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List of all companies in Panama

Panama has 369,729 registered companies and businesses in our data, counted on 2 November 2026. 128,002 of them are corporations. We build the records from the national business register and other official sources, and add the sole traders, branch locations and public bodies a register leaves out. Most of them are small: 80% have fewer than five employees. Below you find the largest, the smallest, the newest and the oldest companies in Panama, where they are based and what they do. Want to buy the list of all 369,729 Panamanian companies as an API integration or Excel file? Get it from our Panamanian company database.

369,729 companies indexed · Data counted on 2 November 2026

Companies369,729
Corporations128,002
Provinces10
Largest provincePanama 60%
Employees1-4
Revenue$1M-$5M
Email0%
Phone6%
Website0%
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Panamanian company list: all 369,729 companies

The list of all companies and businesses in Panama, live and sorted by revenue. Narrow it by region, city, industry, size, revenue, legal form or founding year. The full search is on our Panamanian company directory.

Gobierno Nacional Republica De PanamaGobierno Nacional Republica De Panama
Showing 25 of 369,729 companies
Company NameCountryCityAddress 1State/ProvincePostal CodeFounding YearYearly Revenue in U.S. DollarsEmployees TotalBusiness Legal Type - DescriptionNumber of Companies in GroupCompany Registration Number
1
Gobierno Nacional Republica De Panama
Panama
Panama
Palacio de Las Garzas,
Panama
1628
1903
$12,312,631,584
250,272
Government body
127
N/A
2
Autoridad Del Canal De Panama
Panama
Panama
Edificio de la Administracion No. 101
Panama
N/A
1914
$4,985,962,000
8,560
Government body
127
8NT122299
3
Inretail Peru CORP.
Panama
Panama
C/o Arias, Aleman & Mora
Panama
N/A
2011
$4,447,284,548
4
Corporation
41
19058521723570
4
Copa Holdings S.A.
Panama
Panama
C/o Galindo, Arias Y Lopez
Panama
N/A
1998
$3,446,198,000
7,527
Corporation
32
5967223344962
5
Bac International Bank INC.
Panama
Panama
Torre Bac, Avenida Balboa, Esquina Calle 42 Y 43
Panama
N/A
1995
$3,404,207,511
2,289
Corporation
6
471012306017
6
Bac Holding International CORP.
Panama
Panama
Avenida Balboa Entre Calle 42 Y 43 Bella Vista
Panama
N/A
1972
$3,404,153,598
20,585
Corporation
2
90270104403
7
Pacifica Petroleum S.A.
Panama
Panama
International Business Park Edificio 3845 Piso 4
Panama
N/A
2016
$2,639,969,943
8
Corporation
2
15562338922016
8
Promerica Financial CORPORATION S.A.
Panama
Panama
Calle 50 Y 53 Avenida, Nicanor de Obarrio, Campo Alegre
Panama
N/A
1997
$2,087,300,757
47
Corporation
25
5649394336307
9
Petroleos Delta S.A.
Panama
Panama
Av. Miguel Brostella Ph Camino de Cruces Piso 7
Panama
N/A
1983
$1,753,511,902
200
Corporation
11
115242115657
10
Empresa General De Inversiones S.A.
Panama
Panama
Calle Aquilino de la Guardia Y Av. 5b sur
Panama
N/A
1973
$1,374,567,066
5,337
Corporation
11
956324108233
11
Grupo Financiero Bg S.A.
Panama
Panama
Torre Banco General Av. Aquilino de la Guardia Y Av. 5ta. B
Panama
N/A
2007
$1,371,879,052
5,134
Corporation
11
10670871551132
12
Banco General S.A.
Panama
Panama
Ave. Aquilino de la Guardia Y Ave. 5ta. B sur
Panama
N/A
1955
$1,371,748,408
5,129
Corporation
11
28013461098
13
Willbros Global Holding INC
Panama
Panama
C/o: Arias, Fabrega & Fabrega
Panama
N/A
1991
$1,313,070,000
1,200
Corporation
2
3417616254895
14
Caja De Seguro Social De La Republica De Panama
Panama
Panama
Edificio 519, Calyton,
Panama
N/A
1941
$1,253,220,000
20,000
Government body
127
8NT-0002-004249
15
Alimentos Nico, S.A
Panama
Panama
Distrito de Bugaba, Siogui,
Panama
N/A
2013
$948,982,000
10
Corporation
N/A
2505529-1-819638
16
Ministerio De Salud
Panama
Panama
Antiguo Hospital Gorgas, Calle Culebra, Ancón
Panama
N/A
1969
$939,915,000
15,000
Government body
127
8NT113653
17
Horizon Shipping (panama) INC.
Panama
Panama
C/o Arosemena Noriega & Contreras
Panama
N/A
2015
$935,829,000
17
Corporation
N/A
15562011122015
18
Grupo Financiero Ficohsa, S.A.
Panama
Panama
Costa del Este Edificio Capital Plaza, Piso 9 Oficina 903
Panama
N/A
2006
$899,913,854
150
Corporation
30
9151511724518
19
Grupo Assa S.A.
Panama
Panama
Avenida Nicanor de Obarrio (calle 50)
Panama
N/A
1971
$885,435,473
1,490
Corporation
9
822415143050
20
Empresa De Distribucion Electrica Metro-Oeste S.A.
Panama
Panama
Albrook Av. Diogenes de la Rosa Edificio 812
Panama
N/A
2009
$872,479,782
396
Corporation
329
579832340436
21
Bancolombia (panama), S.A.
Panama
Panama
Calle 47 Y Aquilino de la Guardia Plaza Marbella
Panama
N/A
1972
$866,153,607
6,535
Corporation
63
928149105971
22
Supermercados Xtra S.A.
Panama
Panama
Calle 7ma, Ciudad Radial, Juan Díaz
Panama
N/A
1958
$857,433,877
5,240
Corporation
N/A
3561977860
23
Elektra Noreste S.A.
Panama
Panama
Santa Maria Business District, Ph Ensa
Panama
N/A
1998
$833,966,164
735
Corporation
1603
5798356340439
24
Importadora Ricamar S.A.
Panama
Panama
Calle 16 Rio Abajo - Monte Oscuro
Panama
N/A
1986
$823,955,705
5,486
Corporation
18
4341593796
25
Inmobiliaria Don Antonio S.A.
Panama
Panama
Ave. Nicanor de Obarrio, Calle Ramon Real
Panama
N/A
1966
$816,311,788
4,081
Corporation
26
54181118009

