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CIA World Factbook 2011 Archive (HTML)

Panama

2011 Edition · 268 data fields

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Introduction

Background

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 - named the Republic of Gran Colombia. When the latter 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 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. 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, 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. In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15.

Geography

Area

75,420 sq km 74,340 sq km 1,080 sq km
total
75,420 sq km
water
1,080 sq km

Area - comparative

slightly smaller than South Carolina

Climate

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

Coastline

2,490 km

Elevation extremes

Pacific Ocean 0 m Volcan Baru 3,475 m
highest point
Volcan Baru 3,475 m
lowest point
Pacific Ocean 0 m

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; air pollution in urban areas; mining threatens natural resources

Environment - international agreements

Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling Marine Life Conservation
party to
Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling
signed, but not ratified
Marine Life Conservation

Freshwater withdrawal (domestic/industrial/agricultural)

0.82 cu km/yr (67%/5%/28%) 254 cu m/yr (2000)
per capita
254 cu m/yr (2000)
total
0.82 cu km/yr (67%/5%/28%)

Geographic coordinates

9 00 N, 80 00 W

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

Irrigated land

430 sq km (2008)

Land boundaries

555 km Colombia 225 km, Costa Rica 330 km
border countries
Colombia 225 km, Costa Rica 330 km
total
555 km

Land use

7.26% 1.95% 90.79% (2005)
arable land
7.26%
other
90.79% (2005)
permanent crops
1.95%

Location

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

Map references

Central America and the Caribbean

Maritime claims

12 nm 24 nm 200 nm or edge of continental margin
contiguous zone
24 nm
exclusive economic zone
200 nm or edge of continental margin
territorial sea
12 nm

Natural hazards

occasional severe storms and forest fires in the Darien area

Natural resources

copper, mahogany forests, shrimp, hydropower

Terrain

interior mostly steep, rugged mountains and dissected, upland plains; coastal areas largely plains and rolling hills

Total renewable water resources

148 cu km (2000)

People and Society

Age structure

28.6% (male 504,726/female 484,291) 64.2% (male 1,123,777/female 1,098,661) 7.2% (male 115,425/female 133,582) (2011 est.)
0-14 years
28.6% (male 504,726/female 484,291)
15-64 years
64.2% (male 1,123,777/female 1,098,661)
65 years and over
7.2% (male 115,425/female 133,582) (2011 est.)

Birth rate

19.43 births/1,000 population (2011 est.)

Children under the age of 5 years underweight

3.9% (2008)

Death rate

4.65 deaths/1,000 population (July 2011 est.)

Drinking water source

urban: 97% of population rural: 83% of population total: 93% of population urban: 3% of population rural: 17% of population total: 7% of population (2008)
rural
17% of population
total
7% of population (2008)
urban
3% of population

Education expenditures

3.8% of GDP (2008)

Ethnic groups

mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6%

Health expenditures

8.3% of GDP (2009)

HIV/AIDS - adult prevalence rate

0.9% (2009 est.)

HIV/AIDS - deaths

1,500 (2009 est.)

HIV/AIDS - people living with HIV/AIDS

20,000 (2009 est.)

Hospital bed density

2.2 beds/1,000 population (2009)

Infant mortality rate

11.64 deaths/1,000 live births 12.41 deaths/1,000 live births 10.83 deaths/1,000 live births (2011 est.)
female
10.83 deaths/1,000 live births (2011 est.)
total
11.64 deaths/1,000 live births

Languages

Spanish (official), English 14% many Panamanians are bilingual

Life expectancy at birth

77.79 years 75.02 years 80.68 years (2011 est.)
female
80.68 years (2011 est.)
total population
77.79 years

Literacy

age 15 and over can read and write 91.9% 92.5% 91.2% (2000 census)
definition
age 15 and over can read and write
female
91.2% (2000 census)
male
92.5%
total population
91.9%

Major cities - population

PANAMA CITY (capital) 1.346 million (2009)

Major infectious diseases

intermediate bacterial diarrhea dengue fever and malaria (2009)
degree of risk
intermediate
food or waterborne diseases
bacterial diarrhea
vectorborne disease
dengue fever and malaria (2009)

Maternal mortality rate

71 deaths/100,000 live births (2008)

Median age

27.5 years 27.1 years 27.9 years (2011 est.)
female
27.9 years (2011 est.)
male
27.1 years
total
27.5 years

Nationality

Panamanian(s) Panamanian
adjective
Panamanian
noun
Panamanian(s)

Net migration rate

-0.42 migrant(s)/1,000 population (2011 est.)

