Location: Middle America, between
Colombia and Costa Rica
Map references: Central America
and the Caribbean, South America, Standard Time Zones of the World
Area:
total area 78,200 sq km
land area 75,990
sq km
comparative area slightly smaller than South Carolina
Land boundaries: total 555 km, Colombia 225 km, Costa Rica 330 km
Coastline: 2,490 km
Maritime claims:
territorial sea
200 nm
International disputes: none
Climate:
tropical; 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
Natural resources: copper,
mahogany forests, shrimp
Land use:
arable land
6%
permanent crops 2%
meadows and pastures
15%
forest and woodland 54%
other 23%
Irrigated land: 320 sq km (1989 est.)
Environment:
current issues water pollution from agricultural runoff threatens fishery
resources; deforestation of tropical rain forest; land degradation
natural hazards NA
international agreements party to - Endangered
Species, Hazardous Wastes, Marine Dumping, Nuclear Test Ban, Ozone Layer Protection,
Ship Pollution, Tropical Timber, Wetlands; signed, but not ratified - Biodiversity,
Climate Change, Law of the Sea, Marine Life Conservation
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
Population: 2.63 million (July 1994 est.)
Population growth rate:
1.94% (1994 est.)
Birth rate: 24.61 births/1,000
population (1994 est.)
Death rate: 4.87 deaths/1,000 population
(1994 est.)
Net migration rate: -0.37 migrant(s)/1,000
population (1994 est.)
Infant mortality rate: 16.5 deaths/1,000
live births (1994 est.)
Life expectancy at birth:
total population 74.88 years
male 72.28 years
female
77.62 years (1994 est.)
Total fertility rate: 2.85
children born/woman (1994 est.)
Nationality:
noun
Panamanian(s)
adjective Panamanian
Ethnic divisions:
mestizo (mixed Indian and European ancestry) 70%, West Indian 14%, white
10%, Indian 6%
Religions: Roman Catholic 85%, Protestant
15%
Languages: Spanish (official), English 14%
note many Panamanians bilingual
Literacy: age 15 and
over can read and write (1990 est.)
total population 88%
male 88%
female 88%
Labor force: 921,000
(1992 est.)
by occupation government and community services 31.8%,
agriculture, hunting, and fishing 26.8%, commerce, restaurants, and hotels
16.4%, manufacturing and mining 9.4%, construction 3.2%, transportation and
communications 6.2%, finance, insurance, and real estate 4.3%
note
shortage of skilled labor, but an oversupply of unskilled labor
Names:
conventional long form
Republic of Panama
conventional short form Panama
local long form Republica de Panama
local short form Panama
Digraph: PM
Type: constitutional republic
Capital: 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*, Veraguas
Independence: 3 November 1903 (from
Colombia; became independent from Spain 28 November 1821)
National holiday:
Independence Day, 3 November (1903)
Constitution:
11 October 1972; major reforms adopted April 1983
Legal system:
based on civil law system; judicial review of legislative acts in the
Supreme Court of Justice; accepts compulsory ICJ jurisdiction, with reservations
Suffrage: 18 years of age; universal and compulsory
Executive branch:
chief of state and head of government
President Guillermo ENDARA (since 20 December 1989, elected 7 May 1989); First
Vice President Guillermo FORD Boyd (since 24 December 1992); Second Vice President
(vacant); election last held on 7 May 1989, annulled but later upheld; results
- anti-NORIEGA coalition believed to have won about 75% of the total votes
cast
note a presidential election was held 8 May 1994 (next election
to held on 9 May 1999) with inauguration of the successful candidates to take
place on 1 September 1994; results - President Ernesto PEREZ BALLADARES Gonzales,
First Vice President Tomas Altamirano DUQUE, and Second Vice President Felipe
VIRZI were elected; percent of vote for president - BALLADARES 33%, DE GRUBER
