Panama
Republic of PanamaRepublica de Panama
constitutional democracyIndependence 3 November 1903 (from Colombia
Panama as the 2004 edition of the CIA World Factbook published it: 120 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999.
Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999.
Geography
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
18 fieldsLand useshare of 78,200 sq km
Location
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
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
Environment - current issues
- water pollution from agricultural runoff threatens fishery resources;
- deforestation of tropical rain forest;
- land degradation and soil erosion threatens siltation of Panama Canal;
- air pollution in urban areas;
- mining threatens natural resources
Environment - international agreements
- party to:
- Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
- signed, but not ratified:
- Marine Life Conservation
Geography - note
- strategic location on eastern end of isthmus forming land bridge connecting North and South America;
- controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean
People
19 fieldsPer 1,000 population(2004 est.)
Male · female
Age structure
- 0-14 years:
- 30.2% (male 461,427; female 443,932)
- 15-64 years:
- 63.6% (male 967,490; female 940,344)
- 65 years and over:
- 6.2% (male 88,611; female 98,659) (2004 est.)
Sex ratio
- at birth:
- 1.05 male(s)/female
- under 15 years:
- 1.04 male(s)/female
- 15-64 years:
- 1.03 male(s)/female
- 65 years and over:
- 0.9 male(s)/female
- total population:
- 1.02 male(s)/female (2004 est.)
Government
Constitutional democracy; President Martin TORRIJOS Espino (since 1 September 2004); President Martin TORRIJOS Espino (since 1 September 2004)
18 fieldsPresidential electionpercent of vote
Legislature, 78 seats, elected 2 May 2004one dot, one seat
Country name
- conventional long form:
- Republic of Panama
- conventional short form:
- Panama
- local long form:
- Republica de Panama
- local short form:
- Panama
Administrative divisions
- 9 provinces (provincias, singular - provincia) and 1 territory* (comarca);
- Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas
Legal system
- based on civil law system;
- judicial review of legislative acts in the Supreme Court of Justice;
- accepts compulsory ICJ jurisdiction, with reservations
Executive branch
- chief of state:
- President Martin TORRIJOS Espino (since 1 September 2004);
- First Vice President Samuel LEWIS Navarro (since 1 September 2004);
- Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004);
- note - the president is both the chief of state and head of government
- head of government:
- President Martin TORRIJOS Espino (since 1 September 2004);
- First Vice President Samuel LEWIS Navarro (since 1 September 2004);
- Second Vice President Ruben AROSEMENA Valdes (since 1 September 2004);
- note - the president is both the chief of state and head of government
- cabinet:
- Cabinet appointed by the president
- elections:
- president and vice presidents elected on the same ticket by popular vote for five-year terms;
- election last held 2 May 2004 (next to be held 3 May 2009);
- note - beginning in 2009, Panama will have only one vice president.
- election results:
- Martin TORRIJOS Espino elected president;
- percent of vote - Martin TORRIJOS Espino 47.5%, Guillermo ENDARA Galimany 30.6%, Jose Miguel ALEMAN 17%, Ricardo MARTINELLI 4.9%
note: government coalition - PRD (Democratic Revolutionary Party), PP (Popular Party)
Legislative branch
unicameral National Assembly (formerly called Legislative Assembly) or Asamblea Nacional (78 seats; members are elected by popular vote to serve five-year terms; note - In 2009, the number of seats will change to 71)
- elections:
- last held 2 May 2004 (next to be held 3 May 2009)
- election results:
- percent of vote by party - NA%; seats by party - PRD 40, PA 17, PS 8, MOLIRENA 3, Democratic Change 2, PP 2, PLN 1, other 5
note: legislators from outlying rural districts are chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula
Judicial branch
- Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for 10-year terms);
- five superior courts;
- three courts of appeal
Political parties and leaders
- Democratic Change or CD [Ricardo MARTINELLI];
- Democratic Revolutionary Party or PRD [Martin TORRIJOS];
- National Liberal Party or PLN [Anibal GALINDO];
- Nationalist Republican Liberal Movement or MOLIRENA [Jesus ROSAS];
- Panamenista Party or PA (formerly the Arnulfista Party) [Mireya Elisa MOSCOSO Rodriguez];
- Popular Party or PP (formerly Christian Democratic Party or PDC) [Ruben AROSEMENA];
- Solidarity Party or PS [Jose Raul MULINO]
Political pressure groups and leaders
- Chamber of Commerce;
- National Civic Crusade;
- National Council of Organized Workers or CONATO;
- National Union of Construction and Similar Workers (SUNTRACS);
- National Council of Private Enterprise or CONEP;
- Panamanian Association of Business Executives or APEDE;
- Panamanian Industrialists Society or SIP;
- Workers Confederation of the Republic of Panama or CTRP
International organization participation
FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WCO, WFTU, WHO, WIPO, WMO, WToO, WTO
Diplomatic representation in the US
- chief of mission:
- Ambassador Federico HUMBERT Arias
- chancery:
- 2862 McGill Terrace NW, Washington, DC 20008
- telephone:
- [1] (202) 483-1407
- FAX:
- [1] (202) 483-8416
- consulate(s) general:
- Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Francisco, San Juan (Puerto Rico), Tampa
Diplomatic representation from the US
- chief of mission:
- Ambassador Linda Ellen WATT
- embassy:
- Avenida Balboa and Calle 37, Apartado Postal 0816-02561, Zona 5, Panama City 5
- mailing address:
- American Embassy Panama, Unit 0945, APO AA 34002
- telephone:
- [507] 207-7000
- FAX:
- [507] 227-1964
Flag description
- divided into four, equal rectangles;
- the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red;
- the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center
Economy
40 fieldsGDP - composition by sector(2003 est.)
