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Compare Panama (2004) - Falkland Islands (Islas Malvinas) (2005)
Compare Panama (2004) z Falkland Islands (Islas Malvinas) (2005)
| Panama (2004) | Falkland Islands (Islas Malvinas) (2005) | |
 | -2005-bmala.jpg) | |
| 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; also claimed by Argentina) |
| 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: NA
15-64 years: NA 65 years and over: NA (2005 est.) |
| Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | fodder and vegetable crops; sheep, dairy products |
| Airports | 103 (2003 est.) | 5 (2004 est.) |
| 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
2,438 to 3,047 m: 1 under 914 m: 1 (2004 est.) |
| Airports - with unpaved runways | total: 61
914 to 1,523 m: 12 under 914 m: 49 (2004 est.) |
total: 3
under 914 m: 3 (2004 est.) |
| Area | total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
total: 12,173 sq km
land: 12,173 sq km water: 0 sq km note: includes the two main islands of East and West Falkland and about 200 small islands |
| Area - comparative | slightly smaller than South Carolina | slightly smaller than Connecticut |
| 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. | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced Argentine surrender on 14 June 1982. |
| Birth rate | 20.36 births/1,000 population (2004 est.) | NA births/1,000 population (2005 est.) |
| Budget | revenues: $2.995 billion
expenditures: $3.421 billion, including capital expenditures of $471 million (2003 est.) |
revenues: $66.2 million
expenditures: $67.9 million, including capital expenditures of $23.2 million (FY98/99 est.) |
| Capital | Panama | Stanley |
| Climate | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; average annual rainfall is 24 inches in Stanley; occasional snow all year, except in January and February, but does not accumulate |
| Coastline | 2,490 km | 1,288 km |
| Constitution | 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 | 3 October 1985; amended 1997 and 1998 |
| 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: Falkland Islands (Islas Malvinas) |
| Currency | balboa (PAB); US dollar (USD) | - |
| Death rate | 6.39 deaths/1,000 population (2004 est.) | NA deaths/1,000 population (2005 est.) |
| Debt - external | $8.834 billion (2003 est.) | $NA |
| Dependency status | - | overseas territory of the UK; also claimed by Argentina |
| 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; also claimed by Argentina) |
| 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; also claimed by Argentina) |
| Disputes - international | none | Argentina, which claims the islands in its constitution and briefly occupied the islands by force in 1982, agreed in 1995 to no longer seek settlement by force; UK continues to reject Argentine requests for sovereignty talks |
| Economic aid - recipient | $197.1 million (1995) | $0 (1997 est.) |
| 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. | The economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falklands exclusive fishing zone. These license fees total more than $40 million per year, which goes to support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism, especially eco-tourism, is increasing rapidly, with about 30,000 visitors in 2001. Another large source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost. |
| Electricity - consumption | 3.681 billion kWh (2001) | 17.72 million kWh (2002) |
| Electricity - exports | 118 million kWh (2001) | 0 kWh (2002) |
| Electricity - imports | 43 million kWh (2001) | 0 kWh (2002) |
| Electricity - production | 4.039 billion kWh (2001) | 19.06 million kWh (2002) |
| Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
lowest point: Atlantic Ocean 0 m
highest point: Mount Usborne 705 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 | overfishing by unlicensed vessels is a problem; reindeer were introduced to the islands in 2001 for commercial reasons; this is the only commercial reindeer herd in the world unaffected by the Chornobyl disaster |
| 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% | British |
| Exchange rates | balboas per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) | Falkland pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000)
note: the Falkland pound is at par with the British pound |
| 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)
head of government: Governor Howard PEARCE (since 3 December 2002); Chief Executive Chris SIMPKINS (since NA March 2003); Financial Secretary Derek F. HOWATT (since NA) cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarchy is hereditary; governor appointed by the monarch |
| Exports | NA (2001) | NA |
| Exports - commodities | bananas, shrimp, sugar, coffee, clothing (1999) | wool, hides, meat |
| 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) | Spain 77.4%, UK 9.4%, US 4.9% (2004) |
| 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 Falkland Island coat of arms centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising was once the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT |
| 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: NA%
industry: NA% services: NA% |
| GDP - per capita | purchasing power parity - $6,300 (2003 est.) | purchasing power parity - $25,000 (2002 est.) |
| GDP - real growth rate | 4.1% (2003 est.) | NA% |
