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Compare Panama (2008) - European Union (2008)
Compare Panama (2008) z European Union (2008)
| Panama (2008) | European Union (2008) | |
 |  | |
| 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 | - |
| 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: 15.72% (male 37,208,905/female 35,254,445)
15-64 years: 67.16% (male 155,807,769/female 153,690,235) 65 years and over: 17.11% (male 32,592,595/female 46,273,197) (2007 est.) |
| Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | wheat, barley, oilseeds, sugar beets, wine, grapes; dairy products, cattle, sheep, pigs, poultry; fish |
| Airports | 116 (2007) | 3,393 (2006) |
| 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) |
2,020 (2006) |
| Airports - with unpaved runways | total: 62
1,524 to 2,437 m: 1 914 to 1,523 m: 11 under 914 m: 50 (2007) |
1,373 (2006) |
| Area | total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
total: 4,324,782 sq km |
| Area - comparative | slightly smaller than South Carolina | less than one-half the size of the US |
| 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. | Following the two devastating World Wars of the first half of the 20th century, a number of European leaders in the late 1940s became convinced that the only way to establish a lasting peace was to unite the two chief belligerent nations - France and Germany - both economically and politically. In 1950, the French Foreign Minister Robert SCHUMAN proposed an eventual union of all Europe, the first step of which would be the integration of the coal and steel industries of Western Europe. The following year the European Coal and Steel Community (ECSC) was set up when six members, Belgium, France, West Germany, Italy, Luxembourg, and the Netherlands, signed the Treaty of Paris.
The ECSC was so successful that within a few years the decision was made to integrate other parts of the countries' economies. In 1957, the Treaties of Rome created the European Economic Community (EEC) and the European Atomic Energy Community (Euratom), and the six member states undertook to eliminate trade barriers among themselves by forming a common market. In 1967, the institutions of all three communities were formally merged into the European Community (EC), creating a single Commission, a single Council of Ministers, and the European Parliament. Members of the European Parliament were initially selected by national parliaments, but in 1979 the first direct elections were undertaken and they have been held every five years since. In 1973, the first enlargement of the EC took place with the addition of Denmark, Ireland, and the United Kingdom. The 1980s saw further membership expansion with Greece joining in 1981 and Spain and Portugal in 1986. The 1992 Treaty of Maastricht laid the basis for further forms of cooperation in foreign and defense policy, in judicial and internal affairs, and in the creation of an economic and monetary union - including a common currency. This further integration created the European Union (EU). In 1995, Austria, Finland, and Sweden joined the EU, raising the membership total to 15. A new currency, the euro, was launched in world money markets on 1 January 1999; it became the unit of exchange for all of the EU states except the United Kingdom, Sweden, and Denmark. In 2002, citizens of the 12 euro-area countries began using the euro banknotes and coins. Ten new countries joined the EU in 2004 - Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia, and Slovenia - and in 2007 Bulgaria and Romania joined, bringing the current membership to 27. In order to ensure that the EU can continue to function efficiently with an expanded membership, the Treaty of Nice (in force as of 1 February 2003) set forth rules streamlining the size and procedures of EU institutions. An effort to establish an EU constitution, begun in October 2004, failed to attain unanimous ratification. A new effort, undertaken in June 2007, calls for the creation of an Intergovernmental Conference to form a political agreement, known as the Reform Treaty, which is to serve as a constitution. Unlike the constitution, however, the Reform Treaty would amend existing treaties rather than replace them. |
| Birth rate | 21.45 births/1,000 population (2007 est.) | 10 births/1,000 population (2007 est.) |
| Budget | revenues: $5.206 billion
expenditures: $5.089 billion (2007 est.) |
- |
| Capital | name: Panama
geographic coordinates: 8 58 N, 79 32 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
name: Brussels (Belgium), Strasbourg (France), Luxembourg
geographic coordinates: 50 50 N, 4 20 E time difference: UTC+1 (6 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October note: the Council of the European Union meets in Brussels, Belgium, the European Parliament meets in Brussels and Strasbourg, France, and the Court of Justice of the European Communities meets in Luxembourg |
| Climate | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) | cold temperate; potentially subarctic in the north to temperate; mild wet winters; hot dry summers in the south |
| Coastline | 2,490 km | 65,992.9 km |
