Panama Map - Republic of Panama Travel Map VH-30442407:
Panama officially known as the Republic of Panama (Spanish: Republica de Panama), is a transcontinental nation situated in Central America and South America It is which is bordered by Costa Rica to the west, Colombia to the southeast and to the southeast, the Caribbean Sea to the north as well as the Pacific Ocean to the south. The capital and the largest city in the nation is Panama City, whose metropolitan region houses nearly 50% of the nation's 4 million residents.
Panama was home to indigenous tribes prior to when Spanish colonists came to the region during the sixteenth century. It broke off from Spain in 1821 before joining the Republic of Gran Colombia, an association made up of Nueva the Granada region, Ecuador as well as Venezuela. Following the dissolution of Gran Colombia dissolved in 1831, Panama and Nueva Granada later was incorporated into part of the Republic of Colombia. With the support of the United States, Panama seceded from Colombia in 1903, which allowed to construction Panama Canal completed by an army of the US Army Corps of Engineers between 1904 and 1914. In 1977, the Torrijos-Carter Treaties brought about being transferred of the Canal from the United States to Panama on December 31st, 1999. The rest of the territory was transferred in 1979.
The revenue from tolls on canals continues to make up a large amount of the country's GDP while banking, commerce tourism, and banking are the main and growing industries. Panama is considered to be a country with high income. In the year 2018, Panama was ranked 66th in the world according to its Human Development Index. In the year 2018, Panama was ranked the seventh-most economically competitive country in Latin America, according to the World Economic Forum's Global Competitiveness Index. With approximately 40 percent of its surface area, the forests of Panama are home to a variety of tropical animals and plants and animals - some of which are found nowhere else. Panama is an original member of the United Nations and other international organizations like OAS, LAIA, G77, WHO, and NAM.
The regions of Panama: Kachin State, Kayah State, Kayin State, Chin State, Sagaing Region, Tanintharyi Region, Bago Region, Magway Region, Mandalay Region, Mon State, Rakhine State, Yangon Region, Shan State, Ayeyarwady Region
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