| Geographic coordinates | 9 00 N, 80 00 W | 51 45 S, 59 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 | deeply indented coast provides good natural harbors; short growing season |
| Highways | total: 11,400 km
paved: 3,944 km (including 30 km of expressways) unpaved: 7,456 km (1999) |
total: 440 km
paved: 50 km unpaved: 390 km (2002) |
| 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 | - |
| Imports | NA (2001) | NA |
| Imports - commodities | capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999) | fuel, food and drink, building materials, clothing |
| Imports - partners | Japan 33.2%, US 11.4%, China 9.1%, South Korea 7.7%, Singapore 7.1% (2003) | UK 63.2%, Spain 30.3%, France 3.6% (2004) |
| Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | none (overseas territory of the UK; also claimed by Argentina) |
| Industrial production growth rate | 7% (2003 est.) | NA% |
| Industries | construction, petroleum refining, brewing, cement and other construction materials, sugar milling | fish and wool processing; tourism |
| 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: NA
male: NA female: NA (2005 est.) |
| Inflation rate (consumer prices) | 1.4% (2003 est.) | 3.6% (1998) |
| 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 | ICFTU, UPU |
| Irrigated land | 320 sq km (1998 est.) | NA sq km |
| Judicial branch | Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal | Supreme Court (chief justice is a nonresident); Magistrates Court (senior magistrate presides over civil and criminal divisions); Court of Summary Jurisdiction |
| Labor force | 1.19 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2003 est.) |
1,100 (est.) |
| Labor force - by occupation | agriculture 20.8%, industry 18%, services 61.2% (1995 est.) | agriculture 95% (mostly sheepherding and fishing) |
| 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: 0%
permanent crops: 0% other: 100% (99% permanent pastures, 1% other) (2001) |
| 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 | English common law |
| 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 Council (10 seats - 2 ex officio, 8 elected by popular vote, members serve four-year terms); presided over by the governor
elections: last held 22 November 2001 (next to be held November 2005) election results: percent of vote - NA%; seats - independents 8; note - 71% voter turnout |
| Life expectancy at birth | total population: 72.14 years
male: 69.82 years female: 74.56 years (2004 est.) |
total population: NA years
male: NA years female: NA 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.) |
- |
| Location | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | Southern South America, islands in the South Atlantic Ocean, east of southern Argentina |
| Map references | Central America and the Caribbean | South America |
| Maritime claims | territorial sea: 12 nm
contiguous zone: 24 nm exclusive economic zone: 200 nm |
territorial sea: 12 nm
continental shelf: 200 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.) |
none |
| 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 |
| Military expenditures - dollar figure | $145 million (2003) | NA |
| Military expenditures - percent of GDP | 1.2% (2003) | NA |
| 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) | Liberation Day, 14 June (1982) |
| Nationality | noun: Panamanian(s)
adjective: Panamanian |
noun: Falkland Islander(s)
adjective: Falkland Island |
| Natural hazards | occasional severe storms and forest fires in the Darien area | strong winds persist throughout the year |
| Natural resources | copper, mahogany forests, shrimp, hydropower | fish, squid, wildlife, calcified seaweed, sphagnum moss |
| Net migration rate | -0.91 migrant(s)/1,000 population (2004 est.) | NA migrant(s)/1,000 population (2005 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] | none; all independents |
| 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 | none |
| Population | 3,000,463 (July 2004 est.) | 2,967 (July 2005 est.) |
| Population below poverty line | 37% (1999 est.) | NA |
| Population growth rate | 1.31% (2004 est.) | 2.44% (2005 est.) |
| Ports and harbors | Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte | Stanley |
| Radio broadcast stations | AM 101, FM 134, shortwave 0 (1998) | AM 1, FM 7, shortwave 0 (1998) |
| 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% | primarily Anglican, Roman Catholic, United Free Church, Evangelist Church, Jehovah's Witnesses, Lutheran, Seventh-Day Adventist |
| 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.) |
- |
| 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: NA
domestic: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: country code - 500; satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
| Telephones - main lines in use | 386,900 (2002) | 2,400 (2002) |
| Telephones - mobile cellular | 834,000 (2003) | 0 (2001) |
| Television broadcast stations | 38 (including repeaters) (1998) | 2 (operated by the British Forces Broadcasting Service)
note: cable television is available in Stanley (2002) |
| Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | rocky, hilly, mountainous with some boggy, undulating plains |
| Total fertility rate | 2.49 children born/woman (2004 est.) | NA children born/woman (2005 est.) |
| Unemployment rate | 13.8% (2003 est.) | full employment; labor shortage (2001) |
| Waterways | 800 km (includes 82 km Panama Canal) (2004) | - |
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