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Compare Panama (2008) - United States (2008)

Compare Panama (2008) z United States (2008)

 Panama (2008)United States (2008)
 PanamaUnited States
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 50 states and 1 district*; Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia*, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
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: 20.2% (male 31,152,050/female 29,777,438)


15-64 years: 67.2% (male 100,995,752/female 101,365,035)


65 years and over: 12.6% (male 15,858,477/female 21,991,195) (2007 est.)
Agriculture - products bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp wheat, corn, other grains, fruits, vegetables, cotton; beef, pork, poultry, dairy products; fish; forest products
Airports 116 (2007) 14,947 (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: 5,143


over 3,047 m: 191


2,438 to 3,047 m: 224


1,524 to 2,437 m: 1,452


914 to 1,523 m: 2,323


under 914 m: 953 (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)
total: 9,804


2,438 to 3,047 m: 7


1,524 to 2,437 m: 153


914 to 1,523 m: 1,732


under 914 m: 7,912 (2007)
Area total: 78,200 sq km


land: 75,990 sq km


water: 2,210 sq km
total: 9,826,630 sq km


land: 9,161,923 sq km


water: 664,707 sq km


note: includes only the 50 states and District of Columbia
Area - comparative slightly smaller than South Carolina about half the size of Russia; about three-tenths the size of Africa; about half the size of South America (or slightly larger than Brazil); slightly larger than China; more than twice the size of the European Union
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. Britain's American colonies broke with the mother country in 1776 and were recognized as the new nation of the United States of America following the Treaty of Paris in 1783. During the 19th and 20th centuries, 37 new states were added to the original 13 as the nation expanded across the North American continent and acquired a number of overseas possessions. The two most traumatic experiences in the nation's history were the Civil War (1861-65) and the Great Depression of the 1930s. Buoyed by victories in World Wars I and II and the end of the Cold War in 1991, the US remains the world's most powerful nation state. The economy is marked by steady growth, low unemployment and inflation, and rapid advances in technology.
Birth rate 21.45 births/1,000 population (2007 est.) 14.16 births/1,000 population (2007 est.)
Budget revenues: $5.206 billion


expenditures: $5.089 billion (2007 est.)
revenues: $2.568 trillion


expenditures: $2.731 trillion (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: Washington, DC


geographic coordinates: 38 53 N, 77 02 W


time difference: UTC-5 (during Standard Time)


daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November


note: the US is divided into six time zones
Climate tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) mostly temperate, but tropical in Hawaii and Florida, arctic in Alaska, semiarid in the great plains west of the Mississippi River, and arid in the Great Basin of the southwest; low winter temperatures in the northwest are ameliorated occasionally in January and February by warm chinook winds from the eastern slopes of the Rocky Mountains
Coastline 2,490 km 19,924 km
Constitution 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 17 September 1787, effective 4 March 1789
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: United States of America


conventional short form: United States


abbreviation: US or USA
Death rate 5.44 deaths/1,000 population (2007 est.) 8.26 deaths/1,000 population (2007 est.)
Debt - external $10.56 billion (31 December 2007 est.) $12.25 trillion (30 June 2007)
Dependent areas - American Samoa, Baker Island, Guam, Howland Island, Jarvis Island, Johnston Atoll, Kingman Reef, Midway Islands, Navassa Island, Northern Mariana Islands, Palmyra Atoll, Puerto Rico, Virgin Islands, Wake Island


