About

Panama City

Investments in infrastructure and connections to world trade, thanks to the Panama Canal, make this country a preferred destination for the internationalization of Spanish SMEs and logistics center.

Panama has been immersed for the past three years in a process of modernization of its infrastructure, which still continues.

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Statistical Data

  • Official Name: Republic of Panama
  • Languages: Spanish (Official)
  • Capital: Panama City (founded in 1519 for Pedro Arias de Dávila)
  • Population: 4,226,197
  • Internet Penetration: 69%
  • Internet Users: 2,899,892
  • Internet Country Code: .pa
  • Ethnic Groups: Amerindian 6%, Whites 18%, Mestizos 50%, African descent 24%, Asian 1%, immigrants 1%
  • Total Area: 78,200 km2
  • Mobile Lines: 127%
  • Political Division: 9 counties, 75 districts or municipalities, 5 indigenous districts and 620 district divisions.
  • Currency: Balboa
  • PIB per Capita (USD): $7,740

Panama Canal

Major Cities

Colon

Panama City
Panama City is the capital of the Republic of Panama, located along the Gulf of Panama in the Pacific Ocean, east of the mouth of the Panama Canal. It is the seat of the national government and about 40 embassies and 63 consulates accredited. This city is the economic, political, administrative and cultural center of the country; It has tropical climate with extensive parks and beautiful sights and is an icon of fashion, gastronomy, and commerce. The growth of the city is booming and the Republic of Panama, for 8 consecutive years, has been considered by the advertising group International Living as one of the five best places to retire.
With a population 708,738, with a total metro population of 1,663,913 inhabitants is the capital of Panama, located at the Pacific entrance of the Panama Canal; Panama City is the political, administrative and cultural center of the country. Panama City has become one of the most important financial centers in Central America, with more than 104 banks.

Colon
Colon is a city and port on the Caribbean coast of Panama. It is located near the Atlantic coast of Panama Canal. The city is the capital of the province of Colon. The city is commercially important for the country because of the Colon Free Zone (the world’s second largest) and the activity in the various ports.
It’s a seaport city on the Caribbean Sea coast of Panama. In 2010 it had a population of about 232.748 people. It is near the Atlantic entrance to the Panama Canal. The city is the capital of Panama’s Colon Province.

David
David is a Panamanian city, capital of the province of Chiriqui, in the western part of the country. It is the third largest city in the country after Panama City and Colon. David is the most important urban center of the West part of the country, receiving people from neighboring provinces, as well as the Costa Ricans cities like Nely, Golfito and other near the border.
Is Panama’s third largest urban area. It functions as a hub for the province’s commercial activities, mainly agriculture and cattle raising and supplies the rest of the country. It also serves as port of exports and imports with neighboring Costa Rica. It is connected to the rest of the country by the Pan-American Highway, and the Enrique Malek Airport.
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