Panama

Republic of PanamaRepublica de Panama

constitutional democracyIndependence 3 November 1903 (from Colombia

Panama as the 2015 edition of the CIA World Factbook published it: 168 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalPanama City, UTC-5
Position9 00 N, 80 00 W
Area75,420 sq km
LocationCentral America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Populationas each edition published it
3.66 million July 2015 est. · 2.43m in 1990
Population growth% a year
1.32% 2015 est. · 1.98% in 1993
Median ageyears
28.6 years 2015 est. · 25.6 yrs in 2003
Life expectancyyears at birth
78.47 years 2015 est. · 74.56 yrs in 1993
Fertility ratechildren per woman
2.35 children per woman 2015 est. · 3.1 in 1990
Infant mortalitydeaths per 1,000 live births
10.41 deaths per 1,000 live births 2015 est. · 22 in 1990
GDP per capitaeach edition's own dollars
$19,500 2014 est. · $2,400 in 1993
GDP real growth% a year
6.2% 2014 est. · 8% in 1993

Introduction

1 field

Background

Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. 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.

In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. 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 transferred to Panama by the end of 1999.

In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2016.

Geography

Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica

20 fields
Area
75,420sq km
land: 74,340 sq kmwater: 1,080 sq kmcountry comparison to the world: 118slightly smaller than South Carolina
Coastline
2,490km
territorial sea: 12 nmcontiguous zone: 24 nmexclusive economic zone: 200 nm or edge of continental margin
Highest point
3,475m
Volcan Barulowest point: Pacific Ocean 0 m
Land boundaries
687km
border countries (2): Colombia 339 km, Costa Rica 348 km

Location

Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica

Geographic coordinates

9 00 N, 80 00 W

Map references

Central America and the Caribbean

Climate

  • tropical maritime;
  • hot, humid, cloudy;
  • prolonged rainy season (May to January), short dry season (January to May)

Terrain

interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills

Natural resources

copper, mahogany forests, shrimp, hydropower

Land use

agricultural land:
30.5%;
  • arable land 7.3%;
  • permanent crops 2.5%;
  • permanent pasture 20.7%
forest:
43.6%
other:
25.9% (2011 est.)

Irrigated land

346.2 sq km (2003)

Freshwater withdrawal (domestic/industrial/agricultural)

total:
0.91 cu km/yr (27%/2%/71%)
per capita:
296.1 cu m/yr (2005)

Natural hazards

occasional severe storms and forest fires in the Darien area

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, Environmental Modification, 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 and Society

36 fields

Age structuremale left, female right · (2015 est.)

133,930
65 and over7.95%
156,959
136,506
55-647.55%
139,513
745,309
25-5440.24%
726,211
320,329
15-2417.2%
308,717
505,079
0-1427.06%
484,471
MaleFemaleDependency ratios: total dependency ratio: 53.4% · youth dependency ratio: 41.7% · elderly dependency ratio: 11.7% · potential support ratio: 8.5% (2015 est.)
Population
3,657,024
(July 2015 est.)country comparison to the world: 131growth rate: 1.32% (2015 est.)country comparison to the world: 91

Per 1,000 population(2015 est.)

Birth
18.32Death
4.81Net migration
-0.28

Male · female

TotalMale · femaleLife expectancy years (2015 est.)78.47
75.67 · 81.39Infant mortality deaths/1,000 live births (2015 est.)10.41
11.16 · 9.63Literacy (2015 est.)95%
95.7% · 94.4%
TotalMale · femaleMedian age years (2015 est.)28.6
28.2 · 29School life expectancy years (2012)13
13 · 14Youth unemployment ages 15-24 (2012 est.)10.3%
8.7% · 13.3%
MaleFemaleLife expectancy country comparison to the world: 56 · Infant mortality country comparison to the world: 134 · Literacy definition: age 15 and over can read and write · Youth unemployment ages 15-24 country comparison to the world: 99

Ethnic groups(2010 est.)

mestizo (mixed Amerindian and white) 65%Native American 12.3% (Ngabe 7.6%, Kuna 2.4%, Embera .9%, Bugle .8%, other .4%, unspecified .2%)black or African descent 9.2%mulatto 6.8%white 6.7% (2010 est.)
Urban population
66.6%of total population
(2015)rate of urbanization: 2.07% annual rate of change (2010-15 est.)Major urban areas - population: PANAMA CITY (capital) 1.673 million (2015)
Improved drinking water
94.7%of population
urban: 97.7% of populationrural: 86.6% of populationurban: 2.3% of populationrural: 11.4% of populationtotal: 5.3% of population (2015 est.)
Improved sanitation
75%of population
urban: 83.5% of populationrural: 58% of populationurban: 16.5% of populationrural: 42% of populationtotal: 25% of population (2015 est.)
Obesity - adult prevalence rate
26.5%
(2014)country comparison to the world: 55

Nationality

noun:
Panamanian(s)
adjective:
Panamanian

Languages

Spanish (official), indigenous languages (including Ngabe, Bugle, Kuna, Embera, Wounaan, Naso Tjerdi, and Bri Bri) note: many Panamanians are bilingual

Religions

Roman Catholic 85%, Protestant 15%

Demographic profile

Panama is a country of demographic and economic contrasts. It is in the midst of a demographic transition, characterized by steadily declining rates of fertility, mortality, and population growth, but disparities persist based on wealth, geography, and ethnicity. Panama has one of the fastest growing economies in Latin America and dedicates substantial funding to social programs, yet poverty and inequality remain prevalent.

The indigenous population accounts for a growing share of Panama's poor and extreme poor, while the non-indigenous rural poor have been more successful at rising out of poverty through rural-to-urban labor migration. The government's large expenditures on untargeted, indirect subsidies for water, electricity, and fuel have been ineffective, but its conditional cash transfer program has shown some promise in helping to decrease extreme poverty among the indigenous population.

Panama has expanded access to education and clean water, but the availability of sanitation and, to a lesser extent, electricity remains poor. The increase in secondary schooling - led by female enrollment - is spreading to rural and indigenous areas, which probably will help to alleviate poverty if educational quality and the availability of skilled jobs improve.

Inadequate access to sanitation contributes to a high incidence of diarrhea in Panama's children, which is one of the main causes of Panama's elevated chronic malnutrition rate, especially among indigenous communities.

Sex ratio

at birth:
1.05 male(s)/female
0-14 years:
1.04 male(s)/female
15-24 years:
1.04 male(s)/female
25-54 years:
1.03 male(s)/female
55-64 years:
0.98 male(s)/female
65 years and over:
0.85 male(s)/female
total population:
1.01 male(s)/female (2015 est.)

Total fertility rate

2.35 children born/woman (2015 est.) country comparison to the world: 86

Health expenditures

7.2% of GDP (2013) country comparison to the world: 64

Physicians density

1.65 physicians/1,000 population (2013)

Hospital bed density

2.2 beds/1,000 population (2011)

HIV/AIDS - adult prevalence rate

0.65% (2014 est.) country comparison to the world: 58

HIV/AIDS - people living with HIV/AIDS

15,500 (2013 est.) country comparison to the world: 88

HIV/AIDS - deaths

600 (2014 est.) country comparison to the world: 81

Major infectious diseases

degree of risk:
intermediate
food or waterborne diseases:
bacterial diarrhea
vectorborne disease:
dengue fever (2013)

Children under the age of 5 years underweight

3.9% (2008) country comparison to the world: 99

Education expenditures

3.3% of GDP (2011) country comparison to the world: 122

Child labor - children ages 5-14

total number:
59,294
percentage:
7%

note: data represents children ages 5-17 (2010 est.)

Government

Constitutional democracy; President Juan Carlos VARELA (since 1 July 2014); President Ricardo MARTINELLI Berrocal (since 1 July 2009)

21 fields

Presidential electionpercent of vote

39.1%
Juan Carlos VARELA (PP) 39.1%Jose Domingo ARIAS (CD) 31.4%Juan Carlos NAVARRO (PRD) 28.2%other 1.3%election last held on 4 May 2014; next to be held in 2019)

National Assembly or Asamblea Nacional, 71 seats, elected 4 May 2014one dot, one seat

PRD 26CD 25Panamenista 16MOLIRENA 2PP 1independent 1

Country name

conventional long form:
Republic of Panama
conventional short form:
Panama
local long form:
Republica de Panama
local short form:
Panama

Government type

constitutional democracy

Capital

name:
Panama City
geographic coordinates:
8 58 N, 79 32 W
time difference:
UTC-5 (same time as Washington, DC, during Standard Time)

Administrative divisions

  • 10 provinces (provincias, singular - provincia) and 3 indigenous territories* (comarcas);
  • Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Embera-Wounaan*, Herrera, Kuna Yala*, Los Santos, Ngobe-Bugle*, Panama, Panama Oeste, Veraguas

Independence

3 November 1903 (from Colombia; became independent from Spain on 28 November 1821)

National holiday

Independence Day, 3 November (1903)

Constitution

  • several previous;
  • latest effective 11 October 1972;
  • amended several times, last in 2004 (2010)

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

Suffrage

18 years of age; universal

Executive branch

chief of state:
  • President Juan Carlos VARELA (since 1 July 2014);
  • Vice President Isabel de SAINT MALO de Alvarado (since 1 July 2014);
  • note - the president is both chief of state and head of government
head of government:
President Ricardo MARTINELLI Berrocal (since 1 July 2009); Vice President Juan Carlos VARELA Rodriguez (since 1 July 2009)
cabinet:
Cabinet appointed by the president
elections/appointments:
  • president and vice president directly elected on the same ballot by simple majority popular vote for a 5-year term (president eligible for a single non-consecutive term);
  • election last held on 4 May 2014;
  • next to be held in 2019)
election results:
Juan Carlos VARELA elected president; percent of vote - Juan Carlos VARELA (PP) 39.1%, Jose Domingo ARIAS (CD) 31.4%, Juan Carlos NAVARRO (PRD) 28.2%, other 1.3%

note: the ruling government coalition - formerly comprised of CD (Democratic Change), Panamenista Party, MOLIRENA (Nationalist Republican Liberal Movement), and UP (Patriotic Union Party) - split in August 2011 when President MARTINELLI relieved Vice President VARELA from his position as Foreign Minister, prompting the Panamenistas to pull out of the coalition;

UP merged with CD, and CD and the Panamenista Party ran separate candidates for the 2014 presidency

Legislative branch

description:
unicameral National Assembly or Asamblea Nacional (71 seats; 45 members directly elected in multi-seat constituencies - populous towns and cities - by proportional representation vote and 26 directly elected in single-seat constituencies - outlying rural districts - by plurality vote; members serve 5-year terms)
elections:
last held on 4 May 2014 (next to be held in May 2019)
election results:
  • percent of vote by party - NA;
  • seats by party - PRD 26, CD 25, Panamenista 16, MOLIRENA 2, PP 1, independent 1;
  • note - only 57 deputies were officially installed because fourteen runners-up challenged the election

Judicial branch

highest court(s):
Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 magistrates and 9 alternates and divided into civil, criminal, administrative, and general business chambers)
judge selection and term of office:
magistrates appointed by the president for staggered 10-year terms
subordinate courts:
  • appellate courts or Tribunal Superior;
  • Labor Supreme Courts;
  • Court of Audit;
  • circuit courts or Tribunal Circuital (2 each in 9 of the 10 provinces);
  • municipal courts;
  • electoral, family, maritime, and adolescent courts

Political parties and leaders

  • Democratic Change or CD [Ricardo MARTINELLI Berrocal]
  • Democratic Revolutionary Party or PRD [Carlos PEREZ Herrera]
  • Nationalist Republican Liberal Movement or MOLIRENA [Francisco "Pancho" ALEMAN]
  • Panamenista Party [Juan Carlos VARELA Rodriguez] (formerly the Arnulfista Party)
  • Popular Party or PP [Milton C. HENRIQUEZ] (formerly Christian Democratic Party or PDC)

Political pressure groups and leaders

  • Chamber of Commerce
  • Concertacion Nacional (mechanism for Government of Panama to formally dialogue with representatives of civil society)
  • National Council of Organized Workers or CONATO
  • National Council of Private Enterprise or CONEP
  • National Union of Construction and Similar Workers (SUNTRACS)
  • Panamanian Association of Business Executives or APEDE
  • Panamanian Industrialists Society or SIP
  • Workers Confederation of the Republic of Panama or CTRP

International organization participation

BCIE, CAN (observer), CD, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, MIGA, NAM, OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

Diplomatic representation in the US

chief of mission:
Ambassador Emanuel Arturo GONZALEZ-REVILLA Lince (since 18 September 2014)
chancery:
2862 McGill Terrace NW, Washington, DC 20007
telephone:
[1] (202) 483-1407
FAX:
[1] (202) 483-8413
consulate(s) general:
Honolulu, Houston, Miami, New Orleans, New York, Philadelphia, San Diego, Tampa (FL), Washington DC

Diplomatic representation from the US

chief of mission:
Ambassador Jonathan D. FARRAR (since 15 May 2012)
embassy:
Edificio 783, Avenida Demetrio Basilio Lakas Panama, Apartado Postal 0816-02561, Zona 5, Panama City
mailing address:
American Embassy Panama, Unit 0945, APO AA 34002; American Embassy Panama, 9100 Panama City PL, Washington, DC 20521-9100
telephone:
[507] 317-5000
FAX:
[507] 317-5568

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;
  • the blue and red colors are those of the main political parties (Conservatives and Liberals respectively) and the white denotes peace between them;
  • the blue star stands for the civic virtues of purity and honesty, the red star signifies authority and law

National symbol(s)

harpy eagle; national colors: blue, white, red

National anthem

name:
"Himno Istmeno" (Isthmus Hymn)
lyrics/music:
Jeronimo DE LA OSSA/Santos A. JORGE

note: adopted 1925

Economy

40 fields
GDP, purchasing power parity
$76.42billion
(2014 est.) · $71.95 billion (2013 est.) · $66.39 billion (2012 est.)note: data are in 2014 US dollarscountry comparison to the world: 91official exchange rate: $43.78 billion (2014 est.)
GDP per capita, PPP
$19,500
(2014 est.) · $18,300 (2013 est.) · $16,900 (2012 est.)note: data are in 2014 US dollarscountry comparison to the world: 82
Real growth rate
6.2%
(2014 est.) · 8.4% (2013 est.) · 10.7% (2012 est.)country comparison to the world: 24industrial production growth: 8.2% (2014 est.)country comparison to the world: 21
Inflation, consumer prices
2.6%
(2014 est.) · 4% (2013 est.)country comparison to the world: 118

GDP - composition, by sector of origin(2014 est.)

agriculture 2.9%industry 14.1%services 83% (2014 est.)

Trading partnersexports left, imports right

19.8%
US
25.1%
10.7%
Germany
8.5%
China
8.1%
6.7%
Costa Rica
5.2%
Netherlands
4.3%
Vietnam
Mexico
4.2%
Exports $18.07 billion (2014 est.)Imports $25.65 billion (2014 est.)(2014)

By end use% of GDP

Household consumption
52.9%Government consumption
11.3%Fixed capital
28.7%Inventories
5.8%Exports
75.3%Imports
-74%
(2014 est.)

Budget

Revenues
$10.86 billionExpenditures
$12.69 billion (2014 est.)

Economy - overview

Panama's dollar-based economy rests primarily on a well-developed services sector that accounts for more than three-quarters of GDP. Services include operating the Panama Canal, logistics, banking, the Colon Free Trade Zone, insurance, container ports, flagship registry, and tourism.

Economic growth will be bolstered by the Panama Canal expansion project that began in 2007 and is estimated to be completed by 2016 at a cost of $5.3 billion - about 10-15% of current GDP. The expansion project will more than double the Canal's capacity, enabling it to accommodate ships that are too large to traverse the existing canal.

The United States and China are the top users of the Canal. Panama completed a metro system in Panama City, valued at $1.2 billion in 2014. Panama's transportation and logistics services sectors, along with infrastructure development projects, have boosted economic growth; however, public debt surpassed $17 billion in 2014 because of excessive government spending and public works projects.

Foreign direct investment has continued to be a source of growth. Strong economic performance has not translated into broadly shared prosperity, as Panama has the second worst income distribution in Latin America. About one-fourth of the population lives in poverty; however, from 2006 to 2012 poverty was reduced by 10 percentage points.

The US-Panama Trade Promotion Agreement was approved by Congress and signed into law in October 2011, and entered into force in October 2012.

Gross national saving

17.8% of GDP (2014 est.) · 17.8% of GDP (2013 est.) · 18.8% of GDP (2012 est.) country comparison to the world: 87

Agriculture - products

  • bananas, rice, corn, coffee, sugarcane, vegetables;
  • livestock;
  • shrimp

Industries

construction, brewing, cement and other construction materials, sugar milling

Labor force

1.563 million note: shortage of skilled labor, but an oversupply of unskilled labor (2014 est.) country comparison to the world: 128

Labor force - by occupation

agriculture:
17%
industry:
18.6%
services:
64.4% (2009 est.)

Unemployment rate

4.1% (2014 est.) · 4.1% (2013 est.) country comparison to the world: 44

Household income or consumption by percentage share

lowest 10%:
1.1%
highest 10%:
40.1% (2010 est.)

Distribution of family income - Gini index

51.9 (2010 est.) · 56.1 (2003) country comparison to the world: 15

Taxes and other revenues

24.3% of GDP (2014 est.) country comparison to the world: 124

Budget surplus (+) or deficit (-)

-4.1% of GDP (2014 est.) country comparison to the world: 143

Public debt

37.2% of GDP (2014 est.) · 36.8% of GDP (2013 est.) country comparison to the world: 104

Fiscal year

calendar year

Commercial bank prime lending rate

6.6% (31 December 2014 est.) · 6.59% (31 December 2013 est.) country comparison to the world: 127

Stock of narrow money

$6.887 billion (31 December 2014 est.) · $6.347 billion (31 December 2013 est.) country comparison to the world: 91

Stock of broad money

$28.22 billion (31 December 2014 est.) · $25.81 billion (31 December 2013 est.) country comparison to the world: 77

Stock of domestic credit

$40.11 billion (31 December 2014 est.) · $28.83 billion (31 December 2013 est.) country comparison to the world: 67

Market value of publicly traded shares

$12.54 billion (31 December 2012 est.) · $10.68 billion (31 December 2011) · $8.348 billion (31 December 2010 est.) country comparison to the world: 70

Current account balance

-$5.257 billion (2014 est.) · -$4.806 billion (2013 est.) country comparison to the world: 164

Exports

$18.07 billion (2014 est.) · $17.5 billion (2013 est.) note: includes the Colon Free Zone country comparison to the world: 76

Exports - commodities

fruit and nuts, fish, iron and steel waste, wood

Imports

$25.65 billion (2014 est.) · $24.26 billion (2013 est.) note: includes the Colon Free Zone country comparison to the world: 73

Imports - commodities

fuels, machinery, vehicles, iron and steel rods, pharmaceuticals

Reserves of foreign exchange and gold

$3.048 billion (31 December 2014 est.) · $2.848 billion (31 December 2013 est.) country comparison to the world: 109

Debt - external

$15.47 billion (31 December 2014 est.) · $13.88 billion (31 December 2013 est.) country comparison to the world: 94

Stock of direct foreign investment - at home

$39.39 billion (31 December 2014 est.) · $35.69 billion (31 December 2013 est.) country comparison to the world: 59

Stock of direct foreign investment - abroad

$8.34 billion (31 December 2014 est.) · $7.835 billion (31 December 2013 est.) country comparison to the world: 60

Exchange rates

balboas (PAB) per US dollar - 1 (2014 est.) · 1 (2013 est.) · 1 (2012 est.) · 1 (2011 est.) · 1 (2010 est.)

Energy

23 fields

Installed generating capacity, 2.391 million kW(2011 est.)

Fossil fuels 43.5% of total installed capacity (2011 est.)Hydroelectric plants 56.5% of total installed capacity (2011 est.)Nuclear fuels 0% · Other renewable sources 0%
Electricity production
7.642 billion (2011 est.)Electricity consumption
6.626 billion (2011 est.)Electricity exports
59 million (2012 est.)Electricity imports
19 million (2012 est.)Refined petroleum imports
111,100 (2010 est.)Refined petroleum consumption
101,400 (2013 est.)

Crude oil - production

0 bbl/day (2013 est.) country comparison to the world: 208

Crude oil - exports

0 bbl/day (2010 est.) country comparison to the world: 169

Crude oil - imports

0 bbl/day (2010 est.) country comparison to the world: 110

Crude oil - proved reserves

0 bbl (1 January 2010 est.) country comparison to the world: 177

Refined petroleum products - production

0 bbl/day (2010 est.) country comparison to the world: 185

Refined petroleum products - exports

0 bbl/day (2010 est.) country comparison to the world: 208

Natural gas - production

0 cu m (2012 est.) country comparison to the world: 181

Natural gas - consumption

0 cu m (2012 est.) country comparison to the world: 186

Natural gas - exports

0 cu m (2012 est.) country comparison to the world: 162

Natural gas - imports

0 cu m (2012 est.) country comparison to the world: 118

Natural gas - proved reserves

0 cu m (1 January 2014 est.) country comparison to the world: 183

Carbon dioxide emissions from consumption of energy

16.23 million Mt (2012 est.) country comparison to the world: 90

Communications

8 fields

Per 100 inhabitants(2014 est.)

172Mobile cellular
48.4%Internet users, % of population
16Fixed lines
Mobile cellular
6.2 million
(2014 est.)
Internet users
1.7 million
(2014 est.)
Fixed lines
590,000
(2014 est.) · country code .pa

Telephone system

general assessment:
domestic and international facilities well-developed
domestic:
mobile-cellular telephone subscribership has increased rapidly
international:
  • country code - 507;
  • landing point for the Americas Region Caribbean Ring System (ARCOS-1), the MAYA-1, and PAN-AM submarine cable systems that together provide links to the US and parts of the Caribbean, Central America, and South America;
  • satellite earth stations - 2 Intelsat (Atlantic Ocean);
  • connected to the Central American Microwave System (2011)

Broadcast media

  • multiple privately owned TV networks and a government-owned educational TV station;
  • multi-channel cable and satellite TV subscription services are available;
  • more than 100 commercial radio stations (2007)

Radio broadcast stations

AM 101, FM 134, shortwave 0 (1998)

Television broadcast stations

38 (including repeaters) (1998)

Transportation

10 fields

Airports by runway lengthpaved left, unpaved right

1
over 3,047 m
3
2,438 to 3,047 m
3
1,524 to 2,437 m
1
20
914 to 1,523 m
8
30
under 914 m
Paved 57Unpaved 6051 (2013)

Networkskm

Roadways
15,137Railways
77Waterways
800 (2011)
Roadways: paved: 6,351 km · unpaved: 8,786 km (2010) · Railways: standard gauge: 77 km 1.435-m gauge (2014) · Waterways: (includes the 82-km Panama Canal that is being widened)

Airports

117 (2013) country comparison to the world: 49

Heliports

3 (2013)

Pipelines

oil 128 km (2013)

Railways

total:
77 km
standard gauge:
77 km 1.435-m gauge (2014)

country comparison to the world: 129

Roadways

total:
15,137 km
paved:
6,351 km
unpaved:
8,786 km (2010)

country comparison to the world: 122

Waterways

800 km (includes the 82-km Panama Canal that is being widened) (2011) country comparison to the world: 72

Merchant marine

total:
6,413
by type:
barge carrier 1, bulk carrier 2,525, cargo 1,115, carrier 27, chemical tanker 588, combination ore/oil 1, container 742, liquefied gas 205, passenger 42, passenger/cargo 51, petroleum tanker 545, refrigerated cargo 191, roll on/roll off 87, specialized tanker 3, vehicle carrier 290
foreign-owned:
5,151 (Albania 4, Argentina 5, Australia 4, Bahamas 6, Bangladesh 5, Belgium 1, Bermuda 27, Brazil 3, Bulgaria 6, Burma 3, Canada 6, Chile 14, China 534, Colombia 2, Croatia 2, Cuba 2, Cyprus 5, Denmark 41, Ecuador 3, Egypt 11, Finland 2, France 7, Gabon 1, Germany 24, Gibraltar 1, Greece 379, Hong Kong 144, India 24, Indonesia 10, Iran 5, Ireland 1, Israel 1, Italy 25, Japan 2372, Jordan 11, Kuwait 12, Lebanon 2, Lithuania 3, Luxembourg 1, Malaysia 12, Maldives 2, Malta 2, Mexico 5, Monaco 11, Netherlands 6, Nigeria 6, Norway 81, Oman 10, Pakistan 3, Peru 9, Philippines 5, Portugal 10, Qatar 1, Romania 3, Russia 49, Saudi Arabia 11, Singapore 92, South Korea 373, Spain 30, Sweden 2, Switzerland 15, Syria 34, Taiwan 328, Tanzania 2, Thailand 6, Turkey 62, UAE 83, UK 37, Ukraine 8, US 90, Venezuela 13, Vietnam 43, Yemen 4)
registered in other countries:
1 (Honduras 1) (2010)

country comparison to the world: 1

Ports and terminals

major seaport(s):
Balboa, Colon, Cristobal
container port(s) (TEUs):
Balboa (3,232,265), Colon (2,390,976), Manzanillo (2,391,066)

Military

5 fields

Military branches

no regular military forces; Panamanian Public Security Forces (subordinate to the Ministry of Public Security), comprising the National Police (PNP), National Air-Naval Service (SENAN), National Border Service (SENAFRONT) (2013)

Manpower available for military service

males age 16-49: 890,006 (2010 est.)

Manpower fit for military service

males age 16-49:
731,254
females age 16-49:
728,329 (2010 est.)

Manpower reaching militarily significant age annually

male:
32,142
female:
30,879 (2010 est.)

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

4 fields

Disputes - international

organized illegal narcotics operations in Colombia operate within the remote border region with Panama

Refugees and internally displaced persons

refugees (country of origin): 15,551 (Colombia) (2014)

Trafficking in persons

current situation:
  • Panama is a source, transit, and destination country for men, women, and children subjected to sex trafficking and forced labor;
  • most Panamanian victims are sexually exploited domestically;
  • indigenous girls and women are also forced into domestic servitude in the country;
  • foreign women from nearby countries migrate to Panama legally but some are subsequently exploited in sex trafficking or, to a lesser extent, in domestic service;
  • Chinese adults and men from neighboring countries are subjected to debt bondage, while Colombian and Middle Eastern men are used as forced labor in restaurants
tier rating:
  • Tier 2 Watch List – Panama does not fully comply with the minimum standards for the elimination of trafficking;
  • however, it is making significant efforts to do so;
  • several public awareness events were conducted in 2013, but the government did not demonstrate overall increasing anti-trafficking efforts;
  • authorities did not report whether any internal sex trafficking or forced labor involving the movement of victims was investigated or prosecuted in 2013;
  • many officials lack an understanding of human trafficking;
  • fewer trafficking victims were identified and assisted in 2013;
  • victim assistance mechanisms required by Panamanian law were not implemented (2014)

Illicit 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 2015. Archived by The Factbook, thefactbook.org/panama/2015.