Panama is a country located in Central America. The country is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Panama is the southernmost country in Central America. The capital of Panama is Panama City. The country has a tropical climate. The average temperature is about 27 degrees Celsius. The rainy season is from May to November. The economy of Panama is based on services and tourism. The Panama Canal is the main source of income for the country. Other important industries are fishing, agriculture, and mining. The population of Panama is about 4 million people. The official language is Spanish. Other languages spoken in Panama are English, French, Portuguese, and Italian. The currency of Panama is the US dollar.