Panama is poised to lead regional economic growth in 2026, according to projections by Mens Consultores. The country's GDP is expected to expand by 5.57%, driven by the Panama Canal, the mining sector, and logistics. Economist Mike Magallón highlighted that the control of macroeconomic indicators has established a stable foundation for the coming year. Juan McKay, executive director of ADEDAPP, emphasized that areas like Panama Pacifico are fundamental pillars in this scenario. The development of new port terminals in Balboa and Cristóbal would add another 10,000 jobs. Regarding the Panama Canal, the construction of a dam on the Indio River is seen as a decisive factor, as it would increase daily transits and generate additional annual revenues exceeding one billion dollars. Despite positive projections in tourism and banking, the analysis warns of structural challenges. Although the financial center's assets double the national GDP, Panama must define its strategy regarding international tax lists and its territorial tax model. In the fiscal sphere, the government has initiated debt buyback operations that could save up to $750 million annually in interest. Key projects driving the economy in 2026 include the possible reopening of a copper mine, which could contribute $500 million to the state and generate around 50,000 direct and indirect jobs, as well as projects in ports and the canal.
