Panama is a Central American country bordering the Caribbean and the North Pacific between Costa Rica and Colombia. The Panamanian economy is a completely dollarized free market economy with a history of low inflation. Panama’s economy is mainly based on its developed services, accounting for nearly 80% of its GDP. Services include the Panama Canal, Bank, Cologne Free Trade Zone, Insurance, Container Port, Flagship Registry, Medical and Health and other businesses. The country’s industries include the manufacture of aircraft spare parts, cement, beverages, adhesives and textiles. In addition, Panama’s main export products are banana, shrimp, sugar, coffee and clothing.