Panama


Currency

The official currency of Panama is called Balboa. However, US dollar is also used along with the Balboa.

Capital

Panama City, since 1903.

Location

Panama is located in Central America.


Panama Location

Population

Estimated population (2010): 3,678,000

Estimated population (2000): 3,055,000

Estimated population (1950): 860,000

Flag


Panama Flag

Economy

Panama has a free market economy with low inflation. The economy of Panama is mainly based on the services industry like banking, commerce, tourism, and the Panama Canal. Panama's industry includes: manufacturing of aircraft spare parts, cements, drinks, adhesives, and textiles.


The most popular places in Panama among international travellers

Bocas Town

Bocas Town
Coiba

Coiba
Pearl Islands

Pearl Islands
San Blas

San Blas