Panama, officially the Republic of Panama, is a country in Latin America located at the southern end of Central America. It borders Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. The country’s capital and largest city is Panama City, which is home to nearly half of the country’s population.
Geography and Climate
Panama is situated on the Isthmus of Panama, a land bridge connecting North and South America. The country has a tropical maritime climate, characterized by a rainy season from May to December and a dry season from January to April. Over 40% of Panama’s land area is covered in jungles, hosting a diverse range of tropical flora and fauna.
History
Before Spanish colonization in the 16th century, Panama was home to several indigenous groups. The country declared independence from Spain in 1821 and became part of Gran Colombia. When Gran Colombia dissolved in 1831, Panama remained a province of Colombia until its secession in 1903, backed by the United States. This move facilitated the construction of the Panama Canal, which was completed in 1914.
In 1977, the Torrijos–Carter Treaties were signed, paving the way for the full transfer of the canal from the United States to Panama, which was completed on December 31, 1999.
The Panama Canal
The Panama Canal is one of the most significant engineering achievements in human history. It connects the Atlantic and Pacific Oceans, serving as a crucial global shipping route. The canal’s expansion project, completed in 2016, doubled its capacity, further strengthening Panama’s economic importance in global trade.
Government and Politics
Panama is a unitary presidential republic. The President of Panama is both the head of state and government. The country has a multi-party system and is known for its political stability in the region. In recent years, Panama has navigated geopolitical challenges, including balancing relations with global powers such as the United States and China.
Economy
Panama has a high-income economy driven by commerce, banking, and tourism. The canal remains a significant source of revenue, alongside its banking sector, which positions Panama as a financial hub in Latin America. The country has also developed a thriving service sector, attracting international investment.
Culture and Festivals
Panama’s culture is a mix of indigenous, African, and Spanish influences. The country celebrates numerous festivals, with the Panama Carnival being one of the most significant. This annual event takes place before Ash Wednesday and includes parades, music, dancing, and water festivities. Las Tablas and Aguadulce host some of the largest Carnival celebrations in the country.
Sports
Football (soccer) is the most popular sport in Panama. The national team has competed in major international tournaments, including the FIFA World Cup. Baseball is also widely played, and boxing has produced several world champions from Panama.
Provinces and Comarcas
Panama is divided into ten provinces and five indigenous comarcas (autonomous regions).
Provinces:
- Bocas del Toro
- Chiriquí
- Coclé
- Colón
- Darién
- Herrera
- Los Santos
- Panamá
- West Panamá
- Veraguas
Comarcas:
- Emberá
- Guna Yala
- Naso Tjër Di
- Ngäbe-Buglé
- Kuna de Madugandí
- Kuna de Wargandí
International Relations
Panama is a founding member of the United Nations and participates in international organizations such as the Organization of American States (OAS), the World Health Organization (WHO), and the Latin America Integration Association (ALADI). The country maintains diplomatic relations with major global powers and has historically played a strategic role in international politics due to its control over the Panama Canal.
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