FROM WHITE JUICE TO BLACK RUBBER
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RUBBER KEEPS THE WORLD MOVING
70% of the world’s rubber production is used in the tire and automotive industry.
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40,000 PRODUCTS
30% of the global rubber production is used to manufacture over 40,000 products for industrial and personal needs
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IMPRESSIVE USE OF WOOD
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During the growth period, rubber plantations absorb CO2 and thus counteract climate change.
After felling, the valuable and versatile wood is fed into the timber industry and processed into numerous construction and wood products.

Panama: Facts and Figures

 
Panama
State Form Republic

Government System

Constitutional democracy
Head of State and Government Laurentino Cortizo
Capital City Panama City
Area 75,420 km²
Population 4.15 million (2018)
Population Density 53.0 inhabitants/km²
Literacy Rate 95,2 %
Languages Spanish (official), English (widespread)
Currency Balboa, USD (fixed rate 1 B = 1 USD)
Gross Domestic Product GDP

2017: 62.28 billion USD
2018: 65.06 billion USD
2019: 68.54 billion USD
2020: 73.37 billion USD (forecast)

Growth Gross Domestic Product GDP

2017: 7.71 %
2018: 4.46 %
2019: 4.31 %
2020: 5.50 % (forecast)