Panama Net Worth is13,000 GDP/Capital ($)
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Native Name: es/República de Panamá

Conventional Long Name: Republic of Panama /common name

Image Flag: Flag of Panama.svg

Image Coat: Coat of Arms of Panama.svg

Image Map: Panama (orthographic projection).svg

National Motto: ''"Pro Mundi Beneficio"''2national anthem

Demonym: Demographics of Panama

Ethnic Groups: Amerindian and mestizo 68%, Amerindian 6%

Capital: Panama City, Panama

Latd: 8 /latm

Largest City: Panama City

Government Type: Unitary state Presidential system constitutional republic

Leader Title 1: President of Panama

Leader Name 1: Ricardo Martinelli

Leader Title 2: Vice President of Panama

Leader Name 2: Juan Carlos Varela

Legislature: National Assembly (Panama)

Sovereignty Type: Independence

Established Event 1: from Spain

Established Date 1: November 28, 1821

Established Event 2: from Colombia

Established Date 2: November 3, 1903

Area Rank: 118th

Area Magnitude: 1 E8

Area Km 2: 75,517

Area Sq Mi: 29,157

Percent Water: 2.9

Population Census: 3,595,490

Population Census Year: August 2012

Population Density Km 2: 47.6

Population Density Sq Mi: 123.3

Population Density Rank: 156th

GDP PPP: $55.797 billion
GDP PPP Year: 2012

GDP PPP Per Capita: $15,265
GDP Nominal: $34.819 billion
GDP Nominal Year: 2012

GDP Nominal Per Capita: $9,526
HDI: url

HDI Rank: 58th

HDI Year: 2011

HDI Category:
Gini:
Gini Year: 2009

Gini Category:
Currency: Panamanian balboa, U.S. dollar

Currency Code: PAB, USD

Time Zone: Eastern Time

Drives On: right

Utc Offset: ?5

Cctld: .pa

Calling Code: +507

Panama (i/E?pA?nE?mE?E?/ PAN-E?-maha??; Spanish: PanamA?a??), officially the Republic of Panama (Spanish: RepA?blica de PanamA? [reE?puI?lika A?e panaE?ma]), is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean to the north and the Pacific Ocean to the south. The capital is Panama City.
Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Nueva Granada, Ecuador, and Venezuela, named the Republic of Gran Colombia. When Gran Colombia dissolved in 1831, Panama and Nueva Granada remained joined. Nueva Granada later became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the Panama Canal to be built by the U.S. Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the United States to Panama by the end of the 20th century.
Revenue from canal tolls represents today a significant portion of Panama's GDP. Panama has the third- or fourth-largest economy in Central America and it is also the fastest growing economy and the largest per capita consumer in Central America. In 2010 Panama ranked 4th among Latin American countries in terms of the Human Development Index, and 54th in the world in 2010. As of 2010, Panama is the second most competitive economy in Latin America as well according to the Global Competitiveness Index from the World Economic Forum (WEF). Panama's jungle is home to an abundance of tropical plants, animals and birds a?? some of them to be found nowhere else in the world.
There are several theories about the origin of the name "Panama". Some believe that the country was named after a commonly found species of trees. Others believe that the first settlers arrived in Panama in August, when butterflies abound, and that the name

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