Who is the richest person in Panama

Panama

Presidential Republic
independent since 1903

Region:

Central America

Surface:

75,420 km²

Local name:

Panama

Capital:

Panama City


geography

Panama is a country in Central America and forms the narrowest point between the Atlantic and the Caribbean. The land has a total area of ​​75,420 km² and a total coastline of 2,490 km. This land mass is roughly 21% the size of Germany. Panama is the 22nd largest country in America and ranks 119th worldwide. It is comparatively low at an average height of 360 meters above sea level.

The country has around 70 islands. There are direct national borders with the 2 neighboring countries Colombia and Costa Rica. The distance between Berlin and the capital Panama City is approximately 9,420 km.

Current time in Panama:

00:00

May 2021


Eastern Standard Time (EST) applies nationwide in Panama. Unlike in Germany, however, there is no summer time here. So there is a time difference of -6 hours in winter. In summer, however, the time difference is -7 hours.
Sunrise + sunset
The currency in Panama is the Panamanian Balboa (PAB).
1 Balboa is divided into 100 Centesimos.
Status: May 18, 2021

1 euro = 1.22 balboa
1 Balboa = 0.82 euros

The climate in Panama

In Panama, as in all equatorial countries, there is a tropical climate. There is no difference between the seasons as there is in Central Europe. The length of the day hardly fluctuates and the temperature differences between summer and winter are also smaller. The average maximum daily temperatures are between 29 and 32 degrees, depending on the season. In the colder months, the temperature drops to 22 ° C in the monthly mean at night.

Average day and night temperatures


languages

National language:

Spanish, English



Religions

directiondistribution
Catholics (Roman)85,0%
Protestants15,0%

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economy


According to the definition of the International Monetary Fund (IMF), Panama is one of the developing countries due to its economic performance. With an HDI (Human Development Index) of 0.815, Panama is one of the highly developed economies according to the UN definition. However, the IMF does not share this classification. Panama is sometimes referred to as a tax haven.

Land use

4% urban areas:2,892 km²
30% agriculture:22,898 km²
62% forests:46,843 km²
0% water surface:1,080 km²
4% other areas:2,787 km²

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traffic

Road network:15,137 km
Rail network:77 km
Waterways:800 km
Commercial ports:7.886
›Airports:117

The main cities

cityPart of the countryResidents
Panama City / CapitalPanama482.000
San MiguelitoPanama370.000
TocumenPanama89.000
DavidChiriquí83.000
ArraijánPanama77.000
Las CumbresPanama69.000
La ChorreraPanama61.000
PacoraPanama56.000
Santiago de VeraguasVeraguas45.000
ChitréHerrera44.000
Vista AlegrePanama42.000
ColónColón41.000
CativáColón30.000
ChanguinolaBocas del Toro23.000
Puerto ArmuellesChiriquí19.000
AguadulceCoclé17.000
La ConcepciónChiriquí17.000
PedregalChiriquí16.000
Bocas del ToroBocas del Toro13.000
PenonoméCoclé12.000
Unión ChocóEmberá9.500
Las TablasLos Santos8.570
La PalmaDarién1.850
KusapínNgöbe-Buglé1.290
El PorvenirGuna Yala10




Political indicators

(Based on the World Bank's "Worldwide Governance Indicators" project)


Political stability:

Rule of law:

Effectiveness:

Regulatory quality:

Freedom of speech:

Death penalty:abolished in 1922



Existing trade agreements



Memberships