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Compare Panama (2008) - Venezuela (2008)
Compare Panama (2008) z Venezuela (2008)
| Panama (2008) | Venezuela (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 | 23 states (estados, singular - estado), 1 capital district* (distrito capital), and 1 federal dependency** (dependencia federal); Amazonas, Anzoategui, Apure, Aragua, Barinas, Bolivar, Carabobo, Cojedes, Delta Amacuro, Dependencias Federales**, Distrito Federal*, Falcon, Guarico, Lara, Merida, Miranda, Monagas, Nueva Esparta, Portuguesa, Sucre, Tachira, Trujillo, Vargas, Yaracuy, Zulia
note: the federal dependency consists of 11 federally controlled island groups with a total of 72 individual islands |
| 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: 31.6% (male 4,169,979/female 4,046,170)
15-64 years: 63.4% (male 8,120,661/female 8,369,065) 65 years and over: 5.1% (male 586,863/female 730,790) (2007 est.) |
| Agriculture - products | bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp | corn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish |
| Airports | 116 (2007) | 390 (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: 128
over 3,047 m: 5 2,438 to 3,047 m: 10 1,524 to 2,437 m: 34 914 to 1,523 m: 61 under 914 m: 18 (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: 262
2,438 to 3,047 m: 1 1,524 to 2,437 m: 15 914 to 1,523 m: 97 under 914 m: 149 (2007) |
| Area | total: 78,200 sq km
land: 75,990 sq km water: 2,210 sq km |
total: 912,050 sq km
land: 882,050 sq km water: 30,000 sq km |
| Area - comparative | slightly smaller than South Carolina | slightly more than twice the size of California |
| 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. | Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking globalization and undermining regional stability. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples. |
| Birth rate | 21.45 births/1,000 population (2007 est.) | 21.22 births/1,000 population (2007 est.) |
| Budget | revenues: $5.206 billion
expenditures: $5.089 billion (2007 est.) |
revenues: $63.27 billion
expenditures: $68.22 billion (2007 est.) |
| Capital | name: Panama
geographic coordinates: 8 58 N, 79 32 W time difference: UTC-5 (same time as Washington, DC during Standard Time) |
name: Caracas
geographic coordinates: 10 30 N, 66 56 W time difference: UTC-4.5 (half an hour 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; hot, humid; more moderate in highlands |
| Coastline | 2,490 km | 2,800 km |
| Constitution | 11 October 1972; major reforms adopted 1978, 1983, 1994, and 2004 | 30 December 1999 |
| 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: Bolivarian Republic of Venezuela
conventional short form: Venezuela local long form: Republica Bolivariana de Venezuela local short form: Venezuela |
| Death rate | 5.44 deaths/1,000 population (2007 est.) | 5.08 deaths/1,000 population (2007 est.) |
| Debt - external | $10.56 billion (31 December 2007 est.) | $45.44 billion (31 December 2007 est.) |
| Diplomatic representation from the US | chief of mission: Ambassador William A. EATON
embassy: Edificio 783, Avenida Demetrio Basilio Lakas Panama, Apartado Postal 0816-02561, Zona 5, Panama City 5 mailing address: American Embassy Panama, Unit 0945, APO AA 34002 telephone: [507] 207-7000 FAX: [507] 227-1964 |
chief of mission: Ambassador Patrick DUDDY
embassy: Calle F con Calle Suapure, Urbanizacion Colinas de Valle Arriba, Caracas 1080 mailing address: P. O. Box 62291, Caracas 1060-A; APO AA 34037 telephone: [58] (212) 975-9234, 975-6411 FAX: [58] (212) 975-8991 |
| 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 Bernardo ALVAREZ Herrera
chancery: 1099 30th Street NW, Washington, DC 20007 telephone: [1] (202) 342-2214 FAX: [1] (202) 342-6820 consulate(s) general: Boston, Chicago, Houston, Miami, New Orleans, New York, San Francisco, San Juan (Puerto Rico) |
