Panama

Capital

Panama City

Continent

Independence Date

3 November 1903

Official LanguageSpanish
Second LanguageEnglish
Population~4.6 million
Passport ColorRed
Passport Rank#35
Dialing Code507
Country TLD.pa

Panama, officially the Republic of Panama, is a transcontinental country connecting Central America and South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. The capital and largest city is Panama City.

Best known for the Panama Canal, the country serves as a global hub for maritime trade, connecting the Atlantic and Pacific Oceans. Beyond its famous canal, Panama is rich in biodiversity, rainforests, mountains, and islands — including the San Blas Archipelago and Bocas del Toro. Its economy thrives on banking, logistics, and tourism, earning Panama the title of one of Latin America’s fastest-growing economies.

Panama’s culture blends Spanish, Indigenous, African, and Caribbean influences, reflected in its cuisine, music, and festivals. Spanish is the official language, and the U.S. dollar circulates alongside the Panamanian Balboa.

With a strategic position and a stable service-oriented economy, Panama plays a key role in international trade and regional diplomacy.

Quick Facts About Panama

Coordinates8.5380° N, 80.7821° W
Bordering CountriesCosta Rica, Colombia
Region / ContinentCentral America
Total Area75,417 sq km
Population Density~59 people per sq km
Highest PointVolcán Barú – 3,475 m
Major RiversChagres River, Tuira River
Climate TypeTropical; rainy and dry seasons
Famous ForPanama Canal, rainforests, biodiversity, beaches, banking
Major LandmarksPanama Canal, Casco Viejo, Bocas del Toro, San Blas Islands
Official LanguageSpanish
CurrencyBalboa (PAB) and United States Dollar (USD)
Government TypeUnitary presidential republic
Time ZoneUTC−5
Major ExportsBananas, shrimp, sugar, coffee, textiles, re-exports
Visitor EntryVisa-free for most nationalities; eVisa available for others

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