Panama s economy, is Panama the country rich

The Panama Canal shipping region, the financial center of Cologne, the free ** zone and tourism are the four pillars of Panama's economy, and the service industry occupies an important position in the national economy.

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Republic of Panama (Spanish: la república de panamá; English: The Republic of Panama), abbreviated as Panama.

It is the southernmost country in Central America, with a total area of 75,517 square kilometers and the capital of Panama City, with a population of 4.38 million (2021), 65% of whom are of mixed Indo-European descent, and 12% of the others are African-American, 10% of Europeans, 7% of Chinese, and 6% of Indians, and the country is divided into 10 provinces and 5 Indian settlements. Omen-canceling pants.

Panama Regional LocationThe Republic of Panama is located on the Isthmus of Panama in Central America, bordered by Colombia to the east, the Pacific Ocean to the south, Costa Rica to the west, and the Caribbean Sea to the north. The land is S-shaped connecting North America and South America, and the Chaiga Panama Canal connects the Atlantic and Pacific oceans from north to south, and is known as the "bridge of the world".

Panama has an area of 75,517 square kilometers, a length of 772 kilometers and a width of between 60 and 177 kilometers. The coastline is 2,988 km long and the land border is 555 km long. In latitude and longitude, Panama is between 7° and 10° north latitude and 77° and 83° west longitude.

In 1904, Panama enacted and adopted Decree No. 84, which established the United States dollar as the currency of Panama in circulation. The law also stipulates that Panama's national currency is balboa, but only for coinage, and Panama does not issue paper money.

That is to say: Panama has a dual currency system. Only minted balboas are issued in the country, and the banknotes are US dollars.

**Accounts, all currencies and foreign trade statistics are in Balboa. The Banco Nacional de Panama, although not the country's ** bank, issues the national currency, the balboa minage.

There are two kinds. Panamanian banknotes are all in US dollars, and coins of 1 cent, 5 cents, and 1 millimeter are also in the United States. 25 milli = 2 gross 5 points, and 5 mao is also Panamanian. Recently released coins: 1 yuan (Panamanian).

No, Panama is not among the developed countriesPanama is an economic powerhouse in Central America, with copper mining and finance being the country's main industries. At the same time, the Panama Canal has provided the country with huge revenues and jobs in advance. It's a nucleus.

Panama is a Central American country bordered by Colombia and Costa Rica, a narrow strip of land between North and South America, and one of the links between South and North America.

Note. Panama is blessed with two coastlines, the Caribbean coast in the north and the Pacific coast in the south. Panama's most famous tourist attraction and economic artery is the Panama Canal, which connects the Atlantic and Pacific Oceans.

The Panama Canal is world-famous, and since its completion in 1914, it has radically improved the movement of goods between the Atlantic and Pacific regions.

The Panama Canal plays a vital role in the Panamanian economy and is one of the reasons why many foreign companies are stationed in Panama. At the same time, it is also a world-famous route that plays an extremely important role in the development of the global economy.

Panama has a land area of 75,500 km, a population of 4.36 million (2019), a total GDP of 52.9 billion US dollars (2020), and a per capita GDP of 12,373 US dollars. China, with a land area of about 9.6 million square kilometers, a population of 144349 million (2020), a total GDP of 1143670 billion yuan (2021), and a per capita GDP of 80,976 yuan (2021), according to the current exchange rate, 1 US dollar = RMB, converted, China's total 100 million US dollars and 100 million US dollars per capita; In contrast, Panama's land is one-part of China, the population is one-272, the total GDP is one-320, and the per capita GDP is multiple, generally speaking, the per capita GDP is basically the same, but the total income and other data, Panama is far from it, per capita GDP can not represent how much personal income is, so analyzed, Panamanian air rush may be slightly higher than the income of Chinese, but Panamanian country is far less rich than China, Panama is a small country, very dependent on the United States, But the territory is small, the population is small, simply can not resist the threat of the United States, the Panama Canal has been occupied by the United States, all income belongs to the United States, in the eighties of the last century, when Panama **Noriega announced**Panama Canal, on December 20, 1989, 27,000 heavily armed US troops with a variety of high-tech equipment invaded this small country with a land area of only 75,000 square kilometers, Panama was breached in only 15 hours to break the capital, 3 days, the whole territory of Panama fell, Panamanian anti-American forces were completely crushed. In the end, Noriega was sentenced to 40 years in prison by the United States on charges of drug trafficking** and died in a Panamanian prison in 2017. The Panama Canal was built by the United States and was under the sole control of the United States from its opening in 1914 until 1979.

However, in 1979 control of the canal was transferred to the Panama Canal Commission (a joint body of the United States and the Republic of Panama), and on 31 December 1999, full control was formally transferred to Panama. The operation and management of the canal is entrusted to the Panama Canal Authority, which is accountable only to Panama**.

The Republic of Panama is located on the Isthmus of Panama in Central America, bordered by Colombia to the east, the Pacific Ocean to the south, Costa Rica to the west, and the Caribbean Sea to the north.

The territory of the country connects North America and South America in an S-shape, and the Panama Canal connects the Atlantic and Pacific Oceans from north to south, and has the name of "World Bridge". Panama has an area of 75,517 square kilometers, a length of 772 kilometers and a width of 60 to 177 kilometers. The coastline is 2,988 kilometers long, and the land boundary is 555 kilometers long.

In latitude and longitude, Panama is between 7° and 10° north latitude and 77° and 83° west longitude.

Finally, this is not the only way to get from the Atlantic Ocean to the Pacific Ocean, but it is the most economical route. You can also make a detour to South America and then enter the Pacific Ocean from South America. Therefore, the Panama Canal is the closest strait route for cargo ships from various countries to enter the Pacific Ocean from the Atlantic.

The money earned by the Panama Canal could feed at least 60% of Panama's population. The Panama Canal is a man-made canal that connects the Pacific Ocean with the Atlantic Ocean, and the distance between the two oceans is greatly reduced and it is much safer, so many ships pass through it, and the toll is also very high.

The Panama Canal is to pay a part of the money to Panama every time a ship passes, and the Panama Canal connects the Arctic Ocean and the Pacific Ocean, and most countries have to pass through this canal**, of course, make money.

The Panama Canal is a maritime transportation hub, an important corridor to the Pacific and Atlantic Oceans, and countless ships pass through it every year.

The Panamanian merchant fleet is one of the four pillars of Panama's economy, along with the Panama Canal, the Colón Free Zone** and the International Financial Center.

The Republic of Panama (English: The Republic of Panama; Spanish: La República de Panama) Li Jinzai is the southernmost country in Central America, with a total area of 75,517 square kilometers and the capital of Panama City.

In 1501, Panama became a Spanish colony. On November 3, 1903, the Republic of Panama was established. The Panama Canal, which connects the Atlantic Ocean to the Pacific Ocean, is strategically important and is the dividing line between North and South America.

On 31 December 1999, the United States returned to Panama all land, buildings, infrastructure and all management of the Panama Canal. Given its strategic geographical location, Panama's economy is focused on the service sector, with finance, ** and tourism dominating. The financial industry and entrepot are well developed and occupy an important position in the economy.

Due to the establishment of Panama and the United States has an important relationship, Panama began to use the US dollar as the currency in circulation in 1907, and the national currency is balboa, which is equivalent to the US dollar and used in the territory at the same time, and is the first country in the world to use the US dollar as legal tender in addition to the United States.