| Constitution | 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 | based on a series of treaties: the Treaty of Paris, which set up the European Coal and Steel Community (ECSC) in 1951; the Treaties of Rome, which set up the European Economic Community (EEC) and the European Atomic Energy Community (Euratom) in 1957; the Single European Act in 1986; the Treaty on European Union (Maastricht) in 1992; the Treaty of Amsterdam in 1997; and the Treaty of Nice in 2003; note - a new draft Constitutional Treaty, signed on 29 October 2004 in Rome, gave member states two years for ratification either by parliamentary vote or national referendum before it was scheduled to take effect on 1 November 2006; defeat in French and Dutch referenda in May-June 2005 dealt a severe setback to the ratification process; in June 2007, the European Council agreed on a clear and concise mandate for an Intergovernmental Conference to form a political agreement and put it into legal form; this agreement, known as the Reform Treaty, is to serve as a constitution and will be presented to the European Council in October 2007, in order to begin the ratification process |
| Country name | conventional long form: Republic of Panama
conventional short form: Panama local long form: Republica de Panama local short form: Panama |
- |
| Death rate | 5.44 deaths/1,000 population (2007 est.) | 10 deaths/1,000 population (2007 est.) |
| Debt - external | $10.56 billion (31 December 2007 est.) | - |
| Diplomatic representation from the US | chief of mission: Ambassador William A. EATON
embassy: Edificio 783, Avenida Demetrio Basilio Lakas Panama, 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 C. Boyden GRAY
embassy: 13 Zinnerstraat/Rue Zinner, B-1000 Brussels mailing address: same as above telephone: [32] (2) 508-2222 FAX: [32] (2) 512-5720 |
| 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 John BRUTON
chancery: 2300 M Street, NW, Washington, DC 20037 telephone: [1] (202) 862-9500 FAX: [1] (202) 429-1766 |
| Disputes - international | organized illegal narcotics operations in Colombia operate within the remote border region with Panama | as a political union, the EU has no border disputes with neighboring countries, but Estonia has no land boundary agreements with Russia, Slovenia disputes its land and maritime boundaries with Croatia, and Spain has territorial and maritime disputes with Morocco and with the UK over Gibraltar; the EU has set up a Schengen area - consisting of 22 EU member states that have signed the convention implementing the Schengen agreements or "acquis" (1985 and 1990) on the free movement of persons and the harmonization of border controls in Europe; these agreements became incorporated into EU law with the implementation of the 1997 Treaty of Amsterdam on 1 May 1999; in addition, non-EU states Iceland and Norway (as part of the Nordic Union) have been included in the Schengen area since 1996 (full members in 2001), bringing the total current membership to 24; the UK (since 2000) and Ireland (since 2002) take part in only some aspects of the Schengen area, especially with respect to police and criminal matters; nine of the 12 new member states that joined the EU in 2004 joined Schengen on 21 December 2007; of the three remaining EU states, Cyprus is expected to join by 2009, while Romania and Bulgaria continue to enhance their border security systems |
| Economic aid - recipient | $19.54 million (2005) | - |
| 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. Economic growth will be bolstered by the Panama Canal expansion project that began in 2007 and should be completed by 2014 at a cost of $5.3 billion (about 30% of current GDP). The expansion project will more than double the Canal's capacity, enabling it to accommodate ships that are now too large to transverse the transoceanic crossway and should help to reduce the high unemployment rate. The government has implemented tax reforms, as well as social security reforms, and backs regional trade agreements and development of tourism. 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. | Internally, the EU is attempting to lower trade barriers, adopt a common currency, and move toward convergence of living standards. Internationally, the EU aims to bolster Europe's trade position and its political and economic power. Because of the great differences in per capita income among member states (from $7,000 to $69,000) and historic national animosities, the EU faces difficulties in devising and enforcing common policies. For example, since 2003 Germany and France have flouted the member states' treaty obligation to prevent their national budgets from running more than a 3% deficit. In 2004 and 2007, the EU admitted 10 and two countries, respectively, that are, in general, less advanced technologically and economically than the other 15. Eleven established EU member states introduced the euro as their common currency on 1 January 1999 (Greece did so two years later), but the UK, Sweden, and Denmark chose not to participate. Of the 12 most recent member states, only Slovenia (1 January 2007) and Cyprus and Malta (1 January 2008) have adopted the euro; the remaining nine are legally required to adopt the currency upon meeting EU's fiscal and monetary convergence criteria. |
| Electricity - consumption | 4.735 billion kWh (2005) | 2.81 trillion kWh (2004 est.) |
