Panama is the southernmost country of Central America and, in turn, North America. Panama borders Costa Rica in the north, Columbia in the south, the Pacific Ocean in the west and the Caribbean Ocean in the east.
Panama enjoys close relations with the United States. The latter's friendly invasion in December 1989 ended Manuel Noriega's 21-year military dictatorship of Panama, and saw it assume control of the 48 mile long Panama Canal in order to protect its financial interests and insure peaceful international maritime trade.
Once the US returned control of the Panama Canal to Panama, the country slipped into a recession, though the economy began recovering in 2004. Over the past few years Panama has become of the most prosperous countries in Central America.
Panama's main industries are construction, banking, tourism, sugar refineries. The country's main agricultural exports are coffee, sugar and rice.
Panama at a Glance
Airport: Tocument Panama International Airport
Capital: Panama City
Courier Companies: Brinks Malca Amit
Currency: Balboa, USD
Diamond Exchange: Panama Diamond Exchange
Internet Domain: pa
Language: Spanish, English
Time Zone: GMT-5
Public Holidays: New Year's Day; Martyrs' Day; Carnival's Monday; Carnival's Tuesday; Holy Friday; May 1 Labor Day; Panama City day; Separation Day; Flag Day; Colon Day; Primer Grito de Independencia de la Villa de los antos; Independence Day; Mothers' Day; Christmas
Telephone Code: +507
Weather: The weather in Panama is tropical with an average humidity of 80% and is considered comfortable year-round. The rain season usually lasts between October and November, and the best time to visit the country is between late December and March.
Israeli Embassy in Panama
Embassy of Panama in Israel