On April 2, 2013, I drove my wife to visit her gynecologist. His office is in the commercial heart of the city called Paitilla. It is one of the most congested areas of the metropolis, as far as high-rise buildings and heavy traffic is concerned.
While waiting for the physician I wandered about the building and enjoyed the view of the modern city from the fifth floor. It was a magnificent sight of a blooming city. I had taken my compact Birthday Camera with me and decided to take a few shots through the slightly tainted glass window to capture the panoramic view. It was a clear day with blue skies and cotton-candy clouds.
During the last three decades Panama has enjoyed a robust economic growth, one of the highest in the region. For example, last year our economic growth was 10.7 percent, one of the highest in the world. While many first world countries are struggling to stay afloat we are enjoying a four percent unemployment situation and growing at double-digit rates.
I see a bright future for our country if we are able to keep our house in order. We never know when a black swan will emerge and rain on the parade.
STATISTICS OF THE REPUBLIC OF PANAMA
- Total Area: 75,420 square kilometers (World Rank: 119th)
- Population: 3.52 million people (World Rank: 132nd) – 2010 estimate
- Population Density: 47.3 people per square kilometer (World Rank: 158th) – 2010 estimate
- Population Growth: 1.65 percent per year (World Rank: 82nd) – 2010 estimate
- Life Expectancy: 77.3 years (World Rank: 63rd) – 2009 estimate
- Median Age: 27 years (World Rank: 120th) – 2009 estimate
- Literacy Rate: 94.09 percent – 2010 estimate
- GDP: $26.78 billion per year (World Rank: 96th) – 2011 estimate
- Consumer Price Inflation: +5.88 percent per year (World Rank: 69th) – 2011 estimate
- Long Term Unemployment Rate: 4.1 percent (World Rank: 22nd highest) – 2001 estimate
- Internet Usage: 1.525 million people (42.7 percent of the population)
- Mobile Cellular Subscriptions: 7.281 million (World Rank 93rd) – 2011 estimate
- Vehicles in Use: 315,100 (103 vehicles per thousand people)
- Total Road Length: 11,600 kilometers
- Public Education Spending: 3.572 percent of GDP (World Rank 137th) – 2011 estimate
- Students: 846,157 people (24.84 percent of population)
- Teachers: 38,571 people (World Rank 121st) – 2011 estimate
- Physicians per Capita: 1.5 people per thousand people
- Hospital Beds: 1.8 per thousand people
- Labor Force: 1.649 million people (46.89 percent of population)
And now you know a bit more of who we are and how we look like. Good Day.