Statistical information Panama 2023

Panama in the World
top of pageBackground: Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. An ambitious expansion project to more than double the Canal's capacity - by allowing for more Canal transits and larger ships - was carried out between 2007 and 2016.
top of pageLocation: Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica
Geographic coordinates: 9 00 N, 80 00 W
Map reference:
Central America and the CaribbeanAreaTotal: 75,420 km²
Land: 74,340 km²
Water: 1,080 km²
Comparative: slightly smaller than South Carolina
Land boundariesTotal: 687 km
Border countries: (2) Colombia 339 km;
Costa Rica 348 kmCoastline: 2,490 km
Maritime claimsTerritorial sea: 12 nm
Contiguous zone: 24 nm
Exclusive economic zone: 200 nm or edge of continental margin
Climate: tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Terrain: interior mostly steep, rugged mountains with dissected, upland plains; coastal plains with rolling hills
ElevationHighest point: Volcan Baru 3,475 m
Lowest point: Pacific Ocean 0 m
Mean elevation: 360 m
Natural resources: copper, mahogany forests, shrimp, hydropower
Land useAgricultural land: 30.5% (2018 est.)
Agricultural land arable land: 7.3% (2018 est.)
Agricultural land permanent crops: 2.5% (2018 est.)
Agricultural land permanent pasture: 20.7% (2018 est.)
Forest: 43.6% (2018 est.)
Other: 25.9% (2018 est.)
Irrigated land: 407 km² (2020)
Major riversMajor watersheds area km²Total water withdrawalMunicipal: 760 million cubic meters (2020 est.)
Industrial: 10 million cubic meters (2020 est.)
Agricultural: 450 million cubic meters (2020 est.)
Total renewable water resources: 139.3 billion cubic meters (2020 est.)
Natural hazards: occasional severe storms and forest fires in the Darien area
GeographyNote: strategic location on eastern end of isthmus forming land bridge connecting North and South America; controls Panama Canal that links North Atlantic Ocean via Caribbean Sea with North Pacific Ocean
top of pagePopulationDistribution: population is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabited: 4,404,108 (2023 est.)
Growth rate: 1.51% (2023 est.)
Below poverty line: 22.1% (2016 est.)
NationalityNoun: Panamanian(s)
Adjective: Panamanian
Ethnic groups: Mestizo (mixed Amerindian and White) 65%, Native American 12.3% (Ngabe 7.6%, Kuna 2.4%, Embera 0.9%, Bugle 0.8%, other 0.4%, unspecified 0.2%), Black or African descent 9.2%, Mulatto 6.8%, White 6.7% (2010 est.)
Languages: Spanish (official), indigenous languages (including Ngabere (or Guaymi), Buglere, Kuna, Embera, Wounaan, Naso (or Teribe), and Bri Bri), Panamanian English Creole (similar to Jamaican English Creole; a mixture of English and Spanish with elements of Ngabere; also known as Guari Guari and Colon Creole), English, Chinese (Yue and Hakka), Arabic, French Creole, other (Yiddish, Hebrew, Korean, Japanese); note - many Panamanians are bilingual
Major-language samples:La Libreta Informativa del Mundo, la fuente indispensable de información básica. (Spanish)
Gheos World Guide, the indispensable source for basic information.
Religions: Roman Catholic 48.6%, Evangelical 30.2%, other 4.7%, agnostic 0.2%, atheist 0.2%, none 12.3%, unspecified 3.7% (2018 est.)
Demographic profile: Panama is a country of demographic and economic contrasts. It is in the midst of a demographic transition, characterized by steadily declining rates of fertility, mortality, and population growth, but disparities persist based on wealth, geography, and ethnicity. Panama has one of the fastest growing economies in Latin America and dedicates substantial funding to social programs, yet poverty and inequality remain prevalent. The indigenous population accounts for a growing share of Panama's poor and extreme poor, while the non-indigenous rural poor have been more successful at rising out of poverty through rural-to-urban labor migration. The government's large expenditures on untargeted, indirect subsidies for water, electricity, and fuel have been ineffective, but its conditional cash transfer program has shown some promise in helping to decrease extreme poverty among the indigenous population.
