Short about Panama

Is situated on an isthmus in Central America bordering the Caribbean Sea and the North Pacific Ocean between Colombia and Costa Rica

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Ten fun facts about Panama

Fact 1
Panama is one of the most developed economies in Central America and has the largest expenditure on resource consumption.

Fact 2
The official name of the country is the ‘Republic of Panama.’ The official language of Panama is Spanish although most Panamanians speak English.

Fact 3
The currency of Panama is Balboa and Dollar. Panama was the first Latin American country to adopt the U.S. currency as its own. It has a Constitutional democracy.

Fact 4
Nearly 85% of the people in the country are Catholics and the remaining 15% are Protestants.

Fact 5
The climate is tropical with high temperatures, humidity and very little seasonal variation. It is markedly cooler in the higher parts of the mountain ranges.

Fact 6
This is the only country in the world where you see the sun rise in the Pacific and set in the Atlantic.

Fact 7
Panama has the second largest duty free zone in the world. It also has the second largest registrant for offshore companies.

Fact 8
Agriculture includes coffee, sugarcane, bananas, cotton, veal and beef. Industries comprises of food processing, chemicals, machinery, textiles and metal products. Panama exports coffee, shrim, lobster, tobacco, cotton and bananas.

Fact 9
The Panama Canal generates one-third of their entire economy.

Fact 10
Panama City is the only capital city that has a rain forest within the city limits.

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