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Compare Panama (2004) - Panama (2007)
Compare Panama (2004) z Panama (2007)
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| Panama (2004) | Panama (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 | 9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*(Kuna Yala), and Veraguas |
| 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: 30% (male 496,195/female 476,508)
15-64 years: 63.6% (male 1,044,139/female 1,016,805) 65 years and over: 6.4% (male 97,365/female 111,161) (2007 est.) |
| Airports | 103 (2003 est.) | 116 (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: 54
over 3,047 m: 1 2,438 to 3,047 m: 1 1,524 to 2,437 m: 5 914 to 1,523 m: 18 under 914 m: 29 (2007) |
| Airports - with unpaved runways | total: 61
914 to 1,523 m: 12 under 914 m: 49 (2004 est.) |
total: 62
1,524 to 2,437 m: 1 914 to 1,523 m: 11 under 914 m: 50 (2007) |
| 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. | Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Venezuela, and Ecuador - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. 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. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. 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 transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan to expand the Canal. The project, which is to begin in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15. |
| Birth rate | 20.36 births/1,000 population (2004 est.) | 21.45 births/1,000 population (2007 est.) |
| Budget | revenues: $2.995 billion
expenditures: $3.421 billion, including capital expenditures of $471 million (2003 est.) |
revenues: $4.283 billion
expenditures: $4.195 billion (2006 est.) |
| Capital | Panama | name: Panama
geographic coordinates: 8 58 N, 79 32 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
| Currency | balboa (PAB); US dollar (USD) | - |
| Death rate | 6.39 deaths/1,000 population (2004 est.) | 5.44 deaths/1,000 population (2007 est.) |
| Debt - external | $8.834 billion (2003 est.) | $9.972 billion (2006 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 William A. EATON
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 |
| Disputes - international | none | organized illegal narcotics operations in Colombia operate within the remote border region with Panama |
| Economic aid - recipient | $197.1 million (1995) | $19.54 million (2005) |
| 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. | Panama's dollarized 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 the Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-03; growth picked up in 2004-06 led by export-oriented services and a construction boom stimulated by tax incentives. The government has implemented tax reforms, as well as social security reforms, and backs regional trade agreements and development of tourism. Unemployment remains high. In October 2006, voters passed a referendum to expand the Panama Canal to accommodate ships that are now too large to transverse the transoceanic crossway. Not a CAFTA signatory, Panama in December 2006 independently negotiated a free trade agreement with the US, which, when implemented, will help promote the country's economic growth. |
| Electricity - consumption | 3.681 billion kWh (2001) | 4.735 billion kWh (2005) |
| Electricity - exports | 118 million kWh (2001) | 51 million kWh (2005) |
| Electricity - imports | 43 million kWh (2001) | 55 million kWh (2005) |
| Electricity - production | 4.039 billion kWh (2001) | 5.661 billion kWh (2005) |
| Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
lowest point: Pacific Ocean 0 m
highest point: Volcan Baru 3,475 m |
| Exchange rates | balboas per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999) | balboas per US dollar - 1 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002) |
| 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: 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) cabinet: Cabinet appointed by the president elections: president and vice presidents elected on the same ticket by popular vote for five-year terms (eligible for two more terms); election last held 2 May 2004 (next to be held on 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) |
| Exports | NA (2001) | NA bbl/day |
| Exports - commodities | bananas, shrimp, sugar, coffee, clothing (1999) | bananas, shrimp, sugar, coffee, clothing |
| 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) | US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) |
| 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: 7.3%
industry: 16.5% services: 76.3% (2006 est.) |
| GDP - per capita | purchasing power parity - $6,300 (2003 est.) | - |
| GDP - real growth rate | 4.1% (2003 est.) | 8.1% (2006 est.) |
| 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%: 43% (2003) |
| Imports | NA (2001) | NA bbl/day |
| Imports - commodities | capital goods, crude oil, foodstuffs, consumer goods, chemicals (1999) | capital goods, foodstuffs, consumer goods, chemicals |
| Imports - partners | Japan 33.2%, US 11.4%, China 9.1%, South Korea 7.7%, Singapore 7.1% (2003) | US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) |
| Industrial production growth rate | 7% (2003 est.) | 3% (2006 est.) |
| Industries | construction, petroleum refining, brewing, cement and other construction materials, sugar milling | construction, brewing, cement and other construction materials, sugar milling |
