2023 Edition
CIA World Factbook 2023 (factbook.json @ 0d4fa4984ecb)
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. 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.
Geography
Area
- land
- 74,340 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
- highest point
- Volcan Baru 3,475 m
- lowest point
- Pacific Ocean 0 m
- mean elevation
- 360 m
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
407 sq km (2020)
Land boundaries
- border countries
- Colombia 339 km; Costa Rica 348 km
- total
- 687 km
Land use
- 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.)
Location
Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Major lakes (area sq km)
- salt water lake(s)
- Laguna de Chiriqui - 900 sq km
Map references
Central America and the Caribbean
Maritime claims
- 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
Population distribution
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
Terrain
interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills
People and Society
Age structure
- 0-14 years
- 25.19% (male 569,439/female 540,143)
- 15-64 years
- 64.87% (male 1,444,638/female 1,412,319)
- 65 years and over
- 9.94% (2023 est.) (male 204,156/female 233,413)
Alcohol consumption per capita
- 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.)
Birth rate
17.7 births/1,000 population (2023 est.)
Children under the age of 5 years underweight
3% (2019)
Contraceptive prevalence rate
50.8% (2014/15)
Current health expenditure
9.7% of GDP (2020)
Currently married women (ages 15-49)
58.6% (2023 est.)
Death rate
5.9 deaths/1,000 population (2023 est.)
Demographic profile
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.
Dependency ratios
- elderly dependency ratio
- 13.2
- potential support ratio
- 7.6 (2021 est.)
- total dependency ratio
- 53.8
- youth dependency ratio
- 40.6
Drinking water source
- 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
Education expenditures
3.9% of GDP (2020 est.)
Ethnic groups
Mestizo (mixed Amerindian and White) 65%, Native American 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.)
Gross reproduction rate
1.15 (2023 est.)
Hospital bed density
2.3 beds/1,000 population (2016)
Infant mortality rate
- female
- 14 deaths/1,000 live births
- male
- 16.5 deaths/1,000 live births
- total
- 15.3 deaths/1,000 live births (2023 est.)
Languages
- Languages
- Spanish (official), indigenous languages (including Ngabere (or Guaymi), Buglere, Kuna, Embera, Wounaan, Naso (or Teribe), and Bri Bri), Panamanian English Creole (similar to Jamaican 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); note - many Panamanians are bilingual
- 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.
Life expectancy at birth
- female
- 81.5 years
- male
- 75.6 years
- total population
- 78.4 years (2023 est.)
Literacy
- definition
- age 15 and over can read and write
- female
- 95.4% (2019)
- male
- 98.8%
- total population
- 95.7%
Major infectious diseases
- degree of risk
- intermediate (2023)
- food or waterborne diseases
- bacterial diarrhea
- vectorborne diseases
- dengue fever
Major urban areas - population
1.977 million PANAMA CITY (capital) (2023)
Maternal mortality ratio
50 deaths/100,000 live births (2020 est.)
Median age
- female
- 31.6 years
- male
- 30.8 years
- total
- 31.2 years (2023 est.)
Nationality
- adjective
- Panamanian
- noun
- Panamanian(s)
Net migration rate
3.2 migrant(s)/1,000 population (2023 est.)
Obesity - adult prevalence rate
22.7% (2016)
Physicians density
1.63 physicians/1,000 population (2019)
Population
4,404,108 (2023 est.)
Population distribution
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
Population growth rate
1.51% (2023 est.)
Religions
Roman Catholic 48.6%, Evangelical 30.2%, other 4.7%, agnostic 0.2%, atheist 0.2%, none 12.3%, unspecified 3.7% (2018 est.)
Sanitation facility access
- 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
School life expectancy (primary to tertiary education)
- female
- 13 years (2016)
- male
- 12 years
- total
- 13 years
Sex ratio
- 0-14 years
- 1.05 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 (2023 est.)
Tobacco use
- female
- 2.2% (2020 est.)
- male
- 7.7% (2020 est.)
- total
- 5% (2020 est.)