| Electricity - exports | 51 million kWh (2005) | NA |
| Electricity - imports | 55 million kWh (2005) | NA |
| Electricity - production | 5.661 billion kWh (2005) | 3.007 trillion kWh (2004 est.) |
| Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan Baru 3,475 m |
lowest point: Lammefjord, Denmark -7 m; Zuidplaspolder, Netherlands -7 m
highest point: Mont Blanc 4,807 m; note - situated on the border between France and Italy |
| 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 | NA |
| 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, Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulphur 94, Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection, Tropical Timber 82, Tropical Timber 94
signed but not ratified: Air Pollution-Volatile Organic Compounds |
| Ethnic groups | mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% | - |
| Exchange rates | balboas per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) | euros per US dollar - 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.886 (2003) |
| 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 union: President of the European Commission Jose Manuel DURAO BARROSO (since 22 November 2004)
cabinet: European Commission (composed of 27 members, one from each member country; each commissioner responsible for one or more policy areas) elections: the president of the European Commission is designated by member governments and is confirmed by the European Parliament; working from member state recommendations, the Commission president then assembles a "college" of Commission members; the European Parliament confirms the entire Commission for a five-year term; the last confirmation process was held 18 November 2004 (next to be held in 2009) election results: European Parliament approved the European Commission by an approval vote of 449 to 149 with 82 abstentions note: the European Council brings together heads of state and government and the president of the European Commission and meets at least four times a year; its aim is to provide the impetus for the major political issues relating to European integration and to issue general policy guidelines |
| Exports | 4,140 bbl/day (2004) | 6.971 million bbl/day (2001) |
| Exports - commodities | bananas, shrimp, sugar, coffee, clothing | machinery, motor vehicles, aircraft, plastics, pharmaceuticals and other chemicals, fuels, iron and steel, nonferrous metals, wood pulp and paper products, textiles, meat, dairy products, fish, alcoholic beverages. |
| Exports - partners | US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) | US 23.3%, Switzerland 7.6%, Russia 5.2%, China 4.8% (2006) |
| Fiscal year | calendar year | NA |
| 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 | on a blue field, 12 five-pointed gold stars arranged in a circle, representing the union of the peoples of Europe; the number of stars is fixed |
| GDP - composition by sector | agriculture: 6.8%
industry: 16.2% services: 77% (2007 est.) |
agriculture: 2%
industry: 27.1% services: 70.7% (2006 est.) |
| GDP - real growth rate | 7.8% (2007 est.) | 3% (2007 est.) |
| Geographic coordinates | 9 00 N, 80 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 | - |
| Heliports | 2 (2007) | 100 (2007) |
| Household income or consumption by percentage share | lowest 10%: 0.7%
highest 10%: 43% (2003) |
lowest 10%: 2.8%
highest 10%: 25.2% (2001 est.) |
| Illicit drugs | major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem | - |
| Imports | 92,170 bbl/day (2004) | 17.76 million bbl/day (2001) |
| Imports - commodities | capital goods, foodstuffs, consumer goods, chemicals | machinery, vehicles, aircraft, plastics, crude oil, chemicals, textiles, metals, foodstuffs, clothing |
| Imports - partners | US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) | US 13.8%, China 13.4%, Russia 8.2%, Japan 6.2% (2006) |
| Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | 7 February 1992 (Maastricht Treaty signed establishing the EU); 1 November 1993 (Maastricht Treaty entered into force) |
| Industrial production growth rate | 7.8% (2007 est.) | 2.6% (2006 est.) |
| Industries | construction, brewing, cement and other construction materials, sugar milling | among the world's largest and most technologically advanced, the European Union industrial base includes: ferrous and non-ferrous metal production and processing, metal products, petroleum, coal, cement, chemicals, pharmaceuticals, aerospace, rail transportation equipment, passenger and commercial vehicles, construction equipment, industrial equipment, shipbuilding, electrical power equipment, machine tools and automated manufacturing systems, electronics and telecommunications equipment, fishing, food and beverage processing, furniture, paper, textiles, tourism |
| 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: 4.8 deaths/1,000 live births
male: 5.3 deaths/1,000 live births female: 4.3 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 5.1% (2007 est.) | 1.8% (2006 est.) |
| International organization participation | BCIE, 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, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO | European Union: ARF (dialogue member), ASEAN (dialogue member), IDA, OAS (observer), UN (observer)
