Oil palm fruit — Gross Production Value in Panama
Panama: Oil palm fruit — Gross Production Value was 104,541 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
The most recent figure for oil palm fruit — gross production value in Panama is 104,541 1000 USD, measured in 2024. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 2.2% on the previous year and up 514.9% over ten years.
Over the whole period, oil palm fruit — gross production value in Panama peaked at 104,541 1000 USD in 2024 and was at its lowest, 3,570 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 | 3,570 1000 USD | — |
| 1998 | 7,140 1000 USD | +100.0% |
| 1999 | 7,952 1000 USD | +11.4% |
| 2000 | 7,215 1000 USD | -9.3% |
| 2001 | 9,003 1000 USD | +24.8% |
| 2002 | 8,700 1000 USD | -3.4% |
| 2003 | 8,464 1000 USD | -2.7% |
| 2004 | 14,689 1000 USD | +73.5% |
| 2005 | 16,580 1000 USD | +12.9% |
| 2006 | 15,051 1000 USD | -9.2% |
| 2007 | 13,530 1000 USD | -10.1% |
| 2008 | 14,640 1000 USD | +8.2% |
| 2009 | 16,683 1000 USD | +14.0% |
| 2010 | 17,650 1000 USD | +5.8% |
| 2011 | 15,050 1000 USD | -14.7% |
| 2012 | 15,903 1000 USD | +5.7% |
| 2013 | 16,477 1000 USD | +3.6% |
| 2014 | 17,002 1000 USD | +3.2% |
| 2015 | 15,339 1000 USD | -9.8% |
| 2016 | 24,066 1000 USD | +56.9% |
| 2017 | 13,137 1000 USD | -45.4% |
| 2018 | 45,006 1000 USD | +242.6% |
| 2019 | 94,832 1000 USD | +110.7% |
| 2020 | 89,920 1000 USD | -5.2% |
| 2021 | 93,854 1000 USD | +4.4% |
| 2022 | 93,746 1000 USD | -0.1% |
| 2023 | 102,292 1000 USD | +9.1% |
| 2024 | 104,541 1000 USD | +2.2% |
Panama compared with similar countries
- Panama's 104,541 1000 USD is below the median for Latin America & Caribbean, which is 196,831 1000 USD, 53% of the median. (12 countries reporting)
Biggest year-on-year movements
Years where Oil palm fruit — Gross Production Value in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +242.6% | 13,137 1000 USD | 45,006 1000 USD |
| 2019 | +110.7% | 45,006 1000 USD | 94,832 1000 USD |
| 1998 | +100.0% | 3,570 1000 USD | 7,140 1000 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 6,221 1000 USD | 3,570 1000 USD | 7,952 1000 USD | 3 |
| 2000s | 12,456 1000 USD | 7,215 1000 USD | 16,683 1000 USD | 10 |
| 2010s | 27,446 1000 USD | 13,137 1000 USD | 94,832 1000 USD | 10 |
| 2020s | 96,871 1000 USD | 89,920 1000 USD | 104,541 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 oil palm fruit — gross production value in Panama?
- Oil palm fruit — gross production value in Panama was 104,541 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 104,541 1000 USD in 2024.
- What is the lowest oil palm fruit — gross production value recorded in Panama?
- The lowest recorded value was 3,570 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 514.9%. 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 (current thousand US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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.