Caracas is 1 hour ahead of Panama City. Caracas uses Venezuela Time (VET, UTC-4) while Panama City uses Eastern Standard Time year-round (EST, UTC-5). When it's 10:00 AM in Caracas, it's 9:00 AM in Panama City.
Neither city observes daylight saving time, so the 1-hour difference remains constant year-round.
Best calling time: 9:00 AM - 5:00 PM Caracas time. This corresponds to 8:00 AM - 4:00 PM in Panama City, providing excellent overlap for business calls.
Caracas and Panama City are connected by direct flights taking approximately 2 hours. Panama is an important financial and logistics hub in the region, with significant ties to Venezuela.