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IMA Overview

Panama Overview

Panama has a solid foundation of economic and political stability. Panama grew at 8.4% in 2013 – the second-fastest growth rate in Latin America and the Caribbean. Average growth over the past decade has been 8.7%, Latin America’s fastest, including 3.9% during the global slump in 2009. Thanks to good macroeconomic policy making, it has a history of low unemployment (currently 4.1%), and low inflation (4%). An upper-middle income country, it has free-flowing capital and attracts one of the highest rates of FDI in Latin America at 11.7% of GDP in 2013, compared to Mexico’s 1.3%. Between 2007 and 2013 Panama doubled its GDP.

With the Panama Canal expansion works going into full gear, the construction of a Metro system in Panama City and several large infrastructure projects such as roads, convention centres, hospitals, utilities and social housing, growth is expected to remain strong over the coming years, although lower than in the past five. Panama is a hot destination for foreign investment, with the UK being the second largest investor. Panama is a hub for air travel, maritime transportation, financial services, telecommunications, distribution of goods and regional headquarters.

About IMA Guides

About This Guide

This guide aims to provide a route map of the way ahead, together with signposts to other sources of help.

The main objective of this Doing Business in Panama Guide is to provide you with basic knowledge about Panama; an overview of its economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and cultural and language issues.

We do not pretend to provide all the answers in the guide, but novice exporters in particular will find it a useful starting point. Further assistance is available from the UK Trade & Investment team in Panama. Full contact details are available in this guide.

The guide is available in four formats:

  • this Website

  • a ‘free’ downloadable 'mobile device-friendly’ App – available from the iTunes App Store and Google Play store

  • a full colour hard-copy Brochure (to order your copy please Click Here)

  • PDF / e-Flipbook download – scroll down for more information

UKTI Video

UKTI Video

UK Trade & Investment  It's Everyone's Business


UK Trade & Investment (UKTI) is the UK government department that can help you achieve your international business potential, combining the national resources of the Department for Business, Innovation & Skills (BIS) and the Foreign & Commonwealth Office’s (FCO) global network of Trade Development Staff, to help you successfully win business overseas.

Source - UKTI


Market Experts

Doing Business in Panama Guide Market Experts - Please click on the logos below to view our Market Expert profiles and to find out how they can help you to succeed in Panama!

Education / Training Services

3 Kings College Panama Logo 240X140px


Economic Zone / Real Estate Services

Panama Pacifico Logo 240X140px

Law / Legal Services

Patton Moreno Asvat Logo 240X140px

Financial Services / Professional Business Services

Trust Services Logo 240X140px



Download the FREE Mobile-App!

Available on 

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Simply search 'Doing Business Guides' 
to download the Mobile-App  

Panama I Phone


 

Download the 'Doing Business in Panama Guide' as an e-Flipbook or a PDF

 

Panama Guide Cover Image With Grey Border

ISSUU Logo

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Click the button above to Download the full
'Doing Business in Panama Guide' as an e-Flipbook


PDF Download

PDF Download (PANAMA)


Click the button above to Download the full 
'Doing Business in Panama Guide' as a PDF Document  

  

 

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