<Tr> <Td> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> </Td> </Tr> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> Panama elects on national level a head of state - the president - and a legislature . The president and the vice-president are elected on one ballot for a five - year term by the people . The National Assembly (Asamblea Nacional) has 71 members, elected for a five - year term in single - seat and multi-seat constituencies . </P> <P> Panama has a multi-party system, with numerous parties in which no one party often has a chance of gaining power alone, and parties must work with each other to form coalition governments . </P>

How long is a presidential term in panama