Sugar cane — Gross Production Value in Panama
Panama: Sugar cane — Gross Production Value was 44,390 1000 USD in 2024. ▲ Rising
Sugar cane — Gross Production Value in Panama, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, sugar cane — gross production value in Panama stood at 44,390 1000 USD.
Compared with earlier readings it is up 5.7% on the previous year and down 25.5% over ten years.
Over the whole period, sugar cane — gross production value in Panama peaked at 66,152 1000 USD in 1978 and was at its lowest, 15,501 1000 USD, in 1962.
That places Panama 38th out of 63 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Sugar cane — Gross Production Value in Panama, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 16,304 1000 USD | — |
| 1962 | 15,501 1000 USD | -4.9% |
| 1963 | 18,630 1000 USD | +20.2% |
| 1964 | 22,094 1000 USD | +18.6% |
| 1965 | 22,810 1000 USD | +3.2% |
| 1966 | 20,121 1000 USD | -11.8% |
| 1967 | 25,616 1000 USD | +27.3% |
| 1968 | 27,559 1000 USD | +7.6% |
| 1969 | 28,541 1000 USD | +3.6% |
| 1970 | 28,443 1000 USD | -0.3% |
| 1971 | 32,393 1000 USD | +13.9% |
| 1972 | 28,400 1000 USD | -12.3% |
| 1973 | 32,464 1000 USD | +14.3% |
| 1974 | 34,371 1000 USD | +5.9% |
| 1975 | 41,317 1000 USD | +20.2% |
| 1976 | 46,163 1000 USD | +11.7% |
| 1977 | 57,481 1000 USD | +24.5% |
| 1978 | 66,152 1000 USD | +15.1% |
| 1979 | 62,964 1000 USD | -4.8% |
| 1980 | 57,256 1000 USD | -9.1% |
| 1981 | 49,137 1000 USD | -14.2% |
| 1982 | 62,160 1000 USD | +26.5% |
| 1983 | 50,243 1000 USD | -19.2% |
| 1984 | 51,220 1000 USD | +1.9% |
| 1985 | 43,682 1000 USD | -14.7% |
| 1986 | 38,309 1000 USD | -12.3% |
| 1987 | 36,140 1000 USD | -5.7% |
| 1988 | 31,644 1000 USD | -12.4% |
| 1989 | 30,265 1000 USD | -4.4% |
| 1990 | 31,141 1000 USD | +2.9% |
| 1991 | 30,516 1000 USD | -2.0% |
| 1992 | 40,106 1000 USD | +31.4% |
| 1993 | 39,567 1000 USD | -1.3% |
| 1994 | 40,751 1000 USD | +3.0% |
| 1995 | 33,001 1000 USD | -19.0% |
| 1996 | 38,144 1000 USD | +15.6% |
| 1997 | 41,640 1000 USD | +9.2% |
| 1998 | 46,953 1000 USD | +12.8% |
| 1999 | 42,564 1000 USD | -9.3% |
| 2000 | 42,915 1000 USD | +0.8% |
| 2001 | 34,520 1000 USD | -19.6% |
| 2002 | 38,422 1000 USD | +11.3% |
| 2003 | 37,721 1000 USD | -1.8% |
| 2004 | 41,979 1000 USD | +11.3% |
| 2005 | 42,377 1000 USD | +0.9% |
| 2006 | 42,507 1000 USD | +0.3% |
| 2007 | 43,131 1000 USD | +1.5% |
| 2008 | 41,383 1000 USD | -4.1% |
| 2009 | 42,589 1000 USD | +2.9% |
| 2010 | 45,922 1000 USD | +7.8% |
| 2011 | 53,485 1000 USD | +16.5% |
| 2012 | 54,321 1000 USD | +1.6% |
| 2013 | 54,602 1000 USD | +0.5% |
| 2014 | 59,560 1000 USD | +9.1% |
| 2015 | 57,127 1000 USD | -4.1% |
| 2016 | 58,060 1000 USD | +1.6% |
| 2017 | 58,655 1000 USD | +1.0% |
| 2018 | 63,811 1000 USD | +8.8% |
| 2019 | 58,140 1000 USD | -8.9% |
| 2020 | 60,497 1000 USD | +4.1% |
| 2021 | 52,565 1000 USD | -13.1% |
| 2022 | 43,191 1000 USD | -17.8% |
| 2023 | 41,991 1000 USD | -2.8% |
| 2024 | 44,390 1000 USD | +5.7% |
Panama compared with similar countries
- Panama's 44,390 1000 USD is above the median for high income countries, which is 2,833 1000 USD, 15.7× the median. (11 countries reporting)
- Panama's 44,390 1000 USD is below the median for Latin America & Caribbean, which is 144,234 1000 USD, 31% of the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21,908 1000 USD | 15,501 1000 USD | 28,541 1000 USD | 9 |
| 1970s | 43,015 1000 USD | 28,400 1000 USD | 66,152 1000 USD | 10 |
| 1980s | 45,006 1000 USD | 30,265 1000 USD | 62,160 1000 USD | 10 |
| 1990s | 38,438 1000 USD | 30,516 1000 USD | 46,953 1000 USD | 10 |
| 2000s | 40,754 1000 USD | 34,520 1000 USD | 43,131 1000 USD | 10 |
| 2010s | 56,368 1000 USD | 45,922 1000 USD | 63,811 1000 USD | 10 |
| 2020s | 48,527 1000 USD | 41,991 1000 USD | 60,497 1000 USD | 5 |
Countries ranked near Panama
- 35 Niger 76,126 1000 USD compare
- 36 Belize 67,017 1000 USD compare
- 37 Madagascar 63,767 1000 USD compare
- 39 Fiji 43,640 1000 USD compare
- 40 Trinidad and Tobago 34,812 1000 USD compare
- 41 Burkina Faso 32,895 1000 USD compare
More agriculture & rural data for Panama
- Agriculture, forestry, and fishing, value added (current US$), annual 2.06 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0262 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 518.14 current US$ per person (2025)
- Rural population, annual growth rate 0.7724 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3385 units per person (2025)
- Share of GDP from agriculture 2.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 2.6% (2025)
- Agricultural raw materials exports 4.7% (2024)
- Agricultural raw materials imports 0.4% (2024)
Frequently asked questions
- What is sugar cane — gross production value in Panama?
- Sugar cane — gross production value in Panama was 44,390 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest sugar cane — gross production value recorded in Panama?
- The highest recorded value was 66,152 1000 USD in 1978.
- What is the lowest sugar cane — gross production value recorded in Panama?
- The lowest recorded value was 15,501 1000 USD in 1962.
- How does Panama rank for sugar cane — gross production value?
- Panama ranks 38th out of 63 countries with data for 2024.
- Is sugar cane — gross production value rising or falling in Panama?
- Over the last ten years it is down 25.5%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Sugar cane — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
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About this data
The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.