Compare Panama (2008) - Greece (2006)

Compare Panama (2008) z Greece (2006)

	Panama (2008)	Greece (2006)

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	51 prefectures (nomoi, singular - nomos) and 1 autonomous region; Achaia, Agion Oros (Mt. Athos), Aitolia kai Akarnania, Argolis, Arkadia, Arta, Attiki, Chalkidiki, Chanion, Chios, Dodekanisos, Drama, Evros, Evrytania, Evvoia, Florina, Fokidos, Fthiotis, Grevena, Ileia, Imathia, Ioannina, Irakleion, Karditsa, Kastoria, Kavala, Kefallinia, Kerkyra, Kilkis, Korinthia, Kozani, Kyklades, Lakonia, Larisa, Lasithi, Lefkas, Lesvos, Magnisia, Messinia, Pella, Pieria, Preveza, Rethynnis, Rodopi, Samos, Serrai, Thesprotia, Thessaloniki, Trikala, Voiotia, Xanthi, Zakynthos
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: 14.3% (male 790,291/female 742,902) 15-64 years: 66.7% (male 3,562,251/female 3,566,097) 65 years and over: 19% (male 891,620/female 1,134,897) (2006 est.)
Agriculture - products	bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp	wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products
Airports	116 (2007)	82 (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)	total: 66 over 3,047 m: 5 2,438 to 3,047 m: 16 1,524 to 2,437 m: 19 914 to 1,523 m: 17 under 914 m: 9 (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)	total: 16 914 to 1,523 m: 3 under 914 m: 13 (2006)
Area	total: 78,200 sq km land: 75,990 sq km water: 2,210 sq km	total: 131,940 sq km land: 130,800 sq km water: 1,140 sq km
Area - comparative	slightly smaller than South Carolina	slightly smaller than Alabama
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.	Greece achieved independence from the Ottoman Empire in 1829. During the second half of the 19th century and the first half of the 20th century, it gradually added neighboring islands and territories, most with Greek-speaking populations. In World War II, Greece was first invaded by Italy (1940) and subsequently occupied by Germany (1941-44); fighting endured in a protracted civil war between supporters of the king and Communist rebels. Following the latter's defeat in 1949, Greece joined NATO in 1952. A military dictatorship, which in 1967 suspended many political liberties and forced the king to flee the country, lasted seven years. The 1974 democratic elections and a referendum created a parliamentary republic and abolished the monarchy. In 1981 Greece joined the EC (now the EU); it became the 12th member of the euro zone in 2001.
Birth rate	21.45 births/1,000 population (2007 est.)	9.68 births/1,000 population (2006 est.)
Budget	revenues: $5.206 billion expenditures: $5.089 billion (2007 est.)	revenues: $94.13 billion expenditures: $103.4 billion; including capital expenditures of $NA (2005 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: Athens geographic coordinates: 37 59 N, 23 44 E time difference: UTC+2 (7 hours ahead of Washington, DC during Standard Time) daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Climate	tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)	temperate; mild, wet winters; hot, dry summers
Coastline	2,490 km	13,676 km
Constitution	11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004	11 June 1975; amended March 1986 and April 2001
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: Hellenic Republic conventional short form: Greece local long form: Elliniki Dhimokratia local short form: Ellas or Ellada former: Kingdom of Greece
Death rate	5.44 deaths/1,000 population (2007 est.)	10.24 deaths/1,000 population (2006 est.)
