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Compare Panama (2007) - Bermuda (2007)

Compare Panama (2007) z Bermuda (2007)

 Panama (2007)Bermuda (2007)
 PanamaBermuda
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 parishes and 2 municipalities*; Devonshire, Hamilton, Hamilton*, Paget, Pembroke, Saint George*, Saint George's, Sandys, Smith's, Southampton, Warwick
Age structure 0-14 years: 30% (male 496,195/female 476,508)


15-64 years: 63.6% (male 1,044,139/female 1,016,805)


65 years and over: 6.4% (male 97,365/female 111,161) (2007 est.)
0-14 years: 18.3% (male 6,094/female 6,014)


15-64 years: 69.2% (male 22,696/female 23,094)


65 years and over: 12.5% (male 3,597/female 4,668) (2007 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp bananas, vegetables, citrus, flowers; dairy products, honey
Airports 116 (2007) 1 (2007)
Airports - with paved runways total: 54


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: 29 (2007)
total: 1


2,438 to 3,047 m: 1 (2007)
Airports - with unpaved runways total: 62


1,524 to 2,437 m: 1


914 to 1,523 m: 11


under 914 m: 50 (2007)
-
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 53.3 sq km


land: 53.3 sq km


water: 0 sq km
Area - comparative slightly smaller than South Carolina about one-third 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 transferred 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. Bermuda was first settled in 1609 by shipwrecked English colonists headed for Virginia. Tourism to the island to escape North American winters first developed in Victorian times. Tourism continues to be important to the island's economy, although international business has overtaken it in recent years. Bermuda has developed into a highly successful offshore financial center. Although a referendum on independence from the UK was soundly defeated in 1995, the present government has reopened debate on the issue.
Birth rate 21.45 births/1,000 population (2007 est.) 11.26 births/1,000 population (2007 est.)
Budget revenues: $4.283 billion


expenditures: $4.195 billion (2006 est.)
revenues: $738 million


expenditures: $665 million (FY04/05)
Capital name: Panama


geographic coordinates: 8 58 N, 79 32 W


time difference: UTC-5 (same time as Washington, DC during Standard Time)
name: Hamilton


geographic coordinates: 32 17 N, 64 47 W


time difference: UTC-4 (1 hour ahead of Washington, DC during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) subtropical; mild, humid; gales, strong winds common in winter
Coastline 2,490 km 103 km
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 8 June 1968; amended 1989 and 2003
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: Bermuda


former: Somers Islands
Death rate 5.44 deaths/1,000 population (2007 est.) 7.84 deaths/1,000 population (2007 est.)
Debt - external $9.972 billion (2006 est.) $160 million (FY99/00)
Dependency status - overseas territory of the UK
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
chief of mission: Consul General Gregory W. SLAYTON


consulate(s) general: Crown Hill, 16 Middle Road, Devonshire DVO3


mailing address: P. O. Box HM325, Hamilton HMBX; American Consulate General Hamilton, US Department of State, 5300 Hamilton Place, Washington, DC 20520-5300


telephone: [1] (441) 295-1342


FAX: [1] (441) 295-1592, [1] (441) 296-9233
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 (overseas territory of the UK)
Disputes - international organized illegal narcotics operations in Colombia operate within the remote border region with Panama none
Economic aid - recipient $19.54 million (2005) $NA (2004)
Economy - overview Panama's dollarized 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 2004-06 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. In October 2006, voters passed a referendum to expand the Panama Canal to accommodate ships that are now too large to transverse the transoceanic crossway. Not a CAFTA signatory, Panama in December 2006 independently negotiated a free trade agreement with the US, which, when implemented, will help promote the country's economic growth. Bermuda enjoys the highest per capita income in the world, more than 50% higher than that of the US. Its economy is primarily based on providing financial services for international business and luxury facilities for tourists. A number of reinsurance companies relocated to the island following the 11 September 2001 attacks and again after Hurricane Katrina in August 2005, contributing to the expansion of an already robust international business sector. Bermuda's tourism industry - which derives over 80% of its visitors from the US - continues to struggle but remains the island's number two industry. Most capital equipment and food must be imported. Bermuda's industrial sector is small, although construction continues to be important; the average cost of a house in June 2003 had risen to $976,000. Agriculture is limited with only 20% of the land being arable.
Electricity - consumption 4.735 billion kWh (2005) 574.8 million kWh (2005)
Electricity - exports 51 million kWh (2005) 0 kWh (2005)
Electricity - imports 55 million kWh (2005) 0 kWh (2005)
Electricity - production 5.661 billion kWh (2005) 618 million kWh (2005)
Elevation extremes lowest point: Pacific Ocean 0 m


highest point: Volcan Baru 3,475 m
lowest point: Atlantic Ocean 0 m


highest point: Town Hill 76 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 sustainable development
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% black 54.8%, white 34.1%, mixed 6.4%, other races 4.3%, unspecified 0.4% (2000 census)
Exchange rates balboas per US dollar - 1 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002) Bermudian dollar per US dollar - 1.0000 (fixed rate pegged to the US dollar)
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)