Showing 25 of 369,729 companies

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How many companies are there in Panama?

Companies and businesses in Panama

369,729

2 November 2026

There are 369,729 companies and businesses in Panama in our data, counted on 2 November 2026. That is every kind of business, not only the registered companies: 128,002 corporations (S.A.), 232,003 sole traders and 3,297 partnerships. On top of those come 743 non-profit organisations, 9 branches of foreign companies and 110 public bodies.

Structure

Single-site businesses
368,190 100%
Head offices
1,281
Branch locations
258

Legal form

Corporations
128,002 35%
Sole traders
232,003
Partnerships
3,297

Per working day this year

≈ 1

new companies registered · 130 so far in 2026

Pull these counts yourself with the Company Data API.

Largest companies in Panama

Which are the largest companies in Panama? That depends on what you measure. By number of employees the biggest employer is Bac Holding International, with 20,585 staff, ahead of Wartsila Panama Services and Fresenius Medical Care Panama, S.A.. By yearly revenue the largest company is Copa Holdings S.A., ahead of Bac International Bank and Bac Holding International. Below are the top companies of Panama ranked four ways: by number of employees, by yearly revenue, the largest public-sector employers and the biggest foreign companies in Panama. 5 Panamanian companies employ more than 10,000 people and 14 report more than $1 billion a year.

Bac Holding International has the largest headcount of any company in Panama in our data. 5 Panamanian companies list more than 10,000 people, 200 more than 500.

  1. 1Panama20,585 staff
  2. 2Panama17,700 staff
  3. 3Panama10,000 staff
  4. 4Panama8,200 staff
  5. 5Panama7,527 staff
  6. 6Panama6,535 staff
  7. 7Panama5,876 staff
  8. 8Panama5,528 staff
  9. 9Panama5,486 staff
  10. 10Panama5,337 staff

Headcount as it is recorded on the company; for a group's parent or holding company it is usually the whole group's, worldwide.