Debt - external	$10.56 billion (31 December 2007 est.)	$75.18 billion (2005 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 Charles P. RIES embassy: 91 Vasilisis Sophias Avenue, 10160 Athens mailing address: PSC 108, APO AE 09842-0108 telephone: [30] (210) 721-2951 FAX: [30] (210) 645-6282 consulate(s) general: Thessaloniki
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 Alexandros P. MALLIAS chancery: 2221 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 939-1300 FAX: [1] (202) 939-1324 consulate(s) general: Boston, Chicago, Los Angeles, New York, San Francisco, Tampa consulate(s): Atlanta, Houston, New Orleans
Disputes - international	organized illegal narcotics operations in Colombia operate within the remote border region with Panama	Greece and Turkey continue discussions to resolve their complex maritime, air, territorial, and boundary disputes in the Aegean Sea; Cyprus question with Turkey; Greece rejects the use of the name Macedonia or Republic of Macedonia
Economic aid - recipient	$19.54 million (2005)	$8 billion from EU (2000-06)
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.	Greece has a capitalist economy with the public sector accounting for about 40% of GDP and with per capita GDP at least 75% of the leading euro-zone economies. Tourism provides 15% of GDP. Immigrants make up nearly one-fifth of the work force, mainly in menial jobs. Greece is a major beneficiary of EU aid, equal to about 3.3% of annual GDP. The Greek economy grew by about 4.0% for the between 2003 and 2005, largely because of an investment boom and infrastructure upgrades for the 2004 Athens Olympic Games. Economic growth slowed to about 3% in 2005. Greece has not met the EU's Growth and Stability Pact budget deficit criteria of 3% of GDP since 2000. Public debt, inflation, and unemployment are above the euro-zone average. To overcome these challenges, the Greek Government is expected to continue cutting government spending, reducing the size of the public sector, and reforming the labor and pension systems.
Electricity - consumption	4.735 billion kWh (2005)	53.5 billion kWh (2005 est.)
Electricity - exports	51 million kWh (2005)	2.1 billion kWh (2002)
Electricity - imports	55 million kWh (2005)	4.2 billion kWh (2002)
Electricity - production	5.661 billion kWh (2005)	54.56 billion kWh (2003)
Elevation extremes	lowest point: Pacific Ocean 0 m highest point: Volcan Baru 3,475 m	lowest point: Mediterranean Sea 0 m highest point: Mount Olympus 2,917 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; water pollution
Environment - international agreements	party to: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Marine Life Conservation	party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 94, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Air Pollution-Volatile Organic Compounds
Ethnic groups	mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6%	Greek 98%, Turkish and other 2% note: the Greek Government states there are no ethnic divisions in Greece
Exchange rates	balboas per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003)	euros per US dollar - 0.8041 (2005), 0.8054 (2004), 0.886 (2003), 1.0626 (2002), 1.1175 (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) 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: President Karolos PAPOULIAS (since 12 March 2005) head of government: Prime Minister Konstandinos (Kostas) KARAMANLIS (since 7 March 2004) cabinet: Cabinet appointed by the president on the recommendation of the prime minister elections: president elected by parliament for a five-year term (eligible for a second term); election last held 8 February 2005 (next to be held by February 2010); according to the Greek Constitution, presidents may only serve two terms; president appoints leader of the party securing plurality of vote in election to become prime minister and form a government election results: Karolos PAPOULIAS elected president; number of parlimentary votes, 279 out of 300
Exports	4,140 bbl/day (2004)	84,720 bbl/day (2001)
Exports - commodities	bananas, shrimp, sugar, coffee, clothing	food and beverages, manufactured goods, petroleum products, chemicals, textiles
Exports - partners	US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006)	Germany 12.4%, Italy 10.4%, UK 6.7%, Bulgaria 5.9%, US 5.3%, Cyprus 5.2%, Turkey 5.1%, France 4.2% (2005)
Fiscal year	calendar year	calendar year
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	nine equal horizontal stripes of blue alternating with white; there is a blue square in the upper hoist-side corner bearing a white cross; the cross symbolizes Greek Orthodoxy, the established religion of the country
GDP - composition by sector	agriculture: 6.8% industry: 16.2% services: 77% (2007 est.)	agriculture: 5.4% industry: 21.3% services: 73.3% (2005 est.)
GDP - real growth rate	7.8% (2007 est.)	3.7% (2005 est.)
Geographic coordinates	9 00 N, 80 00 W	39 00 N, 22 00 E
Geography - note	strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean	strategic location dominating the Aegean Sea and southern approach to Turkish Straits; a peninsular country, possessing an archipelago of about 2,000 islands
Heliports	2 (2007)	8 (2006)
Household income or consumption by percentage share	lowest 10%: 0.7% highest 10%: 43% (2003)	lowest 10%: 3% highest 10%: 28.3% (1998 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	a gateway to Europe for traffickers smuggling cannabis and heroin from the Middle East and Southwest Asia to the West and precursor chemicals to the East; some South American cocaine transits or is consumed in Greece; money laundering related to drug trafficking and organized crime
Imports	92,170 bbl/day (2004)	468,300 bbl/day (2001)
Imports - commodities	capital goods, foodstuffs, consumer goods, chemicals	machinery, transport equipment, fuels, chemicals
Imports - partners	US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006)	Germany 12.7%, Italy 12.4%, Russia 7.8%, France 5.7%, Netherlands 5.5%, Saudi Arabia 4.1% (2005)
Independence	3 November 1903 (from Colombia; became independent from Spain 28 November 1821)	1829 (from the Ottoman Empire)
Industrial production growth rate	7.8% (2007 est.)	-0.3% (2005 est.)
