Panamá Directory


Panamá Information

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Introduction

BackgroundWith 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. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. 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 turned over to Panama by or on 31 December 1999.

Geography

LocationCentral America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Geographic coordinates9 00 N, 80 00 W
Areatotal: 78,200 sq km
water: 2,210 sq km
land: 75,990 sq km
Area - comparativeslightly smaller than South Carolina
Land boundariestotal: 555 km
border countries: Colombia 225 km, Costa Rica 330 km
Coastline2,490 km
Maritime claimsterritorial sea: 12 NM
contiguous zone: 24 NM
exclusive economic zone: 200 NM
Climatetropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Terraininterior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills
Elevation extremeslowest point: Pacific Ocean 0 m
highest point: Volcan de Chiriqui 3,475 m
Natural resourcescopper, mahogany forests, shrimp, hydropower
Land usearable land: 6.72%
permanent crops: 2.08%
other: 91.2% (1998 est.)
Irrigated land320 sq km (1998 est.)
Natural hazardsoccasional severe storms and forest fires in the Darien area
Environment - current issueswater 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
Environment - international agreementsparty 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
Geography - notestrategic 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

People

Population3,000,463 (July 2004 est.)
Age structure0-14 years: 30.2% (male 461,427; female 443,932)
15-64 years: 63.6% (male 967,490; female 940,344)
65 years and over: 6.2% (male 88,611; female 98,659) (2004 est.)
Median agetotal: 25.9 years
male: 25.6 years
female: 26.2 years (2004 est.)
Population growth rate1.31% (2004 est.)
Birth rate20.36 births/1,000 population (2004 est.)
Death rate6.39 deaths/1,000 population (2004 est.)
Net migration rate-0.91 migrant(s)/1,000 population (2004 est.)
Sex ratioat birth: 1.05 male(s)/female
under 15 years: 1.04 male(s)/female
15-64 years: 1.03 male(s)/female
65 years and over: 0.9 male(s)/female
total population: 1.02 male(s)/female (2004 est.)
Infant mortality ratetotal: 20.95 deaths/1,000 live births
female: 18.72 deaths/1,000 live births (2004 est.)
male: 23.08 deaths/1,000 live births
Total fertility ratetotal population: 72.14 years
male: 69.82 years
female: 74.56 years (2004 est.)
HIV/AIDS - adult prevalence rate2.49 children born/woman (2004 est.)
HIV/AIDS - people living with HIV/AIDS1.5% (2001 est.)
HIV/AIDS - deaths25,000 (2001 est.)
Nationalitynoun: Panamanian(s)
adjective: Panamanian
Ethnic groupsmestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6%
ReligionsRoman Catholic 85%, Protestant 15%
LanguagesSpanish (official), English 14%
note: many Panamanians bilingual
Literacydefinition: age 15 and over can read and write
total population: 92.6%
male: 93.2%
female: 91.9% (2003 est.)