European Community: Australian Group, CBSS, CERN, FAO, EBRD, G-10, NAM (observer), NSG (observer), OECD, UNRWA, WCO, WTO, ZC (observer) European Central Bank: BIS European Investment Bank: EBRD, WADB (nonregional member) |
| Irrigated land | 430 sq km (2003) | 168,050 sq km (2003 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 | Court of Justice of the European Communities (ensures that the treaties are interpreted and applied uniformly throughout the EU; resolve constitutional issues among the EU institutions) - 27 justices (one from each member state) appointed for a six-year term; note - for the sake of efficiency, the court can sit with 13 justices known as the "Grand Chamber"; Court of First Instance - 27 justices appointed for a six-year term |
| Labor force | 1.471 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.) |
222.4 million (2006 est.) |
| Labor force - by occupation | agriculture: 15%
industry: 18% services: 67% (2006 est.) |
agriculture: 4.4%
industry: 27.1% services: 67.1% note: the remainder is in miscellaneous public and private sector industries and services (2002 est.) |
| Land boundaries | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
total: 12,440.8 km
border countries: Albania 282 km, Andorra 120.3 km, Belarus 1,050 km, Croatia 999 km, Holy See 3.2 km, Liechtenstein 34.9 km, Macedonia 394 km, Moldova 450 km, Monaco 4.4 km, Norway 2,348 km, Russia 2,257 km, San Marino 39 km, Serbia 945 km, Switzerland 1,811 km, Turkey 446 km, Ukraine 1,257 km note: data for European Continent only |
| Land use | arable land: 7.26%
permanent crops: 1.95% other: 90.79% (2005) |
arable land: NA%
permanent crops: NA% other: NA% |
| Languages | Spanish (official), English 14%; note - many Panamanians bilingual | Bulgarian, Czech, Danish, Dutch, English, Estonian, Finnish, French, Gaelic, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovene, Spanish, Swedish
note: only official languages are listed; German, the major language of Germany, Austria, and Switzerland, is the most widely spoken mother tongue - over 19% of the EU population; English is the most widely spoken language - about 49% of the EU population is conversant with it (2007) |
| Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations | comparable to the legal systems of member states; first supranational law system |
| 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 |
two legislative bodies consists of the Council of the European Union (27 member-state ministers having 345 votes; the number of votes is roughly proportional to member-states' population; note - the Council is the main decision-making body of the EU) and the European Parliament (785 seats, as of 1 January 2007; seats allocated among member states by proportion to population; members elected by direct universal suffrage for a five-year term)
elections: last held 10-13 June 2004 (next to be held June 2009) election results: percent of vote - NA; seats by party - EPP-ED 268, PES 202, ALDE 88, Greens/EFA 42, EUL/NGL 41, IND/DEM 36, UEN 27, independents 28; note - seats by party as of 1 December 2007 - EPP-ED 275, PES 217, ALDE 104, UEN 44, Greens/EFA 42, EUL/NGL 41, IND/DEM 24, independents 34, 4 unaccounted for |
| Life expectancy at birth | total population: 75.19 years
male: 72.69 years female: 77.8 years (2007 est.) |
total population: 78.7 years
male: 75.6 years female: 82 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) |
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| Location | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | Europe between the North Atlantic Ocean in the west and Russia, Belarus, and Ukraine to the east |
| Map references | Central America and the Caribbean | Europe |
| Maritime claims | territorial sea: 12 nm
contiguous zone: 24 nm exclusive economic zone: 200 nm or edge of continental margin |
NA |
| 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) |
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| 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" | In November 2004, the EU heads of government signed a "Treaty Establishing a Constitution for Europe" that offers possibilities for increased defense and security cooperation. If ratified, this treaty will give operational effect to the European Security and Defense Policy (ESDP), approved in the 2000 Nice Treaty. Despite limits of cooperation for some EU members, development of a EU military planning unit is likely to continue. The planning unit will support the EU Rapid Reaction Force, which EU ministers have said will deploy 2 "battle groups" in January 2007. France, Germany, Belgium, Netherlands, Luxembourg, and Italy continue to press for wider coordination. The 5-nation Eurocorps - created in 1992 by France, Germany, Belgium, Spain, and Luxembourg - has already deployed troops and police on peacekeeping missions to Bosnia-Herzegovina, Macedonia, and the Democratic Republic of the Congo and assumed command of the ISAF in Afghanistan in August 2004. Eurocorps directly commands the 5,000-man Franco-German Brigade, the Multinational Command Support Brigade, and EUFOR, which took over from SFOR in Bosnia in December 2004. Individual EU nations made commitments to provide 67,100 troops following