Oil palm fruit — Gross Production Value in Panama
Panama: Oil palm fruit — Gross Production Value was 97,888 1000 USD in 2024. ◆ Volatile
Oil palm fruit — Gross Production Value in Panama, 1997–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.
Analysis
In 2024, oil palm fruit — gross production value in Panama stood at 97,888 1000 USD.
That represents a change of up 2.3% on the previous year and up 383.2% over ten years.
Over the whole period, oil palm fruit — gross production value in Panama peaked at 105,824 1000 USD in 2020 and was at its lowest, 9,382 1000 USD, in 1997.
That places Panama 17th out of 28 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oil palm fruit — Gross Production Value in Panama, year by year
| Year | 1000 USD | Change |
|---|---|---|
| 1997 | 9,382 1000 USD | — |
| 1998 | 18,764 1000 USD | +100.0% |
| 1999 | 21,391 1000 USD | +14.0% |
| 2000 | 21,766 1000 USD | +1.8% |
| 2001 | 22,142 1000 USD | +1.7% |
| 2002 | 21,579 1000 USD | -2.5% |
| 2003 | 22,142 1000 USD | +2.6% |
| 2004 | 24,393 1000 USD | +10.2% |
| 2005 | 25,331 1000 USD | +3.8% |
| 2006 | 25,894 1000 USD | +2.2% |
| 2007 | 28,709 1000 USD | +10.9% |
| 2008 | 28,146 1000 USD | -2.0% |
| 2009 | 29,140 1000 USD | +3.5% |
| 2010 | 22,930 1000 USD | -21.3% |
| 2011 | 19,552 1000 USD | -14.7% |
| 2012 | 20,040 1000 USD | +2.5% |
| 2013 | 20,040 1000 USD | +0.0% |
| 2014 | 20,260 1000 USD | +1.1% |
| 2015 | 18,692 1000 USD | -7.7% |
| 2016 | 17,957 1000 USD | -3.9% |
| 2017 | 15,477 1000 USD | -13.8% |
| 2018 | 55,405 1000 USD | +258.0% |
| 2019 | 94,618 1000 USD | +70.8% |
| 2020 | 105,824 1000 USD | +11.8% |
| 2021 | 100,724 1000 USD | -4.8% |
| 2022 | 93,856 1000 USD | -6.8% |
| 2023 | 95,675 1000 USD | +1.9% |
| 2024 | 97,888 1000 USD | +2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16,512 1000 USD | 9,382 1000 USD | 21,391 1000 USD | 3 |
| 2000s | 24,924 1000 USD | 21,579 1000 USD | 29,140 1000 USD | 10 |
| 2010s | 30,497 1000 USD | 15,477 1000 USD | 94,618 1000 USD | 10 |
| 2020s | 98,793 1000 USD | 93,856 1000 USD | 105,824 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)
- Agriculture share gdp 2.62 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 2.62 (2025)
- Agricultural raw materials exports 4.7% (2024)
- Agricultural raw materials imports 0.4% (2024)
Frequently asked questions
- What is oil palm fruit — gross production value in Panama?
- Oil palm fruit — gross production value in Panama was 97,888 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest oil palm fruit — gross production value recorded in Panama?
- The highest recorded value was 105,824 1000 USD in 2020.
- What is the lowest oil palm fruit — gross production value recorded in Panama?
- The lowest recorded value was 9,382 1000 USD in 1997.
- How does Panama rank for oil palm fruit — gross production value?
- Panama ranks 17th out of 28 countries with data for 2024.
- Is oil palm fruit — gross production value rising or falling in Panama?
- Over the last ten years it is up 383.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Oil palm fruit — 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.