Panama is a sovereign state in Central America that is located between South and North America. The country has common land borders with Colombia and Costa Rica. Panama Canal run through run through the country and connects Caribbean and Pacific Ocean that to are bound panama from the north and the south.
Significant portion of Panama's GDP brings revenue from canal. The other Panama's sources of profit are commerce, tourism and banking. Panama economy is the second largest in Central America and the second most competitive economy in Latin America.