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Country Information

Panama

Panama
Standards
Road Traffic:right side
Electricity:
Voltage:110V*
Frequency:60 Hz
Plug types:A, B,
Note:*Panama City 120V
TV Systems:
System:NTSC M
DVD-Region: 4
Geography
Bordering countries:

Location:
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Area:
total: 78,200 sq km
land: 75,990 sq km
water: 2,210 sq km
Climate:
tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Terrain:
interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills
Economy
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)
Exchange rates:
balboas per US dollar - 1 (2005), 1 (2004), 1 (2003), 1 (2002), 1 (2001)
People
Population: 3,191,319 (July 2006 est.)
Growth rate: 1.6% (2006 est.)
Religions:
Roman Catholic 85%, Protestant 15%
Languages:
Spanish (official), English 14%; note - many Panamanians bilingual
Government
Capital:
name: Panama
time difference: UTC-5 (same time as Washington, DC during Standard Time)
Independence:
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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Hotels in Panama

Showing recently submitted hotels in Panama.
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Hotel for sale in Panamá, Panama

North America » Panama Real Estate » Panamá » Panamá » Panama
Panama Real Estate North America Real Estate

from $25,000,000 USD

Large Hotel for Sale with 215 rooms, close to banks, and commercial areas. — Panama is the investment opportunity for this century. It´s a small country with a privileged geographic position, that offers easy access to distinct markets and other destinations within and outside the continent. It has the lowest inflation rate in Latin America, thanks to social stability and...
Listing No. 28837 | For sale from $25,000,000 USD.

Hotel for sale in Las Lajas, Panama

North America » Panama Real Estate » Chiriquí » Las Lajas
Panama Real Estate North America Real Estate

$850,000 USD

Hotel With Restaurant And Pool Close To The Pacific Coast — Excellent investment opportunity in a prospering and rapidly growing business!The site is located in Las Lajas, Chiriqui, between the Panamerican Highway and the Beach of Las Lajas. (Las Lajas is located between Santiago and David.)It is 5 minutes away from the Interamericana and 10 minutes away from...
Listing No. 21306 | For sale at $850,000 USD.

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