Panama City

Panama (ⁱ/ˈpænəmɑː/ PAN-ə-mah ; Spanish: Panamá ), officially the Republic of Panama (Spanish: República de Panamá [reˈpuβlika ðe panaˈma]), is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean to the north and the Pacific Ocean to the south. The capital is Panama City. Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Nueva Granada, Ecuador, and Venezuela, named the Republic of Gran Colombia. When Gran Colombia dissolved in 1831, Panama and Nueva Granada remained joined. Nueva Granada later became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the Panama Canal to be built by the U.S. Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the United States to Panama by the end of the 20th century.

Panama City (Spanish: Panamá) is the capital and largest city of the Republic of Panama. It has a population of 880,691, with a total metro population of 1,272,672, and it is located at the Pacific entrance of the Panama Canal, in the province of Panama. The city is the political and administrative center of the country as well as a hub for international banking and commerce. It is considered a Beta - World City and one of three Central American cities listed in this category.

With an average GDP per capita of $11,700, Panama has been among the top five places for retirement in the world, according to International Living magazine. Panama City has a dense skyline of mostly highrise buildings, and it is surrounded by a large belt of tropical rainforest. Panama's Tocumen International Airport, the largest and busiest airport in Central America, offers daily flights to major international destinations.

Panama City was chosen to be the 2003 American Capital of Culture jointly with Curitiba, Brazil.

Panama City was founded on August 15, 1519, by Spanish conquistador Pedro Arias Dávila. The city was the starting point for expeditions that conquered the Inca Empire in Peru. It was a stopover point on one of the most important trade routes in the history of the American continent leading to the fairs of Nombre de Dios and Portobelo, where most of the gold and silver that Spain took from the Americas passed through.

A capital city or capital town (or simply capital) is the municipality enjoying primary status in a state, country, province, or other region as its seat of government. A capital is typically a city that physically encompasses the offices and meeting places of its respective government and is normally fixed by its law or constitution.

Central America (Spanish: América Central or Centroamérica) is the central geographic region of the Americas. It is the southernmost, isthmian portion of the North American continent, which connects with South America on the southeast. When considered part of the unified continental model, it is considered a subcontinent. Central America consists of seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Central America is part of the Mesoamerican biodiversity hotspot, which extends from northern Guatemala through central Panama. It is bordered by Mexico to the north, the Caribbean Sea to the east, the North Pacific Ocean to the west, and Colombia to the south-east.

Central America is an area of 524,000 square kilometers (202,000 sq mi), or almost 0.1% of the Earth's surface. As of 2009, its population was estimated at 41,739,000. It has a density of 77 people per square kilometer.

Middle America is a region in the mid-latitudes of the Americas. In southern North America, it usually comprises Mexico, the nations of Central America, and the Caribbean. The scope of the term may vary. Sometimes, Colombia and Venezuela are also included in Middle America; the Caribbean are occasionally excluded from the region; and the Guianas are infrequently included.

Physiographically, Middle America marks the territorial transition between the rest of North America and South America, connecting yet separating the two. On the west, the Middle American mainland comprises the tapering, isthmian tract of the American landmass between the southern Rocky Mountains in the southern United States and the northern tip of the Andes in Colombia, separating the Pacific Ocean on the west and the Atlantic Ocean (viz. the Gulf of Mexico and Caribbean Sea) on the east, while the Greater and Lesser Antilles form an island arc in the east. The region developed sub-aerially southward from North America as a complex volcanic arc-trench system during the Early Cretaceous period, eventually forming the land bridge during the Pliocene epoch when its southern end (at Panama) collided with South America through tectonic action.