Total fertility rate
2.37 children born/woman (2023 est.)
Urbanization
- rate of urbanization
- 1.92% annual rate of change (2020-25 est.)
- urban population
- 69.5% of total population (2023)
Youth unemployment rate (ages 15-24)
- female
- 43.6%
- male
- 21.8%
- total
- 30% (2021 est.)
Government
Administrative divisions
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
Capital
- 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
- citizenship by birth
- yes
- citizenship by descent only
- yes
- dual citizenship recognized
- no
- residency requirement for naturalization
- 5 years
Constitution
- 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
Country name
- 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
Diplomatic representation from the US
- 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
Diplomatic representation in the US
- chancery
- 2862 McGill Terrace NW, Washington, DC 20008
- chief of mission
- Ambassador Ramón Eduardo MARTÍNEZ DE LA GUARDIA (since 16 September 2022)
- consulate(s) general
- Houston, Miami, Los Angeles, New Orleans, New York, Philadelphia, Tampa, Washington DC
- email address and website
- info@embassyofpanama.orghttps://www.embassyofpanama.org/
- FAX
- [1] (202) 483-8413
- telephone
- [1] (202) 483-1407
Executive branch
- cabinet
- Cabinet appointed by the president
- chief of state
- President Laurentino "Nito" CORTIZO Cohen (since 1 July 2019); Vice President Jose Gabriel CARRIZO Jaen (since 1 July 2019); note - the president is both chief of state and head of government
- election results
- 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 (Panamenista Party) 10.8%, Ana Matilde GOMEZ Ruiloba (independent) 4.8%, other 1.3%2014: Juan Carlos VARELA elected president; percent of vote - Juan Carlos VARELA (PP) 39.1%, Jose Domingo ARIAS (CD) 31.4%, Juan Carlos NAVARRO (PRD) 28.2%, 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 2019 (next to be held in 2024)
- head of government
- President Laurentino "Nito" CORTIZO Cohen (since 1 July 2019); Vice President Jose Gabriel CARRIZO Jaen (since 1 July 2019)
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
presidential republic
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), 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
Judicial branch
- 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
Legal system
civil law system; judicial review of legislative acts in the Supreme Court of Justice
Legislative branch
- 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 - PRD 35, CD 18, Panamenista 8, MOLIRENA 5, independent 5; composition - men 55, women 16, percent of women 22.5%
- elections
- last held on 5 May 2019 (next to be held in May 2024)
National anthem
- lyrics/music
- Jeronimo DE LA OSSA/Santos A. JORGE
- name
- "Himno Istmeno" (Isthmus Hymn)
- note
- note: adopted 1925
National heritage
- 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)
National holiday
Independence Day (Separation Day), 3 November (1903)
National symbol(s)
harpy eagle; national colors: blue, white, red
Political parties and leaders
Alliance Party or PA [Jose MUNOZ Molina]Alternative Independent Socialist Party or PAIS [Jose ALVAREZ]Democratic Change or CD [Romulo ROUX]Democratic Revolutionary Party or PRD [Benicio ROBINSON]Nationalist Republican Liberal Movement or MOLIRENA [Francisco "Pancho" ALEMAN]Panamenista Party [Jose Isabel BLANDON Figueroa] (formerly the Arnulfista Party)Popular Party or PP [Daniel Javier BREA Clavel] (formerly Christian Democratic Party or PDC)Realizing Goals Party or RM [Ricardo Alberto MARTINELLI Berrocal]
Suffrage
18 years of age; universal
Economy
Agricultural products
sugar cane, bananas, rice, poultry, milk, plantains, pineapples, maize, beef, pork
Average household expenditures
- on alcohol and tobacco
- 1.7% of household expenditures (2018 est.)
- on food
- 15.7% of household expenditures (2018 est.)
Budget
- expenditures
- $15.145 billion (2020 est.)
- revenues
- $9.743 billion (2020 est.)
Budget surplus (+) or deficit (-)
-1.6% (of GDP) (2017 est.)