Age structure0-14 years: 25.19% (male 569,439/female 540,143)
15-64 years: 64.87% (male 1,444,638/female 1,412,319)
65 years and over: 9.94% (2023 est.) (male 204,156/female 233,413)
Dependency ratiosTotal dependency ratio: 53.8
Youth dependency ratio: 40.6
Elderly dependency ratio: 13.2
Potential support ratio: 7.6 (2021 est.)
Median ageTotal: 31.2 years (2023 est.)
Male: 30.8 years
Female: 31.6 years
Population growth rate: 1.51% (2023 est.)
Birth rate: 17.7 births/1,000 population (2023 est.)
Death rate: 5.9 deaths/1,000 population (2023 est.)
Net migration rate: 3.2 migrant(s)/1,000 population (2023 est.)
Population distribution: population is concentrated towards the center of the country, particularly around the Canal, but a sizeable segment of the populace also lives in the far west around David; the eastern third of the country is sparsely inhabited
UrbanizationUrban population: 69.5% of total population (2023)
Rate of urbanization: 1.92% annual rate of change (2020-25 est.)
Major urban areasPopulation: 1.977 million PANAMA CITY (capital) (2023)
EnvironmentCurrent issues: water pollution from agricultural runoff threatens fishery resources; deforestation of tropical rain forest; land degradation and soil erosion threatens siltation of Panama Canal; air pollution in urban areas; mining threatens natural resources
International agreements party to: Antarctic-Marine Living Resources, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Climate Change-Paris Agreement, Comprehensive Nuclear Test Ban, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping-London Convention, Nuclear Test Ban, Ozone Layer Protection, Ship Pollution, Tropical Timber 2006, Wetlands, Whaling
International agreements signed, but not ratified: Marine Life Conservation
Air pollutantsParticulate matter emissions: 11.78 micrograms per cubic meter (2019 est.)
Carbon dioxide emissions: 10.71 megatons (2016 est.)
Methane emissions: 5.97 megatons (2020 est.)
Sex ratioAt birth: 1.06 male(s)/female
0-14 years: 1.05 male(s)/female
15-64 years: 1.02 male(s)/female
65 years and over: 0.87 male(s)/female
Total population: 1.02 male(s)/female (2023 est.)
Mothers mean age at first birthMaternal mortality ratio: 50 deaths/100,000 live births (2020 est.)
Infant mortality rateTotal: 15.3 deaths/1,000 live births (2023 est.)
Male: 16.5 deaths/1,000 live births
Female: 14 deaths/1,000 live births
Life expectancy at birthTotal population: 78.4 years (2023 est.)
Male: 75.6 years
Female: 81.5 years
Total fertility rate: 2.37 children born/woman (2023 est.)
Contraceptive prevalence rate: 50.8% (2014/15)
Drinking water sourceImproved urban: 100% of population
Improved rural: 88.1% of population
Improved total: 96.2% of population
Unimproved urban: 0% of population
Unimproved rural: 11.9% of population
Unimproved total: 3.8% of population (2020 est.)
Current health expenditure: 9.7% of GDP (2020)
Physicians density: 1.63 physicians/1,000 population (2019)
Hospital bed density: 2.3 beds/1,000 population (2016)
Sanitation facility accessImproved urban:95.5% of population
rural: 69.1% of population
total: 87.2% of population
Unimproved urban:4.5% of population
rural: 30.9% of population
total: 12.8% of population (2020 est.)
Hiv/AidsMajor infectious diseasesDegree of risk: intermediate (2023)
Food or waterborne diseases: bacterial diarrhea
Vectorborne diseases: dengue fever
Obesity adult prevalence rate: 22.7% (2016)
Alcohol consumptionPer capita total: 6.54 liters of pure alcohol (2019 est.)
Per capita beer: 5.29 liters of pure alcohol (2019 est.)