Physicians density

1.5 physicians/1,000 population (2000)

Population

3,460,462 (July 2011 est.)

Population growth rate

1.435% (2011 est.)

Religions

Roman Catholic 85%, Protestant 15%

Sanitation facility access

urban: 75% of population rural: 51% of population total: 69% of population urban: 25% of population rural: 49% of population total: 31% of population (2008)
rural
49% of population
total
31% of population (2008)
urban
25% of population

School life expectancy (primary to tertiary education)

13 years 13 years 14 years (2008)
female
14 years (2008)
male
13 years
total
13 years

Sex ratio

1.045 male(s)/female 1.04 male(s)/female 1.02 male(s)/female 0.87 male(s)/female 1.02 male(s)/female (2011 est.)
15-64 years
1.02 male(s)/female
65 years and over
0.87 male(s)/female
at birth
1.045 male(s)/female
total population
1.02 male(s)/female (2011 est.)
under 15 years
1.04 male(s)/female

Total fertility rate

2.45 children born/woman (2011 est.)

Unemployment, youth ages 15-24

14.9% 11.7% 21.1% (2008)
female
21.1% (2008)
total
14.9%

Urbanization

75% of total population (2010) 2.3% annual rate of change (2010-15 est.)
rate of urbanization
2.3% annual rate of change (2010-15 est.)
urban population
75% of total population (2010)

Government

Administrative divisions

9 provinces (provincias, singular - provincia) and 3 indigenous territories* (comarcas); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Embera-Wounaan*, Herrera, Kuna Yala*, Los Santos, Ngobe-Bugle*, Panama, Veraguas

Capital

Panama City 8 58 N, 79 32 W UTC-5 (same time as Washington, DC during Standard Time)
geographic coordinates
8 58 N, 79 32 W
name
Panama City
time difference
UTC-5 (same time as Washington, DC during Standard Time)

Constitution

11 October 1972; revised several times

Country name

Republic of Panama Panama Republica de Panama Panama
conventional long form
Republic of Panama
conventional short form
Panama
local long form
Republica de Panama
local short form
Panama

Diplomatic representation from the US

Ambassador Phyllis M. POWERS Edificio 783, Avenida Demetrio Basilio Lakas Panama, Apartado Postal 0816-02561, Zona 5, Panama City American Embassy Panama, Unit 0945, APO AA 34002 [507] 207-7000 [507] 317-5568
chief of mission
Ambassador Phyllis M. POWERS
embassy
Edificio 783, Avenida Demetrio Basilio Lakas Panama, Apartado Postal 0816-02561, Zona 5, Panama City
FAX
[507] 317-5568
mailing address
American Embassy Panama, Unit 0945, APO AA 34002
telephone
[507] 207-7000

Diplomatic representation in the US

Ambassador Mario Ernesto JARAMILLO Castillo 2862 McGill Terrace NW, Washington, DC 20008 [1] (202) 483-1407 [1] (202) 483-8416 Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Diego, San Francisco, Tampa
chancery
2862 McGill Terrace NW, Washington, DC 20008
chief of mission
Ambassador Mario Ernesto JARAMILLO Castillo
consulate(s) general
Atlanta, Houston, Miami, New Orleans, New York, Philadelphia, San Diego, San Francisco, Tampa
FAX
[1] (202) 483-8416
telephone
[1] (202) 483-1407

Executive branch

President Ricardo MARTINELLI Berrocal (since 1 July 2009); Vice President Juan Carlos VARELA (since 1 July 2009); note - the president is both the chief of state and head of government President Ricardo MARTINELLI Berrocal (since 1 July 2009); Vice President Juan Carlos VARELA (since 1 July 2009) Cabinet appointed by the president president and vice president elected on the same ticket by popular vote for five-year terms (not eligible for immediate reelection; president and vice president must sit out two additional terms (10 years) before becoming eligible for reelection); election last held on 3 May 2009 (next to be held in 2014) Ricardo MARTINELLI Berrocal elected president; percent of vote - Ricardo MARTINELLI Berrocal 60%, Balbina HERRERA 38%, Guillermo ENDARA Galimany 2% government coalition - CD (Democratic Change), Panamenista, MOLIRENA (Nationalist Republican Liberal Movement), and UP (Patriotic Union Party)
cabinet
Cabinet appointed by the president
chief of state
President Ricardo MARTINELLI Berrocal (since 1 July 2009); Vice President Juan Carlos VARELA (since 1 July 2009); note - the president is both the chief of state and head of government
election results
Ricardo MARTINELLI Berrocal elected president; percent of vote - Ricardo MARTINELLI Berrocal 60%, Balbina HERRERA 38%, Guillermo ENDARA Galimany 2%
elections
president and vice president elected on the same ticket by popular vote for five-year terms (not eligible for immediate reelection; president and vice president must sit out two additional terms (10 years) before becoming eligible for reelection); election last held on 3 May 2009 (next to be held in 2014)
head of government
President Ricardo MARTINELLI Berrocal (since 1 July 2009); Vice President Juan Carlos VARELA (since 1 July 2009)

