Country Snapshot 2022

country at glance 2022

Country Snapshot 2022

Full country name Republic of Panama
Capital City Panama City
Population 4.279.000 (estimated 2020)
People Amerindian and mestizo 70% Black 14% White 10% Amerindian 6%
Languages</td style=”border:1px solid #0066cc;”> Spanish (Official), 14% speak English, Indigenous languages
Religion 93% Christians, 75.3% roman catholic, 16.4% protestants, 1.3% Other Christians, 2.1% other religions, 4.8% no religion affiliations.
Government</td style=”border:1px solid #0066cc;”> Presidential Constitutional Republic
GDP $9,739.2 USD Billion (Q1 – 2021)
Annual growth -8.5% (Q1 – 2021)
Inflation</td style=”border:1px solid #0066cc;”> Inflation 1.6% (Q1 – 2021)
Major industries Banking, services, construction, petroleum, brewing, tourism, transportation, cement and other construction materials, sugar milling, shipping, agriculture, real estate, wholesale and retail sale and manufacturing.
Major trading partners USA, EU, Central America and the Caribbean, Japan, Canada, Colombia and Venezuela
Visas Every visitor needs a valid passport and an onward ticket to enter Panama, but further requirements vary from country to country and occasionally change. The UK, the US, Germany, Switzerland most European countries need only a passport, while people from Cuba, Egypt, Lebanon, Mozambique, Uganda and Yemen needs a stamped visa or a tourist card.
Time EST (UTC -5)
Electricity Variable – majority of sockets have 110 V same with the US, but there are unpredictable variations; some hotels contain 220 V. Confirm with your hotel.
Weights & measures Kilograms, meters and liters.
 

All information above is for the current year except for economic data which is usually for the previous year.