Señorita Panamá 1992, the tenth Señorita Panamá pageant, was held at the Teatro Anayansi of Atlapa Convention Centre in Panama City, Panama, on August 15, 1992, celebrating the foundation of the Old Panama City (Panamá La Vieja).
The pageant was broadcast on August 24 through RPC Televisión.
15 contestants from all over the country competed for the prestigious crown.
At the conclusion of the final gala, outgoing titleholder Ana Orillac crowned Giselle González as the new Señorita Panamá.
[1] Michelle Harrington traveled to Sun City, South Africa, to take part in the Miss World 1992 competition.