Milk, Total — Gross Production Value in Panama
Panama: Milk, Total — Gross Production Value was 128,013 1000 USD in 2024. ▲ Rising
Latest (2024)
128,013 1000 USD
Change on year
down 8.6%
World rank
96th
of 136 countries
All-time high
163,685 1000 USD
in 2014
All-time low
36,699 1000 USD
in 1961
Years of data
64
1961–2024
Milk, Total — Gross Production Value in Panama, 1961–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
The most recent figure for milk, total — gross production value in Panama is 128,013 1000 USD, measured in 2024.
The figure is down 8.6% on the previous year and down 21.8% over ten years.
Over the whole period, milk, total — gross production value in Panama peaked at 163,685 1000 USD in 2014 and was at its lowest, 36,699 1000 USD, in 1961.
Panama ranks 96th of 136 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Milk, Total — Gross Production Value in Panama, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1961 | 36,699 1000 USD | — |
| 1962 | 40,103 1000 USD | +9.3% |
| 1963 | 42,881 1000 USD | +6.9% |
| 1964 | 45,359 1000 USD | +5.8% |
| 1965 | 47,688 1000 USD | +5.1% |
| 1966 | 53,800 1000 USD | +12.8% |
| 1967 | 55,311 1000 USD | +2.8% |
| 1968 | 54,446 1000 USD | -1.6% |
| 1969 | 60,148 1000 USD | +10.5% |
| 1970 | 55,836 1000 USD | -7.2% |
| 1971 | 58,010 1000 USD | +3.9% |
| 1972 | 54,835 1000 USD | -5.5% |
| 1973 | 49,965 1000 USD | -8.9% |
| 1974 | 48,533 1000 USD | -2.9% |
| 1975 | 55,316 1000 USD | +14.0% |
| 1976 | 57,281 1000 USD | +3.6% |
| 1977 | 65,302 1000 USD | +14.0% |
| 1978 | 70,989 1000 USD | +8.7% |
| 1979 | 71,061 1000 USD | +0.1% |
| 1980 | 71,707 1000 USD | +0.9% |
| 1981 | 70,427 1000 USD | -1.8% |
| 1982 | 70,569 1000 USD | +0.2% |
| 1983 | 66,782 1000 USD | -5.4% |
| 1984 | 72,963 1000 USD | +9.3% |
| 1985 | 74,285 1000 USD | +1.8% |
| 1986 | 87,432 1000 USD | +17.7% |
| 1987 | 89,004 1000 USD | +1.8% |
| 1988 | 83,864 1000 USD | -5.8% |
| 1989 | 89,772 1000 USD | +7.0% |
| 1990 | 94,261 1000 USD | +5.0% |
| 1991 | 102,407 1000 USD | +8.6% |
| 1992 | 99,959 1000 USD | -2.4% |
| 1993 | 114,775 1000 USD | +14.8% |
| 1994 | 113,719 1000 USD | -0.9% |
| 1995 | 114,475 1000 USD | +0.7% |
| 1996 | 121,978 1000 USD | +6.6% |
| 1997 | 122,217 1000 USD | +0.2% |
| 1998 | 126,693 1000 USD | +3.7% |
| 1999 | 130,092 1000 USD | +2.7% |
| 2000 | 129,626 1000 USD | -0.4% |
| 2001 | 127,375 1000 USD | -1.7% |
| 2002 | 135,381 1000 USD | +6.3% |
| 2003 | 136,513 1000 USD | +0.8% |
| 2004 | 136,156 1000 USD | -0.3% |
| 2005 | 137,589 1000 USD | +1.1% |
| 2006 | 135,688 1000 USD | -1.4% |
| 2007 | 137,930 1000 USD | +1.7% |
| 2008 | 143,319 1000 USD | +3.9% |
| 2009 | 146,693 1000 USD | +2.4% |
| 2010 | 150,408 1000 USD | +2.5% |
| 2011 | 148,104 1000 USD | -1.5% |
| 2012 | 154,478 1000 USD | +4.3% |
| 2013 | 156,406 1000 USD | +1.2% |
| 2014 | 163,685 1000 USD | +4.7% |
| 2015 | 160,481 1000 USD | -2.0% |
| 2016 | 156,331 1000 USD | -2.6% |
| 2017 | 161,380 1000 USD | +3.2% |
| 2018 | 158,710 1000 USD | -1.7% |
| 2019 | 143,476 1000 USD | -9.6% |
| 2020 | 162,418 1000 USD | +13.2% |
| 2021 | 145,979 1000 USD | -10.1% |
| 2022 | 143,208 1000 USD | -1.9% |
| 2023 | 140,058 1000 USD | -2.2% |
| 2024 | 128,013 1000 USD | -8.6% |
Panama compared with similar countries
- Panama's 128,013 1000 USD is below the median for high income countries, which is 786,361 1000 USD, 16% of the median. (47 countries reporting)
- Panama's 128,013 1000 USD is below the median for Latin America & Caribbean, which is 262,049 1000 USD, 49% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 48,493 1000 USD | 36,699 1000 USD | 60,148 1000 USD | 9 |
| 1970s | 58,713 1000 USD | 48,533 1000 USD | 71,061 1000 USD | 10 |
| 1980s | 77,680 1000 USD | 66,782 1000 USD | 89,772 1000 USD | 10 |
| 1990s | 114,058 1000 USD | 94,261 1000 USD | 130,092 1000 USD | 10 |
| 2000s | 136,627 1000 USD | 127,375 1000 USD | 146,693 1000 USD | 10 |
| 2010s | 155,346 1000 USD | 143,476 1000 USD | 163,685 1000 USD | 10 |
| 2020s | 143,935 1000 USD | 128,013 1000 USD | 162,418 1000 USD | 5 |
Countries ranked near Panama
- 93 Luxembourg 182,883 1000 USD compare
- 94 Senegal 161,104 1000 USD compare
- 95 Burkina Faso 137,281 1000 USD compare
- 97 North Macedonia 126,031 1000 USD compare
- 98 Rwanda 125,070 1000 USD compare
- 99 Nigeria 118,511 1000 USD compare
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 milk, total — gross production value in Panama?
- Milk, total — gross production value in Panama was 128,013 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest milk, total — gross production value recorded in Panama?
- The highest recorded value was 163,685 1000 USD in 2014.
- What is the lowest milk, total — gross production value recorded in Panama?
- The lowest recorded value was 36,699 1000 USD in 1961.
- How does Panama rank for milk, total — gross production value?
- Panama ranks 96th out of 136 countries with data for 2024.
- Is milk, total — gross production value rising or falling in Panama?
- Over the last ten years it is down 21.8%. 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 Milk, Total — Gross Production Value (constant 2014-2016 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.