Panama is a transcontinental country in South and Central America. Panama City is the capital of Panama. The country borders Costa Rica, Colombia, the Pacific Ocean, and the Caribbean Sea. Panama covers 75,417 km2 (29,119 sq mi) and has an estimated population of 4,176,869 million people.
Panama is known for the Panama Canal that connects the Atlantic Ocean with the Pacific Ocean cutting through the Isthmus of Panama, which connects North America and South America.
The Panama economic sectors include the services industry and agricultural sectors. The services sector accounts for nearly 80% of Panama's Gross Domestic Product (GDP).