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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 . [10] 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. [11]

At the time of the arrival of the Spanish in the 16th century, the known inhabitants of Panama included the Cuevas and the Coclé tribes. These people have nearly ...


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