Welcome to Panamá


Brief information about the Panamá

Panama}} /1e6 roughly 0}} million individuals. Ref}} /1e6 roughly 0}} million individuals. Ref Panama (PAN-ə-mah, pan-ə-MAH; Spanish: Panamá IPA: [panaˈma] ), formally the Republic of Panama (Spanish: República de Panamá), is a transcontinental country in Central America and South America, bordered by Costa Rica to the west, Colombia into the southeast, the Caribbean Sea to the north east, and the Pacific Ocean to the south.

The capital and largest city is Panama City, whose area is home to nearly half the 4 million individuals of the nation . Panama was inhabited by tribes prior colonists arrived in the 16th century.

Following Gran Colombia Panama and Nueva Granada finally became the Republic of Colombia. Panama seceded from Colombia in 1903, allowing the Panama Canal's construction to be performed by the US Army Corps of Engineers between 1904 and 1914.

The 1977 Torrijos-Carter Treaties led to the transfer of the Canal in the United States to Panama on December 31, 1999. Revenue from canal tolls continues to represent a substantial portion of Panama's GDP, although commerce, banking, and tourism are important and growing sectors.

It is seen as a nation. Concerning the Human Development Index Panama ranked 66th in the world in 2018. Panama was ranked competitive market in Latin America, according to the Global Competitiveness Index of the World Economic Forum .

Covering 40 percent of its land area around, Panama's jungles are home to an abundance of tropical plants and creatures - some of them found nowhere else on earth. Panama is a founding member of the United Nations and other international organizations such as OAS, LAIA WHO, and NAM.

Panamá Attractions