Panama

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 that was named the Republic of Gran Colombia. When the union 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 known as the Panama Canal Zone on either side of the structure. The US Army Corps of Engineers built the Panama Canal 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, Panamanian 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. An ambitious expansion project to more than double the Canal's capacity by allowing for more Canal transits and larger ships was carried out between 2007 and 2016.

land

74,340 sq km

total

75,420 sq km

water

1,080 sq km

slightly smaller than South Carolina

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

2,490 km

highest point

Volcan Baru 3,475 m

lowest point

Pacific Ocean 0 m

mean elevation

360 m

9 00 N, 80 00 W

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

407 sq km (2020)

border countries

Colombia 339 km; Costa Rica 348 km

total

687 km

agricultural land

30.5% (2018 est.)

agricultural land: arable land

arable land: 7.3% (2018 est.)

agricultural land: permanent crops

permanent crops: 2.5% (2018 est.)

agricultural land: permanent pasture

permanent pasture: 20.7% (2018 est.)

forest

43.6% (2018 est.)

other

25.9% (2018 est.)

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

salt water lake(s)

Laguna de Chiriqui - 900 sq km

Central America and the Caribbean

contiguous zone

24 nm

exclusive economic zone

200 nm or edge of continental margin

territorial sea

12 nm

occasional severe storms and forest fires in the Darien area

copper, mahogany forests, shrimp, hydropower

population is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabited

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

0-14 years

25% (male 574,336/female 544,180)

15-64 years

64.8% (male 1,465,907/female 1,433,023)

65 years and over

10.1% (2024 est.) (male 211,014/female 241,781)

beer

5.29 liters of pure alcohol (2019 est.)

other alcohols

0.02 liters of pure alcohol (2019 est.)

spirits

1.2 liters of pure alcohol (2019 est.)

total

6.54 liters of pure alcohol (2019 est.)

wine

0.02 liters of pure alcohol (2019 est.)

17.4 births/1,000 population (2024 est.)

3% (2019)

50.8% (2014/15)

9.7% of GDP (2020)

58.6% (2023 est.)

5.7 deaths/1,000 population (2024 est.)

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.

elderly dependency ratio

13.2

potential support ratio

7.6 (2021 est.)

total dependency ratio

53.8

youth dependency ratio

40.6

improved: rural

rural: 88.1% of population

improved: total

total: 96.2% of population

improved: urban

urban: 100% of population

unimproved: rural

rural: 11.9% of population

unimproved: total

total: 3.8% of population (2020 est.)

unimproved: urban

urban: 0% of population

3.9% of GDP (2020 est.)

Mestizo (mixed Indigenous and White) 65%, Indigenous 12.3% (Ngabe 7.6%, Kuna 2.4%, Embera 0.9%, Bugle 0.8%, other 0.4%, unspecified 0.2%), Black or African descent 9.2%, Mulatto 6.8%, White 6.7% (2010 est.)

1.14 (2024 est.)

2.3 beds/1,000 population (2016)

female

12.9 deaths/1,000 live births

male

15.4 deaths/1,000 live births

total

14.2 deaths/1,000 live births (2024 est.)

Languages

Spanish (official), Indigenous languages (including Ngabere (Guaymi), Buglere, Kuna, Embera, Wounaan, Naso (Teribe), and Bri Bri), Panamanian English Creole (a mixture of English and Spanish with elements of Ngabere, also known as Guari Guari and Colon Creole), English, Chinese (Yue and Hakka), Arabic, French Creole, other (Yiddish, Hebrew, Korean, Japanese)

major-language sample(s)

La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)The World Factbook, the indispensable source for basic information.

female

82.2 years

male

76.4 years

total population

79.2 years (2024 est.)

definition

age 15 and over can read and write

female

95.4% (2019)

male

98.8%

total population

95.7%

1.977 million PANAMA CITY (capital) (2023)

50 deaths/100,000 live births (2020 est.)

female

31.9 years

male

31 years

total

31.5 years (2024 est.)

adjective

Panamanian

noun

Panamanian(s)

3 migrant(s)/1,000 population (2024 est.)

22.7% (2016)

1.63 physicians/1,000 population (2019)

female

2,218,984 (2024 est.)

male

2,251,257

total

4,470,241

population is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabited

1.48% (2024 est.)

