Cocoa beans — Gross Production Value in Panama
Panama: Cocoa beans — Gross Production Value was 1,312 1000 USD in 2024. ▲ Rising
Cocoa beans — Gross Production Value in Panama, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
Panama recorded 1,312 1000 USD for cocoa beans — gross production value in 2024.
Compared with earlier readings it is down 48.8% on the previous year and down 45.3% over ten years.
Over the whole period, cocoa beans — gross production value in Panama peaked at 3,380 1000 USD in 2021 and was at its lowest, 774 1000 USD, in 2001.
That places Panama 22nd out of 34 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.
Cocoa beans — Gross Production Value in Panama, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 2,048 1000 USD | — |
| 1992 | 1,773 1000 USD | -13.4% |
| 1993 | 2,128 1000 USD | +20.0% |
| 1994 | 2,928 1000 USD | +37.6% |
| 1995 | 2,751 1000 USD | -6.0% |
| 1996 | 1,843 1000 USD | -33.0% |
| 1997 | 2,470 1000 USD | +34.0% |
| 1998 | 2,878 1000 USD | +16.5% |
| 1999 | 2,378 1000 USD | -17.4% |
| 2000 | 2,129 1000 USD | -10.5% |
| 2001 | 774 1000 USD | -63.6% |
| 2002 | 858 1000 USD | +10.9% |
| 2003 | 947 1000 USD | +10.4% |
| 2004 | 979 1000 USD | +3.4% |
| 2005 | 1,075 1000 USD | +9.8% |
| 2006 | 1,559 1000 USD | +45.0% |
| 2007 | 1,856 1000 USD | +19.1% |
| 2008 | 2,197 1000 USD | +18.4% |
| 2009 | 1,822 1000 USD | -17.1% |
| 2010 | 2,152 1000 USD | +18.1% |
| 2011 | 2,653 1000 USD | +23.3% |
| 2012 | 2,723 1000 USD | +2.6% |
| 2013 | 2,305 1000 USD | -15.4% |
| 2014 | 2,400 1000 USD | +4.1% |
| 2015 | 2,143 1000 USD | -10.7% |
| 2016 | 2,520 1000 USD | +17.6% |
| 2017 | 2,480 1000 USD | -1.6% |
| 2018 | 2,154 1000 USD | -13.1% |
| 2019 | 2,937 1000 USD | +36.4% |
| 2020 | 2,715 1000 USD | -7.6% |
| 2021 | 3,380 1000 USD | +24.5% |
| 2022 | 3,153 1000 USD | -6.7% |
| 2023 | 2,565 1000 USD | -18.6% |
| 2024 | 1,312 1000 USD | -48.8% |
Panama compared with similar countries
- Panama's 1,312 1000 USD is above the median for Latin America & Caribbean, which is 1,266 1000 USD, 1.0× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2,355 1000 USD | 1,773 1000 USD | 2,928 1000 USD | 9 |
| 2000s | 1,420 1000 USD | 774 1000 USD | 2,197 1000 USD | 10 |
| 2010s | 2,447 1000 USD | 2,143 1000 USD | 2,937 1000 USD | 10 |
| 2020s | 2,625 1000 USD | 1,312 1000 USD | 3,380 1000 USD | 5 |
Countries ranked near Panama
- 19 Malaysia 2,360 1000 USD compare
- 20 Sri Lanka 2,341 1000 USD compare
- 21 Honduras 2,296 1000 USD compare
- 23 Equatorial Guinea 1,254 1000 USD compare
- 24 El Salvador 1,219 1000 USD compare
- 25 Trinidad and Tobago 1,085 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 1,312 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 3,380 1000 USD in 2021.
- What is the lowest cocoa beans — gross production value recorded in Panama?
- The lowest recorded value was 774 1000 USD in 2001.
- How does Panama rank for cocoa beans — gross production value?
- Panama ranks 22nd 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 45.3%. 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 Cocoa beans — 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.