Food — Gross Production Value in Panama
Panama: Food — Gross Production Value was 2.76 million 1000 USD in 2024. ▲ Rising
Food — Gross Production Value in Panama, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, food — gross production value in Panama stood at 2.76 million 1000 USD. That is the highest value across all 34 years on record.
That represents a change of up 7.7% on the previous year and up 21.2% over ten years.
Over the whole period, food — gross production value in Panama peaked at 2.76 million 1000 USD in 2024 and was at its lowest, 687,804 1000 USD, in 1992.
Panama ranks 96th of 168 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Food — Gross Production Value in Panama, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1991 | 745,481 1000 USD | — |
| 1992 | 687,804 1000 USD | -7.7% |
| 1993 | 757,935 1000 USD | +10.2% |
| 1994 | 751,423 1000 USD | -0.9% |
| 1995 | 832,228 1000 USD | +10.8% |
| 1996 | 817,634 1000 USD | -1.8% |
| 1997 | 825,611 1000 USD | +1.0% |
| 1998 | 941,820 1000 USD | +14.1% |
| 1999 | 890,925 1000 USD | -5.4% |
| 2000 | 910,771 1000 USD | +2.2% |
| 2001 | 992,458 1000 USD | +9.0% |
| 2002 | 991,096 1000 USD | -0.1% |
| 2003 | 929,617 1000 USD | -6.2% |
| 2004 | 997,708 1000 USD | +7.3% |
| 2005 | 1.03 million 1000 USD | +3.2% |
| 2006 | 1.15 million 1000 USD | +11.6% |
| 2007 | 1.22 million 1000 USD | +6.1% |
| 2008 | 1.34 million 1000 USD | +10.1% |
| 2009 | 1.57 million 1000 USD | +16.7% |
| 2010 | 1.64 million 1000 USD | +4.8% |
| 2011 | 1.77 million 1000 USD | +7.8% |
| 2012 | 2.04 million 1000 USD | +15.2% |
| 2013 | 2.19 million 1000 USD | +7.5% |
| 2014 | 2.28 million 1000 USD | +4.0% |
| 2015 | 2.60 million 1000 USD | +13.9% |
| 2016 | 2.62 million 1000 USD | +0.7% |
| 2017 | 2.43 million 1000 USD | -7.3% |
| 2018 | 2.50 million 1000 USD | +2.9% |
| 2019 | 2.61 million 1000 USD | +4.6% |
| 2020 | 2.41 million 1000 USD | -7.9% |
| 2021 | 2.51 million 1000 USD | +4.4% |
| 2022 | 2.39 million 1000 USD | -4.9% |
| 2023 | 2.57 million 1000 USD | +7.5% |
| 2024 | 2.76 million 1000 USD | +7.7% |
Panama compared with similar countries
- Panama's 2.76 million 1000 USD is below the median for high income countries, which is 3.67 million 1000 USD, 75% of the median. (54 countries reporting)
- Panama's 2.76 million 1000 USD is above the median for Latin America & Caribbean, which is 2.48 million 1000 USD, 1.1× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 805,651 1000 USD | 687,804 1000 USD | 941,820 1000 USD | 9 |
| 2000s | 1.11 million 1000 USD | 910,771 1000 USD | 1.57 million 1000 USD | 10 |
| 2010s | 2.27 million 1000 USD | 1.64 million 1000 USD | 2.62 million 1000 USD | 10 |
| 2020s | 2.53 million 1000 USD | 2.39 million 1000 USD | 2.76 million 1000 USD | 5 |
Countries ranked near Panama
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 food — gross production value in Panama?
- Food — gross production value in Panama was 2.76 million 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest food — gross production value recorded in Panama?
- The highest recorded value was 2.76 million 1000 USD in 2024.
- What is the lowest food — gross production value recorded in Panama?
- The lowest recorded value was 687,804 1000 USD in 1992.
- How does Panama rank for food — gross production value?
- Panama ranks 96th out of 168 countries with data for 2024.
- Is food — gross production value rising or falling in Panama?
- Over the last ten years it is up 21.2%. 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 Food — 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.