CurrencyPanamanian balboa (B/.), United States dollar ($)
TimezoneUTC-05:00
RegionAmericas / Central America
Drives onRight
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$41,369 (2024)
Inflation Rate0.7% (2024)
Health Spend per Capita$1,558 (2023)
Out-of-Pocket Health Spend40.5% (2023)
Education Spend (% GDP)2.5% (2023)
Source: World Bank Open Data
The cost of transportation in Panama varies, with a monthly transit pass costing around $30-$40 USD, while a taxi start rate is approximately $2-$3 USD.
Quick Facts
Monthly Transit Pass($30-$40 USD)
Taxi Start Rate($2-$3 USD)
Fuel (per liter)($0.80-$1.00 USD)
Ride-Hailing Available(Yes — Uber, Cabify)
CurrencyPAB
Getting Around Overview
Panama has a well-developed transportation system, with various modes of transportation available, including buses, taxis, ride-hailing services, and a metro system in Panama City. The quality of public transit is generally good, with a comprehensive network of buses and a modern metro system. Most people in Panama get around using a combination of these modes, with buses being the most affordable option. The country's geography, with a long and narrow shape, makes transportation along the coast and between cities relatively easy.
The transportation system in Panama is also relatively affordable, with the cost of a monthly transit pass being around $30-$40 USD. Taxis are also widely available, with a start rate of approximately $2-$3 USD. Ride-hailing services, such as Uber and Cabify, are also popular in Panama, providing an alternative to traditional taxis. The fuel price in Panama is around $0.80-$1.00 USD per liter, making it relatively affordable to drive in the country.
Public Transportation
Transport Type
Single Fare (USD)
Monthly Pass (USD)
Notes
City Bus
$0.25-$0.50
$30-$40
Comprehensive network, frequent services
Metro / Subway
$0.35-$0.50
$30-$40
Modern system, limited coverage
Minibus / Shared Taxi
$0.50-$1.00
N/A
Limited routes, mostly used for short distances
Commuter Train
N/A
N/A
Not available in Panama
Taxi & Ride-Hailing
Service
Base Fare (USD)
Per km (USD)
Typical City Ride (USD)
Notes
Metered Taxi
$2-$3
$1-$2
$5-$10
Available throughout the country
Ride-Hailing App
$2-$3
$1-$2
$5-$10
Uber, Cabify available in major cities
Airport Transfer
N/A
N/A
$20-$30
To city center, depending on traffic
Fuel & Driving Costs
Item
Cost (USD)
Notes
Gasoline (per liter)
$0.80-$1.00
Diesel (per liter)
$0.70-$0.90
Car Rental (per day)
$40-$60
Economy car, depending on rental agency
Parking (per hour, city)
$1-$2
Limited parking options in city centers
Toll Roads (typical)
$2-$5
Limited toll roads, mostly on highways
Intercity & Long-Distance
Route Type
Cost Range (USD)
Notes
Intercity Bus (4-5 hrs)
$10-$20
Frequent services, comfortable buses
Domestic Flight
$50-$100
Limited routes, mostly used for long distances
Train (long-distance)
N/A
Not available in Panama
Transport Tips
Use the metro or bus system for affordable and efficient travel within cities.
Negotiate taxi fares before starting your journey, especially for longer distances.
Use ride-hailing apps like Uber or Cabify for a convenient and affordable alternative to traditional taxis.
Be aware of traffic congestion in major cities, especially during rush hour.
Consider renting a car for long-distance travel or for exploring the countryside.
Always wear a seatbelt and follow local traffic rules to ensure a safe journey.