Government

Country nameconventional long form: Republic of Panama
conventional short form: Panama
local short form: Panama
local long form: Republica de Panama
Government typeconstitutional democracy
CapitalPanama
Administrative divisions9 provinces (provincias, singular - provincia) and 1 territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas
Independence3 November 1903 (from Colombia; became independent from Spain 28 November 1821)
National holidayIndependence Day, 3 November (1903)
Constitution11 October 1972; major reforms adopted 1978, 1983 and 1994
Legal systembased on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations
Suffrage18 years of age; universal and compulsory
Executive branchchief of state: President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government
head of government: President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1 September 1999); note - the president is both the chief of state and head of government
cabinet: Cabinet appointed by the president
elections: president and vice presidents elected on the same ticket by popular vote for five-year terms; election last held 2 May 2004 (next to be held NA May 2009)
note: government coalition - PA, MOLIRENA, Democratic Change, MORENA, PLN, PS
election results: Martin TORRIJOS elected president; percent of vote - Martin TORRIJOS 47.5%, Guillermo ENDARA Galimany 30.6%, Jose Miguel ALEMAN 17%, Ricardo MARTINELLI 4.9%; note - Martin TORRIJOS will take office on 1 September 2004
Legislative branchunicameral Legislative Assembly or Asamblea Legislativa (71 seats; members are elected by popular vote to serve five-year terms)
election results: percent of vote by party - NA%; seats by party - PRD 34, PA 18, PDC 5, PS 4, MOLIRENA 3, PLN 3, Democratic Change 2, PRC 1, MORENA 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
elections: last held 2 May 1999 (next to be held 2 May 2004)
Judicial branchSupreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms); five superior courts; three courts of appeal
Political parties and leadersArnulfista Party or PA [Mireya Elisa MOSCOSO Rodriguez]; Civic Renewal Party or PRC [Serguei DE LA ROSA]; Democratic Change [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Raul ARANGO Gasteazopo]; National Renovation Movement or MORENA [Pedro VALLARINO Cox]; Nationalist Republican Liberal Movement or MOLIRENA [Ramon MORALES]; Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA]; Solidarity Party or PS [Samuel LEWIS Galindo]
Political pressure groups and leadersChamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Union of Construction and Similar Workers (SUNTRACS); National Council of Private Enterprise or CONEP; Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP
International organization participationFAO, G-77, IADB, IAEA, IBRD, ICAO, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTrO
Diplomatic representation in the USchief of mission: Ambassador Roberto ALFARO Estripeaut
FAX: [1] (202) 483-8416
consulate(s) general: Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, San Juan (Puerto Rico), Tampa
telephone: [1] (202) 483-1407
chancery: 2862 McGill Terrace NW, Washington, DC 20008
Diplomatic representation from the USchief of mission: Ambassador Linda Ellen WATT
embassy: Avenida Balboa and Calle 37, 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
Flag descriptiondivided 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

Economy

Economy - overviewPanama's dollarised 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. A slump in Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-03. The government has been backing public works programs, tax reforms, new regional trade agreements, and development of tourism in order to stimulate growth. Unemployment remains at an unacceptably high level.
GDPpurchasing power parity - $18.62 billion (2003 est.)
GDP - real growth rate3.2% (2003 est.)
GDP - per capitapurchasing power parity - $6,300 (2003 est.)
GDP - composition by sectoragriculture: 7%
industry: 17%
services: 76% (2001 est.)
Population below poverty line37% (1999 est.)
Household income or consumption by percentage sharelowest 10%: 1.2%
highest 10%: 35.7% (1997)
Distribution of family income - Gini index48.5 (1997)
Inflation rate (consumer prices)1.3% (2003 est.)
Labor force1.1 million
note: shortage of skilled labor, but an oversupply of unskilled labor (2000 est.)
Labor force - by occupationagriculture 20.8%, industry 18%, services 61.2% (1995 est.)
Unemployment rate14.5% (2003 est.)
Budgetrevenues: $1.9 billion
expenditures: $2 billion, including capital expenditures of $471 million (2000 est.)
Industriesconstruction, petroleum refining, brewing, cement and other construction materials, sugar milling
Industrial production growth rate1% (2003 est.)
Electricity - production4.039 billion kWh (2001)
Electricity - production by sourcefossil fuel: 37%
hydro: 61.3%
other: 1.7% (2001)
nuclear: 0%
Electricity - consumption3.681 billion kWh (2001)
Electricity - exports118 million kWh (2001)
Electricity - imports43 million kWh (2001)
Oil - production0 bbl/day (2001 est.)
Oil - consumption52,000 bbl/day (2001 est.)
Oil - exportsNA
Oil - importsNA
Agriculture - productsbananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
Exports$5.237 billion f.o.b. (2003 est.)
Exports - commoditiesbananas, shrimp, sugar, coffee, clothing (1999)
Exports - partnersUS 47.8%, Sweden 5.8%, Costa Rica 4.8%, Honduras 4.5% (2002)
Imports$6.622 billion f.o.b. (2003 est.)
Imports - commoditiescapital goods, crude oil, foodstuffs, consumer goods, chemicals (1999)
Imports - partnersUS 34.4%, Colombia 5.9%, Japan 5.4%, Costa Rica 4.2%, Venezuela 4.2% (2002)
Debt - external$8.9 billion (2003 est.)
Currencybalboa (PAB); US dollar (USD)
Currency codePAB; USD
Exchange ratesbalboas per US dollar - 1 (2003), 1 (2002), 1 (2001), 1 (2000), 1 (1999)
Fiscal yearcalendar year

