Panama (2006) | Isle of Man (2005) | |
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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 | none; there are no first-order administrative divisions as defined by the US Government, but there are 24 local authorities each with its own elections |
Age structure | 0-14 years: 30.3% (male 492,403/female 472,996)
15-64 years: 63.4% (male 1,025,898/female 998,926) 65 years and over: 6.3% (male 94,122/female 106,974) (2006 est.) |
0-14 years: 17.4% (male 6,681/female 6,365)
15-64 years: 65.5% (male 24,693/female 24,482) 65 years and over: 17.1% (male 5,163/female 7,665) (2005 est.) |
Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | cereals, vegetables; cattle, sheep, pigs, poultry |
Airports | 117 (2006) | 1 (2004 est.) |
Airports - with paved runways | total: 53
over 3,047 m: 1 2,438 to 3,047 m: 1 1,524 to 2,437 m: 5 914 to 1,523 m: 18 under 914 m: 28 (2006) |
total: 1
1,524 to 2,437 m: 1 (2004 est.) |
Airports - with unpaved runways | total: 64
1,524 to 2,437 m: 1 914 to 1,523 m: 10 under 914 m: 53 (2006) |
- |
Area | total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
total: 572 sq km
land: 572 sq km water: 0 sq km |
Area - comparative | slightly smaller than South Carolina | slightly more than three times the size of Washington, DC |
Background | Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Venezuela, and Ecuador - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transfered to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan to expand the Canal. The project, which is to begin in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15. | Part of the Norwegian Kingdom of the Hebrides until the 13th century when it was ceded to Scotland, the isle came under the British crown in 1765. Current concerns include reviving the almost extinct Manx Gaelic language. |
Birth rate | 21.74 births/1,000 population (2006 est.) | 11.18 births/1,000 population (2005 est.) |
Budget | revenues: $3.426 billion
expenditures: $3.959 billion; including capital expenditures of $471 million (2005 est.) |
revenues: $485 million
expenditures: $463 million, including capital expenditures of NA (FY00/01 est.) |
Capital | name: Panama
geographic coordinates: 8 58 N, 79 32 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
Douglas |
Climate | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) | temperate; cool summers and mild winters; overcast about one-third of the time |
Coastline | 2,490 km | 160 km |
Constitution | 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 | unwritten; note - The Isle of Man Constitution Act of 1961 does not embody the unwritten Manx Constitution |
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: none
conventional short form: Isle of Man |
Death rate | 5.36 deaths/1,000 population (2006 est.) | 11.26 deaths/1,000 population (2005 est.) |
Debt - external | $9.758 billion (2005 est.) | $NA |
Dependency status | - | British crown dependency |
Diplomatic representation from the US | chief of mission: Ambassador William A. EATON
embassy: Avenida Balboa and Calle 37, Apartado Postal 0816-02561, Zona 5, Panama City 5 mailing address: American Embassy Panama, Unit 0945, APO AA 34002 telephone: [507] 207-7000 FAX: [507] 227-1964 |
none (British crown dependency) |
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 |
none (British crown dependency) |
Disputes - international | organized illegal narcotics operations in Colombia operate within the border region with Panama | none |
Economic aid - recipient | $197.1 million (1995) | NA |
Economy - overview | Panama's dollarised economy rests primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in the Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-03; growth picked up in 2004 and 2005 led by export-oriented services and a construction boom stimulated by tax incentives. The government has implemented tax reforms, as well as social security reforms, and backs regional trade agreements and development of tourism. Unemployment remains high. | Offshore banking, manufacturing, and tourism are key sectors of the economy. The government's policy of offering incentives to high-technology companies and financial institutions to locate on the island has paid off in expanding employment opportunities in high-income industries. As a result, agriculture and fishing, once the mainstays of the economy, have declined in their shares of GDP. Trade is mostly with the UK. The Isle of Man enjoys free access to EU markets. |
Electricity - consumption | 4.87 billion kWh (2003) | - |
Electricity - exports | 175 million kWh (2003) | - |
Electricity - imports | 25 million kWh (2003) | - |
Electricity - production | 5.398 billion kWh (2003) | - |
Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m |
lowest point: Irish Sea 0 m
highest point: Snaefell 621 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 | waste disposal (both household and industrial); transboundary air 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 |
- |
Ethnic groups | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% | Manx (Norse-Celtic descent), Briton |
Exchange rates | balboas per US dollar - 1 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001) | Manx pounds per US dollar - 0.5462 (2004), 0.6125 (2003), 0.6672 (2002), 0.6947 (2001), 0.6609 (2000) |