Evangelical 55%, Roman Catholic 33.4%, none 10.1%, unspecified 1.5% (2023 est.)

improved: rural

rural: 69.1% of population

improved: total

total: 87.2% of population

improved: urban

urban: 95.5% of population

unimproved: rural

rural: 30.9% of population

unimproved: total

total: 12.8% of population (2020 est.)

unimproved: urban

urban: 4.5% of population

female

13 years (2016)

male

12 years

total

13 years

0-14 years

1.06 male(s)/female

15-64 years

1.02 male(s)/female

65 years and over

0.87 male(s)/female

at birth

1.06 male(s)/female

total population

1.02 male(s)/female (2024 est.)

female

2.2% (2020 est.)

male

7.7% (2020 est.)

total

5% (2020 est.)

2.35 children born/woman (2024 est.)

rate of urbanization

1.92% annual rate of change (2020-25 est.)

urban population

69.5% of total population (2023)

10 provinces (provincias, singular - provincia) and 4 indigenous regions* (comarcas); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Embera-Wounaan*, Guna Yala*, Herrera, Los Santos, Naso Tjer Di*, Ngabe-Bugle*, Panama, Panama Oeste, Veraguas

etymology

according to tradition, the name derives from a former fishing area near the present capital - an indigenous village and its adjacent beach - that were called "panama" meaning "an abundance of fish"

geographic coordinates

8 58 N, 79 32 W

name

Panama City

time difference

UTC-5 (same time as Washington, DC, during Standard Time)

citizenship by birth

yes

citizenship by descent only

yes

dual citizenship recognized

no

residency requirement for naturalization

5 years

amendments

proposed by the National Assembly, by the Cabinet, or by the Supreme Court of Justice; passage requires approval by one of two procedures: 1) absolute majority vote of the Assembly membership in each of three readings and by absolute majority vote of the next elected Assembly in a single reading without textual modifications; 2) absolute majority vote of the Assembly membership in each of three readings, followed by absolute majority vote of the next elected Assembly in each of three readings with textual modifications, and approval in a referendum; amended several times, last in 2004

history

several previous; latest effective 11 October 1972

conventional long form

Republic of Panama

conventional short form

Panama

etymology

named after the capital city which was itself named after a former indigenous fishing village

local long form

República de Panama

local short form

Panama

chief of mission

Ambassador Mari Carmen APONTE (since 21 November 2022)

email address and website

Panama-ACS@state.govhttps://pa.usembassy.gov/

embassy

Building 783, Demetrio Basilio Lakas Avenue, Clayton

FAX

[507] 317-5568

mailing address

9100 Panama City PL, Washington, DC 20521-9100

telephone

[507] 317-5000

chancery

2862 McGill Terrace NW, Washington, DC 20008

chief of mission

Ambassador José Miguel ALEMÁN HEALY (since 18 September 2024)

consulate(s) general

Houston, Los Angeles, Miami, New Orleans, New York, Philadelphia, Tampa

email address and website

info@embassyofpanama.orghttps://www.embassyofpanama.org/

FAX

[1] (202) 483-8413

telephone

[1] (202) 483-1407

cabinet

Cabinet appointed by the president

chief of state

President José Raúl MULINO Quintero (since 1 July 2024)

election results

2024: José Raúl MULINO Quintero elected president; percent of vote - José Raúl MULINO Quintero (RM) 34.2%, Ricardo Alberto LOMBANA González (MOCA) 24.6%, Martín Erasto TORRIJOS Espino (PP) 16%, Alberto ROUX Moses (CD) 11.4%, Zulay RODRÍGUEZ Lu (independent) 6.6%, José Gabriel CARRIZO Jaén (PRD) 5.9%, other 1.3%2019: Laurentino "Nito" CORTIZO Cohen elected president; percent of vote - Laurentino CORTIZO Cohen (PRD) 33.3%, Romulo ROUX (CD) 31%, Ricardo LOMBANA (independent) 18.8%, Jose BLANDON (Panameñista Party) 10.8%, Ana Matilde GOMEZ Ruiloba (independent) 4.8%, other 1.3%

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 5 May 2024 (next to be held in May 2029)

head of government

President José Raúl MULINO Quintero (since 1 July 2024)

note

note: the president is both chief of state and head of government

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

presidential republic

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

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

ACS, 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, UNOOSA, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO

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

civil law system; judicial review of legislative acts in the Supreme Court of Justice

description

unicameral National Assembly or Asamblea Nacional (71 seats; 45 members directly elected in multi-seat constituencies - populous towns and cities - by open list proportional representation vote and 26 directly elected in single-seat constituencies - outlying rural districts - by simple majority vote; members serve 5-year terms)

election results

percent of vote by party - NA; seats by party - independents 21, PRD 13, RM 13, CD 8, Panameñista 8, MOCA 3, PA 2, PP 2, MOLIRENA 1

elections

last held on 5 May 2024 (next to be held in May 2029)

lyrics/music

Jeronimo DE LA OSSA/Santos A. JORGE

name

"Himno Istmeno" (Isthmus Hymn)

note

note: adopted 1925

selected World Heritage Site locales

Caribbean Fortifications (c); Darien National Park (n); Talamanca Range-La Amistad National Park (n); Panamá Viejo and Historic District of Panamá (c); Coiba National Park (n)

total World Heritage Sites

5 (2 cultural, 3 natural)

Independence Day (Separation Day), 3 November (1903)

harpy eagle; national colors: blue, white, red

Alliance Party or PAAlternative Independent Socialist Party or PAISAnother Way Movement or MOCADemocratic Change or CDDemocratic Revolutionary Party or PRDNationalist Republican Liberal Movement or MOLIRENAPanameñista Party (formerly the Arnulfista Party)Popular Party or PP (formerly Christian Democratic Party or PDC)Realizing Goals Party or RM

18 years of age; universal

sugarcane, bananas, rice, oranges, oil palm fruit, plantains, chicken, milk, pineapples, maize (2022)

note

note: top ten agricultural products based on tonnage

on alcohol and tobacco

1.7% of household expenditures (2022 est.)

on food

15.6% of household expenditures (2022 est.)

expenditures

$11.553 billion (2021 est.)

note

note: central government revenues and expenses (excluding grants/extrabudgetary units/social security funds) converted to US dollars at average official exchange rate for year indicated

revenues

$7.57 billion (2021 est.)

Fitch rating

BBB (2011)

Moody's rating

Baa1 (2019)

note

note: The year refers to the year in which the current credit rating was first obtained.

Standard & Poors rating

BBB (2020)

Current account balance 2021

-$778.779 million (2021 est.)

Current account balance 2022

-$475.146 million (2022 est.)

Current account balance 2023

-$3.739 billion (2023 est.)

note

note: balance of payments - net trade and primary/secondary income in current dollars

upper middle-income Central American economy; increasing Chinese trade; US dollar user; canal expansion fueling broader infrastructure investment; services sector dominates economy; historic money-laundering and illegal drug hub

Currency

balboas (PAB) per US dollar -

Exchange rates 2019

1 (2019 est.)

Exchange rates 2020

1 (2020 est.)

Exchange rates 2021

1 (2021 est.)

Exchange rates 2022

1 (2022 est.)

Exchange rates 2023

1 (2023 est.)

Exports 2021

$27.488 billion (2021 est.)

Exports 2022

$35.731 billion (2022 est.)

Exports 2023

$36.569 billion (2023 est.)

note

note: balance of payments - exports of goods and services in current dollars

copper ore, ships, fish, bananas, refined petroleum (2022)

note

note: top five export commodities based on value in dollars

China 17%, Japan 12%, South Korea 8%, US 5%, Spain 5% (2022)

note

note: top five export partners based on percentage share of exports

exports of goods and services

47.9% (2022 est.)

government consumption

12.8% (2022 est.)

household consumption

46.1% (2022 est.)

imports of goods and services

-48% (2022 est.)

investment in fixed capital

29.5% (2022 est.)

investment in inventories

11.7% (2022 est.)

note

note: figures may not total 100% due to rounding or gaps in data collection

agriculture

2.4% (2023 est.)

industry

27.1% (2023 est.)

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

services

67.9% (2023 est.)

$83.382 billion (2023 est.)

note

note: data in current dollars at official exchange rate

Gini Index coefficient - distribution of family income 2023

48.9 (2023 est.)

note

note: index (0-100) of income distribution; higher values represent greater inequality

highest 10%

36.9% (2023 est.)

lowest 10%

1.2% (2023 est.)

note

note: % share of income accruing to lowest and highest 10% of population

Imports 2021

$24.459 billion (2021 est.)

Imports 2022

$32.693 billion (2022 est.)

