Oilcrops, Oil Equivalent — Production, annual growth rate in Panama
Panama: Oilcrops, Oil Equivalent — Production, annual growth rate was 2.31 % change on previous year in 2024. ◆ Volatile
Latest (2024)
2.31 % change on previous year
Change on year
up 24.7%
World rank
73rd
of 204 countries
All-time high
231.85 % change on previous year
in 1997
All-time low
-18.79 % change on previous year
in 2010
Years of data
63
1962–2024
Oilcrops, Oil Equivalent — Production, annual growth rate in Panama, 1962–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, oilcrops, oil equivalent — production, annual growth rate in Panama stood at 2.31 % change on previous year.
Compared with earlier readings it is up 24.7% on the previous year and up 100.4% over ten years.
Over the whole period, oilcrops, oil equivalent — production, annual growth rate in Panama peaked at 231.85 % change on previous year in 1997 and was at its lowest, -18.79 % change on previous year, in 2010.
Panama ranks 73rd of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Oilcrops, Oil Equivalent — Production, annual growth rate in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1962 | -2.4 % change on previous year | — |
| 1963 | -2.46 % change on previous year | +2.5% |
| 1964 | -2.51 % change on previous year | +2.1% |
| 1965 | -2.28 % change on previous year | -9.1% |
| 1966 | -2.93 % change on previous year | +28.7% |
| 1967 | -2.43 % change on previous year | -17.0% |
| 1968 | -2.54 % change on previous year | +4.2% |
| 1969 | -3.57 % change on previous year | +40.7% |
| 1970 | -3.27 % change on previous year | -8.3% |
| 1971 | -2.09 % change on previous year | -36.1% |
| 1972 | -1.59 % change on previous year | -23.9% |
| 1973 | -2.25 % change on previous year | +41.0% |
| 1974 | -2.59 % change on previous year | +15.3% |
| 1975 | -2.14 % change on previous year | -17.3% |
| 1976 | -1.94 % change on previous year | -9.5% |
| 1977 | -1.95 % change on previous year | +0.6% |
| 1978 | -1.96 % change on previous year | +0.6% |
| 1979 | -1.97 % change on previous year | +0.6% |
| 1980 | -1.33 % change on previous year | -32.7% |
| 1981 | -1.66 % change on previous year | +24.8% |
| 1982 | -1.64 % change on previous year | -0.9% |
| 1983 | -1.94 % change on previous year | +17.8% |
| 1984 | -1.5 % change on previous year | -22.7% |
| 1985 | -1.78 % change on previous year | +19.3% |
| 1986 | -1.71 % change on previous year | -4.3% |
| 1987 | -1.03 % change on previous year | -39.6% |
| 1988 | -1.64 % change on previous year | +59.1% |
| 1989 | -1.78 % change on previous year | +8.4% |
| 1990 | -1.09 % change on previous year | -38.9% |
| 1991 | -1.18 % change on previous year | +8.3% |
| 1992 | -1.44 % change on previous year | +22.0% |
| 1993 | -1.39 % change on previous year | -3.4% |
| 1994 | -1.85 % change on previous year | +33.7% |
| 1995 | -1.72 % change on previous year | -7.4% |
| 1996 | -3.39 % change on previous year | +97.3% |
| 1997 | 231.85 % change on previous year | -6940.5% |
| 1998 | 70.86 % change on previous year | -69.4% |
| 1999 | 10.75 % change on previous year | -84.8% |
| 2000 | 1.41 % change on previous year | -86.8% |
| 2001 | -0.3304 % change on previous year | -123.4% |
| 2002 | -2.4 % change on previous year | +625.5% |
| 2003 | 2.07 % change on previous year | -186.5% |
| 2004 | 9.23 % change on previous year | +345.1% |
| 2005 | 3.73 % change on previous year | -59.6% |
| 2006 | 1.99 % change on previous year | -46.6% |
| 2007 | 9.77 % change on previous year | +390.9% |
| 2008 | -1.58 % change on previous year | -116.2% |
| 2009 | 3.31 % change on previous year | -309.4% |
| 2010 | -18.79 % change on previous year | -667.6% |
| 2011 | -13.65 % change on previous year | -27.4% |
| 2012 | 2.37 % change on previous year | -117.3% |
| 2013 | 0.2149 % change on previous year | -90.9% |
| 2014 | 1.15 % change on previous year | +436.0% |
| 2015 | -6.36 % change on previous year | -652.3% |
| 2016 | -3.05 % change on previous year | -52.1% |
| 2017 | -11.21 % change on previous year | +267.8% |
| 2018 | 207.21 % change on previous year | -1948.1% |
| 2019 | 66.33 % change on previous year | -68.0% |
| 2020 | 11.44 % change on previous year | -82.7% |
| 2021 | -4.64 % change on previous year | -140.5% |
| 2022 | -5.89 % change on previous year | +26.9% |
| 2023 | 1.85 % change on previous year | -131.5% |
| 2024 | 2.31 % change on previous year | +24.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -2.64 % change on previous year | -3.57 % change on previous year | -2.28 % change on previous year | 8 |
| 1970s | -2.18 % change on previous year | -3.27 % change on previous year | -1.59 % change on previous year | 10 |
| 1980s | -1.6 % change on previous year | -1.94 % change on previous year | -1.03 % change on previous year | 10 |
| 1990s | 30.14 % change on previous year | -3.39 % change on previous year | 231.85 % change on previous year | 10 |
| 2000s | 2.72 % change on previous year | -2.4 % change on previous year | 9.77 % change on previous year | 10 |
| 2010s | 22.42 % change on previous year | -18.79 % change on previous year | 207.21 % change on previous year | 10 |
| 2020s | 1.02 % change on previous year | -5.89 % change on previous year | 11.44 % change on previous year | 5 |
Countries ranked near Panama
- 70 Croatia 2.57 % change on previous year compare
- 71 Ghana 2.45 % change on previous year compare
- 72 Lao People's Democratic Republic 2.39 % change on previous year compare
- 74 Mexico 2.23 % change on previous year compare
- 75 Madagascar 2.07 % change on previous year compare
- 76 Cameroon 2.04 % change on previous year 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 oilcrops, oil equivalent — production, annual growth rate in Panama?
- Oilcrops, oil equivalent — production, annual growth rate in Panama was 2.31 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest oilcrops, oil equivalent — production, annual growth rate recorded in Panama?
- The highest recorded value was 231.85 % change on previous year in 1997.
- What is the lowest oilcrops, oil equivalent — production, annual growth rate recorded in Panama?
- The lowest recorded value was -18.79 % change on previous year in 2010.
- How does Panama rank for oilcrops, oil equivalent — production, annual growth rate?
- Panama ranks 73rd out of 204 countries with data for 2024.
- Is oilcrops, oil equivalent — production, annual growth rate rising or falling in Panama?
- Over the last ten years it is up 100.4%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Oilcrops, Oil Equivalent — Production, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Oilcrops, Oil Equivalent — Production Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Oilcrops, Oil Equivalent — Production. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.