Sugar cane — Gross Production Value in Panama

Panama: Sugar cane — Gross Production Value was 53,219 1000 USD in 2024. ▲ Rising

Latest (2024)
53,219 1000 USD
Change on year
up 9.5%
World rank
36th
of 63 countries
All-time high
87,678 1000 USD
in 2018
All-time low
20,348 1000 USD
in 1991
Years of data
34
1991–2024

Sugar cane — Gross Production Value in Panama, 1991–2024

20.0k40.0k60.0k80.0k1991200720241991: 20.3k 1000 USD1992: 26.7k 1000 USD1993: 26.4k 1000 USD1994: 27.2k 1000 USD1995: 22.0k 1000 USD1996: 25.4k 1000 USD1997: 27.8k 1000 USD1998: 33.3k 1000 USD1999: 30.2k 1000 USD2000: 30.4k 1000 USD2001: 24.5k 1000 USD2002: 27.2k 1000 USD2003: 23.6k 1000 USD2004: 26.2k 1000 USD2005: 26.5k 1000 USD2006: 26.6k 1000 USD2007: 32.7k 1000 USD2008: 31.4k 1000 USD2009: 43.0k 1000 USD2010: 46.2k 1000 USD2011: 53.8k 1000 USD2012: 54.6k 1000 USD2013: 54.9k 1000 USD2014: 59.9k 1000 USD2015: 54.2k 1000 USD2016: 60.7k 1000 USD2017: 70.1k 1000 USD2018: 87.7k 1000 USD2019: 69.7k 1000 USD2020: 69.1k 1000 USD2021: 59.7k 1000 USD2022: 47.9k 1000 USD2023: 48.6k 1000 USD2024: 53.2k 1000 USD

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 53,219 1000 USD.

Compared with earlier readings it is up 9.5% on the previous year and down 11.2% over ten years.

Over the whole period, sugar cane — gross production value in Panama peaked at 87,678 1000 USD in 2018 and was at its lowest, 20,348 1000 USD, in 1991.

Panama ranks 36th of 63 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 34 years of available data.

Sugar cane — Gross Production Value in Panama, year by year

Annual values for Sugar cane — Gross Production Value (current thousand US$) in Panama, 1991 to 2024.
Year 1000 USD Change
1991 20,348 1000 USD —
1992 26,743 1000 USD +31.4%
1993 26,384 1000 USD -1.3%
1994 27,173 1000 USD +3.0%
1995 22,005 1000 USD -19.0%
1996 25,435 1000 USD +15.6%
1997 27,766 1000 USD +9.2%
1998 33,266 1000 USD +19.8%
1999 30,156 1000 USD -9.3%
2000 30,405 1000 USD +0.8%
2001 24,457 1000 USD -19.6%
2002 27,222 1000 USD +11.3%
2003 23,581 1000 USD -13.4%
2004 26,242 1000 USD +11.3%
2005 26,491 1000 USD +0.9%
2006 26,573 1000 USD +0.3%
2007 32,693 1000 USD +23.0%
2008 31,372 1000 USD -4.0%
2009 42,953 1000 USD +36.9%
2010 46,200 1000 USD +7.6%
2011 53,809 1000 USD +16.5%
2012 54,650 1000 USD +1.6%
2013 54,932 1000 USD +0.5%
2014 59,921 1000 USD +9.1%
2015 54,211 1000 USD -9.5%
2016 60,672 1000 USD +11.9%
2017 70,051 1000 USD +15.5%
2018 87,678 1000 USD +25.2%
2019 69,712 1000 USD -20.5%
2020 69,084 1000 USD -0.9%
2021 59,717 1000 USD -13.6%
2022 47,947 1000 USD -19.7%
2023 48,621 1000 USD +1.4%
2024 53,219 1000 USD +9.5%

Panama compared with similar countries

  • Panama's 53,219 1000 USD is above the median for high income countries, which is 2,102 1000 USD, 25.3× the median. (11 countries reporting)
  • Panama's 53,219 1000 USD is below the median for Latin America & Caribbean, which is 129,220 1000 USD, 41% of the median. (21 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 26,586 1000 USD 20,348 1000 USD 33,266 1000 USD 9
2000s 29,199 1000 USD 23,581 1000 USD 42,953 1000 USD 10
2010s 61,184 1000 USD 46,200 1000 USD 87,678 1000 USD 10
2020s 55,718 1000 USD 47,947 1000 USD 69,084 1000 USD 5

Countries ranked near Panama

  1. 33 Belize 72,821 1000 USD compare
  2. 34 Rwanda 67,571 1000 USD compare
  3. 35 Ethiopia 56,834 1000 USD compare
  4. 37 Fiji 51,567 1000 USD compare
  5. 38 Madagascar 46,785 1000 USD compare
  6. 39 Burkina Faso 35,262 1000 USD compare

See the full ranking of 98 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is sugar cane — gross production value in Panama?
Sugar cane — gross production value in Panama was 53,219 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 87,678 1000 USD in 2018.
What is the lowest sugar cane — gross production value recorded in Panama?
The lowest recorded value was 20,348 1000 USD in 1991.
How does Panama rank for sugar cane — gross production value?
Panama ranks 36th 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 11.2%. 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 (current thousand US$). Statizoid updates them automatically from the source API.

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Sugar cane — Gross Production Value in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 October 2026, from https://agriculture.statizoid.com/stat/sugar-cane-gross-production-value-current-thousand-us/panama/

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About this data

Indicator
Sugar cane — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
98 places, 3,093 data points, 1991–2024
Last refreshed

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.