ProChile in the world

Panama has an estimated population of 4.2 million inhabitants, its GDP is $66.8 billion USD and has the higher GDP per capita in Latin America with $25,628.23 USD. It is characterised by being a distribution centre for goods circulating the Panama Canal, having tax free zones, a standardised monetary system without a Central Bank and banking centre integrates to the international system. Panama stands out in the region because of its commercial opening, its territorial taxation system with low taxes, a strong and wide limited-liability companies’ law, an equal treatment to foreign investors under the law, among other tax benefits.

Currently, it has more than 19 trade agreements, 61 countries with preferential treatment and 2 of the most active harbours in Latin America (Balboa and Cristóbal) where it sends and receives directly to 152 harbours from 54 countries and has more than 11 shipping lines. 144 shipping routes form the Panama Canal that moves 470 million tonnes of cargo per year. From this country, in just hours, different regional markets can be reached through the Tocumen Airport, known as the hub of the Americas.