Fact – 1
Panama is located in North America. The country’s capital is named Panama City.
Fact – 2
Panama separates the Caribbean Sea from the Pacific Ocean. It is very interesting that in this country there are never hurricanes and earthquakes.
Fact – 3
Panama is a true investment paradise. There are more than 40 laws that protect foreign businesses.
Fact – 4
Especially businessmen love the city of Colon. Because here is located the second-largest duty-free zone in the world.
Fact – 5
Due to the investment attractiveness and laws of the country, Panama has become the second-largest offshore company in the world.
Fact – 6
Panama guarantees a low interest tax rate, complete data confidentiality and no foreign exchange controls.
Fact – 7
The country’s main income comes from the operation of the Panama Canal.
Fact – 8
About 14,000 ships pass through the canal every year. The fee for the passage of one ship can reach 400 thousand dollars.
Fact – 9
An interesting fact is that the average age of the population of Panama is 27 years, and the average life expectancy in the country is 77 years.
Fact – 10
Panamanians value their family very much. Many generations live together in the same house and take care of each other.
Fact – 11
Panama hats do not come from Panama, but from Ecuador. They are woven from the fibers of a palm tree, which is called the Panamanian palm.
Fact – 12
Beer lovers definitely like Panama Because beer is very cheap in this country. Although Indian cha-cha is considered a traditional alcoholic drink.
Fact – 13
In 1906, Coca-Cola was first sold in Panama.
Fact – 14
In the capital of Panama is a Coca-Cola café – the only one in the world with this name. This is the exclusive and oldest café in the city, built in 1883.
Fact – 15
The Panama Railway is the oldest and most expensive in the world. It was built over five years from 1850 to 1855 and cost $8 million to complete.
Fact – 16
During the colonial period, Panama was the largest financial center due to the mining of silver and gold.
Fact – 17
Most Panamanians are descendants of mixed nationalities and cultures. The indigenous people of the country are Europeans, Afro-Caribbeans and many others. Panama’s diverse culture is reflected in its music and art.
Fact – 18
Volcano Barú is the highest point in Panama. From this volcano, you can see the sunrise in the Pacific Ocean and the sunset in the Atlantic.
Fact – 19
It is worth knowing that the inventor of Murphy’s Law (Edward Murphy) was born in the Panama Canal Zone in 1918.
Fact – 20
About 40% of Panama is covered by jungle. And Panama City is the only capital in the world that has a rainforest.
Fact – 21
The golden frog is the national animal of Panama. This country has a huge number of birds and plants. This makes Panama one of the most biodiverse countries in the world.
Fact – 22
Panama does not officially have an army. In 1989, the country’s army was disbanded.
Fact – 23
Panama has a national police force, aviation and maritime services, and border guards.
Fact – 24
Baseball is the most popular sport in Panama. The local population are real fans of this sport.
Fact – 25
Scientists have found that the formation of the Isthmus of Panama changed the climate, which caused the appearance of Homo sapiens.