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Compare Panama (2005) - Greece (2008)

Compare Panama (2005) z Greece (2008)

 Panama (2005)Greece (2008)
 PanamaGreece
Administrative divisions 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 51 prefectures (nomoi, singular - nomos) and 1 autonomous region*; Achaia, Agion Oros* (Mt. Athos), Aitolia kai Akarnania, Argolis, Arkadia, Arta, Attiki, Chalkidiki, Chanion, Chios, Dodekanisos, Drama, Evros, Evrytania, Evvoia, Florina, Fokidos, Fthiotis, Grevena, Ileia, Imathia, Ioannina, Irakleion, Karditsa, Kastoria, Kavala, Kefallinia, Kerkyra, Kilkis, Korinthia, Kozani, Kyklades, Lakonia, Larisa, Lasithi, Lefkas, Lesvos, Magnisia, Messinia, Pella, Pieria, Preveza, Rethynnis, Rodopi, Samos, Serrai, Thesprotia, Thessaloniki, Trikala, Voiotia, Xanthi, Zakynthos
Age structure 0-14 years: 29.8% (male 460,840/female 443,359)


15-64 years: 63.9% (male 984,558/female 956,748)


65 years and over: 6.4% (male 91,383/female 102,262) (2005 est.)
0-14 years: 14.3% (male 789,637/female 742,535)


15-64 years: 66.7% (male 3,565,237/female 3,570,630)


65 years and over: 19% (male 895,384/female 1,142,867) (2007 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products
Airports 105 (2004 est.) 81 (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: 66


over 3,047 m: 5


2,438 to 3,047 m: 15


1,524 to 2,437 m: 20


914 to 1,523 m: 17


under 914 m: 9 (2007)
Airports - with unpaved runways total: 61


914 to 1,523 m: 12


under 914 m: 49 (2004 est.)
total: 15


914 to 1,523 m: 3


under 914 m: 12 (2007)
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 131,940 sq km


land: 130,800 sq km


water: 1,140 sq km
Area - comparative slightly smaller than South Carolina slightly smaller than Alabama
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. Greece achieved independence from the Ottoman Empire in 1829. During the second half of the 19th century and the first half of the 20th century, it gradually added neighboring islands and territories, most with Greek-speaking populations. In World War II, Greece was first invaded by Italy (1940) and subsequently occupied by Germany (1941-44); fighting endured in a protracted civil war between supporters of the king and Communist rebels. Following the latter's defeat in 1949, Greece joined NATO in 1952. A military dictatorship, which in 1967 suspended many political liberties and forced the king to flee the country, lasted seven years. The 1974 democratic elections and a referendum created a parliamentary republic and abolished the monarchy. In 1981 Greece joined the EC (now the EU); it became the 12th member of the euro zone in 2001.
Birth rate 19.96 births/1,000 population (2005 est.) 9.62 births/1,000 population (2007 est.)
Budget revenues: $3.095 billion


expenditures: $3.737 billion, including capital expenditures of $471 million (2004 est.)
revenues: $111.9 billion


expenditures: $120.7 billion (2007 est.)
Capital Panama name: Athens


geographic coordinates: 37 59 N, 23 44 E


time difference: UTC+2 (7 hours ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) temperate; mild, wet winters; hot, dry summers
Coastline 2,490 km 13,676 km
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 11 June 1975; amended March 1986 and April 2001
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: Hellenic Republic


conventional short form: Greece


local long form: Elliniki Dhimokratia


local short form: Ellas or Ellada


former: Kingdom of Greece
Death rate 6.54 deaths/1,000 population (2005 est.) 10.33 deaths/1,000 population (2007 est.)
Debt - external $8.78 billion (2004 est.) $371.5 billion (30 June 2007)
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 Daniel V. SPECKHARD


embassy: 91 Vasilisis Sophias Avenue, 10160 Athens


mailing address: PSC 108, APO AE 09842-0108


telephone: [30] (210) 721-2951


FAX: [30] (210) 645-6282


consulate(s) general: Thessaloniki
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
chief of mission: Ambassador Alexandros P. MALLIAS


