Food, beverages and tobacco in Panama
Panama: Food, beverages and tobacco was 56.6% in 2020. ▲ Rising
Food, beverages and tobacco in Panama, 1963–2020
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
Panama recorded 56.6% for food, beverages and tobacco in 2020.
Over the whole period, food, beverages and tobacco in Panama peaked at 56.6% in 2001 and was at its lowest, 40.1%, in 1971.
That places Panama 24th out of 157 countries with data for 2020, putting it in the top quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Food, beverages and tobacco in Panama, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 45.3% | — |
| 1964 | 52.1% | +15.0% |
| 1965 | 47.6% | -8.7% |
| 1966 | 46.5% | -2.3% |
| 1967 | 45.3% | -2.4% |
| 1968 | 46.2% | +1.9% |
| 1969 | 46.4% | +0.5% |
| 1970 | 41.2% | -11.3% |
| 1971 | 40.1% | -2.7% |
| 1972 | 40.4% | +0.9% |
| 1973 | 41.9% | +3.5% |
| 1974 | 44.2% | +5.4% |
| 1975 | 53.9% | +22.0% |
| 1976 | 49.0% | -9.1% |
| 1977 | 49.9% | +1.9% |
| 1978 | 45.8% | -8.2% |
| 1979 | 44.8% | -2.3% |
| 1980 | 48.7% | +8.8% |
| 1981 | 49.2% | +1.1% |
| 1982 | 46.5% | -5.5% |
| 1983 | 47.7% | +2.5% |
| 1984 | 47.9% | +0.5% |
| 1985 | 46.1% | -3.7% |
| 1986 | 47.1% | +2.0% |
| 1987 | 47.4% | +0.7% |
| 1988 | 52.8% | +11.5% |
| 1989 | 54.6% | +3.3% |
| 1990 | 50.9% | -6.7% |
| 1991 | 49.7% | -2.3% |
| 1992 | 46.4% | -6.7% |
| 1993 | 52.7% | +13.4% |
| 1994 | 51.8% | -1.6% |
| 1995 | 49.8% | -3.8% |
| 1996 | 54.3% | +8.8% |
| 1997 | 52.2% | -3.7% |
| 1998 | 52.5% | +0.5% |
| 1999 | 50.0% | -4.8% |
| 2000 | 56.4% | +12.9% |
| 2001 | 56.6% | +0.3% |
| 2019 | 56.6% | -0.0% |
| 2020 | 56.6% | +0.0% |
Panama compared with similar countries
- Panama's 56.6% is above the median for high income countries, which is 13.5%, 4.2× the median. (57 countries reporting)
- Panama's 56.6% is above the median for Latin America & Caribbean, which is 39.6%, 1.4× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 47.0% | 45.3% | 52.1% | 7 |
| 1970s | 45.1% | 40.1% | 53.9% | 10 |
| 1980s | 48.8% | 46.1% | 54.6% | 10 |
| 1990s | 51.0% | 46.4% | 54.3% | 10 |
| 2000s | 56.5% | 56.4% | 56.6% | 2 |
| 2010s | 56.6% | 56.6% | 56.6% | 1 |
| 2020s | 56.6% | 56.6% | 56.6% | 1 |
Countries ranked near Panama
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is food, beverages and tobacco in Panama?
- Food, beverages and tobacco in Panama was 56.6% in 2020, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest food, beverages and tobacco recorded in Panama?
- The highest recorded value was 56.6% in 2001.
- What is the lowest food, beverages and tobacco recorded in Panama?
- The lowest recorded value was 40.1% in 1971.
- How does Panama rank for food, beverages and tobacco?
- Panama ranks 24th out of 157 countries with data for 2020.
- Where does this Panama data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Food, beverages and tobacco (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of food, beverages, and tobacco includes industries classified in ISIC (Rev. 3) divisions 15 and 16. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).