Official Name: |
Republic of Panama |
Capital: |
Panama City |
Nationality: |
Panamanian |
Language: |
Spanish (official) English (Business) |
Currency: |
Balboa. The American Dollar is the legal tender. |
Type of State: |
Republic |
Political Division: |
Nine provinces and four indigenous reservation |
National Day: |
Independence Day, 3 November (1903) |
Religion: |
Catholic (majority), Protestant, Jewish, and others. |
Area: |
75,517 Km 2 |
Time Zone: |
GMT -5 hours |
Location: |
Central America, bordering both the Caribbean Sea and the Pacific Ocean, between Colombia and Costa Rica |
Population: |
3.2 million |
Annual Rate of Population Growth: |
1.70% |
Ethnic Groups: |
75% of Hispanic origin, indigenous groups represent 10% of the total. Other ethnic minorities include Hindu, Jewish, European, Afro-Antilean, and Chinese. |
Constitutional President: |
Ricardo Martinelli Berrocal (since July 1st, 2009) |