Per capita wine: 0.02 liters of pure alcohol (2019 est.)
Per capita spirits: 1.2 liters of pure alcohol (2019 est.)
Per capita other alcohols: 0.02 liters of pure alcohol (2019 est.)
Tobacco useTotal: 5% (2020 est.)
Male: 7.7% (2020 est.)
Female: 2.2% (2020 est.)
Children under the age of 5 years underweight: 3% (2019)
Education expenditures: 3.9% of GDP (2020 est.)
LiteracyDefinition: age 15 and over can read and write
Total population: 95.7%
Male: 98.8%
Female: 95.4% (2019)
School life expectancy primary to tertiary educationTotal: 13 years
Male: 12 years
Female: 13 years (2016)
Youth unemploymentRate ages 15 24 total: 30% (2021 est.)
Rate ages 15 24 male: 21.8%
Rate ages 15 24 female: 43.6%
top of pageCountry nameConventional long form: Republic of Panama
Conventional short form: Panama
Local long form: República de Panama
Local short form: Panama
Etymology: named after the capital city which was itself named after a former indigenous fishing village
Government type: presidential republic
CapitalName: Panama CityGeographic coordinates: 8 58 N, 79 32 W
Time difference: UTC-5 (same time as Washington, DC, during Standard Time)
Etymology: according to tradition, the name derives from a former fishing area near the present capital - an indigenous village and its adjacent beach - that were called "panama" meaning "an abundance of fish"
Administrative divisions: 10 provinces (provincias, singular - provincia) and 4 indigenous regions* (comarcas); Bocas del Toro, Chiriqui, Cocle, Colon, Darien, Embera-Wounaan*, Guna Yala*, Herrera, Los Santos, Naso Tjer Di*, Ngabe-Bugle*, Panama, Panama Oeste, Veraguas
Dependent areasIndependence: 3 November 1903 (from Colombia; became independent from Spain on 28 November 1821)
National holiday: Independence Day (Separation Day), 3 November (1903)
ConstitutionHistory: several previous; latest effective 11 October 1972
Amendments: proposed by the National Assembly, by the Cabinet, or by the Supreme Court of Justice; passage requires approval by one of two procedures: 1) absolute majority vote of the Assembly membership in each of three readings and by absolute majority vote of the next elected Assembly in a single reading without textual modifications; 2) absolute majority vote of the Assembly membership in each of three readings, followed by absolute majority vote of the next elected Assembly in each of three readings with textual modifications, and approval in a referendum; amended several times, last in 2004
Legal system: civil law system; judicial review of legislative acts in the Supreme Court of Justice
International law organization participation: accepts compulsory ICJ jurisdiction with reservations; accepts ICCt jurisdiction
CitizenshipCitizenship by birth: yes
Citizenship by descent only: yes
Dual citizenship recognized: no
Residency requirement for naturalization: 5 years
Suffrage: 18 years of age; universal
Executive branchChief of state: President Laurentino "Nito" CORTIZO Cohen (since 1 July 2019); Vice President Jose Gabriel CARRIZO Jaen (since 1 July 2019); note - the president is both chief of state and head of government
Head of government: President Laurentino "Nito" CORTIZO Cohen (since 1 July 2019); Vice President Jose Gabriel CARRIZO Jaen (since 1 July 2019)
Cabinet: Cabinet appointed by the president
Elections/appointments: president and vice president directly elected on the same ballot by simple majority popular vote for a 5-year term; president eligible for a single non-consecutive term); election last held on 5 May 2019 (next to be held in 2024)
Election results:2019: Laurentino "Nito" CORTIZO Cohen elected president; percent of vote - Laurentino CORTIZO Cohen (PRD) 33.3%, Romulo ROUX (CD) 31%, Ricardo LOMBANA (independent) 18.8%, Jose BLANDON (Panamenista Party) 10.8%, Ana Matilde GOMEZ Ruiloba (independent) 4.8%, other 1.3%
