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Compare Panama (2005) - United States (2006)

Compare Panama (2005) z United States (2006)

 Panama (2005)United States (2006)
 PanamaUnited States
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 50 states and 1 district*; Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia*, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
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: 20.4% (male 31,095,847/female 29,715,872)


15-64 years: 67.2% (male 100,022,845/female 100,413,484)


65 years and over: 12.5% (male 15,542,288/female 21,653,879) (2006 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Airports 105 (2004 est.) 14,858 (2006)
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: 5,119


over 3,047 m: 189


2,438 to 3,047 m: 221


1,524 to 2,437 m: 1,426


914 to 1,523 m: 2,337


under 914 m: 946 (2006)
Airports - with unpaved runways total: 61


914 to 1,523 m: 12


under 914 m: 49 (2004 est.)
total: 9,739


over 3,047 m: 1


2,438 to 3,047 m: 6


1,524 to 2,437 m: 157


914 to 1,523 m: 1,728


under 914 m: 7,847 (2006)
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 9,631,420 sq km


land: 9,161,923 sq km


water: 469,497 sq km


note: includes only the 50 states and District of Columbia
Area - comparative slightly smaller than South Carolina about half the size of Russia; about three-tenths the size of Africa; about half the size of South America (or slightly larger than Brazil); slightly larger than China; almost two and a half times the size of the European Union
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. Britain's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions. The two most traumatic experiences in the nation's history were the Civil War (1861-65) and the Great Depression of the 1930s. Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state. The economy is marked by steady growth, low unemployment and inflation, and rapid advances in technology.
Birth rate 19.96 births/1,000 population (2005 est.) 14.14 births/1,000 population (2006 est.)
Budget revenues: $3.095 billion


expenditures: $3.737 billion, including capital expenditures of $471 million (2004 est.)
revenues: $2.119 trillion


expenditures: $2.466 trillion; including capital expenditures of $NA (2005 est.)
Capital Panama name: Washington, DC (capital)


geographic coordinates: 38 53 N, 77 02 W


time difference: UTC-5 (during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November; note - these new dates become effective in 2007


note: the United States is divided into six time zones
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains
Coastline 2,490 km 19,924 km
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 17 September 1787, effective 4 March 1789
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: United States of America


conventional short form: United States


abbreviation: US or USA
Death rate 6.54 deaths/1,000 population (2005 est.) 8.26 deaths/1,000 population (2006 est.)
Debt - external $8.78 billion (2004 est.) $8.837 trillion (30 June 2005 est.)
Dependent areas - American Samoa, Baker Island, Guam, Howland Island, Jarvis Island, Johnston Atoll, Kingman Reef, Midway Islands, Navassa Island, Northern Mariana Islands, Palmyra Atoll, Puerto Rico, Virgin Islands, Wake Island


note: from 18 July 1947 until 1 October 1994, the US administered the Trust Territory of the Pacific Islands; it entered into a political relationship with all four political units: the Northern Mariana Islands is a commonwealth in political union with the US (effective 3 November 1986); the Republic of the Marshall Islands signed a Compact of Free Association with the US (effective 21 October 1986); the Federated States of Micronesia signed a Compact of Free Association with the US (effective 3 November 1986); Palau concluded a Compact of Free Association with the US (effective 1 October 1994)
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
-
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
-
Disputes - international organized illegal narcotics operations in Colombia operate within the border region with Panama prolonged drought, population growth, and outmoded practices and infrastructure in the border region strain water-sharing arrangements with Mexico; the US has stepped up efforts to stem nationals from Mexico, Central America, and other parts of the world from crossing illegally into the US from Mexico; illegal immigrants from the Caribbean, notably Haiti and the Dominican Republic, attempt to enter the US through Florida by sea; 1990 Maritime Boundary Agreement in the Bering Sea still awaits Russian Duma ratification; managed maritime boundary disputes with Canada at Dixon Entrance, Beaufort Sea, Strait of Juan de Fuca, and around the disputed Machias Seal Island and North Rock; US and Canada seek greater cooperation in monitoring people and commodities crossing the border; The Bahamas and US have not been able to agree on a maritime boundary; US Naval Base at Guantanamo Bay is leased from Cuba and only mutual agreement or US abandonment of the area can terminate the lease; Haiti claims US-administered Navassa Island; US has made no territorial claim in Antarctica (but has reserved the right to do so) and does not recognize the claims of any other state; Marshall Islands claims Wake Island
Economic aid - donor - ODA, $6.9 billion (1997)
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. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $42,000. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. The response to the terrorist attacks of 11 September 2001 showed the remarkable resilience of the economy. The war in March-April 2003 between a US-led coalition and Iraq, and the subsequent occupation of Iraq, required major shifts in national resources to the military. The rise in GDP in 2004 and 2005 was undergirded by substantial gains in labor productivity. Hurricane Katrina caused extensive damage in the Gulf Coast region in August 2005, but had a small impact on overall GDP growth for the year. Soaring oil prices in 2005 and 2006 threatened inflation and unemployment, yet the economy continued to grow through mid-2006. Imported oil accounts for about two-thirds of US consumption. Long-term problems include inadequate investment in economic infrastructure, rapidly rising medical and pension costs of an aging population, sizable trade and budget deficits, and stagnation of family income in the lower economic groups.
Electricity - consumption 4.473 billion kWh (2002) 3.656 trillion kWh (2003)
Electricity - exports 120 million kWh (2002) 23.97 billion kWh (2003)
Electricity - imports 61 million kWh (2002) 30.39 billion kWh (2003)
Electricity - production 4.873 billion kWh (2002) 3.892 trillion kWh (2003)
Elevation extremes lowest point: Pacific Ocean 0 m


