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Republic of Panama
National name: República de Panamá
President: Mireya Moscoso (1999)
Area: 29,761 sq. mi. (78,200 sq. km)
Population (1999 est.): 2,778,526 (average annual rate of natural increase: 1.66%); birth rate: 21.7/1000; infant mortality rate: 23.4/1000; density per sq. mi.: 93
Capital and largest city (1993 est.): Panama City, 450,668
Other large cities: San Miguelito, 293,564; Colón, 137,825
Monetary unit: Balboa
Languages: Spanish (official); many bilingual in English
Ethnicity/race: mestizo (mixed Indian and European ancestry) 70%, West Indian 14%, white 10%, Indian 6%
Religions: Roman Catholic, over 93%; Protestant, 6%
Literacy rate: 89%
Economic summary: GDP/PPP (1998 est.): $19.9 billion; $7,300 per capita. Real growth rate: 2.7%. Inflation: 1.4%. Unemployment: 13.1% (1997 est.). Arable land: 7%. Agriculture: bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp. Labor force: 1.044 million (1997 est.); government and community services, 31.8%; agriculture, hunting, fishing, 26.8%; commerce, restaurants, hotels, 16.4%; manufacturing and mining, 9.4%; construction, 3.2%; transportation and communications, 6.2%; finance, insurance, and real estate, 4.3%. Industry: construction, petroleum refining, brewing, cement and other construction materials, sugar milling. Natural resources: copper, mahogany forests, shrimp. Exports: $6.68 billion (f.o.b., 1997): bananas, shrimp, sugar, clothing, coffee. Imports: $7.38 billion (f.o.b., 1997): capital goods, crude oil, foodstuffs, consumer goods, chemicals. Major trading partners: U.S., EU, Central America and Caribbean, Japan.