| Disputes - international | organized illegal narcotics operations in Colombia operate within the remote border region with Panama | claims all of the area west of the Essequibo River in Guyana, preventing any discussion of a maritime boundary; Guyana has expressed its intention to join Barbados in asserting claims before the United Nations Convention on the Law of the Sea (UNCLOS) that Trinidad and Tobago's maritime boundary with Venezuela extends into their waters; dispute with Colombia over maritime boundary and Venezuelan-administered Los Monjes islands near the Gulf of Venezuela; Colombian-organized illegal narcotics and paramilitary activities penetrate Venezuela's shared border region; in 2006, an estimated 139,000 Colombians sought protection in 150 communities along the border in Venezuela; US, France, and the Netherlands recognize Venezuela's granting full effect to Aves Island, thereby claiming a Venezuelan EEZ/continental shelf extending over a large portion of the eastern Caribbean Sea; Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines protest Venezuela's full effect claim |
| Economic aid - recipient | $19.54 million (2005) | $48.66 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. | Venezuela remains highly dependent on oil revenues, which account for roughly 90% of export earnings, more than 50% of the federal budget revenues, and around 30% of GDP. A nationwide strike between December 2002 and February 2003 had far-reaching economic consequences - real GDP declined by around 9% in 2002 and 8% in 2003 - but economic output since then has recovered strongly. Fueled by high oil prices, record government spending helped to boost GDP in 2006 by about 9% and in 2007 by about 8%. This spending, combined with recent minimum wage hikes and improved access to domestic credit, has created a consumption boom but has come at the cost of higher inflation-roughly 20 percent in 2007. Imports also have jumped significantly. Embolden by his December 2006 reelection, President Hugo CHAVEZ in 2007 nationalized firms in the petroleum, communications, and electricity sectors, which reduced foreign influence in the economy. Although voters in December 2007 rejected CHAVEZ's proposed constitutional changes, CHAVEZ still has significant control of the economy and has indicated he intends to continue to consolidate and centralize authority over the economy by implementing "21st Century Socialism." |
| Electricity - consumption | 4.735 billion kWh (2005) | 73.36 billion kWh (2005) |
| Electricity - exports | 51 million kWh (2005) | 0 kWh (2005) |
| Electricity - imports | 55 million kWh (2005) | 0 kWh (2005) |
| Electricity - production | 5.661 billion kWh (2005) | 99.2 billion kWh (2005) |
| Elevation extremes | lowest point: Pacific Ocean 0 m
highest point: Volcan Baru 3,475 m |
lowest point: Caribbean Sea 0 m
highest point: Pico Bolivar (La Columna) 5,007 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 | sewage pollution of Lago de Valencia; oil and urban pollution of Lago de Maracaibo; deforestation; soil degradation; urban and industrial pollution, especially along the Caribbean coast; threat to the rainforest ecosystem from irresponsible mining operations |
| 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: Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands
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% | Spanish, Italian, Portuguese, Arab, German, African, indigenous people |
| Exchange rates | balboas per US dollar - 1 (2007), 1 (2006), 1 (2005), 1 (2004), 1 (2003) | bolivares per US dollar - 2,147 (2007), 2,147 (2006), 2,089.8 (2005), 1,891.3 (2004), 1,607 (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 Hugo CHAVEZ Frias (since 3 February 1999); Executive Vice President Ramon Alonzo CARRIZALEZ Rengifo (since 4 January 2008); note - the president is both the chief of state and head of government
head of government: President Hugo CHAVEZ Frias (since 3 February 1999); Executive Vice President Ramon Alonzo CARRIZALEZ Rengifo (since 4 January 2008) cabinet: Council of Ministers appointed by the president elections: president elected by popular vote for a six-year term (eligible for a second term); election last held 3 December 2006 (next to be held in December 2012) note: in 1999, a National Constituent Assembly drafted a new constitution that increased the presidential term to six years; an election was subsequently held on 30 July 2000 under the terms of this constitution election results: Hugo CHAVEZ Frias reelected president; percent of vote - Hugo CHAVEZ Frias 62.9%, Manuel ROSALES 36.9% |
