Agricultural output in Panama
Panama: Agricultural output was 2.80 billion constant 2014-2016 US$ in 2024. ▲ Rising
Latest (2024)
2.80 billion constant 2014-2016 US$
Change on year
up 2.6%
World rank
100th
of 159 countries
All-time high
2.91 billion constant 2014-2016 US$
in 2021
All-time low
525.33 million constant 2014-2016 US$
in 1961
Years of data
64
1961–2024
Agricultural output in Panama, 1961–2024
Source: Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data. Measured in constant 2014-2016 US$.
Analysis
In 2024, agricultural output in Panama stood at 2.80 billion constant 2014-2016 US$.
That represents a change of up 2.6% on the previous year and up 13.3% over ten years.
Over the whole period, agricultural output in Panama peaked at 2.91 billion constant 2014-2016 US$ in 2021 and was at its lowest, 525.33 million constant 2014-2016 US$, in 1961.
That places Panama 100th out of 159 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Agricultural output in Panama, year by year
| Year | constant 2014-2016 US$ | Change |
|---|---|---|
| 1961 | 525.33 million constant 2014-2016 US$ | — |
| 1962 | 536.58 million constant 2014-2016 US$ | +2.1% |
| 1963 | 557.37 million constant 2014-2016 US$ | +3.9% |
| 1964 | 570.01 million constant 2014-2016 US$ | +2.3% |
| 1965 | 603.79 million constant 2014-2016 US$ | +5.9% |
| 1966 | 615.51 million constant 2014-2016 US$ | +1.9% |
| 1967 | 651.69 million constant 2014-2016 US$ | +5.9% |
| 1968 | 732.96 million constant 2014-2016 US$ | +12.5% |
| 1969 | 773.39 million constant 2014-2016 US$ | +5.5% |
| 1970 | 695.02 million constant 2014-2016 US$ | -10.1% |
| 1971 | 761.26 million constant 2014-2016 US$ | +9.5% |
| 1972 | 752.70 million constant 2014-2016 US$ | -1.1% |
| 1973 | 779.77 million constant 2014-2016 US$ | +3.6% |
| 1974 | 807.34 million constant 2014-2016 US$ | +3.5% |
| 1975 | 835.33 million constant 2014-2016 US$ | +3.5% |
| 1976 | 842.88 million constant 2014-2016 US$ | +0.9% |
| 1977 | 891.28 million constant 2014-2016 US$ | +5.7% |
| 1978 | 900.21 million constant 2014-2016 US$ | +1.0% |
| 1979 | 913.27 million constant 2014-2016 US$ | +1.5% |
| 1980 | 903.00 million constant 2014-2016 US$ | -1.1% |
| 1981 | 959.89 million constant 2014-2016 US$ | +6.3% |
| 1982 | 959.28 million constant 2014-2016 US$ | -0.1% |
| 1983 | 991.12 million constant 2014-2016 US$ | +3.3% |
| 1984 | 1.02 billion constant 2014-2016 US$ | +2.7% |
| 1985 | 1.04 billion constant 2014-2016 US$ | +2.6% |
| 1986 | 1.05 billion constant 2014-2016 US$ | +0.4% |
| 1987 | 1.11 billion constant 2014-2016 US$ | +6.1% |
| 1988 | 1.03 billion constant 2014-2016 US$ | -7.4% |
| 1989 | 1.08 billion constant 2014-2016 US$ | +5.3% |
| 1990 | 1.11 billion constant 2014-2016 US$ | +2.6% |
| 1991 | 1.30 billion constant 2014-2016 US$ | +17.0% |
| 1992 | 1.26 billion constant 2014-2016 US$ | -3.4% |
| 1993 | 1.27 billion constant 2014-2016 US$ | +1.4% |
| 1994 | 1.29 billion constant 2014-2016 US$ | +1.6% |
| 1995 | 1.41 billion constant 2014-2016 US$ | +8.9% |
| 1996 | 1.40 billion constant 2014-2016 US$ | -1.0% |
| 1997 | 1.42 billion constant 2014-2016 US$ | +2.0% |
| 1998 | 1.62 billion constant 2014-2016 US$ | +13.9% |
| 1999 | 1.52 billion constant 2014-2016 US$ | -6.0% |
| 2000 | 1.59 billion constant 2014-2016 US$ | +4.4% |
| 2001 | 1.74 billion constant 2014-2016 US$ | +9.4% |
| 2002 | 1.79 billion constant 2014-2016 US$ | +2.8% |
| 2003 | 1.82 billion constant 2014-2016 US$ | +1.5% |
| 2004 | 1.82 billion constant 2014-2016 US$ | +0.5% |
| 2005 | 1.90 billion constant 2014-2016 US$ | +4.1% |
| 2006 | 2.01 billion constant 2014-2016 US$ | +5.7% |
| 2007 | 2.22 billion constant 2014-2016 US$ | +10.5% |
| 2008 | 2.23 billion constant 2014-2016 US$ | +0.5% |
| 2009 | 2.12 billion constant 2014-2016 US$ | -4.9% |
| 2010 | 2.08 billion constant 2014-2016 US$ | -1.6% |
| 2011 | 2.15 billion constant 2014-2016 US$ | +3.2% |
| 2012 | 2.27 billion constant 2014-2016 US$ | +5.5% |
