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Panama (/ˈpænəmɑː/ (About this sound listen) PAN-ə-mah; Spanish: Panamá [panaˈma]), officially called the Republic of Panama (Spanish: República de Panamá), is a country in Central America.[8] It is bordered by Costa Rica to the west, Colombia (in South America) to the southeast, the Caribbean Sea to the north and the Pacific Ocean to the south. The capital and largest city is Panama City, whose metropolitan area is home to nearly half of the country’s 4 million people.

Panama was inhabited by several indigenous tribes prior to settlement by the Spanish in the 16th century. Panama broke away from 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, eventually becoming the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the U.S. Army Corps of Engineers between 1904 and 1914. In 1977 an agreement was signed for the transfer of the Canal from the United States to Panama by the end of the 20th century, which culminated on December 31, 1999.

Revenue from canal tolls continues to represent a significant portion of Panama’s GDP, although commerce, banking, and tourism are major and growing sectors. In 2015 Panama ranked 60th in the world in terms of the Human Development Index. Since 2010, Panama has been the second-most competitive economy in Latin America, according to the World Economic Forum’s Global Competitiveness Index. Covering around 40% of its land area, Panama’s jungles are home to an abundance of tropical plants and animals – some of them found nowhere else on the planet.Panama is a founding member of the United Nations and other international organizations such as OAS, LAIA, G77, WHO and NAM.

The San Blas Islands of Panama is an archipelago comprising approximately 365 islands and cays, of which 49 are inhabited

The Panama Canal is an artificial 82 km waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean. The canal cuts across the Isthmus of Panama and is a conduit for maritime trade

Panamá Viejo, also known as Panamá la Vieja, is the remaining part of the original Panama City, the former capital of the country.

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Airbnb is an international company which operates an online marketplace and hospitality service for people to lease or rent short-term lodging including holiday cottages, apartments, homestays, hostel beds, or hotel rooms, to participate in or facilitate experiences related to tourism such as walking tours, and to make reservations at restaurants. The company does not own any real estate or conduct tours.

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