Events Economy Local 2025-12-16T01:07:59+00:00

Christmas Parade City of Stars 2025 Injected $10 Million into Panama's Economy

The Christmas Parade in Panama, organized by the municipality, was not only a vibrant cultural event but also had a significant economic impact. With thousands of participants and millions in investments, the parade proved that culture and the economy can go hand in hand, strengthening the country's position as a tourist destination.


Christmas Parade City of Stars 2025 Injected $10 Million into Panama's Economy

More than 10 thousand people actively participated in the delegations that paraded along the route. The Municipality of Panama allocated 400 thousand dollars for organization and logistics, including the decoration of Calle 50 and artistic activities throughout the month of December. The television industry invested nearly 2 million dollars in production and national and international transmission, while the activity related to the event's visitors generated another 3 million dollars. 1.5 million dollars were allocated in supplies, such as food, water, and toys, and more than 5 thousand security units ensured an orderly and safe parade for all families. This event not only represents a cultural spectacle but also an economic engine that positions Panama as a tourist destination, fosters investment, and leaves a significant economic return, with family and the Christmas message as its central axis. The private sector invested 2 million dollars in the making of floats, hiring of artists, and logistics, directly benefiting more than 10 thousand Panamanian households. The hotel sector, restaurants, transportation, security, and microentrepreneurs received an economic boost that exceeded 3 million dollars. The Christmas Parade City of Stars 2025, organized by the Municipality of Panama on Calle 50, left an economic impact of over 10 million dollars, demonstrating that culture and the economy can go hand in hand. Some 30 floats, 40 musical bands, and 52 cultural delegations filled the city with lights, colors, and Christmas energy, while more than 300 thousand attendees enjoyed the 3.5-kilometer route.