Panama City’s History & Global Importance

Description

Step back into history and explore Panama’s rich heritage, beginning with the Panamá Viejo archaeological site, the first Spanish capital established over 500 years ago. In 1513, Vasco Núñez de Balboa made a groundbreaking discovery, linking the Pacific Ocean to the Caribbean Sea and securing Panama’s role as a pivotal global crossroads. This monumental event forever marked Panama’s strategic significance.

Your journey starts at Panamá Viejo, where you can wander through the ruins of a city destroyed and looted by Pirate Henry Morgan and his men on January 28, 1671. Explore the remnants and the archaeological museum to uncover the layers of history, and climb the 30-meter (98-foot) stone tower for a panoramic view of the modern city against the backdrop of its historical roots.

After the attack, the colonial authorities relocated the city to what is now Casco Antiguo, a UNESCO World Heritage Site. Here, you can stroll through historic town squares, visit ancient monasteries and churches, and enjoy vibrant restaurants and museums.

The completion of the Panama Canal in 1914 further established Panama City’s global importance, leading to an economic renaissance. By the late 20th century, Panama City evolved into a bustling international financial hub, bolstered by the Colon Free Trade Zone and progressive banking laws. Today, its skyline is among the most impressive in Latin America, showcasing a blend of historical depth and modern grandeur.