Panama
Bridge of the Americas
Overview
Strategic logistics hub with territorial tax system and dollarized economy.
Geographic Context
Region
Americas
Subregion
Central America
Land Area
75,417 km²
Capital
Panama City
Languages
Spanish
Currencies
Panamanian balboa (B/.), United States dollar ($)
At a Glance
65
Oyster Score
Composite index
Health
48
Freedom
85
Security
63
Life Expectancy
77.2 yrs
Median Age
29.6 yrs
Urbanization
70%
Cost Index
46
Housing Index
27
Healthcare Access
56/100
Climate
Average Temperature
25.9°C
Most Temperate Cities
1 Tebario 27.4°C
2 Brujas 27.4°C
3 Puerto Vidal 27.3°C
4 Las Margaritas 27.3°C
5 San Felipe 27.2°C
Cities
Economy & Finance
Finances
Economic Indicators
Cost Index 46
Cost of Living
Price Levels & Affordability
Housing Index 27
Investment
Credit Rating & Markets
Corp. Tax 25.00%
Taxation
Tax Rates & Compliance
Top Income Tax 25.00%
Employment
Labor & Social Protection
Startup Score 40/100
Business Environment
Trade & Commerce
FDI Openness 78/100
Society & Governance
International
Travel
Visas & Entry Requirements
Visa-Free 142 countries
Diplomatic Relations
Embassies & Alliances
Missions 64
Defence
Military & Security
Mil. Spending 0.97% GDP
Infrastructure
Energy & Transport
Internet Speed 137 Mbps
Environment
Emissions & Biodiversity
Disaster Risk 40/100
Alternatives
Similar Jurisdictions
Jurisdiction Guide
Tips & Cultural Insights
Frequently Asked Questions
Sources: World Bank | WHO | Freedom House | OECD · Last updated: 2025