Crops — Gross Production Value in Panama

Panama: Crops — Gross Production Value was 918,069 1000 USD in 2024. ▲ Rising

Latest (2024)
918,069 1000 USD
Change on year
up 0.6%
World rank
106th
of 149 countries
All-time high
1.00 million 1000 USD
in 2021
All-time low
375,868 1000 USD
in 1961
Years of data
64
1961–2024

Crops — Gross Production Value in Panama, 1961–2024

0250.0k500.0k750.0k1.0M196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

Panama recorded 918,069 1000 USD for crops — gross production value in 2024.

That represents a change of up 0.6% on the previous year and up 24.4% over ten years.

Over the whole period, crops — gross production value in Panama peaked at 1.00 million 1000 USD in 2021 and was at its lowest, 375,868 1000 USD, in 1961.

That places Panama 106th out of 149 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 64 years of available data.

Crops — Gross Production Value in Panama, year by year

Annual values for Crops — Gross Production Value (constant 2014-2016 thousand US$) in Panama, 1961 to 2024.
Year 1000 USD Change
1961 375,868 1000 USD —
1962 378,796 1000 USD +0.8%
1963 392,377 1000 USD +3.6%
1964 404,510 1000 USD +3.1%
1965 424,787 1000 USD +5.0%
1966 421,168 1000 USD -0.9%
1967 454,255 1000 USD +7.9%
1968 530,614 1000 USD +16.8%
1969 546,943 1000 USD +3.1%
1970 468,665 1000 USD -14.3%
1971 504,058 1000 USD +7.6%
1972 486,391 1000 USD -3.5%
1973 517,526 1000 USD +6.4%
1974 541,692 1000 USD +4.7%
1975 551,600 1000 USD +1.8%
1976 524,243 1000 USD -5.0%
1977 574,925 1000 USD +9.7%
1978 574,578 1000 USD -0.1%
1979 590,344 1000 USD +2.7%
1980 538,197 1000 USD -8.8%
1981 564,378 1000 USD +4.9%
1982 553,237 1000 USD -2.0%
1983 568,857 1000 USD +2.8%
1984 569,976 1000 USD +0.2%
1985 591,360 1000 USD +3.8%
1986 570,464 1000 USD -3.5%
1987 614,684 1000 USD +7.8%
1988 594,808 1000 USD -3.2%
1989 622,255 1000 USD +4.6%
1990 615,546 1000 USD -1.1%
1991 607,456 1000 USD -1.3%
1992 626,630 1000 USD +3.2%
1993 630,487 1000 USD +0.6%
1994 665,468 1000 USD +5.5%
1995 657,498 1000 USD -1.2%
1996 654,451 1000 USD -0.5%
1997 583,093 1000 USD -10.9%
1998 654,157 1000 USD +12.2%
1999 631,268 1000 USD -3.5%
2000 637,025 1000 USD +0.9%
2001 714,706 1000 USD +12.2%
2002 747,650 1000 USD +4.6%
2003 810,288 1000 USD +8.4%
2004 799,701 1000 USD -1.3%
2005 850,919 1000 USD +6.4%
2006 908,910 1000 USD +6.8%
2007 979,833 1000 USD +7.8%
2008 975,774 1000 USD -0.4%
2009 828,159 1000 USD -15.1%
2010 727,038 1000 USD -12.2%
2011 701,075 1000 USD -3.6%
2012 709,880 1000 USD +1.3%
2013 732,801 1000 USD +3.2%
2014 737,787 1000 USD +0.7%
2015 703,456 1000 USD -4.7%
2016 742,179 1000 USD +5.5%
2017 726,055 1000 USD -2.2%
2018 802,884 1000 USD +10.6%
2019 883,874 1000 USD +10.1%
2020 949,568 1000 USD +7.4%
2021 1.00 million 1000 USD +5.4%
2022 925,624 1000 USD -7.5%
2023 912,607 1000 USD -1.4%
2024 918,069 1000 USD +0.6%

Panama compared with similar countries

  • Panama's 918,069 1000 USD is below the median for high income countries, which is 1.59 million 1000 USD, 58% of the median. (51 countries reporting)
  • Panama's 918,069 1000 USD is below the median for Latin America & Caribbean, which is 1.23 million 1000 USD, 75% of the median. (27 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 436,591 1000 USD 375,868 1000 USD 546,943 1000 USD 9
1970s 533,402 1000 USD 468,665 1000 USD 590,344 1000 USD 10
1980s 578,822 1000 USD 538,197 1000 USD 622,255 1000 USD 10
1990s 632,605 1000 USD 583,093 1000 USD 665,468 1000 USD 10
2000s 825,296 1000 USD 637,025 1000 USD 979,833 1000 USD 10
2010s 746,703 1000 USD 701,075 1000 USD 883,874 1000 USD 10
2020s 941,310 1000 USD 912,607 1000 USD 1.00 million 1000 USD 5

Countries ranked near Panama

  1. 103 Croatia 974,301 1000 USD compare
  2. 104 Central African Republic 971,515 1000 USD compare
  3. 105 Norway 940,280 1000 USD compare
  4. 107 Ireland 869,074 1000 USD compare
  5. 108 North Macedonia 754,849 1000 USD compare
  6. 109 Latvia 716,762 1000 USD compare

See the full ranking of 193 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is crops — gross production value in Panama?
Crops — gross production value in Panama was 918,069 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest crops — gross production value recorded in Panama?
The highest recorded value was 1.00 million 1000 USD in 2021.
What is the lowest crops — gross production value recorded in Panama?
The lowest recorded value was 375,868 1000 USD in 1961.
How does Panama rank for crops — gross production value?
Panama ranks 106th out of 149 countries with data for 2024.
Is crops — gross production value rising or falling in Panama?
Over the last ten years it is up 24.4%. 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 Crops — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Crops — Gross Production Value in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/crops-gross-production-value-constant-2014-2016-thousand-us/panama/

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About this data

Indicator
Crops — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
193 places, 11,273 data points, 1961–2024
Last refreshed

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.