Page 197 - Caribbean-Central America Profile 2018

PANAMA

CARIBBEAN-CENTRAL AMERICA PROFILE 2018

Marcos A. Gelabert Airport, located at Albrook Country Profile
in Panama City, is the main airport for general
aviation within the country. Between small World view 1990 2000 2010 2016
domestic carriers, charter airlines, helicopter Population, total (millions) 2.47 3.03 3.64 4.03
companies and private aviation, it is a busy Population growth (annual %) 2.1 2.0 1.8 1.6
airport. It also has customs and immigration Surface area (sq. km) (thousands) 75.4 75.4 75.4 75.4
facilities to accommodate overseas flights. Population density (people per sq. km of land area) 33.2 40.8 49.0 54.3
Poverty headcount ratio at national poverty lines (% of population) .. .. .. 23.0
TELECOMMUNICATION Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) 21.9 14.7 4.6 3.8
48.99
6.56
Panama benefits from five of the major submarine GNI, Atlas method (current US$) (billions) 2,660 11.85 25.99 12,140
GNI per capita, Atlas method (current US$)
3,910
7,130
telecommunications loops traversing through GNI, PPP (current international $) (billions) 12.06 24.40 50.90 84.67
the country. The physical location of these GNI per capita, PPP (current international $) 4,880 8,050 13,970 20,990
fiber-optic lines provides unlimited connectivity People
capability for global communications. Panama Income share held by lowest 20% 1.2 1.7 3.3 3.4
77
78
75
73
Pacifico benefits from one of these loops being Life expectancy at birth, total (years) 3.1 2.7 2.6 2.5
Fertility rate, total (births per woman)
located onsite in the new global business hub. Adolescent fertility rate (births per 1,000 women ages 15-19) 97 89 80 74
Panama has the highest level of communications Contraceptive prevalence, any methods (% of women ages 15-49) .. .. 52 63
infrastructure for telephone, fax, internet, and Births attended by skilled health staff (% of total) 86 91 93 94
cellular communications in all of Central & Mortality rate, under -5 (per 1,000 live births) 31 26 20 17
South America, including the Caribbean. Prevalence of underweight, weight for age (% of children under 5) .. 5.1 3.9 ..
Immunization, measles (% of children ages 12-23 months) 73 97 97 90
Primary completion rate, total (% of relevant age group) 81 92 94 100
ELECTRICITY School enrollment, primary (% gross) 100.7 106.1 107.0 102.2
Electricity is supplied at 100 volts, 220 volts School enrollment, secondary (% gross) 59 65 71 76
(industrial), 60 cycles. Most of Panama’s School enrollment, primary and secondary (gross), gender parity index (GPI) 1 1 1 1
electricity generators serve the country’s Prevalence of HIV, total (% of population ages 15-49) 0.3 0.7 0.8 0.8
national grid, SIN – Sistema Interconectado Environment
Nacional, while others provide power in isolated Forest area (sq. km) (thousands) 50.4 48.7 47.0 .. 46.2
5.2
4.1
Terrestrial and marine protected areas (% of total territorial area)
4.4
areas not connected to the grid – Sistemas Annual freshwater withdrawals, total (% of internal resources) .. .. 0.8 0.8
Aislados (SA). SA makes up about 3% of the Improved water source (% of population with access) 84 90 93 95
country’s total installed capacity. Self producers Improved sanitation facilities (% of population with access) 59 67 72 75
(Autogeneradores), such as the Panama Canal Urban population growth (annual %) 2.9 3.2 2.2 2.1
603
848
991
Authority and Bocas Fruit Company, also sell Energy use (kg of oil equivalent per capita) 1.12 1.91 2.52 1,079
2.25
CO2 emissions (metric tons per capita)
the excess electricity to the SIN. Transmission Electric power consumption (kWh per capita) 833 1,267 1,745 2,063
remains in the hands of the government through Economy
the publicly owned Empresa de Transmisión GDP (current US$) (billions) 6.43 12.30 28.92 55.19
Eléctrica (Etesa). GDP growth (annual %) 8.1 2.7 5.8 4.9
Inflation, GDP deflator (annual %) 0.6 -1.2 2.8 0.9
The Government of Panama expects to double Agriculture, value added (% of GDP) 20 8 22 6 21 4 28 3
Industry, value added (% of GDP)
the country's electricity generating capacity Services, etc., value added (% of GDP) 71 72 75 69
by the year 2023, reaching 2,600 megawatts Exports of goods and services (% of GDP) 57 62 66 45
of hydro, thermal and wind power, according Imports of goods and services (% of GDP) 64 72 76 50
to data obtained by the Department of Energy. Gross capital formation (% of GDP) 21 36 37 46
Panama currently has an installed electricity Revenue, excluding grants (% of GDP) .. .. .. .. .. .. .. ..
Net lending (+) / net borrowing (-) (% of GDP)
generating capacity of around 1,300 MW to States and markets
meet a demand of 1,150 megawatts, the highest Time required to start a business (days) .. 18 9 6
recorded so far in the country. Domestic credit provided by financial sector (% of GDP) 43.5 89.0 81.8 84.1
Tax revenue (% of GDP) .. .. .. ..
CONTACTS Military expenditure (% of GDP) 1.1 0.9 .. ..
American Chamber of Commerce and Mobile cellular subscriptions (per 100 people) 0.0 13.4 180.7 172.3
Industry of Panama (AMCHAM) Individuals using the Internet (% of population) 0.0 .. 6.6 0 40.1 1 54.0 0
High-technology exports (% of manufactured exports)
Ocean Business Plaza, Suite 1709 Overall level of statistical capacity (scale 0-100) .. .. 79 73
Ave. Aquilino de la Guardia & 47th Street Global links
Marbella, Panama Merchandise trade (% of GDP) 29 34 96 52
Tel: (507) 301-3881 Net barter terms of trade index (2000 = 100) 69 100 88 91
Fax: (507) 301-3882 External debt stocks, total (DOD, current US$) (millions) 6,679 6,608 48,882 87,724
E-mail: amcham@panamcham.com Total debt service (% of exports of goods, services and primary income) 6.2 9.5 6.2 8.9
Net migration (thousands) 2 16 28 ..
Personal remittances, received (current US$) (millions) 110 16 410 506
Foreign direct investment, net inflows (BoP, current US$) (millions) 136 828 2,549 5,978
Net official development assistance received (current US$) (millions) 99.3 17.4 127.2 8.8
Figures in italics refer to periods other than those specified. Source: World Development Indicators database.
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