| Exports | 4,140 bbl/day (2004) | 2.203 million bbl/day (2006 est.) |
| Exports - commodities | bananas, shrimp, sugar, coffee, clothing | petroleum, bauxite and aluminum, steel, chemicals, agricultural products, basic manufactures |
| Exports - partners | US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006) | US 46.2%, Netherlands Antilles 13.5%, China 3.2% (2006) |
| Fiscal year | calendar year | calendar year |
| Flag description | divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center | three equal horizontal bands of yellow (top), blue, and red with the coat of arms on the hoist side of the yellow band and an arc of eight white five-pointed stars centered in the blue band |
| GDP - composition by sector | agriculture: 6.8%
industry: 16.2% services: 77% (2007 est.) |
agriculture: 3.5%
industry: 40% services: 56.5% (2007 est.) |
| GDP - real growth rate | 7.8% (2007 est.) | 8.3% (2007 est.) |
| Geographic coordinates | 9 00 N, 80 00 W | 8 00 N, 66 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 | on major sea and air routes linking North and South America; Angel Falls in the Guiana Highlands is the world's highest waterfall |
| Heliports | 2 (2007) | 2 (2007) |
| Household income or consumption by percentage share | lowest 10%: 0.7%
highest 10%: 43% (2003) |
lowest 10%: 0.7%
highest 10%: 35.2% (2003) |
| 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 | small-scale illicit producer of opium and coca for the processing of opiates and coca derivatives; however, large quantities of cocaine, heroin, and marijuana transit the country from Colombia bound for US and Europe; significant narcotics-related money-laundering activity, especially along the border with Colombia and on Margarita Island; active eradication program primarily targeting opium; increasing signs of drug-related activities by Colombian insurgents on border |
| Imports | 92,170 bbl/day (2004) | 0 bbl/day (2006 est.) |
| Imports - commodities | capital goods, foodstuffs, consumer goods, chemicals | raw materials, machinery and equipment, transport equipment, construction materials |
| Imports - partners | US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006) | US 30.6%, Colombia 10.2%, Brazil 10.1%, Mexico 5.9%, China 4.9%, Panama 4.8% (2006) |
| Independence | 3 November 1903 (from Colombia; became independent from Spain 28 November 1821) | 5 July 1811 (from Spain) |
| Industrial production growth rate | 7.8% (2007 est.) | 5.5% (2007 est.) |
| Industries | construction, brewing, cement and other construction materials, sugar milling | petroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly |
| 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: 22.52 deaths/1,000 live births
male: 26.14 deaths/1,000 live births female: 18.72 deaths/1,000 live births (2007 est.) |
| Inflation rate (consumer prices) | 5.1% (2007 est.) | 20.7% (Year ending November 2007) |
| 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 | CAN, Caricom (observer), CDB, CSN, FAO, G-3, G-15, G-24, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, LAS (observer), Mercosur (associate), MIGA, NAM, OAS, OPANAL, OPCW, OPEC, PCA, RG, UN, UNCTAD, UNESCO, UNHCR, UNIDO, Union Latina, UNWTO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WTO |
| Irrigated land | 430 sq km (2003) | 5,750 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 Tribunal of Justice or Tribuna Suprema de Justicia (magistrates are elected by the National Assembly for a single 12-year term) |
| Labor force | 1.471 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.) |
12.5 million (2007 est.) |
| Labor force - by occupation | agriculture: 15%
industry: 18% services: 67% (2006 est.) |
agriculture: 13%
industry: 23% services: 64% (1997 est.) |
| Land boundaries | total: 555 km
