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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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Rooms in Panama

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Room for sale in Gatún, Panama

North America » Panama Real Estate » Colón » Gatún » Colon
Panama Real Estate North America Real Estate

from $51,000 USD

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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