After analyzing 31 shark attacks incidents in panamanian waters that included 43 people from 1883 to 1995, it looks like these attacks happens year long in the Pacific (16), the Caribbean (14) and the Panama Canal (1); the majority of the reports appear to be in the central and eastern regions of Panama. Fourtyfour percent of the attacks (19) were fatal, ninety-three percent (40) were non provoqued and in the majority of the cases studied there were no positive identification of the aggressor, however there´s evidence of attacks from white, bull, hammer, white tip and grey sharks. The activities performed during the attacks were swimming, shipwrecks and spear fishing (primarily for lobster). This activity represents from 1989 up to date the greatest percentage (75%) of the reported attacks. Finally, 31 incidents in 112 years (0.28 per year) indicate a very low possibility of a shark attack in Panamanian waters.