Panama, officially the Republic of Panama, is a country in Central America, stretching from the southern tip of North America to the northern edge of South America. Costa Rica borders it to the west, and Colombia borders it to the southeast. The Caribbean Sea borders Panama to the north, and the Pacific Ocean borders it to the south.

Country Profile

Official NameContinentSubregionCapital CityPopulationWorld Population %Land Area (km²)CurrencyCurrency Symbol
The Republic of PanamaNorth AmericaCentral AmericaPanama City4,468,0860.06%74,340Panamanian balboaB/

Spain colonized Panama in 1513 and kept control for over 300 years; Panama gained independence in 1821. Panama joined the Republic of Gran Colombia in the same year and became part of the Republic of Colombia until 1903, following the collapse of Gran Colombia in 1831.

The capital of Panama is Panama City, which is located at the Pacific entrance of the Panama Canal. Other major cities in the country include David, Colón, and La Chorrera.

The Panama Canal is an artificial waterway  connecting the Atlantic Ocean with the Pacific Ocean. It was built in 1903 and controlled by the United States until Panama gained full control in 1999.

Panama has a tropical climate with high temperatures throughout the year and moderate humidity. The country is one of only three countries in the world, along with Bhutan and Suriname, that is carbon negative (meaning it absorbs more carbon dioxide than it produces). This is largely due to the small population size and the forests that cover over half the country.

The highest point in Panama is Volcán Barú, a 3,474 meters (11,398 ft) high active stratovolcano. 

Panama is a democratic republic with a president who serves as both head of state and head of government. The president serves for a five-year term, which is renewable once (although not consecutively).

Panama: Stats and Facts

Official LanguageMain ReligionNational AnthemISO alpha-2ISO alpha-3Internet country domains (TLDs)Dialling CodeCoastline Length (km)Geographic coordinates (center point of country)Number of Time ZonesTime Zone(s)Daylight Savings Time?Driving SideGDP (PPP)GDP per capita (PPP)GDP (nominal)GDP per capita (nominal)
"Himno Istmeño"
("Hymn of the Isthmus"),4909 00 N, 80 00 W1UTC −05:00Not observedright$202,402,000,000$44,883$87,242,000,000$19,346