highest point: Volcan de Chiriqui 3,475 m
lowest point: Death Valley -86 m


highest point: Mount McKinley 6,194 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 resulting in acid rain in both the US and Canada; the US is the largest single emitter of carbon dioxide from the burning of fossil fuels; water pollution from runoff of pesticides and fertilizers; limited natural fresh water resources in much of the western part of the country require careful management; desertification
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, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Climate Change, Desertification, Endangered Species, Environmental Modification, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change-Kyoto Protocol, Hazardous Wastes
Ethnic groups mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% white 81.7%, black 12.9%, Asian 4.2%, Amerindian and Alaska native 1%, native Hawaiian and other Pacific islander 0.2% (2003 est.)


note: a separate listing for Hispanic is not included because the US Census Bureau considers Hispanic to mean a person of Latin American descent (including persons of Cuban, Mexican, or Puerto Rican origin) living in the US who may be of any race or ethnic group (white, black, Asian, etc.)
Exchange rates balboas per US dollar - 1 (2004), 1 (2003), 1 (2002), 1 (2001), 1 (2000) British pounds per US dollar - 0.5500 (2005), 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001); Canadian dollars per US dollar - 1.2118 (2005), 1.3010 (2004), 1.4011 (2003), 1.5693 (2002), 1.5488 (2001); Japanese yen per US dollar - 110.22 (2005), 108.19 (2004), 115.93 (2003), 125.39 (2002), 121.53 (2001); euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.8866 (2003), 1.0626 (2002), 1.1175 (2001); Chinese yuan per US dollar - 8.1943 (2005), 8.2768 (2004), 8.2770 (2003), 8.2770 (2002), 8.2271 (2001)
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 George W. BUSH (since 20 January 2001); Vice President Richard B. CHENEY (since 20 January 2001); note - the president is both the chief of state and head of government


head of government: President George W. BUSH (since 20 January 2001); Vice President Richard B. CHENEY (since 20 January 2001)


cabinet: Cabinet appointed by the president with Senate approval


elections: president and vice president elected on the same ticket by a college of representatives who are elected directly from each state; president and vice president serve four-year terms (eligible for a second term); election last held 2 November 2004 (next to be held 4 November 2008)


election results: George W. BUSH reelected president; percent of popular vote - George W. BUSH (Republican Party) 50.9%, John KERRY (Democratic Party) 48.1%, other 1.0%
Exports NA 1.048 million bbl/day (2004)
Exports - commodities bananas, shrimp, sugar, coffee, clothing (1999) agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2003)
Exports - partners US 50.5%, Sweden 6.6%, Spain 5.1%, Netherlands 4.4%, Costa Rica 4.2% (2004) Canada 23.4%, Mexico 13.3%, Japan 6.1%, China 4.6%, UK 4.3% (2005)
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 13 equal horizontal stripes of red (top and bottom) alternating with white; there is a blue rectangle in the upper hoist-side corner bearing 50 small, white, five-pointed stars arranged in nine offset horizontal rows of six stars (top and bottom) alternating with rows of five stars; the 50 stars represent the 50 states, the 13 stripes represent the 13 original colonies; known as Old Glory; the design and colors have been the basis for a number of other flags, including Chile, Liberia, Malaysia, and Puerto Rico
GDP - composition by sector agriculture: 7.2%


industry: 13%


services: 79.8% (2004 est.)
agriculture: 1%


industry: 20.4%


services: 78.7% (2005 est.)
GDP - per capita purchasing power parity - $6,900 (2004 est.) -
GDP - real growth rate 6% (2004 est.) 3.2% (2005 est.)
Geographic coordinates 9 00 N, 80 00 W 38 00 N, 97 00 W
Geography - note strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean world's third-largest country by size (after Russia and Canada) and by population (after China and India); Mt. McKinley is highest point in North America and Death Valley the lowest point on the continent
Heliports - 149 (2006)
Highways total: 11,643 km


