Panama 1995

According to HYPERRESTAURANT, Panama is a Central American country located between Colombia and Costa Rica. It is home to over four million people, with the majority of its population living in the capital city of Panama City. The official language of Panama is Spanish, though English is also widely spoken by many people in the country. See ENINGBO for more countries in North America.

Panama has a thriving economy based largely on tourism, banking, and international trade. It is one of the most important financial centers in Latin America and its ports are among the busiest in the world. Additionally, Panama’s geographic location makes it an ideal destination for travelers looking to explore nearby countries such as Costa Rica and Nicaragua.

The culture of Panama is a vibrant blend of indigenous, African and European influences. This can be seen through its traditional music which includes marimba and tamborito as well as its unique cuisine which includes dishes such as ceviche and empanadas. Additionally, Panamanians are known for their hospitality and welcoming nature which extends out to visitors from all over the world who come each year to explore this beautiful country.

According to aceinland, due to its stunning beaches, vibrant culture and friendly people Panama has become known affectionately by locals themselves as “The Crossroads Of The Americas” due to it being situated at the heart of Central America where two continents meet – North America and South America – allowing it to serve as a bridge between these two regions. Additionally it is also referred to “The Land Of Opportunity” due to its booming economy that offers numerous opportunities for business owners who come each year looking for success in this tropical paradise.

Panama Bordering Countries

Population of Panama

As of 1995, Panama had a population of approximately 2.8 million people. The majority of the population was concentrated in the urban areas, with nearly sixty percent of the population living in and around Panama City. Outside of Panama City, the majority of the population was distributed between Colon and David, two major cities located on either side of the Panama Canal.

According to, the ethnic makeup of Panama in 1995 was largely mestizo (mixed Amerindian and Spanish). This group made up approximately 70 percent of the total population, while fourteen percent were Amerindian and ten percent were African-descended. The remaining six percent were composed primarily of other ethnic groups, including Chinese and Middle Easterners.

In terms of language, Spanish was by far the most widely spoken language in 1995 with more than 90 percent of the population being native Spanish speakers. Other languages spoken at this time included English (4%), Chinese (1%), Arabic (0.5%) and various Amerindian languages (3%).

In terms of religion, Catholicism was by far the most popular faith in 1995 with nearly eighty-five percent identifying as Catholic, while nine percent identified as Protestant and three percent identified as nonreligious or members of minority religions such as Judaism or Islam. In addition to this religious diversity, there were also significant differences in terms economic status among those living in Panama in 1995; 18% lived below poverty line while 10% lived above it.

Economy of Panama

The economy of Panama in 1995 was largely based on services, with the vast majority of the population employed in the tourism, banking and communications sectors. The banking sector was particularly important as Panama had become an international financial center due to its low taxes, relaxed regulations and its use of the US dollar as its official currency.

Agriculture also played a role in Panama’s economy in 1995, although it only accounted for approximately three percent of GDP. The majority of agricultural production came from sugarcane, bananas and coffee beans, while other crops such as rice and maize were also grown.

The manufacturing sector was relatively small in 1995 and made up just nine percent of GDP. The majority of manufacturing activity was focused on food processing and beverages but there were also some light industries such as textiles and chemicals.

In terms of trade, Panama had strong links with the US due to the Panama Canal which allowed ships to pass between the Atlantic and Pacific oceans without having to circumnavigate South America. As a result, most exports went to the US while imports came primarily from other Latin American countries such as Mexico and Colombia.

Overall, Panama’s economy in 1995 was largely reliant on services although agriculture still played an important role. In addition, trade links with the US meant that most exports went there while imports came from other Latin American countries.

Foreign Policy of Panama

Panama’s foreign policy in 1995 was largely focused on maintaining good relations with the US, its major trading partner and the country responsible for the construction of the Panama Canal. As a result, Panama sought to remain on friendly terms with Washington and took steps to ensure that its policies did not conflict with those of the US.

In addition, Panama also sought to maintain cordial relations with other Latin American countries. Notable efforts included signing several bilateral agreements with Mexico and Colombia in 1995 which focused on economic cooperation and increased trade between the three countries.

Panama was also active in regional organizations such as the Organization of American States (OAS) and took part in several initiatives such as the Central American Peace Process which aimed to resolve conflicts between neighboring countries.

Finally, Panama was also involved in international organizations such as the United Nations where it played an active role in advocating for human rights issues and environmental protection.

In conclusion, Panama’s foreign policy in 1995 was largely focused on maintaining good relations with its major trading partner, the US, while also striving for better ties with other Latin American countries. It also took part in several regional initiatives aimed at resolving conflicts between neighboring countries as well as advocating for human rights issues within international organizations such as the United Nations.

Events Held in Panama

In 1995, Panama celebrated the 500th anniversary of its discovery by Christopher Columbus. A grand celebration was held at the Balboa Monument in Panama City, with music, dance and a fireworks display. The event was attended by representatives of many different countries, including Spain, which had sent its royal family to mark the occasion. Other events included a parade through the city streets with floats featuring Panamanian culture and history. There were also cultural performances such as plays and dances presented by local artists. The celebration concluded with a grand ball attended by dignitaries from around the world.

The 500th anniversary celebration continued for several days with many other events taking place throughout Panama. On October 12th, 1995, thousands of people gathered in the town of Nombre de Dios to celebrate the arrival of Vasco Nuñez de Balboa who discovered the Pacific Ocean in 1513. A large parade was held and a monument was unveiled to commemorate this historical event. Various concerts were also held throughout Panama City and nearby towns to celebrate this momentous occasion. In addition, there were special exhibitions on Panamanian culture at museums and galleries across the country as well as guided tours of historic sites such as Fort San Lorenzo and Portobelo National Park. Finally, a special mass was held at Panama’s main cathedral to honor those who had died during Spain’s conquest of Central America centuries ago.

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