border countries: Colombia 225 km, Costa Rica 330 km |
total: 4,993 km
border countries: Brazil 2,200 km, Colombia 2,050 km, Guyana 743 km |
| Land use | arable land: 7.26%
permanent crops: 1.95% other: 90.79% (2005) |
arable land: 2.85%
permanent crops: 0.88% other: 96.27% (2005) |
| Languages | Spanish (official), English 14%; note - many Panamanians bilingual | Spanish (official), numerous indigenous dialects |
| Legal system | based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction with reservations | open, adversarial court system |
| Legislative branch | unicameral National Assembly or Asamblea Nacional (78 seats; members are elected by popular vote to serve five-year terms); note - in 2009, the number of seats will change to 71
elections: last held 2 May 2004 (next to be held 3 May 2009) election results: percent of vote by party - NA; seats by party - PRD 41, PA 17, PS 9, MOLIRENA 4, CD 3, PLN 3, PP 1 note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula |
unicameral National Assembly or Asamblea Nacional (167 seats; members elected by popular vote to serve five-year terms; three seats reserved for the indigenous peoples of Venezuela)
elections: last held 4 December 2005 (next to be held in 2010) election results: percent of vote by party - NA; seats by party - pro-government 167 (MVR 114, PODEMOS 15, PPT 11, indigenous 2, other 25), opposition 0; total seats by party as of 1 January 2008 - pro-government 152 (PSUV 114, PPT 11, indigenous 2, other 25), PODEMOS 15 |
| Life expectancy at birth | total population: 75.19 years
male: 72.69 years female: 77.8 years (2007 est.) |
total population: 73.28 years
male: 70.24 years female: 76.48 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: 93% male: 93.3% female: 92.7% (2001 census) |
| Location | Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica | Northern South America, bordering the Caribbean Sea and the North Atlantic Ocean, between Colombia and Guyana |
| Map references | Central America and the Caribbean | South 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: 15 nm exclusive economic zone: 200 nm continental shelf: 200-m depth or to the depth of exploitation |
| Merchant marine | total: 5,764 ships (1000 GRT or over) 159,649,801 GRT/240,190,316 DWT
by type: barge carrier 2, bulk carrier 1,940, cargo 1,034, carrier 3, chemical tanker 507, combination ore/oil 6, container 710, liquefied gas 191, livestock carrier 7, passenger 46, passenger/cargo 72, petroleum tanker 522, refrigerated cargo 288, roll on/roll off 129, specialized tanker 22, vehicle carrier 285 foreign-owned: 4,949 (Albania 1, Argentina 8, Australia 4, Bahamas 2, Bangladesh 1, Belgium 11, Bulgaria 1, Canada 17, Chile 8, China 473, Colombia 4, Croatia 6, Cuba 11, Cyprus 15, Denmark 32, Dominican Republic 1, Ecuador 2, Egypt 13, Estonia 3, France 15, Gabon 1, Germany 38, Greece 505, Hong Kong 137, India 25, Indonesia 37, Iran 4, Ireland 1, Israel 2, Italy 10, Jamaica 1, Japan 2,151, Jordan 11, South Korea 316, Kuwait 1, Latvia 5, Lebanon 3, Lithuania 5, Malaysia 14, Maldives 1, Malta 2, Mexico 4, Monaco 11, Netherlands 14, Nigeria 6, Norway 60, Oman 1, Pakistan 5, Peru 15, Philippines 12, Poland 15, Portugal 9, Qatar 1, Romania 8, Russia 9, Saudi Arabia 14, Singapore 83, Spain 61, Sri Lanka 3, Sweden 9, Switzerland 26, Syria 24, Taiwan 306, Thailand 10, Turkey 53, Turks and Caicos Islands 1, Ukraine 8, UAE 108, UK 35, US 115, Venezuela 10, Vietnam 10, Yemen 5) registered in other countries: 1 (Venezuela 1) (2007) |
total: 59 ships (1000 GRT or over) 808,721 GRT/1,285,783 DWT
by type: bulk carrier 7, cargo 14, chemical tanker 3, container 1, liquefied gas 6, passenger/cargo 10, petroleum tanker 17, refrigerated cargo 1 foreign-owned: 12 (Denmark 3, Greece 3, Mexico 3, Panama 1, Russia 1, Spain 1) registered in other countries: 11 (Bahamas 1, Panama 10) (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) | National Armed Forces (Fuerzas Armadas Nacionales or FAN): Ground Forces or Army (Fuerzas Terrestres or Ejercito), Naval Forces (Fuerzas Navales or Armada; includes Marines, Coast Guard), Air Force (Fuerzas Aereas or Aviacion), Armed Forces of Cooperation or National Guard (Fuerzas Armadas de Cooperacion or Guardia Nacional) |
