Agriculture (central government expenditure) — Value US$ in Panama

Panama: Agriculture (central government expenditure) — Value US$ was 275.13 million USD in 2023. ◆ Volatile

Latest (2023)
275.13 million USD
Change on year
down 14.7%
World rank
28th
of 84 countries
All-time high
369 million USD
in 2020
All-time low
35 million USD
in 2003
Years of data
23
2001–2023

Agriculture (central government expenditure) — Value US$ in Panama, 2001–2023

01002003004002001201220232001: 76 million USD2002: 50 million USD2003: 35 million USD2004: 87 million USD2005: 57 million USD2006: 73 million USD2007: 80 million USD2008: 75 million USD2009: 76 million USD2010: 100 million USD2011: 99 million USD2012: 94 million USD2013: 105.1 million USD2014: 152.1 million USD2015: 193.9 million USD2016: 177 million USD2017: 181.1 million USD2018: 237 million USD2019: 286 million USD2020: 369 million USD2021: 340.3 million USD2022: 322.6 million USD2023: 275.1 million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

Panama recorded 275.13 million USD for agriculture (central government expenditure) — value us$ in 2023.

The figure is down 14.7% on the previous year and up 161.7% over ten years.

Over the whole period, agriculture (central government expenditure) — value us$ in Panama peaked at 369 million USD in 2020 and was at its lowest, 35 million USD, in 2003.

Panama ranks 28th of 84 countries on this measure, 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 US$ in Panama, year by year

Annual values for Agriculture (central government expenditure) — Value US$ in Panama, 2001 to 2023.
Year million USD Change
2001 76 million USD
2002 50 million USD -34.2%
2003 35 million USD -30.0%
2004 87 million USD +148.6%
2005 57 million USD -34.5%
2006 73 million USD +28.1%
2007 80 million USD +9.6%
2008 75 million USD -6.2%
2009 76 million USD +1.3%
2010 100 million USD +31.6%
2011 99 million USD -1.0%
2012 94 million USD -5.1%
2013 105.14 million USD +11.9%
2014 152.09 million USD +44.7%
2015 193.87 million USD +27.5%
2016 176.96 million USD -8.7%
2017 181.13 million USD +2.4%
2018 237 million USD +30.8%
2019 286.02 million USD +20.7%
2020 369 million USD +29.0%
2021 340.3 million USD -7.8%
2022 322.63 million USD -5.2%
2023 275.13 million USD -14.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 67.67 million USD 35 million USD 87 million USD 9
2010s 162.52 million USD 94 million USD 286.02 million USD 10
2020s 326.76 million USD 275.13 million USD 369 million USD 4

Countries ranked near Panama

  1. 25 Kazakhstan 329.4 million USD compare
  2. 26 Ukraine 310.24 million USD compare
  3. 27 Senegal 275.51 million USD compare
  4. 29 Turkmenistan 261.8 million USD compare
  5. 30 Pakistan 251.67 million USD compare
  6. 31 Argentina 248.07 million USD compare

See the full ranking of 89 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is agriculture (central government expenditure) — value us$ in Panama?
Agriculture (central government expenditure) — value us$ in Panama was 275.13 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture (central government expenditure) — value us$ recorded in Panama?
The highest recorded value was 369 million USD in 2020.
What is the lowest agriculture (central government expenditure) — value us$ recorded in Panama?
The lowest recorded value was 35 million USD in 2003.
How does Panama rank for agriculture (central government expenditure) — value us$?
Panama ranks 28th out of 84 countries with data for 2023.
Is agriculture (central government expenditure) — value us$ 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 US$. Statizoid updates them automatically from the source API.

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Agriculture (central government expenditure) — Value US$ in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://agriculture.statizoid.com/stat/agriculture-central-government-expenditure-value-us/panama/

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About this data

Indicator
Agriculture (central government expenditure) — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
89 places, 1,107 data points, 2001–2024
Last refreshed

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.