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; 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

Government type

constitutional democracy

Independence

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

International law organization participation

accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction

International organization participation

BCIE, CAN (observer), CSN (observer), FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, LAES, LAIA, MIGA, NAM, OAS, OPANAL, OPCW, PCA, RG, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU, WHO, WIPO, WMO, WTO

Judicial branch

Supreme Court of Justice or Corte Suprema de Justicia (nine judges appointed for staggered 10-year terms); five superior courts; three courts of appeal

Legal system

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

Legislative branch

unicameral National Assembly or Asamblea Nacional (71 seats; members elected by popular vote to serve five-year terms) last held on 3 May 2009 (next to be held in May 2014) percent of vote by party - NA; seats by party - PRD 26, Panamenista 22, CD 14, UP 4, Independent 2, MOLIRENA 2, PP 1; note - changes in political affiliation now reflect the following seat distribution: as of 1 March 2011 - seats by party - PRD 23, Panamenista 20, CD 23, UP 2, MOLIRENA 2, PP 1 legislators from outlying rural districts chosen on a plurality basis while districts located in more populous towns and cities elect multiple legislators by means of a proportion-based formula
election results
percent of vote by party - NA; seats by party - PRD 26, Panamenista 22, CD 14, UP 4, Independent 2, MOLIRENA 2, PP 1; note - changes in political affiliation now reflect the following seat distribution: as of 1 March 2011 - seats by party - PRD 23, Panamenista 20, CD 23, UP 2, MOLIRENA 2, PP 1
elections
last held on 3 May 2009 (next to be held in May 2014)

National anthem

"Himno Istemno" (Isthmus Hymn) Jeronimo DE LA OSSA/Santos A. JORGE adopted 1925
lyrics/music
Jeronimo DE LA OSSA/Santos A. JORGE
name
"Himno Istemno" (Isthmus Hymn)

National holiday

Independence Day, 3 November (1903)

National symbol(s)

harpy eagle

Political parties and leaders

Democratic Change or CD [Ricardo MARTINELLI]; Democratic Revolutionary Party or PRD [Francisco SANCHEZ Cardenas]; Nationalist Republican Liberal Movement or MOLIRENA [Sergio GONZALEZ-Ruiz]; Panamenista Party [Juan Carlos VARELA Rodriguez] (formerly the Arnulfista Party); Patriotic Union Party or UP (combination of the Liberal National Party or PLN and the Solidarity Party or PS)[Anibal GALINDO]; Popular Party or PP [Milton HENRIQUEZ] (formerly Christian Democratic Party or PDC)

Political pressure groups and leaders

Chamber of Commerce; National Civic Crusade; National Council of Organized Workers or CONATO; National Council of Private Enterprise or CONEP; National Union of Construction and Similar Workers (SUNTRACS); Panamanian Association of Business Executives or APEDE; Panamanian Industrialists Society or SIP; Workers Confederation of the Republic of Panama or CTRP

Suffrage

18 years of age; universal and compulsory

Economy

Agriculture - products

bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp

Budget

$6.874 billion $7.386 billion (2010 est.)
expenditures
$7.386 billion (2010 est.)
revenues
$6.874 billion

Budget surplus (+) or deficit (-)

-1.9% of GDP (2010 est.)

Commercial bank prime lending rate

7.74% (31 December 2010 est.) 8.25% (31 December 2009 est.)

Current account balance

-$2.523 billion (2010 est.) -$43.5 million (2009 est.)

Debt - external

$13.22 billion (31 December 2010 est.) $12.42 billion (31 December 2009 est.)