| Military expenditures - percent of GDP | 1% (2006) | 1.2% (2005 est.) |
| National holiday | Independence Day, 3 November (1903) | Independence Day, 5 July (1811) |
| Nationality | noun: Panamanian(s)
adjective: Panamanian |
noun: Venezuelan(s)
adjective: Venezuelan |
| Natural hazards | occasional severe storms and forest fires in the Darien area | subject to floods, rockslides, mudslides; periodic droughts |
| Natural resources | copper, mahogany forests, shrimp, hydropower | petroleum, natural gas, iron ore, gold, bauxite, other minerals, hydropower, diamonds |
| Net migration rate | -0.37 migrant(s)/1,000 population (2007 est.) | -1.28 migrant(s)/1,000 population (2007 est.) |
| Pipelines | - | extra heavy crude oil 992 km; gas 5,400 km; oil 7,607 km; refined products 1,650 km; unknown (oil/water) 141 km (2007) |
| 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) | A New Time or UNT [Manuel ROSALES]; Christian Democrats or COPEI [Cesar PEREZ Vivas]; Communist Party of Venezuela or PCV [Jeronimo CARRERA]; Democratic Action or AD [Henry RAMOS Allup]; Fatherland for All or PPT [Jose ALBORNOZ]; Justice First [Julio BORGES]; Movement Toward Socialism or MAS [Hector MUJICA]; United Socialist Party of Venezuela or PSUV [Hugo CHAVEZ]; Venezuela Project or PV [Henrique SALAS Romer]; We Can or PODEMOS [Ismael GARCIA] |
| 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 | FEDECAMARAS, a conservative business group; VECINOS groups; Venezuelan Confederation of Workers or CTV (labor organization dominated by the Democratic Action) |
| Population | 3,242,173 (July 2007 est.) | 26,023,528 (July 2007 est.) |
| Population below poverty line | 37% (1999 est.) | 37.9% (end 2005 est.) |
| Population growth rate | 1.564% (2007 est.) | 1.486% (2007 est.) |
| Radio broadcast stations | AM 101, FM 134, shortwave 0 (1998) | AM 201, FM NA (20 in Caracas), shortwave 11 (1998) |
| Railways | total: 355 km
standard gauge: 77 km 1.435-m gauge narrow gauge: 278 km 0.914-m gauge (2006) |
total: 682 km
standard gauge: 682 km 1.435-m gauge (2006) |
| Religions | Roman Catholic 85%, Protestant 15% | nominally Roman Catholic 96%, Protestant 2%, other 2% |
| 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: 1.031 male(s)/female 15-64 years: 0.97 male(s)/female 65 years and over: 0.803 male(s)/female total population: 0.98 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: modern and expanding
domestic: domestic satellite system with 3 earth stations; recent substantial improvement in telephone service in rural areas; substantial increase in digitalization of exchanges and trunk lines; installation of a national interurban fiber-optic network capable of digital multimedia services; fixed-line teledensity, at 16 per 100 persons, is low by regional standards; mobile-cellular subscribership jumped 50 percent in 2006 international: country code - 58; submarine cable systems provide connectivity to the Caribbean, Central and South America, and US; satellite earth stations - 1 Intelsat (Atlantic Ocean) and 1 PanAmSat; participating with Colombia, Ecuador, Peru, and Bolivia in the construction of an international fiber-optic network |
| Telephones - main lines in use | 432,900 (2006) | 4.217 million (2006) |
| Telephones - mobile cellular | 1.694 million (2005) | 18.79 million (2006) |
| Television broadcast stations | 38 (including repeaters) (1998) | 66 (plus 45 repeaters) (1997) |
| Terrain | interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills | Andes Mountains and Maracaibo Lowlands in northwest; central plains (llanos); Guiana Highlands in southeast |
| Total fertility rate | 2.66 children born/woman (2007 est.) | 2.55 children born/woman (2007 est.) |
| Unemployment rate | 7.2% (2007 est.) | 9.1% (2007 est.) |
| Waterways | 800 km (includes 82 km Panama Canal) (2007) | 7,100 km
note: Orinoco River (400 km) and Lake de Maracaibo navigable by oceangoing vessels (2005) |
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