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Panama Insightsas of Oct 2026
Population size
4.5 M People
Median age
31.5 Years
Household size
3.7 People
GDP
83,320,000,000 USD
GDP per capita
18,686 USD
Cost of living index
48.2 Index
Income inequality (Gini)
48.9 Index
Retail sales volume
25,000,000,000 USD
Retail sales per capita
5,600 USD
Disposable income per capita
11,000 USD
Spending by category - apparel
293 USD per capita
Spending by category - groceries
800 USD per capita
Spending by category - electronics
300 USD per capita
Number of retail outlets
10,000 Outlets
Major national retail chains
Riba Smith, Super 99, PriceSmart Chains
Retail market fragmentation
High Level
Presence of global brands
Strong Presence
Dominant retail formats
Supermarkets, Hypermarkets Formats
Average commercial rent
1,333 USD per sqm
Property transaction volume
67 Units
Ease of doing business index
86 Rank
Business permit process time
3-7 Days
Zoning constraints
Moderate Level
E-commerce delivery infrastructure
Advanced Level
Road density
0.2 km per sq km
Commute patterns
39 Minutes average
Vehicle ownership per capita
144 Per 1,000 people
Click-and-collect adoption
Low Level
Retail tech startups
11 Number
Retail-related crime rate
Increasing Trend
Shoplifting incidents
nan Incidents
Consumer protection score
Moderate Score
Business compliance risk
Medium Risk
Annual tourist arrivals
2,518,000 Visitors
Tourist retail spending
1,000,000,000 USD
Airport traffic
17,825,465 Passengers
Duty-free sales trends
Growing Trend
Urban expansion zones
Panama City, Colon Zones
Emerging retail hubs
Panama City Malls Hubs
Major upcoming national mall or retail projects
Federal Mall in David Projects
Retail Destinations in Panama
Browse 272 retail destinations across Panama. Explore retail leasing opportunities, demographics, and market analytics for each location on Occupi.
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Panama at a Glance
- Total Properties272
- Cities33
