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Compare Panama (2008) - World (2008)
Compare Panama (2008) z World (2008)
| Panama (2008) | World (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 | 266 nations, dependent areas, and other entities |
| 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: 27.4% (male 931,551,498/female 875,646,416)
15-64 years: 65.1% (male 2,174,605,518/female 2,124,494,703) 65 years and over: 7.5% (male 217,451,123/female 278,474,917) (2007 est.) |
| Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | - |
| Airports | 116 (2007) | total airports - 49,024
top ten by passengers: Atlanta - 84,846,639; Chicago - 77,028,134; London - 67,530,197; Tokyo - 65,810,672; Los Angeles - 61,041,066; Dallas/Fort Worth - 60,226,138; Paris - 56,849,567; Frankfurt - 52,810,683; Beijing - 48,654,770; Denver - 47,325,016 top ten by cargo (metric tons): Memphis - 3,692,081; Hong Kong - 3,609,780; Anchorage - 2,691,395; Seoul - 2,336,572; Tokyo - 2,280,830; Shanghai - 2,168,122; Paris - 2,130,724; Frankfurt - 2,127,646; Louisville (US) - 1,983,032; Singapore - 1,931,881 (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) |
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| Airports - with unpaved runways | total: 62
1,524 to 2,437 m: 1 914 to 1,523 m: 11 under 914 m: 50 (2007) |
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| Area | total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
total: 510.072 million sq km
land: 148.94 million sq km water: 361.132 million sq km note: 70.8% of the world's surface is water, 29.2% is land |
| Area - comparative | slightly smaller than South Carolina | land area about 16 times 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. | Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the decline in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war). |
| Birth rate | 21.45 births/1,000 population (2007 est.) | 20.09 births/1,000 population (2007 est.) |
| Budget | revenues: $5.206 billion
expenditures: $5.089 billion (2007 est.) |
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| Capital | name: Panama
geographic coordinates: 8 58 N, 79 32 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
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| Climate | tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) | a wide equatorial band of hot and humid tropical climates - bordered north and south by subtropical temperate zones - that separate two large areas of cold and dry polar climates |
| Coastline | 2,490 km | 356,000 km
note: 94 nations and other entities are islands that border no other countries, they include: American Samoa, Anguilla, Antigua and Barbuda, Aruba, Ashmore and Cartier Islands, The Bahamas, Bahrain, Baker Island, Barbados, Bermuda, Bouvet Island, British Indian Ocean Territory, British Virgin Islands, Cape Verde, Cayman Islands, Christmas Island, Clipperton Island, Cocos (Keeling) Islands, Comoros, Cook Islands, Coral Sea Islands, Cuba, Cyprus, Dominica, Falkland Islands (Islas Malvinas), Faroe Islands, Fiji, French Polynesia, French Southern and Antarctic Lands, Greenland, Grenada, Guam, Guernsey, Heard Island and McDonald Islands, Howland Island, Iceland, Isle of Man, Jamaica, Jan Mayen, Japan, Jarvis Island, Jersey, Johnston Atoll, Kingman Reef, Kiribati, Madagascar, Maldives, Malta, Marshall Islands, Martinique, Mauritius, Mayotte, Federated States of Micronesia, Midway Islands, Montserrat, Nauru, Navassa Island, New Caledonia, New Zealand, Niue, Norfolk Island, Northern Mariana Islands, Palau, Palmyra Atoll, Paracel Islands, Philippines, Pitcairn Islands, Puerto Rico, Reunion, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, Sao Tome and Principe, Seychelles, Singapore, Solomon Islands, South Georgia and the South Sandwich Islands, Spratly Islands, Sri Lanka, Svalbard, Tokelau, Tonga, Trinidad and Tobago, Turks and Caicos Islands, Tuvalu, Vanuatu, Virgin Islands, Wake Island, Wallis and Futuna, Taiwan |
| Constitution | 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 | - |
| Country name | conventional long form: Republic of Panama
conventional short form: Panama local long form: Republica de Panama local short form: Panama |
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| Death rate | 5.44 deaths/1,000 population (2007 est.) | 8.37 deaths/1,000 population (2007 est.) |
| Debt - external | $10.56 billion (31 December 2007 est.) | $54.31 trillion
note: this figure is the sum total of all countries' external debt, both public and private (2004 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 |
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| 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 |