Credit ratings
- 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
- Current account balance 2019
- -$3.329 billion (2019 est.)
- Current account balance 2020
- $1.097 billion (2020 est.)
- Current account balance 2021
- -$1.412 billion (2021 est.)
Debt - external
- Debt - external 2018
- $94.898 billion (2018 est.)
- Debt - external 2019
- $101.393 billion (2019 est.)
Economic overview
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
Exchange rates
- Currency
- balboas (PAB) per US dollar -
- Exchange rates 2017
- 1 (2017 est.)
- Exchange rates 2018
- 1 (2018 est.)
- Exchange rates 2019
- 1 (2019 est.)
- Exchange rates 2020
- 1 (2020 est.)
- Exchange rates 2021
- 1 (2021 est.)
Exports
- Exports 2019
- $28.622 billion (2019 est.) note: data are in current year dollars
- Exports 2020
- $20.179 billion (2020 est.) note: data are in current year dollars
- Exports 2021
- $27.237 billion (2021 est.) note: data are in current year dollars
- note
- note: includes the Colon Free Zone
Exports - commodities
refined petroleum, copper, bananas, ships, coal tar oil, packaged medicines (2019)
Exports - partners
Ecuador 20%, Guatemala 14%, China 8%, United States 6%, Netherlands 6% (2019)
Fiscal year
calendar year
GDP - composition, by end use
- exports of goods and services
- 41.9% (2017 est.)
- government consumption
- 10.7% (2017 est.)
- household consumption
- 45.6% (2017 est.)
- imports of goods and services
- -44.2% (2017 est.)
- investment in fixed capital
- 42.9% (2017 est.)
- investment in inventories
- 3% (2017 est.)
GDP - composition, by sector of origin
- agriculture
- 2.4% (2017 est.)
- industry
- 15.7% (2017 est.)
- services
- 82% (2017 est.)
GDP (official exchange rate)
$66.801 billion (2019 est.)
Gini Index coefficient - distribution of family income
- Gini Index coefficient - distribution of family income 2019
- 49.8 (2019 est.)
Household income or consumption by percentage share
- highest 10%
- 38.9% (2014 est.)
- lowest 10%
- 1.1%
Imports
- Imports 2019
- $27.599 billion (2019 est.) note: data are in current year dollars
- Imports 2020
- $17.502 billion (2020 est.) note: data are in current year dollars
- Imports 2021
- $24.627 billion (2021 est.) note: data are in current year dollars
- note
- note: includes the Colon Free Zone
Imports - commodities
ships, refined petroleum, crude petroleum, tanker ships, packaged medicines (2019)
Imports - partners
China 21%, United States 19%, Japan 16%, Colombia 6%, Ecuador 5% (2019)
Industrial production growth rate
37.5% (2021 est.)
Industries
construction, brewing, cement and other construction materials, sugar milling
Inflation rate (consumer prices)
- Inflation rate (consumer prices) 2019
- -0.36% (2019 est.)
- Inflation rate (consumer prices) 2020
- -1.55% (2020 est.)
- Inflation rate (consumer prices) 2021
- 1.63% (2021 est.)
Labor force
- 1.966 million (2021 est.)
- note
- note: shortage of skilled labor, but an oversupply of unskilled labor
Labor force - by occupation
- agriculture
- 17%
- industry
- 18.6%
- services
- 64.4% (2009 est.)
Population below poverty line
22.1% (2016 est.)
Public debt
- Public debt 2016
- 37.4% of GDP (2016 est.)
- Public debt 2017
- 37.8% of GDP (2017 est.)
Real GDP (purchasing power parity)
- note
- note: data are in 2017 dollars
- Real GDP (purchasing power parity) 2019
- $133.509 billion (2019 est.)
- Real GDP (purchasing power parity) 2020
- $109.551 billion (2020 est.)
- Real GDP (purchasing power parity) 2021
- $126.352 billion (2021 est.)
Real GDP growth rate
- Real GDP growth rate 2019
- 2.98% (2019 est.)
