Panama is an international business center and is also a transit country. In Central America, Panama is the second most industrialized country. Panama's economy is mainly service-based, heavily weighted toward banking, commerce, tourism, trading and private industries because of its key geographic location.
Panama
The Republic of Panama is commonly called as Panama. Panama is located in the Southern part of Central America.
Bordering Countries Costa Rica: Northwest Colombia: Southeast
Sea Caribbean Sea: North Pacific Ocean: South
About Panama Panama is the central of all international business. Panama city is the capital city of Panama. Panama is the Central America's rapidly growing economy. Panama is democratic republican (presidential representing). According to the constitution of Panama president is not only the head of the state but also he is the head of the government. Government has the executive powers. There are nine administrative divisions of Panama that are called as provinces. Each province has its own governor. Climate of Panama is tropical, temperature remains high while high humidity. Seasonal variations are very small. Roman Catholic is the major religion in Panama. Other religious groups are evangelical Christian, Baha'i Faith, Jewish and Muslims.