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| Disputes - international | organized illegal narcotics operations in Colombia operate within the remote border region with Panama | stretching over 250,000 km, the world's 322 international land boundaries separate 194 independent states and 70 dependencies, areas of special sovereignty, and other miscellaneous entities; ethnicity, culture, race, religion, and language have divided states into separate political entities as much as history, physical terrain, political fiat, or conquest, resulting in sometimes arbitrary and imposed boundaries; most maritime states have claimed limits that include territorial seas and exclusive economic zones; overlapping limits due to adjacent or opposite coasts create the potential for 430 bilateral maritime boundaries of which 209 have agreements that include contiguous and non-contiguous segments; boundary, borderland/resource, and territorial disputes vary in intensity from managed or dormant to violent or militarized; undemarcated, indefinite, porous, and unmanaged boundaries tend to encourage illegal cross-border activities, uncontrolled migration, and confrontation; territorial disputes may evolve from historical and/or cultural claims, or they may be brought on by resource competition; ethnic and cultural clashes continue to be responsible for much of the territorial fragmentation and internal displacement of the estimated 6.6 million people and cross-border displacements of 8.6 million refugees around the world as of early 2006; just over one million refugees were repatriated in the same period; other sources of contention include access to water and mineral (especially hydrocarbon) resources, fisheries, and arable land; armed conflict prevails not so much between the uniformed armed forces of independent states as between stateless armed entities that detract from the sustenance and welfare of local populations, leaving the community of nations to cope with resultant refugees, hunger, disease, impoverishment, and environmental degradation |
| Economic aid - recipient | $19.54 million (2005) | ODA, $106.4 billion (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. | Global output rose by 5.2% in 2007, led by China (11.4%), India (8.5%), and Russia (7.4%). The 14 other successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations continued as strong performers, in the 8%-10% range of growth. From 2006 to 2007 growth rates slowed in all the major industrial countries except for the United Kingdom (3.0%). Analysts attribute the slowdown to uncertainties in the financial markets and lowered consumer confidence. Worldwide, nations varied widely in their growth results. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Iraq, in Indonesia, and in Canada. Externally, the central government is losing decisionmaking powers to international bodies, notably the EU. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from an economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuated a growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. The opening of war in March 2003 between a US-led coalition and Iraq added new uncertainties to global economic prospects. After the initial coalition victory, the complex political difficulties and the high economic cost of establishing domestic order in Iraq became major global problems that continued through 2007. |
| Electricity - consumption | 4.735 billion kWh (2005) | 16.78 trillion kWh (2005 est.) |
| Electricity - exports | 51 million kWh (2005) | 635.6 billion kWh (2005) |
| Electricity - imports | 55 million kWh (2005) | 625.7 billion kWh (2005) |
| Electricity - production | 5.661 billion kWh (2005) | 18.55 trillion kWh (2005 est.) |
| Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan Baru 3,475 m |
lowest point: Bentley Subglacial Trench -2,540 m
note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean highest point: Mount Everest 8,850 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 | large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion; global warming becoming a greater concern |
| 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 |
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| 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) | - |
| 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) |
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| Exports | 4,140 bbl/day (2004) | 63.76 million bbl/day (2004) |
| Exports - commodities | bananas, shrimp, sugar, coffee, clothing | the whole range of industrial and agricultural goods and services
top ten - share of world trade: electrical machinery, including computers 14.8%; mineral fuels, including oil, coal, gas, and refined products 14.4%; nuclear reactors, boilers, and parts 14.2%; cars, trucks, and buses 8.9%; scientific and precision instruments 3.5%; plastics 3.4%; iron and steel 2.7%; organic chemicals 2.6%; pharmaceutical products 2.6%; diamonds, pearls, and precious stones 1.9% (2006 est.) |
