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Compare Panama (2003) - Korea, South (2005)

Compare Panama (2003) z Korea, South (2005)

 Panama (2003)Korea, South (2005)
 PanamaKorea, South
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 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)

provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)

metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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: 19.4% (male 4,952,177/female 4,450,821)


15-64 years: 72% (male 17,715,267/female 17,147,808)


65 years and over: 8.6% (male 1,670,971/female 2,485,600) (2005 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 103 (2002) 179 (2004 est.)
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: 88


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 12


under 914 m: 38 (2004 est.)
Airports - with unpaved runways total: 62


914 to 1,523 m: 12


under 914 m: 50 (2002)
total: 91


914 to 1,523 m: 3


under 914 m: 88 (2004 est.)
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 98,480 sq km


land: 98,190 sq km


water: 290 sq km
Area - comparative slightly smaller than South Carolina slightly larger than Indiana
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. Korea was an independent kingdom under Chinese suzerainty for most of the past millennium. Following its victory in the Russo-Japanese War in 1905, Japan occupied Korea; five years later it formally annexed the entire peninsula. After World War II, a republic was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north. During the Korean War (1950-53), US and other UN forces intervened to defend South Korea from North Korean attacks supported by the Chinese. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1987, South Korean voters elected ROH Tae-woo to the presidency, ending 26 years of military dictatorships. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Tae-chung and the North's leader KIM Jong Il.
Birth rate 20.78 births/1,000 population (2003 est.) 10.08 births/1,000 population (2005 est.)
Budget revenues: $1.9 billion


expenditures: $2 billion, including capital expenditures of $471 million (2000 est.)
revenues: $150.5 billion


expenditures: $155.8 billion, including capital expenditures of NA (2004 est.)
Capital Panama Seoul
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) temperate, with rainfall heavier in summer than winter
Coastline 2,490 km 2,413 km
Constitution 11 October 1972; major reforms adopted 1978, 1983 and 1994 17 July 1948
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: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: none


note: the South Koreans generally use the term "Han'guk" to refer to their country


abbreviation: ROK
Currency balboa (PAB); US dollar (USD) -
Death rate 6.25 deaths/1,000 population (2003 est.) 6.26 deaths/1,000 population (2005 est.)
Debt - external $7 billion (2002 est.) $160 billion (2004 est.)
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
chief of mission: Ambassador Christopher R. HILL


embassy: 82 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: American Embassy, Unit 15550, APO AP 96205-5550


telephone: [82] (2) 397-4114


FAX: [82] (2) 738-8845
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
chief of mission: Ambassador Lee Tae-sik (designated)


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, and Seattle


consulate(s): Agana (Guam) and New York
Disputes - international none Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic maritime disputes with North Korea over the Northern Limit Line; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA $334 million (2003)
Economic aid - recipient $197.1 million (1995) -
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. Since the early 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, it joined the trillion dollar club of world economies. Today its GDP per capita is 14 times North Korea's and equal to the lesser economies of the European Union. This success through the late 1980s was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. Growth plunged to a negative 6.9% in 1998, then strongly recovered to 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7.0%, despite anemic global growth. Economic growth fell to 3.1% in 2003 because of a downturn in consumer spending and recovered to an estimated 4.6% in 2004 on the strength of rapid export growth. The government plans to boost infrastructure spending in 2005. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption 3.681 billion kWh (2001) 293.6 billion kWh (2003)
Electricity - exports 118 million kWh (2001) 0 kWh (2003)
Electricity - imports 43 million kWh (2001) 0 kWh (2003)
Electricity - production 4.039 billion kWh (2001) 322.5 billion kWh (2003)
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: Sea of Japan 0 m


highest point: Halla-san 1,950 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 air pollution in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
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
party to: Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


