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Panamá Insightsas of Oct 2026
Population size
2 M People
Age distribution
Median age 30.3 years years
Household size
3.1 People
Median household income
30,000 USD
Cost of living index
85 index
Retail sales per capita
2,500 USD
Disposable income
12,270 USD
Existing retail mix
Malls and supermarkets dominant nan
Number of competitors
Over 200 major retailers stores
Market saturation
High in urban core nan
Presence of anchor tenants
Publix, Walmart equivalents like Super 99 nan
Foot traffic from nearby businesses
High in commercial districts nan
Rent costs
15-25 USD/sq ft
Property values
200,000 USD
Zoning laws
Mixed-use allowed in urban zones nan
Business permits
Streamlined for services sector nan
Availability of retail space
46,452 sqm
Proximity to major roads
Excellent via Interamericana Highway nan
Public transportation access
Metro Line 1 and buses nan
Parking availability
3,000+ spaces in major malls spaces
Pedestrian traffic
High in Casco Viejo and malls nan
Vehicle traffic
Moderate congestion in peak hours nan
Commute times
25 minutes
Work patterns
Service-oriented, 9-5 shifts nan
Shopping preferences
Hybrid online-in-store nan
Brand affinity
International luxury brands nan
Consumer loyalty
Moderate, price-driven nan
Entertainment and leisure trends
Malls as social hubs nan
Crime statistics
Moderate urban rate 20/100 index
Public safety measures
CCTV in malls, police presence nan
Tourist spending
1,500 USD per visitor
Tourist footfall
2 million visitors annually
Major local events
Carnival, Jazz Festival nan
Seasonal attractions
Dry season beaches December-April nan
Total retail space
278,709 sqm
Retail space per capita
0 sqm
Sustainable retail demand
High due to tourism nan
Major upcoming retail projects
Watersound expansions nan
Top mall shopping preferences
Albrook Mall for variety nan
Key drivers for mall visits
Entertainment and dining nan
Preferred brand categories
Gucci, Louis Vuitton nan
Preferred brand categories
Zara, H&M nan
Number of existing malls
15+ malls
Total retail footfall
50 million visits
Retail market gaps
E-commerce integration nan
Trade area population
2,000,000 people
Preferred mall layouts
Open-air lifestyle centers nan
Walkability score
60/100 score
Road infrastructure & car access
Good via highways nan
Parking capacity in comparable malls
3,000 spaces
Surrounding land use & future developments
Mixed-use urban expansion nan
Retail Destinations in Panamá
Browse 44 retail destinations in Panamá, Panama. Explore retail leasing opportunities, space availability, and market analytics on Occupi.
Panamá at a Glance
- Total Properties44
- CountryPanama
