Coat of Arms: The upper right quarter shows a crossed sword and gun, symbols of the liberation from Spain and Colombia. The agricultural tools in the upper left quarter symbolise the tools used for making the Panama canal. The canal itself is shown in the middle of the arms.
The lower half shows, in the right quarter, a horn of plenty (cornucopia), symbol of the richness of the country. The left quarter shows a winged wheel, symbol of traffic.
The eagle above the arms is the American eagle, as the USA was the first to recognise Panama as an independent country. The stars above the eagle represent the nine provinces present since 1946.