🌎 Panama: A Quick Trip Through History! 🏛️
Panama's story began in the 16th century when it was explored and settled by the Spanish. 🚢 In 1821, it broke away from Spain and joined the Republic of Gran Colombia, which included Colombia, Ecuador, and Venezuela. 🕊️ However, when this union dissolved in 1830, Panama stayed connected to Colombia. Things took an interesting turn in 1903 when, with a little help from the US, Panama seceded from Colombia! 🇺🇸 After this, Panama quickly signed a treaty with the US to build a famous canal - a crucial waterway connecting the Pacific and Atlantic Oceans! 🌊🔗

🌍 Let's dive into the exciting world of Panama's exports! In 2022, Panama exported a variety of key commodities that play an important role in its economy. Here’s what Panama shipped out last year:

• Copper Ore
• Ships 🚢
• Fish 🐟
• Bananas 🍌
• Refined Petroleum ⛽

These commodities reflect Panama's rich natural resources and strategic position in global trade. Each item has its own story and value, helping boost the nation's economy!

🌍 Panama's Export Partners in 2022 🌍

Did you know that Panama has a variety of partners for its exports? Here's a fun breakdown of where Panama sends its goods!

• China leads the pack with 17% of Panama's exports! 🇨🇳
• Japan follows with 12%, showing strong trading ties. 🇯🇵
• South Korea is next at 8%, contributing to Panama's economy. 🇰🇷
• The United States and Spain are tied, each taking 5% of exports. 🇺🇸🇪🇸

These percentages show how important each country is to Panama's trade. Let's visualize these numbers using a pie chart! 🍰

🌟 Welcome to Panama City, the vibrant capital of Panama! 🏙️ This remarkable city sits at the crossroads of the Pacific and Caribbean, making it a crucial hub for business and tourism. With a rich history and modern skyline, Panama City is definitely a place to explore! 🗺️

🌍 Panama imports a variety of important commodities that keep its economy vibrant! In 2022, the country imported the following essential goods:

• Crude Petroleum: 🌊 A major energy source for power and transportation!
• Refined Petroleum: ⛽ Important for domestic use, helping to fuel vehicles and industries.
• Ships: 🚢 Vital for maritime trade, bringing goods and resources to the country.
• Garments: 👗 Clothing imports to meet the fashion needs of its citizens.
• Packaged Medicine: 💊 Ensuring health and wellness with necessary medical supplies.

These commodities play a critical role in shaping Panama's trade and economy! 📊

🌴 Panama enjoys a tropical maritime climate that's perfect for all you sun lovers out there! ☀️ It's hot, humid, and often cloudy, creating a lush environment. The country experiences a long rainy season that stretches from May to January, while the short dry season lasts from January to May. Get your umbrellas ready! ☔

Executive Branch of Panama 🇵🇦

In Panama, the executive branch is a vital part of its government, led by the chief of state and head of government, both of whom are the same person: President José Raúl MULINO Quintero! 🎉 He has been at the helm since 1 July 2024.

This dual role means that President Quintero is leading the country both as the top leader and as the head of government, making decisions that can shape the future of Panama. 🌟

In Panama, the legislative branch is known as the National Assembly 🏛️. It consists of 71 seats, making it a unicameral body. This means that there is only one house that handles the legislative process. It's an important institution for making laws and shaping the future of the country! 📜

🌍 Panama is rich in natural resources! It has valuable treasures like copper, mahogany forests, shrimp, and hydropower. These resources not only tell us about the rich biodiversity but also support the economy and the livelihoods of many people. 🌱🍤💧 Let's dive deeper into what these resources mean for Panama!

🌟 Economy of Panama 🌟

Panama is an upper middle-income nation in Central America. It has a diverse economic landscape, but one of its standout features is its growing trade with China, which is becoming increasingly important! 📈

In Panama, the US dollar is widely used, making it a significant player in international finance. 💵 There's also an exciting development happening: the expansion of the Panama Canal is leading to broader investments in infrastructure. 🏗️

The services sector is the biggest part of the economy, showing that Panama offers various services to its people and tourists. 🏨✈️ However, Panama also faces challenges, having a history as a money-laundering and illegal drug hub. ☠️

Overall, while Panama shines with its economic potentials, it has some clouds hovering over its past.

🇵🇦 Panama's Government Type 🇵🇦

Did you know that Panama is a presidential republic? This means that the country has a president who is the head of state and government, making important decisions! 🏛️

In a presidential republic, the president is usually elected by the citizens, and they have the power to execute laws and make sure the country runs smoothly. Isn't that interesting? 💼🌍

🗺️ Ethnic Diversity in Panama 🇵🇦

Panama is a colorful tapestry of cultures and ethnicities! Each group contributes to the rich heritage of this beautiful country.

