Panama Nature & Economy

Location: Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Population: 3,903,000 (2014 est.)
Land Area:75517 km2
Capital: Panama City
Main cities: San Miguelito, Colon
Languages: Spanish (official), English
GDP: $25.644 billion (2014 est.)
Monetary unit: balboa; U.S. dollar
Exports: $9.662 billion f.o.b.; note - includes the Colon Free Zone (2007 est.)
Exports – commodities: bananas, shrimp, sugar, coffee, clothing
Exports – partners: US 39.8%, Spain 8.1%, Netherlands 6.7%, Sweden 5.6%, Costa Rica 4.5% (2006)
Imports: $12.1 billion f.o.b. (includes the Colon Free Zone) (2007 est.)
Imports – partners: US 27%, Netherlands Antilles 10.1%, Costa Rica 5.1%, Japan 4.7% (2006)
Land use:
arable land: 7.26%
permanent crops: 1.95%
other: 90.79% (2005)
Natural resources: copper, mahogany forests, shrimp, hydropower




IP Law Firms Inquiry

Recommended IP Figures