World Business Council

WORLD
BUSINESS COUNCIL

The Internationalization Epicenter






PANAMA

Panama, with a population of approximately 4.5 million, is a dynamic Central American nation known for its strategic geographic location and thriving economy. The country’s economy is primarily driven by the services sector, particularly banking, commerce, and tourism, bolstered by the Panama Canal, a vital conduit for international maritime trade. Major business sectors include logistics, finance, construction, and agriculture, with key exports comprising bananas, shrimp, and electrical machinery. Panama’s GDP stands at around $70 billion, while the per capita income is approximately $16,000, reflecting its status as one of the more prosperous countries in the region. 

By engaging with the World Business Council, Panama’s government and business community can unlock new opportunities for international trade, investment, and sustainable growth. This partnership will facilitate knowledge sharing, enhance the country’s global competitiveness, and promote best practices across various sectors. Collaborating with the WBC will enable Panama to further leverage its strategic advantages, driving economic development and fostering a brighter future for its citizens.

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