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| República de Panamá (Spanish)Republic of Panama | ||||||
|---|---|---|---|---|---|---|
| ||||||
| Motto: "Pro Mundi Beneficio" (Latin) "For Worldly Benefit" | ||||||
| Anthem: Himno Istmeño (Spanish) | ||||||
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| Capital (and largest city) | Panama City 8°58′N, 79°32′W | |||||
| Official languages | Spanish | |||||
| Demonym | Panamanian | |||||
| Government | Constitutional Democracy | |||||
| - | President | Martin Torrijos | ||||
| - | Vice President | Samuel Lewis Navarro | ||||
| - | Vice President | Rubén Arosemena | ||||
| Independence | ||||||
| - | from Spain | 28 November 1821 | ||||
| - | from Colombia | 3 November 1903 | ||||
| Area | ||||||
| - | Total | 75,517 km² (118th) 29,157 sq mi | ||||
| - | Water (%) | 2.9 | ||||
| Population | ||||||
| - | Dec 2006 estimate | 3,320,000 (133rd) | ||||
| - | May 2000 census | 2,839,177 | ||||
| - | Density | 43/km² (156th) 111/sq mi | ||||
| GDP (PPP) | 2006 estimate | |||||
| - | Total | $31.411 billion (103rd) | ||||
| - | Per capita | $9,000 (83rd) | ||||
| Gini (2002) | 48.5 | |||||
| HDI (2007) | â–˛ 0.812 (high) (62nd) | |||||
| Currency | Balboa, U.S. dollar ( PAB, USD) | |||||
| Time zone | (UTC-5) | |||||
| - | Summer (DST) | (UTC-5) | ||||
| Internet TLD | .pa | |||||
| Calling code | +507 | |||||
Panama, officially the Republic of Panama (Spanish: República de Panamá; IPA: ), is the southernmost country of Central America. Situated on an isthmus, some categorize it as a transcontinental nation connecting the north and south part of America. It borders Costa Rica to the north-west, Colombia to the south-east, the Caribbean Sea to the north and the Pacific Ocean to the south. It is an international business center and is also a transit country. In Central America, it is the most industrialized country. Although Panama is also the 3rd largest economy in Central America, after Guatemala and Costa Rica, it has by far the most developed economy and has the largest expenditure on resource consumption, making the country the largest consumer in Central America.
he islands of the Bocas del Toro Archipelago have been called the Galapagos of the Caribbean. They are located in the extreme western part of the country, only 25 miles from the Republic of Costa Rica. This Archipelago has the perfect combination of historical and cultural traditions, with a charming variety of aquatic species, coral reefs...
A place for the investment in real estate, surrounded of forest, sea and beach on the Panamanian Caribbean, close to Costa Rica.
International property hotspots that savvy investors should be on the lookout in 2007. Property Frontiers' suggest we should look at Eastern European countries such as Poland Slovakia, Slovenia and the Baltic states. In Asia China, Thailand, Malaysia, Vietnam & Japan. In Central America Panama, Costa Rica & Brazil, the Caribbean Grenada & St Lucia