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Known as the southernmost country of Central America, Panama has a rich history that began with its discovery by Spain in the 16th century and eventually it became its own country in 1903. With help from the U.S., the famous Panama Canal was soon built and fully occupied by the country in 1977. Today, largely because of the Canal, Panama has one of the top largest economies in Central America.

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Panama was officially known as the Republic of Panama, and is the southernmost country of Central America. The capital of Panama is Panama City which was discovered during the 16th century by the Spanish. From the help of the United States in 1903, Panama seceded from Colombia. This allowed the Panama Canal to be built by the U.S. Army Corps of Engineers, with construction beginning in 1904 and lasting ten years. In the end, the Panama Canal was given back to the citizens of Panama in 1977 when an agreement was signed to complete the transfer from the United States to Panama.

A large portion of Panama's GDP is accumulated from the Panama Canal, so it is no surprise that Panama has the third or fourth largest economy in Central America. Panama is located in Central America bordering the Caribbean Sea and the Pacific Ocean. The Panama Canal connected the Atlantic Ocean and the Caribbean Sea to the Pacific Ocean.

Geographically, Panama is filled with a vast variety of landmarks. In some areas, Panama is full of jungles with tropical plants, animals, and birds. In other areas there is a large formation of mountains and hills that form the continental divide.