| Harmodio Arias Madrid | |
| Order: | President of Panama |
| Term Start1: | 3 January 1931 |
| Term End1: | 16 January 1931 |
| Deputy1: | Presidential designates Ricardo Alfaro Carlos Laureano López Eduardo Chiari |
| Predecessor1: | Florencio Harmodio Arosemena |
| Successor1: | Ricardo Alfaro |
| Term Start2: | 5 June 1932 |
| Term End2: | 1 October 1936 |
| Deputy2: | Presidential designates Domingo Díaz Arosemena Carlos W. Muller José de Obaldía Jované Enrique A. Jiménez Ricado A. Morales Miguel Ángel Grimaldo |
| Predecessor2: | Ricardo Alfaro |
| Successor2: | Juan Demóstenes Arosemena |
| Birth Date: | 3 July 1886 |
Harmodio Arias Madrid (3 July 1886 - 23 December 1962)[1] was a Panamanian politician. He served as acting President of Panama in January 1931 and again from 5 June 1932, to 1 October 1936, after winning the 1932 presidential election.
His brother Arnulfo Arias was president on three occasions.
Harmodio's son, Roberto was a diplomat and politician who married the English ballerina Margot Fonteyn.
Madrid originally assumed the presidency after the 1931 coup d'etat against sitting president Florencio Harmodio Arosemena. However, soon after, he was replaced by Ricardo J. Alfaro. However, he returned to office after winning the popular vote in 1932.
During his presidency, he founded the University of Panamá.[2]