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Compare Panama (2004) - Cayman Islands (2007)
Compare Panama (2004) z Cayman Islands (2007)
| Panama (2004) | Cayman 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 | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western |
| Age structure | 0-14 years: 30.2% (male 461,427; female 443,932)
15-64 years: 63.6% (male 967,490; female 940,344) 65 years and over: 6.2% (male 88,611; female 98,659) (2004 est.) |
0-14 years: 20.3% (male 4,746/female 4,730)
15-64 years: 71% (male 16,135/female 16,964) 65 years and over: 8.6% (male 1,892/female 2,133) (2007 est.) |
| Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | vegetables, fruit; livestock; turtle farming |
| Airports | 103 (2003 est.) | 3 (2007) |
| Airports - with paved runways | total: 44
over 3,047 m: 1 2,438 to 3,047 m: 1 1,524 to 2,437 m: 5 914 to 1,523 m: 15 under 914 m: 22 (2004 est.) |
total: 2
1,524 to 2,437 m: 2 (2007) |
| Airports - with unpaved runways | total: 61
914 to 1,523 m: 12 under 914 m: 49 (2004 est.) |
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: 262 sq km
land: 262 sq km water: 0 sq km |
| Area - comparative | slightly smaller than South Carolina | 1.5 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. | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. |
| Birth rate | 20.36 births/1,000 population (2004 est.) | 12.6 births/1,000 population (2007 est.) |
| Budget | revenues: $2.995 billion
expenditures: $3.421 billion, including capital expenditures of $471 million (2003 est.) |
revenues: $423.8 million
expenditures: $392.6 million (2004) |
| Capital | Panama | name: George Town (on Grand Cayman)
geographic coordinates: 19 18 N, 81 23 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
| Climate | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) |
| Coastline | 2,490 km | 160 km |
| Constitution | 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 | 1959; revised 1962, 1972, and 1994 |
| 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: Cayman Islands |
| Currency | balboa (PAB); US dollar (USD) | - |
| Death rate | 6.39 deaths/1,000 population (2004 est.) | 4.98 deaths/1,000 population (2007 est.) |
| Debt - external | $8.834 billion (2003 est.) | $70 million (1996) |
| Dependency status | - | overseas territory of the UK |
| 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 Federico HUMBERT Arias
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) | $390,000 (2004) |
| Economy - overview | Panama's dollarised economy rests 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 2000-03. The government has been backing public works programs, tax reforms, new regional trade agreements, and development of tourism in order to stimulate growth. Unemployment remains at an unacceptably high level. | With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 2.1 million in 2003, with about half from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. |
| Electricity - consumption | 3.681 billion kWh (2001) | 372 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) | 400 million kWh (2005) |
| Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
lowest point: Caribbean Sea 0 m
highest point: The Bluff (Cayman Brac) 43 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 | no natural fresh water resources; drinking water supplies must be met by 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, 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% | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% |
| Exchange rates | balboas per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) | Caymanian dollars per US dollar - 0.8496 (2006) |
| Executive branch | chief of state: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004); note - the president is both the chief of state and head of government
head of government: President Martin TORRIJOS Espino (since 1 September 2004); First Vice President Samuel LEWIS Navarro (since 1 September 2004); Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004); 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 2004 (next to be held 3 May 2009); note - beginning in 2009, Panama will have only one vice president. election results: Martin TORRIJOS Espino elected president; percent of vote - Martin TORRIJOS Espino 47.5%, Guillermo ENDARA Galimany 30.6%, Jose Miguel ALEMAN 17%, Ricardo MARTINELLI 4.9% note: government coalition - PRD (Democratic Revolutionary Party), PP (Popular Party) |
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Stuart JACK (since 23 November 2005)
head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business |
| Exports | NA (2001) | NA bbl/day |
| Exports - commodities | bananas, shrimp, sugar, coffee, clothing (1999) | turtle products, manufactured consumer goods |
