Panama Agriculture

Chapter | Agriculture from The Report: Panama 2015

Though agricultural development in Panama has historically been hampered by a series of structural issues, including fragmented ownership of land, limited access to financing and deficient transport infrastructure, efforts are now under way to boost agricultural output. According to Panama’s National Institute of Statistics and Census, agriculture and livestock GDP increased steadily over the...

Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.

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Mientras el sector encara el doble reto que nace de unas condiciones climáticas volátiles y la fuerte competencia de importaciones baratas, el apoyo estatal para la agricultura se incrementa en Panamá. 

Panamá está centrando sus esfuerzos en medidas de conservación del agua para ayudar a disminuir el impacto del actual ciclo climático de El Niño, que ha hecho caer la producción agrícola y restringir la generación de energía hidroeléctrica.

What impact do free trade agreements (FTAs) have on local agriculture and livestock producers, and what strategies could help mitigate this?

On July 29, 2014, soon after assuming office, the government of Juan Carlos Varela unveiled a multimillion-dollar plan to revive the agricultural sector at the National Agriculture Institute (Instituto Nacional de Agricultura, INA). The plan, known as pacto nacional por el agro, or the national pact for agriculture, proposes 10...

Agricultural development in Panama has historically been hampered by a series of structural issues, including fragmented ownership of land, limited access to financing and deficient transport infrastructure, although efforts are now under way to change this. Former President Ricardo Martinelli – who was in office from 2009 to 2014 – designated agriculture as one of the...

Despite slower GDP growth of 6.2% in 2014, according to the Ministry of Economy and Finance, Panama remains one of Latin America’s fastest growing economies, a trend set to continue in coming years with the IMF forecasting average annual growth of around 6.5% over the next five years.

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