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Compare Panama (2008) - Micronesia, Federated States of (2008)

Compare Panama (2008) z Micronesia, Federated States of (2008)

 Panama (2008)Micronesia, Federated States of (2008)
 PanamaMicronesia, Federated States of
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 4 states; Chuuk (Truk), Kosrae (Kosaie), Pohnpei (Ponape), Yap
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: 35.9% (male 19,726/female 19,011)


15-64 years: 61.2% (male 32,891/female 33,071)


65 years and over: 2.9% (male 1,379/female 1,784) (2007 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp black pepper, tropical fruits and vegetables, coconuts, bananas, cassava (tapioca), sakau (kava), betel nuts, sweet potatoes; pigs, chickens; fish
Airports 116 (2007) 6 (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: 6


1,524 to 2,437 m: 4


914 to 1,523 m: 2 (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: 702 sq km


land: 702 sq km


water: 0 sq km (fresh water only)


note: includes Pohnpei (Ponape), Chuuk (Truk) Islands, Yap Islands, and Kosrae (Kosaie)
Area - comparative slightly smaller than South Carolina four times the size of Washington, DC (land area only)
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. In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the US, which was amended and renewed in 2004. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid.
Birth rate 21.45 births/1,000 population (2007 est.) 24.14 births/1,000 population (2007 est.)
Budget revenues: $5.206 billion


expenditures: $5.089 billion (2007 est.)
revenues: $127.3 million ($69 million less grants)


expenditures: $144.2 million (FY05 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: Palikir


geographic coordinates: 6 55 N, 158 09 E


time difference: UTC+11 (16 hours ahead of Washington, DC during Standard Time)
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) tropical; heavy year-round rainfall, especially in the eastern islands; located on southern edge of the typhoon belt with occasionally severe damage
Coastline 2,490 km 6,112 km
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 10 May 1979
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: Federated States of Micronesia


conventional short form: none


local long form: Federated States of Micronesia


local short form: none


former: Trust Territory of the Pacific Islands, Ponape, Truk, and Yap Districts


abbreviation: FSM
Death rate 5.44 deaths/1,000 population (2007 est.) 4.66 deaths/1,000 population (2007 est.)
Debt - external $10.56 billion (31 December 2007 est.) $60.8 million (FY05 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 Miriam K. HUGHES


embassy: 101 Upper Pics Road, Kolonia


mailing address: P. O. Box 1286, Kolonia, Pohnpei, 96941


telephone: [691] 320-2187


FAX: [691] 320-2186
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 Jesse Bibiano MAREHALAU


chancery: 1725 N Street NW, Washington, DC 20036


telephone: [1] (202) 223-4383


FAX: [1] (202) 223-4391


consulate(s) general: Honolulu, Tamuning (Guam)
Disputes - international organized illegal narcotics operations in Colombia operate within the remote border region with Panama none
Economic aid - recipient $19.54 million (2005) $106.4 million


note: under terms of the Compact of Free Association, the US pledged $1.3 billion in grant aid during the period 1986-2001; the level of aid has been subsequently reduced (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. Economic activity consists primarily of subsistence farming and fishing. The islands have few mineral deposits worth exploiting, except for high-grade phosphate. The potential for a tourist industry exists, but the remote location, a lack of adequate facilities, and limited air connections hinder development. The Amended Compact of Free Association with the US guarantees the Federated States of Micronesia (FSM) millions of dollars in annual aid through 2023, and establishes a Trust Fund into which the US and the FSM make annual contributions in order to provide annual payouts to the FSM in perpetuity after 2023. The country's medium-term economic outlook appears fragile due not only to the reduction in US assistance but also to the current slow growth of the private sector.
Electricity - consumption 4.735 billion kWh (2005) 178.6 million kWh (2002)
Electricity - exports 51 million kWh (2005) 0 kWh (2002)
Electricity - imports 55 million kWh (2005) 0 kWh (2002)
Electricity - production 5.661 billion kWh (2005) 192 million kWh (2002)
Elevation extremes lowest point: Pacific Ocean 0 m


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


highest point: Dolohmwar (Totolom) 791 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 overfishing, climate change, 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: Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Hazardous Wastes, Law of the Sea, Ozone Layer Protection


signed, but not ratified: none of the selected agreements
Ethnic groups mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% Chuukese 48.8%, Pohnpeian 24.2%, Kosraean 6.2%, Yapese 5.2%, Yap outer islands 4.5%, Asian 1.8%, Polynesian 1.5%, other 6.4%, unknown 1.4% (2000 census)
Exchange rates balboas per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) the US dollar is used
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 Emmanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (11 May 2007) note - the president is both the chief of state and head of government


head of government: President Emmanuel MORI (since 11 May 2007); Vice President Alik L. ALIK (11 May 2007)


cabinet: Cabinet includes the vice president and the heads of the eight executive departments


elections: president and vice president elected by Congress from among the four senators at large for a four-year term (eligible for a second term); election last held 11 May 2007 (next to be held May 2011); note - a proposed constitutional amendment to establish popular elections for president and vice president failed


