Bananas — Revealed comparative advantage index in Panama
Panama: Bananas — Revealed comparative advantage index was 47.78 in 2024. ▲ Rising
Bananas — Revealed comparative advantage index in Panama, 2010–2024
Source: Food and Agriculture Organization of the United Nations.
Analysis
Panama recorded 47.78 for bananas — revealed comparative advantage index in 2024.
Compared with earlier readings it is down 6.9% on the previous year and up 24.2% over ten years.
Over the whole period, bananas — revealed comparative advantage index in Panama peaked at 57.53 in 2021 and was at its lowest, 14.88, in 2017.
That places Panama 2nd out of 128 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 12 years of available data.
Bananas — Revealed comparative advantage index in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 2010 | 31.41 | — |
| 2011 | 41.5 | +32.1% |
| 2012 | 39.42 | -5.0% |
| 2013 | 38.47 | -2.4% |
| 2017 | 14.88 | -61.3% |
| 2018 | 16.65 | +11.9% |
| 2019 | 18.36 | +10.3% |
| 2020 | 24.49 | +33.4% |
| 2021 | 57.53 | +134.9% |
| 2022 | 49.95 | -13.2% |
| 2023 | 51.33 | +2.8% |
| 2024 | 47.78 | -6.9% |
Panama compared with similar countries
- Panama's 47.78 is above the median for high income countries, which is 0.06, 796.3× the median. (47 countries reporting)
- Panama's 47.78 is above the median for Latin America & Caribbean, which is 1.38, 34.6× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 28.67 | 14.88 | 41.5 | 7 |
| 2020s | 46.22 | 24.49 | 57.53 | 5 |
Countries ranked near Panama
- 1 Côte d'Ivoire 2.61 compare
- 1 Ecuador 49.71 compare
- 1 Lao People's Democratic Republic 9.8 compare
- 2 Bolivia (Plurinational State of) 2.3 compare
- 3 Belize 28.07 compare
- 3 Viet Nam 1.64 compare
- 4 Costa Rica 26.24 compare
- 4 United Republic of Tanzania 0.07 compare
- 5 Philippines 24.76 compare
- 5 Republic of Moldova 0 compare
- 5 Türkiye 0 compare
- 5 Venezuela (Bolivarian Republic of) 0 compare
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 — revealed comparative advantage index in Panama?
- Bananas — revealed comparative advantage index in Panama was 47.78 in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest bananas — revealed comparative advantage index recorded in Panama?
- The highest recorded value was 57.53 in 2021.
- What is the lowest bananas — revealed comparative advantage index recorded in Panama?
- The lowest recorded value was 14.88 in 2017.
- How does Panama rank for bananas — revealed comparative advantage index?
- Panama ranks 2nd out of 128 countries with data for 2024.
- Is bananas — revealed comparative advantage index rising or falling in Panama?
- Over the last ten years it is up 24.2%. 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 Bananas — Revealed comparative advantage index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 12 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK