Academia El Mundo Hispano / Spanish
World Academy
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Panama |
Introduction |
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Background: |
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.
Panama City |
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Panama |
Geography |
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Location: |
Middle America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica |
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Geographic coordinates: |
9 00 N, 80 00 W |
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Map references: |
Central America and the Caribbean |
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Area: |
total: 78,200 sq km |
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Area - comparative: |
slightly smaller than South Carolina |
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Land boundaries: |
total: 555 km |
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Coastline: |
2,490 km |
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Maritime claims: |
contiguous
zone: 24 NM
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Climate: |
tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May) |
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Terrain: |
interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills |
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Elevation extremes: |
lowest
point:
Pacific Ocean 0 m |
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Natural resources: |
copper, mahogany forests, shrimp, hydropower |
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Land use: |
arable
land: 7% |
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Irrigated land: |
320 sq km (1993 est.) |
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Natural hazards: |
NA |
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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 |
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Environment - international agreements: |
party
to:
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification,
Endangered Species, Hazardous Wastes, Law of the Sea, Marine Dumping, Nuclear
Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 83,
Tropical Timber 94, Wetlands |
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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
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Panama |
People |
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Population: |
2,845,647 (July 2001 est.) |
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Age structure: |
0-14
years:
30.13% (male 436,661; female 420,625) |
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Population growth rate: |
1.3% (2001 est.) |
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Birth rate: |
19.06 births/1,000 population (2001 est.) |
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Death rate: |
4.95 deaths/1,000 population (2001 est.) |
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Net migration rate: |
-1.1 migrant(s)/1,000 population (2001 est.) |
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Sex ratio: |
at
birth: 1.04
male(s)/female |
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Infant mortality rate: |
20.18 deaths/1,000 live births (2001 est.) |
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Life expectancy at birth: |
total
population:
75.68 years |
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Total fertility rate: |
2.27 children born/woman (2001 est.) |
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HIV/AIDS - adult prevalence rate: |
1.54% (1999 est.) |
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HIV/AIDS - people living with HIV/AIDS: |
24,000 (1999 est.) |
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HIV/AIDS - deaths: |
1,200 (1999 est.) |
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Nationality: |
noun: Panamanian(s) |
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Ethnic groups: |
mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6% |
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Religions: |
Roman Catholic 85%, Protestant 15% |
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Languages: |
Spanish
(official), English 14% |
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Literacy: |
definition: age 15 and over can read and
write
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Panama |
Government |
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Country name: |
conventional
long form:
Republic of Panama |
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Government type: |
constitutional democracy |
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Capital: |
Panama |
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Administrative divisions: |
9 provinces (provincias, singular - provincia) and one territory* (comarca); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Herrera, Los Santos, Panama, San Blas*, and Veraguas |
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Independence: |
3 November 1903 (from Colombia; became independent from Spain 28 November 1821) |
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National holiday: |
Independence Day, 3 November (1903) |
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Constitution: |
11 October 1972; major reforms adopted 1978, 1983 and 1994 |
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Legal system: |
based on civil law system; judicial review of legislative acts in the Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations |
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Suffrage: |
18 years of age; universal and compulsory |
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Executive branch: |
chief
of state:
President Mireya Elisa MOSCOSO Rodriguez (since 1 September 1999); First Vice
President Arturo Ulises VALLARINO (since 1 September 1999); Second Vice
President Dominador "Kaiser" Baldonero BAZAN Jimenez (since 1
September 1999); note - the president is both the chief of state and head of
government |
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Legislative branch: |
unicameral
Legislative Assembly or Asamblea Legislativa (71 seats; members are elected
by popular vote to serve five-year terms) |
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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 |
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Political parties and leaders: |
Arnulfista Party or PA [Mireya Elisa MOSCOSO Rodriguez]; Christian Democratic Party or PDC [Ruben AROSEMENA]; Civic Renewal Party or PRC [Serguei DE LA ROSA]; Democratic Change [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Martin TORRIJOS]; National Liberal Party or PLN [Raul ARANGO Gasteazopo]; National Renovation Movement or MORENA [Pedro VALLARINO Cox]; Nationalist Republican Liberal Movement or MOLIRENA [Ramon MORALES]; Solidarity Party or PS [Samuel LEWIS Galindo] |
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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 |
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International organization participation: |
CCC, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICFTU, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO, ITU, LAES, LAIA (observer), NAM, OAS, OPANAL, OPCW, PCA, RG, UN, UNCTAD, UNESCO, UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WToO, WTrO |
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Diplomatic representation in the US: |
chief
of mission:
Ambassador Alfredo BOYD |
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Diplomatic representation from the US: |