| Exports - partners | US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) | US 15.1%, Germany 7.4%, China 5.9%, France 4.6%, UK 4.5%, Japan 4.4% (2006) |
| Fiscal 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 | - |
| GDP - composition by sector | agriculture: 6.8%
industry: 16.2% services: 77% (2007 est.) |
agriculture: 4%
industry: 32% services: 64% (2007 est.) |
| GDP - real growth rate | 7.8% (2007 est.) | 5.2% (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 | the world is now thought to be about 4.55 billion years old, just about one-third of the 13.7-billion-year age estimated for the universe |
| Heliports | 2 (2007) | 1,359 (2007) |
| Household income or consumption by percentage share | lowest 10%: 0.7%
highest 10%: 43% (2003) |
lowest 10%: 2.5%
highest 10%: 29.8% (2002 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 | cocaine: worldwide coca leaf cultivation in 2005 amounted to 208,500 hectares; Colombia produced slightly more than two-thirds of the worldwide crop, followed by Peru and Bolivia; potential pure cocaine production rose to 900 from 645 metric tons in 2005 - partially due to improved methodologies used to calculate levels of production; Colombia conducts aggressive coca eradication campaign, but both Peruvian and Bolivian Governments are hesitant to eradicate coca in key growing areas; 551 metric tons of export-quality cocaine (85% pure) is documented to have been seized or destroyed in 2005; US consumption of export quality cocaine is estimated to have been in excess of 380 metric tons
opiates: worldwide illicit opium poppy cultivation reached 208,500 hectares in 2005; potential opium production of 4,990 metric tons was only a 9% decrease over 2004's highest total recorded since estimates began in mid-1980s; Afghanistan is world's primary opium producer, accounting for 90% of the global supply; Southeast Asia - responsible for 9% of global opium - saw marginal increases in production; Latin America produced 1% of global opium, but most was refined into heroin destined for the US market; if all potential opium was processed into pure heroin, the potential global production would be 577 metric tons of heroin in 2005 |
| Imports | 92,170 bbl/day (2004) | 63.18 million bbl/day (2004) |
| Imports - commodities | capital goods, foodstuffs, consumer goods, chemicals | the whole range of industrial and agricultural goods and services
top ten - share of world trade: see listing for exports |
| Imports - partners | US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) | China 9.8%, Germany 8.8%, US 8.6%, Japan 5.6% (2006) |
| Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | - |
| Industrial production growth rate | 7.8% (2007 est.) | 5% (2007 est.) |
| Industries | construction, brewing, cement and other construction materials, sugar milling | dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems |
| 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: 43.52 deaths/1,000 live births
male: 46.32 deaths/1,000 live births female: 40.52 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 5.1% (2007 est.) | developed countries 1% to 4% typically; developing countries 5% to 20% typically; national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in one Third World countries (Zimbabwe); inflation rates have declined for most countries for the last several years, held in check by increasing international competition from several low wage countries (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 | - |
| Irrigated land | 430 sq km (2003) | 2,770,980 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 | - |
| Labor force | 1.471 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.) |
3.001 billion (2007 est.) |
| Labor force - by occupation | agriculture: 15%
industry: 18% services: 67% (2006 est.) |
agriculture: 40%
industry: 20.5% services: 39.4% (2007 est.) |
| Land boundaries | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
the land boundaries in the world total 251,060 km (not counting shared boundaries twice); two nations, China and Russia, each border 14 other countries
note: 45 nations and other areas are landlocked, these include: Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kosovo, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Macedonia, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Serbia, Slovakia, Swaziland, Switzerland, Tajikistan, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly landlocked |
| Land use | arable land: 7.26%
permanent crops: 1.95% other: 90.79% (2005) |
arable land: 13.31%
permanent crops: 4.71% other: 81.98% (2005) |
| Languages | Spanish (official), English 14%; note - many Panamanians bilingual | Mandarin Chinese 13.22%, Spanish 4.88%, English 4.68%, Arabic 3.12%, Hindi 2.74%, Portuguese 2.69%, Bengali 2.59%, Russian 2.2%, Japanese 1.85%, Standard German 1.44%, Wu Chinese 1.17% (2005 est.)