chancery: 2221 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-1300


FAX: [1] (202) 939-1324


consulate(s) general: Boston, Chicago, Los Angeles, New York, San Francisco, Tampa


consulate(s): Atlanta, Houston
Disputes - international organized illegal narcotics operations in Colombia operate within the border region with Panama Greece and Turkey continue discussions to resolve their complex maritime, air, territorial, and boundary disputes in the Aegean Sea; Cyprus question with Turkey; Greece rejects the use of the name Macedonia or Republic of Macedonia; the mass migration of unemployed Albanians still remains a problem for developed countries, chiefly Greece and Italy
Economic aid - recipient $197.1 million (1995) $8 billion annually from EU (2000-06); Greece will receive about $3.8 billion per year between 2007-13 under the EU's Community Support Funds IV
Economy - overview Panama's dollarised economy rests primarily on a well-developed services sector that accounts for four-fifths 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; growth picked up in 2004 led by export-oriented services and a construction boom stimulated by tax incentives. The government has been backing tax reforms, reform of the social security program, new regional trade agreements, and development of tourism. Unemployment remains high. Greece has a capitalist economy with the public sector accounting for about 40% of GDP and with per capita GDP at least 75% of the leading euro-zone economies. Tourism provides 15% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in agricultural and unskilled jobs. Greece is a major beneficiary of EU aid, equal to about 3.3% of annual GDP. The Greek economy grew by nearly 4.0% per year between 2003 and 2007, due partly to infrastructural spending related to the 2004 Athens Olympic Games, and in part to an increased availability of credit, which has sustained record levels of consumer spending. Greece violated the EU's Growth and Stability Pact budget deficit criteria of no more than 3% of GDP from 2001 to 2006, but finally met that criteria in 2007. Public debt, inflation, and unemployment are above the euro-zone average, but are falling. The Greek Government continues to grapple with cutting government spending, reducing the size of the public sector, and reforming the labor and pension systems, in the face of often vocal opposition from the country's powerful labor unions and the general public. The economy remains an important domestic political issue in Greece and, while the ruling New Democracy government has had some success in improving economic growth and reducing the budget deficit, Athens faces long-term challenges in its effort to continue its economic reforms, especially social security reform and privatization.
Electricity - consumption 4.473 billion kWh (2002) 54.31 billion kWh (2005 est.)
Electricity - exports 120 million kWh (2002) 1.836 billion kWh (2005)
Electricity - imports 61 million kWh (2002) 5.616 billion kWh (2005)
Electricity - production 4.873 billion kWh (2002) 56.13 billion kWh (2005)
Elevation extremes lowest point: Pacific Ocean 0 m


highest point: Volcan de Chiriqui 3,475 m
lowest point: Mediterranean Sea 0 m


highest point: Mount Olympus 2,917 m
Environment - current issues water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources air pollution; water pollution
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
party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 94, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands


signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Air Pollution-Volatile Organic Compounds
Ethnic groups mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% population: Greek 93%, other (foreign citizens) 7% (2001 census)


note: percents represent citizenship, since Greece does not collect data on ethnicity
Exchange rates balboas per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000) euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003)
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 Karolos PAPOULIAS (since 12 March 2005)


head of government: Prime Minister Konstandinos (Kostas) KARAMANLIS (since 7 March 2004)


cabinet: Cabinet appointed by the president on the recommendation of the prime minister


elections: president elected by parliament for a five-year term (eligible for a second term); election last held 8 February 2005 (next to be held by February 2010); according to the Greek Constitution, presidents may only serve two terms; president appoints leader of the party securing plurality of vote in election to become prime minister and form a government


election results: Karolos PAPOULIAS elected president; number of parliamentary votes, 279 out of 300
Exports NA 119,200 bbl/day (2004)
Exports - commodities bananas, shrimp, sugar, coffee, clothing (1999) food and beverages, manufactured goods, petroleum products, chemicals, textiles
Exports - partners US 50.5%, Sweden 6.6%, Spain 5.1%, Netherlands 4.4%, Costa Rica 4.2% (2004) Germany 11.5%, Italy 11.5%, Bulgaria 6.5%, UK 6.1%, Cyprus 5.5%, Turkey 5.2%, France 4.5%, US 4.5%, Spain 4.1% (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 nine equal horizontal stripes of blue alternating with white; there is a blue square in the upper hoist-side corner bearing a white cross; the cross symbolizes Greek Orthodoxy, the established religion of the country
GDP - composition by sector agriculture: 7.2%