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% homogeneous (except for about 20,000 Chinese)
Exchange rates balboas per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998) South Korean won per US dollar - 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (2002), 1,291 (2001), 1,131 (2000)
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 ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister LEE Hae-chan (since 25 May 2004); Deputy Prime Ministers HAN Duck-soo (14 March 2005), KIM Jin-pyo (since 28 January 2005), and OH Myung (since 18 October 2004)


cabinet: State Council appointed by the president on the prime minister's recommendation


elections: president elected by popular vote for single five-year term; election last held 19 December 2002 (next to be held in February 2008); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: results of the 19 December 2002 election - ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
Exports NA (2001) 630,100 bbl/day (2003)
Exports - commodities bananas, shrimp, sugar, coffee, clothing (1999) semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners US 47.8%, Sweden 5.8%, Costa Rica 4.8%, Honduras 4.4% (2002) China 19.7%, US 17%, Japan 8.6%, Hong Kong 7.2% (2004)
Fiscal year calendar year calendar year
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 white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP purchasing power parity - $18.06 billion (2002 est.) -
GDP - composition by sector agriculture: 7%


industry: 17%


services: 76% (2001 est.)
agriculture: 3.2%


industry: 40.4%


services: 56.3% (2004 est.)
GDP - per capita purchasing power parity - $6,200 (2002 est.) purchasing power parity - $19,200 (2004 est.)
GDP - real growth rate 0.7% (2002 est.) 4.6% (2004 est.)
Geographic coordinates 9 00 N, 80 00 W 37 00 N, 127 30 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 strategic location on Korea Strait
Heliports - 206 (2004 est.)
Highways total: 11,400 km


paved: 3,944 km (including 30 km of expressways)


unpaved: 7,456 km (1999)
total: 86,990 km


paved: 66,721 km (including 1,996 km of expressways)


unpaved: 20,269 km (2001)
Household income or consumption by percentage share lowest 10%: 1.2%


highest 10%: 35.7% (1997)
lowest 10%: 2.9%


highest 10%: 22.5% (1999 est.)
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 -
Imports NA (2001) 2.263 million bbl/day (2003)
Imports - commodities capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999) machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners US 34.3%, Colombia 5.9%, Japan 5.4%, Costa Rica 4.2%, Venezuela 4.2% (2002) Japan 20.6%, China 13.2%, US 12.9%, Saudi Arabia 5.3% (2004)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 15 August 1945 (from Japan)
Industrial production growth rate 0.5% (2002 est.) 10.1% (2004 est.)
Industries construction, petroleum refining, brewing, cement and other construction materials, sugar milling electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
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: 7.05 deaths/1,000 live births


male: 7.5 deaths/1,000 live births


female: 6.57 deaths/1,000 live births (2005 est.)
Inflation rate (consumer prices) 1.1% (2001 est.) 3.6% (2004 est.)
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 AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EBRD, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAIA, MIGA, MINURSO, NAM (guest), NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, UN, UNCTAD, UNESCO, UNIDO, UNMIL, UNMOGIP, UNOMIG, UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO, ZC
Internet Service Providers (ISPs) 6 (2000) -
Irrigated land 320 sq km (1998 est.) 11,590 sq km (1998 est.)
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 (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force 1.1 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.)
22.9 million (2004 est.)
Labor force - by occupation agriculture 20.8%, industry 18%, services 61.2% (1995 est.) agriculture 8%, industry 19%, services 73% (2004 est.)
Land boundaries total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
total: 238 km


border countries: North Korea 238 km
Land use arable land: 6.72%


permanent crops: 2.08%


other: 91.2% (1998 est.)
arable land: 17.18%


permanent crops: 1.95%


other: 80.87% (2001)
Languages Spanish (official), English 14%


note: many Panamanians bilingual
Korean, English widely taught in junior high and high school
Legal system based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought
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 National Assembly or Kukhoe (299 seats - members elected for four-year terms; 243 in single-seat constituencies, 56 by proportional representation


elections: last held 15 April 2004 (next to be held in April 2008; byelections held on 30 April 2005)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 146, GNP 125, DLP 10, DP 9, ULD 3, independents 6