- Real GDP growth rate 2020
- -17.94% (2020 est.)
- Real GDP growth rate 2021
- 15.34% (2021 est.)
Real GDP per capita
- note
- note: data are in 2017 dollars
- Real GDP per capita 2019
- $31,500 (2019 est.)
- Real GDP per capita 2020
- $25,500 (2020 est.)
- Real GDP per capita 2021
- $29,000 (2021 est.)
Reserves of foreign exchange and gold
- Reserves of foreign exchange and gold 31 December 2018
- $2.121 billion (31 December 2018 est.)
- Reserves of foreign exchange and gold 31 December 2019
- $3.423 billion (31 December 2019 est.)
- Reserves of foreign exchange and gold 31 December 2020
- $9.614 billion (31 December 2020 est.)
Taxes and other revenues
8.51% (of GDP) (2020 est.)
Unemployment rate
- Unemployment rate 2019
- 4.73% (2019 est.)
- Unemployment rate 2020
- 12.85% (2020 est.)
- Unemployment rate 2021
- 12.09% (2021 est.)
Youth unemployment rate (ages 15-24)
- female
- 43.6%
- male
- 21.8%
- total
- 30% (2021 est.)
Energy
Carbon dioxide emissions
- from coal and metallurgical coke
- 1.905 million metric tonnes of CO2 (2019 est.)
- from consumed natural gas
- 1.077 million metric tonnes of CO2 (2019 est.)
- from petroleum and other liquids
- 22.281 million metric tonnes of CO2 (2019 est.)
- total emissions
- 25.263 million metric tonnes of CO2 (2019 est.)
Coal
- consumption
- 1.118 million metric tons (2020 est.)
- exports
- 0 metric tons (2020 est.)
- imports
- 1.15 million metric tons (2020 est.)
- production
- 0 metric tons (2020 est.)
- proven reserves
- 0 metric tons (2019 est.)
Electricity
- consumption
- 10,808,780,000 kWh (2019 est.)
- exports
- 427 million kWh (2019 est.)
- imports
- 77 million kWh (2019 est.)
- installed generating capacity
- 4.106 million kW (2020 est.)
- transmission/distribution losses
- 1.309 billion kWh (2019 est.)
Electricity access
- electrification - rural areas
- 85.6% (2020)
- electrification - total population
- 95.2% (2021)
- electrification - urban areas
- 99.7% (2021)
- population without electricity
- (2020) less than 1 million
Electricity generation sources
- biomass and waste
- 0.2% of total installed capacity (2020 est.)
- fossil fuels
- 24.5% of total installed capacity (2020 est.)
- geothermal
- 0% of total installed capacity (2020 est.)
- hydroelectricity
- 66.2% of total installed capacity (2020 est.)
- nuclear
- 0% of total installed capacity (2020 est.)
- solar
- 2.7% of total installed capacity (2020 est.)
- tide and wave
- 0% of total installed capacity (2020 est.)
- wind
- 6.4% of total installed capacity (2020 est.)
Energy consumption per capita
- Total energy consumption per capita 2019
- 98.946 million Btu/person (2019 est.)
Natural gas
- consumption
- 552.744 million cubic meters (2019 est.)
- exports
- 0 cubic meters (2021 est.)
- imports
- 552.744 million cubic meters (2019 est.)
- production
- 0 cubic meters (2021 est.)
- proven reserves
- 0 cubic meters (2021 est.)
Petroleum
- crude oil and lease condensate exports
- 0 bbl/day (2018 est.)
- crude oil and lease condensate imports
- 0 bbl/day (2018 est.)
- crude oil estimated reserves
- 0 barrels (2021 est.)
- refined petroleum consumption
- 143,700 bbl/day (2019 est.)
- total petroleum production
- 0 bbl/day (2021 est.)
Refined petroleum products - exports
66 bbl/day (2015 est.)
Refined petroleum products - imports
129,200 bbl/day (2015 est.)
Refined petroleum products - production
0 bbl/day (2015 est.)