election results: Emmanuel MORI elected president; percent of Congress vote - NA; Alik L. ALIK elected vice president; percent of Congress vote - NA
Exports 4,140 bbl/day (2004) $14 million (f.o.b.) (2004 est.)
Exports - commodities bananas, shrimp, sugar, coffee, clothing fish, garments, bananas, black pepper, sakau (kava), betel nut
Exports - partners US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) Japan, US, Guam (2006)
Fiscal year calendar year 1 October - 30 September
Flag description divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center light blue with four white five-pointed stars centered; the stars are arranged in a diamond pattern
GDP - composition by sector agriculture: 6.8%


industry: 16.2%


services: 77% (2007 est.)
agriculture: 28.9%


industry: 15.2%


services: 55.9% (2004 est.)
GDP - real growth rate 7.8% (2007 est.) 0.3% (2005 est.)
Geographic coordinates 9 00 N, 80 00 W 6 55 N, 158 15 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 four major island groups totaling 607 islands
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 major consumer of cannabis
Imports 92,170 bbl/day (2004) $132.7 million f.o.b. (2004)
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals food, manufactured goods, machinery and equipment, beverages
Imports - partners US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) US, Japan, Hong Kong (2006)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 3 November 1986 (from the US-administered UN trusteeship)
Industrial production growth rate 7.8% (2007 est.) NA%
Industries construction, brewing, cement and other construction materials, sugar milling tourism, construction; fish processing, specialized aquaculture; craft items from shell, wood, and pearls
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: 28.15 deaths/1,000 live births


male: 31.08 deaths/1,000 live births


female: 25.08 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 5.1% (2007 est.) 2.2% (2005)
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 ACP, ADB, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFC, IFRCS, IMF, IOC, ITSO, ITU, MIGA, OPCW, PIF, Sparteca, SPC, UN, UNCTAD, UNESCO, WHO, WMO
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
Labor force 1.471 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.)
37,410 (2000)
Labor force - by occupation agriculture: 15%


industry: 18%


services: 67% (2006 est.)
agriculture: 0.9%


industry: 34.4%


services: 64.7%


note: two-thirds are government employees (FY05 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: 5.71%


permanent crops: 45.71%


other: 48.58% (2005)
Languages Spanish (official), English 14%; note - many Panamanians bilingual English (official and common language), Trukese, Pohnpeian, Yapese, Kosrean, Ulithian, Woleaian, Nukuoro, Kapingamarangi
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 adapted Trust Territory laws, acts of the legislature, municipal, common, and customary laws
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 Congress (14 seats; 4 - one elected from each state to serve four-year terms and 10 - elected from single-member districts delineated by population to serve two-year terms; members elected by popular vote)


elections: last held 6 March 2007 (next to be held in March 2009)


election results: percent of vote - NA%; seats - independents 14
Life expectancy at birth total population: 75.19 years


male: 72.69 years


female: 77.8 years (2007 est.)
total population: 70.35 years


male: 68.52 years


female: 72.28 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: 89%


male: 91%


female: 88% (1980 est.)
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica Oceania, island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia
Map references Central America and the Caribbean Oceania
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 economic 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: 3 ships (1000 GRT or over) 3,560 GRT/2,060 DWT


by type: cargo 1, passenger/cargo 2 (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 US
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 (2007)
Military expenditures - percent of GDP 1% (2006) -
National holiday Independence Day, 3 November (1903) Constitution Day, 10 May (1979)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: Micronesian(s)


adjective: Micronesian; Chuukese, Kosraen(s), Pohnpeian(s), Yapese
Natural hazards occasional severe storms and forest fires in the Darien area typhoons (June to December)
Natural resources copper, mahogany forests, shrimp, hydropower forests, marine products, deep-seabed minerals, phosphate
Net migration rate -0.37 migrant(s)/1,000 population (2007 est.) -21.02 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) no formal parties
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.) 107,862 (July 2007 est.)
Population below poverty line 37% (1999 est.) 26.7% (2000)
Population growth rate 1.564% (2007 est.) -0.154% (2007 est.)
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 5, FM 1, shortwave 0 (2004)
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% Roman Catholic 50%, Protestant 47%, other 3%
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.)
NA (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
general assessment: adequate system


domestic: islands interconnected by shortwave radiotelephone (used mostly for government purposes), satellite (Intelsat) ground stations, and some coaxial and fiber-optic cable; cellular service available on Kosrae, Pohnpei, and Yap


international: country code - 691; satellite earth stations - 5 Intelsat (Pacific Ocean) (2002)
Telephones - main lines in use 432,900 (2006) 12,400 (2005)
Telephones - mobile cellular 1.694 million (2005) 14,100 (2005)
Television broadcast stations 38 (including repeaters) (1998) 3 (cable TV also available) (2004)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills islands vary geologically from high mountainous islands to low, coral atolls; volcanic outcroppings on Pohnpei, Kosrae, and Chuuk
Total fertility rate 2.66 children born/woman (2007 est.) 3.07 children born/woman (2007 est.)
Unemployment rate 7.2% (2007 est.) 22% (2000 est.)
Waterways 800 km (includes 82 km Panama Canal) (2007) -
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