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Compare Panama (2005) - Micronesia, Federated States of (2002)

Compare Panama (2005) z Micronesia, Federated States of (2002)

 Panama (2005)Micronesia, Federated States of (2002)
 PanamaMicronesia, Federated States of
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 4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), Yap
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: NA%


15-64 years: NA%


65 years and over: NA%
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp black pepper, tropical fruits and vegetables, coconuts, cassava (tapioca), sweet potatoes; pigs, chickens
Airports 105 (2004 est.) 7 (2001)
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: 6


1,524 to 2,437 m: 4


914 to 1,523 m: 2 (2002)
Airports - with unpaved runways total: 61


914 to 1,523 m: 12


under 914 m: 49 (2004 est.)
total: 1


914 to 1,523 m: 1 (2002)
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 702 sq km


land: 702 sq km


water: 0 sq km (fresh water only)


note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae
Area - comparative slightly smaller than South Carolina four times the size of Washington, DC (land area only)
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. In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the US. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
Birth rate 19.96 births/1,000 population (2005 est.) NA births/1,000 population
Budget revenues: $3.095 billion


expenditures: $3.737 billion, including capital expenditures of $471 million (2004 est.)
revenues: $161 million ($69 million less grants)


expenditures: $160 million, including capital expenditures of $NA (1998 est.)
Capital Panama Palikir
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage
Coastline 2,490 km 6,112 km
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 10 May 1979
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: Federated States of Micronesia


conventional short form: none


former: Ponape, Truk, and Yap Districts (Trust Territory of the Pacific Islands)


abbreviation: FSM
Currency - US dollar (USD)
Death rate 6.54 deaths/1,000 population (2005 est.) NA deaths/1,000 population
Debt - external $8.78 billion (2004 est.) $66.5 million
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 Larry DINGER


embassy: address NA, Kolonia


mailing address: P. O. Box 1286, Kolonia, Pohnpei, Federated States of Micronesia 96941


telephone: [691] 320-2187


FAX: [691] 320-2186
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 Jesse Bibiano MAREHALAU


chancery: 1725 N Street NW, Washington, DC 20036


telephone: [1] (202) 223-4383


FAX: [1] (202) 223-4391


consulate(s) general: Honolulu and Tamuning (Guam)
Disputes - international organized illegal narcotics operations in Colombia operate within the border region with Panama none
Economic aid - recipient $197.1 million (1995) under terms of the Compact of Free Association, the US pledged $1.3 billion in grant aid during the period 1986-2001
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. Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remote location and a lack of adequate facilities hinder development. In 1996, the country experienced a 20% reduction in revenues from the Compact of Free Association - the agreement with the US in which Micronesia received $1.3 billion in financial and technical assistance over a 15-year period until 2001. Since these revenues accounted for 57% of consolidated government revenues, reduced Compact funding resulted in a severe depression. Economic activity recovered in 1999-2001. The country's medium-term economic outlook appears fragile due to likely further reductions in external grants made under the US Compact funding. Geographical isolation and a poorly developed infrastructure remain major impediments to long-term growth.
Electricity - consumption 4.473 billion kWh (2002) NA kWh
Electricity - exports 120 million kWh (2002) -
Electricity - imports 61 million kWh (2002) -
Electricity - production 4.873 billion kWh (2002) NA kWh
Electricity - production by source - fossil fuel: NA%


hydro: NA%


nuclear: NA%


other: NA%
Elevation extremes lowest point: Pacific Ocean 0 m


highest point: Volcan de Chiriqui 3,475 m
lowest point: Pacific Ocean 0 m


highest point: Dolohmwar (Totolom) 791 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, climate change, 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: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection


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% nine ethnic Micronesian and Polynesian groups
Exchange rates balboas per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000) the US dollar is used
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 Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government


head of government: President Leo A. FALCAM (since 21 July 1999); Vice President Redley KILLION (since 21 July 1999); note - the president is both the chief of state and head of government


cabinet: Cabinet


elections: president and vice president elected by Congress from among the four senators-at-large for four-year terms; election last held NA May 1999 (next to be held NA May 2003); note - a proposed constitutional amendment to establish popular elections for president and vice president failed


election results: Leo A. FALCAM elected president; percent of Congress vote - NA%; Redley KILLION elected vice president; percent of Congress vote - NA%
Exports NA $22 million (f.o.b.)
Exports - commodities bananas, shrimp, sugar, coffee, clothing (1999) fish, garments, bananas, black pepper
Exports - partners US 50.5%, Sweden 6.6%, Spain 5.1%, Netherlands 4.4%, Costa Rica 4.2% (2004) Japan, US, Guam
Fiscal year calendar year 1 October - 30 September
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 light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern
GDP - purchasing power parity - $269 million


note: GDP is supplemented by grant aid, averaging perhaps $100 million annually (2001 est.)
GDP - composition by sector agriculture: 7.2%


industry: 13%


services: 79.8% (2004 est.)
agriculture: 50%


industry: 4%


services: 46% (2000 est.)
GDP - per capita purchasing power parity - $6,900 (2004 est.) purchasing power parity - $2,000 (2001 est.)
GDP - real growth rate 6% (2004 est.) 2% (2001 est.)
Geographic coordinates 9 00 N, 80 00 W 6 55 N, 158 15 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 four major island groups totaling 607 islands
Highways total: 11,643 km