Industries	construction, brewing, cement and other construction materials, sugar milling	tourism, food and tobacco processing, textiles, chemicals, metal products; mining, petroleum
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: 5.43 deaths/1,000 live births male: 5.97 deaths/1,000 live births female: 4.86 deaths/1,000 live births (2006 est.)
Inflation rate (consumer prices)	5.1% (2007 est.)	3.5% (2005 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	Australia Group, BIS, BSEC, CE, CERN, EAPC, EBRD, EIB, EMU, EU, FAO, G- 6, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITU, MIGA, MINURSO, NAM (guest), NATO, NEA, NSG, OAS (observer), OECD, OIF, OPCW, OSCE, PCA, SECI, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNHCR, UNIDO, UNMEE, UNMIS, UNOMIG, UPU, WCO, WEU, WFTU, WHO, WIPO, WMO, WToO, WTO, ZC
Irrigated land	430 sq km (2003)	14,530 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 Judicial Court; Special Supreme Tribunal; all judges appointed for life by the president after consultation with a judicial council
Labor force	1.471 million note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.)	4.72 million (2005 est.)
Labor force - by occupation	agriculture: 15% industry: 18% services: 67% (2006 est.)	agriculture: 12% industry: 20% services: 68% (2004 est.)
Land boundaries	total: 555 km border countries: Colombia 225 km, Costa Rica 330 km	total: 1,228 km border countries: Albania 282 km, Bulgaria 494 km, Turkey 206 km, Macedonia 246 km
Land use	arable land: 7.26% permanent crops: 1.95% other: 90.79% (2005)	arable land: 20.45% permanent crops: 8.59% other: 70.96% (2005)
Languages	Spanish (official), English 14%; note - many Panamanians bilingual	Greek 99% (official), English, French
Legal system	based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations	based on codified Roman law; judiciary divided into civil, criminal, and administrative courts; accepts compulsory ICJ jurisdiction, with reservations
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	unicameral Parliament or Vouli ton Ellinon (300 seats; members are elected by direct popular vote to serve four-year terms) elections: elections last held 7 March 2004 (next to be held by March 2008) election results: percent of vote by party - ND 45.4%, PASOK 40.6%, KKE 5.9%, Synaspismos 3.3%; seats by party - ND 165, PASOK 117, KKE 12, Synaspismos 6
Life expectancy at birth	total population: 75.19 years male: 72.69 years female: 77.8 years (2007 est.)	total population: 79.24 years male: 76.72 years female: 81.91 years (2006 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: 97.5% male: 98.6% female: 96.5% (2003 est.)
Location	Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica	Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey
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	territorial sea: 12 nm continental shelf: 200-m depth or to the depth of exploitation
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: 817 ships (1000 GRT or over) 31,895,832 GRT/54,341,584 DWT by type: bulk carrier 270, cargo 61, chemical tanker 47, container 47, liquefied gas 5, passenger 11, passenger/cargo 114, petroleum tanker 244, roll on/roll off 17, specialized tanker 1 foreign-owned: 24 (Belgium 12, Cyprus 1, Hong Kong 1, UK 9, US 1) registered in other countries: 2,363 (Bahamas 232, Barbados 11, Belgium 4, Belize 2, Bermuda 2, Cambodia 8, Cayman Islands 21, Comoros 10, Cyprus 337, Denmark 5, Dominica 5, Egypt 6, Georgia 8, Gibraltar 7, Honduras 3, Hong Kong 27, Isle of Man 45, Italy 6, Jamaica 6, North Korea 1, Lebanon 3, Liberia 267, Malta 495, Marshall Islands 199, Norway 1, Panama 524, Philippines 5, Portugal 4, Russia 1, Saint Kitts and Nevis 1, Saint Vincent and the Grenadines 82, Sao Tome and Principe 1, Singapore 9, Slovakia 4, UAE 2, UK 7, Uruguay 1, US 1, Venezuela 3, unknown 7) (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)	Hellenic Army (Ellinikos Stratos, ES), Hellenic Navy (Ellinikos Polemiko Navtiko, EPN), Hellenic Air Force (Elliniki Polimiki Aeroporia, EPA) (2006)
Military expenditures - dollar figure	-	$5.89 billion (2004)
Military expenditures - percent of GDP	1% (2006)	4.3% (2003)
National holiday	Independence Day, 3 November (1903)	Independence Day, 25 March (1821)
Nationality	noun: Panamanian(s) adjective: Panamanian	noun: Greek(s) adjective: Greek
Natural hazards	occasional severe storms and forest fires in the Darien area	severe earthquakes
Natural resources	copper, mahogany forests, shrimp, hydropower	lignite, petroleum, iron ore, bauxite, lead, zinc, nickel, magnesite, marble, salt, hydropower potential
Net migration rate	-0.37 migrant(s)/1,000 population (2007 est.)	2.34 migrant(s)/1,000 population (2006 est.)
