Panama
Central America · North America
Population
4.52M
GDP (Nominal)
$86.26B
Capital City
Panama City
Currency
PAB (Panamanian Balboa) & USD
Avg Salary
$1310/mo
Region
Central America
Livability Index 2026
46.4/100
Cost of Living
18/100
Avg Salary
55.7/100
Safety
60.1/100
Healthcare
50/100
Education
68/100
Overall Livability
Institutional Summary
Panama is the vital land bridge connecting North and South America, world-renowned for its Canal. It is a massive hub for global finance, logistics, and expat retirees seeking a tropical, tax-friendly haven.
Cost of Living
Monthly Rent (1BR)$700
Monthly Groceries$250
Monthly Transport$35
Utilities & Internet$120
Estimated Total Monthly
$786 /person
AI Algorithm Summary
Major Strengths
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • High unemployment rate (8.6%)
Economic Performance
📈 Stable GrowthGDP Per Capita
$19,084
Inflation Rate
1.5%
Unemployment
8.6%
5-Year GDP Trend
Migration & Visa
Friendly Nations Visa
Pensionado (Retiree) Visa
Digital Nomad Visa
Visa Difficulty
2/10
PR Eligibility
Permanent residency is easily obtainable through multiple pathways, particularly for retirees and investors
Employment Landscape
Avg Monthly Salary
$1,310
Trending
Top Performing Industries
Logistics & Shipping (Panama Canal)
Financial Services & Offshore Banking
Tourism
Commerce & Trade
Social Indicators
Life Expectancy
78.5 Yrs
Literacy Rate
95%
Top Universities (QS Rank)
Universidad de Panamá (UP)#
Compare Panama
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.