industry: 13%


services: 79.8% (2004 est.)
agriculture: 3.2%


industry: 20.6%


services: 76.3% (2007 est.)
GDP - per capita purchasing power parity - $6,900 (2004 est.) -
GDP - real growth rate 6% (2004 est.) 3.7% (2007 est.)
Geographic coordinates 9 00 N, 80 00 W 39 00 N, 22 00 E
Geography - note strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean strategic location dominating the Aegean Sea and southern approach to Turkish Straits; a peninsular country, possessing an archipelago of about 2,000 islands
Heliports - 9 (2007)
Highways total: 11,643 km


paved: 4,028 km (including 30 km of expressways)


unpaved: 7,615 km (2000 est.)
-
Household income or consumption by percentage share lowest 10%: 1.2%


highest 10%: 35.7% (1997)
lowest 10%: 2.5%


highest 10%: 26% (2000 est.)
Illicit drugs major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem a gateway to Europe for traffickers smuggling cannabis and heroin from the Middle East and Southwest Asia to the West and precursor chemicals to the East; some South American cocaine transits or is consumed in Greece; money laundering related to drug trafficking and organized crime
Imports NA 550,400 bbl/day (2004)
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals machinery, transport equipment, fuels, chemicals
Imports - partners US 33.3%, Netherlands Antilles 8.1%, Japan 6%, Costa Rica 5.7%, Mexico 4.6%, Colombia 4.2% (2004) Germany 12.6%, Italy 11.5%, Russia 7.1%, France 6%, Netherlands 5.2%, South Korea 4.2% (2006)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 1829 (from the Ottoman Empire)
Industrial production growth rate 5.4% (2004 est.) 3.2% (2007 est.)
Industries construction, brewing, cement and other construction materials, sugar milling tourism, food and tobacco processing, textiles, chemicals, metal products; mining, petroleum
Infant mortality rate total: 20.47 deaths/1,000 live births


male: 22.59 deaths/1,000 live births


female: 18.26 deaths/1,000 live births (2005 est.)
total: 5.34 deaths/1,000 live births


male: 5.87 deaths/1,000 live births


female: 4.78 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 2% (2004 est.) 2.6% (2007 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 Australia Group, BIS, BSEC, CE, CERN, EAPC, EBRD, EIB, EMU, EU, FAO, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OIF, OPCW, OSCE, PCA, Schengen Convention, SECI, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNHCR, UNIDO, UNIFIL, UNMEE, UNMIS, UNOMIG, UNWTO, UPU, WCO, WEU, WFTU, WHO, WIPO, WMO, WTO, ZC
Irrigated land 320 sq km (1998 est.) 14,530 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 Judicial Court; Special Supreme Tribunal; all judges appointed for life by the president after consultation with a judicial council
Labor force 1.32 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2004 est.)
4.94 million (2007 est.)
Labor force - by occupation agriculture 20.8%, industry 18%, services 61.2% (1995 est.) agriculture: 12%


industry: 20%


services: 68% (2004 est.)
Land boundaries total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
total: 1,228 km


border countries: Albania 282 km, Bulgaria 494 km, Turkey 206 km, Macedonia 246 km
Land use arable land: 7.36%


permanent crops: 1.98%


other: 90.66% (2001)
arable land: 20.45%


permanent crops: 8.59%


other: 70.96% (2005)
Languages Spanish (official), English 14%; note - many Panamanians bilingual Greek 99% (official), other 1% (includes English and French)
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 codified Roman law; judiciary divided into civil, criminal, and administrative courts; 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, CD 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 Parliament or Vouli ton Ellinon (300 seats; members are elected by direct popular vote to serve four-year terms)


elections: elections last held 16 September 2007 (next to be held by 2011)