Imports 2023

$36.135 billion (2023 est.)

note

note: balance of payments - imports of goods and services in current dollars

crude petroleum, refined petroleum, ships, garments, packaged medicine (2022)

note

note: top five import commodities based on value in dollars

China 20%, US 20%, Guyana 11%, Colombia 11%, Ecuador 9% (2022)

note

note: top five import partners based on percentage share of imports

13.06% (2023 est.)

note

note: annual % change in industrial value added based on constant local currency

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

Inflation rate (consumer prices) 2021

1.63% (2021 est.)

Inflation rate (consumer prices) 2022

2.86% (2022 est.)

Inflation rate (consumer prices) 2023

1.49% (2023 est.)

note

note: annual % change based on consumer prices

2.096 million (2023 est.)

note

note: number of people ages 15 or older who are employed or seeking work

21.5% (2019 est.)

note

note: % of population with income below national poverty line

Public debt 2017

37.8% of GDP (2017 est.)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2021

$134.436 billion (2021 est.)

Real GDP (purchasing power parity) 2022

$148.968 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$159.867 billion (2023 est.)

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2021

15.84% (2021 est.)

Real GDP growth rate 2022

10.81% (2022 est.)

Real GDP growth rate 2023

7.32% (2023 est.)

note

note: data in 2021 dollars

Real GDP per capita 2021

$30,900 (2021 est.)

Real GDP per capita 2022

$33,800 (2022 est.)

Real GDP per capita 2023

$35,800 (2023 est.)

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2021

0.84% of GDP (2021 est.)

Remittances 2022

0.69% of GDP (2022 est.)

Remittances 2023

0.64% of GDP (2023 est.)

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2021

$8.832 billion (2021 est.)

Reserves of foreign exchange and gold 2022

$6.876 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$6.757 billion (2023 est.)

7.46% (of GDP) (2021 est.)

note

note: central government tax revenue as a % of GDP

note

note: % of labor force seeking employment

Unemployment rate 2021

10.45% (2021 est.)

Unemployment rate 2022

8.2% (2022 est.)

Unemployment rate 2023

6.7% (2023 est.)

female

22% (2023 est.)

male

13.5% (2023 est.)

note

note: % of labor force ages 15-24 seeking employment

total

16.6% (2023 est.)

from coal and metallurgical coke

1.89 million metric tonnes of CO2 (2022 est.)

from consumed natural gas

759,000 metric tonnes of CO2 (2022 est.)

from petroleum and other liquids

23.114 million metric tonnes of CO2 (2022 est.)

total emissions

25.763 million metric tonnes of CO2 (2022 est.)

consumption

837,000 metric tons (2022 est.)

exports

(2022 est.) less than 1 metric ton

imports

845,000 metric tons (2022 est.)

consumption

11.608 billion kWh (2022 est.)

exports

502 million kWh (2022 est.)

imports

69.81 million kWh (2022 est.)

installed generating capacity

4.434 million kW (2022 est.)

transmission/distribution losses

1.315 billion kWh (2022 est.)

electrification - rural areas

100%

electrification - total population

95% (2022 est.)

electrification - urban areas

99%

biomass and waste

0.2% of total installed capacity (2022 est.)

fossil fuels

21.8% of total installed capacity (2022 est.)

hydroelectricity

69.2% of total installed capacity (2022 est.)

solar

4.9% of total installed capacity (2022 est.)

wind

4% of total installed capacity (2022 est.)

Total energy consumption per capita 2022

87.16 million Btu/person (2022 est.)

consumption

389.611 million cubic meters (2022 est.)

imports

389.611 million cubic meters (2022 est.)

refined petroleum consumption

146,000 bbl/day (2022 est.)

subscriptions per 100 inhabitants

13 (2020 est.)

total

562,413 (2020 est.)

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 (2019)

.pa

percent of population

68% (2021 est.)

total

2.992 million (2021 est.)

domestic

fixed-line is 18 per 100 and subscribership of mobile-cellular telephone is 138 per 100 (2021)

general assessment

Panama has seen a steady increase in revenue from the telecom sector in recent years; mobile services and broadband remain the key growth sectors, with mobile connections accounting for 90% of all connections, and over half of telecom sector revenue; the mobile market has effective competition; internet services have grown in recent years as consumers responded to government fixed-line projects, improved mobile broadband connectivity and mobile applications (2021)

international

country code - 507; landing points for the PAN-AM, ARCOS, SAC, AURORA, PCCS, PAC, and the MAYA-1 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 (2019)

subscriptions per 100 inhabitants

18 (2022 est.)

total subscriptions

811,000 (2022 est.)

subscriptions per 100 inhabitants

156 (2022 est.)

total subscriptions

6.891 million (2022 est.)

