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Compare Panama (2005) - Korea, South (2007)

Compare Panama (2005) z Korea, South (2007)

 Panama (2005)Korea, South (2007)
 PanamaKorea, South
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 9 provinces (do, singular and plural) and 7 metropolitan cities (gwangyoksi, singular and plural)


provinces: Cheju-do, Cholla-bukto (North Cholla), Cholla-namdo (South Cholla), Ch'ungch'ong-bukto (North Ch'ungch'ong), Ch'ungch'ong-namdo (South Ch'ungch'ong), Kangwon-do, Kyonggi-do, Kyongsang-bukto (North Kyongsang), Kyongsang-namdo (South Kyongsang)


metropolitan cities: Inch'on-gwangyoksi (Inch'on), Kwangju-gwangyoksi (Kwangju), Pusan-gwangyoksi (Pusan), Soul-t'ukpyolsi (Seoul), Taegu-gwangyoksi (Taegu), Taejon-gwangyoksi (Taejon), Ulsan-gwangyoksi (Ulsan)
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: 18.3% (male 4,714,103/female 4,262,873)


15-64 years: 72.1% (male 18,004,719/female 17,346,594)


65 years and over: 9.6% (male 1,921,803/female 2,794,698) (2007 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp rice, root crops, barley, vegetables, fruit; cattle, pigs, chickens, milk, eggs; fish
Airports 105 (2004 est.) 105 (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: 68


over 3,047 m: 3


2,438 to 3,047 m: 21


1,524 to 2,437 m: 14


914 to 1,523 m: 11


under 914 m: 19 (2007)
Airports - with unpaved runways total: 61


914 to 1,523 m: 12


under 914 m: 49 (2004 est.)
total: 37


914 to 1,523 m: 3


under 914 m: 34 (2007)
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 98,480 sq km


land: 98,190 sq km


water: 290 sq km
Area - comparative slightly smaller than South Carolina slightly larger than Indiana
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. An independent Korean state or collection of states has existed almost continuously for several millennia. Between its initial unification in the 7th century - from three predecessor Korean states - until the 20th century, Korea existed as a single independent country. In 1905, following the Russo-Japanese War, Korea became a protectorate of imperial Japan, and in 1910 it was annexed as a colony. Korea regained its independence following Japan's surrender to the United States in 1945. After World War II, a Republic of Korea (ROK) was set up in the southern half of the Korean Peninsula while a Communist-style government was installed in the north (the DPRK). During the Korean War (1950-53), US troops and UN forces fought alongside soldiers from the ROK to defend South Korea from DPRK attacks supported by China and the Soviet Union. An armistice was signed in 1953, splitting the peninsula along a demilitarized zone at about the 38th parallel. Thereafter, South Korea achieved rapid economic growth with per capita income rising to roughly 14 times the level of North Korea. In 1993, KIM Young-sam became South Korea's first civilian president following 32 years of military rule. South Korea today is a fully functioning modern democracy. In June 2000, a historic first North-South summit took place between the South's President KIM Dae-jung and the North's leader KIM Jong Il.
Birth rate 19.96 births/1,000 population (2005 est.) 9.93 births/1,000 population (2007 est.)
Budget revenues: $3.095 billion


expenditures: $3.737 billion, including capital expenditures of $471 million (2004 est.)
revenues: $219.5 billion


expenditures: $215.7 billion (2006 est.)
Capital Panama name: Seoul


geographic coordinates: 37 33 N, 126 59 E


time difference: UTC+9 (14 hours ahead of Washington, DC during Standard Time)
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) temperate, with rainfall heavier in summer than winter
Coastline 2,490 km 2,413 km
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 17 July 1948; note - amended or rewritten nine times; current constitution approved on 29 October 1987
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: Republic of Korea


conventional short form: South Korea


local long form: Taehan-min'guk


local short form: Han'guk


abbreviation: ROK
Death rate 6.54 deaths/1,000 population (2005 est.) 5.99 deaths/1,000 population (2007 est.)
Debt - external $8.78 billion (2004 est.) $187.2 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 Alexander VERSHBOW


embassy: 32 Sejong-no, Jongno-gu, Seoul 110-710


mailing address: US Embassy Seoul, APO AP 96205-5550


telephone: [82] (2) 397-4114


FAX: [82] (2) 738-8845
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 LEE Tae-sik