election results: percent of vote by party - ND 41.8%, PASOK 38.1%, KKE 8.2%, Synaspismos 5%, LAOS 3.8%, other 3.1%; seats by party - ND 152, PASOK 102, KKE 22, Synaspismos 14, LAOS 10
Life expectancy at birth total population: 75.25 years


male: 72.68 years


female: 77.93 years (2005 est.)
total population: 79.38 years


male: 76.85 years


female: 82.06 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: 96%


male: 97.8%


female: 94.2% (2001 census)
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey
Map references Central America and the Caribbean Europe
Maritime claims territorial sea: 12 nm


contiguous zone: 24 nm


exclusive economic zone: 200 nm
territorial sea: 12 nm


continental shelf: 200 m depth or to the depth of exploitation
Merchant marine total: 5,005 ships (1,000 GRT or over) 122,960,929 GRT/183,615,337 DWT


by type: barge carrier 1, bulk carrier 1,548, cargo 886, chemical tanker 465, combination ore/oil 13, container 605, liquefied gas 183, livestock carrier 8, passenger 42, passenger/cargo 77, petroleum tanker 521, refrigerated cargo 298, roll on/roll off 97, specialized tanker 5, vehicle carrier 256


foreign-owned: 4,388 (Andorra 1, Argentina 9, Australia 3, Bahamas 1, Belgium 14, Brazil 1, Canada 1, Chile 14, China 310, Colombia 5, Croatia 1, Cuba 9, Cyprus 7, Denmark 13, Egypt 15, France 7, Germany 23, Greece 546, Hong Kong 159, India 8, Indonesia 46, Ireland 1, Isle of Man 2, Israel 3, Italy 8, Japan 1814, Jordan 9, Latvia 2, Lithuania 5, Malaysia 11, Maldives 1, Malta 1, Mexico 4, Monaco 8, Netherlands 22, New Zealand 1, Nigeria 6, Norway 66, Pakistan 1, Peru 13, Philippines 15, Poland 19, Portugal 8, Romania 13, Russia 4, Saudi Arabia 4, Singapore 54, South Africa 3, South Korea 292, Spain 41, Sri Lanka 1, Sudan 1, Sweden 4, Switzerland 188, Syria 7, Taiwan 301, Thailand 10, Trinidad & Tobago 1, Tunisia 1, Turkey 18, Ukraine 9, UAE 83, United Kingdom 29, United States 88, Venezuela 20, Vietnam 2, Yemen 1) (2005)
total: 824 ships (1000 GRT or over) 33,654,384 GRT/57,898,789 DWT


by type: bulk carrier 246, cargo 66, carrier 1, chemical tanker 52, combination ore/oil 1, container 43, liquefied gas 6, passenger 11, passenger/cargo 109, petroleum tanker 269, roll on/roll off 19, specialized tanker 1


foreign-owned: 49 (Belgium 16, Cyprus 5, Italy 1, South Korea 2, UK 15, US 10)


registered in other countries: 2,324 (Antigua and Barbuda 3, Bahamas 214, Barbados 11, Belgium 4, Bermuda 3, Cambodia 5, Cayman Islands 23, China 1, Comoros 8, Cyprus 292, Denmark 4, Dominica 8, Egypt 8, Georgia 7, Gibraltar 8, Honduras 1, Hong Kong 30, Isle of Man 48, Italy 13, Jamaica 8, Lebanon 2, Liberia 311, Maldives 1, Malta 448, Marshall Islands 226, Norway 6, Panama 505, Philippines 3, Portugal 4, Russia 1, Sao Tome and Principe 1, Saudi Arabia 2, Sierra Leone 1, Singapore 14, Slovakia 4, St Kitts and Nevis 2, St Vincent and The Grenadines 81, UAE 3, UK 6, Uruguay 1, Venezuela 3, unknown 8) (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) Hellenic Army (Ellinikos Stratos, ES), Hellenic Navy (Ellinikos Polemiko Navtiko, EPN), Hellenic Air Force (Elliniki Polimiki Aeroporia, EPA) (2007)
Military expenditures - dollar figure $147 million (2004) -
Military expenditures - percent of GDP 1.1% (2004) 4.3% (2005 est.)
National holiday Independence Day, 3 November (1903) Independence Day, 25 March (1821)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Greek(s)