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 (eligible for two more 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: Lord of Mann Queen ELIZABETH II (since 6 February 1952), represented by Lieutenant Governor Ian MACFADYEN (since 26 October 2002)
head of government: Chief Minister Donald GELLING (since 14 December 2004) cabinet: Council of Ministers elections: the monarch is hereditary; lieutenant governor appointed by the monarch for a five-year term; the Chief Minister is elected by the Tynwald; election last held 14 December 2004 (next to be held December 2010) election results: Donald GELLING elected chief minister by the Tynwald; note - Richard CORKILL resigned 2 December 2004 |
Exports | NA bbl/day | $NA |
Exports - commodities | bananas, shrimp, sugar, coffee, clothing | tweeds, herring, processed shellfish, beef, lamb |
Exports - partners | US 44.9%, Spain 8.9%, Sweden 5.6%, Netherlands 4.9%, Costa Rica 4% (2005) | UK (2000) |
Fiscal year | calendar year | 1 April - 31 March |
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 | red with the Three Legs of Man emblem (Trinacria), in the center; the three legs are joined at the thigh and bent at the knee; in order to have the toes pointing clockwise on both sides of the flag, a two-sided emblem is used |
GDP - composition by sector | agriculture: 6.8%
industry: 15.6% services: 77.6% (2005 est.) |
agriculture: 1%
industry: 13% services: 86% (2000 est.) |
GDP - per capita | - | purchasing power parity - $28,500 (2003 est.) |
GDP - real growth rate | 6.4% (2005 est.) | NA% |
Geographic coordinates | 9 00 N, 80 00 W | 54 15 N, 4 30 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 | one small islet, the Calf of Man, lies to the southwest, and is a bird sanctuary |
Highways | - | total: 800 km
paved: 800 km unpaved: 0 km (1999) |
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 bbl/day; note - imports oil | $NA |
Imports - commodities | capital goods, foodstuffs, consumer goods, chemicals | timber, fertilizers, fish |
Imports - partners | US 27.5%, Netherlands Antilles 11.4%, Costa Rica 4.7%, Japan 4.5% (2005) | UK (2000) |
Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | none (British crown dependency) |
Industrial production growth rate | 1.7% (2005 est.) | 3.2% (FY96/97) |
Industries | construction, brewing, cement and other construction materials, sugar milling | financial services, light manufacturing, tourism |
Infant mortality rate | total: 16.37 deaths/1,000 live births
male: 17.75 deaths/1,000 live births female: 14.92 deaths/1,000 live births (2006 est.) |
total: 5.93 deaths/1,000 live births
male: 6.93 deaths/1,000 live births female: 4.87 deaths/1,000 live births (2005 est.) |
Inflation rate (consumer prices) | 2.9% (2005 est.) | 3.6% (March 2003 est.) |
International organization participation | CAN (observer), CSN (observer), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, 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 | UPU |
Irrigated land | 430 sq km (2003) | 0 sq km (1998 est.) |
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 | High Court of Justice (justices are appointed by the Lord Chancellor of England on the nomination of the lieutenant governor) |
Labor force | 1.39 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2005 est.) |
39,690 (2001) |
Labor force - by occupation | agriculture: 20.8%
industry: 18% services: 61.2% (1995 est.) |
agriculture, forestry and fishing 3%, manufacturing 11%, construction 10%, transport and communication 8%, wholesale and retail distribution 11%, professional and scientific services 18%, public administration 6%, banking and finance 18%, tourism 2%, entertainment and catering 3%, miscellaneous services 10% |
Land boundaries | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
0 km |
Land use | arable land: 7.26%
permanent crops: 1.95% other: 90.79% (2005) |
arable land: 9%
permanent crops: 0% other: 91% (permanent pastures, forests, mountain, and heathland) (2002) |
Languages | Spanish (official), English 14%; note - many Panamanians bilingual | English, Manx Gaelic |
Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations | English common law and Manx statute |
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 Tynwald consists of the Legislative Council (an 11-member body composed of the President of Tynwald, the Lord Bishop of Sodor and Man, a nonvoting attorney general, and 8 others named by the House of Keys) and the House of Keys (24 seats; members are elected by popular vote to serve five-year terms)
elections: House of Keys - last held 22 November 2001 (next to be held November 2006) election results: House of Keys - percent of vote by party - Man Labor Party 17.3%, Alliance for Progressive Government 14.6%; seats by party - Man Labor Party 2, Alliance for Progressive Government 3, independents 19 |
Life expectancy at birth | total population: 75.22 years
male: 72.68 years female: 77.87 years (2006 est.) |
total population: 78.34 years
male: 74.98 years female: 81.87 years (2005 est.) |
Literacy | definition: age 15 and over can read and write
total population: 92.6% male: 93.2% female: 91.9% (2003 est.) |
definition: NA