| Exports - partners | US 13.9%, Nigeria 9.8%, Germany 8.1%, South Korea 7.8%, Peru 5.1%, Costa Rica 4.9%, Belgium 4.8%, Japan 4.5% (2003) | mostly 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 Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS |
| GDP | purchasing power parity - $18.78 billion (2003 est.) | - |
| GDP - composition by sector | agriculture: 8.3%
industry: 14.7% services: 77.1% (2003 est.) |
agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
| GDP - per capita | purchasing power parity - $6,300 (2003 est.) | - |
| GDP - real growth rate | 4.1% (2003 est.) | 0.9% (2004 est.) |
| Geographic coordinates | 9 00 N, 80 00 W | 19 30 N, 80 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 | important location between Cuba and Central America |
| 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 | offshore financial center; vulnerable to drug transshipment to the US and Europe |
| Imports | NA (2001) | NA bbl/day |
| Imports - commodities | capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999) | foodstuffs, manufactured goods |
| Imports - partners | Japan 33.2%, US 11.4%, China 9.1%, South Korea 7.7%, Singapore 7.1% (2003) | US, Netherlands Antilles, Japan (2006) |
| Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | none (overseas territory of the UK) |
| Industrial production growth rate | 7% (2003 est.) | NA% |
| Industries | construction, petroleum refining, brewing, cement and other construction materials, sugar milling | tourism, banking, insurance and finance, construction, construction materials, furniture |
| Infant mortality rate | total: 20.95 deaths/1,000 live births
male: 23.08 deaths/1,000 live births female: 18.72 deaths/1,000 live births (2004 est.) |
total: 7.8 deaths/1,000 live births
male: 8.94 deaths/1,000 live births female: 6.65 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 1.4% (2003 est.) | 4.4% (2004) |
| International organization participation | FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU |
| 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 | Summary Court; Grand Court; Cayman Islands Court of Appeal |
| Labor force | 1.19 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2003 est.) |
23,450 (2004) |
| Labor force - by occupation | agriculture 20.8%, industry 18%, services 61.2% (1995 est.) | agriculture: 1.4%
industry: 12.6% services: 86% (1995) |
| Land boundaries | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
0 km |
| Land use | arable land: 7.36%
permanent crops: 1.98% other: 90.66% (2001) |
arable land: 3.85%
permanent crops: 0% other: 96.15% (2005) |
| Languages | Spanish (official), English 14%
note: many Panamanians bilingual |
English |
| Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations | British common law and local statutes |
| Legislative branch | unicameral National Assembly (formerly called Legislative Assembly) or Asamblea Nacional (78 seats; members are elected by popular vote to serve five-year terms; note - In 2009, the number of seats will change to 71)
elections: last held 2 May 2004 (next to be held 3 May 2009) election results: percent of vote by party - NA%; seats by party - PRD 40, PA 17, PS 8, MOLIRENA 3, Democratic Change 2, PP 2, PLN 1, other 5 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 Legislative Assembly (18 seats; 3 appointed members from the Executive Council and 15 elected by popular vote; to serve four-year terms)
elections: last held 11 May 2005 (next to be held in 2009) election results: percent of vote by party - NA; seats by party - PPM 9, UDP 5, independent 1 |
| Life expectancy at birth | total population: 72.14 years
male: 69.82 years female: 74.56 years (2004 est.) |
total population: 80.2 years
male: 77.57 years female: 82.87 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 has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
| Location | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | Caribbean, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica |
| Map references | Central America and the Caribbean | Central America and the Caribbean |
| Maritime claims | territorial sea: 12 nm
contiguous zone: 24 nm exclusive economic zone: 200 nm |
territorial sea: 12 nm
exclusive fishing zone: 200 nm |
| Merchant marine | total: 4,833 ships (1,000 GRT or over) 122,960,929 GRT/183,615,337 DWT
