AbstractThis study explores future changes in extreme precipitation across tropical America and Panama using 150‐year continuous experiments run on the Meteorological Research Institute atmospheric general circulation model at horizontal resolutions of 20 km (AGCM20) and 60 km (AGCM60). Tropical America is a warming hotspot where the mean seasonal precipitation amounts are decreasing, but annual maximum daily precipitation amounts are following an increasing trend. In Panama, future climates simulated using AGCM20 and AGCM60 show an increase in December–January–February (DJF) precipitation over eastern Panama, and a decrease in June–July–August (JJA) precipitation over western areas near the Pacific coast. Annual maximum daily precipitation increases on the eastern side of the country in both models. The mean annual maximum daily precipitation for tropical America shows decadal oscillations, similar to the global mean but with smaller amplitude variations. The mean annual maximum daily precipitation for Panama shows large oscillations, even for the 10‐year running mean. For tropical America, the mean annual maximum daily precipitation has a linear relationship with surface air temperature that is independent of the Representative Concentration Pathway scenarios, but this is not the case for Panama. Temporal correlations between the tropical America mean annual maximum daily precipitation and annual mean surface air temperature in the historical experiments have a geographical distribution similar to that of the sea surface temperature anomalies during negative El Niño/Southern Oscillation events, but not in the future experiments. The correlation between the Panama mean annual maximum daily precipitation and surface air temperature in both the historical and future experiments has a geographical distribution similar to that of the temporal correlation for the tropical America mean in the historical experiment. The annual maximum daily precipitation in Panama is projected to increase during negative El Niño events in the future, as observed in the historical climate.