Out of the hurricane belt

Typical path of hurricanes in the Caribbean

Powerful hurricanes frequently devastate areas of the United States and Caribbean countries.  Hurricanes usually begin in Africa and follow similar patterns to the US, the Caribbean, and the Gulf of Mexico.

Panama is out of the Hurricane belt due to its strategic location between North and South America, which protects the country from hurricanes by shielding it; no proper hurricanes have been seen in Panama. For this reason, Panama City is a major airline and ship debarkation point in the region.

This satellite picture of hurricane Ivan shows how Panama's location helps shelter it from hurricanes:

Hurricane Ivan - satellite picture

Another view of hurricane Ivan:

Hurricane Ivan - satellite view

This chart from the NOAA coastal service shows:
Caribbean hurricane history since 1851
(each colored line marks the path of a hurricane):
 
Path of hurricanes since 1851

 

HURRICANE DORIAN STONGEST CATEGORY 5 HITTING BAHAMASOn September 1, 2019.

The eye of Hurricane Dorian made landfall on the Abaco Islands with maximum sustained winds of 185 mph (295 km/h), as a Category 5 hurricane, making it the strongest hurricane on record to affect the Bahamas. Hurricane Dorian killed at least 50 people in The Bahamas, 42 on Abaco and 8 on Grand Bahama.
 
 
 
Effects of Hurricane Dorian in The Bahamas.

 

In addition, Panama does not have any Active volcanic activity.