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


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


highest 10%: 35.7% (1997)
lowest 10%: 1.8%


highest 10%: 30.5% (1997)
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 world's largest consumer of cocaine, shipped from Colombia through Mexico and the Caribbean; consumer of heroin, marijuana, and increasingly methamphetamine from Mexico; consumer of high-quality Southeast Asian heroin; illicit producer of cannabis, marijuana, depressants, stimulants, hallucinogens, and methamphetamine; money-laundering center
Imports NA 13.15 million bbl/day (2004)
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys) (2003)
Imports - partners US 33.3%, Netherlands Antilles 8.1%, Japan 6%, Costa Rica 5.7%, Mexico 4.6%, Colombia 4.2% (2004) Canada 16.9%, China 15%, Mexico 10%, Japan 8.2%, Germany 5% (2005)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 4 July 1776 (from Great Britain)
Industrial production growth rate 5.4% (2004 est.) 3.2% (2005 est.)
Industries construction, brewing, cement and other construction materials, sugar milling leading industrial power in the world, highly diversified and technologically advanced; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining
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: 6.43 deaths/1,000 live births


male: 7.09 deaths/1,000 live births


female: 5.74 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices) 2% (2004 est.) 3.2% (2005 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, ANZUS, APEC, Arctic Council, ARF, AsDB, ASEAN (dialogue partner), Australia Group, BIS, BSEC (observer), CBSS (observer), CE (observer), CERN (observer), CP, EAPC, EBRD, FAO, G-5, G-7, G- 8, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, MIGA, MINUSTAH, NAFTA, NATO, NEA, NSG, OAS, OECD, OPCW, OSCE, Paris Club, PCA, PIF (partner), SECI (observer), SPC, UN, UN Security Council, UNCTAD, UNESCO, UNHCR, UNITAR, UNMEE, UNMIL, UNMOVIC, UNOMIG, UNRWA, UNTSO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC
Irrigated land 320 sq km (1998 est.) 223,850 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 (nine justices; nominated by the president and confirmed with the advice and consent of the Senate; appointed to serve for life); United States Courts of Appeal; United States District Courts; State and County Courts
Labor force 1.32 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2004 est.)
149.3 million (includes unemployed) (2005 est.)
Labor force - by occupation agriculture 20.8%, industry 18%, services 61.2% (1995 est.) farming, forestry, and fishing 0.7%, manufacturing, extraction, transportation, and crafts 22.9%, managerial, professional, and technical 34.7%, sales and office 25.4%, other services 16.3%


note: figures exclude the unemployed (2005)
Land boundaries total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
total: 12,034 km


border countries: Canada 8,893 km (including 2,477 km with Alaska), Mexico 3,141 km


note: US Naval Base at Guantanamo Bay, Cuba is leased by the US and is part of Cuba; the base boundary is 28 km
Land use arable land: 7.36%


permanent crops: 1.98%


other: 90.66% (2001)
arable land: 18.01%


permanent crops: 0.21%


other: 81.78% (2005)
Languages Spanish (official), English 14%; note - many Panamanians bilingual English 82.1%, Spanish 10.7%, other Indo-European 3.8%, Asian and Pacific island 2.7%, other 0.7% (2000 census)
Legal system based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations federal court system based on English common law; each state has its own unique legal system, of which all but one (Louisiana's) is based on English common law; judicial review of legislative acts
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
bicameral Congress consists of the Senate (100 seats, one-third are renewed every two years; 2 members are elected from each state by popular vote to serve six-year terms) and the House of Representatives (435 seats; members are directly elected by popular vote to serve two-year terms)


elections: Senate - last held 7 November 2006 (next to be held on November 2008); House of Representatives - last held 7 November 2006 (next to be held on November 2008)


election results: Senate - percent of vote by party - NA; seats by party - Democratic Party 49, Republican Party 49, independent 2; House of Representatives - percent of vote by party - NA; seats by party - Democratic Party 232, Republican Party 203
Life expectancy at birth total population: 75.25 years


male: 72.68 years


female: 77.93 years (2005 est.)
total population: 77.85 years


male: 75.02 years


female: 80.82 years (2006 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: 99%


male: 99%


female: 99% (2003 est.)
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico
Map references Central America and the Caribbean North America
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


