How does Panama rank for oilcrops, oil equivalent — production, per unit of gdp?

Panama ranks 106th out of 164 countries with data for 2024.

Is oilcrops, oil equivalent — production, per unit of gdp rising or falling in Panama?

Over the last ten years it is up 155.1%. The long-run trend across the full record is volatile.

Oilcrops, Oil Equivalent — Production, per unit of GDP in Panama

Name: Oilcrops, Oil Equivalent — Production, per unit of GDP in Panama
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Panama: Oilcrops, Oil Equivalent — Production, per unit of GDP was 0 t per US$ of GDP in 2024. ◆ Volatile

Latest (2024)

0 t per US$ of GDP

Change on year

down 0.9%

World rank

106th

of 164 countries

All-time high

0 t per US$ of GDP

in 1961

All-time low

0 t per US$ of GDP

in 2017

Years of data

1961–2024

Oilcrops, Oil Equivalent — Production, per unit of GDP in Panama, 1961–2024

Source: Statizoid (derived). Measured in t per US$ of GDP.

Analysis

In 2024, oilcrops, oil equivalent — production, per unit of gdp in Panama stood at 0 t per US$ of GDP.

Compared with earlier readings it is down 0.9% on the previous year and up 155.1% over ten years.

Over the whole period, oilcrops, oil equivalent — production, per unit of gdp in Panama peaked at 0 t per US$ of GDP in 1961 and was at its lowest, 0 t per US$ of GDP, in 2017.

That places Panama 106th out of 164 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.

Oilcrops, Oil Equivalent — Production, per unit of GDP in Panama, year by year

Annual values for Oilcrops, Oil Equivalent — Production, per unit of GDP in Panama, 1961 to 2024.
Year	t per US$ of GDP	Change
1961	0 t per US$ of GDP	—
1962	0 t per US$ of GDP	-10.3%
1963	0 t per US$ of GDP	-12.0%
1964	0 t per US$ of GDP	-9.2%
1965	0 t per US$ of GDP	-11.0%
1966	0 t per US$ of GDP	-10.9%
1967	0 t per US$ of GDP	-12.4%
1968	0 t per US$ of GDP	-9.4%
1969	0 t per US$ of GDP	-12.1%
1970	0 t per US$ of GDP	-12.6%
1971	0 t per US$ of GDP	-13.2%
1972	0 t per US$ of GDP	-10.4%
1973	0 t per US$ of GDP	-14.5%
1974	0 t per US$ of GDP	-14.8%
1975	0 t per US$ of GDP	-12.1%
1976	0 t per US$ of GDP	-7.7%
1977	0 t per US$ of GDP	-7.3%
1978	0 t per US$ of GDP	-17.3%
1979	0 t per US$ of GDP	-14.1%
1980	0 t per US$ of GDP	-20.8%
1981	0 t per US$ of GDP	-13.1%
1982	0 t per US$ of GDP	-11.0%
1983	0 t per US$ of GDP	-4.5%
1984	0 t per US$ of GDP	-5.6%
1985	0 t per US$ of GDP	-7.2%
1986	0 t per US$ of GDP	-5.4%
1987	0 t per US$ of GDP	-1.5%
1988	0 t per US$ of GDP	+13.8%
1989	0 t per US$ of GDP	-2.0%
1990	0 t per US$ of GDP	-9.0%
1991	0 t per US$ of GDP	-10.1%
1992	0 t per US$ of GDP	-13.3%
1993	0 t per US$ of GDP	-9.7%
1994	0 t per US$ of GDP	-8.0%
1995	0 t per US$ of GDP	-3.9%
1996	0 t per US$ of GDP	+0.6%
1997	0 t per US$ of GDP	+203.4%
1998	0 t per US$ of GDP	+56.0%
1999	0 t per US$ of GDP	+4.7%
2000	0 t per US$ of GDP	-1.2%
2001	0 t per US$ of GDP	-2.7%
2002	0 t per US$ of GDP	-6.6%
2003	0 t per US$ of GDP	-3.9%
2004	0 t per US$ of GDP	-1.6%
2005	0 t per US$ of GDP	-5.8%
2006	0 t per US$ of GDP	-9.1%
2007	0 t per US$ of GDP	-5.7%
2008	0 t per US$ of GDP	-16.9%
2009	0 t per US$ of GDP	-4.4%
2010	0 t per US$ of GDP	-25.3%
2011	0 t per US$ of GDP	-26.8%
2012	0 t per US$ of GDP	-12.2%
2013	0 t per US$ of GDP	-11.2%
2014	0 t per US$ of GDP	-7.7%
2015	0 t per US$ of GDP	-13.7%
2016	0 t per US$ of GDP	-9.5%
2017	0 t per US$ of GDP	-17.5%
2018	0 t per US$ of GDP	+193.6%
2019	0 t per US$ of GDP	+60.5%
2020	0 t per US$ of GDP	+36.3%
2021	0 t per US$ of GDP	-19.3%
2022	0 t per US$ of GDP	-17.1%
2023	0 t per US$ of GDP	-7.1%
2024	0 t per US$ of GDP	-0.9%

