Panama

Official Name:	The Republic of Panama
Sovereign Status:	Sovereign Country
Government Type:	Presidential Republic
Official Name (Local Language):	Republica de Panama
ISO Country Codes:	PA : PAN
Internet Domain:	.pa
Government Web Site:	https://www.presidencia.gob.pa/

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UN Location Codes

IATA Airports

Capital:	Panama City	Main Airports:	Northwest Florida Beaches International Airport
Language(s):	Spanish	Population:	4,337,768
Currency:	Panamanian Balboa	ISO Currency Code:	PAB
Telephone Dial In:	+507	ID Prefix:	00

Source: Central Intelligence Agency Factbook

Country Summaries:

BBC; CIA Factbook; Country Code; Infoplease; International Model United Nations Association; Law Library of Congress; NationMaster; NationsOnline; UNESCO;

Political & Cultural Organisations:

Association of Caribbean States; Central American Integration System; Community of Democracies; Inter Parliamentary Union; Organizacion de Estados Iberoamericanos; Organization of American States; Pacific Alliance; Secretar a General Iberoamericana; Sistema Economico Latinoamericano; UN; UNESCO; Union Latina;

Travel Guides:

Fodor's Travel; Lonely Planet; Rough Guide

News Resources:

News Agency

Show

Newsroom Panama;

The Panama News;

Newspaper

Show

El Panama America;

El Siglo;

La Critica Libre;

La Estrella de Panama;

La Prensa;

Mi Diario;

News Herald;

Radio

Show

Panama

Government Website:	https://www.presidencia.gob.pa/
Sovereign Ratings:	https://countryeconomy.com/ratings/panama
Central Bank:	Banco Nacional de Panama
Currency USD Exchange Rate:	1 balboas (PAB) per US dollar (2017 est.)
Unemployment Rate:	6.14% (2018 est.)
Population below poverty line:	22.1% (2016 est.)
Inflation Rate:	0.9% (2017 est.)

Prime Lending Rate:	7.10% (2019 - World Bank)
GDP:	$126.352 billion (2021 est.)
GDP Pro Capita (PPP):	$29,000 (2021 est.)
Currency Name:	Panamanian Balboa
Currency Code:	PAB
World Bank Classification:	High-Income Economy

GDP Composition:

Agriculture:	2.7%	bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
Industry:	14.3%	construction, brewing, cement and other construction materials, sugar milling
Services:	83%

Source: Central Intelligence Agency Factbook

Financial & Economic Organisations:

Asociacion Latinoamericana de Integracion; Consejo Monetario Centroamericano; FAO; IMF; International Labour Organization; Un Economic Commission for Latin America the Caribbean UNIDO; World Bank;

Financial & Economic Profiles:

Countryeconomy; FAO; IMF; Inter American Development Bank; OECD; UNDP Human Development; World Bank;

Financial Exchanges:

Stock & Securities Exchange: Bolsa de Valores de Panama S.A ;

National Statistics Office:

Instituto Nacional de Estadística y Censo;

National Dataset(s):

Focus Economics; Trading Economics;

Panama

Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Trade Statistics

Trade Summary

Trade Indicators

Business Language(s):	Spanish
Customs & Excise:	Autoridad Nacional de Aduanas
Development Bank(s):	Development Bank of Latin America; Inter-American Development Bank;
National Standards Bureau:	Comisión Panameña de Normas Industriales y Técnicas

Competitive Ind’l Performance: 66/141 (2019)	Corruption Perceptions Index: 101/180 (2022 Rank)
Ease of Doing Business: N/A	Enabling Trade Index: 58/136 (2016)
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