the December 1999 EU summit in Helsinki. Some 56,000 troops from EU member states were actually deployed on various international operations in 2003. In August 2004, the new European Defense Agency, tasked with promoting cooperative European defense capabilities, began operations. In November 2004, the EU Council of Ministers formally committed to creating 13 1,500-man battle groups by the end of 2007, to respond to international crises on a rotating basis. Twenty-two of the EU's 25 nations have agreed to supply troops. France, Italy, and the UK formed the first of 3 battle groups in 2005. In May 2005, Norway, Sweden and Finland agreed to establish one of the battle groups, possibly to include Estonia forces. The remaining 9 groups are to be formed in 2007. A rapid-reaction naval EU Maritime Task Group was stood up in March 2007. (2005) |
| 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 - percent of GDP | 1% (2006) | - |
| National holiday | Independence Day, 3 November (1903) | Europe Day 9 May (1950); note - a Union-wide holiday, the day that Robert SCHUMAN proposed the creation of the European Coal and Steel Community to achieve an organized Europe |
| Nationality | noun: Panamanian(s)
adjective: Panamanian |
- |
| Natural hazards | occasional severe storms and forest fires in the Darien area | flooding along coasts; avalanches in mountainous area; earthquakes in the south; volcanic eruptions in Italy; periodic droughts in Spain; ice floes in the Baltic |
| Natural resources | copper, mahogany forests, shrimp, hydropower | iron ore, natural gas, petroleum, coal, copper, lead, zinc, bauxite, uranium, potash, salt, hydropower, arable land, timber, fish |
| Net migration rate | -0.37 migrant(s)/1,000 population (2007 est.) | 1.6 migrant(s)/1,000 population (2007 est.) |
| Political parties and leaders | Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Hugo GUIRAUD]; Nationalist Republican Liberal Movement or MOLIRENA [Gisela CHUNG]; Panamenista Party or PA [Juan Carlos VARELA] (formerly the Arnulfista Party); Patriotic Union Party or PU (combination of the Liberal National Party or PLN and the Solidarity Party or PS)[Jose Raul MULINO and Anibal GALINDO]; Popular Party or PP [Rene ORILLAC] (formerly Christian Democratic Party or PDC) | Confederal Group of the European United Left-Nordic Green Left or EUL/NGL [Francis WURTZ]; European People's Party-European Democrats or EPP-ED [Joseph DAUL]; Group of the Alliance of Liberals and Democrats for Europe or ALDE [Graham R. WATSON]; Group of Greens/European Free Alliance or Greens/EFA [Monica FRASSONI and Daniel Marc COHN-BENDIT]; Identity, Tradition, Sovereignty Group or ITS [Bruno GOLLNISCH]; Independence/Democracy Group or IND/DEM [Jens-Peter BONDE and Nigel FARAGE]; Socialist Group in the European Parliament or PES [Martin SCHULZ]; Union for Europe of the Nations Group or UEN [Brian CROWLEY and Cristiana MUSCARDINI] |
| 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 | 3,242,173 (July 2007 est.) | 490,426,060 (July 2007 est.) |
| Population below poverty line | 37% (1999 est.) | see individual country listings |
| Population growth rate | 1.564% (2007 est.) | 0.16% (2007 est.) |
| Radio broadcast stations | AM 101, FM 134, shortwave 0 (1998) | AM 930, FM 13,655, shortwave 71 (1998); note - sum of individual country radio broadcast stations; there is also a European-wide station (Euroradio) |
| Railways | total: 355 km
standard gauge: 77 km 1.435-m gauge narrow gauge: 278 km 0.914-m gauge (2006) |
total: 236,656 km
broad gauge: 28,240 km standard gauge: 200,532 km narrow gauge: 7,861 km other: 23 km (2006) |
| Religions | Roman Catholic 85%, Protestant 15% | Roman Catholic, Protestant, Orthodox, Muslim, Jewish |
| 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: NA
under 15 years: 1.06 male(s)/female 15-64 years: 1.01 male(s)/female 65 years and over: 0.69 male(s)/female total population: 0.96 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: combined fixed-line and mobile-cellular telephone density is approaching 70 telephones per 100 persons international: country code - 507; landing point for the Americas Region Caribbean Ring System (ARCOS-1), the MAYA-1, and PAN-AM submarine cable systems that together provide links to the US, and parts of the Caribbean, Central America, and South America; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System |
note - see individual country entries of member states |
| Telephones - main lines in use | 432,900 (2006) | 238 million (2005) |
| Telephones - mobile cellular | 1.694 million (2005) | 466 million (2005) |
| Television broadcast stations | 38 (including repeaters) (1998) | 2,700 (1995); note - sum of individual country television broadcast stations excluding repeaters; there is also a European-wide station (Eurovision) |
| Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | fairly flat along the Baltic and Atlantic coast; mountainous in the central and southern areas |
| Total fertility rate | 2.66 children born/woman (2007 est.) | 1.5 children born/woman (2007 est.) |
| Unemployment rate | 7.2% (2007 est.) | 8.5% (2006 est.) |
| Waterways | 800 km (includes 82 km Panama Canal) (2007) | 52,332 km (2006) |
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