note: percent of vote is for 2004 general election; seats by party reflect results of 2005 byelections involving six seats; MDP became DP in May 2005 (2005)
Life expectancy at birth total population: 72.32 years


male: 69.97 years


female: 74.79 years (2003 est.)
total population: 76.85 years


male: 73.42 years


female: 80.57 years (2005 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: 97.9%


male: 99.2%


female: 96.6% (2002)
Location Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references Central America and the Caribbean Asia
Maritime claims contiguous zone: 24 NM


exclusive economic zone: 200 NM


territorial sea: 12 NM
territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
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.)
total: 601 ships (1,000 GRT or over) 6,992,656 GRT/11,081,142 DWT


by type: bulk carrier 125, cargo 196, chemical tanker 88, container 71, liquefied gas 20, passenger 5, passenger/cargo 22, petroleum tanker 51, refrigerated cargo 15, roll on/roll off 5, vehicle carrier 3


foreign-owned: 2 (Germany 1, United Kingdom 1)


registered in other countries: 366 (2005)
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" -
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) Army, Navy, Air Force, Marine Corps, National Maritime Police (Coast Guard)
Military expenditures - dollar figure $128 million (FY99) $16.18 billion (2004)
Military expenditures - percent of GDP 1.3% (FY99) 2.8% (2004)
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) Liberation Day, 15 August (1945)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Korean(s)


adjective: Korean
Natural hazards occasional severe storms and forest fires in the Darien area occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources copper, mahogany forests, shrimp, hydropower coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate -0.97 migrant(s)/1,000 population (2003 est.) 0 migrant(s)/1,000 population (2005 est.)
Pipelines crude oil 130 km (2001) gas 1,433 km; refined products 827 km (2004)
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] Democratic Labor Party or DLP [KIM Hye-kyung, chairwoman]; Democratic Party or DP [HAHN Hwa-kap, chairman]; Grand National Party or GNP [PARK Geun-hye, chairwoman]; United Liberal Democrats or ULD [KIM Hak-won, chairman]; Uri Party [MOON Hee-sang, chairman]
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 Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population 2,960,784 (July 2003 est.) 48,422,644 (July 2005 est.)
Population below poverty line 37% (1999 est.) 4% (2001 est.)
Population growth rate 1.36% (2003 est.) 0.38% (2005 est.)
Ports and harbors Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte Inch'on, Masan, P'ohang, Pusan, Ulsan
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 58, FM 150, shortwave 2 (2004)
Railways total: 355 km


broad gauge: 76 km 1.524-m gauge


narrow gauge: 279 km 0.914-m gauge (2002)
total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2004)
Religions Roman Catholic 85%, Protestant 15% no affiliation 46%, Christian 26%, Buddhist 26%, Confucianist 1%, other 1%
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: 1.08 male(s)/female


under 15 years: 1.11 male(s)/female


15-64 years: 1.03 male(s)/female


65 years and over: 0.67 male(s)/female


total population: 1.01 male(s)/female (2005 est.)
Suffrage 18 years of age; universal and compulsory 20 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: excellent domestic and international services


domestic: NA


international: country code - 82; fiber-optic submarine cable to China; the Russia-Korea-Japan submarine cable; satellite earth stations - 3 Intelsat (2 Pacific Ocean and 1 Indian Ocean) and 1 Inmarsat (Pacific Ocean region)
Telephones - main lines in use 396,000 (1997) 22.877 million (2003)
Telephones - mobile cellular 17,000 (1997) 33,591,800 (2003)
Television broadcast stations 38 (including repeaters) (1998) 64 (additionally 119 Cable Operators; 239 Relay Cable Operators) (2004)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 2.53 children born/woman (2003 est.) 1.26 children born/woman (2005 est.)
Unemployment rate 16% (2002 est.) 3.6% (2004 est.)
Waterways 882 km


note: 800 km navigable by shallow draft vessels; 82 km Panama Canal
1,608 km


note: most navigable only by small craft (2004)
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