chancery: 2450 Massachusetts Avenue NW, Washington, DC 20008


telephone: [1] (202) 939-5600


FAX: [1] (202) 387-0205


consulate(s) general: Agana (Guam), Atlanta, Boston, Chicago, Honolulu, Houston, Los Angeles, New York, San Francisco, Seattle
Disputes - international organized illegal narcotics operations in Colombia operate within the border region with Panama Military Demarcation Line within the 4-km wide Demilitarized Zone has separated North from South Korea since 1953; periodic incidents with North Korea in the Yellow Sea over the Northern Limiting Line, which South Korea claims as a maritime boundary; South Korea and Japan claim Liancourt Rocks (Tok-do/Take-shima), occupied by South Korea since 1954
Economic aid - donor - ODA, $744 million (2005)
Economic aid - recipient $197.1 million (1995) -
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. Since the 1960s, South Korea has achieved an incredible record of growth and integration into the high-tech modern world economy. Four decades ago, GDP per capita was comparable with levels in the poorer countries of Africa and Asia. In 2004, South Korea joined the trillion dollar club of world economies. Today its GDP per capita is equal to the lesser economies of the EU. This success was achieved by a system of close government/business ties, including directed credit, import restrictions, sponsorship of specific industries, and a strong labor effort. The government promoted the import of raw materials and technology at the expense of consumer goods and encouraged savings and investment over consumption. The Asian financial crisis of 1997-99 exposed longstanding weaknesses in South Korea's development model, including high debt/equity ratios, massive foreign borrowing, and an undisciplined financial sector. GDP plunged by 6.9% in 1998, then recovered by 9.5% in 1999 and 8.5% in 2000. Growth fell back to 3.3% in 2001 because of the slowing global economy, falling exports, and the perception that much-needed corporate and financial reforms had stalled. Led by consumer spending and exports, growth in 2002 was an impressive 7%, despite anemic global growth. Between 2003 and 2006, growth moderated to about 4-5%. A downturn in consumer spending was offset by rapid export growth. Moderate inflation, low unemployment, an export surplus, and fairly equal distribution of income characterize this solid economy.
Electricity - consumption 4.473 billion kWh (2002) 352.5 billion kWh (2005)
Electricity - exports 120 million kWh (2002) 0 kWh (2005)
Electricity - imports 61 million kWh (2002) 0 kWh (2005)
Electricity - production 4.873 billion kWh (2002) 366.2 billion kWh (2005)
Elevation extremes lowest point: Pacific Ocean 0 m


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


highest point: Halla-san 1,950 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 in large cities; acid rain; water pollution from the discharge of sewage and industrial effluents; drift net fishing
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: 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, Whaling


signed, but not ratified: none of the selected agreements
Ethnic groups mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% homogeneous (except for about 20,000 Chinese)
Exchange rates balboas per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000) South Korean won per US dollar - 955.3 (2006), 1,024.1 (2005), 1,145.3 (2004), 1,191.6 (2003), 1,251.1 (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 ROH Moo-hyun (since 25 February 2003)


head of government: Prime Minister HAN Duck-soo (since 2 April 2007); Deputy Prime Ministers KIM Woo-sik (since 10 February 2006); KWON O-kyu (since 18 July 2006); KIM Shin-il (since 20 September 2006)


cabinet: State Council appointed by the president on the prime minister's recommendation


elections: president elected by popular vote for a single five-year term; election last held 19 December 2002 (next to be held on 19 December 2007); prime minister appointed by president with consent of National Assembly; deputy prime ministers appointed by president on prime minister's recommendation


election results: ROH Moo-hyun elected president; percent of vote - ROH Moo-hyun (MDP) 48.9%; LEE Hoi-chang (GNP) 46.6%; other 4.5%
Exports NA 644,100 bbl/day (2004)
Exports - commodities bananas, shrimp, sugar, coffee, clothing (1999) semiconductors, wireless telecommunications equipment, motor vehicles, computers, steel, ships, petrochemicals
Exports - partners US 50.5%, Sweden 6.6%, Spain 5.1%, Netherlands 4.4%, Costa Rica 4.2% (2004) China 21.3%, US 13.3%, Japan 8.1%, Hong Kong 5.9% (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 white with a red (top) and blue yin-yang symbol in the center; there is a different black trigram from the ancient I Ching (Book of Changes) in each corner of the white field
GDP - composition by sector agriculture: 7.2%