Communications
Broadband - fixed subscriptions
- subscriptions per 100 inhabitants
- 13 (2020 est.)
- total
- 562,413 (2020 est.)
Broadcast media
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)
Internet country code
.pa
Internet users
- percent of population
- 68% (2021 est.)
- total
- 2.992 million (2021 est.)
Telecommunication systems
- 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)
Telephones - fixed lines
- subscriptions per 100 inhabitants
- 18 (2021 est.)
- total subscriptions
- 790,486 (2021 est.)
Telephones - mobile cellular
- subscriptions per 100 inhabitants
- 138 (2021 est.)
- total subscriptions
- 6,003,255 (2021 est.)
Transportation
Airports
117 (2021)
Airports - with paved runways
- 57
- note
- note: paved runways have a concrete or asphalt surface but not all have facilities for refueling, maintenance, or air traffic control; the length of a runway required for aircraft to safely operate depends on a number of factors including the type of aircraft, the takeoff weight (including passengers, cargo, and fuel), engine types, flap settings, landing speed, elevation of the airport, and average maximum daily air temperature; paved runways can reach a length of 5,000 m (16,000 ft.), but the “typical” length of a commercial airline runway is between 2,500-4,000 m (8,000-13,000 ft.)
Airports - with unpaved runways
- 60
- note
- note: unpaved runways have a surface composition such as grass or packed earth and are most suited to the operation of light aircraft; unpaved runways are usually short, often less than 1,000 m (3,280 ft.) in length; airports with unpaved runways often lack facilities for refueling, maintenance, or air traffic control
Civil aircraft registration country code prefix
HP
Heliports
3 (2021)
Merchant marine
- by type
- bulk carrier 2,690, container ship 662, general cargo 1,418, oil tanker 785, other 2,470
- total
- 8,025 (2022)
National air transport system
- 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)
Pipelines
128 km oil (2013)
Ports and terminals
- container port(s) (TEUs)
- Balboa (3,561,432), Colon (4,915,975) (2021)
- major seaport(s)
- Balboa, Colon, Cristobal
Railways
- standard gauge
- 77 km (2014) 1.435-m gauge
- total
- 77 km (2014)
Waterways
800 km (2011) (includes the 82-km Panama Canal that is being widened)
Military and Security
Military - note
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 naval and air 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 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 (2023)
Military and security forces
- 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) (2023)
- 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
Military and security service personnel strengths
approximately 27,000 Ministry of Public Security personnel (2023)
Military equipment inventories and acquisitions
Panama's security forces are lightly armed; Canada, Italy and the US have provided equipment to the security forces in recent years (2023)
Military expenditures
- Military Expenditures 2018
- 1.1% of GDP (2018)
- Military Expenditures 2019
- 1.2% of GDP (2019)
- 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.)
Transnational Issues
Disputes - international
Panama-Colombia: organized illegal narcotics operations in Colombia operate within the remote border region with Panama Panama-Costa Rica: none identified
Illicit drugs
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 and internally displaced persons
- refugees (country of origin)
- 147,424 (Venezuela) (economic and political crisis; includes Venezuelans who have claimed asylum or have received alternative legal stay) (2023)
Environment
Air pollutants
- 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.)
Climate
tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
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
- 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
Land use
- 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.)
Major lakes (area sq km)
- salt water lake(s)
- Laguna de Chiriqui - 900 sq km
Revenue from coal
0% of GDP (2018 est.)
Revenue from forest resources
0.08% of GDP (2018 est.)
Total renewable water resources
139.3 billion cubic meters (2020 est.)
Total water withdrawal
- agricultural
- 450 million cubic meters (2020 est.)
- industrial
- 10 million cubic meters (2020 est.)
- municipal
- 760 million cubic meters (2020 est.)
Urbanization
- rate of urbanization
- 1.92% annual rate of change (2020-25 est.)
- urban population
- 69.5% of total population (2023)
Waste and recycling
- municipal solid waste generated annually
- 1,472,262 tons (2015 est.)