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Introduction

Capital: Panama City

Population

Total Population: 3,340,605
Annual growth rate: 1.6%
Density: 45 inhabitant/km²
Urban population: 72.4%
Population of main cities including suburbs: Panama City (1,330,000); San Miguelito (320,000); Las Cumbres (90,000); Tocumen (88,000); David (80,000).
Ethnic Origins: 64% mixed, 14% African descent, 10% European, 8% American Indian and 4% Asian.
Official Language: Spanish
Other languages spoken: A lot of Panamanians speak English fluently. Several indigenous dialects are also spoken.
Business language: Spanish and English, because of the many business and other relationships with the United States.
Religion: Catholics 80%, Protestants 10%, Muslims 5%, Others 5%.
Literacy rate: 91.9%

Local time:

It is %T:%M %A in Panama

Exchange rate on :

National currency: Panamean Balboa (PAB)


Country overview

Type of State: Republic based on a parliamentary democracy.
Type of economy: Upper-middle-income economy.
The economy is based on port activities; tourism; agricultural exports and Canal fees.
HDI*: 0,832/1
HDI (world rank): 58th/177

Note: (*) The HDI, Human Development Index, is an indicator which synthesizes several data such as life expectancy, level of education, professional careers, access to culture etc.


Telecommunication

Telephone code:
To call from Panama, dial 00
To call in Panama, dial +507
Internet suffix: .pa
Telephone lines: 14.6 per 100 inhabitants
Internet users: 22.9 per 100 inhabitants
Access to electricity: 85% of the population

Foreign trade in figures

 
Foreign trade indicators 20032004200520062007
Imports of goods (millions USD) 6,2747,6178,93310,19012,521
Exports of goods (millions USD) 5,0726,0807,3758,4789,338
Imports of services (millions USD) 1,3001,4571,8111,7282,107
Exports of services (millions USD) 2,5402,7943,2313,9384,924

Source: World Bank

 

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Last updates: October 2009