industry: 13%


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


industry: 39.6%


services: 57.2% (2006 est.)
GDP - per capita purchasing power parity - $6,900 (2004 est.) -
GDP - real growth rate 6% (2004 est.) 5% (2006 est.)
Geographic coordinates 9 00 N, 80 00 W 37 00 N, 127 30 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 on Korea Strait
Heliports - 536 (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%: 2.9%


highest 10%: 25% (2005 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 -
Imports NA 2.83 million bbl/day (2004)
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals machinery, electronics and electronic equipment, oil, steel, transport equipment, organic chemicals, plastics
Imports - partners US 33.3%, Netherlands Antilles 8.1%, Japan 6%, Costa Rica 5.7%, Mexico 4.6%, Colombia 4.2% (2004) Japan 16.8%, China 15.7%, US 11%, Saudi Arabia 6.7%, UAE 4.2% (2006)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 15 August 1945 (from Japan)
Industrial production growth rate 5.4% (2004 est.) 8% (2006 est.)
Industries construction, brewing, cement and other construction materials, sugar milling electronics, telecommunications, automobile production, chemicals, shipbuilding, steel
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: 6.05 deaths/1,000 live births


male: 6.43 deaths/1,000 live births


female: 5.64 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 2% (2004 est.) 2.2% (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 AfDB, APEC, APT, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, CP, EAS, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAIA, MIGA, NEA, NSG, OAS (observer), OECD, ONUB, OPCW, OSCE (partner), PCA, PIF (partner), SAARC (observer), UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNMIS, UNMOGIP, UNOMIG, UNWTO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC
Irrigated land 320 sq km (1998 est.) 8,780 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 Court (justices appointed by president with consent of National Assembly); Constitutional Court (justices appointed by president based partly on nominations by National Assembly and Chief Justice of the court)
Labor force 1.32 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2004 est.)
23.98 million (2006 est.)
Labor force - by occupation agriculture 20.8%, industry 18%, services 61.2% (1995 est.) agriculture: 6.4%


industry: 26.4%


services: 67.2% (2006 est.)
Land boundaries total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
total: 238 km


border countries: North Korea 238 km
Land use arable land: 7.36%


permanent crops: 1.98%


other: 90.66% (2001)
arable land: 16.58%


permanent crops: 2.01%


other: 81.41% (2005)
Languages Spanish (official), English 14%; note - many Panamanians bilingual Korean, English widely taught in junior high and high school
Legal system based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations combines elements of continental European civil law systems, Anglo-American law, and Chinese classical thought; has not accepted compulsory ICJ jurisdiction
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 National Assembly or Kukhoe (299 seats; 243 members elected in single-seat constituencies, 56 elected by proportional representation; to serve four-year terms)


elections: last held 15 April 2004 (next to be held in April 2008)


election results: percent of vote by party - Uri 51%, GNP 41%, DLP 3%, DP 3%, others 2%; seats by party - Uri 141, GNP 127, DP 12, DLP 9, PFP 5, independents 5


note: percent of vote is for 2004 general election; seats by party reflect results of 2005 and 2006 by-elections; MDP became DP in May 2005; United Liberal Democrats (ULD) merged with GNP in February 2006
Life expectancy at birth total population: 75.25 years


male: 72.68 years


female: 77.93 years (2005 est.)
total population: 77.23 years


male: 73.81 years


female: 80.93 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: 97.9%


male: 99.2%


female: 96.6% (2002)
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica Eastern Asia, southern half of the Korean Peninsula bordering the Sea of Japan and the Yellow Sea
Map references Central America and the Caribbean Asia
Maritime claims territorial sea: 12 nm


contiguous zone: 24 nm


exclusive economic zone: 200 nm
territorial sea: 12 nm; between 3 nm and 12 nm in the Korea Strait