Distribution of family income - Gini index

51 (2010 est.) 56.1 (2003)

Economy - overview

Panama's dollar-based economy rests primarily on a well-developed services sector that accounts for three-quarters of GDP. Services include operating the Panama Canal, logistics, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. Economic growth will be bolstered by the Panama Canal expansion project that began in 2007 and is scheduled to be completed by 2014 at a cost of $5.3 billion - about 25% of current GDP. The expansion project will more than double the Canal's capacity, enabling it to accommodate ships that are too large to traverse the existing canal. The United States and China are the top users of the Canal. Panama also plans to construct a metro system in Panama City, valued at $1.2 billion and scheduled to be completed by 2014. Panama's booming transportation and logistics services sectors, along with aggressive infrastructure development projects, will likely lead the economy to continued growth in 2011. Strong economic performance has not translated into broadly shared prosperity, as Panama has the second worst income distribution in Latin America. About 30% of the population lives in poverty; however, from 2006 to 2010 poverty was reduced by 10 percentage points, while unemployment dropped from 12% to 6% of the labor force. Panama and the United States signed a Trade Promotion Agreement in June 2007, which, when implemented, will help promote the country's economic growth. Seeking removal from the Organization of Economic Development's gray-list of tax havens, Panama has also recently signed various double taxation treaties with other nations.

Electricity - consumption

5.805 billion kWh (2010 est.)

Electricity - exports

95 million kWh (2009 est.)

Electricity - imports

73 million kWh (2008 est.)

Electricity - production

6.546 billion kWh (2010 est.)

Exchange rates

balboas (PAB) per US dollar - 1 (2010) 1 (2009) 1 (2008) 1 (2007) 1 (2006) the balboa exists alongside the dollar and may be used interchangably

Exports

$11.33 billion (2010 est.) $11.13 billion (2009 est.) includes the Colon Free Zone

Exports - commodities

bananas, shrimp, sugar, coffee, clothing

Exports - partners

Venezuela 20.6%, South Korea 18.2%, Ecuador 6.3%, India 6.2%, Japan 5.6%, Greece 5.3%, US 5.3% (2010)

GDP - composition by sector

4.6% 16.7% 78.7% (2010 est.)
agriculture
4.6%
industry
16.7%
services
78.7% (2010 est.)

GDP - per capita (PPP)

$13,000 (2010 est.) $12,300 (2009 est.) $12,100 (2008 est.) data are in 2010 US dollars

GDP - real growth rate

7.5% (2010 est.) 3.2% (2009 est.) 10.1% (2008 est.)

GDP (official exchange rate)

$26.78 billion (2010 est.)

GDP (purchasing power parity)

$44.36 billion (2010 est.) $41.26 billion (2009 est.) $39.99 billion (2008 est.) data are in 2010 US dollars

Household income or consumption by percentage share

1.3% 40.6% (2009)
highest 10%
40.6% (2009)
lowest 10%
1.3%

Imports

$15.95 billion (2010 est.) $13.26 billion (2009 est.) includes the Colon Free Zone

Imports - commodities

capital goods, foodstuffs, consumer goods, chemicals

Imports - partners

Japan 25.3%, China 19.6%, Singapore 12.3%, US 10%, South Korea 9.3%, Ecuador 4.1% (2010)

Industrial production growth rate

4.5% (2010 est.)

Industries

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

Inflation rate (consumer prices)

3.5% (2010 est.) 2.4% (2009 est.)

Investment (gross fixed)

27.1% of GDP (2010 est.)

Labor force

1.485 million shortage of skilled labor, but an oversupply of unskilled labor (2010 est.)

Labor force - by occupation

17.6% 8.8% 73.6% (2009 est.)
agriculture
17.6%
industry
8.8%
services
73.6% (2009 est.)

Market value of publicly traded shares

$10.92 billion (31 December 2010) $8.048 billion (31 December 2009) $6.568 billion (31 December 2008)

Natural gas - consumption

0 cu m (2009 est.)

Natural gas - exports

0 cu m (2009 est.)

Natural gas - imports

0 cu m (2009 est.)

Natural gas - production

0 cu m (2009 est.)

Natural gas - proved reserves

0 cu m (1 January 2011 est.)

Oil - consumption

97,000 bbl/day (2010 est.)

Oil - exports

0 bbl/day (2009 est.)

Oil - imports

77,910 bbl/day (2009 est.)

Oil - production

0 bbl/day (2010 est.)

Oil - proved reserves

0 bbl (1 January 2010 est.)

Population below poverty line

25.6% (2010 est.)

Public debt

43.3% of GDP (2010 est.) 45.6% of GDP (2009 est.)

Reserves of foreign exchange and gold

$2.715 billion (31 December 2010 est.) $3.028 billion (31 December 2009 est.)

