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Angelo State University
Center for International Studies

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Panama

Ethnic Groups

  • Mestizo (mixed Amerindian and white) 70%
  • Amerindian and mixed (West Indian) 14%
  • White 10%
  • Amerindian 6%

Religion

  • Roman Catholic 85%
  • Protestant 15%

Economic Overview

  • GDP: $40.62 billion (2013 est.)
  • Agriculture Products: bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp
  • Industries: Construction, brewing, cement and other construction materials, sugar milling
  • Total Labor Force:1.54 million (2013 est.)
    • Agriculture: 17%
    • Industry: 18.6%
    • Services: 64.4%
  • Unemployment Rate: 4.5% (2013 est.)

Location

Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica

Population

3,608,431

Government Type

Constitutional Democracy

Climate

tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)