Panama City, also simply known as Panama, is the capital and largest city of Panama. The city is located at the Pacific entrance of the Panama Canal, in the province of Panama. The city is the political and administrative centre of the country, as well as a hub for banking and commerce.
Panama City is rated Beta by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Beta level cities are cities that link moderate economic regions to the world economy.
Panama City is the #91 city in the world according to the Global Financial Centres Index (GFCI) which evaluates and ranks the competitiveness of the major financial centres of the world according to a wide range of criteria – Human Capital, Business, Finance, Infrastructure and Reputation.
Panama City has a population of over 880,700 people. Panama City also forms part of the wider Panama metropolitan area which has a population of over 1,899,000 people.
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