Impact of Coffee on Panamanian economy evaluated in study

Agriculture

The multiplier effect of the coffee industry on the added value of the Panamanian economy was estimated at $ 212.2 million in 2015, according to the study “Economic Impact of the Coffee Industry in Panama” presented on Wednesday, June 6.

The greatest impact of this industry is generated through the private consumption of employees in the coffee production chain ($ 81.9 million).

Although currently this economic impact of coffee (harvest and processing) is lower than that of other agricultural industries, its value-added multiplier is the highest, according to the analysis.

———-
READ MORE:https://www.prensa.com/economia/millones-aporta-industria-economia-panamena_0_5047745182.html

No Comments

Leave a Reply

Your email address will not be published.

"JB"
EX-PAT ALERT: Backpackers and Vacationers take a look at labels in Bocas del Toro supply chain.

“JB”-  You know my feelings on Bocas and Isla Colon. If invested in properly, what is already the tourism hub of Panama, would be a tropical jewel. I feel things are changing looking forward, as “REAL” developers are getting primed to build sustainable and professionally thought out developments. We have …

Agriculture
Sociologist says 18 days of protest reveal RACIST undertones within Panama.

https://www.laestrella.com.pa/nacional/231108/jesus-alemancia-crisis-minera-aflorado When 18 consecutive days of anti-mining demonstrations have passed, tensions are growing between those who demand an end to the closures and those who continue protesting in the streets due to distrust that the Supreme Court will rule in favor of the company Minera Panamá. The speeches against the …

Economy
Bleak job outlook for “young” Gen-Z Panamanians

https://www.laestrella.com.pa/economia/231204/jovenes-representan-54-desempleados-pais   The recent results of the Labor Market Survey as of August 2023, carried out by the Institute of Statistics and Census (Inec), which collects the evolution of employment, marked a strong trend of the crisis experienced by Panamanian youth employment. In the reference month of the survey, the …