Iceland vs Panama: Milk, Total — Gross Production Value

Iceland
146,991 1000 USD
in 2024
Panama
86,748 1000 USD
in 2024
Iceland rank
102nd
Panama rank
104th

Milk, Total — Gross Production Value over time

  • Iceland
  • Panama
50.0k100.0k150.0k200.0k199120072024

How they compare

Iceland currently reports 146,991 1000 USD against 86,748 1000 USD in Panama, a difference of 60,243 1000 USD.

That makes Iceland's figure about 1.7 times Panama's.

The two have swapped places 8 times across 34 shared years of data; in 1991 it was Iceland ahead.

Iceland ranks 102nd and Panama ranks 104th of 151 countries.

Across the 4 decades both report, Iceland averaged higher in 1 and Panama in 3.

Head to head by decade

Decade Iceland Panama Difference Ahead
1990s 84,539 1000 USD 94,630 1000 USD 10,091 1000 USD Panama
2000s 101,101 1000 USD 116,190 1000 USD 15,090 1000 USD Panama
2010s 89,667 1000 USD 143,785 1000 USD 54,117 1000 USD Panama
2020s 125,815 1000 USD 98,951 1000 USD 26,864 1000 USD Iceland

Averages of every year both report within each decade.

Frequently asked questions

Which has higher milk, total — gross production value, Iceland or Panama?
Iceland, at 146,991 1000 USD against 86,748 1000 USD in Panama as of 2024.
What is the difference in milk, total — gross production value between Iceland and Panama?
60,243 1000 USD, with Iceland ahead.
How many years of comparable data are there for Iceland and Panama?
34 years are reported by both, from 1991 to 2024.
How do Iceland and Panama rank globally for milk, total — gross production value?
Iceland ranks 102nd and Panama ranks 104th of 151 countries.
Where does this data come from?
Food and Agriculture Organization of the United Nations, published as Milk, Total — Gross Production Value (current thousand US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iceland vs Panama: Milk, Total — Gross Production Value. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 22 August 2026, from https://agriculture.statizoid.com/compare/milk-total-gross-production-value-current-thousand-us/iceland/panama/

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About this data

Indicator
Milk, Total — 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
194 places, 5,860 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.