Panama City, Panama¶
# Panama City
Introduction¶
Panama City is the capital and largest city of Panama, located on the Caribbean coast of Central America. With a population of over 800,000 people, it is one of the most populous cities in North America. The city has undergone significant transformations over the years to become a modern metropolis.
Key Facts¶
Population¶
- As of 2021, the estimated population of Panama City is approximately 2.7 million.
- The city has a population density of about 22,000 people per square kilometer.
- As of 2020, the median age was around 31 years old.
Economy¶
- Panama City is an important financial center and business hub for Central America.
- It hosts several international banks and investment firms.
- Tourism is also a significant contributor to the city's economy.
Historical Context¶
Panama City has a long history dating back to the pre-Columbian era. The city was founded in 1501 by Juan Ponce de León, who established it as a Spanish colony. After the independence of Panama from Spain in 1903, the city experienced significant growth and development.
Colonial Era¶
- During the colonial era, Panama City remained an important port for trade and commerce.
- The city's strategic location made it a key hub for the transportation of goods between Europe and the Americas.
Significant Contributions¶
Financial Center¶
- Panama City is home to several major financial institutions, including the Panama Canal Authority and the Inter-American Development Bank.
- It has become a popular destination for international investors and businesses due to its favorable business climate and infrastructure.
Tourism¶
- As one of the most visited cities in Central America, Panama City attracts millions of tourists each year.
- The city's rich cultural heritage and natural attractions make it an ideal destination for travelers.
Notable Attractions¶
Panama Canal¶
- The Panama Canal is a 50-mile-long waterway that connects the Atlantic Ocean to the Pacific Ocean.
- It is one of the most important engineering projects in history, allowing ships to pass through the Isthmus of Panama and reducing travel time between Europe and Asia.
Casco Viejo¶
- Casco Viejo, also known as Old Town, is a historic neighborhood that dates back to the 16th century.
- The area is home to many colonial-era buildings and offers a glimpse into Panama City's past.
Additional Information¶
Panama City has
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- Generation time: 2024-11-01 20:40:07
- Keywords: Panama City, Panama, wiki, history, attractions, facts
- URL: https://worldbestplaces.com/places/panama_city_panama