2014: Juan Carlos VARELA elected president; percent of vote - Juan Carlos VARELA (PP) 39.1%, Jose Domingo ARIAS (CD) 31.4%, Juan Carlos NAVARRO (PRD) 28.2%, other 1.3%
Legislative branchDescription: unicameral National Assembly or Asamblea Nacional (71 seats; 45 members directly elected in multi-seat constituencies - populous towns and cities - by open list proportional representation vote and 26 directly elected in single-seat constituencies - outlying rural districts - by simple majority vote; members serve 5-year terms)
Elections: last held on 5 May 2019 (next to be held in May 2024)
Election results: percent of vote by party - NA; seats by party - PRD 35, CD 18, Panamenista 8, MOLIRENA 5, independent 5; composition - men 55, women 16, percent of women 22.5%
Judicial branchHighest courts: Supreme Court of Justice or Corte Suprema de Justicia (consists of 9 magistrates and 9 alternates and divided into civil, criminal, administrative, and general business chambers)
Judge selection and term of office: magistrates appointed by the president for staggered 10-year terms
Subordinate courts: appellate courts or Tribunal Superior; Labor Supreme Courts; Court of Audit; circuit courts or Tribunal Circuital (2 each in 9 of the 10 provinces); municipal courts; electoral, family, maritime, and adolescent courts
Political parties and leaders:
Alliance Party or PA [Jose MUNOZ Molina]
Alternative Independent Socialist Party or PAIS [Jose ALVAREZ]
Democratic Change or CD [Romulo ROUX]
Democratic Revolutionary Party or PRD [Benicio ROBINSON]
Nationalist Republican Liberal Movement or MOLIRENA [Francisco "Pancho" ALEMAN]
Panamenista Party [Jose Isabel BLANDON Figueroa] (formerly the Arnulfista Party)
Popular Party or PP [Daniel Javier BREA Clavel] (formerly Christian Democratic Party or PDC)
Realizing Goals Party or RM [Ricardo Alberto MARTINELLI Berrocal]
International organization participation: BCIE, CAN (observer), CD, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, MIGA, NAM, OAS, OPANAL, OPCW, Pacific Alliance (observer), PCA, SICA, UN, UNASUR (observer), UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO
Diplomatic representationIn the us chief of mission: Ambassador Ramón Eduardo MARTÍNEZ DE LA GUARDIA (since 16 September 2022)
In the us chancery: 2,862 McGill Terrace NW, Washington, DC 20,008
In the us telephone: [1] (202) 483-1407
In the us FAX: [1] (202) 483-8,413
In the us email address and website:info@embassyofpanama.org
[link] From the us chief of mission: Ambassador Mari Carmen APONTE (since 21 November 2022)
From the us embassy: Building 783, Demetrio Basilio Lakas Avenue, Clayton
From the us mailing address: 9,100 Panama City PL, Washington, DC 20,521-9,100
From the us telephone: [507] 317-5,000
From the us FAX: [507] 317-5,568
From the us email address and website:Flag description
: divided into four, equal rectangles; the top quadrants are white (hoist side) with a blue five-pointed star in the center and plain red; the bottom quadrants are plain blue (hoist side) and white with a red five-pointed star in the center; the blue and red colors are those of the main political parties (Conservatives and Liberals respectively) and the white denotes peace between them; the blue star stands for the civic virtues of purity and honesty, the red star signifies authority and law
National symbols: harpy eagle; national colors: blue, white, red
National anthemName: "Himno Istmeno" (Isthmus Hymn)
Lyrics/music: Jeronimo DE LA OSSA/Santos A. JORGE
Note: adopted 1925
National heritageTotal World Heritage Sites: 5 (2 cultural, 3 natural)
Selected World Heritage Site locales:top of pageEconomy overview: upper middle-income Central American economy; increasing Chinese trade; US dollar user; canal expansion fueling broader infrastructure investment; services sector dominates economy; historic money-laundering and illegal drug hub
Real gdp purchasing power parity:
$126.352 billion (2021 est.)
$109.551 billion (2020 est.)
