Señorita Panamá 1992
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. The pageant was broadcast on August 24 through RPC Panamá. 15 contestants from all over the country competed for the prestigious crown. At the conclusion of the final gala, outgoing titleholder Ana Cecilia Orillac Arias crowned Giselle Amelia González Aranda as the new Señorita Panamá.
González went on to compete in the 42nd edition of the Miss Universe 1993 pageant, was held at Auditorio Nacional, Mexico City, Mexico on May 21, 1993.. Michelle Harrington traveled to Sun City, South Africa, to take part in the Miss World 1992 competition.
Final Result
| Final Results | Contestant |
| Señorita Panamá-Miss Universe 1993 | Giselle Amelia González Aranda |
| Señorita Panamá-Miss Mundo 1992 | Michelle Marie Harrington Hasbún |
| Señorita Panamá-Miss Hispanidad 1993 | Elsa del Carmen Jiménez Jiménez |
| 1st runner-up | Laura Drohan |
| 2nd runner-up | Elisabeth Lundberg |
Contestants
These are the competitors who have been selected this year.| Contestant | Age | Height | Hometown | - |
| 1 | Lourdes Gallegos | 24 | 1.72 mts | |
| 2 | Romina Calvo | - | 1.72 mts | Ciudad de Panamá |
| 3 | Evangelina Hernandez | - | 1.74 mts | |
| 4 | Giselle González | - | 1.78 mts | Santiago de Veraguas |
| 5 | Maruja Vega Caballero | - | 1.73 mts | |
| 6 | Sandra Acedo Stanziola | - | 1.76 mts | |
| 7 | Michelle Cabassa Henley | - | 1.68 mts | |
| 8 | Yamireth Batista | 21 | - 1.75mts | Ciudad de Panamá |
| 9 | Mey Ling Gordon Von Chong | - | 1.70 mts | |
| 10 | Elsa Jiménez Jiménez | - | 1.82 mts | |
| 11 | Phyllis Motta Ruiz | - | 1.77 mts | |
| 12 | Laura Drohan | - | 1.70 mts | |
| 13 | Elizabeth Lundberg | - | 1.65 mts | |
| 14 | Michelle Harrington Hasbún | - | 1.72 mts | Ciudad de Panamá |
| 15 | Erika Garibaldo Lázaro | - | 1.71 mts |