Objective Panic disorder (PD) may cause serious cardiac arrhythmias by causing electrical abnormalities. Abnormal P-wave axis (aPwa), presence of fragmented QRS (fQRS), widen frontal QRS-T angle (fQRSTa), QRS duration corrected (QRSdc) and log/logQRS duration/RR interval (log/logQRS/RR) have been correlated with an increased risk of serious supraventricular and ventricular cardiac arrhythmias in a general population. The aim of this study was to determine these newly explored atrial and ventricular arrhythmia indicators in patients with PD compared with healthy subjects. Method A total of 169 newly diagnosed PD patients and 128 healthy subjects were included in the study. Panic and Agoraphobia Scale (PAS) was administered and 12-lead electrocardiography (ECG) measurements were obtained. Electrocardiographic parameters including aPwa, fQRSTa, presence of fQRS, QRS duration corrected (QRSdc), log/logQRS duration/RR distance (log/logQRS/RR) were compared between the two groups. Results The prevalence of aPwa and fQRS, in addition to fQRSTa, QRSdc, and log/logQRS/RR ratio values were significantly increased in the PD group compared to the healthy controls. Correlation analyses revealed that wider fQRSTa, number of fQRS derivation, number of total fQRS, wider QRSdc, and log/logQRS/RR ratio significantly correlated with PDSS. Logistic regression analysis results showed that fQRSTa and the number of total fQRS were independently associated with PD. Conclusion PD is associated with wider fQRSTa, QRSdc and log/logQRS/RR in addition to the increased prevalence of abnormal aPwa and presence of fQRS. Therefore, this study suggests that untreated PD patients are susceptible to supraventricular in ventricular arrhythmia, indicating that ECG should be routinely obtained in the management of PD patients