Land Area: 78,200 sq km
Population: 4,314,767 (2020 est.)
Capital City: Panama City
Language: Spanish (official), English 14%; note - many Panamanians bilingual
Religion: Roman Catholic 85%, Protestant 15%
Form of Government: constitutional democracy
Economy: Panama’s dollarized economy rests primarily on a well-developed services sector that accounts for three-fourths of GDP. Services include operating the Panama Canal, banking, the Colon Free Zone, insurance, container ports, flagship registry, and tourism. Oriented services and a construction boom stimulated by tax incentives.
Export: bananas, shrimp, sugar, coffee, clothing
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Source: The World Factbook - Panama |