So, where in the world is the country of Panama?
Well, if you look at a world map showing North and South America, you’ll see a small section connecting these 2 land masses called Central America. It’s in this location, close to the equator and nestled between Costa Rica and Colombia, where you’ll find the country of Panama.
Panama is bordered to the north by the Caribbean Ocean and to the south by the Pacific Ocean. The country has nearly 4 million inhabitants, with almost half living in the capital and largest city, Panama City. Panama is in the Eastern time zone but doesn’t recognize day light savings time. There is roughly 12 hours of daylight and 12 hours of darkness all year long.
Some interesting facts about Panama: Spanish is the official and dominant language. The official currency is the Balboa…. which has a 1:1 fixed exchange rate with the US dollar since 1903, when Panama declared their independence. U.S. dollars are legal tender and used for all paper currency, and while Panama has its own coinage, U.S. coins are widely used.