Property Tax in Latin America A comparative analysis

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PANAMA
Official name: República do Panamá
Area (Km²): 75,517
Capital: Panama
Type of state: Unitary
Type of government: Republic
Official language: Spanish
Political and administrative divisions: Provinces (9), Indigenous Regions (4), Districts, Corregimientos (Regions)
DEMOGRAPHICS
Population (millions) 2003: 3.116
Population density (per Km²): 41.26
Urban population 2001: 57%
Illiteracy 2000: 8.1%
HDI 2000: 0.787
ECONOMY
Currency: Balboa
US$ exchange rate in Jan. 2003: 1.00
GDP 2003 (million US $): 12,862.60
Per capita income 2003 (US$): 4,127.92

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