PANAMA (Continued)
ECONOMY
GNP: $3,004 million (1980), 11,580 per capita; 63% private consumption, 18% government consumption, 28% gross fixed investment, -7% net foreign balance (1978); real growth (1980), 4.9%
Agriculture; main crops—bananas, rice, corn, coffee, sugarcane; self-sufficient in most basic foods; 2,341 calories per day per capita (1977)
Fishing: catch 113,768 metric tons (1978); exports $27.7 million (1977)
Major industries: food processing, metal products, construction materials, petroleum products, clothing, furniture
Electric power: 550,000 kW capacity (1980); 1.812 billion kWh produced (1980), 935 kWh per capita
Exports: $411 million (f.o.b., 1980); bananas, petroleum products, shrimp, sugar, coffee
Imports: $1,280 million (f.o.b., 1980); manufactures, transportation equipment, crude petroleum, chemicals, foodstuffs
Major trade partners: exports—$5% US, 11% Panama Canal Zone, 11% West Germany, 3% Italy, 11% Central America, 4% Netherlands; imports—33% US, 15% Ecuador, 6% Venezuela, 9% Colon Free Zone, 5% Japan, 3% West Germany (1978)
Aid: economic—US, authorized, including Ex-Im (FY70-80), $350.6 million; other Western countries, ODA and OOF (1970-79), $383.0 million; military—US (FY70-80), $12 million
Budget: (1980 est.) $1,015 million in revenues, $1,215 million in expenditures
Monetary conversion rate: 1 balboa=US$1 (official)
Fiscal year: calendar year
COMMUNICATIONS
Railroads: 192 km total; 78 km 1.524-meter gauge, 114 km 0.914-meter gauge
Highways: 8,400 km total; 2,715 km paved, 3,170 km gravel or crushed stone, 2,515 km improved and unimproved earth
Inland waterways: 800 km navigable by shallow draft vessels; 82 km Panama Canal
Pipelines: refined products, 96 km
Ports: 2 major (Cristobal/ Colon /Coco Solo, Balboa/ Panama City), 10 minor
Civil air: 16 major transport aircraft, including 1 leased in
Airfields: 151 total, 150 usable; 39 with permanent-surface runways; 2 with runways 2,440-3,659 m; 16 with runways 1,220-2,439 m
Telecommunications: domestic and international telecom facilities well developed; connection into Central American microwave net; Atlantic Ocean satellite ground station; 157,000 telephones (8.4 per 100 popl.); 90 AM, 30 FM, and 13 TV stations; 1 coaxial submarine cable
DEFENSE FORCES
Military manpower: males 15-49, 499,000; 344,000 fit for military service; no conscription
