Evaluating the market in Panama

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Panama

Panama is a major international logistical hub and banking centre with more than 90 banks, which has resulted in a growing number of private sector firms and international agencies establishing their regional headquarters in the country. Panama will remain one of the region's fastest-growing economies in Latin America, with GDP growth forecast to reach just above five per cent in 2018. This is driven by the expanded canal, large infrastructure projects, and mining and financing services. Panama has signed free trade agreements with a number of countries, including Canada, which came into force in 2013.
  • Construction & Infrastructure
  • Mining & Metals
  • Power

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