Beans, dry — Gross Production Value in Panama
Panama: Beans, dry — Gross Production Value was 7,792 1000 USD in 2024. ▲ Rising
Beans, dry — Gross Production Value in Panama, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, beans, dry — gross production value in Panama stood at 7,792 1000 USD.
Compared with earlier readings it is down 5.3% on the previous year and up 23.0% over ten years.
Over the whole period, beans, dry — gross production value in Panama peaked at 9,378 1000 USD in 2021 and was at its lowest, 2,437 1000 USD, in 2006.
That places Panama 67th out of 98 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Beans, dry — Gross Production Value in Panama, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 3,280 1000 USD | — |
| 1992 | 3,716 1000 USD | +13.3% |
| 1993 | 4,096 1000 USD | +10.2% |
| 1994 | 4,576 1000 USD | +11.7% |
| 1995 | 4,441 1000 USD | -3.0% |
| 1996 | 3,622 1000 USD | -18.4% |
| 1997 | 3,813 1000 USD | +5.3% |
| 1998 | 2,622 1000 USD | -31.2% |
| 1999 | 3,343 1000 USD | +27.5% |
| 2000 | 2,913 1000 USD | -12.9% |
| 2001 | 2,902 1000 USD | -0.4% |
| 2002 | 2,515 1000 USD | -13.3% |
| 2003 | 3,386 1000 USD | +34.6% |
| 2004 | 3,101 1000 USD | -8.4% |
| 2005 | 3,644 1000 USD | +17.5% |
| 2006 | 2,437 1000 USD | -33.1% |
| 2007 | 2,961 1000 USD | +21.5% |
| 2008 | 2,984 1000 USD | +0.8% |
| 2009 | 3,653 1000 USD | +22.4% |
| 2010 | 3,479 1000 USD | -4.8% |
| 2011 | 6,681 1000 USD | +92.0% |
| 2012 | 7,935 1000 USD | +18.8% |
| 2013 | 7,766 1000 USD | -2.1% |
| 2014 | 6,334 1000 USD | -18.4% |
| 2015 | 8,040 1000 USD | +26.9% |
| 2016 | 5,416 1000 USD | -32.6% |
| 2017 | 9,080 1000 USD | +67.7% |
| 2018 | 8,216 1000 USD | -9.5% |
| 2019 | 8,368 1000 USD | +1.9% |
| 2020 | 8,840 1000 USD | +5.6% |
| 2021 | 9,378 1000 USD | +6.1% |
| 2022 | 9,343 1000 USD | -0.4% |
| 2023 | 8,232 1000 USD | -11.9% |
| 2024 | 7,792 1000 USD | -5.3% |
Panama compared with similar countries
- Panama's 7,792 1000 USD is above the median for high income countries, which is 5,583 1000 USD, 1.4× the median. (29 countries reporting)
- Panama's 7,792 1000 USD is below the median for Latin America & Caribbean, which is 25,772 1000 USD, 30% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3,723 1000 USD | 2,622 1000 USD | 4,576 1000 USD | 9 |
| 2000s | 3,050 1000 USD | 2,437 1000 USD | 3,653 1000 USD | 10 |
| 2010s | 7,132 1000 USD | 3,479 1000 USD | 9,080 1000 USD | 10 |
| 2020s | 8,717 1000 USD | 7,792 1000 USD | 9,378 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 beans, dry — gross production value in Panama?
- Beans, dry — gross production value in Panama was 7,792 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest beans, dry — gross production value recorded in Panama?
- The highest recorded value was 9,378 1000 USD in 2021.
- What is the lowest beans, dry — gross production value recorded in Panama?
- The lowest recorded value was 2,437 1000 USD in 2006.
- How does Panama rank for beans, dry — gross production value?
- Panama ranks 67th out of 98 countries with data for 2024.
- Is beans, dry — gross production value rising or falling in Panama?
- Over the last ten years it is up 23.0%. 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 Beans, dry — Gross Production Value (current thousand US$). 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.