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 on 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: Queen ELIZABETH II (since 6 February 1952); represented by Acting Governor Mark CAPES (since 12 October 2007)


head of government: Premier Ewart BROWN (since 30 October 2006); Deputy Premier Paula COX


cabinet: Cabinet nominated by the premier, appointed by the governor


elections: none; the monarch is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or the leader of the majority coalition is usually appointed premier by the governor
Exports NA bbl/day 0 bbl/day (2005)
Exports - commodities bananas, shrimp, sugar, coffee, clothing reexports of pharmaceuticals
Exports - partners US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) Spain 31.6%, UK 16.6%, Brazil 9.6%, Sweden 7.9% (2006)
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 flag of the UK in the upper hoist-side quadrant and the Bermudian coat of arms (white and green shield with a red lion holding a scrolled shield showing the sinking of the ship Sea Venture off Bermuda in 1609) centered on the outer half of the flag
GDP - composition by sector agriculture: 7.3%


industry: 16.5%


services: 76.3% (2006 est.)
agriculture: 1%


industry: 10%


services: 89% (2002 est.)
GDP - real growth rate 8.1% (2006 est.) 4.6% (2004 est.)
Geographic coordinates 9 00 N, 80 00 W 32 20 N, 64 45 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 consists of about 138 coral islands and islets with ample rainfall, but no rivers or freshwater lakes; some land was leased by US Government from 1941 to 1995
Heliports 2 (2007) -
Household income or consumption by percentage share lowest 10%: 0.7%


highest 10%: 43% (2003)
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 NA bbl/day
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals clothing, fuels, machinery and transport equipment, construction materials, chemicals, food and live animals
Imports - partners US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) US 71.8%, Venezuela 6.9%, Canada 6.6% (2006)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) none (overseas territory of the UK)
Industrial production growth rate 3% (2006 est.) NA%
Industries construction, brewing, cement and other construction materials, sugar milling international business, tourism, light manufacturing
Infant mortality rate total: 15.96 deaths/1,000 live births


male: 17.33 deaths/1,000 live births


female: 14.54 deaths/1,000 live births (2007 est.)
total: 8.08 deaths/1,000 live births


male: 9.58 deaths/1,000 live births


female: 6.56 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 1.1% (2006 est.) 2.8% (November 2005)
International organization participation CAN (observer), CSN (observer), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO Caricom (associate), Interpol (subbureau), IOC, ITUC, UPU, WCO
Irrigated land 430 sq km (2003) NA
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; Court of Appeal; Magistrate Courts
Labor force 1.439 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2006 est.)
38,360 (2004)
Labor force - by occupation agriculture: 20.8%


industry: 18%


services: 61.2% (1995 est.)
agriculture and fishing 3%, laborers 17%, clerical 19%, professional and technical 21%, administrative and managerial 15%, sales 7%, services 19% (2004 est.)
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: 20%


permanent crops: 0%


other: 80% (55% developed, 45% rural/open space) (2005)
Languages Spanish (official), English 14%; note - many Panamanians bilingual English (official), Portuguese
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 law
Legislative branch unicameral National 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 41, PA 17, PS 9, MOLIRENA 4, CD 3, PLN 3, PP 1


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 Parliament consists of the Senate (11 seats; members appointed by the governor, the premier, and the opposition) and the House of Assembly (36 seats; members are elected by popular vote to serve up to five-year terms)


elections: last general election held 24 July 2003 (next to be held not later than July 2008)


election results: percent of vote by party - PLP 51.7%, UBP 48%; seats by party - PLP 22, UBP 14
Life expectancy at birth total population: 75.19 years


male: 72.69 years


female: 77.8 years (2007 est.)
total population: 78.13 years


male: 76 years


female: 80.29 years (2007 est.)
Literacy definition: age 15 and over can read and write


total population: 91.9%


male: 92.5%


female: 91.2% (2000 census)
definition: age 15 and over can read and write


total population: 98%


male: 98%


female: 99% (2005 est.)
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica North America, group of islands in the North Atlantic Ocean, east of South Carolina (US)
Map references Central America and the Caribbean North America
Maritime claims territorial sea: 12 nm


contiguous zone: 24 nm


exclusive economic zone: 200 nm or edge of continental margin
territorial sea: 12 nm


exclusive fishing zone: 200 nm
Merchant marine total: 5,764 ships (1000 GRT or over) 159,649,801 GRT/240,190,316 DWT


by type: barge carrier 2, bulk carrier 1,940, cargo 1,034, carrier 3, chemical tanker 507, combination ore/oil 6, container 710, liquefied gas 191, livestock carrier 7, passenger 46, passenger/cargo 72, petroleum tanker 522, refrigerated cargo 288, roll on/roll off 129, specialized tanker 22, vehicle carrier 285


