Top Industries in Panama City
Panama City is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Panama City include:
Tourism and Hospitality
Tourism remains a cornerstone of Panama City's economy, with its beautiful beaches and attractions drawing visitors year-round.
Range: $30-$60k
Growth rate: 5%
Healthcare
Healthcare is a rapidly growing sector in Panama City, driven by an increasing demand for medical services.
Range: $50-$120k
Growth rate: 7%
Technology
The tech industry in Panama City is expanding, with a focus on software development and IT services.
Range: $70-$150k
Growth rate: 10%
Some job openings:TechFarms is hiring: Software Developer, IT Support Specialist
AppRiver is hiring: Cybersecurity Analyst, Cloud Solutions Architect
Construction
Construction is a vital industry in Panama City, fueled by ongoing development projects and rebuilding efforts.
Range: $40-$90k
Growth rate: 6%
Retail
Retail continues to thrive in Panama City, supported by both local consumers and tourists.
Range: $25-$50k
Growth rate: 4%
Some job openings:Pier Park is hiring: Sales Associate, Store Manager
Walmart is hiring: Cashier, Department Manager
Employment Trends and Growth Rates
Panama City is witnessing a steady job growth rate, particularly in the technology and healthcare sectors.
The city's employment trends indicate a shift towards more specialized roles, with an increasing demand for skilled professionals.
Income inequality remains a concern, with the Gini index reflecting disparities in earnings across different sectors.
Job turnover rates are moderate, with many workers seeking opportunities in emerging industries like renewable energy.
Job Market for Remote and Freelance Workers in Panama City
Remote work is gaining popularity in Panama City, with approximately 35% of the workforce engaged in remote roles.
The tech industry leads in offering remote positions, followed by marketing and design sectors.
Local companies such as AppRiver are expanding their remote work offerings, providing flexibility and attracting talent from across the country.
Job Resources and Networking
Panama City offers a variety of job resources, including local job boards and career fairs.
The Panama City Career Center provides job placement services and workshops to assist job seekers.
Local platforms like PanamaCityJobs.com offer listings for regional opportunities.
Entrepreneurial hubs like TechFarms provide networking opportunities and support for tech startups.
Property Prices Rankings
The Property Prices Rankings for the United States evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025
Full Property Prices Rankings