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Rank Country Human Development Index (HDI) Region World HDI value Change in HDI value 2019–22* Average annual growth (2010–2021) [2] 2022 2021
Panama is located in Central America, bordering both the Caribbean Sea and the Pacific Ocean, between Colombia and Costa Rica. It mostly lies between latitudes 7° and 10°N, and longitudes 77° and 83°W (a small area lies west of 83°). Its location on the Isthmus of Panama is strategic. By 2000, Panama controlled the Panama Canal which ...
Central America is usually defined as consisting of seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Within Central America is the Mesoamerican biodiversity hotspot, which extends from southern Mexico to southeastern Panama.
In 1501, Rodrigo de Bastidas was the first European to explore the Isthmus of Panama sailing along the eastern coast. A year later Christopher Columbus on his fourth voyage, sailing south and eastward from upper Central America, explored Bocas del Toro, Veragua, the Chagres River and Portobelo (Beautiful Port) which he named.
A map of Panama. Panama City, Panama's capital city. Colón City, capital of the Colón province. David, capital of the Chiriquí province. La Chorrera, capital of the Panamá Oeste province. Santiago, capital of the Veraguas province. This is a list of cities in Panama.
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Central America is a subregion of the Americas [1] formed by six Latin American countries and one (officially) Anglo-American country, Belize.As an isthmus it connects South America with the remainder of mainland North America, and comprises the following countries (from north to south): Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama.
Panama is regarded as having a high-income economy. In 2019, Panama ranked 57th in the world in terms of the Human Development Index. In 2018, Panama was ranked the seventh-most competitive economy in Latin America, according to the World Economic Forum's Global Competitiveness Index. Panama was ranked 82rd in the Global Innovation Index in 2024