Panama vs Ibagué

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Panama ( (listen) PAN-ə-mah, pan-ə-MAH; Spanish: Panamá IPA: [panaˈma] (listen)), officially the Republic of Panama (Spanish: República de Panamá), is a transcontinental country in Central America and South America, bordered by Costa Rica to the west, Colombia 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 the country's 4 million people.Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became 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 US Army Corps of Engineers between 1904 and 1914.

The 1977 Torrijos–Carter Treaties led to the transfer of the Canal from the United States to Panama on December 31, 1999. The surrounding territory was transferred in 1979.Revenue from canal tolls continues to represent a significant portion of Panama's GDP, although commerce, banking, and tourism are major and growing sectors. It is regarded as a high-income country. In 2018 Panama ranked 66th in the world in terms of the Human Development Index. In 2018, Panama was ranked seventh-most competitive economy in Latin America, according to the World Economic Forum's Global Competitiveness Index. Covering around 40 percent of its land area, Panama's jungles are home to an abundance of tropical plants and animals – some of them found nowhere else on earth. Panama is a founding member of the United Nations and other international organizations such as OAS, LAIA, G77, WHO, and NAM.

Source: Wikipedia

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Ibagué (Spanish pronunciation: [iβaˈɣe]) is the capital of Tolima, one of the 32 departments that make up the Republic of Colombia. The city is located in the center of the country, on the central mountain range of the Colombian Andes, near Nevado del Tolima. It is one of the most populous cities in the country, with about 529,635 (according to the 2018 census) inhabitants, making it the seventh (7th) most populous in Colombia. It was founded on October 14, 1550, by the Spanish captain Andrés López de Galarza. The city of Ibagué is divided into 13 communes and the rural area has 17 corregimientos. As the capital of the department of Tolima the city hosts the Government of Tolima, the Departmental Assembly, and the Attorney General's Office. It is the main epicenter of political, economic, administrative, business, art, culture, and tourism activities in the area. Ibagué maintains one of the major urban economies of Colombia and could grow in prominence within South America with its development potential and competitive national and international business centers, industry, and infrastructure.

It is one of three cities in the country chosen by the World Trade Center Association (WTCA) to build headquarters along with Cali, adding to the one existing in Bogotá. The economy of Ibagué is based primarily on the industrial, tourism, and agricultural sectors, with its textile industry being the third largest in Colombia. According to "Doing Business" from the World Bank in Washington DC, Ibagué tops the ranking of the cities with greater ease of doing business and investment in the country after Manizales. The city is also part of the Colombian coffee growing axis. The city is known as "The Musical Capital of Colombia and America", thanks to the Conservatory of Tolima (one of the most prestigious and important in Colombia), folklore festivities, and its many monuments referring to music. The city's main educational institutions are the University of Tolima, the University of Ibagué, the Universidad Nacional Abierta y a Distancia (UNAD) and the Conservatory of Tolima.

Source: Wikipedia