29%, BLADES 17%
cabinet Cabinet; appointed by the president
Legislative branch: unicameral
National Assembly (Asamblea Nacional)
elections held on 27 January 1991; results - percent of vote by party
NA; seats - (67 total)
progovernment parties PDC 28, MOLIRENA
15, PA 8, PLA 4
opposition parties PRD 10, PALA 1, PL 1; note
- the PDC went into opposition after President Guillermo ENDARA ousted the
PDC from the coalition government in April 1991; an election of members of
the National Assembly was held on 8 May 1994 (next election to be held on
9 May 1999) and they will take their seats on 1 September 1994; results -
percent of vote and seats won by party NA
Judicial branch:
Supreme Court of Justice (Corte Suprema de Justicia), 5 superior courts,
3 courts of appeal
Political parties and leaders:
government alliance Nationalist Republican Liberal Movement (MOLIRENA),
Alfredo RAMIREZ; Authentic Liberal Party (PLA), Arnulfo ESCALONA; Arnulfista
Party (PA), Mireya MOSCOSO DE GRUBER
other parties Christian Democratic
Party (PDC), Raul OSSA; Democratic Revolutionary Party (PRD), Gerardo GONZALEZ;
Agrarian Labor Party (PALA), Nestor Tomas GUERRA; Liberal Party (PL), Roberto
ALEMAN Zubieta; Doctrinaire Panamenista Party (PPD), Jose Salvador MUNOZ;
Papa Egoro Movement, Ruben BLADES; Civic Renewal Party (PRC), Tomas HERRERA;
National Integration Movement (MINA), Arrigo GUARDIA; National Unity Mission
Party (MUN), Jose Manuel PAREDES; Solidarity Party (CPS), Samuel LEWIS GALINDO
note following the elections of 8 May 1994 the following realignment of
political parties took place
governing coalition Democratic Revolutionary
Party (PRD), Gerardo GONZALEZ; Liberal Republican Party (PLR), Rodolfo CHIARI;
Labor Party (PALA), Carlos Lopez GUEVARA; Solidarity Party (PS),Samuel LEWIS
GALINDO
other parties Nationalist Republican Liberal Movement
(MOLIRENA), Alfredo RAMIREZ; Authentic Liberal Party (PLA), Arnulfo ESCOLONA;
Arnulfista Party (PA), Mireya Moscoso DE GRUBER; Christian Democratic Party
(PDC), Raul OSSA; Liberal Party (PL), Roberto ALEMAN Zubieta; Papa Egoro Movement,
Ruben BLADES; Civic Renewal Party (PRC), Tomas HERRERA; National Unity Mission
Party (MUN), Jose Manuel PAREDES
Other political or pressure groups:
National Council of Organized Workers (CONATO); National Council of Private
Enterprise (CONEP); Panamanian Association of Business Executives (APEDE);
National Civic Crusade; Chamber of Commerce; Panamanian Industrialists Society
(SIP); Workers Confederation of the Republic of Panama (CTRP)
Member of: AG (associate), CG, ECLAC, FAO, G-77, IADB, IAEA, IBRD, ICAO,
ICFTU, IDA, IFAD, IFC, ILO, IMF, IMO, INMARSAT, INTELSAT, INTERPOL, IOC, IOM,
ITU, LAES, LAIA (observer), LORCS, NAM, OAS, OPANAL, PCA, UN, UNCTAD, UNESCO,
UNIDO, UPU, WCL, WFTU, WHO, WIPO, WMO, WTO
Diplomatic representation in US:
chief of mission Ambassador Jaime FORD Boyd (to be replaced
by Ambassador Ricardo Alberto ARIAS on 1 September 1994)
chancery
2862 McGill Terrace NW, Washington, DC 20008
telephone (202)
483-1407
consulate(s) general Atlanta, Houston, Miami, New Orleans,
New York, San Francisco, San Juan (Puerto Rico), Tampa,
US diplomatic representation:
chief of mission (vacant)
embassy Avenida Balboa
and Calle 38, Apartado 6959, Panama City 5
mailing address American
Embassy Panama, Unit 0945; APO AA 34002
telephone (507) 27-1777
FAX (507) 27-1964
Flag: 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
Overview: GDP expanded by roughly 5.9% in
1993, following growth of 8% in 1992; banking and financial services led the
way in 1993. The economy thus continues to recover from the crisis that preceded
the ouster of Manuel NORIEGA, even though the government's structural adjustment
program has been hampered by a lack of popular support and a passive administration.