$133.509 billion (2019 est.)
Note: data are in 2017 dollars
Real gdp growth rate:
15.34% (2021 est.)
-17.94% (2020 est.)
2.98% (2019 est.)
Real gdp per capita:
$29,000 (2021 est.)
$25,500 (2020 est.)
$31,500 (2019 est.)
Note: data are in 2017 dollars
Gross national savingGdp composition by sector of origin
Gdp composition by end useHousehold consumption: 45.6% (2017 est.)
Government consumption: 10.7% (2017 est.)
Investment in fixed capital: 42.9% (2017 est.)
Investment in inventories: 3% (2017 est.)
Exports of goods and services: 41.9% (2017 est.)
Imports of goods and services: -44.2% (2017 est.)
Gdp composition by sector of originAgriculture: 2.4% (2017 est.)
Industry: 15.7% (2017 est.)
Services: 82% (2017 est.)
Agriculture products: sugar cane, bananas, rice, poultry, milk, plantains, pineapples, maize, beef, pork
Industries: construction, brewing, cement and other construction materials, sugar milling
Industrial production growth rate: 37.5% (2021 est.)
Labor force: 1.966 million (2021 est.)
Note: shortage of skilled labor, but an oversupply of unskilled labor
Unemployment rate:
12.09% (2021 est.)
12.85% (2020 est.)
4.73% (2019 est.)
Youth unemploymentRate ages 15 24 total: 30% (2021 est.)
Rate ages 15 24 male: 21.8%
Rate ages 15 24 female: 43.6%
Population below poverty line: 22.1% (2016 est.)
Gini indexCoefficient distribution of family income: 49.8 (2019 est.)
Household income or consumption by percentage shareLowest 10%: 1.1%
Highest 10%: 38.9% (2014 est.)
Distribution of family income gini indexBudgetRevenues: $9.743 billion (2020 est.)
Expenditures: $15.145 billion (2020 est.)
Surplus or deficit: -1.6% (of GDP) (2017 est.)
Taxes and other revenues: 8.51% (of GDP) (2020 est.)
Public debt:
37.8% of GDP (2017 est.)
37.4% of GDP (2016 est.)
RevenueFrom forest resources: 0.08% of GDP (2018 est.)
From coal: 0% of GDP (2018 est.)
Fiscal year: calendar year
Inflation rate consumer prices:
1.63% (2021 est.)
-1.55% (2020 est.)
-0.36% (2019 est.)
Central bank discount rateCommercial bank prime lending rateStock of narrow moneyStock of broad moneyStock of domestic creditMarket value of publicly traded sharesCurrent account balance:
-$1.412 billion (2021 est.)
$1.097 billion (2020 est.)
-$3.329 billion (2019 est.)
Exports:
$27.237 billion (2021 est.) note: data are in current year dollars
$20.179 billion (2020 est.) note: data are in current year dollars
$28.622 billion (2019 est.) note: data are in current year dollars
Note: includes the Colon Free Zone
Partners: Ecuador 20%, Guatemala 14%, China 8%, United States 6%, Netherlands 6% (2019)
Commodities: refined petroleum, copper, bananas, ships, coal tar oil, packaged medicines (2019)
Imports:
$24.627 billion (2021 est.) note: data are in current year dollars
$17.502 billion (2020 est.) note: data are in current year dollars
$27.599 billion (2019 est.) note: data are in current year dollars
Note: includes the Colon Free Zone
Partners: China 21%, United States 19%, Japan 16%, Colombia 6%, Ecuador 5% (2019)
Commodities: ships, refined petroleum, crude petroleum, tanker ships, packaged medicines (2019)
Reserves of foreign exchange and gold:
$9.614 billion (31 December 2020 est.)
$3.423 billion (31 December 2019 est.)
$2.121 billion (31 December 2018 est.)
Debt external:
$101.393 billion (2019 est.)
$94.898 billion (2018 est.)
Stock of direct foreign investment at homeStock of direct foreign investment abroadExchange rates:
balboas (PAB) per US dollar - 1 (2021 est.)