By employee size · 144,141 companies with a known headcount

EmployeesShareCompanies%
1-4114,800
5-915,793
10-1910,039
20-491,883
50-99687
100-199422
200-499317
500+200

80% have 1 to 4 employees; 200 have 500 or more.

By yearly revenue (USD)

RevenueShareCompanies%
< $100K218
$100K-$500K3,434
$500K-$1M62,079
$1M-$5M75,467
$5M-$10M2,877
$10M-$100M764
$100M-$1B108
$1B+14

122 companies report more than $100 million; 14 more than $1 billion.

Small businesses in Panama

Most companies in Panama are small businesses. Of the 144,141 with a known headcount, 130,593 (91%) are micro businesses with fewer than ten employees, 11,922 are small (10 to 49) and 1,426 medium-sized (50 to 499). Only 200 employ 500 people or more, so 99.86% of Panamanian companies are SMEs. This is where our data is strongest: sole traders, micro companies and single shops, each with an address and an industry code.

Size classShareCompanies%
Micro · fewer than 10130,593
Small · 10 to 4911,922
Medium · 50 to 4991,426
Large · 500 or more200

114,800

companies have 1 to 4 employees (80%). 218 turn over less than $100,000 a year.

232,003

sole traders are in the data, each with an address and an industry code.

71%

of the 130 companies started in 2026 have 1 to 4 employees (83). Only 0 started with 200 staff or more.

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Where are companies in Panama based?

Panama has more companies than any other province in Panama: 221,300, or 60% of the total, ahead of Panama Oeste (51,503) and Chiriqui (24,933). Below you find all ten provinces and the ten busiest cities, with a link to the local list where we have one.

ten provinces

ProvinceShareCompanies%
Panama221,300
Panama Oeste51,503
Chiriqui24,933
Colon23,059
Cocle9,879
Veraguas9,859
Herrera6,557
Los Santos4,396
Bocas Del Toro3,898
Darien2,969

Ten busiest cities

  1. Panama191,081
  2. San Miguelito30,906
  3. La Chorrera25,483
  4. Colón21,092
  5. Arraijan19,544
  6. David6,519
  7. Santiago5,314
  8. Chitré4,643
  9. Bugaba3,301
  10. Baru2,973

Main industries in Panama

Food shops is the biggest industry in Panama by number of companies: 15,298, or 11% of all firms with an industry code. Next come restaurants and bars (13,046) and holding and investment companies (12,062). Companies are grouped here by their SIC code, the classification every company in our data carries, in every country. Below you find the main sectors, the largest industries with their biggest companies.

Food shops: 15,298, 11% · 2 November 2026Restaurants and bars: 13,046, 9% · 2 November 2026Holding and investment companies: 12,062, 8% · 2 November 2026Business services and IT: 10,256, 7% · 2 November 2026Wholesale (consumer goods): 8,775, 6% · 2 November 2026Engineering, accounting and management: 8,751, 6% · 2 November 2026Other shops: 8,021, 6% · 2 November 2026Haulage and warehousing: 6,325, 4% · 2 November 2026Personal services: 6,185, 4% · 2 November 2026Other: 56,503, 39% · 2 November 2026145,222companies
  • Food shops15,29811%
  • Restaurants and bars13,0469%
  • Holding and investment companies12,0628%
  • Business services and IT10,2567%
  • Wholesale (consumer goods)8,7756%
  • Engineering, accounting and management8,7516%
  • Other shops8,0216%
  • Haulage and warehousing6,3254%
  • Personal services6,1854%
  • Wholesale (durable goods)5,5844%
  • Construction trades5,4804%
  • Real estate3,9623%
  • Leisure and recreation3,9583%
  • Repair services3,3632%
  • Clothing shops2,6782%
  • Other industries31,47822%

The fifteen largest of 82 SIC major groups; records without an industry code are not in this chart.

Largest industries in Panama

15,298

Food shops

SIC 54: Food Stores

  1. 1Panama5,240 staff
  2. 2Panama4,081 staff
  3. 3Panama3,000 staff

13,046

Restaurants and bars

SIC 58: Eating And Drinking Places

  1. 1Panama2,562 staff
  2. 2Panama1,900 staff
  3. 3Panama719 staff

10,256

Business services and IT

SIC 73: Business Services

  1. 1Panama1,300 staff
  2. 2Panama1,200 staff
  3. 3Panama850 staff

8,775

Wholesale (consumer goods)

SIC 51: Wholesale Trade-non-durable Goods

  1. 1Panama2,500 staff
  2. 2Panama1,800 staff
  3. 3Panama1,642 staff

8,751

Engineering, accounting and management

SIC 87: Engineering, Accounting, Research, Management, And Related Services

  1. 1Panama17,700 staff
  2. 2Panama8,200 staff
  3. 3Chiriqui Grande (Cab)3,000 staff

8,021

Other shops

SIC 59: Miscellaneous Retail

  1. 1Panama1,500 staff
  2. 2Panama663 staff
  3. 3Panama500 staff

6,325

Haulage and warehousing

SIC 42: Motor Freight Transportation And Warehousing

  1. 1Zona Libre de Colon600 staff
  2. 2Bugaba300 staff
  3. 3Colón300 staff

6,185

Personal services

SIC 72: Personal Services

  1. 1Los Canelos112 staff
  2. 2Panama100 staff
  3. 3Panama60 staff

How many new companies are registered in Panama? (2026)

130 new companies and startups registered in Panama so far in 2026, about 1 every working day, after 5,133 new businesses in 2025. Most startups begin small: 71% of this year's newcomers have one to four employees. 118 of them are corporations (S.A.).

≈ 1

new companies register every working day in 2026

71%

of this year's startups begin with one to four employees

5,133

new companies in 2025

Companies founded per year

  1. 14,3992022
  2. 14,4742023
  3. 14,9702024
  4. 5,1332025
  5. 1302026 so far

The biggest newcomers of 2026

A new registration is often a restructuring, not a start-up: the largest newcomers are new holding and property companies for existing businesses.

  1. 1Colón50 staff
  2. 2Panama44 staff
  3. 3Panama27 staff
  4. 4Panama26 staff
  5. 5Panama11 staff

Oldest companies in Panama

The oldest organisation still active is Municipio de Panama, from 1519. Our data holds 2 Panamanian organisations founded before 1700, 2 before 1800, 9 before 1900 and 174 before 1950.

Oldest organisations still active

  1. 1519Panama6,000 staff

The founding year is the year a business traces itself to, as recorded in the register and company filings, not the incorporation date of the current legal entity. Trading companies listed here report $100 million or more a year.

Older than you

Move the slider to a year. Two live counts from the founding year in our data.

21,729

Panamanian companies were founded before 1990

3,365

were founded in 1990

342,818 Panamanian companies, 94% of those with a founding year on record, were founded in 1990 or later. 21,729 are older.

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What you can reach: contact data on Panamanian companies

0 Panamanian companies have a website on record (0%), 21,225 a phone number (6%) and 0 an email address (0%). Among corporations: 0% have a website and 0% an email address.

FieldShareCompanies%
Website0
Phone21,225
Email0
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Questions about companies in Panama

Every answer is counted from the data on this page (2 November 2026).

There are 369,729 companies and businesses in Panama in our data, counted on 2 November 2026. 128,002 of them are corporations.
369,729. That includes 232,003 sole traders and 3,297 partnerships.
128,002 corporations, 35% of all Panamanian businesses in our data (2 November 2026).
Of the 144,141 Panamanian companies with a known headcount, 143,941 have fewer than 500 employees: 130,593 micro, 11,922 small and 1,426 medium-sized. 200 are large enterprises.
Copa Holdings S.A., with $3.4 billion in yearly revenue, ahead of Bac International Bank ($3.4B) and Bac Holding International ($3.4B).
Bac Holding International, with 20,585 staff on its record (for a group's parent this is usually the whole group's headcount).
221,300, 60% of all Panamanian companies (2 November 2026).
130 so far in 2026, about 1 per working day, after 5,133 in 2025.
From the national business register and other official sources, combined with company websites and filings, and refreshed every month.
0, 0% of all Panamanian companies. 21,225 have a phone number and 0 an email address.
Yes. The full list of 369,729 companies is available as Excel, CSV or through the API from our Panamanian company database.

Get the full list

All 369,729 companies in Panama with address, SIC code, legal form, employees, revenue, founding year, website, phone and email where we hold them. Excel, CSV or API. The product details are in our Panamanian company database.

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