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Compare Panama (2003) - Venezuela (2008)

Compare Panama (2003) z Venezuela (2008)

 Panama (2003)Venezuela (2008)
 PanamaVenezuela
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 23 states (estados, singular - estado), 1 capital district* (distrito capital), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia


note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands
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: 31.6% (male 4,169,979/female 4,046,170)


15-64 years: 63.4% (male 8,120,661/female 8,369,065)


65 years and over: 5.1% (male 586,863/female 730,790) (2007 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
Airports 103 (2002) 390 (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: 128


over 3,047 m: 5


2,438 to 3,047 m: 10


1,524 to 2,437 m: 34


914 to 1,523 m: 61


under 914 m: 18 (2007)
Airports - with unpaved runways total: 62


914 to 1,523 m: 12


under 914 m: 50 (2002)
total: 262


2,438 to 3,047 m: 1


1,524 to 2,437 m: 15


914 to 1,523 m: 97


under 914 m: 149 (2007)
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 912,050 sq km


land: 882,050 sq km


water: 30,000 sq km
Area - comparative slightly smaller than South Carolina slightly more than twice the size of California
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. Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.
Birth rate 20.78 births/1,000 population (2003 est.) 21.22 births/1,000 population (2007 est.)
Budget revenues: $1.9 billion


expenditures: $2 billion, including capital expenditures of $471 million (2000 est.)
revenues: $63.27 billion


expenditures: $68.22 billion (2007 est.)
Capital Panama name: Caracas


geographic coordinates: 10 30 N, 66 56 W


time difference: UTC-4.5 (half an 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) tropical; hot, humid; more moderate in highlands
Coastline 2,490 km 2,800 km
Constitution 11 October 1972; major reforms adopted 1978, 1983 and 1994 30 December 1999
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: Bolivarian Republic of Venezuela


conventional short form: Venezuela


local long form: Republica Bolivariana de Venezuela


local short form: Venezuela
Currency balboa (PAB); US dollar (USD) -
Death rate 6.25 deaths/1,000 population (2003 est.) 5.08 deaths/1,000 population (2007 est.)
Debt - external $7 billion (2002 est.) $45.44 billion (31 December 2007 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 Patrick DUDDY


embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080


mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037


telephone: [58] (212) 975-9234, 975-6411


FAX: [58] (212) 975-8991
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 Bernardo ALVAREZ Herrera


chancery: 1099 30th Street NW, Washington, DC 20007


telephone: [1] (202) 342-2214


FAX: [1] (202) 342-6820


consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, San Juan (Puerto Rico)
Disputes - international none claims all of the area west of the Essequibo River in Guyana, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before the United Nations Convention on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; dispute with Colombia over maritime boundary and Venezuelan-administered Los Monjes islands near the Gulf of Venezuela; Colombian-organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region; in 2006, an estimated 139,000 Colombians sought protection in 150 communities along the border in Venezuela; US, France, and the Netherlands recognize Venezuela's granting full effect to Aves Island, thereby claiming a Venezuelan EEZ/continental shelf extending over a large portion of the eastern Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's full effect claim
Economic aid - recipient $197.1 million (1995) $48.66 million (2005)
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. Venezuela remains highly dependent on oil revenues, which account for roughly 90% of export earnings, more than 50% of the federal budget revenues, and around 30% of GDP. A nationwide strike between December 2002 and February 2003 had far-reaching economic consequences - real GDP declined by around 9% in 2002 and 8% in 2003 - but economic output since then has recovered strongly. Fueled by high oil prices, record government spending helped to boost GDP in 2006 by about 9% and in 2007 by about 8%. This spending, combined with recent minimum wage hikes and improved access to domestic credit, has created a consumption boom but has come at the cost of higher inflation-roughly 20 percent in 2007. Imports also have jumped significantly. Embolden by his December 2006 reelection, President Hugo CHAVEZ in 2007 nationalized firms in the petroleum, communications, and electricity sectors, which reduced foreign influence in the economy. Although voters in December 2007 rejected CHAVEZ's proposed constitutional changes, CHAVEZ still has significant control of the economy and has indicated he intends to continue to consolidate and centralize authority over the economy by implementing "21st Century Socialism."
Electricity - consumption 3.681 billion kWh (2001) 73.36 billion 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) 99.2 billion 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: Pico Bolivar (La Columna) 5,007 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 sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations
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 Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands


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% Spanish, Italian, Portuguese, Arab, German, African, indigenous people
Exchange rates balboas per US dollar - 1 (2002), 1 (2001), 1 (2000), 1 (1999), 1 (1998) bolivares per US dollar - 2,147 (2007), 2,147 (2006), 2,089.8 (2005), 1,891.3 (2004), 1,607 (2003)
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 Hugo CHAVEZ Frias (since 3 February 1999); Executive Vice President Ramon Alonzo CARRIZALEZ Rengifo (since 4 January 2008); note - the president is both the chief of state and head of government


head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Executive Vice President Ramon Alonzo CARRIZALEZ Rengifo (since 4 January 2008)


cabinet: Council of Ministers appointed by the president


elections: president elected by popular vote for a six-year term (eligible for a second term); election last held 3 December 2006 (next to be held in December 2012)


note: in 1999, a National Constituent Assembly drafted a new constitution that increased the presidential term to six years; an election was subsequently held on 30 July 2000 under the terms of this constitution


election results: Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 62.9%, Manuel ROSALES 36.9%
Exports NA (2001) 2.203 million bbl/day (2006 est.)
Exports - commodities bananas, shrimp, sugar, coffee, clothing (1999) petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures
Exports - partners US 47.8%, Sweden 5.8%, Costa Rica 4.8%, Honduras 4.4% (2002) US 46.2%, Netherlands Antilles 13.5%, China 3.2% (2006)
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 three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of eight white five-pointed stars centered in the blue band
GDP purchasing power parity - $18.06 billion (2002 est.) -
GDP - composition by sector agriculture: 7%


industry: 17%


services: 76% (2001 est.)
agriculture: 3.5%


industry: 40%


services: 56.5% (2007 est.)
GDP - per capita purchasing power parity - $6,200 (2002 est.) -
GDP - real growth rate 0.7% (2002 est.) 8.3% (2007 est.)
Geographic coordinates 9 00 N, 80 00 W 8 00 N, 66 00 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 on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall
Heliports - 2 (2007)
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%: 0.7%


highest 10%: 35.2% (2003)
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 small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border
Imports NA (2001) 0 bbl/day (2006 est.)
Imports - commodities capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999) raw materials, machinery and equipment, transport equipment, construction materials
Imports - partners US 34.3%, Colombia 5.9%, Japan 5.4%, Costa Rica 4.2%, Venezuela 4.2% (2002) US 30.6%, Colombia 10.2%, Brazil 10.1%, Mexico 5.9%, China 4.9%, Panama 4.8% (2006)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 5 July 1811 (from Spain)
Industrial production growth rate 0.5% (2002 est.) 5.5% (2007 est.)
Industries construction, petroleum refining, brewing, cement and other construction materials, sugar milling petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly
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: 22.52 deaths/1,000 live births


male: 26.14 deaths/1,000 live births


female: 18.72 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 1.1% (2001 est.) 20.7% (Year ending November 2007)
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 CAN, Caricom (observer), CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, LAS (observer), Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO
Internet Service Providers (ISPs) 6 (2000) -
Irrigated land 320 sq km (1998 est.) 5,750 sq km (2003)
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 Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term)
Labor force 1.1 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.)
12.5 million (2007 est.)
Labor force - by occupation agriculture 20.8%, industry 18%, services 61.2% (1995 est.) agriculture: 13%


industry: 23%


services: 64% (1997 est.)
Land boundaries total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
total: 4,993 km


border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km
Land use arable land: 6.72%


permanent crops: 2.08%


other: 91.2% (1998 est.)
arable land: 2.85%


permanent crops: 0.88%


other: 96.27% (2005)
Languages Spanish (official), English 14%


note: many Panamanians bilingual
Spanish (official), numerous indigenous dialects
Legal system based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations open, adversarial court system
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 Asamblea Nacional (167 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)


elections: last held 4 December 2005 (next to be held in 2010)