Panama compared with similar countries

Panama's 0 t per US$ of GDP is above the median for high income countries, which is 0 t per US$ of GDP, 2.2× the median. (52 countries reporting)
Panama's 0 t per US$ of GDP is above the median for Latin America & Caribbean, which is 0 t per US$ of GDP, 1.1× the median. (32 countries reporting)

Biggest year-on-year movements

Years where Oilcrops, Oil Equivalent — Production, per unit of GDP 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
1997	+203.4%	0 t per US$ of GDP	0 t per US$ of GDP
2018	+193.6%	0 t per US$ of GDP	0 t per US$ of GDP
2019	+60.5%	0 t per US$ of GDP	0 t per US$ of GDP
1998	+56.0%	0 t per US$ of GDP	0 t per US$ of GDP
2020	+36.3%	0 t per US$ of GDP	0 t per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1960s	0 t per US$ of GDP	0 t per US$ of GDP	0 t per US$ of GDP	9
1970s	0 t per US$ of GDP	0 t per US$ of GDP	0 t per US$ of GDP	10
1980s	0 t per US$ of GDP	0 t per US$ of GDP	0 t per US$ of GDP	10
1990s	0 t per US$ of GDP	0 t per US$ of GDP	0 t per US$ of GDP	10
2000s	0 t per US$ of GDP	0 t per US$ of GDP	0 t per US$ of GDP	10
2010s	0 t per US$ of GDP	0 t per US$ of GDP	0 t per US$ of GDP	10
2020s	0 t per US$ of GDP	0 t per US$ of GDP	0 t per US$ of GDP	5

Countries ranked near Panama

103 Algeria 0 t per US$ of GDP compare
104 Bangladesh 0 t per US$ of GDP compare
105 Rwanda 0 t per US$ of GDP compare
107 Equatorial Guinea 0 t per US$ of GDP compare
108 Libya 0 t per US$ of GDP compare
109 Kyrgyzstan 0 t per US$ of GDP compare

See the full ranking of 165 places →

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)

All data for Panama →

Frequently asked questions

What is oilcrops, oil equivalent — production, per unit of gdp in Panama?: Oilcrops, oil equivalent — production, per unit of gdp in Panama was 0 t per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest oilcrops, oil equivalent — production, per unit of gdp recorded in Panama?: The highest recorded value was 0 t per US$ of GDP in 1961.
What is the lowest oilcrops, oil equivalent — production, per unit of gdp recorded in Panama?: The lowest recorded value was 0 t per US$ of GDP in 2017.
How does Panama rank for oilcrops, oil equivalent — production, per unit of gdp?: Panama ranks 106th out of 164 countries with data for 2024.
Is oilcrops, oil equivalent — production, per unit of gdp rising or falling in Panama?: Over the last ten years it is up 155.1%. 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, per unit of GDP. Statizoid updates them automatically from the source API.

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Oilcrops, Oil Equivalent — Production, per unit of GDP in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production-per-unit-of-gdp/panama/

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How this figure is calculated

Oilcrops, Oil Equivalent — Production divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Oilcrops, Oil Equivalent — Production ÷ GDP (current US$)

Computed from

Oilcrops, Oil Equivalent — Production Food and Agriculture Organization of the United Nations
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Oilcrops, Oil Equivalent — Production, per unit of GDP
Unit: t per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 165 places, 8,683 data points, 1961–2024
Last refreshed: 05 September 2026

Oilcrops, Oil Equivalent — Production divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.