Here's a breakdown of the major ethnic groups in Panama:

• Mestizo (mixed Indigenous and White): 65% 👫
• Indigenous: 12.3% 🪶
  • Ngabe: 7.6%
  • Kuna: 2.4%
  • Embera: 0.9%
  • Bugle: 0.8%
  • Other: 0.4%
  • Unspecified: 0.2%
• Black or African descent: 9.2% 🌍
• Mulatto: 6.8% 🌈
• White: 6.7% 🤵

As you can see, Panama is primarily made up of Mestizos, followed by Indigenous peoples and individuals of African descent. Each ethnic group plays a vital role in the cultural and social composition of the nation! 🌈✨

In Panama, the religious landscape is quite colorful! 🌈 Here's a quick breakdown of the major religions practiced:

• Evangelical: 55% - A majority of the population! 🙌
• Roman Catholic: 33.4% - A significant portion as well! ⛪
• None: 10.1% - Some folks identify with no religion. 🚫
• Unspecified: 1.5% - A small number haven't specified their beliefs. 🤷

This shows that Panama is predominantly Evangelical, followed by Roman Catholicism. Isn't it fascinating how diverse beliefs can be? 🌍✨

🌍 Languages Spoken in Panama 🇵🇦

Panama is a colorful country with a variety of languages! The official language is Spanish, which is widely spoken by the majority of the population. 🗣️ But that's just the beginning!

Panama is also home to a rich tapestry of indigenous languages like:

• Ngabere (Guaymi)
• Buglere
• Kuna
• Embera
• Wounaan
• Naso (Teribe)
• Bri Bri

Additionally, you can hear Panamanian English Creole in certain places. This fun mix of English and Spanish has roots in indigenous languages too, and is known as Guari Guari or Colon Creole. 🏖️

Other languages such as English, Chinese (Yue and Hakka), Arabic, French Creole, and even languages like Yiddish, Hebrew, Korean, and Japanese are also part of this linguistic landscape! 🌈

Isn't it fascinating how many ways people communicate in Panama? ✨

🌎 Panama is passionate about trade! In 2022, its main trading partners showcased an interesting mix. China and the United States were neck and neck, each contributing 20% to Panama's imports. 🇨🇳🇺🇸 Also making a splash were Guyana and Colombia, each accounting for 11%. 🇬🇾🇨🇴 And let's not forget Ecuador, providing 9% of imports! 🇪🇨 This vibrant partnership reflects Panama's diverse import sources and strong economic connections. 📊

🌍 Population of Panama: The total population of Panama is a whopping 4,470,241! This number showcases the vibrant and bustling communities that thrive within this Central American gem. 📈

🌍 Did you know that Panama covers a total area of 75,420 square kilometers? This beautiful country boasts a vast expanse of land and a sprinkle of water! Here's how it breaks down:

• Land Area: 74,340 sq km 🏞️
• Water Area: 1,080 sq km 💧

With plenty of land, Panama is the perfect playground for nature lovers and adventurers alike!

📊 Panama's Real GDP (purchasing power parity) is showing some exciting growth! In 2023, it is estimated to be $159.867 billion! 🎉 Let's see how it has evolved over the past few years:

• 2021: $134.436 billion
• 2022: $148.968 billion
• 2023: $159.867 billion

Isn't it great to see the economy improving? 💪

🏝️ Did you know that Panama's economy has been growing steadily? Let's take a look at the Real GDP per capita over the last few years! 📈

• 2021: $30,900
• 2022: $33,800
• 2023: $35,800

This shows us that the people of Panama are getting wealthier! 💰🔥

💰 Let's dive into Panama's import numbers! In recent years, Panama's imports have shown a steady increase. Here's the breakdown:

• In 2021, the country imported $24.459 billion.
• This amount rose to $32.693 billion in 2022.
• And in 2023, it's estimated to be $36.135 billion! 🌟

This growth reflects Panama's expanding economy and its role as a trading hub in Central America. 📈

📊 Let's dive into the world of Panama's exports! Here are some interesting numbers showing how much Panama exported in recent years:

• In 2023, the exports were $36.569 billion!
• In 2022, the exports were $35.731 billion.
• And in 2021, they were $27.488 billion.

As we can see, Panama's exports have been on the rise, especially from 2021 to 2023! 🌟 It's exciting to see this growth in trade!

🌍 In Panama, the population growth rate is projected to be 1.48% in 2024! This means more people are calling this beautiful country home, and it's exciting to see how Panama is growing! 📈