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Compare Panama (2003) - British Virgin Islands (2007)
Compare Panama (2003) z British Virgin Islands (2007)
| Panama (2003) | British Virgin Islands (2007) | |
 |  | |
| Administrative divisions | 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas | none (overseas territory of the UK) |
| Age structure | 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.) |
0-14 years: 20.2% (male 2,410/female 2,337)
15-64 years: 74.5% (male 9,004/female 8,534) 65 years and over: 5.4% (male 665/female 602) (2007 est.) |
| Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | fruits, vegetables; livestock, poultry; fish |
| Airports | 103 (2002) | 3 (2007) |
| Airports - with paved runways | 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) |
total: 2
914 to 1,523 m: 1 under 914 m: 1 (2007) |
| Airports - with unpaved runways | total: 62
914 to 1,523 m: 12 under 914 m: 50 (2002) |
total: 1
914 to 1,523 m: 1 (2007) |
| Area | total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
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 islands of Tortola, Anegada, Virgin Gorda, Jost van Dyke |
| Area - comparative | slightly smaller than South Carolina | about 0.9 times the size of Washington, DC |
| 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. | First inhabited by Arawak and later by Carib Indians, the Virgin Islands were settled by the Dutch in 1648 and then annexed by the English in 1672. The islands were part of the British colony of the Leeward Islands from 1872-1960; they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency. |
| Birth rate | 20.78 births/1,000 population (2003 est.) | 14.82 births/1,000 population (2007 est.) |
| Budget | revenues: $1.9 billion
expenditures: $2 billion, including capital expenditures of $471 million (2000 est.) |
revenues: $204.7 million
expenditures: $180.4 million (2004) |
| Capital | Panama | name: Road Town
geographic coordinates: 18 27 N, 64 37 W time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time) |
| Climate | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) | subtropical; humid; temperatures moderated by trade winds |
| Coastline | 2,490 km | 80 km |
| Constitution | 11 October 1972; major reforms adopted 1978, 1983 and 1994 | 13 June 2007 |
| 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: none
conventional short form: British Virgin Islands abbreviation: BVI |
| Currency | balboa (PAB); US dollar (USD) | - |
| Death rate | 6.25 deaths/1,000 population (2003 est.) | 4.42 deaths/1,000 population (2007 est.) |
| Debt - external | $7 billion (2002 est.) | $36.1 million (1997) |
| Dependency status | - | overseas territory of the UK; internal self-governing |
| Diplomatic representation from the US | 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 |
none (overseas territory of the UK) |
| Diplomatic representation in the US | 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 |
none (overseas territory of the UK) |
| Disputes - international | none | none |
| Economic aid - recipient | $197.1 million (1995) | $NA |
| Economy - overview | 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. | 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 820,000 tourists, mainly from the US, visited the islands in 2005. 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, made 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 US dollar as its currency since 1959. |
| Electricity - consumption | 3.681 billion kWh (2001) | 41.85 million kWh (2005) |
| Electricity - exports | 118 million kWh (2001) | 0 kWh (2005) |
| Electricity - imports | 43 million kWh (2001) | 0 kWh (2005) |
| Electricity - production | 4.039 billion kWh (2001) | 45 million kWh (2005) |
| Electricity - production by source | fossil fuel: 37%
hydro: 61.3% nuclear: 0% other: 1.7% (2001) |
- |
| Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
lowest point: Caribbean Sea 0 m
highest point: Mount Sage 521 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; air pollution in urban areas; mining threatens natural resources | 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) |
| 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 | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% | black 83%, other 17% (includes white, Indian, Asian and mixed) |
| Exchange rates | balboas per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998) | 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: Queen ELIZABETH II (since 6 February 1952); represented by Governor David PEAREY (since 18 April 2006)
head of government: Premier Ralph T. O'NEAL (since 23 August 2007) cabinet: Executive Council appointed by the governor from members of the House of Assembly 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 premier by the governor |
| Exports | NA (2001) | NA bbl/day |
| Exports - commodities | bananas, shrimp, sugar, coffee, clothing (1999) | rum, fresh fish, fruits, animals; gravel, sand |
| Exports - partners | US 47.8%, Sweden 5.8%, Costa Rica 4.8%, Honduras 4.4% (2002) | Virgin Islands (US), Puerto Rico, US (2006) |
| Fiscal year | calendar year | 1 April - 31 March |
| 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 | 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) |
| GDP | purchasing power parity - $18.06 billion (2002 est.) | - |
| GDP - composition by sector | agriculture: 7%
industry: 17% services: 76% (2001 est.) |
agriculture: 1.8%
industry: 6.2% services: 92% (1996 est.) |
| GDP - per capita | purchasing power parity - $6,200 (2002 est.) | - |
| GDP - real growth rate | 0.7% (2002 est.) | 1% (2002 est.) |
| Geographic coordinates | 9 00 N, 80 00 W | 18 30 N, 64 30 W |
| 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 | strong ties to nearby US Virgin Islands and Puerto Rico |
| Highways | 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%: 1.2%
highest 10%: 35.7% (1997) |
lowest 10%: NA%
highest 10%: NA% |
| Illicit drugs | 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 | transshipment point for South American narcotics destined for the US and Europe; large offshore financial center makes it vulnerable to money laundering |
