Destination
Panama

Economy

Useful information about economy issues in Panama



Economy

Reviewed by: Editorial Staff

Overall rating:

45125_panama_panama_city

Panama’s economy is dependent primarily on the service sector with banking, commerce and tourism being its major components. A significant amount is generated from the Panama Canal as well.

The average daily expense for a tourist to Panama will be anywhere between $300 and $2500; food is very cheap and an average meal will cost around $8 to $25. Using taxis for travelling around the city is a good option as these are convenient and inexpensive.

Popularity Rating Panama

6.8
Travelers' rating
Food experience, Art & Culture, Pleasant...

Photos Panama