Communications

Telephones - main lines in use366,700 (2002)
Telephones - mobile cellular569,600 (2002)
Telephone systemgeneral assessment: domestic and international facilities well developed
domestic: NA
international: country code - 507; 1 coaxial submarine cable; satellite earth stations - 2 Intelsat (Atlantic Ocean); connected to the Central American Microwave System
Radio broadcast stationsAM 101, FM 134, shortwave 0 (1998)
Television broadcast stations38 (including repeaters) (1998)
Internet country code.pa
Internet hosts7,393 (2002)
Internet users120,000 (2002)

Transportation

Railwaystotal: 355 km
broad gauge: 76 km 1.524-m gauge
narrow gauge: 279 km 0.914-m gauge (2002)
Highwaystotal: 11,400 km
paved: 3,944 km (including 30 km of expressways)
unpaved: 7,456 km (1999)
Waterways882 km
note: 800 km navigable by shallow draft vessels; 82 km Panama Canal
Pipelinescrude oil 130 km (2001)
Ports and harborsBalboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte
Merchant marinetotal: 4,833 ships (1,000 GRT or over) 122,960,929 GRT/183,615,337 DWT
registered in other countries: 85 (2003 est.)
by type: barge carrier 3, bulk 1,434, cargo 819, chemical tanker 388, combination bulk 73, combination ore/oil 18, container 613, liquefied gas 190, livestock carrier 3, multi-functional large load carrier 15, passenger 36, passenger/cargo 5, petroleum tanker 514, rail car carrier 1, refrigerated cargo 281, roll on/roll off 125, short-sea/passenger 37, specialized tanker 36, vehicle carrier 242
foreign-owned: Albania 2, Angola 1, Antigua and Barbuda 2, Argentina 7, Australia 11, Austria 1, Bahamas 3, Bangladesh 1, Belgium 5, Belize 4, Brazil 4, British Virgin Islands 8, Cambodia 2, Canada 6, Cayman Islands 1, Chile 13, China 286, Colombia 14, Croatia 3, Cuba 17, Cyprus 6, Denmark 4, Dominican Republic 1, Ecuador 1, Egypt 16, Equatorial Guinea 1, France 7, Germany 89, Greece 549, Haiti 1, Honduras 2, Hong Kong 288, India 22, Indonesia 44, Iran 1, Ireland 2, Israel 4, Italy 7, Japan 1630, Jordan 8, Kenya 1, South Korea 349, Kuwait 1, Latvia 11, Liberia 3, Lithuania 2, Luxembourg 1, Malaysia 12, Malta 1, Marshall Islands 3, Mexico 7, Monaco 29, Netherlands 14, Netherlands Antilles 1, New Zealand 1, Nigeria 6, Norway 86, Oman 1, Pakistan 1, Peru 17, Philippines 41, Poland 12, Portugal 6, Puerto Rico 3, Romania 9, Russia 8, Saint Kitts and Nevis 3, Saint Vincent and the Grenadines 6, Saudi Arabia 6, Singapore 105, South Africa 3, Spain 52, Sri Lanka 3, Sudan 1, Sweden 4, Switzerland 93, Syria 1, Taiwan 348, Thailand 14, Trinidad and Tobago 1, Turkey 12, Ukraine 2, United Kingdom 51, United States 99, Venezuela 4
Airports103 (2003 est.)
Airports - with paved runwaystotal: 42
over 3,047 m: 1
2,438 to 3,047 m: 1
1,524 to 2,437 m: 5
914 to 1,523 m: 13
under 914 m: 22 (2003 est.)
Airports - with unpaved runwaystotal: 61
914 to 1,523 m: 12
under 914 m: 49 (2003 est.)

Military

Military branchesan 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 manpower - availabilitymales age 15-49: 810,341 (2004 est.)
Military manpower - fit for military servicemales age 15-49: 553,422 (2004 est.)
Military manpower - reaching military age annually$145 million (2003)
Military expenditures - dollar figure1.2% (2003)
Military expenditures - percent of GDPon 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 manpower - military age18 years of age

Transnational Issues

Disputes - internationalnone
Illicit drugsmajor 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


Source CIA.GOV