| Imports | NA (2001) | NA bbl/day |
| Imports - commodities | capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999) | building materials, automobiles, foodstuffs, machinery |
| Imports - partners | US 34.3%, Colombia 5.9%, Japan 5.4%, Costa Rica 4.2%, Venezuela 4.2% (2002) | Virgin Islands (US), Puerto Rico, US (2006) |
| Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | none (overseas territory of the UK) |
| Industrial production growth rate | 0.5% (2002 est.) | NA% |
| Industries | construction, petroleum refining, brewing, cement and other construction materials, sugar milling | tourism, light industry, construction, rum, concrete block, offshore financial center |
| Infant mortality rate | 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.) |
total: 16.13 deaths/1,000 live births
male: 18.82 deaths/1,000 live births female: 13.29 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 1.1% (2001 est.) | 2% (2005) |
| International organization participation | 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 | Caricom (associate), CDB, Interpol (subbureau), IOC, OECS (associate), UNESCO (associate), UPU |
| Internet Service Providers (ISPs) | 6 (2000) | - |
| Irrigated land | 320 sq km (1998 est.) | NA |
| 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 | 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 |
| Labor force | 1.1 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.) |
12,770 (2004) |
| Labor force - by occupation | agriculture 20.8%, industry 18%, services 61.2% (1995 est.) | agriculture: 0.6%
industry: 40% services: 59.4% (2005) |
| Land boundaries | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
0 km |
| Land use | arable land: 6.72%
permanent crops: 2.08% other: 91.2% (1998 est.) |
arable land: 20%
permanent crops: 6.67% other: 73.33% (2005) |
| Languages | Spanish (official), English 14%
note: many Panamanians bilingual |
English (official) |
| Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations | English law |
| 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 House of Assembly (13 elected seats and 1 non-voting ex officio member in the attorney general; members are elected by direct popular vote, 1 member from each of nine electoral districts, 4 at-large members; to serve four-year terms)
elections: last held 20 August 2007 (next to be held in 2011) election results: percent of vote by party - VIP 45.2%, NDP 39.6%, independent 15.2%; seats by party - VIP 10, NDP 2, independent 1 |
| Life expectancy at birth | total population: 72.32 years
male: 69.97 years female: 74.79 years (2003 est.) |
total population: 76.86 years
male: 75.71 years female: 78.07 years (2007 est.) |
| Literacy | definition: age 15 and over can read and write
total population: 92.6% male: 93.2% female: 91.9% (2003 est.) |
definition: age 15 and over can read and write
total population: 97.8% (1991 est.) male: NA% female: NA% |
| Location | Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | Caribbean, between the Caribbean Sea and the North Atlantic Ocean, east of Puerto Rico |
| Map references | Central America and the Caribbean | Central America and the Caribbean |
| Maritime claims | contiguous zone: 24 NM
exclusive economic zone: 200 NM territorial sea: 12 NM |
territorial sea: 3 nm
exclusive fishing zone: 200 nm |
| Merchant marine | 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 | 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" | defense is the responsibility of the UK |
| 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 | Independence Day, 3 November (1903) | Territory Day, 1 July (1956) |
| Nationality | noun: Panamanian(s)
adjective: Panamanian |
noun: British Virgin Islander(s)
adjective: British Virgin Islander |
| Natural hazards | occasional severe storms and forest fires in the Darien area | hurricanes and tropical storms (July to October) |
| Natural resources | copper, mahogany forests, shrimp, hydropower | NEGL |
| Net migration rate | -0.97 migrant(s)/1,000 population (2003 est.) | 8.83 migrant(s)/1,000 population (2007 est.) |
| Pipelines | crude oil 130 km (2001) | - |
| Political parties and leaders | 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] | 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] |
| 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 | NA |
| Population | 2,960,784 (July 2003 est.) | 23,552 (July 2007 est.) |
| Population below poverty line | 37% (1999 est.) | NA% |
| Population growth rate | 1.36% (2003 est.) | 1.923% (2007 est.) |
| Ports and harbors | Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte | - |
| Radio broadcast stations | AM 101, FM 134, shortwave 0 (1998) | AM 1, FM 5, shortwave 0 (2004) |
| Railways | total: 355 km
broad gauge: 76 km 1.524-m gauge narrow gauge: 279 km 0.914-m gauge (2002) |
- |
| Religions | Roman Catholic 85%, Protestant 15% | Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, other 2%, none 2% (1991) |
| Sex ratio | 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.) |
at birth: 1.05 male(s)/female
under 15 years: 1.031 male(s)/female 15-64 years: 1.055 male(s)/female 65 years and over: 1.105 male(s)/female total population: 1.053 male(s)/female (2007 est.) |
| 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: worldwide telephone service
domestic: NA international: country code - 1-284; connected via submarine cable to Bermuda; the East Caribbean Fiber System (ECFS) optic submarine cable provides connectivity to 13 other islands in the eastern Caribbean (2007) |
| Telephones - main lines in use | 396,000 (1997) | 11,700 (2002) |
| Telephones - mobile cellular | 17,000 (1997) | 8,000 (2002) |
| Television broadcast stations | 38 (including repeaters) (1998) | 1 (plus 1 cable company) (1997) |
| Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | coral islands relatively flat; volcanic islands steep, hilly |
| Total fertility rate | 2.53 children born/woman (2003 est.) | 1.72 children born/woman (2007 est.) |
| Unemployment rate | 16% (2002 est.) | 3.6% (1997) |
| Waterways | 882 km
note: 800 km navigable by shallow draft vessels; 82 km Panama Canal |
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