Agriculture — Gross Production Value in Panama

Panama: Agriculture — Gross Production Value was 2.80 million 1000 USD in 2024. ▲ Rising

Latest (2024)
2.80 million 1000 USD
Change on year
up 2.6%
World rank
93rd
of 149 countries
All-time high
2.91 million 1000 USD
in 2021
All-time low
525,333 1000 USD
in 1961
Years of data
64
1961–2024

Agriculture — Gross Production Value in Panama, 1961–2024

500.0k1.0M1.5M2.0M2.5M3.0M196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

In 2024, agriculture — gross production value in Panama stood at 2.80 million 1000 USD.

The figure is up 2.6% on the previous year and up 13.3% over ten years.

Over the whole period, agriculture — gross production value in Panama peaked at 2.91 million 1000 USD in 2021 and was at its lowest, 525,333 1000 USD, in 1961.

That places Panama 93rd out of 149 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.

Agriculture — Gross Production Value in Panama, year by year

Annual values for Agriculture — Gross Production Value (constant 2014-2016 thousand US$) in Panama, 1961 to 2024.
Year 1000 USD Change
1961 525,333 1000 USD
1962 536,575 1000 USD +2.1%
1963 557,372 1000 USD +3.9%
1964 570,014 1000 USD +2.3%
1965 603,786 1000 USD +5.9%
1966 615,511 1000 USD +1.9%
1967 651,688 1000 USD +5.9%
1968 732,959 1000 USD +12.5%
1969 773,394 1000 USD +5.5%
1970 695,024 1000 USD -10.1%
1971 761,263 1000 USD +9.5%
1972 752,700 1000 USD -1.1%
1973 779,768 1000 USD +3.6%
1974 807,342 1000 USD +3.5%
1975 835,331 1000 USD +3.5%
1976 842,881 1000 USD +0.9%
1977 891,280 1000 USD +5.7%
1978 900,212 1000 USD +1.0%
1979 913,266 1000 USD +1.5%
1980 903,002 1000 USD -1.1%
1981 959,895 1000 USD +6.3%
1982 959,284 1000 USD -0.1%
1983 991,119 1000 USD +3.3%
1984 1.02 million 1000 USD +2.7%
1985 1.04 million 1000 USD +2.6%
1986 1.05 million 1000 USD +0.4%
1987 1.11 million 1000 USD +6.1%
1988 1.03 million 1000 USD -7.4%
1989 1.08 million 1000 USD +5.3%
1990 1.11 million 1000 USD +2.6%
1991 1.30 million 1000 USD +17.0%
1992 1.26 million 1000 USD -3.4%
1993 1.27 million 1000 USD +1.4%
1994 1.29 million 1000 USD +1.6%
1995 1.41 million 1000 USD +8.9%
1996 1.40 million 1000 USD -1.0%
1997 1.42 million 1000 USD +2.0%
1998 1.62 million 1000 USD +13.9%
1999 1.52 million 1000 USD -6.0%
2000 1.59 million 1000 USD +4.4%
2001 1.74 million 1000 USD +9.4%
2002 1.79 million 1000 USD +2.8%
2003 1.82 million 1000 USD +1.5%
2004 1.82 million 1000 USD +0.5%
2005 1.90 million 1000 USD +4.1%
2006 2.01 million 1000 USD +5.7%
2007 2.22 million 1000 USD +10.5%
2008 2.23 million 1000 USD +0.5%
2009 2.12 million 1000 USD -4.9%
2010 2.08 million 1000 USD -1.6%
2011 2.15 million 1000 USD +3.2%
2012 2.27 million 1000 USD +5.5%
2013 2.36 million 1000 USD +4.2%
2014 2.47 million 1000 USD +4.5%
2015 2.51 million 1000 USD +1.4%
2016 2.60 million 1000 USD +3.7%
2017 2.64 million 1000 USD +1.7%
2018 2.81 million 1000 USD +6.5%
2019 2.86 million 1000 USD +1.5%
2020 2.76 million 1000 USD -3.4%
2021 2.91 million 1000 USD +5.4%
2022 2.69 million 1000 USD -7.3%
2023 2.73 million 1000 USD +1.3%
2024 2.80 million 1000 USD +2.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 618,515 1000 USD 525,333 1000 USD 773,394 1000 USD 9
1970s 817,907 1000 USD 695,024 1000 USD 913,266 1000 USD 10
1980s 1.02 million 1000 USD 903,002 1000 USD 1.11 million 1000 USD 10
1990s 1.36 million 1000 USD 1.11 million 1000 USD 1.62 million 1000 USD 10
2000s 1.92 million 1000 USD 1.59 million 1000 USD 2.23 million 1000 USD 10
2010s 2.48 million 1000 USD 2.08 million 1000 USD 2.86 million 1000 USD 10
2020s 2.78 million 1000 USD 2.69 million 1000 USD 2.91 million 1000 USD 5

Countries ranked near Panama

  1. 90 Finland 3.08 million 1000 USD compare
  2. 91 Lebanon 3.03 million 1000 USD compare
  3. 92 Madagascar 2.93 million 1000 USD compare
  4. 94 Nicaragua 2.68 million 1000 USD compare
  5. 95 Guinea 2.68 million 1000 USD compare
  6. 96 Burundi 2.63 million 1000 USD compare

See the full ranking of 193 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is agriculture — gross production value in Panama?
Agriculture — gross production value in Panama was 2.80 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture — gross production value recorded in Panama?
The highest recorded value was 2.91 million 1000 USD in 2021.
What is the lowest agriculture — gross production value recorded in Panama?
The lowest recorded value was 525,333 1000 USD in 1961.
How does Panama rank for agriculture — gross production value?
Panama ranks 93rd out of 149 countries with data for 2024.
Is agriculture — gross production value 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, published as part of Agriculture — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Agriculture — Gross Production Value in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 August 2026, from https://agriculture.statizoid.com/stat/agriculture-gross-production-value-constant-2014-2016-thousand-us/panama/

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About this data

Indicator
Agriculture — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
193 places, 11,274 data points, 1961–2024
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.