76 (2024)

HP

1 (2024)

by type

bulk carrier 2732, container ship 671, general cargo 1,428, oil tanker 866, other 2,477

total

8,174 (2023)

annual freight traffic on registered air carriers

47.63 million (2018) mt-km

annual passenger traffic on registered air carriers

12,939,350 (2018)

inventory of registered aircraft operated by air carriers

122

number of registered air carriers

4 (2020)

128 km oil (2013)

key ports

Bahia de las Minas, Balboa, Pedregal, Puerto Armuelles, Puerto Colon, Puerto Cristobal

medium

3

ports with oil terminals

5

size unknown

1

small

3

total ports

12 (2024)

very small

5

standard gauge

77 km (2014) 1.435-m gauge

total

77 km (2014)

800 km (2011) (includes the 82-km Panama Canal that is being widened)

the Panama National Police is principally responsible for internal law enforcement and public order, while the National Border Service handles border security; the Aeronaval Service is responsible for carrying out air and naval operations that include some internal security responsibilities; key areas of focus are countering narcotics trafficking and securing the border, particularly along the southern border with Colombia (the area is known as the Darién Gap) where the National Border Service (SENAFRONT) maintains a significant presencePanama created a paramilitary National Guard (Guardia Nacional de Panamá) in the 1950s from the former National Police (established 1904); the National Guard subsequently evolved into more of a military force with some police responsibilities; it seized power in a coup in 1968 and military officers ran the country until 1989; in 1983, the National Guard was renamed the Panama Defense Force (PDF); the PDF was disbanded after the 1989 US invasion and the current national police forces were formed in 1990; the armed forces were officially abolished under the 1994 Constitution (2024)

no regular military forces; the paramilitary Panamanian Public Forces are under the Ministry of Public Security and include the Panama National Police (La Policía Nacional de Panamá, PNP), National Aeronaval Service (Servicio Nacional Aeronaval, SENAN), and National Border Service (Servicio Nacional de Fronteras, SENAFRONT) (2024)

note

note: the PNP includes a special forces directorate with counterterrorism and counternarcotics units; SENAFRONT has three regionally based border security brigades, plus a specialized brigade comprised of special forces, counternarcotics, maritime, and rapid reaction units

approximately 27,000 Ministry of Public Security personnel (2023)

Military Expenditures 2019

1.2% of GDP (2019 est.)

Military Expenditures 2020

1.4% of GDP (2020 est.)

Military Expenditures 2021

1.3% of GDP (2021 est.)

Military Expenditures 2022

1.2% of GDP (2022 est.)

Military Expenditures 2023

1.1% of GDP (2023 est.)

not a major consumer or producer of illicit drugs; a prime sea and land passage for drugs, primarily cocaine, from South America to North America and Europe;   drug traffickers also use millions of shipping containers to smuggle drugs to North America and Europe through the Panama

refugees (country of origin)

58,158 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum or have received alternative legal stay) (2023)

carbon dioxide emissions

10.71 megatons (2016 est.)

methane emissions

5.97 megatons (2020 est.)

particulate matter emissions

11.78 micrograms per cubic meter (2019 est.)

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

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

party to

Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping-London Convention, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 2006, Wetlands, Whaling

signed, but not ratified

Marine Life Conservation

agricultural land

30.5% (2018 est.)

agricultural land: arable land

arable land: 7.3% (2018 est.)

agricultural land: permanent crops

permanent crops: 2.5% (2018 est.)

agricultural land: permanent pasture

permanent pasture: 20.7% (2018 est.)

forest

43.6% (2018 est.)

other

25.9% (2018 est.)

salt water lake(s)

Laguna de Chiriqui - 900 sq km

0% of GDP (2018 est.)

0.08% of GDP (2018 est.)

139.3 billion cubic meters (2020 est.)

agricultural

450 million cubic meters (2020 est.)

industrial

10 million cubic meters (2020 est.)

municipal

760 million cubic meters (2020 est.)

rate of urbanization

1.92% annual rate of change (2020-25 est.)

urban population

69.5% of total population (2023)

municipal solid waste generated annually

1,472,262 tons (2015 est.)