Public investment has been limited as the administration has kept the fiscal
deficit below 2% of GDP. Unemployment and economic reform are the two major
issues the new government must face in 1994-95.
National product:
GDP - purchasing power equivalent - $11.6 billion (1993 est.)
National product real growth rate: 5.9% (1993 est.)
National product per capita:
$4,500 (1993 est.)
Inflation rate (consumer prices):
1% (1993 est.)
Unemployment rate: 12.5% (1993 est.)
Budget:
revenues $1.8 billion
expenditures
$1.9 billion, including capital expenditures of $200 million (1992 est.)
Exports: $545 million (f.o.b., 1993 est.)
commodities bananas
43%, shrimp 11%, sugar 4%, clothing 5%, coffee 2%
partners US
38%, EC, Central America and Caribbean
Imports: $2.5 billion
(f.o.b., 1993 est.)
commodities capital goods 21%, crude oil 11%,
foodstuffs 9%, consumer goods, chemicals
partners US 35%, EC,
Central America and Caribbean, Japan
External debt: $6.1
billion (year-end 1993 est.)
Industrial production: growth
rate 7% (1993 est.); accounts for about 9% of GDP
Electricity:
capacity 1,584,000 kW
production 4.36 trillion
kWh
consumption per capita 720 kWh (1992)
Industries:
manufacturing and construction activities, petroleum refining, brewing,
cement and other construction material, sugar milling
Agriculture:
accounts for 10% of GDP (1992 est.), 27% of labor force (1992); crops
- bananas, rice, corn, coffee, sugarcane; livestock; fishing; importer of
food grain, vegetables
Illicit drugs: major cocaine transshipment
point and drug money laundering center
Economic aid:
recipient US commitments, including Ex-Im (FY70-89), $516 million; Western
(non-US) countries, ODA and OOF bilateral commitments (1970-89), $582 million;
Communist countries (1970-89), $4 million
Currency: 1
balboa (B) = 100 centesimos
Exchange rates: balboas (B)
per US$1 - 1.000 (fixed rate)
Fiscal year: calendar year
Railroads: 238 km total;
78 km 1.524-meter gauge, 160 km 0.914-meter gauge
Highways:
total 8,530 km
paved 2,745 km
unpaved
gravel, crushed stone 3,270 km; improved, unimproved earth 2,515 km
Inland waterways: 800 km navigable by shallow draft vessels;
82 km Panama Canal
Pipelines: crude oil 130 km
Ports: Cristobal, Balboa, Colon
Merchant marine:
3,405 ships (1,000 GRT or over) totaling 56,011,824 GRT/89,516,566 DWT, barge
carrier 1, bulk 717, cargo 1,110, chemical tanker 181, combination bulk 31,
combination ore/oil 24, container 215, liquefied gas 127, livestock carrier
9, multifunction large-load carrier 5, oil tanker 437, passenger 22, passenger-cargo
3, refrigerated cargo 287, roll-on/roll-off cargo 67, short-sea passenger
30, specialized tanker 10, vehicle carrier 129
note all but 30
are foreign owned and operated; the top 4 foreign owners are Japan 34%, Greece
8%, Hong Kong 7%, and Taiwan 5%; other foreign owners include China at least
144 ships, Vietnam 3, Croatia 6, Cuba 4, Cyprus 4, and Russia 41
Airports:
total 118
usable 109
with permanent-surface runways
38
with runways over 3,659 m 0
with runways 2,440-3,659 m
2
with runways 1,220-2,439 m 15
Telecommunications:
domestic and international facilities well developed; connection into
Central American Microwave System; 220,000 telephones; broadcast stations
- 91 AM, no FM, 23 TV; 1 coaxial submarine cable; satellite ground stations
- 2 Atlantic Ocean INTELSAT
Branches: Panamanian Public Forces (PPF) includes the National Police,
Maritime Service, National Air Service, Institutional Protective Service;
Judicial Technical Police operate under the control of Panama's judicial branch
Manpower availability: males age 15-49 686,479; fit for
military service 471,780
Defense expenditures: expenditures
for the Panamanian security forces amounted to $138.5 million, 1.0% of GDP
(1993 est.)