note: percents are for "first language" speakers only |
| Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations | all members of the UN are parties to the statute that established the International Court of Justice (ICJ) or World Court |
| 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 |
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| Life expectancy at birth | total population: 75.19 years
male: 72.69 years female: 77.8 years (2007 est.) |
total population: 65.82 years
male: 63.89 years female: 67.84 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: 82% male: 87% female: 77% note: over two-thirds of the world's 785 million illiterate adults are found in only eight countries (India, China, Bangladesh, Pakistan, Nigeria, Ethiopia, Indonesia, and Egypt); of all the illiterate adults in the world, two-thirds are women; extremely low literacy rates are concentrated in three regions, South and West Asia, Sub-Saharan Africa, and the Arab states, where around one-third of the men and half of all women are illiterate (2005 est.) |
| Location | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | - |
| Map references | Central America and the Caribbean | Physical Map of the World, Political Map of the World, Standard Time Zones of the World |
| Maritime claims | territorial sea: 12 nm
contiguous zone: 24 nm exclusive economic zone: 200 nm or edge of continental margin |
a variety of situations exist, but in general, most countries make the following claims measured from the mean low-tide baseline as described in the 1982 UN Convention on the Law of the Sea: territorial sea - 12 nm, contiguous zone - 24 nm, and exclusive economic zone - 200 nm; additional zones provide for exploitation of continental shelf resources and an exclusive fishing zone; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 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) |
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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" | - |
| 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) | roughly 2% of gross world product (2005 est.) |
| National holiday | Independence Day, 3 November (1903) | - |
| Nationality | noun: Panamanian(s)
adjective: Panamanian |
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| Natural hazards | occasional severe storms and forest fires in the Darien area | large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions) |
| Natural resources | copper, mahogany forests, shrimp, hydropower | the rapid depletion of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address |
| Net migration rate | -0.37 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) | - |
| 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.) | 6,602,224,175 (July 2007 est.) |
| Population below poverty line | 37% (1999 est.) | - |
| Population growth rate | 1.564% (2007 est.) | 1.167% (2007 est.) |
| Radio broadcast stations | AM 101, FM 134, shortwave 0 (1998) | AM NA, FM NA, shortwave NA |
| Railways | total: 355 km
standard gauge: 77 km 1.435-m gauge narrow gauge: 278 km 0.914-m gauge (2006) |
total: 1,370,782 km (2006) |
| Religions | Roman Catholic 85%, Protestant 15% | Christians 33.32% (of which Roman Catholics 16.99%, Protestants 5.78%, Orthodox 3.53%, Anglicans 1.25%), Muslims 21.01%, Hindus 13.26%, Buddhists 5.84%, Sikhs 0.35%, Jews 0.23%, Baha'is 0.12%, other religions 11.78%, non-religious 11.77%, atheists 2.32% (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: 1.07 male(s)/female
under 15 years: 1.064 male(s)/female 15-64 years: 1.024 male(s)/female 65 years and over: 0.781 male(s)/female total population: 1.014 male(s)/female (2007 est.) |
| Suffrage | 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: NA
domestic: NA international: NA |
| Telephones - main lines in use | 432,900 (2006) | 1,263,367,600 (2005) |
| Telephones - mobile cellular | 1.694 million (2005) | 2,168,433,600 (2005) |
| Television broadcast stations | 38 (including repeaters) (1998) | NA |
| Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean |
| Total fertility rate | 2.66 children born/woman (2007 est.) | 2.59 children born/woman (2007 est.) |
| Unemployment rate | 7.2% (2007 est.) | 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2007 est.) |
| Waterways | 800 km (includes 82 km Panama Canal) (2007) | 671,886 km (2004) |
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