Panama: Introduction

Capital: Panama City

Population

Total Population: 3,517,000

Natural Increase: 1.6%

Density: 47 Inhabitants/km²

Urban Population: 74.8%

Population of main cities including suburbs: Panama City (1,330,000); San Miguelito (320,000); Las Cumbres (90,000); Tocumen (88,000); David (80,000).

Ethnic Origins: 64% mixed, 14% African descent, 10% European, 8% American Indian and 4% Asian.

Official Language: Spanish

Other Languages Spoken: A lot of Panamanians speak English fluently. Several indigenous dialects are also spoken.

Business Language(s): Spanish and English, because of the many business and other relationships with the United States.

Religion: Catholics 80%, Protestants 10%, Muslims 5%, Others 5%.

Literacy Rate: 91.9%

Local Time:

It is %T:%M %A In Panama

Exchange Rate on :

National Currency: Panamean Balboa (PAB)

Country Overview

Area: 75,420 km²

Type of State: Republic based on a parliamentary democracy.

Type of Economy: Upper-middle-income economy.
The economy is based on port activities; tourism; agricultural exports and Canal fees.

HDI*: 0.755/1

HDI (World Rank): 54/169

Note: (*) The HDI, Human Development Index, is an Indicator Which Synthesizes Several Data Such as Life Expectancy, Level of Education, Professional Careers, Access to Culture etc.

F° | C°

29°

Low: 24° | High: 33°

Humidity: 70% | Wind: 29 km/h
Sunrise: 5:55 am | Sunset: 6:30 pm

Panama City, Source: Yahoo Weather

Telecommunication

Telephone Code:
To Make a Call From Panama, Dial 00
To Make a Call to Panama, Dial +507

Internet Suffix: .pa

Telephone Lines: 14.6 per 100 Inhabitants

Internet Users: 22.9 per 100 Inhabitants

Access to Electricity: 85% of the Population

Foreign Trade in Figures

Foreign Trade Indicators	2007	2008	2009	2010	2011
Imports of Goods (million USD)	6,872	9,050	7,801	9,140	21,600
Exports of Goods (million USD)	1,164	1,247	948	830	14,100
Imports of Services (million USD)	2,065	2,561	2,118	2,569	3,237
Exports of Services (million USD)	4,887	5,718	5,463	5,659	6,811

Source: WTO - World Trade Organization - Last Available Data.

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