Cocoa beans — Gross Production Value in Panama
Panama: Cocoa beans — Gross Production Value was 428 1000 Int$ in 2024. ▼ Falling
Cocoa beans — Gross Production Value in Panama, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 Int$.
Analysis
In 2024, cocoa beans — gross production value in Panama stood at 428 1000 Int$.
That represents a change of down 48.2% on the previous year and down 54.6% over ten years.
Over the whole period, cocoa beans — gross production value in Panama peaked at 2,924 1000 Int$ in 1984 and was at its lowest, 252 1000 Int$, in 1988.
Panama ranks 38th of 54 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Cocoa beans — Gross Production Value in Panama, year by year
| Year | 1000 Int$ | Change |
|---|---|---|
| 1961 | 1,913 1000 Int$ | — |
| 1962 | 1,766 1000 Int$ | -7.7% |
| 1963 | 1,472 1000 Int$ | -16.6% |
| 1964 | 1,324 1000 Int$ | -10.1% |
| 1965 | 1,030 1000 Int$ | -22.2% |
| 1966 | 736 1000 Int$ | -28.5% |
| 1967 | 736 1000 Int$ | +0.0% |
| 1968 | 736 1000 Int$ | +0.0% |
| 1969 | 883 1000 Int$ | +20.0% |
| 1970 | 954 1000 Int$ | +8.0% |
| 1971 | 780 1000 Int$ | -18.2% |
| 1972 | 742 1000 Int$ | -4.9% |
| 1973 | 736 1000 Int$ | -0.8% |
| 1974 | 736 1000 Int$ | +0.0% |
| 1975 | 1,192 1000 Int$ | +62.0% |
| 1976 | 1,361 1000 Int$ | +14.2% |
| 1977 | 1,130 1000 Int$ | -17.0% |
| 1978 | 1,754 1000 Int$ | +55.2% |
| 1979 | 2,134 1000 Int$ | +21.7% |
| 1980 | 2,413 1000 Int$ | +13.1% |
| 1981 | 2,577 1000 Int$ | +6.8% |
| 1982 | 2,229 1000 Int$ | -13.5% |
| 1983 | 1,960 1000 Int$ | -12.1% |
| 1984 | 2,924 1000 Int$ | +49.2% |
| 1985 | 2,069 1000 Int$ | -29.2% |
| 1986 | 2,496 1000 Int$ | +20.6% |
| 1987 | 2,282 1000 Int$ | -8.6% |
| 1988 | 252 1000 Int$ | -89.0% |
| 1989 | 955 1000 Int$ | +279.0% |
| 1990 | 926 1000 Int$ | -3.0% |
| 1991 | 936 1000 Int$ | +1.1% |
| 1992 | 871 1000 Int$ | -6.9% |
| 1993 | 811 1000 Int$ | -6.9% |
| 1994 | 1,343 1000 Int$ | +65.6% |
| 1995 | 1,251 1000 Int$ | -6.9% |
| 1996 | 1,164 1000 Int$ | -7.0% |
| 1997 | 1,083 1000 Int$ | -7.0% |
| 1998 | 1,008 1000 Int$ | -6.9% |
| 1999 | 939 1000 Int$ | -6.8% |
| 2000 | 873 1000 Int$ | -7.0% |
| 2001 | 443 1000 Int$ | -49.3% |
| 2002 | 521 1000 Int$ | +17.6% |
| 2003 | 614 1000 Int$ | +17.9% |
| 2004 | 634 1000 Int$ | +3.3% |
| 2005 | 686 1000 Int$ | +8.2% |
| 2006 | 961 1000 Int$ | +40.1% |
| 2007 | 1,009 1000 Int$ | +5.0% |
| 2008 | 1,040 1000 Int$ | +3.1% |
| 2009 | 826 1000 Int$ | -20.6% |
| 2010 | 899 1000 Int$ | +8.8% |
| 2011 | 1,046 1000 Int$ | +16.4% |
| 2012 | 1,102 1000 Int$ | +5.4% |
| 2013 | 923 1000 Int$ | -16.2% |
| 2014 | 943 1000 Int$ | +2.2% |
| 2015 | 842 1000 Int$ | -10.7% |
| 2016 | 983 1000 Int$ | +16.7% |
| 2017 | 971 1000 Int$ | -1.2% |
| 2018 | 834 1000 Int$ | -14.1% |
| 2019 | 1,102 1000 Int$ | +32.1% |
| 2020 | 990 1000 Int$ | -10.2% |
| 2021 | 1,176 1000 Int$ | +18.8% |
| 2022 | 995 1000 Int$ | -15.4% |
| 2023 | 827 1000 Int$ | -16.9% |
| 2024 | 428 1000 Int$ | -48.2% |
Panama compared with similar countries
- Panama's 428 1000 Int$ is below the median for Latin America & Caribbean, which is 1,472 1000 Int$, 29% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Cocoa beans — Gross Production Value in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +279.0% | 252 1000 Int$ | 955 1000 Int$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1,177 1000 Int$ | 736 1000 Int$ | 1,913 1000 Int$ | 9 |
| 1970s | 1,152 1000 Int$ | 736 1000 Int$ | 2,134 1000 Int$ | 10 |
| 1980s | 2,016 1000 Int$ | 252 1000 Int$ | 2,924 1000 Int$ | 10 |
| 1990s | 1,033 1000 Int$ | 811 1000 Int$ | 1,343 1000 Int$ | 10 |
| 2000s | 760.7 1000 Int$ | 443 1000 Int$ | 1,040 1000 Int$ | 10 |
| 2010s | 964.5 1000 Int$ | 834 1000 Int$ | 1,102 1000 Int$ | 10 |
| 2020s | 883.2 1000 Int$ | 428 1000 Int$ | 1,176 1000 Int$ | 5 |
Countries ranked near Panama
- 35 Angola 684 1000 Int$ compare
- 36 Malaysia 655 1000 Int$ compare
- 37 El Salvador 545 1000 Int$ compare
- 39 Saint Vincent and the Grenadines 340 1000 Int$ compare
- 39 Trinidad and Tobago 340 1000 Int$ compare
- 41 Belize 331 1000 Int$ 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 cocoa beans — gross production value in Panama?
- Cocoa beans — gross production value in Panama was 428 1000 Int$ in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest cocoa beans — gross production value recorded in Panama?
- The highest recorded value was 2,924 1000 Int$ in 1984.
- What is the lowest cocoa beans — gross production value recorded in Panama?
- The lowest recorded value was 252 1000 Int$ in 1988.
- How does Panama rank for cocoa beans — gross production value?
- Panama ranks 38th out of 54 countries with data for 2024.
- Is cocoa beans — gross production value rising or falling in Panama?
- Over the last ten years it is down 54.6%. 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 Cocoa beans — Gross Production Value (constant 2014-2016 thousand I$). 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.