| 2013 | 2.36 billion constant 2014-2016 US$ | +4.2% |
| 2014 | 2.47 billion constant 2014-2016 US$ | +4.5% |
| 2015 | 2.51 billion constant 2014-2016 US$ | +1.4% |
| 2016 | 2.60 billion constant 2014-2016 US$ | +3.7% |
| 2017 | 2.64 billion constant 2014-2016 US$ | +1.7% |
| 2018 | 2.81 billion constant 2014-2016 US$ | +6.5% |
| 2019 | 2.86 billion constant 2014-2016 US$ | +1.5% |
| 2020 | 2.76 billion constant 2014-2016 US$ | -3.4% |
| 2021 | 2.91 billion constant 2014-2016 US$ | +5.4% |
| 2022 | 2.69 billion constant 2014-2016 US$ | -7.3% |
| 2023 | 2.73 billion constant 2014-2016 US$ | +1.3% |
| 2024 | 2.80 billion constant 2014-2016 US$ | +2.6% |
Panama compared with similar countries
- Panama's 2.80 billion constant 2014-2016 US$ is below the median for high income countries, which is 4.47 billion constant 2014-2016 US$, 63% of the median. (58 countries reporting)
- Panama's 2.80 billion constant 2014-2016 US$ is above the median for Latin America & Caribbean, which is 2.80 billion constant 2014-2016 US$, 1.0× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 618.51 million constant 2014-2016 US$ | 525.33 million constant 2014-2016 US$ | 773.39 million constant 2014-2016 US$ | 9 |
| 1970s | 817.91 million constant 2014-2016 US$ | 695.02 million constant 2014-2016 US$ | 913.27 million constant 2014-2016 US$ | 10 |
| 1980s | 1.02 billion constant 2014-2016 US$ | 903.00 million constant 2014-2016 US$ | 1.11 billion constant 2014-2016 US$ | 10 |
| 1990s | 1.36 billion constant 2014-2016 US$ | 1.11 billion constant 2014-2016 US$ | 1.62 billion constant 2014-2016 US$ | 10 |
| 2000s | 1.92 billion constant 2014-2016 US$ | 1.59 billion constant 2014-2016 US$ | 2.23 billion constant 2014-2016 US$ | 10 |
| 2010s | 2.48 billion constant 2014-2016 US$ | 2.08 billion constant 2014-2016 US$ | 2.86 billion constant 2014-2016 US$ | 10 |
| 2020s | 2.78 billion constant 2014-2016 US$ | 2.69 billion constant 2014-2016 US$ | 2.91 billion constant 2014-2016 US$ | 5 |
Countries ranked near Panama
- 97 Lebanon 3.03 billion constant 2014-2016 US$ compare
- 98 Finland 2.98 billion constant 2014-2016 US$ compare
- 99 Madagascar 2.93 billion constant 2014-2016 US$ compare
- 101 Nicaragua 2.68 billion constant 2014-2016 US$ compare
- 102 Guinea 2.68 billion constant 2014-2016 US$ compare
- 103 Burundi 2.63 billion constant 2014-2016 US$ compare
More agriculture & rural data for Panama
- Agriculture, forestry, and fishing, value added (current US$), annual 2.06 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0262 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 518.14 current US$ per person (2025)
- Rural population, annual growth rate 0.7724 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.3385 units per person (2025)
- Share of GDP from agriculture 2.6% (2025)
- Agriculture as a share of GDP vs. GDP per capita 2.6% (2025)
- Agricultural raw materials exports 4.7% (2024)
- Agricultural raw materials imports 0.4% (2024)
Frequently asked questions
- What is agricultural output in Panama?
- Agricultural output in Panama was 2.80 billion constant 2014-2016 US$ in 2024, according to Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data.
- What is the highest agricultural output recorded in Panama?
- The highest recorded value was 2.91 billion constant 2014-2016 US$ in 2021.
- What is the lowest agricultural output recorded in Panama?
- The lowest recorded value was 525.33 million constant 2014-2016 US$ in 1961.
- How does Panama rank for agricultural output?
- Panama ranks 100th out of 159 countries with data for 2024.
- Is agricultural output rising or falling in Panama?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations (2026) – with major processing by Our World in Data, published as part of Agricultural output. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total agricultural output is the sum of crop and livestock products. This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in living costs between countries.