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

Panama: Agriculture, Recurrent (central government expenditure) — Value US$ was 70.1 million USD in 2023. ◆ Volatile

Latest (2023)
70.1 million USD
Change on year
down 0.2%
World rank
30th
of 61 countries
All-time high
270.59 million USD
in 2020
All-time low
45.5 million USD
in 2004
Years of data
23
2001–2023

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

501001502002502001201220232001: 84.8 million USD2002: 64.3 million USD2003: 53.3 million USD2004: 45.5 million USD2005: 46.4 million USD2006: 48.7 million USD2007: 62.5 million USD2008: 62.2 million USD2009: 52 million USD2010: 68.4 million USD2011: 61 million USD2012: 62 million USD2013: 59.5 million USD2014: 99.2 million USD2015: 124.7 million USD2016: 102.2 million USD2017: 108.7 million USD2018: 155.9 million USD2019: 183.3 million USD2020: 270.6 million USD2021: 71 million USD2022: 70.2 million USD2023: 70.1 million USD

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

Analysis

Panama recorded 70.1 million USD for agriculture, recurrent (central government expenditure) — value us$ in 2023.

Compared with earlier readings it is down 0.2% on the previous year and up 17.7% over ten years.

Over the whole period, agriculture, recurrent (central government expenditure) — value us$ in Panama peaked at 270.59 million USD in 2020 and was at its lowest, 45.5 million USD, in 2004.

That places Panama 30th out of 61 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, Recurrent (central government expenditure) — Value US$ in Panama, year by year

Annual values for Agriculture, Recurrent (central government expenditure) — Value US$, 2015 prices in Panama, 2001 to 2023.
Year million USD Change
2001 84.81 million USD
2002 64.3 million USD -24.2%
2003 53.27 million USD -17.2%
2004 45.5 million USD -14.6%
2005 46.37 million USD +1.9%
2006 48.66 million USD +4.9%
2007 62.45 million USD +28.3%
2008 62.23 million USD -0.4%
2009 51.95 million USD -16.5%
2010 68.37 million USD +31.6%
2011 61 million USD -10.8%
2012 61.96 million USD +1.6%
2013 59.54 million USD -3.9%
2014 99.21 million USD +66.6%
2015 124.67 million USD +25.7%
2016 102.15 million USD -18.1%
2017 108.7 million USD +6.4%
2018 155.86 million USD +43.4%
2019 183.26 million USD +17.6%
2020 270.59 million USD +47.7%
2021 70.97 million USD -73.8%
2022 70.23 million USD -1.0%
2023 70.1 million USD -0.2%

Averages by decade

DecadeAverage LowestHighest Years
2000s 57.73 million USD 45.5 million USD 84.81 million USD 9
2010s 102.47 million USD 59.54 million USD 183.26 million USD 10
2020s 120.47 million USD 70.1 million USD 270.59 million USD 4

Countries ranked near Panama

  1. 27 Armenia 80.45 million USD compare
  2. 28 Guyana 79.15 million USD compare
  3. 29 Trinidad and Tobago 75.74 million USD compare
  4. 31 Paraguay 64.19 million USD compare
  5. 32 Albania 57.16 million USD compare
  6. 33 Ecuador 46.4 million USD compare

See the full ranking of 65 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is agriculture, recurrent (central government expenditure) — value us$ in Panama?
Agriculture, recurrent (central government expenditure) — value us$ in Panama was 70.1 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest agriculture, recurrent (central government expenditure) — value us$ recorded in Panama?
The highest recorded value was 270.59 million USD in 2020.
What is the lowest agriculture, recurrent (central government expenditure) — value us$ recorded in Panama?
The lowest recorded value was 45.5 million USD in 2004.
How does Panama rank for agriculture, recurrent (central government expenditure) — value us$?
Panama ranks 30th out of 61 countries with data for 2023.
Is agriculture, recurrent (central government expenditure) — value us$ rising or falling in Panama?
Over the last ten years it is up 17.7%. 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, Recurrent (central government expenditure) — Value US$, 2015 prices. Statizoid updates them automatically from the source API.

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Agriculture, Recurrent (central government expenditure) — Value US$ in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 01 September 2026, from https://agriculture.statizoid.com/stat/agriculture-recurrent-central-government-expenditure-value-us-2015-prices/panama/

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About this data

Indicator
Agriculture, Recurrent (central government expenditure) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
65 places, 785 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.