note: from 18 July 1947 until 1 October 1994, the US administered the Trust Territory of the Pacific Islands; it entered into a political relationship with all four political units: the Northern Mariana Islands is a commonwealth in political union with the US (effective 3 November 1986); the Republic of the Marshall Islands signed a Compact of Free Association with the US (effective 21 October 1986); the Federated States of Micronesia signed a Compact of Free Association with the US (effective 3 November 1986); Palau concluded a Compact of Free Association with the US (effective 1 October 1994)
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
-
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
-
Disputes - international organized illegal narcotics operations in Colombia operate within the remote border region with Panama the U.S. has intensified domestic security measures and is collaborating closely with its neighbors, Canada and Mexico, to monitor and control legal and illegal personnel, transport, and commodities across the international borders; abundant rainfall in recent years along much of the Mexico-US border region has ameliorated periodically strained water-sharing arrangements; 1990 Maritime Boundary Agreement in the Bering Sea still awaits Russian Duma ratification; managed maritime boundary disputes with Canada at Dixon Entrance, Beaufort Sea, Strait of Juan de Fuca, and around the disputed Machias Seal Island and North Rock; The Bahamas and US have not been able to agree on a maritime boundary; US Naval Base at Guantanamo Bay is leased from Cuba and only mutual agreement or US abandonment of the area can terminate the lease; Haiti claims US-administered Navassa Island; US has made no territorial claim in Antarctica (but has reserved the right to do so) and does not recognize the claims of any other states; Marshall Islands claims Wake Island; Tokelau included American Samoa's Swains Island among the islands listed in its 2006 draft constitution
Economic aid - donor - ODA, $6.9 billion (1997)
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. The US has the largest and most technologically powerful economy in the world, with a per capita GDP of $46,000. In this market-oriented economy, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, they face higher barriers to enter their rivals' home markets than foreign firms face entering US markets. US firms are at or near the forefront in technological advances, especially in computers and in medical, aerospace, and military equipment; their advantage has narrowed since the end of World War II. The onrush of technology largely explains the gradual development of a "two-tier labor market" in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. Since 1975, practically all the gains in household income have gone to the top 20% of households. The response to the terrorist attacks of 11 September 2001 showed the remarkable resilience of the economy. The war in March-April 2003 between a US-led coalition and Iraq, and the subsequent occupation of Iraq, required major shifts in national resources to the military. The rise in GDP in 2004-07 was undergirded by substantial gains in labor productivity. Hurricane Katrina caused extensive damage in the Gulf Coast region in August 2005, but had a small impact on overall GDP growth for the year. Soaring oil prices in 2005-2007 threatened inflation and unemployment, yet the economy continued to grow through year-end 2007. Imported oil accounts for about two-thirds of US consumption. Long-term problems include inadequate investment in economic infrastructure, rapidly rising medical and pension costs of an aging population, sizable trade and budget deficits, and stagnation of family income in the lower economic groups. The merchandise trade deficit reached a record $847 billion in 2007. Together, these problems caused a marked reduction in the value and status of the dollar worldwide in 2007.
Electricity - consumption 4.735 billion kWh (2005) 3.816 trillion kWh (2005)
Electricity - exports 51 million kWh (2005) 19.8 billion kWh (2005)
Electricity - imports 55 million kWh (2005) 44.53 billion kWh (2005)
Electricity - production 5.661 billion kWh (2005) 4.062 trillion kWh (2005)
Elevation extremes lowest point: Pacific Ocean 0 m


highest point: Volcan Baru 3,475 m
lowest point: Death Valley -86 m


highest point: Mount McKinley 6,198 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 resulting in acid rain in both the US and Canada; the US is the largest single emitter of carbon dioxide from the burning of fossil fuels; water pollution from runoff of pesticides and fertilizers; limited natural fresh water resources in much of the western part of the country require careful management; desertification
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, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Climate Change, Desertification, Endangered Species, Environmental Modification, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling


signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Air Pollution-Volatile Organic Compounds, Biodiversity, Climate Change-Kyoto Protocol, Hazardous Wastes
Ethnic groups mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% white 81.7%, black 12.9%, Asian 4.2%, Amerindian and Alaska native 1%, native Hawaiian and other Pacific islander 0.2% (2003 est.)


note: a separate listing for Hispanic is not included because the US Census Bureau considers Hispanic to mean a person of Latin American descent (including persons of Cuban, Mexican, or Puerto Rican origin) living in the US who may be of any race or ethnic group (white, black, Asian, etc.)
Exchange rates balboas per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) British pounds per US dollar: 0.4993 (2007), 0.5418 (2006), 0.5500 (2005), 0.5462 (2004), 0.6125 (2003)


Canadian dollars per US dollar: 1.0724 (2007), 1.1334 (2006), 1.2118 (2005), 1.3010 (2004), 1.4011 (2003)


Japanese yen per US dollar: 117.99 (2007), 116.18 (2006) 110.22 (2005), 108.19 (2004), 115.93 (2003)


euros per US dollar: 0.7345 (2007), 0.7964 (2006), 0.8041 (2005), 0.8054 (2004), 0.8860 (2003)


