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flag Panama Panama: Introduction

Capital: Panama City

Population

Total Population: 3,864,170
Natural Increase: 1.6%
Density: 52 Inhabitants/km²
Urban Population: 66.0%
Population of main cities including suburbs: Panama City (1,220,000); 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(s): 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

Area: 75,420 km²
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*: 0.766/1
HDI (World Rank): 65/187

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 Make a Call From Panama, Dial 00
To Make a Call to Panama, Dial +507
Internet Suffix: .pa
Telephone Lines: 17.7 per 100 Inhabitants
Internet Users: 45.2 per 100 Inhabitants
Access to Electricity: 88.1% of the Population

Foreign Trade in Figures

 
Foreign Trade Indicators 20092010201120122013
Imports of Goods (million USD) 7,80116,73721,80223,39021,700
Exports of Goods (million USD) 94810,98714,55516,22015,500
Imports of Services (million USD) 2,1182,6513,3043,7824,240
Exports of Services (million USD) 5,4636,1577,1758,8209,331

Source: WTO - World Trade Organization - Last Available Data.

 
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Last Updates: October 2014