Stock of broad money

$24.19 billion (31 December 2010 est.) $21.78 billion (31 December 2009 est.)

Stock of direct foreign investment - abroad

$NA

Stock of direct foreign investment - at home

$NA

Stock of domestic credit

$23.5 billion (31 December 2010 est.) $20.17 billion (31 December 2009 est.)

Stock of narrow money

$5.23 billion (31 December 2010 est.) $4.404 billion (31 December 2009 est.)

Taxes and other revenues

25.7% of GDP (2010 est.)

Unemployment rate

4.2% (2010 est.) 6.4% (2009 est.)

Communications

Broadcast media

multiple privately-owned television networks and a government-owned educational TV station; multi-channel cable and satellite TV subscription services are available; more than 100 commercial radio stations (2007)

Internet country code

.pa

Internet hosts

9,585 (2010)

Internet users

959,800 (2009)

Telephone system

domestic and international facilities well developed mobile-cellular telephone subscribership has increased rapidly country code - 507; landing point for the Americas Region Caribbean Ring System (ARCOS-1), the MAYA-1, and PAN-AM 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 (2008)
domestic
mobile-cellular telephone subscribership has increased rapidly
general assessment
domestic and international facilities well developed
international
country code - 507; landing point for the Americas Region Caribbean Ring System (ARCOS-1), the MAYA-1, and PAN-AM 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 (2008)

Telephones - main lines in use

553,100 (2010)

Telephones - mobile cellular

6.496 million (2010)

Transportation

Airports

118 (2010)

Airports - with paved runways

30 (2010)
1,524 to 2,437 m
5
2,438 to 3,047 m
1
914 to 1,523 m
17
over 3,047 m
1
total
54
under 914 m
30 (2010)

Airports - with unpaved runways

52 (2010)
1,524 to 2,437 m
1
914 to 1,523 m
11
total
64
under 914 m
52 (2010)

Heliports

3 (2010)

Merchant marine

6,379 barge carrier 1, bulk carrier 2,383, cargo 1,129, carrier 18, chemical tanker 626, combination ore/oil 3, container 751, liquefied gas 192, passenger 42, passenger/cargo 61, petroleum tanker 576, refrigerated cargo 212, roll on/roll off 100, specialized tanker 3, vehicle carrier 282 5,244 (Albania 3, Argentina 7, Australia 5, Azerbaijan 1, Bahamas 7, Bangladesh 3, Belgium 2, Bermuda 15, Brazil 3, Bulgaria 6, Burma 3, Canada 5, Chile 17, China 574, Colombia 2, Croatia 2, Cuba 4, Cyprus 8, Denmark 46, Ecuador 6, Egypt 11, Finland 2, France 13, Gabon 1, Germany 27, Gibraltar 1, Greece 402, Hong Kong 125, India 17, Indonesia 14, Iran 5, Ireland 1, Isle of Man 11, Israel 1, Italy 23, Japan 2347, Jordan 13, Kuwait 12, Latvia 4, Lebanon 2, Lithuania 4, Luxembourg 1, Malaysia 12, Maldives 3, Malta 2, Mexico 6, Monaco 14, Morocco 1, Netherlands 8, Nigeria 7, Norway 89, Oman 8, Pakistan 5, Peru 12, Philippines 6, Poland 3, Portugal 9, Qatar 1, Romania 2, Russia 39, Saudi Arabia 8, Singapore 79, South Korea 366, Spain 40, Sweden 1, Switzerland 22, Syria 42, Taiwan 337, Tanzania 2, Thailand 6, Tunisia 1, Turkey 79, UAE 83, UK 33, Ukraine 11, US 102, Venezuela 8, Vietnam 37, Yemen 4) this country allows large numbers of ships owned by foreign entities to be registered in its national shipping registry and to fly its flag; these ships operate under the laws of the flag state 1 (Honduras 1) (2010)
foreign-owned
5,244 (Albania 3, Argentina 7, Australia 5, Azerbaijan 1, Bahamas 7, Bangladesh 3, Belgium 2, Bermuda 15, Brazil 3, Bulgaria 6, Burma 3, Canada 5, Chile 17, China 574, Colombia 2, Croatia 2, Cuba 4, Cyprus 8, Denmark 46, Ecuador 6, Egypt 11, Finland 2, France 13, Gabon 1, Germany 27, Gibraltar 1, Greece 402, Hong Kong 125, India 17, Indonesia 14, Iran 5, Ireland 1, Isle of Man 11, Israel 1, Italy 23, Japan 2347, Jordan 13, Kuwait 12, Latvia 4, Lebanon 2, Lithuania 4, Luxembourg 1, Malaysia 12, Maldives 3, Malta 2, Mexico 6, Monaco 14, Morocco 1, Netherlands 8, Nigeria 7, Norway 89, Oman 8, Pakistan 5, Peru 12, Philippines 6, Poland 3, Portugal 9, Qatar 1, Romania 2, Russia 39, Saudi Arabia 8, Singapore 79, South Korea 366, Spain 40, Sweden 1, Switzerland 22, Syria 42, Taiwan 337, Tanzania 2, Thailand 6, Tunisia 1, Turkey 79, UAE 83, UK 33, Ukraine 11, US 102, Venezuela 8, Vietnam 37, Yemen 4)
registered in other countries
1 (Honduras 1) (2010)
total
6,379