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: 465 ships (1000 GRT or over) 10,590,325 GRT/13,273,133 DWT


by type: barge carrier 7, bulk carrier 67, cargo 91, chemical tanker 20, container 76, passenger 19, passenger/cargo 58, petroleum tanker 76, refrigerated cargo 3, roll on/roll off 27, specialized tanker 1, vehicle carrier 20


foreign-owned: 51 (Australia 2, Canada 4, Denmark 24, Germany 2, Greece 1, Malaysia 4, Netherlands 4, Norway 2, Singapore 2, Sweden 5, Taiwan 1)


registered in other countries: 700 (Antigua and Barbuda 7, Australia 3, Bahamas 121, Belize 5, Bermuda 27, Cambodia 8, Canada 2, Cayman Islands 41, Comoros 2, Cyprus 7, Greece 1, Honduras 1, Hong Kong 21, Ireland 2, Isle of Man 3, Italy 15, North Korea 3, South Korea 7, Liberia 93, Luxembourg 3, Malta 3, Marshall Islands 143, Netherlands 13, Netherlands Antilles 1, Norway 13, Panama 94, Peru 1, Philippines 8, Portugal 1, Puerto Rico 3, Qatar 1, Russia 1, Saint Vincent and the Grenadines 21, Sierra Leone 1, Singapore 7, Spain 7, Sweden 1, Trinidad and Tobago 1, UK 6, Vanuatu 1, Wallis and Futuna 1) (2006)
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 and Marine Corps, Air Force, and Coast Guard; note - Coast Guard administered in peacetime by the Department of Homeland Security, but in wartime reports to the Department of the Navy
Military expenditures - dollar figure $147 million (2004) $518.1 billion (FY04 est.) (2005 est.)
Military expenditures - percent of GDP 1.1% (2004) 4.06% (FY03 est.) (2005 est.)
National holiday Independence Day, 3 November (1903) Independence Day, 4 July (1776)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: American(s)


adjective: American
Natural hazards occasional severe storms and forest fires in the Darien area tsunamis, volcanoes, and earthquake activity around Pacific Basin; hurricanes along the Atlantic and Gulf of Mexico coasts; tornadoes in the midwest and southeast; mud slides in California; forest fires in the west; flooding; permafrost in northern Alaska, a major impediment to development
Natural resources copper, mahogany forests, shrimp, hydropower coal, copper, lead, molybdenum, phosphates, uranium, bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber
Net migration rate -0.86 migrant(s)/1,000 population (2005 est.) 3.18 migrant(s)/1,000 population (2006 est.)
Pipelines - petroleum products 244,620 km; natural gas 548,665 km (2003)
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 Party [Howard DEAN]; Green Party; Libertarian Party [Steve DAMERELL]; Republican Party [Ken MEHLMAN]
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 NA
Population 3,039,150 (July 2005 est.) 298,444,215 (July 2006 est.)
Population below poverty line 37% (1999 est.) 12% (2004 est.)
Population growth rate 1.26% (2005 est.) 0.91% (2006 est.)
Ports and harbors Balboa, Colon, Cristobal -
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 4,789, FM 8,961, shortwave 19 (2006)
Railways total: 355 km


standard gauge: 76 km 1.435-m gauge


narrow gauge: 279 km 0.914-m gauge (2004)
total: 226,605 km


standard gauge: 226,605 km 1.435-m gauge (2004)
Religions Roman Catholic 85%, Protestant 15% Protestant 52%, Roman Catholic 24%, Mormon 2%, Jewish 1%, Muslim 1%, other 10%, none 10% (2002 est.)
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: 1.05 male(s)/female


under 15 years: 1.05 male(s)/female


15-64 years: 1 male(s)/female


65 years and over: 0.72 male(s)/female


total population: 0.97 male(s)/female (2006 est.)
Suffrage 18 years of age; universal and compulsory 18 years of age; universal
Telephone system general assessment: domestic and international facilities well developed


domestic: NA


international: country code - 507; 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System
general assessment: a large, technologically advanced, multipurpose communications system


domestic: a large system of fiber-optic cable, microwave radio relay, coaxial cable, and domestic satellites carries every form of telephone traffic; a rapidly growing cellular system carries mobile telephone traffic throughout the country


international: country code - 1; 24 ocean cable systems in use; satellite earth stations - 61 Intelsat (45 Atlantic Ocean and 16 Pacific Ocean), 5 Intersputnik (Atlantic Ocean region), and 4 Inmarsat (Pacific and Atlantic Ocean regions) (2000)
Telephones - main lines in use 386,900 (2002) 268 million (2003)
Telephones - mobile cellular 834,000 (2003) 219.4 million (2005)
Television broadcast stations 38 (including repeaters) (1998) 2,218 (2006)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills vast central plain, mountains in west, hills and low mountains in east; rugged mountains and broad river valleys in Alaska; rugged, volcanic topography in Hawaii
Total fertility rate 2.45 children born/woman (2005 est.) 2.09 children born/woman (2006 est.)
Unemployment rate 12.6% (2004 est.) 5.1% (2005 est.)
Waterways 800 km (includes 82 km Panama Canal) (2004) 41,009 km (19,312 km used for commerce)


note: Saint Lawrence Seaway of 3,769 km, including the Saint Lawrence River of 3,058 km, shared with Canada (2004)
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