foreign-owned: 4,949 (Albania 1, Argentina 8, Australia 4, Bahamas 2, Bangladesh 1, Belgium 11, Bulgaria 1, Canada 17, Chile 8, China 473, Colombia 4, Croatia 6, Cuba 11, Cyprus 15, Denmark 32, Dominican Republic 1, Ecuador 2, Egypt 13, Estonia 3, France 15, Gabon 1, Germany 38, Greece 505, Hong Kong 137, India 25, Indonesia 37, Iran 4, Ireland 1, Israel 2, Italy 10, Jamaica 1, Japan 2,151, Jordan 11, South Korea 316, Kuwait 1, Latvia 5, Lebanon 3, Lithuania 5, Malaysia 14, Maldives 1, Malta 2, Mexico 4, Monaco 11, Netherlands 14, Nigeria 6, Norway 60, Oman 1, Pakistan 5, Peru 15, Philippines 12, Poland 15, Portugal 9, Qatar 1, Romania 8, Russia 9, Saudi Arabia 14, Singapore 83, Spain 61, Sri Lanka 3, Sweden 9, Switzerland 26, Syria 24, Taiwan 306, Thailand 10, Turkey 53, Turks and Caicos Islands 1, Ukraine 8, UAE 108, UK 35, US 115, Venezuela 10, Vietnam 10, Yemen 5)


registered in other countries: 1 (Venezuela 1) (2007)
total: 133 ships (1000 GRT or over) 8,366,999 GRT/8,615,385 DWT


by type: bulk carrier 24, container 22, liquefied gas 30, passenger 23, passenger/cargo 5, petroleum tanker 15, refrigerated cargo 10, roll on/roll off 4


foreign-owned: 126 (Australia 4, Belgium 3, China 10, France 1, Germany 21, Greece 3, Hong Kong 4, Ireland 1, Israel 3, Japan 1, Nigeria 11, Norway 5, Singapore 1, Sweden 15, UK 20, US 23)


registered in other countries: 50 (Bahamas 12, Croatia 2, Marshall Islands 5, Philippines 31) (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" 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) no regular military forces; Bermuda Police Service, Bermuda Reserve Constabulary, Bermuda Regiment
Military expenditures - percent of GDP 1% (2006) 0.11% (2005 est.)
National holiday Independence Day, 3 November (1903) Bermuda Day, 24 May
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Bermudian(s)


adjective: Bermudian
Natural hazards occasional severe storms and forest fires in the Darien area hurricanes (June to November)
Natural resources copper, mahogany forests, shrimp, hydropower limestone, pleasant climate fostering tourism
Net migration rate -0.37 migrant(s)/1,000 population (2007 est.) 2.34 migrant(s)/1,000 population (2007 est.)
Political parties and leaders Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Hugo GUIRAUD]; Liberal Party or PLN [Joaquin F. Franco VASQUEZ]; Nationalist Republican Liberal Movement or MOLIRENA [Gisela CHUNG]; Panamenista Party or PA [Juan Carlos VARELA] (formerly the Arnulfista Party); Patriotic Union Party or PUP [Jose Raul MULINO and Anibal GALINDO]; Popular Party or PP [Rene ORILLAC] (formerly Christian Democratic Party or PDC); Solidarity Party or PS Progressive Labor Party or PLP [Ewart BROWN]; United Bermuda Party or UBP [Wayne FURBERT]
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 Bermuda Employer's Union [Eddie SAINTS]; Bermuda Industrial Union or BIU [Derrick BURGESS]; Bermuda Public Services Union or BPSU [Ed BALL]; Bermuda Union of Teachers [Michael CHARLES]
Population 3,242,173 (July 2007 est.) 66,163 (July 2007 est.)
Population below poverty line 37% (1999 est.) 19% (2000)
Population growth rate 1.564% (2007 est.) 0.576% (2007 est.)
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 5, FM 3, shortwave 0 (2005)
Railways total: 355 km


standard gauge: 77 km 1.435-m gauge


narrow gauge: 278 km 0.914-m gauge (2006)
-
Religions Roman Catholic 85%, Protestant 15% Anglican 23%, Roman Catholic 15%, African Methodist Episcopal 11%, other Protestant 18%, other 12%, unaffiliated 6%, unspecified 1%, none 14% (2000 census)
Sex ratio at birth: 1.05 male(s)/female


under 15 years: 1.041 male(s)/female


15-64 years: 1.027 male(s)/female


65 years and over: 0.876 male(s)/female


total population: 1.021 male(s)/female (2007 est.)
at birth: 1.02 male(s)/female


under 15 years: 1.013 male(s)/female


15-64 years: 0.983 male(s)/female


65 years and over: 0.771 male(s)/female


total population: 0.959 male(s)/female (2007 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: good


domestic: fully automatic digital telephone system; fiber-optic trunk lines


international: country code - 1-441; landing point for the Atlantica-1 telecommunications submarine cable that extends from the US to Brazil; satellite earth stations - 3 (2007)
Telephones - main lines in use 432,900 (2006) 57,700 (2006)
Telephones - mobile cellular 1.694 million (2005) 60,100 (2006)
Television broadcast stations 38 (including repeaters) (1998) 3 (2005)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills low hills separated by fertile depressions
Total fertility rate 2.66 children born/woman (2007 est.) 1.88 children born/woman (2007 est.)
Unemployment rate 8.8% (2006 est.) 2.1% (2004 est.)
Waterways 800 km (includes 82 km Panama Canal) (2007) -
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