Pipelines

oil 128 km

Ports and terminals

Balboa, Colon, Cristobal

Railways

76 km 76 km 1.435-m gauge (2010)
total
76 km

Roadways

11,978 km 4,300 km 7,678 km (2002)
total
11,978 km
unpaved
7,678 km (2002)

Waterways

800 km (includes the 82-km Panama Canal that is being widened) (2010)

Military and Security

Manpower available for military service

890,006 (2010 est.)
males age 16-49
890,006 (2010 est.)

Manpower fit for military service

731,254 728,329 (2010 est.)
females age 16-49
728,329 (2010 est.)
males age 16-49
731,254

Manpower reaching militarily significant age annually

32,142 30,879 (2010 est.)
female
30,879 (2010 est.)
male
32,142

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"

Military branches

no regular military forces; Panamanian public forces include: Panamanian National Police (PNP), National Air-Naval Service (SENAN), National Border Service (SENAFRONT) (2010)
no regular military forces; Panamanian public forces include
Panamanian National Police (PNP), National Air-Naval Service (SENAN), National Border Service (SENAFRONT) (2010)

Military expenditures

1% of GDP (2006)

Transnational Issues

Disputes - international

organized illegal narcotics operations in Colombia operate within the remote border region with Panama

Illicit drugs

major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem

Trafficking in persons

Panama is a source, transit, and destination country for women and children subjected to sex trafficking and forced labor; although some Panamanian women and girls are subjected to sex trafficking in other countries in Latin America and in Europe, most Panamanian trafficking victims are exploited within the country; commercial sexual exploitation of children was greater in rural areas; Panamanian children, mostly young girls, are subjected to domestic servitude; most foreign trafficking victims are adult women from Colombia, neighboring Central American countries, and the Dominican Republic; some victims migrate voluntarily to Panama to work but are subsequently forced into prostitution or domestic servitude Tier 2 Watch List - authorities established a commission which drafted comprehensive anti-trafficking legislation to bring anti-trafficking laws in line with the 2000 UN Trafficking in Persons (TIP) Protocol; the government identified at least 43 trafficking victims and prosecuted five sex trafficking offenders, and in partnership with civil society and foreign governments, provided training to Panamanian officials; however, Panama continued to lack prohibitions against forced labor in its penal code, and authorities did not convict any trafficking offenders; specialized victim services, particularly for adult victims, remained limited, and authorities did not report using proactive procedures to identify trafficking victims among detained migrants (2011)
current situation
Panama is a source, transit, and destination country for women and children subjected to sex trafficking and forced labor; although some Panamanian women and girls are subjected to sex trafficking in other countries in Latin America and in Europe, most Panamanian trafficking victims are exploited within the country; commercial sexual exploitation of children was greater in rural areas; Panamanian children, mostly young girls, are subjected to domestic servitude; most foreign trafficking victims are adult women from Colombia, neighboring Central American countries, and the Dominican Republic; some victims migrate voluntarily to Panama to work but are subsequently forced into prostitution or domestic servitude
tier rating
Tier 2 Watch List - authorities established a commission which drafted comprehensive anti-trafficking legislation to bring anti-trafficking laws in line with the 2000 UN Trafficking in Persons (TIP) Protocol; the government identified at least 43 trafficking victims and prosecuted five sex trafficking offenders, and in partnership with civil society and foreign governments, provided training to Panamanian officials; however, Panama continued to lack prohibitions against forced labor in its penal code, and authorities did not convict any trafficking offenders; specialized victim services, particularly for adult victims, remained limited, and authorities did not report using proactive procedures to identify trafficking victims among detained migrants (2011)

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