Flag: divided into four, equal rectangles; the top quadrants are white with a blue five-pointed star in the center (hoist side) and plain red, the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center
Economy
Overview: The GDP contracted an
estimated 7.5% in 1989, following a drop of
20% in 1988. Political instability, lack of
credit, and the erosion of business confidence
prompted declines of 20-70% in the
financial, agricultural, commercial,
manufacturing, and construction sectors
between 1987 and 1989. Transits through
the Panama Canal were off slightly, as
were toll revenues. Unemployment
remained about 23% during 1989. Imports
of foodstuffs and crude oil increased during
1989, but capital goods imports
continued their slide. Exports were widely
promoted by Noriega trade delegations,
but sales abroad remained stagnant.
GDP: $3.9 billion, per capita $1,648; real growth rate -7.5% (1989 est.)
Inflation rate (consumer prices): -0.1% (1989 est.)
Unemployment rate: 23% (1989 est.)
Budget: revenues $598 million; expenditures $750 million, including capital expenditures of $NA (1989 est.)
Exports: $220 million (f.o.b., 1989 est.); commodities—bananas 40%, shrimp 27%, coffee 4%, sugar, petroleum products; partners—US 90%, Central America and Caribbean, EC (1989 est.)
Imports: $830 million (f.o.b., 1989 est.); commodities—foodstuffs 16%, capital goods 9%, crude oil 16%, consumer goods, chemicals; partners—US 35%, Central America and Caribbean, EC, Mexico, Venezuela (1989 est.)
External debt: $5.2 billion (November 1989 est.)
Industrial production: growth rate 4.1% (1989 est.)
Electricity: 1,113,000 kW capacity; 3,270 million kWh produced, 1,380 kWh per capita (1989)
Industries: manufacturing and construction activities, petroleum refining, brewing, cement and other construction material, sugar mills, paper products
Agriculture: accounts for 10% of GDP (1989 est.), 26% of labor force (1987); crops—bananas, rice, corn, coffee, sugarcane; livestock; fishing; importer of food grain, vegetables, milk products
Aid: US commitments, including Ex-Im (FY70-88), $515 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $568 million; Communist countries (1970-88), $4 million
Currency: balboa (plural—balboas); 1 balboa (B) = 100 centésimos
Exchange rates: balboas (B) per US$1—1.000 (fixed rate)
Fiscal year: calendar year
Communications
Railroads: 238 km total; 78 km 1.524-meter
gauge, 160 km 0.914-meter gauge
Highways: 8,530 km total; 2,745 km paved, 3,270 km gravel or crushed stone, 2,515 km improved and unimproved earth
Inland waterways: 800 km navigable by shallow draft vessels; 82 km Panama Canal
Pipelines: crude oil, 130 km
Ports: Cristobal, Balboa, Puerto de La Bahía de Las Minas
Merchant marine: 3,187 ships (1,000 GRT or over) totaling 46,502,092 GRT/72,961,250 DWT; includes 34 passenger, 22 short-sea passenger, 3 passenger-cargo, 1,087 cargo, 179 refrigerated cargo, 186 container, 71 roll-on/roll-off cargo, 136 vehicle carrier, 7 livestock carrier, 9 multifunction large-load carrier, 315 petroleum, oils, and lubricants (POL) tanker, 184 chemical tanker, 30 combination ore/oil, 91 liquefied gas, 8 specialized tanker, 767 bulk, 58 combination bulk; note—all but 5 are foreign owned and operated; the top 4 foreign owners are Japan 41%, Greece 9%, Hong Kong 9%, and the US 7% (China owns at least 144 ships, Yugoslavia 12, Cuba 6, and Vietnam 9)
Civil air: 16 major transport aircraft
Airports: 123 total, 112 usable; 42 with permanent-surface runways; none with runways over 3,659 m; 2 with runways 2,440-3,659 m; 15 with runways 1,220-2,439 m
Telecommunications: domestic and international facilities well developed; connection into Central American Microwave System; 2 Atlantic Ocean satellite antennas; 220,000 telephones; stations—91 AM, no FM, 23 TV; 1 coaxial submarine cable
Defense Forces
Branches: the Panamanian Defense Forces
(PDF) ceased to exist as a military institution
shortly after the United States
invaded Panama on 20 December 1989;
President Endara is attempting to restructure
the forces, with more civilian control,
under the new name of Panamanian Public
Forces (PPF)
Military manpower: males 15-49, 628,327; 433,352 fit for military service; no conscription
Defense expenditures: 2.0% of GDP (1987)
Papua New Guinea
_Papua_New_Guinea.jpg)
See regional map X
Geography
Total area: 461,690 km²; land area:
451,710 km²
Comparative area: slightly larger than California
Land boundary: 820 km with Indonesia Coastline: 5,152km
Maritime claims: (measured from claimed archipelagic baselines)
- Continental shelf: 200 meters or to depth of exploitation
- Extended economic zone: 200 nm
- Territorial sea: 3 nm
Climate: tropical; northwest monsoon (December to March), southeast monsoon (May to October); slight seasonal temperature variation
Terrain: mostly mountains with coastal lowlands and rolling foothills
Natural resources: gold, copper, silver, natural gas, timber, oil potential
Land use: NEGL% arable land; 1% permanent crops; NEGL% meadows and pastures; 71% forest and woodland; 28% other
Environment: one of world's largest swamps along southwest coast; some active volcanos; frequent earthquakes
Note: shares island of New Guinea with Indonesia
People
Population: 3,822,875 (July 1990), growth
rate 2.3% (1990)
Birth rate: 34 births/1,000 population (1990)
Death rate: 11 deaths/1,000 population (1990)
Net migration rate: migrants/1,000 population (1990)
Infant mortality rate: 68 deaths/1,000 live births (1990)
Life expectancy at birth: 54 years male, 56 years female (1990)
