party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection
signed, but not ratified: none of the selected agreements |
Ethnic groups | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% | nine ethnic Micronesian and Polynesian groups |
Exchange rates | balboas per US dollar - 1.000 (fixed rate) | the US dollar is used |
Executive branch | 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 |
chief of state: President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government
head of government: President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government cabinet: Cabinet elections: president and vice president elected by Congress from among the four senators-at-large for four-year terms; election last held NA May 1999 (next to be held NA May 2003); note - a proposed constitutional amendment to establish popular elections for president and vice president failed election results: Leo A. FALCAM elected president; percent of Congress vote - NA%; Redley KILLION elected vice president; percent of Congress vote - NA% |
Exports | $5.7 billion (f.o.b., 2000 est.) | $22 million (f.o.b.) |
Exports - commodities | bananas, shrimp, sugar, coffee, clothing | fish, garments, bananas, black pepper |
Exports - partners | US 42%, Germany 11%, Costa Rica 5%, Benelux 4%, Italy 4% (1999) | Japan, US, Guam |
Fiscal year | calendar year | 1 October - 30 September |
Flag description | 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 | light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern |
GDP | purchasing power parity - $16.6 billion (2000 est.) | purchasing power parity - $269 million
note: GDP is supplemented by grant aid, averaging perhaps $100 million annually (2001 est.) |
GDP - composition by sector | agriculture:
7% industry: 16.5% services: 76.5% (1999 est.) |
agriculture: 50%
industry: 4% services: 46% (2000 est.) |
GDP - per capita | purchasing power parity - $6,000 (2000 est.) | purchasing power parity - $2,000 (2001 est.) |
GDP - real growth rate | 2.5% (2000 est.) | 2% (2001 est.) |
Geographic coordinates | 9 00 N, 80 00 W | 6 55 N, 158 15 E |
Geography - note | 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 | four major island groups totaling 607 islands |
Highways | total:
11,592 km paved: 4,079 km (including 30 km of expressways) unpaved: 7,513 km (2000) |
total: 240 km
paved: 42 km unpaved: 198 km (1996) |
Household income or consumption by percentage share | lowest 10%:
1.2% highest 10%: 35.7% (1997) |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | major cocaine transshipment point and major drug money-laundering center; no recent signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem; Panama was cited by the Financial Action Task Force (FATF) an international organization that includes the US Government, for its lack of cooperation in the fight against international money laundering | - |
Imports | $6.9 billion (f.o.b., 2000 est.) | $149 million f.o.b. |
Imports - commodities | capital goods, crude oil, foodstuffs, consumer goods, chemicals | food, manufactured goods, machinery and equipment, beverages |
Imports - partners | US 39%, Colon Free Zone 14%, Japan 8%, Ecuador 6%, Mexico 5% (1999) | US, Australia, Japan |
Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | 3 November 1986 (from the US-administered UN Trusteeship) |
Industrial production growth rate | 2% (2000 est.) | NA% |
Industries | construction, petroleum refining, brewing, cement and other construction materials, sugar milling | tourism, construction, fish processing, craft items from shell, wood, and pearls |
Infant mortality rate | 20.18 deaths/1,000 live births (2001 est.) | NA deaths/1,000 live births |
Inflation rate (consumer prices) | 1.8% (2000 est.) | 2.5% (2001 est.) |
International organization participation | CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO | ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IFRCS (associate), IMF, IOC, ITU, OPCW, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO, WMO |
Internet Service Providers (ISPs) | 6 (2000) | 1 (2000) |
Irrigated land | 320 sq km (1993 est.) | NA sq km |
Judicial branch | Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal | Supreme Court |
Labor force | 1.1 million (2000 est.)