1 (2020 est.)
1 (2019 est.)
1 (2018 est.)
1 (2017 est.)
top of pageElectricityAccess population without electricity: (2020) less than 1 million
Access electrification-total population: 95.2% (2021)
Access electrification-urban areas: 99.7% (2021)
Access electrification-rural areas: 85.6% (2020)
Installed generating capacity: 4.106 million kW (2020 est.)
Consumption: 10,808,780,000 kWh (2019 est.)
Exports: 427 million kWh (2019 est.)
Imports: 77 million kWh (2019 est.)
Transmission/distribution losses: 1.309 billion kWh (2019 est.)
Generation sources fossil fuels: 24.5% of total installed capacity (2020 est.)
Generation sources nuclear: 0% of total installed capacity (2020 est.)
Generation sources solar: 2.7% of total installed capacity (2020 est.)
Generation sources wind: 6.4% of total installed capacity (2020 est.)
Generation sources hydroelectricity: 66.2% of total installed capacity (2020 est.)
Generation sources tide and wave: 0% of total installed capacity (2020 est.)
Generation sources geothermal: 0% of total installed capacity (2020 est.)
Generation sources biomass and waste: 0.2% of total installed capacity (2020 est.)
CoalProduction: 0 metric tons (2020 est.)
Consumption: 1.118 million metric tons (2020 est.)
Exports: 0 metric tons (2020 est.)
Imports: 1.15 million metric tons (2020 est.)
Proven reserves: 0 metric tons (2019 est.)
PetroleumTotal petroleum production: 0 bbl/day (2021 est.)
Refined petroleum consumption: 143,700 bbl/day (2019 est.)
Crude oil and lease condensate exports: 0 bbl/day (2018 est.)
Crude oil and lease condensate imports: 0 bbl/day (2018 est.)
Crude oil estimated reserves: 0 barrels (2021 est.)
Crude oilRefined petroleumProducts production: 0 bbl/day (2015 est.)
Products exports: 66 bbl/day (2015 est.)
Products imports: 129,200 bbl/day (2015 est.)
Natural gasProduction: 0 cubic meters (2021 est.)
Consumption: 552.744 million cubic meters (2019 est.)
Exports: 0 cubic meters (2021 est.)
Imports: 552.744 million cubic meters (2019 est.)
Proven reserves: 0 cubic meters (2021 est.)
Carbon dioxide emissions: 25.263 million metric tonnes of CO2 (2019 est.)
From coal and metallurgical coke: 1.905 million metric tonnes of CO2 (2019 est.)
From petroleum and other liquids: 22.281 million metric tonnes of CO2 (2019 est.)
From consumed natural gas: 1.077 million metric tonnes of CO2 (2019 est.)
Energy consumption per capita: 98.946 million Btu/person (2019 est.)
top of pageTelephonesFixed lines total subscriptions: 811,488 (2022 est.)
Fixed lines subscriptions per 100 inhabitants: 18 (2021 est.)
Mobile cellular total subscriptions: 6,003,255 (2021 est.)
Mobile cellular subscriptions per 100 inhabitants: 138 (2021 est.)
Telephone systemBroadcast media: multiple privately owned TV networks and a government-owned educational TV station; multi-channel cable and satellite TV subscription services are available; more than 100 commercial radio stations (2019)
InternetCountry code: .pa
Users total: 2.992 million (2021 est.)
Users percent of population: 68% (2021 est.)
Broadband fixed subscriptionsTotal: 562,413 (2020 est.)
Subscriptions per 100 inhabitants: 13 (2020 est.)
top of pageMilitary expenditures:
1.2% of GDP (2022 est.)
1.3% of GDP (2021 est.)
1.4% of GDP (2020 est.)
1.2% of GDP (2019)
1.1% of GDP (2018)
Military and security forces: no regular military forces; the paramilitary Panamanian Public Forces are under the Ministry of Public Security and include the Panama National Police (
Panama - Transportation 2023