Some Facts about Panama


Population: 2.7 million
Climate: Tropical
Rainy season: May to January
Dry season: January to May
Size: 29,208 sq. miles, about the size of South Carolina
Language: Spanish, English a strong second language
Government: Democratic
Religion: 85% Catholic, 15% Protestant
Ethnic groups: 70% mestizo, 14% black, 10% white, 6% Amerindian
Currency: US dollar
Economy: 75% services, 16% industry, 10% agriculture
Inflation rate : 1.50%
Unemployment rate: 14%
Major trade partners Exports: USA , Germany , Sweden
Imports: USA, Japan, Ecuador
Key domestic industries: Financial services, Free Zone operations, Tourism, Transshipment-related (Canal, Ports, logistical center activities) construction, insurance, manufacturing
Exports: Bananas, shrimp, melons, coffee