Where is Panama?

Panama is a North American country covering 75,420.00 km2 of which 1.43% is water and 74,340.00 km2 is land. This makes it the 120th largest country in the world and slightly smaller than South Carolina. Its geographic coordinates are 9 00 N, 80 00 W and Panama City is the capital city.

Panama has a 687.00 km border with Colombia (339 km) and Costa Rica (348 km). Organized illegal narcotics operations operate within the remote border region between Panama and Colombia.

The name Panama comes from a former indigenous fishing village.

Its ISO code is PA.

Geography

It is located in Central America. Panama has a mean elevation of 360 m above sea level.

It has a tropical climate with northwest monsoons from December to March and southeast monsoons from May to October. Its terrain consists of steep, rugged mountains and coastal plains with rolling hills.

Population

Panama has a population of 3,705,246 making it the 130th largest in the world. The majority of the population can be found near the center of the country.

Spanish is the official language. The major ethnic groups reported are mestizo and Native American. The majority of the country identifies as Roman Catholic.

The dialing code for the country is 507.

Government

Panama is an independent country. It gained independence from Spain in 1821 and from Colombia in 1903. Its constitution was last ratified in 1972.

Economy

Factoring in Purchasing Power Parity, Panama's GDP is $93,120,000,000.00 (USD) with $22,800.00 (USD) per capita. This makes it the 85th largest economy and its citizens the 76th richest in the world. The currency of Panama is the Balboa (PAB).

Its major export partners are the United States, Germany, and Costa Rica. Its main exports are fruit and nuts, fish, iron and steel waste, and wood. Its major import partners are the United States, China, and Mexico. Its major imports include fuels, machinery, vehicles, iron and steel rods.