Maize (corn) — Gross Production Value in Panama

Panama: Maize (corn) — Gross Production Value was 50,421 1000 USD in 2024. ▲ Rising

Latest (2024)
50,421 1000 USD
Change on year
down 5.5%
World rank
79th
of 124 countries
All-time high
79,728 1000 USD
in 2014
All-time low
25,153 1000 USD
in 1972
Years of data
64
1961–2024

Maize (corn) — Gross Production Value in Panama, 1961–2024

20.0k40.0k60.0k80.0k196119922024

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

Analysis

Panama recorded 50,421 1000 USD for maize (corn) — gross production value in 2024.

Compared with earlier readings it is down 5.5% on the previous year and down 36.8% over ten years.

Over the whole period, maize (corn) — gross production value in Panama peaked at 79,728 1000 USD in 2014 and was at its lowest, 25,153 1000 USD, in 1972.

That places Panama 79th out of 124 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.

Maize (corn) — Gross Production Value in Panama, year by year

Annual values for Maize (corn) — Gross Production Value (constant 2014-2016 thousand US$) in Panama, 1961 to 2024.
Year 1000 USD Change
1961 41,960 1000 USD —
1962 40,772 1000 USD -2.8%
1963 43,020 1000 USD +5.5%
1964 46,452 1000 USD +8.0%
1965 47,854 1000 USD +3.0%
1966 47,852 1000 USD -0.0%
1967 50,412 1000 USD +5.3%
1968 47,494 1000 USD -5.8%
1969 49,630 1000 USD +4.5%
1970 31,999 1000 USD -35.5%
1971 30,671 1000 USD -4.2%
1972 25,153 1000 USD -18.0%
1973 31,078 1000 USD +23.6%
1974 33,669 1000 USD +8.3%
1975 36,986 1000 USD +9.9%
1976 36,282 1000 USD -1.9%
1977 45,202 1000 USD +24.6%
1978 36,576 1000 USD -19.1%
1979 36,419 1000 USD -0.4%
1980 31,206 1000 USD -14.3%
1981 32,312 1000 USD +3.5%
1982 35,109 1000 USD +8.7%
1983 41,963 1000 USD +19.5%
1984 40,036 1000 USD -4.6%
1985 54,495 1000 USD +36.1%
1986 52,469 1000 USD -3.7%
1987 55,706 1000 USD +6.2%
1988 52,444 1000 USD -5.9%
1989 51,186 1000 USD -2.4%
1990 56,311 1000 USD +10.0%
1991 58,088 1000 USD +3.2%
1992 59,725 1000 USD +2.8%
1993 59,339 1000 USD -0.6%
1994 60,062 1000 USD +1.2%
1995 61,263 1000 USD +2.0%
1996 59,656 1000 USD -2.6%
1997 36,460 1000 USD -38.9%
1998 50,226 1000 USD +37.8%
1999 45,524 1000 USD -9.4%
2000 47,985 1000 USD +5.4%
2001 43,782 1000 USD -8.8%
2002 45,120 1000 USD +3.1%
2003 52,686 1000 USD +16.8%
2004 51,626 1000 USD -2.0%
2005 46,154 1000 USD -10.6%
2006 50,396 1000 USD +9.2%
2007 45,714 1000 USD -9.3%
2008 43,506 1000 USD -4.8%
2009 48,655 1000 USD +11.8%
2010 37,842 1000 USD -22.2%
2011 59,794 1000 USD +58.0%
2012 66,694 1000 USD +11.5%
2013 74,672 1000 USD +12.0%
2014 79,728 1000 USD +6.8%
2015 58,181 1000 USD -27.0%
2016 72,484 1000 USD +24.6%
2017 65,877 1000 USD -9.1%
2018 72,904 1000 USD +10.7%
2019 69,799 1000 USD -4.3%
2020 75,499 1000 USD +8.2%
2021 76,809 1000 USD +1.7%
2022 55,225 1000 USD -28.1%
2023 53,371 1000 USD -3.4%
2024 50,421 1000 USD -5.5%

Panama compared with similar countries

  • Panama's 50,421 1000 USD is below the median for high income countries, which is 83,288 1000 USD, 61% of the median. (37 countries reporting)
  • Panama's 50,421 1000 USD is above the median for Latin America & Caribbean, which is 50,421 1000 USD, 1.0× the median. (25 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 46,161 1000 USD 40,772 1000 USD 50,412 1000 USD 9
1970s 34,404 1000 USD 25,153 1000 USD 45,202 1000 USD 10
1980s 44,693 1000 USD 31,206 1000 USD 55,706 1000 USD 10
1990s 54,665 1000 USD 36,460 1000 USD 61,263 1000 USD 10
2000s 47,562 1000 USD 43,506 1000 USD 52,686 1000 USD 10
2010s 65,798 1000 USD 37,842 1000 USD 79,728 1000 USD 10
2020s 62,265 1000 USD 50,421 1000 USD 76,809 1000 USD 5

Countries ranked near Panama

  1. 76 Republic of Korea 56,891 1000 USD compare
  2. 77 Georgia 53,221 1000 USD compare
  3. 78 Switzerland 50,737 1000 USD compare
  4. 80 Israel 48,339 1000 USD compare
  5. 81 Yemen 44,420 1000 USD compare
  6. 82 Madagascar 42,335 1000 USD compare

See the full ranking of 167 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is maize (corn) — gross production value in Panama?
Maize (corn) — gross production value in Panama was 50,421 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest maize (corn) — gross production value recorded in Panama?
The highest recorded value was 79,728 1000 USD in 2014.
What is the lowest maize (corn) — gross production value recorded in Panama?
The lowest recorded value was 25,153 1000 USD in 1972.
How does Panama rank for maize (corn) — gross production value?
Panama ranks 79th out of 124 countries with data for 2024.
Is maize (corn) — gross production value rising or falling in Panama?
Over the last ten years it is down 36.8%. 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 Maize (corn) — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Maize (corn) — 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/maize-corn-gross-production-value-constant-2014-2016-thousand-us/panama/

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About this data

Indicator
Maize (corn) — 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
167 places, 9,397 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.