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Home >> World Economy >>Economic Structure Of Panama

Economic Structure Of Panama

Economic Indicators Economic Structure Of Panama Export & Import Insurance Mortgage Stock
 

STRUCTURE OF THE ECONOMY

Among the various sectors of the economy, the percentage share of the services sector in the total GDP of the country as in the year 2004 was at 76.0.


Country's major industries are sugar miling, cement and construction materials and petroleum refining.

Important agricultural products in the country are vegetables, coffee, sugarcane, rice and bananas.

The following diagram shows the percentage share of various sectors in the total GDP in the country.



Value Additions made by different sectors as the percentage of the total GDP in the country are as follows:

Value Added (% of GDP) 2000 2003 2004
Agriculture, value added (% of GDP) 7.2 7.8 7.7
Industry, value added (% of GDP) 19.1 13.7 17.9
Services, etc., value added (% of GDP) 73.6 78.5 74.4