total population: NA% male: NA% female: NA% |
Location | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | Western Europe, island in the Irish Sea, between Great Britain and Ireland |
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
exclusive fishing zone: 12 nm |
Merchant marine | total: 5,473 ships (1000 GRT or over) 146,511,342 GRT/219,940,567 DWT
by type: barge carrier 1, bulk carrier 1,776, cargo 992, chemical tanker 476, combination ore/oil 2, container 663, liquefied gas 193, livestock carrier 7, passenger 49, passenger/cargo 77, petroleum tanker 518, refrigerated cargo 299, roll on/roll off 123, specialized tanker 23, vehicle carrier 274 foreign-owned: 4,922 (Anguilla 1, Argentina 9, Australia 3, Bahamas, The 2, Belgium 11, Bermuda 1, Bulgaria 1, Canada 4, Chile 9, China 420, Colombia 5, Croatia 5, Cuba 11, Cyprus 14, Denmark 34, Egypt 16, Estonia 3, France 15, Gabon 1, Germany 35, Greece 524, Hong Kong 169, India 19, Indonesia 50, Iran 4, Ireland 2, Israel 6, Italy 15, Japan 2007, Jordan 13, South Korea ( ( (291, Kuwait 2, Latvia 3, Lebanon 2, Lithuania 5, Malaysia 13, Maldives 1, Malta 3, Mexico 5, Monaco 9, Morocco 1, Netherlands 21, Nigeria 7, Norway 66, Pakistan 3, Peru 15, Philippines 13, Poland 15, Portugal 10, Qatar 1, Romania 9, Russia 7, Saudi Arabia 8, Singapore 67, South Africa 3, Spain 53, Sri Lanka 5, Sudan 1, Sweden 5, Switzerland 226, Syria 18, Taiwan 308, Thailand 9, Trinidad and Tobago 1, Turkey 42, UAE 105, UK 37, Ukraine 8, US 94, Venezuela 14, Vietnam 4, Yemen 3) registered in other countries: 1 (Venezuela 1) (2006) |
total: 267 ships (1,000 GRT or over) 6,834,626 GRT/11,354,689 DWT
by type: bulk carrier 31, cargo 54, chemical tanker 45, combination ore/oil 1, container 15, liquefied gas 46, passenger/cargo 2, petroleum tanker 53, refrigerated cargo 4, roll on/roll off 10, specialized tanker 1, vehicle carrier 5 foreign-owned: 253 (Australia 1, Bahamas 8, Denmark 39, France 2, Germany 55, Greece 20, Hong Kong 3, Italy 7, Japan 4, Netherlands 2, New Zealand 1, Norway 18, Singapore 2, Sweden 1, Turkey 2, United Kingdom 86, United States 2) registered in other countries: 9 (2005) |
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" | defense is the responsibility of the UK |
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 | $150 million (2005 est.) | - |
Military expenditures - percent of GDP | 1% (2005 est.) | - |
National holiday | Independence Day, 3 November (1903) | Tynwald Day, 5 July |
Nationality | noun: Panamanian(s)
adjective: Panamanian |
noun: Manxman (men), Manxwoman (women)
adjective: Manx |
Natural hazards | occasional severe storms and forest fires in the Darien area | NA |
Natural resources | copper, mahogany forests, shrimp, hydropower | none |
Net migration rate | -0.4 migrant(s)/1,000 population (2006 est.) | 5.33 migrant(s)/1,000 population (2005 est.) |
Political parties and leaders | Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Hugo GUIRAUD]; National Liberal Party or PLN [Anibal GALINDO]; Nationalist Republican Liberal Movement or MOLIRENA [Jesus ROSAS]; Panamenista Party or PA (formerly the Arnulfista Party) [Marco AMEGLIO]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ricardo ARIAS Calderon]; Solidarity Party or PS [Jose Raul MULINO] | Man Labor Party [leader NA]; Alliance for Progressive Government [leader NA]; Man Nationalist Party [leader NA]
note: most members sit as independents |
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 | none |
Population | 3,191,319 (July 2006 est.) | 75,049 (July 2005 est.) |
Population below poverty line | 37% (1999 est.) | NA |
Population growth rate | 1.6% (2006 est.) | 0.52% (2005 est.) |
Ports and harbors | - | Castletown, Douglas, Ramsey |
Radio broadcast stations | AM 101, FM 134, shortwave 0 (1998) | AM 1, FM 1, shortwave 0 (1998) |
Railways | total: 355 km
standard gauge: 77 km 1.435-m gauge narrow gauge: 278 km 0.914-m gauge (2005) |
total: 61 km (35 km electrified) (2003) |
Religions | Roman Catholic 85%, Protestant 15% | Anglican, Roman Catholic, Methodist, Baptist, Presbyterian, Society of Friends |
Sex ratio | at birth: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female 15-64 years: 1.03 male(s)/female 65 years and over: 0.88 male(s)/female total population: 1.02 male(s)/female (2006 est.) |
at birth: 1.05 male(s)/female
under 15 years: 1.05 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.67 male(s)/female total population: 0.95 male(s)/female (2005 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: NA
domestic: landline, telefax, mobile cellular telephone system international: fiber-optic cable, microwave radio relay, satellite earth station, submarine cable |
Telephones - main lines in use | 440,100 (2005) | 51,000 (1999) |
Telephones - mobile cellular | 1.352 million (2005) | NA |
Television broadcast stations | 38 (including repeaters) (1998) | 0 (receives broadcasts from the UK and satellite) (1999) |
Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | hills in north and south bisected by central valley |
Total fertility rate | 2.68 children born/woman (2006 est.) | 1.65 children born/woman (2005 est.) |
Unemployment rate | 9.8% (2005 est.) | 0.6% (2004 est.) |
Waterways | 800 km (includes 82 km Panama Canal) (2005) | - |