election results: percent of vote by party - NA; seats by party - pro-government 167 (MVR 114, PODEMOS 15, PPT 11, indigenous 2, other 25), opposition 0; total seats by party as of 1 January 2008 - pro-government 152 (PSUV 114, PPT 11, indigenous 2, other 25), PODEMOS 15
Life expectancy at birth total population: 72.32 years


male: 69.97 years


female: 74.79 years (2003 est.)
total population: 73.28 years


male: 70.24 years


female: 76.48 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: 93%


male: 93.3%


female: 92.7% (2001 census)
Location Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana
Map references Central America and the Caribbean South America
Maritime claims contiguous zone: 24 NM


exclusive economic zone: 200 NM


territorial sea: 12 NM
territorial sea: 12 nm


contiguous zone: 15 nm


exclusive economic zone: 200 nm


continental shelf: 200-m depth or to the depth of exploitation
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: 59 ships (1000 GRT or over) 808,721 GRT/1,285,783 DWT


by type: bulk carrier 7, cargo 14, chemical tanker 3, container 1, liquefied gas 6, passenger/cargo 10, petroleum tanker 17, refrigerated cargo 1


foreign-owned: 12 (Denmark 3, Greece 3, Mexico 3, Panama 1, Russia 1, Spain 1)


registered in other countries: 11 (Bahamas 1, Panama 10) (2007)
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) National Armed Forces (Fuerzas Armadas Nacionales or FAN): Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada; includes Marines, Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional)
Military expenditures - dollar figure $128 million (FY99) -
Military expenditures - percent of GDP 1.3% (FY99) 1.2% (2005 est.)
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) Independence Day, 5 July (1811)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Venezuelan(s)


adjective: Venezuelan
Natural hazards occasional severe storms and forest fires in the Darien area subject to floods, rockslides, mudslides; periodic droughts
Natural resources copper, mahogany forests, shrimp, hydropower petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds
Net migration rate -0.97 migrant(s)/1,000 population (2003 est.) -1.28 migrant(s)/1,000 population (2007 est.)
Pipelines crude oil 130 km (2001) extra heavy crude oil 992 km; gas 5,400 km; oil 7,607 km; refined products 1,650 km; unknown (oil/water) 141 km (2007)
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] A New Time or UNT [Manuel ROSALES]; Christian Democrats or COPEI [Cesar PEREZ Vivas]; Communist Party of Venezuela or PCV [Jeronimo CARRERA]; Democratic Action or AD [Henry RAMOS Allup]; Fatherland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; United Socialist Party of Venezuela or PSUV [Hugo CHAVEZ]; Venezuela Project or PV [Henrique SALAS Romer]; We Can or PODEMOS [Ismael GARCIA]
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 FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action)
Population 2,960,784 (July 2003 est.) 26,023,528 (July 2007 est.)
Population below poverty line 37% (1999 est.) 37.9% (end 2005 est.)
Population growth rate 1.36% (2003 est.) 1.486% (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 201, FM NA (20 in Caracas), shortwave 11 (1998)
Railways total: 355 km


broad gauge: 76 km 1.524-m gauge


narrow gauge: 279 km 0.914-m gauge (2002)
total: 682 km


standard gauge: 682 km 1.435-m gauge (2006)
Religions Roman Catholic 85%, Protestant 15% nominally Roman Catholic 96%, Protestant 2%, other 2%
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: 0.97 male(s)/female


65 years and over: 0.803 male(s)/female


total population: 0.98 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: modern and expanding


domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services; fixed-line teledensity, at 16 per 100 persons, is low by regional standards; mobile-cellular subscribership jumped 50 percent in 2006


international: country code - 58; submarine cable systems provide connectivity to the Caribbean, Central and South America, and US; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network
Telephones - main lines in use 396,000 (1997) 4.217 million (2006)
Telephones - mobile cellular 17,000 (1997) 18.79 million (2006)
Television broadcast stations 38 (including repeaters) (1998) 66 (plus 45 repeaters) (1997)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast
Total fertility rate 2.53 children born/woman (2003 est.) 2.55 children born/woman (2007 est.)
Unemployment rate 16% (2002 est.) 9.1% (2007 est.)
Waterways 882 km


note: 800 km navigable by shallow draft vessels; 82 km Panama Canal
7,100 km


note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005)
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