Panama, officially the Republic of Panama (Spanish: República de Panamá; pronounced [reˈpuβlika ðe panaˈma]), is the southernmost country of both Central America and, in turn, North America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The capital is Panama City.
Panama is an international business center, and although it is only the fourth largest economy in Central America, after Guatemala, Costa Rica and El Salvador,[3] it is the fastest growing economy and the largest per capita consumer in Central America.
Contents
- 1 Etymology
- 2 History
- 3 Politics
- 4 Geography
- 5 Demographics
- 6 Culture
- 7 Economy
- 8 See also
- 9 Further reading
- 10 References
- 11 External links
Republic of Panama República de Panamá (Spanish)Flag Coat of arms Motto: "Pro Mundi Beneficio" (Latin)
"For the Benefit of the World"Anthem: Himno Nacional de Panamá (Spanish) Capital
(and largest city)Panama City
8°58′N 79°32′W / 8.967°N 79.533°WOfficial languages Spanish Ethnic groups 58.1% Mestizo
14% Black and Mulatto
6.7% Amerindian
8.6% White
5.5% Asian
7.1% other (2000) [1]Demonym Panamanian Government Constitutional Democracy - President Ricardo Martinelli - Vice President Juan Carlos Varela Independence - from Spain 28 November 1821 - from Colombia 3 November 1903 Area - Total 75,517 km2 (118th)
29,157 sq mi- Water (%) 2.9 Population - July 2008 estimate 3,309,679 (133rd) - May 2000 census 2,839,177 - Density 43/km2 (156th)
111/sq miGDP (PPP) 2008 estimate - Total $38.604 billion[2] - Per capita $12,600[2] GDP (nominal) 2009 estimate - Total $25.051 billion[2] - Per capita $7,230[2] Gini (2002) 48.5 HDI (2007) ▲ 0.832 (high) (58th) Currency Balboa, U.S. dollar
(PAB, USD
)Time zone (UTC-5) Internet TLD .pa Calling code 507
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