Panama - The flag of Panama was officially adopted on November 3, 1903. The flag was modeled after the USA flag, however, the colored stars are said to represent the country's conservative (red) and liberal (blue) parties. White symbolizes peace.
The Flag- Panama's flag was designed to represent the country's political history and it's geographic location. To most, the two different colors represent the two political parties that rule the country at different times. The white symbolizes equality and how the two parties each rule the country equally. The blue is also thought to represent the Pacific Ocean, while the red symbolizes the blood shed for the nation's independence.