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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. 33482 |
For sale at $199,900 USD.
Paradise Hills, great place, great views, great neighbors This house and property is situated beside the small hamlet of La Flur (the flower) it hosts neighbors from Europe, Canada and the U.S. This is the latest property built here and designed by a renowned area architect.The 3 acre lot has an upper and lower area, this house is situated on the upper area...
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Panama's Best Investment? — Panama Gatun Suites This property is currently under construction and is expected to be completed February 2008. It is a brand new Condo/Hotel with a prime location. With this unique development you can acquire a turn key operation with Franchise requirements, that are sure to accommodate the highest standards.
Listing No. 19679 |
For sale from $51,000 USD.
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