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
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: 738 ships (1000 GRT or over) 10,636,466 GRT/17,371,943 DWT


by type: bulk carrier 187, cargo 202, carrier 1, chemical tanker 119, container 81, liquefied gas 26, passenger 5, passenger/cargo 21, petroleum tanker 57, refrigerated cargo 19, roll on/roll off 8, specialized tanker 4, vehicle carrier 8


foreign-owned: 22 (China 2, France 8, Japan 1, Sweden 2, UK 1, US 7, Vietnam 1)


registered in other countries: 386 (Belize 4, Cambodia 29, China 1, Cyprus 2, Greece 2, Honduras 6, Hong Kong 6, Indonesia 1, Liberia 4, Malta 3, Marshall Islands 3, Netherlands 1, Panama 316, Russia 1, Singapore 7, unknown 4) (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) Army, Navy, Republic of Korea Air Force (Han-guk Kong Goon), Marine Corps, National Maritime Police (coast guard) (2006)
Military expenditures - dollar figure $147 million (2004) -
Military expenditures - percent of GDP 1.1% (2004) 2.7% (2006)
National holiday Independence Day, 3 November (1903) Liberation Day, 15 August (1945)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Korean(s)


adjective: Korean
Natural hazards occasional severe storms and forest fires in the Darien area occasional typhoons bring high winds and floods; low-level seismic activity common in southwest
Natural resources copper, mahogany forests, shrimp, hydropower coal, tungsten, graphite, molybdenum, lead, hydropower potential
Net migration rate -0.86 migrant(s)/1,000 population (2005 est.) 0 migrant(s)/1,000 population (2007 est.)
Pipelines - gas 1,482 km; refined products 827 km (2006)
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 Labor Party or DLP [MOON Seong-hyun]; Democratic Party or DP [PARK Sang-chun]; Grand National Party or GNP [KANG Jae-sup]; People-First Party or PFP [SHIN Kook-hwan and SIM Dae-pyung]; Uri Party [Chung Sye-kyun]
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 Federation of Korean Industries; Federation of Korean Trade Unions; Korean Confederation of Trade Unions; Korean National Council of Churches; Korean Traders Association; Korean Veterans' Association; National Council of Labor Unions; National Democratic Alliance of Korea; National Federation of Farmers' Associations; National Federation of Student Associations
Population 3,039,150 (July 2005 est.) 49,044,790 (July 2007 est.)
Population below poverty line 37% (1999 est.) 15% (2003 est.)
Population growth rate 1.26% (2005 est.) 0.394% (2007 est.)
Ports and harbors Balboa, Colon, Cristobal -
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 61, FM 150, shortwave 2 (2005)
Railways total: 355 km


standard gauge: 76 km 1.435-m gauge


narrow gauge: 279 km 0.914-m gauge (2004)
total: 3,472 km


standard gauge: 3,472 km 1.435-m gauge (1,342 km electrified) (2006)
Religions Roman Catholic 85%, Protestant 15% Christian 26.3% (Protestant 19.7%, Roman Catholic 6.6%), Buddhist 23.2%, other or unknown 1.3%, none 49.3% (1995 census)
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: 1.08 male(s)/female


under 15 years: 1.106 male(s)/female


15-64 years: 1.038 male(s)/female


65 years and over: 0.688 male(s)/female


total population: 1.01 male(s)/female (2007 est.)
Suffrage 18 years of age; universal and compulsory 19 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: excellent domestic and international services


domestic: NA


international: country code - 82; numerous submarine cables provide links throughout Asia, Australia, the Middle East, Europe, and US; satellite earth stations - 3 Intelsat (1 Pacific Ocean and 2 Indian Ocean) and 3 Inmarsat (1 Pacific Ocean and 2 Indian Ocean)
Telephones - main lines in use 386,900 (2002) 26.866 million (2006)
Telephones - mobile cellular 834,000 (2003) 40.197 million (2006)
Television broadcast stations 38 (including repeaters) (1998) 43 (plus 59 cable operators and 190 relay cable operators) (2005)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills mostly hills and mountains; wide coastal plains in west and south
Total fertility rate 2.45 children born/woman (2005 est.) 1.28 children born/woman (2007 est.)
Unemployment rate 12.6% (2004 est.) 3.3% (2006 est.)
Waterways 800 km (includes 82 km Panama Canal) (2004) 1,608 km (most navigable only by small craft) (2007)
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