Panama

Map of Panama

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Facts

Population: 3,242,173 (July 2007 est.).

Age structure: 0-14 years: 30% (male 496,195/female 476,508) 15-64 years: 63.6% (male 1,044,139/female 1,016,805) 65 years and over: 6.4% (male 97,365/female 111,161) (2007 est.).

Population growth rate: 1.564% (2007 est.).

Birth rate: 21.45 births/1,000 population (2007 est.).

Death rate: 5.44 deaths/1,000 population (2007 est.).

Net migration rate: -0.37 migrant(s)/1,000 population (2007 est.).

Sex ratio: at birth: 1.05 male(s)/female under 15 years: 1.041 male(s)/female 15-64 years: 1.027 male(s)/female 65 years and over: 0.876 male(s)/female total population: 1.021 male(s)/female (2007 est.).

Infant mortality rate: total: 15.96 deaths/1,000 live births male: 17.33 deaths/1,000 live births female: 14.54 deaths/1,000 live births (2007 est.).

Life expectancy at birth: total population: 75.19 years male: 72.69 years female: 77.8 years (2007 est.).

Total fertility rate: 2.66 children born/woman (2007 est.).

HIV/AIDS - adult prevalence rate: 0.9% (2003 est.).

HIV/AIDS - people living with HIV/AIDS: 16,000 (2003 est.).

HIV/AIDS - deaths: less than 500 (2003 est.).

Nationality: noun: Panamanian(s) adjective: Panamanian.

Ethnic groups: mestizo (mixed Amerindian and white) 70%, Amerindian and mixed (West Indian) 14%, white 10%, Amerindian 6%.

Religions: Roman Catholic 85%, Protestant 15%.

Languages: Spanish (official), English 14%; note - many Panamanians bilingual.

Literacy: definition: age 15 and over can read and write total population: 91.9% male: 92.5% female: 91.2% (2000 census).

GDP (purchasing power parity): $26.04 billion (2006 est.).

GDP - real growth rate: 8.1% (2006 est.).

GDP - per capita (PPP): $8,200 (2006 est.).

GDP - composition by sector: agriculture: 7.2% industry: 16.4% services: 76.4% (2006 est.).

Labor force: 1.441 million note: shortage of skilled labor, but an oversupply of unskilled labor (2006 est.).

Labor force - by occupation: agriculture: 20.8% industry: 18% services: 61.2% (1995 est.).

Population below poverty line: 37% (1999 est.).

Household income or consumption by percentage share: lowest 10%: 1.2% highest 10%: 35.7% (1997).

Inflation rate (consumer prices): 2.6% (2006 est.).

Unemployment rate: 8.8% (2006 est.).

Budget: revenues: $4.157 billion expenditures: $4.489 billion; including capital expenditures of $471 million (2006 est.).

Agriculture - products: bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp.

Industries: construction, brewing, cement and other construction materials, sugar milling.

Industrial production growth rate: 3% (2006 est.).

Electricity - production: 7.545 billion kWh (2004).

Electricity - consumption: 6.888 billion kWh (2004).

Electricity - exports: 207 million kWh (2004).

Electricity - imports: 78 million kWh (2004).

Exports: $8.087 billion f.o.b.; note - includes the Colon Free Zone (2006 est.).

Exports - commodities: bananas, shrimp, sugar, coffee, clothing.

Exports - partners: US 44.9%, Spain 8.9%, Sweden 5.6%, Netherlands 4.9%, Costa Rica 4% (2005).

Imports: $9.365 billion f.o.b. (includes the Colon Free Zone) (2006 est.).

Imports - commodities: capital goods, foodstuffs, consumer goods, chemicals.

Imports - partners: US 27.5%, Netherlands Antilles 11.4%, Costa Rica 4.7%, Japan 4.5% (2005).

Debt - external: $9.993 billion (2006 est.).

Economic aid - recipient: $197.1 million (1995).

Currency (code): balboa (PAB); US dollar (USD).

Exchange rates: balboas per US dollar - 1 (2006), 1 (2005), 1 (2004), 1 (2003), 1 (2002).

Fiscal year: calendar year.