Panama , officially the Republic of Panama , is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean to the north and the Pacific Ocean to the south. The capital is Panama City. Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Nueva Granada, Ecuador, and Venezuela, named the Republic of Gran Colombia. When Gran Colombia the dissolved in 1831, Panama and Nueva Granada remained joined. Nueva Granada...
|Founded:||November 28, 1821|
|Official language:||Spanish Language|
|Currency:||Panamanian balboa, United States Dollar|
|Area:||29,118.3 sq. mi.|
|Form of government:||Constitutional republic, Unitary state, Presidential system|
|Also known as:||Republic of Panama, República do Panamá, Republika Panamy|