Cocoa beans — Gross Production Value in Panama
Panama: Cocoa beans — Gross Production Value was 1,093 1000 USD in 2024. ▼ Falling
Cocoa beans — Gross Production Value in Panama, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, cocoa beans — gross production value in Panama stood at 1,093 1000 USD.
Compared with earlier readings it is 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 7,460 1000 USD in 1984 and was at its lowest, 642 1000 USD, in 1988.
Panama ranks 23rd of 34 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 USD | Change |
|---|---|---|
| 1961 | 4,881 1000 USD | — |
| 1962 | 4,505 1000 USD | -7.7% |
| 1963 | 3,755 1000 USD | -16.6% |
| 1964 | 3,379 1000 USD | -10.0% |
| 1965 | 2,628 1000 USD | -22.2% |
| 1966 | 1,877 1000 USD | -28.6% |
| 1967 | 1,877 1000 USD | +0.0% |
| 1968 | 1,877 1000 USD | +0.0% |
| 1969 | 2,253 1000 USD | +20.0% |
| 1970 | 2,433 1000 USD | +8.0% |
| 1971 | 1,990 1000 USD | -18.2% |
| 1972 | 1,892 1000 USD | -4.9% |
| 1973 | 1,877 1000 USD | -0.8% |
| 1974 | 1,877 1000 USD | +0.0% |
| 1975 | 3,041 1000 USD | +62.0% |
| 1976 | 3,473 1000 USD | +14.2% |
| 1977 | 2,884 1000 USD | -17.0% |
| 1978 | 4,475 1000 USD | +55.2% |
| 1979 | 5,444 1000 USD | +21.7% |
| 1980 | 6,157 1000 USD | +13.1% |
| 1981 | 6,574 1000 USD | +6.8% |
| 1982 | 5,688 1000 USD | -13.5% |
| 1983 | 5,001 1000 USD | -12.1% |
| 1984 | 7,460 1000 USD | +49.2% |
| 1985 | 5,279 1000 USD | -29.2% |
| 1986 | 6,368 1000 USD | +20.6% |
| 1987 | 5,823 1000 USD | -8.6% |
| 1988 | 642 1000 USD | -89.0% |
| 1989 | 2,437 1000 USD | +279.6% |
| 1990 | 2,362 1000 USD | -3.1% |
| 1991 | 2,388 1000 USD | +1.1% |
| 1992 | 2,223 1000 USD | -6.9% |
| 1993 | 2,069 1000 USD | -6.9% |
| 1994 | 3,428 1000 USD | +65.7% |
| 1995 | 3,191 1000 USD | -6.9% |
| 1996 | 2,970 1000 USD | -6.9% |
| 1997 | 2,763 1000 USD | -7.0% |
| 1998 | 2,572 1000 USD | -6.9% |
| 1999 | 2,395 1000 USD | -6.9% |
| 2000 | 2,226 1000 USD | -7.1% |
| 2001 | 1,130 1000 USD | -49.2% |
| 2002 | 1,329 1000 USD | +17.6% |
| 2003 | 1,566 1000 USD | +17.8% |
| 2004 | 1,618 1000 USD | +3.3% |
| 2005 | 1,750 1000 USD | +8.2% |
| 2006 | 2,452 1000 USD | +40.1% |
| 2007 | 2,576 1000 USD | +5.1% |
| 2008 | 2,654 1000 USD | +3.0% |
| 2009 | 2,106 1000 USD | -20.6% |
| 2010 | 2,294 1000 USD | +8.9% |
| 2011 | 2,669 1000 USD | +16.3% |
| 2012 | 2,812 1000 USD | +5.4% |
| 2013 | 2,354 1000 USD | -16.3% |
| 2014 | 2,407 1000 USD | +2.3% |
| 2015 | 2,148 1000 USD | -10.8% |
| 2016 | 2,508 1000 USD | +16.8% |
| 2017 | 2,478 1000 USD | -1.2% |
| 2018 | 2,129 1000 USD | -14.1% |
| 2019 | 2,812 1000 USD | +32.1% |
| 2020 | 2,527 1000 USD | -10.1% |
| 2021 | 3,000 1000 USD | +18.7% |
| 2022 | 2,538 1000 USD | -15.4% |
| 2023 | 2,110 1000 USD | -16.9% |
| 2024 | 1,093 1000 USD | -48.2% |
Panama compared with similar countries
- Panama's 1,093 1000 USD is below the median for Latin America & Caribbean, which is 1,149 1000 USD, 95% of the median. (18 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 | +279.6% | 642 1000 USD | 2,437 1000 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3,004 1000 USD | 1,877 1000 USD | 4,881 1000 USD | 9 |
| 1970s | 2,939 1000 USD | 1,877 1000 USD | 5,444 1000 USD | 10 |
| 1980s | 5,143 1000 USD | 642 1000 USD | 7,460 1000 USD | 10 |
| 1990s | 2,636 1000 USD | 2,069 1000 USD | 3,428 1000 USD | 10 |
| 2000s | 1,941 1000 USD | 1,130 1000 USD | 2,654 1000 USD | 10 |
| 2010s | 2,461 1000 USD | 2,129 1000 USD | 2,812 1000 USD | 10 |
| 2020s | 2,254 1000 USD | 1,093 1000 USD | 3,000 1000 USD | 5 |
Countries ranked near Panama
- 20 Sri Lanka 2,327 1000 USD compare
- 21 Equatorial Guinea 2,181 1000 USD compare
- 22 El Salvador 1,205 1000 USD compare
- 24 Malaysia 991 1000 USD compare
- 25 Trinidad and Tobago 990 1000 USD compare
- 26 Costa Rica 606 1000 USD 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 1,093 1000 USD 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 7,460 1000 USD in 1984.
- What is the lowest cocoa beans — gross production value recorded in Panama?
- The lowest recorded value was 642 1000 USD in 1988.
- How does Panama rank for cocoa beans — gross production value?
- Panama ranks 23rd out of 34 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 US$). Statizoid updates them automatically from the source API.
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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.