Panama once again recorded the fastest-growing box office in Central America in 2017, driven by the opening of new multiplexes, and some of the region’s biggest local hits.Central America
consolidated its region-wide box office growth in 2017 with 3% growth, again due primarily to new theater openings, but the exponential growth curve recorded since 2012 now seems to be plateau-ing.
Total box office for the region in 2017 was $144.34 million – 50% higher than in 2012, but growth in 2017 was lower than in previous years, such as an 8.3% growth in 2016.
Unlike some Latin American countries, where inflation is rampant, Central America maintains very low inflation rates, rising prosperity, and an increasingly stable middle class, which has fueled cinema-going habits.
15 new cinema theaters, with a total of 69 screens, bowed in the region in 2017. Almost half of the news screens opened in Panama, with six new cinemas, and 31 screens. Guatemala saw four new cinemas, with 18 screens, and Costa Rica two new cinemas,