Republic of Panama • República de Panamá
Panama is a country at the very tip of North America, where Central America and the Caribbean end and meet South America. It shares borders with Costa Rica to its west and Colombia to its east, as well as the Caribbean Sea to its north and the Pacific Ocean to the south.
Though it is still disputable where the origin of the name “Panama” comes from, the generally recognized theory states that it means “abundance of fish, trees, and butterflies.” From that definition, you can see that the nature of Panama is remarkably rich and biodiverse.
The capital of the country is Panama City, located beside the Panama Canal and the Pacific Ocean. Panama City is a unique place which incorporates the cosmopolitan spirit of skyscrapers, colonial architecture in the historical district, and tranquil natural beauty. The capital of the country is truly diverse in races and cultures, with many of its inhabitants speaking not only Spanish or English, but also German, French, Chinese, Portuguese, and Arabic.
Panama has a lot to offer even to the most demanding visitor, from the islands with serene beaches, the fast-paced metropolitan capital, the natural parks, or the UNESCO-designated historical sites, such as Portobelo-San Lorenzo or the ruins of Panamá Viejo.
In our days, because of its location, the cornerstone of the Panamanian economy is the service sector, with the most important fields being trading, commerce, and tourism.
Panama Travel Information & Key Points
General points to know about the country of Panama – demographics, important ages, phone numbers, key statistics, and more, whether you’re traveling there or not.
Capital: Panama City
Population: 4.2 million (2020 estimate)
President: Laurentino Cortizo
Vice President: Jose Gabriel Carrizo
Currency: Panamanian Balboa (PAB) & US Dollar (USD)
Area: 75,417 km2 (29,119 mi2)
Dialing Code: +507
Time Zone: Eastern Standard Time (EST) UTC−5