ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Panama
Panama: ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) was 6,387 USD in 2024. ▲ Rising
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Panama, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, ilo - modelled estimates; faostat - value added (2015 us$) in Panama stood at 6,387 USD.
That represents a change of down 7.3% on the previous year and up 22.9% over ten years.
Over the whole period, ilo - modelled estimates; faostat - value added (2015 us$) in Panama peaked at 7,173 USD in 2022 and was at its lowest, 3,610 USD, in 1991.
That places Panama 88th out of 168 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) in Panama, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 3,610 USD | — |
| 1992 | 3,883 USD | +7.6% |
| 1993 | 4,002 USD | +3.1% |
| 1994 | 4,585 USD | +14.6% |
| 1995 | 4,369 USD | -4.7% |
| 1996 | 4,438 USD | +1.6% |
| 1997 | 4,848 USD | +9.2% |
| 1998 | 5,136 USD | +5.9% |
| 1999 | 5,150 USD | +0.3% |
| 2000 | 5,628 USD | +9.3% |
| 2001 | 5,486 USD | -2.5% |
| 2002 | 5,718 USD | +4.2% |
| 2003 | 6,041 USD | +5.6% |
| 2004 | 6,427 USD | +6.4% |
| 2005 | 6,550 USD | +1.9% |
| 2006 | 6,631 USD | +1.2% |
| 2007 | 6,977 USD | +5.2% |
| 2008 | 5,734 USD | -17.8% |
| 2009 | 5,045 USD | -12.0% |
| 2010 | 4,720 USD | -6.4% |
| 2011 | 4,975 USD | +5.4% |
| 2012 | 4,731 USD | -4.9% |
| 2013 | 4,926 USD | +4.1% |
| 2014 | 5,197 USD | +5.5% |
| 2015 | 5,492 USD | +5.7% |
| 2016 | 5,202 USD | -5.3% |
| 2017 | 5,554 USD | +6.7% |
| 2018 | 5,602 USD | +0.9% |
| 2019 | 5,711 USD | +2.0% |
| 2020 | 6,428 USD | +12.6% |
| 2021 | 6,865 USD | +6.8% |
| 2022 | 7,173 USD | +4.5% |
| 2023 | 6,888 USD | -4.0% |
| 2024 | 6,387 USD | -7.3% |
Panama compared with similar countries
- Panama's 6,387 USD is below the median for high income countries, which is 39,120 USD, 16% of the median. (52 countries reporting)
- Panama's 6,387 USD is below the median for Latin America & Caribbean, which is 6,666 USD, 96% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4,447 USD | 3,610 USD | 5,150 USD | 9 |
| 2000s | 6,024 USD | 5,045 USD | 6,977 USD | 10 |
| 2010s | 5,211 USD | 4,720 USD | 5,711 USD | 10 |
| 2020s | 6,748 USD | 6,387 USD | 7,173 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 ilo - modelled estimates; faostat - value added (2015 us$) in Panama?
- Ilo - modelled estimates; faostat - value added (2015 us$) in Panama was 6,387 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Panama?
- The highest recorded value was 7,173 USD in 2022.
- What is the lowest ilo - modelled estimates; faostat - value added (2015 us$) recorded in Panama?
- The lowest recorded value was 3,610 USD in 1991.
- How does Panama rank for ilo - modelled estimates; faostat - value added (2015 us$)?
- Panama ranks 88th out of 168 countries with data for 2024.
- Is ilo - modelled estimates; faostat - value added (2015 us$) rising or falling in Panama?
- Over the last ten years it is up 22.9%. 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 ILO - Modelled Estimates; FAOSTAT - Value added (2015 US$) — Agriculture value added per worker (constant 2015 US$) — Value. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Employment indicators domain focuses on indicators related to employment in agrifood systems and rural areas. The update is performed yearly, using data from the International Labour Organization (ILO) database that contains a rich set of indicators from a wide range of topics related to labour statistics. The indicators published in FAOSTAT are derived from the labour force statistics (LFS) and rural and urban labour markets (RURURB) databases of the ILOSTAT database. In addition, the ILO modelled estimates and projections (ILOEST) are used to provide information on employment in agriculture. FAOSTAT also publishes indicators on employment in agrifood systems (AFS) from 2000 at the national, regional, and global levels, using a methodology developed by the FAO to estimate the number of people employed within these systems.