note: shortage of skilled labor, but an oversupply of unskilled labor |
NA |
Labor force - by occupation | agriculture 20.8%, industry 18%, services 61.2% (1995 est.) | two-thirds are government employees |
Land boundaries | total:
555 km border countries: Colombia 225 km, Costa Rica 330 km |
0 km |
Land use | arable land:
7% permanent crops: 2% permanent pastures: 20% forests and woodland: 44% other: 27% (1993 est.) |
arable land: 5.71%
permanent crops: 45.71% other: 48.58% (1998 est.) |
Languages | Spanish (official), English 14%
note: many Panamanians bilingual |
English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi |
Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations | based on adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws |
Legislative branch | 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 |
unicameral Congress (14 seats; members elected by popular vote; four - one elected from each state - to serve four-year terms and 10 - elected from single-member districts delineated by population - to serve two-year terms)
elections: elections for four-year term seats last held 2 March 1999 (next to be held NA March 2003); elections for two-year term seats last held 6 March 2001 (next to be held NA March 2003) election results: percent of vote - NA%; seats - independents 14 |
Life expectancy at birth | total population:
75.68 years male: 72.94 years female: 78.53 years (2001 est.) |
total population: NA years
male: NA years female: NA years |
Literacy | definition:
age 15 and over can read and write total population: 90.8% male: 91.4% female: 90.2% (1995 est.) |
definition: age 15 and over can read and write
total population: 89% male: 91% female: 88% (1980 est.) |
Location | Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia |
Map references | Central America and the Caribbean | Oceania |
Maritime claims | contiguous zone:
24 NM exclusive economic zone: 200 NM territorial sea: 12 NM |
exclusive economic zone: 200 NM
territorial sea: 12 NM |
Merchant marine | total:
4,711 ships (1,000 GRT or over) totaling 111,515,984 GRT/169,655,363 DWT ships by type: bulk 1,381, cargo 925, chemical tanker 314, combination bulk 71, combination ore/oil 18, container 525, liquefied gas 193, livestock carrier 5, multi-functional large-load carrier 12, passenger 41, passenger/cargo 4, petroleum tanker 544, railcar carrier 2, refrigerated cargo 297, roll on/roll off 106, short-sea passenger 36, specialized tanker 29, vehicle carrier 208 note: includes some foreign-owned ships registered here as a flag of convenience: Argentina 11, Australia 1, Austria 1, Bermuda 21, Belgium 4, The Bahamas 7, Brazil 2, Canada 4, China 154, Chile 4, Cayman Islands 1, Colombia 6, Cuba 7, Cyprus 4, Denmark 12, Egypt 8, Ireland 2, Equatorial Guinea 1, Finland 1, France 4, Germany 17, Greece 248, Hong Kong 158, Honduras 2, Croatia 3, Indonesia 40, India 11, Iran 1, Israel 3, Italy 7, Japan 1,007, Jordan 2, South Korea 223, Latvia 4, Lithuania 1, Liberia 2, Monaco 43, Malta 1, Mexico 5, Malaysia 6, Netherlands 6, Norway 36, Netherlands Antilles 1, Peru 5, Pakistan 1, Portugal 5, Philippines 10, Russia 6, Saudi Arabia 6, Seychelles 2, South Africa 5, Singapore 73, Spain 35, Sweden 4, Syria 11, Switzerland 53, UAE 11, Thailand 15, Taiwan 170, UK 18, US 79, Venezuela 18, Samoa 1 (2000 est.) |
none
note: includes a foreign-owned ship registered here as a flag of convenience: United States 1 (2002 est.) |
Military - note | 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" | Federated States of Micronesia (FSM) is a sovereign, self-governing state in free association with the US; FSM is totally dependent on the US for its defense |
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:
775,966 (2001 est.) |
- |
Military manpower - fit for military service | males age 15-49:
530,916 (2001 est.) |
- |
National holiday | Independence Day, 3 November (1903) | Constitution Day, 10 May (1979) |
Nationality | noun:
Panamanian(s) adjective: Panamanian |
noun: Micronesian(s)
adjective: Micronesian; Chuukese, Kosraen(s), Pohnpeian(s), Yapese |
Natural hazards | NA | typhoons (June to December) |
Natural resources | copper, mahogany forests, shrimp, hydropower | forests, marine products, deep-seabed minerals |
Net migration rate | -1.1 migrant(s)/1,000 population (2001 est.) | NA migrant(s)/1,000 population |
Pipelines | crude oil 130 km (2001) | - |
Political parties and leaders | Arnulfista Party or PA [Mireya Elisa MOSCOSO Rodriguez]; Christian Democratic Party or PDC [Ruben AROSEMENA]; 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]; Solidarity Party or PS [Samuel LEWIS Galindo] | no formal parties |
Political pressure groups and leaders | 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 | 2,845,647 (July 2001 est.) | 135,869 (July 2002 est.) |
Population below poverty line | 37% (1999 est.) | NA% |
Population growth rate | 1.3% (2001 est.) | NA% (2002 est.) |
Ports and harbors | Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte | Colonia (Yap), Kolonia (Pohnpei), Lele, Moen |
Radio broadcast stations | AM 101, FM 134, shortwave 0 (1998) | AM 5, FM 1, shortwave 0 (1998) |
Radios | 815,000 (1997) | 9,400 (1996) |
Railways | total:
355 km broad gauge: 76 km 1.524-m gauge narrow gauge: 279 km 0.914-m gauge |
0 km (2003) |
Religions | Roman Catholic 85%, Protestant 15% | Roman Catholic 50%, Protestant 47% |
Sex ratio | 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 (2001 est.) |
NA |
Suffrage | 18 years of age; universal and compulsory | 18 years of age; universal |
Telephone system | 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 |
general assessment: adequate system
domestic: islands interconnected by shortwave radiotelephone (used mostly for government purposes) international: satellite earth stations - 5 Intelsat (Pacific Ocean) (2002) |
Telephones - main lines in use | 396,000 (1997) | 11,000 (2001) |
Telephones - mobile cellular | 17,000 (1997) | newly installed in Pohnpei and Yap |
Television broadcast stations | 38 (including repeaters) (1998) | 2 (1997) |
Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk |
Total fertility rate | 2.27 children born/woman (2001 est.) | NA children born/woman |
Unemployment rate | 13% (2000 est.) | 16% (1999 est.) |
Waterways | 882 km
note: 800 km navigable by shallow draft vessels; 82 km Panama Canal |
none |