Trading partnersexports left, imports right
Electricity
Economy - overview
Panama's dollarised economy rests primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in Colon Free Zone and agricultural exports, the global slowdown, and the withdrawal of US military forces held back economic growth in 2000-03.
The government has been backing public works programs, tax reforms, new regional trade agreements, and development of tourism in order to stimulate growth. Unemployment remains at an unacceptably high level.
Labor force
1.19 million note: shortage of skilled labor, but an oversupply of unskilled labor (2003 est.)
Industries
construction, petroleum refining, brewing, cement and other construction materials, sugar milling
Communications
8 fieldsTelephone system
- general assessment:
- domestic and international facilities well developed
- domestic:
- NA
- international:
- country code - 507;
- 1 coaxial submarine cable;
- satellite earth stations - 2 Intelsat (Atlantic Ocean);
- connected to the Central American Microwave System
Transportation
8 fieldsAirports by runway lengthpaved left, unpaved right
Networkskm
Merchant marine
- total:
- 4,833 ships (1,000 GRT or over) 122,960,929 GRT/183,615,337 DWT
- by type:
- barge carrier 3, bulk 1,434, cargo 819, chemical tanker 388, combination bulk 73, combination ore/oil 18, container 613, liquefied gas 190, livestock carrier 3, multi-functional large load carrier 15, passenger 36, passenger/cargo 5, petroleum tanker 514, rail car carrier 1, refrigerated cargo 281, roll on/roll off 125, short-sea/passenger 37, specialized tanker 36, vehicle carrier 242
- foreign-owned:
- Albania 2, Angola 1, Antigua and Barbuda 2, Argentina 7, Australia 11, Austria 1, Bahamas 3, Bangladesh 1, Belgium 5, Belize 4, Brazil 4, British Virgin Islands 8, Cambodia 2, Canada 6, Cayman Islands 1, Chile 13, China 286, Colombia 14, Croatia 3, Cuba 17, Cyprus 6, Denmark 4, Dominican Republic 1, Ecuador 1, Egypt 16, Equatorial Guinea 1, France 7, Germany 89, Greece 549, Haiti 1, Honduras 2, Hong Kong 288, India 22, Indonesia 44, Iran 1, Ireland 2, Israel 4, Italy 7, Japan 1630, Jordan 8, Kenya 1, South Korea 349, Kuwait 1, Latvia 11, Liberia 3, Lithuania 2, Luxembourg 1, Malaysia 12, Malta 1, Marshall Islands 3, Mexico 7, Monaco 29, Netherlands 14, Netherlands Antilles 1, New Zealand 1, Nigeria 6, Norway 86, Oman 1, Pakistan 1, Peru 17, Philippines 41, Poland 12, Portugal 6, Puerto Rico 3, Romania 9, Russia 8, Saint Kitts and Nevis 3, Saint Vincent and the Grenadines 6, Saudi Arabia 6, Singapore 105, South Africa 3, Spain 52, Sri Lanka 3, Sudan 1, Sweden 4, Switzerland 93, Syria 1, Taiwan 348, Thailand 14, Trinidad and Tobago 1, Turkey 12, Ukraine 2, United Kingdom 51, United States 99, Venezuela 4
- registered in other countries:
- 85 (2004 est.)
Military
6 fieldsMilitary branches
an amendment to the Constitution abolished the armed forces, but there are security forces (Panamanian Public Forces or PPF includes the Panamanian National Police, National Maritime Service, and National Air Service)
Military - note
- on 10 February 1990, the government of then President ENDARA abolished Panama's military and reformed the security apparatus by creating the Panamanian Public Forces;
- in October 1994, Panama's Legislative Assembly approved a constitutional amendment prohibiting the creation of a standing military force, but allowing the temporary establishment of special police units to counter acts of "external aggression"
Transnational Issues
2 fieldsIllicit drugs
- major cocaine transshipment point and primary money-laundering center for narcotics revenue;
- money-laundering activity is especially heavy in the Colon Free Zone;
- offshore financial center;
- negligible signs of coca cultivation;
- monitoring of financial transactions is improving;
- official corruption remains a major problem
Cite this entry
Central Intelligence Agency. “Panama.” The World Factbook 2004. Archived by The Factbook, thefactbook.org/panama/2004.