Country Snapshot 2016

Panama summary of facts and figures.

Country Snapshot 2016

Full country name

Republic of Panama

Capital City

Panama City

Population

3.996.269 (estimated 2016)

People

Amerindian and mestizo 70% Black 14% White 10% Amerindian 6%

Languages

Spanish (Official), 14% speak English, Indigenous languages

Religion

93% Christians, 75.3% roman catholic, 16.4% protestants, 1.3% Other Christians, 2.1% other religions, 4.8% no religion affiliations.

Government

Presidential Constitutional Republic

GDP

$52 billion 132.3 million (2015)

GDP per head

$8,988 (2015)

Annual growth

5.80 % (2015)

Inflation

Inflation 0.2% - 2015

Major industries

Banking, services, construction, petroleum, brewing, tourism, transportation, cement and other construction materials, sugar milling, shipping, agriculture, real estate, wholesale and retail sale and manufacturing.

oMajor trading partners

USA, EU, Central America and the Caribbean, Japan, Canada, Colombia and Venezuela

Visas

Every visitor needs a valid passport and an onward ticket to enter Panama, but further requirements vary from country to country and occasionally change. The UK, the US, Germany, Switzerland most European countries need only a passport, while people from Cuba, Egypt, Lebanon, Mozambique, Uganda and Yemen needs a stamped visa or a tourist card.

Time

EST (UTC -5)

Electricity

Variable – majority of sockets have 110 V same with the US, but there are unpredictable variations; some hotels contain 220 V. Confirm with your hotel.

Weights & measures

Kilograms, meters and liters.

 
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