chief
of mission:
Ambassador (vacant); Charge d'Affaires Frederick A. BECKER |
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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
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Panama |
Economy |
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Economy - overview: |
Panama's economy is based primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. A slump in Colon Free Zone and agricultural exports, high oil prices, and the withdrawal of US military forces held back economic growth in 2000. The government plans public works programs, tax reforms, and new regional trade agreements in order to stimulate growth in 2001. |
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GDP: |
purchasing power parity - $16.6 billion (2000 est.) |
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GDP - real growth rate: |
2.5% (2000 est.) |
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GDP - per capita: |
purchasing power parity - $6,000 (2000 est.) |
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GDP - composition by sector: |
agriculture: 7% |
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Population below poverty line: |
37% (1999 est.) |
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Household income or consumption by percentage share: |
lowest
10%: 1.2% |
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Inflation rate (consumer prices): |
1.8% (2000 est.) |
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Labor force: |
1.1
million (2000 est.) |
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Labor force - by occupation: |
agriculture 20.8%, industry 18%, services 61.2% (1995 est.) |
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Unemployment rate: |
13% (2000 est.) |
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Budget: |
revenues: $2.8 billion |
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Industries: |
construction, petroleum refining, brewing, cement and other construction materials, sugar milling |
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Industrial production growth rate: |
2% (2000 est.) |
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Electricity - production: |
4.413 billion kWh (1999) |
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Electricity - production by source: |
fossil
fuel:
27.78% |
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Electricity - consumption: |
4.049 billion kWh (1999) |
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Electricity - exports: |
95 million kWh (1999) |
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Electricity - imports: |
40 million kWh (1999) |
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Agriculture - products: |
bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp |
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Exports: |
$5.7 billion (f.o.b., 2000 est.) |
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Exports - commodities: |
bananas, shrimp, sugar, coffee, clothing |
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Exports - partners: |
US 42%, Germany 11%, Costa Rica 5%, Benelux 4%, Italy 4% (1999) |
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Imports: |
$6.9 billion (f.o.b., 2000 est.) |
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Imports - commodities: |
capital goods, crude oil, foodstuffs, consumer goods, chemicals |
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Imports - partners: |
US 39%, Colon Free Zone 14%, Japan 8%, Ecuador 6%, Mexico 5% (1999) |
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Debt - external: |
$7.56 billion (2000 est.) |
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Economic aid - recipient: |
$197.1 million (1995) |
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Currency: |
balboa (PAB); US dollar (USD) |
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Currency code: |
PAB; USD |
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Exchange rates: |
balboas per US dollar - 1.000 (fixed rate) |
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Fiscal year: |
calendar
year
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Panama |
Communications |
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Telephones - main lines in use: |
396,000 (1997) |
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Telephones - mobile cellular: |
17,000 (1997) |
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Telephone system: |
general
assessment:
domestic and international facilities well developed |
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Radio broadcast stations: |
AM 101, FM 134, shortwave 0 (1998) |
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Radios: |
815,000 (1997) |
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Television broadcast stations: |
38 (including repeaters) (1998) |
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Televisions: |
510,000 (1997) |
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Internet country code: |
.pa |
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Internet Service Providers (ISPs): |
6 (2000) |
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Internet users: |
45,000
(2000)
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Panama |
Transportation |
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Railways: |
total: 355 km |
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Highways: |
total: 11,592 km |
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Waterways: |
882 km |
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Pipelines: |
crude oil 130 km (2001) |
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Ports and harbors: |
Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte |
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Merchant marine: |
total: 4,711 ships (1,000 GRT or over)
totaling 111,515,984 GRT/169,655,363 DWT |
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Airports: |
107 (2000 est.) |
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Airports - with paved runways: |
total: 42 |
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Airports - with unpaved runways: |
total: 65
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Panama |
Military |
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Military 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) |
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Military manpower - availability: |
males age 15-49: 775,966 (2001 est.) |
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Military manpower - fit for military service: |
males age 15-49: 530,916 (2001 est.) |
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Military expenditures - dollar figure: |
$128 million (FY99) |
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Military expenditures - percent of GDP: |
1.3% (FY99) |
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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"
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Panama |
Transnational Issues |
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Disputes - international: |
none |
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Illicit drugs: |
major
cocaine transshipment point and major drug money-laundering center; no recent
signs of coca cultivation; monitoring of financial transactions is improving;
official corruption remains a major problem; Panama was cited by the
Financial Action Task Force (FATF) an international organization that
includes the US Government, for its lack of cooperation in the fight against
international money laundering
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