by type: barge carrier 3, bulk 1,434, cargo 819, chemical tanker 388, combination bulk 73, combination ore/oil 18, container 613, liquefied gas 190, livestock carrier 3, multi-functional large load carrier 15, passenger 36, passenger/cargo 5, petroleum tanker 514, rail car carrier 1, refrigerated cargo 281, roll on/roll off 125, short-sea/passenger 37, specialized tanker 36, vehicle carrier 242 foreign-owned: Albania 2, Angola 1, Antigua and Barbuda 2, Argentina 7, Australia 11, Austria 1, Bahamas 3, Bangladesh 1, Belgium 5, Belize 4, Brazil 4, British Virgin Islands 8, Cambodia 2, Canada 6, Cayman Islands 1, Chile 13, China 286, Colombia 14, Croatia 3, Cuba 17, Cyprus 6, Denmark 4, Dominican Republic 1, Ecuador 1, Egypt 16, Equatorial Guinea 1, France 7, Germany 89, Greece 549, Haiti 1, Honduras 2, Hong Kong 288, India 22, Indonesia 44, Iran 1, Ireland 2, Israel 4, Italy 7, Japan 1630, Jordan 8, Kenya 1, South Korea 349, Kuwait 1, Latvia 11, Liberia 3, Lithuania 2, Luxembourg 1, Malaysia 12, Malta 1, Marshall Islands 3, Mexico 7, Monaco 29, Netherlands 14, Netherlands Antilles 1, New Zealand 1, Nigeria 6, Norway 86, Oman 1, Pakistan 1, Peru 17, Philippines 41, Poland 12, Portugal 6, Puerto Rico 3, Romania 9, Russia 8, Saint Kitts and Nevis 3, Saint Vincent and the Grenadines 6, Saudi Arabia 6, Singapore 105, South Africa 3, Spain 52, Sri Lanka 3, Sudan 1, Sweden 4, Switzerland 93, Syria 1, Taiwan 348, Thailand 14, Trinidad and Tobago 1, Turkey 12, Ukraine 2, United Kingdom 51, United States 99, Venezuela 4 registered in other countries: 85 (2004 est.) |
total: 124 ships (1000 GRT or over) 2,953,923 GRT/4,597,716 DWT
by type: bulk carrier 33, cargo 11, chemical tanker 41, liquefied gas 1, passenger 1, petroleum tanker 17, refrigerated cargo 13, roll on/roll off 3, vehicle carrier 4 foreign-owned: 122 (Denmark 3, Germany 17, Greece 23, Italy 10, Japan 6, Norway 2, Singapore 10, Sweden 1, UK 9, US 41) (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" | 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) | no regular military forces; Royal Cayman Islands Police Force |
| Military expenditures - dollar figure | $145 million (2003) | - |
| Military expenditures - percent of GDP | 1.2% (2003) | - |
| Military manpower - availability | males age 15-49: 810,341 (2004 est.) | - |
| Military manpower - fit for military service | males age 15-49: 553,422 (2004 est.) | - |
| National holiday | Independence Day, 3 November (1903) | Constitution Day, first Monday in July |
| Nationality | noun: Panamanian(s)
adjective: Panamanian |
noun: Caymanian(s)
adjective: Caymanian |
| Natural hazards | occasional severe storms and forest fires in the Darien area | hurricanes (July to November) |
| Natural resources | copper, mahogany forests, shrimp, hydropower | fish, climate and beaches that foster tourism |
| Net migration rate | -0.91 migrant(s)/1,000 population (2004 est.) | 17.34 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2007 est.) |
| Political parties and leaders | Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Anibal GALINDO]; Nationalist Republican Liberal Movement or MOLIRENA [Jesus ROSAS]; Panamenista Party or PA (formerly the Arnulfista Party) [Mireya Elisa MOSCOSO Rodriguez]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA]; Solidarity Party or PS [Jose Raul MULINO] | United Democratic Party or UDP [McKeeva BUSH]; People's Progressive Movement or PPM [Kurt TIBBETTS]; note - no national teams (loose groupings of political organizations) were formed for the 2000 elections |
| 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 | 3,000,463 (July 2004 est.) | 46,600
note: most of the population lives on Grand Cayman (July 2007 est.) |
| Population below poverty line | 37% (1999 est.) | NA% |
| Population growth rate | 1.31% (2004 est.) | 2.496% (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 4, shortwave 0 (2004) |
| Railways | total: 355 km
standard gauge: 76 km 1.435-m gauge narrow gauge: 279 km 0.914-m gauge (2003) |
- |
| Religions | Roman Catholic 85%, Protestant 15% | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic |
| 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 (2004 est.) |
at birth: 1.02 male(s)/female
under 15 years: 1.003 male(s)/female 15-64 years: 0.951 male(s)/female 65 years and over: 0.887 male(s)/female total population: 0.956 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: country code - 507; 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System |
general assessment: reasonably good system
domestic: liberalization of telecom market in 2003; introduction of competition in the mobile-cellular market in 2004 international: country code - 1-345; landing point for the MAYA-1 submarine telephone cable network that provides links to the US and parts of Central and South America; submarine cable provides connectivity to Jamaica; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007) |
| Telephones - main lines in use | 386,900 (2002) | 38,000 (2002) |
| Telephones - mobile cellular | 834,000 (2003) | 17,000 (2002) |
| Television broadcast stations | 38 (including repeaters) (1998) | 4 with cable system (2004) |
| Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | low-lying limestone base surrounded by coral reefs |
| Total fertility rate | 2.49 children born/woman (2004 est.) | 1.89 children born/woman (2007 est.) |
| Unemployment rate | 13.8% (2003 est.) | 4.4% (2004) |
| Waterways | 800 km (includes 82 km Panama Canal) (2004) | - |
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