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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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Featured Real Estate Listings
Listing No. 34394 |
For sale at $12,000,000 USD. Price is negotiable.
Sint Maarten - Gibbs Bay Condo-Hotel Land Development This Gibbs Bay property is located on the east side of the eastern shore of Dutch St. Maarten and is part of Red Pond Estates residential community. The island of St. Barts can be seen in the distance to the southeast. The site is nestled into the lush hillside of Gibbs Bay and includes a white sandy...
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Apartment Complexes in Panama
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Building plus 2 houses for sale — Building with 21 apartments and 3 comercial properties plus 2 houses for sale with residential and comercial zonification. Location in main avenue.
Listing No. 34658 |
For sale at $2,600,000 USD. Price is negotiable.
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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