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


unpaved: 7,615 km (2000 est.)
total: 240 km


paved: 42 km


unpaved: 198 km (1996)
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 $149 million f.o.b.
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals food, manufactured goods, machinery and equipment, beverages
Imports - partners US 33.3%, Netherlands Antilles 8.1%, Japan 6%, Costa Rica 5.7%, Mexico 4.6%, Colombia 4.2% (2004) US, Australia, Japan
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 3 November 1986 (from the US-administered UN Trusteeship)
Industrial production growth rate 5.4% (2004 est.) NA%
Industries construction, brewing, cement and other construction materials, sugar milling tourism, construction, fish processing, craft items from shell, wood, and pearls
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.)
NA deaths/1,000 live births
Inflation rate (consumer prices) 2% (2004 est.) 2.5% (2001 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 ACP, AsDB, ESCAP, G-77, IBRD, ICAO, IDA, IFC, IFRCS (associate), IMF, IOC, ITU, OPCW, Sparteca, SPC, SPF, UN, UNCTAD, UNESCO, WHO, WMO
Internet Service Providers (ISPs) - 1 (2000)
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
Labor force 1.32 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2004 est.)
NA
Labor force - by occupation agriculture 20.8%, industry 18%, services 61.2% (1995 est.) two-thirds are government employees
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: 5.71%


permanent crops: 45.71%


other: 48.58% (1998 est.)
Languages Spanish (official), English 14%; note - many Panamanians bilingual English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi
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 adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws
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 Congress (14 seats; members elected by popular vote; four - one elected from each state - to serve four-year terms and 10 - elected from single-member districts delineated by population - to serve two-year terms)


elections: elections for four-year term seats last held 2 March 1999 (next to be held NA March 2003); elections for two-year term seats last held 6 March 2001 (next to be held NA March 2003)


election results: percent of vote - NA%; seats - independents 14
Life expectancy at birth total population: 75.25 years


male: 72.68 years


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


male: NA years


female: NA years
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: 89%


male: 91%


female: 88% (1980 est.)
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia
Map references Central America and the Caribbean Oceania
Maritime claims territorial sea: 12 nm


contiguous zone: 24 nm


exclusive economic zone: 200 nm
exclusive economic zone: 200 NM


territorial sea: 12 NM
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)
none


note: includes a foreign-owned ship registered here as a flag of convenience: United States 1 (2002 est.)
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" Federated States of Micronesia (FSM) is a sovereign, self-governing state in free association with the US; FSM is totally dependent on the US for its defense
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) -
Military expenditures - dollar figure $147 million (2004) -
Military expenditures - percent of GDP 1.1% (2004) -
National holiday Independence Day, 3 November (1903) Constitution Day, 10 May (1979)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Micronesian(s)


adjective: Micronesian; Chuukese, Kosraen(s), Pohnpeian(s), Yapese
Natural hazards occasional severe storms and forest fires in the Darien area typhoons (June to December)
Natural resources copper, mahogany forests, shrimp, hydropower forests, marine products, deep-seabed minerals
Net migration rate -0.86 migrant(s)/1,000 population (2005 est.) NA migrant(s)/1,000 population
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] no formal parties
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 -
Population 3,039,150 (July 2005 est.) 135,869 (July 2002 est.)
Population below poverty line 37% (1999 est.) NA%
Population growth rate 1.26% (2005 est.) NA% (2002 est.)
Ports and harbors Balboa, Colon, Cristobal Colonia (Yap), Kolonia (Pohnpei), Lele, Moen
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 5, FM 1, shortwave 0 (1998)
Radios - 9,400 (1996)
Railways total: 355 km


standard gauge: 76 km 1.435-m gauge


narrow gauge: 279 km 0.914-m gauge (2004)
0 km (2003)
Religions Roman Catholic 85%, Protestant 15% Roman Catholic 50%, Protestant 47%
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.)
NA
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: adequate system


domestic: islands interconnected by shortwave radiotelephone (used mostly for government purposes)


international: satellite earth stations - 5 Intelsat (Pacific Ocean) (2002)
Telephones - main lines in use 386,900 (2002) 11,000 (2001)
Telephones - mobile cellular 834,000 (2003) newly installed in Pohnpei and Yap
Television broadcast stations 38 (including repeaters) (1998) 2 (1997)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Truk
Total fertility rate 2.45 children born/woman (2005 est.) NA children born/woman
Unemployment rate 12.6% (2004 est.) 16% (1999 est.)
Waterways 800 km (includes 82 km Panama Canal) (2004) none
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