Panama is a country that is located in Central America. It basically lies on the isthmus that connects the southern America and the Northern America. It has the pacific ocean on its south and the Caribbean Sea on is north.

Panama City is the capital of this country. It is the 4th largest economy in the Central America but it is still growing at a very fast rate. Panama is also the largest per capita consumer in the Central America and it is considered as an international business center.

The temperature is high in Panama and the humidity level is also quite high. Its culture has been influenced by the European culture and this can be seen in its traditions, arts and music. It has been reported that the country has an unemployment rate of about 5.1% and in the year 2008, it was the second fastest growing Latin American economy.

The growth of the country was due to the port and shipping activities of the Colon Free Zone and Panama Canal. Balboa is the official currency of Panama. Tourism is also an important part of Panama’s economy with about 1,110,000 people visiting the country in the year 2008, and most of the tourists were from Europe.