People - note	-	women, men, and children are trafficked to and within Greece for the purposes of sexual exploitation and forced labor
Pipelines	-	gas 1,166 km; oil 94 km (2006)
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)	Coalition of the Left and Progress (Synaspismos) [Alekos ALAVANOS]; Communist Party of Greece or KKE [Aleka PAPARIGA]; New Democracy or ND (conservative) [Konstandinos KARAMANLIS]; Panhellenic Socialist Movement or PASOK [Yiorgos PAPANDREOU]; Popular Orthodox Rally or LAOS [Yeoryios KARATZAFERIS]
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	General Confederation of Greek Workers or GSEE [Khristos POLYZOGOPOULOS]; Federation of Greek Industries or SEV [Odysseas KYRIAKOPOULOS]; Civil Servants Confederation or ADEDY [Spyros PAPASPYROS]
Population	3,242,173 (July 2007 est.)	10,688,058 (July 2006 est.)
Population below poverty line	37% (1999 est.)	NA%
Population growth rate	1.564% (2007 est.)	0.18% (2006 est.)
Radio broadcast stations	AM 101, FM 134, shortwave 0 (1998)	AM 26, FM 88, shortwave 4 (1998)
Railways	total: 355 km standard gauge: 77 km 1.435-m gauge narrow gauge: 278 km 0.914-m gauge (2006)	total: 2,571 km standard gauge: 1,565 km 1.435-m gauge (764 km electrified) narrow gauge: 961 km 1.000-m gauge; 22 km 0.750-m gauge dual gauge: 23 km combined 1.435 m and 1.000-m gauges (three rail system) (2005)
Religions	Roman Catholic 85%, Protestant 15%	Greek Orthodox 98%, Muslim 1.3%, other 0.7%
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: 1.06 male(s)/female under 15 years: 1.06 male(s)/female 15-64 years: 1 male(s)/female 65 years and over: 0.79 male(s)/female total population: 0.96 male(s)/female (2006 est.)
Suffrage	18 years of age; universal and compulsory	18 years of age; universal and compulsory
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	general assessment: adequate, modern networks reach all areas; good mobile telephone and international service domestic: microwave radio relay trunk system; extensive open-wire connections; submarine cable to offshore islands international: country code - 30; tropospheric scatter; 8 submarine cables; satellite earth stations - 2 Intelsat (1 Atlantic Ocean and 1 Indian Ocean), 1 Eutelsat, and 1 Inmarsat (Indian Ocean region)
Telephones - main lines in use	432,900 (2006)	6.303 million (2005)
Telephones - mobile cellular	1.694 million (2005)	10.043 million (2005)
Television broadcast stations	38 (including repeaters) (1998)	36 (plus 1,341 low-power repeaters); also two stations in the US Armed Forces Radio and Television Service (1995)
Terrain	interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills	mostly mountains with ranges extending into the sea as peninsulas or chains of islands
Total fertility rate	2.66 children born/woman (2007 est.)	1.34 children born/woman (2006 est.)
Unemployment rate	7.2% (2007 est.)	9.9% (2005 est.)
Waterways	800 km (includes 82 km Panama Canal) (2007)	6 km note: Corinth Canal (6 km) crosses the Isthmus of Corinth; shortens sea voyage by 325 km (2006)

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