Bananas — Gross Production Value in Panama
Panama: Bananas — Gross Production Value was 89,556 1000 SLC in 2024. ◆ Volatile
Bananas — Gross Production Value in Panama, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 SLC.
Analysis
The most recent figure for bananas — gross production value in Panama is 89,556 1000 SLC, measured in 2024.
That represents a change of up 34.8% on the previous year and up 106.8% over ten years.
Over the whole period, bananas — gross production value in Panama peaked at 135,864 1000 SLC in 2019 and was at its lowest, 17,569 1000 SLC, in 2005.
Panama ranks 57th of 82 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.
Bananas — Gross Production Value in Panama, year by year
| Year | 1000 SLC | Change |
|---|---|---|
| 1991 | 59,526 1000 SLC | — |
| 1992 | 62,595 1000 SLC | +5.2% |
| 1993 | 56,736 1000 SLC | -9.4% |
| 1994 | 66,545 1000 SLC | +17.3% |
| 1995 | 51,852 1000 SLC | -22.1% |
| 1996 | 61,193 1000 SLC | +18.0% |
| 1997 | 58,334 1000 SLC | -4.7% |
| 1998 | 44,945 1000 SLC | -23.0% |
| 1999 | 62,077 1000 SLC | +38.1% |
| 2000 | 48,209 1000 SLC | -22.3% |
| 2001 | 38,348 1000 SLC | -20.5% |
| 2002 | 23,476 1000 SLC | -38.8% |
| 2003 | 29,521 1000 SLC | +25.7% |
| 2004 | 29,825 1000 SLC | +1.0% |
| 2005 | 17,569 1000 SLC | -41.1% |
| 2006 | 20,476 1000 SLC | +16.5% |
| 2007 | 18,536 1000 SLC | -9.5% |
| 2008 | 32,870 1000 SLC | +77.3% |
| 2009 | 18,270 1000 SLC | -44.4% |
| 2010 | 18,944 1000 SLC | +3.7% |
| 2011 | 37,131 1000 SLC | +96.0% |
| 2012 | 43,415 1000 SLC | +16.9% |
| 2013 | 35,547 1000 SLC | -18.1% |
| 2014 | 43,305 1000 SLC | +21.8% |
| 2015 | 45,715 1000 SLC | +5.6% |
| 2016 | 28,947 1000 SLC | -36.7% |
| 2017 | 41,876 1000 SLC | +44.7% |
| 2018 | 131,986 1000 SLC | +215.2% |
| 2019 | 135,864 1000 SLC | +2.9% |
| 2020 | 43,039 1000 SLC | -68.3% |
| 2021 | 37,514 1000 SLC | -12.8% |
| 2022 | 49,214 1000 SLC | +31.2% |
| 2023 | 66,432 1000 SLC | +35.0% |
| 2024 | 89,556 1000 SLC | +34.8% |
Panama compared with similar countries
- Panama's 89,556 1000 SLC is above the median for high income countries, which is 31,048 1000 SLC, 2.9× the median. (18 countries reporting)
- Panama's 89,556 1000 SLC is below the median for Latin America & Caribbean, which is 488,846 1000 SLC, 18% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 58,200 1000 SLC | 44,945 1000 SLC | 66,545 1000 SLC | 9 |
| 2000s | 27,710 1000 SLC | 17,569 1000 SLC | 48,209 1000 SLC | 10 |
| 2010s | 56,273 1000 SLC | 18,944 1000 SLC | 135,864 1000 SLC | 10 |
| 2020s | 57,151 1000 SLC | 37,514 1000 SLC | 89,556 1000 SLC | 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 89,556 1000 SLC 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 135,864 1000 SLC in 2019.
- What is the lowest bananas — gross production value recorded in Panama?
- The lowest recorded value was 17,569 1000 SLC in 2005.
- How does Panama rank for bananas — gross production value?
- Panama ranks 57th out of 82 countries with data for 2024.
- Is bananas — gross production value rising or falling in Panama?
- Over the last ten years it is up 106.8%. 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 Bananas — Gross Production Value (current thousand SLC). Statizoid updates them automatically from the source API.
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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.