Bananas — Gross Production Value in Panama
Panama: Bananas — Gross Production Value was 47,266 1000 USD in 2024. ▼ Falling
Bananas — Gross Production Value in Panama, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, bananas — gross production value in Panama stood at 47,266 1000 USD.
That represents a change of up 5.0% on the previous year and up 21.6% over ten years.
Over the whole period, bananas — gross production value in Panama peaked at 152,837 1000 USD in 1989 and was at its lowest, 37,499 1000 USD, in 2012.
Panama ranks 42nd of 81 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Bananas — Gross Production Value in Panama, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 66,262 1000 USD | — |
| 1962 | 67,176 1000 USD | +1.4% |
| 1963 | 68,420 1000 USD | +1.9% |
| 1964 | 69,334 1000 USD | +1.3% |
| 1965 | 70,578 1000 USD | +1.8% |
| 1966 | 71,492 1000 USD | +1.3% |
| 1967 | 72,150 1000 USD | +0.9% |
| 1968 | 115,699 1000 USD | +60.4% |
| 1969 | 124,257 1000 USD | +7.4% |
| 1970 | 120,551 1000 USD | -3.0% |
| 1971 | 123,465 1000 USD | +2.4% |
| 1972 | 120,502 1000 USD | -2.4% |
| 1973 | 117,491 1000 USD | -2.5% |
| 1974 | 119,077 1000 USD | +1.3% |
| 1975 | 120,625 1000 USD | +1.3% |
| 1976 | 121,843 1000 USD | +1.0% |
| 1977 | 125,295 1000 USD | +2.8% |
| 1978 | 128,804 1000 USD | +2.8% |
| 1979 | 129,653 1000 USD | +0.7% |
| 1980 | 126,131 1000 USD | -2.7% |
| 1981 | 127,429 1000 USD | +1.0% |
| 1982 | 126,117 1000 USD | -1.0% |
| 1983 | 127,416 1000 USD | +1.0% |
| 1984 | 128,728 1000 USD | +1.0% |
| 1985 | 130,054 1000 USD | +1.0% |
| 1986 | 110,546 1000 USD | -15.0% |
| 1987 | 152,553 1000 USD | +38.0% |
| 1988 | 150,875 1000 USD | -1.1% |
| 1989 | 152,837 1000 USD | +1.3% |
| 1990 | 143,551 1000 USD | -6.1% |
| 1991 | 103,674 1000 USD | -27.8% |
| 1992 | 107,484 1000 USD | +3.7% |
| 1993 | 101,722 1000 USD | -5.4% |
| 1994 | 109,635 1000 USD | +7.8% |
| 1995 | 105,359 1000 USD | -3.9% |
| 1996 | 102,199 1000 USD | -3.0% |
| 1997 | 92,361 1000 USD | -9.6% |
| 1998 | 70,251 1000 USD | -23.9% |
| 1999 | 94,603 1000 USD | +34.7% |
| 2000 | 80,514 1000 USD | -14.9% |
| 2001 | 64,934 1000 USD | -19.4% |
| 2002 | 63,603 1000 USD | -2.0% |
| 2003 | 62,053 1000 USD | -2.4% |
| 2004 | 60,602 1000 USD | -2.3% |
| 2005 | 53,549 1000 USD | -11.6% |
| 2006 | 65,695 1000 USD | +22.7% |
| 2007 | 66,464 1000 USD | +1.2% |
| 2008 | 55,658 1000 USD | -16.3% |
| 2009 | 39,079 1000 USD | -29.8% |
| 2010 | 41,242 1000 USD | +5.5% |
| 2011 | 40,034 1000 USD | -2.9% |
| 2012 | 37,499 1000 USD | -6.3% |
| 2013 | 38,305 1000 USD | +2.1% |
| 2014 | 38,886 1000 USD | +1.5% |
| 2015 | 40,705 1000 USD | +4.7% |
| 2016 | 37,923 1000 USD | -6.8% |
| 2017 | 43,759 1000 USD | +15.4% |
| 2018 | 45,294 1000 USD | +3.5% |
| 2019 | 44,500 1000 USD | -1.8% |
| 2020 | 51,648 1000 USD | +16.1% |
| 2021 | 51,136 1000 USD | -1.0% |
| 2022 | 48,000 1000 USD | -6.1% |
| 2023 | 44,995 1000 USD | -6.3% |
| 2024 | 47,266 1000 USD | +5.0% |
Panama compared with similar countries
- Panama's 47,266 1000 USD is above the median for high income countries, which is 7,377 1000 USD, 6.4× the median. (18 countries reporting)
- Panama's 47,266 1000 USD is above the median for Latin America & Caribbean, which is 39,576 1000 USD, 1.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Bananas — Gross Production Value in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +60.4% | 72,150 1000 USD | 115,699 1000 USD |
| 1987 | +38.0% | 110,546 1000 USD | 152,553 1000 USD |
| 1999 | +34.7% | 70,251 1000 USD | 94,603 1000 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 80,596 1000 USD | 66,262 1000 USD | 124,257 1000 USD | 9 |
| 1970s | 122,731 1000 USD | 117,491 1000 USD | 129,653 1000 USD | 10 |
| 1980s | 133,269 1000 USD | 110,546 1000 USD | 152,837 1000 USD | 10 |
| 1990s | 103,084 1000 USD | 70,251 1000 USD | 143,551 1000 USD | 10 |
| 2000s | 61,215 1000 USD | 39,079 1000 USD | 80,514 1000 USD | 10 |
| 2010s | 40,815 1000 USD | 37,499 1000 USD | 45,294 1000 USD | 10 |
| 2020s | 48,609 1000 USD | 44,995 1000 USD | 51,648 1000 USD | 5 |
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 bananas — gross production value in Panama?
- Bananas — gross production value in Panama was 47,266 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest bananas — gross production value recorded in Panama?
- The highest recorded value was 152,837 1000 USD in 1989.
- What is the lowest bananas — gross production value recorded in Panama?
- The lowest recorded value was 37,499 1000 USD in 2012.
- How does Panama rank for bananas — gross production value?
- Panama ranks 42nd out of 81 countries with data for 2024.
- Is bananas — gross production value rising or falling in Panama?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Bananas — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.