| 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: 15.96 deaths/1,000 live births
male: 17.33 deaths/1,000 live births female: 14.54 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 1.4% (2003 est.) | 1.1% (2006 est.) |
| 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 | CAN (observer), CSN (observer), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO |
| Irrigated land | 320 sq km (1998 est.) | 430 sq km (2003) |
| Labor force | 1.19 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2003 est.) |
1.439 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2006 est.) |
| Labor force - by occupation | agriculture 20.8%, industry 18%, services 61.2% (1995 est.) | agriculture: 20.8%
industry: 18% services: 61.2% (1995 est.) |
| Land use | arable land: 7.36%
permanent crops: 1.98% other: 90.66% (2001) |
arable land: 7.26%
permanent crops: 1.95% other: 90.79% (2005) |
| Languages | Spanish (official), English 14%
note: many Panamanians bilingual |
Spanish (official), English 14%; note - many Panamanians bilingual |
| Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations |
| 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 National 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 41, PA 17, PS 9, MOLIRENA 4, CD 3, PLN 3, PP 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 |
| Life expectancy at birth | total population: 72.14 years
male: 69.82 years female: 74.56 years (2004 est.) |
total population: 75.19 years
male: 72.69 years female: 77.8 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: 91.9% male: 92.5% female: 91.2% (2000 census) |
| Maritime claims | territorial sea: 12 nm
contiguous zone: 24 nm exclusive economic zone: 200 nm |
territorial sea: 12 nm
contiguous zone: 24 nm exclusive economic zone: 200 nm or edge of continental margin |
| 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: 5,764 ships (1000 GRT or over) 159,649,801 GRT/240,190,316 DWT
by type: barge carrier 2, bulk carrier 1,940, cargo 1,034, carrier 3, chemical tanker 507, combination ore/oil 6, container 710, liquefied gas 191, livestock carrier 7, passenger 46, passenger/cargo 72, petroleum tanker 522, refrigerated cargo 288, roll on/roll off 129, specialized tanker 22, vehicle carrier 285 foreign-owned: 4,949 (Albania 1, Argentina 8, Australia 4, Bahamas 2, Bangladesh 1, Belgium 11, Bulgaria 1, Canada 17, Chile 8, China 473, Colombia 4, Croatia 6, Cuba 11, Cyprus 15, Denmark 32, Dominican Republic 1, Ecuador 2, Egypt 13, Estonia 3, France 15, Gabon 1, Germany 38, Greece 505, Hong Kong 137, India 25, Indonesia 37, Iran 4, Ireland 1, Israel 2, Italy 10, Jamaica 1, Japan 2,151, Jordan 11, South Korea 316, Kuwait 1, Latvia 5, Lebanon 3, Lithuania 5, Malaysia 14, Maldives 1, Malta 2, Mexico 4, Monaco 11, Netherlands 14, Nigeria 6, Norway 60, Oman 1, Pakistan 5, Peru 15, Philippines 12, Poland 15, Portugal 9, Qatar 1, Romania 8, Russia 9, Saudi Arabia 14, Singapore 83, Spain 61, Sri Lanka 3, Sweden 9, Switzerland 26, Syria 24, Taiwan 306, Thailand 10, Turkey 53, Turks and Caicos Islands 1, Ukraine 8, UAE 108, UK 35, US 115, Venezuela 10, Vietnam 10, Yemen 5) registered in other countries: 1 (Venezuela 1) (2007) |
| Military expenditures - dollar figure | $145 million (2003) | - |
| Military expenditures - percent of GDP | 1.2% (2003) | 1% (2006) |
| 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.) | - |
| Net migration rate | -0.91 migrant(s)/1,000 population (2004 est.) | -0.37 migrant(s)/1,000 population (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] | Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Hugo GUIRAUD]; Liberal Party or PLN [Joaquin F. Franco VASQUEZ]; Nationalist Republican Liberal Movement or MOLIRENA [Gisela CHUNG]; Panamenista Party or PA [Juan Carlos VARELA] (formerly the Arnulfista Party); Patriotic Union Party or PUP [Jose Raul MULINO and Anibal GALINDO]; Popular Party or PP [Rene ORILLAC] (formerly Christian Democratic Party or PDC); Solidarity Party or PS |
| 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 | Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Council of Private Enterprise or CONEP; National Union of Construction and Similar Workers (SUNTRACS); Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP |
| Population | 3,000,463 (July 2004 est.) | 3,242,173 (July 2007 est.) |
| Population growth rate | 1.31% (2004 est.) | 1.564% (2007 est.) |
| Ports and harbors | Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte | - |
| Railways | total: 355 km
standard gauge: 76 km 1.435-m gauge narrow gauge: 279 km 0.914-m gauge (2003) |
total: 355 km
standard gauge: 77 km 1.435-m gauge narrow gauge: 278 km 0.914-m gauge (2006) |
| 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: 1.05 male(s)/female
under 15 years: 1.041 male(s)/female 15-64 years: 1.027 male(s)/female 65 years and over: 0.876 male(s)/female total population: 1.021 male(s)/female (2007 est.) |
| Telephones - main lines in use | 386,900 (2002) | 432,900 (2006) |
| Telephones - mobile cellular | 834,000 (2003) | 1.694 million (2005) |
| Total fertility rate | 2.49 children born/woman (2004 est.) | 2.66 children born/woman (2007 est.) |
| Unemployment rate | 13.8% (2003 est.) | 8.8% (2006 est.) |
| Waterways | 800 km (includes 82 km Panama Canal) (2004) | 800 km (includes 82 km Panama Canal) (2007) |
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