Chinese yuan per US dollar: 7.61 (2007), 7.97 (2006), 8.1943 (2005), 8.2768 (2004), 8.2770 (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 state: President George W. BUSH (since 20 January 2001); Vice President Richard B. CHENEY (since 20 January 2001); note - the president is both the chief of state and head of government


head of government: President George W. BUSH (since 20 January 2001); Vice President Richard B. CHENEY (since 20 January 2001)


cabinet: Cabinet appointed by the president with Senate approval


elections: president and vice president elected on the same ticket by a college of representatives who are elected directly from each state; president and vice president serve four-year terms (eligible for a second term); election last held 2 November 2004 (next to be held on 4 November 2008)


election results: George W. BUSH reelected president; percent of popular vote - George W. BUSH 50.9%, John KERRY 48.1%, other 1.0%
Exports 4,140 bbl/day (2004) 1.048 million bbl/day (2004)
Exports - commodities bananas, shrimp, sugar, coffee, clothing agricultural products (soybeans, fruit, corn) 9.2%, industrial supplies (organic chemicals) 26.8%, capital goods (transistors, aircraft, motor vehicle parts, computers, telecommunications equipment) 49.0%, consumer goods (automobiles, medicines) 15.0% (2003)
Exports - partners US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) Canada 22.2%, Mexico 12.9%, Japan 5.8%, China 5.3%, UK 4.4% (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 13 equal horizontal stripes of red (top and bottom) alternating with white; there is a blue rectangle in the upper hoist-side corner bearing 50 small, white, five-pointed stars arranged in nine offset horizontal rows of six stars (top and bottom) alternating with rows of five stars; the 50 stars represent the 50 states, the 13 stripes represent the 13 original colonies; known as Old Glory; the design and colors have been the basis for a number of other flags, including Chile, Liberia, Malaysia, and Puerto Rico
GDP - composition by sector agriculture: 6.8%


industry: 16.2%


services: 77% (2007 est.)
agriculture: 0.9%


industry: 20.6%


services: 78.5% (2007 est.)
GDP - real growth rate 7.8% (2007 est.) 2.2% (2007 est.)
Geographic coordinates 9 00 N, 80 00 W 38 00 N, 97 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 world's third-largest country by size (after Russia and Canada) and by population (after China and India); Mt. McKinley is highest point in North America and Death Valley the lowest point on the continent
Heliports 2 (2007) 146 (2007)
Household income or consumption by percentage share lowest 10%: 0.7%


highest 10%: 43% (2003)
lowest 10%: 2%


highest 10%: 30% (2007 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 world's largest consumer of cocaine, shipped from Colombia through Mexico and the Caribbean; consumer of ecstasy and of Mexican heroin, marijuana and methamphetamine; minor consumer of high-quality Southeast Asian heroin; illicit producer of cannabis, marijuana, depressants, stimulants, hallucinogens, and methamphetamine; money-laundering center
Imports 92,170 bbl/day (2004) 13.15 million bbl/day (2004)
Imports - commodities capital goods, foodstuffs, consumer goods, chemicals agricultural products 4.9%, industrial supplies 32.9% (crude oil 8.2%), capital goods 30.4% (computers, telecommunications equipment, motor vehicle parts, office machines, electric power machinery), consumer goods 31.8% (automobiles, clothing, medicines, furniture, toys) (2003)
Imports - partners US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) Canada 16%, China 15.9%, Mexico 10.4%, Japan 7.9%, Germany 4.8% (2006)
Independence 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) 4 July 1776 (from Great Britain)
Industrial production growth rate 7.8% (2007 est.) 0.5% (2007 est.)
Industries construction, brewing, cement and other construction materials, sugar milling leading industrial power in the world, highly diversified and technologically advanced; petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining
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: 6.37 deaths/1,000 live births


