Agriculture (central government expenditure) — Value Standard Local in Panama
Panama: Agriculture (central government expenditure) — Value Standard Local was 275.13 million SLC in 2023. ◆ Volatile
Agriculture (central government expenditure) — Value Standard Local in Panama, 2001–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Panama recorded 275.13 million SLC for agriculture (central government expenditure) — value standard local in 2023.
Compared with earlier readings it is down 14.7% on the previous year and up 161.7% over ten years.
Over the whole period, agriculture (central government expenditure) — value standard local in Panama peaked at 369 million SLC in 2020 and was at its lowest, 35 million SLC, in 2003.
That places Panama 61st out of 84 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Agriculture (central government expenditure) — Value Standard Local in Panama, year by year
| Year | million SLC | Change |
|---|---|---|
| 2001 | 76 million SLC | — |
| 2002 | 50 million SLC | -34.2% |
| 2003 | 35 million SLC | -30.0% |
| 2004 | 87 million SLC | +148.6% |
| 2005 | 57 million SLC | -34.5% |
| 2006 | 73 million SLC | +28.1% |
| 2007 | 80 million SLC | +9.6% |
| 2008 | 75 million SLC | -6.2% |
| 2009 | 76 million SLC | +1.3% |
| 2010 | 100 million SLC | +31.6% |
| 2011 | 99 million SLC | -1.0% |
| 2012 | 94 million SLC | -5.1% |
| 2013 | 105.14 million SLC | +11.9% |
| 2014 | 152.09 million SLC | +44.7% |
| 2015 | 193.87 million SLC | +27.5% |
| 2016 | 176.96 million SLC | -8.7% |
| 2017 | 181.13 million SLC | +2.4% |
| 2018 | 237 million SLC | +30.8% |
| 2019 | 286.02 million SLC | +20.7% |
| 2020 | 369 million SLC | +29.0% |
| 2021 | 340.3 million SLC | -7.8% |
| 2022 | 322.63 million SLC | -5.2% |
| 2023 | 275.13 million SLC | -14.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.67 million SLC | 35 million SLC | 87 million SLC | 9 |
| 2010s | 162.52 million SLC | 94 million SLC | 286.02 million SLC | 10 |
| 2020s | 326.76 million SLC | 275.13 million SLC | 369 million SLC | 4 |
Countries ranked near Panama
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 agriculture (central government expenditure) — value standard local in Panama?
- Agriculture (central government expenditure) — value standard local in Panama was 275.13 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest agriculture (central government expenditure) — value standard local recorded in Panama?
- The highest recorded value was 369 million SLC in 2020.
- What is the lowest agriculture (central government expenditure) — value standard local recorded in Panama?
- The lowest recorded value was 35 million SLC in 2003.
- How does Panama rank for agriculture (central government expenditure) — value standard local?
- Panama ranks 61st out of 84 countries with data for 2023.
- Is agriculture (central government expenditure) — value standard local rising or falling in Panama?
- Over the last ten years it is up 161.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Agriculture (central government expenditure) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.