Expenditure in Agricultural R&D as Share of Agricultural Value Added in Panama

Panama: Expenditure in Agricultural R&D as Share of Agricultural Value Added was 1.15 % in 2023. ▲ Rising

Latest (2023)
1.15 %
Change on year
up 16.2%
World rank
20th
of 82 countries
All-time high
1.31 %
in 2017
All-time low
0.69 %
in 2004
Years of data
20
2004–2023

Expenditure in Agricultural R&D as Share of Agricultural Value Added in Panama, 2004–2023

00.511.52004201320232004: 0.69 %2005: 0.77 %2006: 0.77 %2007: 0.97 %2008: 0.98 %2009: 1.2 %2010: 1.1 %2011: 1.2 %2012: 1 %2013: 1 %2014: 0.99 %2015: 0.97 %2016: 1 %2017: 1.3 %2018: 1.1 %2019: 1.1 %2020: 0.93 %2021: 0.88 %2022: 0.99 %2023: 1.1 %

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

Analysis

Panama recorded 1.15 % for expenditure in agricultural r&d as share of agricultural value added in 2023.

The figure is up 16.2% on the previous year and up 15.0% over ten years.

Over the whole period, expenditure in agricultural r&d as share of agricultural value added in Panama peaked at 1.31 % in 2017 and was at its lowest, 0.69 %, in 2004.

Panama ranks 20th of 82 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Expenditure in Agricultural R&D as Share of Agricultural Value Added in Panama, year by year

Annual values for Expenditure in Agricultural R&D as Share of Agricultural Value Added (Standard Local Currency) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology) in Panama, 2004 to 2023.
Year % Change
2004 0.69 %
2005 0.77 % +11.6%
2006 0.77 % +0.0%
2007 0.97 % +26.0%
2008 0.98 % +1.0%
2009 1.16 % +18.4%
2010 1.11 % -4.3%
2011 1.22 % +9.9%
2012 1.04 % -14.8%
2013 1 % -3.8%
2014 0.99 % -1.0%
2015 0.97 % -2.0%
2016 1.01 % +4.1%
2017 1.31 % +29.7%
2018 1.12 % -14.5%
2019 1.05 % -6.3%
2020 0.93 % -11.4%
2021 0.88 % -5.4%
2022 0.99 % +12.5%
2023 1.15 % +16.2%

Panama compared with similar countries

  • Panama's 1.15 % is below the median for high income countries, which is 1.75 %, 66% of the median. (14 countries reporting)
  • Panama's 1.15 % is above the median for Latin America & Caribbean, which is 0.86 %, 1.3× the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.89 % 0.69 % 1.16 % 6
2010s 1.08 % 0.97 % 1.31 % 10
2020s 0.9875 % 0.88 % 1.15 % 4

Countries ranked near Panama

  1. 17 Barbados 1.32 % compare
  2. 18 Greece 1.29 % compare
  3. 19 Eswatini 1.21 % compare
  4. 21 Mexico 1.12 % compare
  5. 22 Argentina 1.1 % compare
  6. 23 Brazil 1.07 % compare

See the full ranking of 91 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is expenditure in agricultural r&d as share of agricultural value added in Panama?
Expenditure in agricultural r&d as share of agricultural value added in Panama was 1.15 % in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest expenditure in agricultural r&d as share of agricultural value added recorded in Panama?
The highest recorded value was 1.31 % in 2017.
What is the lowest expenditure in agricultural r&d as share of agricultural value added recorded in Panama?
The lowest recorded value was 0.69 % in 2004.
How does Panama rank for expenditure in agricultural r&d as share of agricultural value added?
Panama ranks 20th out of 82 countries with data for 2023.
Is expenditure in agricultural r&d as share of agricultural value added rising or falling in Panama?
Over the last ten years it is up 15.0%. 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 Expenditure in Agricultural R&D as Share of Agricultural Value Added (Standard Local Currency) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.

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Expenditure in Agricultural R&D as Share of Agricultural Value Added in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 14 September 2026, from https://agriculture.statizoid.com/stat/expenditure-in-agricultural-r-and-d-as-share-of-agricultural-value-added-standard-local/panama/

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About this data

Indicator
Expenditure in Agricultural R&D as Share of Agricultural Value Added (Standard Local Currency) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology)
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
91 places, 1,231 data points, 2004–2023
Last refreshed

The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.