male: 7.02 deaths/1,000 live births


female: 5.68 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices) 5.1% (2007 est.) 2.7% (2007 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 ADB (nonregional members), AfDB, ANZUS, APEC, Arctic Council, ARF, ASEAN (dialogue partner), Australia Group, BIS, BSEC (observer), CBSS (observer), CE (observer), CERN (observer), CP, EAPC, EBRD, FAO, G-5, G-7, G-8, G-10, IADB, IAEA, IBRD, ICAO, ICC, ICCt (signatory), ICRM, IDA, IEA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, ISO, ITSO, ITU, ITUC, MIGA, MINUSTAH, NAFTA, NATO, NEA, NSG, OAS, OECD, OPCW, OSCE, Paris Club, PCA, PIF (partner), SAARC (observer), SECI (observer), SPC, UN, UN Security Council, UNCTAD, UNESCO, UNHCR, UNITAR, UNMEE, UNMIL, UNOMIG, UNRWA, UNTSO, UPU, WCL, WCO, WHO, WIPO, WMO, WTO, ZC
Irrigated land 430 sq km (2003) 223,850 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 Court (nine justices; nominated by the president and confirmed with the advice and consent of the Senate; appointed to serve for life); United States Courts of Appeal; United States District Courts; State and County Courts
Labor force 1.471 million


note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.)
153.1 million (includes unemployed) (2007 est.)
Labor force - by occupation agriculture: 15%


industry: 18%


services: 67% (2006 est.)
farming, forestry, and fishing 0.6%, manufacturing, extraction, transportation, and crafts 22.6%, managerial, professional, and technical 35.5%, sales and office 24.8%, other services 16.5%


note: figures exclude the unemployed (2007)
Land boundaries total: 555 km


border countries: Colombia 225 km, Costa Rica 330 km
total: 12,034 km


border countries: Canada 8,893 km (including 2,477 km with Alaska), Mexico 3,141 km


note: US Naval Base at Guantanamo Bay, Cuba is leased by the US and is part of Cuba; the base boundary is 28 km
Land use arable land: 7.26%


permanent crops: 1.95%


other: 90.79% (2005)
arable land: 18.01%


permanent crops: 0.21%


other: 81.78% (2005)
Languages Spanish (official), English 14%; note - many Panamanians bilingual English 82.1%, Spanish 10.7%, other Indo-European 3.8%, Asian and Pacific island 2.7%, other 0.7% (2000 census)


note: Hawaiian is an official language in the state of Hawaii
Legal system based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations federal court system based on English common law; each state has its own unique legal system, of which all but one (Louisiana, which is still influenced by the Napoleonic Code) is based on English common law; judicial review of legislative acts; has not accepted compulsory ICJ jurisdiction
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 Congress consists of the Senate (100 seats, 2 members are elected from each state by popular vote to serve six-year terms; one-third are elected every two years) and the House of Representatives (435 seats; members are directly elected by popular vote to serve two-year terms)


elections: Senate - last held 7 November 2006 (next to be held November 2008); House of Representatives - last held 7 November 2006 (next to be held November 2008)


election results: Senate - percent of vote by party - NA; seats by party - Democratic Party 49, Republican Party 49, independent 2; House of Representatives - percent of vote by party - NA; seats by party - Democratic Party 233, Republican Party 202
Life expectancy at birth total population: 75.19 years


male: 72.69 years


female: 77.8 years (2007 est.)
total population: 78 years


male: 75.15 years


female: 80.97 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: 99%


male: 99%


female: 99% (2003 est.)
Location Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica North America, bordering both the North Atlantic Ocean and the North Pacific Ocean, between Canada and Mexico
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


contiguous zone: 24 nm


exclusive economic zone: 200 nm


continental shelf: not specified
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: 446 ships (1000 GRT or over) 10,308,428 GRT/12,616,742 DWT


by type: barge carrier 6, bulk carrier 64, cargo 82, carrier 2, chemical tanker 20, container 82, passenger 20, passenger/cargo 60, petroleum tanker 59, refrigerated cargo 4, roll on/roll off 26, specialized tanker 1, vehicle carrier 20


foreign-owned: 67 (Australia 2, Canada 4, Denmark 29, Germany 6, Malaysia 4, Netherlands 1, Norway 4, Singapore 11, Sweden 5, UK 1)


