Includes the local time zone, typical hours of business and a list of holidays in the country/economy.
Panama does not observe Daylight Savings Time. So from roughly April – October, it is one hour behind the U.S. East Coast. From November – March, Panama observes U.S. East Coast time.
Private business offices are open from 8:00 a.m. until 5:00 p.m., Monday through Friday, and Saturdays from 8:00 a.m. to 12 noon. Banks are open from 8:00 a.m. to 3:00 p.m., Monday through Friday. Most local banks open Saturdays from 9:00 A.M. to 12:00 Noon. Government offices are open from 8:30 a.m. to 4:30 p.m., Monday through Friday.
All private, government, municipal, and U.S. Embassy offices are closed during local holidays. In addition, the U.S. Mission observes all U.S. holidays.
2017 Panamanian holidays:
- January 1 New Year’s Day
- January 9 Mourning Day
- February 25 Carnival
- April 14 Good Friday
- May 16 Labor Day
- November 3 Independence Day from Colombia
- November 5 Colón Day
- November 10 The Uprising of Los Santos
- November 28 Independence Day from Spain (Observed Monday, Dec 2)
- December 8 Mother’s Day
- December 25 Christmas Day
Note: There is a large Jewish community, and several businesses observe Jewish holidays.