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Note:*Panama City 120V
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
total: 78,200 sq km
land: 75,990 sq km
water: 2,210 sq km
tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills
GDP: $22.76 billion (2005 est.)
GDP growth rate: 6.4% (2005 est.)
GDP per capita: $7,200 (2005 est.)
Inflation rate: 2.9% (2005 est.)
Currency: balboa (PAB); US dollar (USD)
balboas per US dollar - 1 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001)
Population: 3,191,319 (July 2006 est.)
Growth rate: 1.6% (2006 est.)
Roman Catholic 85%, Protestant 15%
Spanish (official), English 14%; note - many Panamanians bilingual
time difference: UTC-5 (same time as Washington, DC during Standard Time)
3 November 1903 (from Colombia; became independent from Spain 28 November 1821)
Note: Information on Panama was mainly sourced from CIA's World Factbook and may represent an American point of view. To learn more about Panama, please visit one of the links below.
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Development Opportunity in Buena Aventura, Panama — 32 hectares of beautiful view property in one of the most beautiful beaches in Panama: Buena Aventura. Great potential as a development. You could build a Hotel or a Residential development. Flat lot with water and power services two kilometers from the road. Spectacular view of the Pacific Ocean.
Listing No. 16614 |
For sale at $6,300,000 USD.
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