registered in other countries: 785 (Antigua and Barbuda 8, Australia 5, Bahamas 162, Belize 3, Bermuda 23, Cambodia 6, Canada 3, Cayman Islands 41, Comoros 2, Cyprus 8, Ecuador 1, Greece 10, Honduras 1, Hong Kong 22, Ireland 2, Isle of Man 4, Italy 16, Liberia 103, South Korea 7, Luxembourg 3, Malta 11, Marshall Islands 129, Netherlands 13, Netherlands Antilles 1, Norway 18, Panama 115, Peru 1, Portugal 1, Puerto Rico 3, Russia 1, Singapore 17, Spain 9, St Vincent and The Grenadines 21, Sweden 1, Trinidad and Tobago 1, Tuvalu 1, UK 11, Vanuatu 1, unknown 4) (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" -
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) Army, Navy and Marine Corps, Air Force, and Coast Guard; note - Coast Guard administered in peacetime by the Department of Homeland Security, but in wartime reports to the Department of the Navy
Military expenditures - percent of GDP 1% (2006) 4.06% (2005 est.)
National holiday Independence Day, 3 November (1903) Independence Day, 4 July (1776)
Nationality noun: Panamanian(s)


adjective: Panamanian
noun: American(s)


adjective: American
Natural hazards occasional severe storms and forest fires in the Darien area tsunamis, volcanoes, and earthquake activity around Pacific Basin; hurricanes along the Atlantic and Gulf of Mexico coasts; tornadoes in the midwest and southeast; mud slides in California; forest fires in the west; flooding; permafrost in northern Alaska, a major impediment to development
Natural resources copper, mahogany forests, shrimp, hydropower coal, copper, lead, molybdenum, phosphates, uranium, bauxite, gold, iron, mercury, nickel, potash, silver, tungsten, zinc, petroleum, natural gas, timber
Net migration rate -0.37 migrant(s)/1,000 population (2007 est.) 3.05 migrant(s)/1,000 population (2007 est.)
Pipelines - petroleum products 244,620 km; natural gas 548,665 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) Democratic Party [Howard DEAN]; Green Party; Libertarian Party [William (Bill) REDPATH]; Republican Party [Robert M. (Mike) DUNCAN]
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 NA
Population 3,242,173 (July 2007 est.) 301,139,947 (July 2007 est.)
Population below poverty line 37% (1999 est.) 12% (2004 est.)
Population growth rate 1.564% (2007 est.) 0.894% (2007 est.)
Radio broadcast stations AM 101, FM 134, shortwave 0 (1998) AM 4,789, FM 8,961, shortwave 19 (2006)
Railways total: 355 km


standard gauge: 77 km 1.435-m gauge


narrow gauge: 278 km 0.914-m gauge (2006)
total: 226,612 km


standard gauge: 226,612 km 1.435-m gauge (2005)
Religions Roman Catholic 85%, Protestant 15% Protestant 51.3%, Roman Catholic 23.9%, Mormon 1.7%, other Christian 1.6%, Jewish 1.7%, Buddhist 0.7%, Muslim 0.6%, other or unspecified 2.5%, unaffiliated 12.1%, none 4% (2007 est.)
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: 1.05 male(s)/female


under 15 years: 1.046 male(s)/female


15-64 years: 0.996 male(s)/female


65 years and over: 0.721 male(s)/female


total population: 0.967 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
general assessment: a large, technologically advanced, multipurpose communications system


domestic: a large system of fiber-optic cable, microwave radio relay, coaxial cable, and domestic satellites carries every form of telephone traffic; a rapidly growing cellular system carries mobile telephone traffic throughout the country


international: country code - 1; multiple ocean cable systems provide international connectivity; satellite earth stations - 61 Intelsat (45 Atlantic Ocean and 16 Pacific Ocean), 5 Intersputnik (Atlantic Ocean region), and 4 Inmarsat (Pacific and Atlantic Ocean regions) (2000)
Telephones - main lines in use 432,900 (2006) 172 million (2006)
Telephones - mobile cellular 1.694 million (2005) 233 million (2006)
Television broadcast stations 38 (including repeaters) (1998) 2,218 (2006)
Terrain interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills vast central plain, mountains in west, hills and low mountains in east; rugged mountains and broad river valleys in Alaska; rugged, volcanic topography in Hawaii
Total fertility rate 2.66 children born/woman (2007 est.) 2.09 children born/woman (2007 est.)
Unemployment rate 7.2% (2007 est.) 4.6% (2007 est.)
Waterways 800 km (includes 82 km Panama Canal) (2007) 41,009 km (19,312 km used for commerce)


note: Saint Lawrence Seaway of 3,769 km, including the Saint Lawrence River of 3,058 km, shared with Canada (2007)
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