adjective: Greek
Natural hazards occasional severe storms and forest fires in the Darien area severe earthquakes
Natural resources copper, mahogany forests, shrimp, hydropower lignite, petroleum, iron ore, bauxite, lead, zinc, nickel, magnesite, marble, salt, hydropower potential
Net migration rate -0.86 migrant(s)/1,000 population (2005 est.) 2.34 migrant(s)/1,000 population (2007 est.)
Pipelines - gas 1,166 km; oil 94 km (2007)
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] Coalition of the Left and Progress (Synaspismos) [Alekos ALAVANOS]; Communist Party of Greece or KKE [Aleka PAPARIGA]; New Democracy or ND (conservative) [Konstandinos KARAMANLIS]; Panhellenic Socialist Movement or PASOK [Yiorgos PAPANDREOU]; Popular Orthodox Rally or LAOS [Yeoryios KARATZAFERIS]
Political pressure groups and leaders 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 General Confederation of Greek Workers or GSEE [Ioannis PANAGOPOULOS]; Federation of Greek Industries or SEV [Dimitris DASKALOPOULOS]; Civil Servants Confederation or ADEDY [Spyros PAPASPYROS]
Population 3,039,150 (July 2005 est.) 10,706,290 (July 2007 est.)
Population below poverty line 37% (1999 est.) NA%
Population growth rate 1.26% (2005 est.) 0.163% (2007 est.)
Ports and harbors Balboa, Colon, Cristobal -
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 26, FM 88, shortwave 4 (1998)
Railways total: 355 km


standard gauge: 76 km 1.435-m gauge


narrow gauge: 279 km 0.914-m gauge (2004)
total: 2,571 km


standard gauge: 1,565 km 1.435-m gauge (764 km electrified)


narrow gauge: 961 km 1.000-m gauge; 22 km 0.750-m gauge


dual gauge: 23 km combined 1.435 m and 1.000-m gauges (three rail system) (2006)
Religions Roman Catholic 85%, Protestant 15% Greek Orthodox 98%, Muslim 1.3%, other 0.7%
Sex ratio at birth: 1.04 male(s)/female


under 15 years: 1.04 male(s)/female


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


65 years and over: 0.89 male(s)/female


total population: 1.02 male(s)/female (2005 est.)
at birth: 1.06 male(s)/female


under 15 years: 1.063 male(s)/female


15-64 years: 0.998 male(s)/female


65 years and over: 0.783 male(s)/female


total population: 0.962 male(s)/female (2007 est.)
Suffrage 18 years of age; universal and compulsory 18 years of age; universal and compulsory
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: adequate, modern networks reach all areas; good mobile telephone and international service


domestic: microwave radio relay trunk system; extensive open-wire connections; submarine cable to offshore islands


international: country code - 30; landing point for the SEA-ME-WE-3 optical telecommunications submarine cable that provides links to Europe, Middle East, and Asia; a number of smaller submarine cables provide connectivity to various parts of Europe, the Middle East, and Cyprus; tropospheric scatter; satellite earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), 1 Eutelsat, and 1 Inmarsat (Indian Ocean region)
Telephones - main lines in use 386,900 (2002) 6.185 million (2006)
Telephones - mobile cellular 834,000 (2003) 11.098 million (2006)
Television broadcast stations 38 (including repeaters) (1998) 36 (plus 1,341 repeaters); also 2 stations in the US Armed Forces Radio and Television Service (1995)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills mostly mountains with ranges extending into the sea as peninsulas or chains of islands
Total fertility rate 2.45 children born/woman (2005 est.) 1.35 children born/woman (2007 est.)
Unemployment rate 12.6% (2004 est.) 8.4% (2007 est.)
Waterways 800 km (includes 82 km Panama Canal) (2004) 6 km


note: Corinth Canal (6 km) crosses the Isthmus of Corinth; shortens sea voyage by 325 km (2007)
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