Oilcrops, Oil Equivalent — Production in Panama

Panama: Oilcrops, Oil Equivalent — Production was 59,329 t in 2024. ◆ Volatile

Latest (2024)
59,329 t
Change on year
up 2.3%
World rank
95th
of 186 countries
All-time high
63,439 t
in 2020
All-time low
2,329 t
in 1996
Years of data
64
1961–2024

Oilcrops, Oil Equivalent — Production in Panama, 1961–2024

020.0k40.0k60.0k196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in t.

Analysis

In 2024, oilcrops, oil equivalent — production in Panama stood at 59,329 t.

The figure is up 2.3% on the previous year and up 329.3% over ten years.

Over the whole period, oilcrops, oil equivalent — production in Panama peaked at 63,439 t in 2020 and was at its lowest, 2,329 t, in 1996.

Panama ranks 95th of 186 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 in Panama, year by year

Annual values for Oilcrops, Oil Equivalent — Production in Panama, 1961 to 2024.
Year t Change
1961 4,772 t —
1962 4,657 t -2.4%
1963 4,543 t -2.5%
1964 4,429 t -2.5%
1965 4,328 t -2.3%
1966 4,201 t -2.9%
1967 4,099 t -2.4%
1968 3,995 t -2.5%
1969 3,852 t -3.6%
1970 3,726 t -3.3%
1971 3,648 t -2.1%
1972 3,590 t -1.6%
1973 3,509 t -2.2%
1974 3,418 t -2.6%
1975 3,345 t -2.1%
1976 3,280 t -1.9%
1977 3,216 t -2.0%
1978 3,153 t -2.0%
1979 3,091 t -2.0%
1980 3,050 t -1.3%
1981 2,999 t -1.7%
1982 2,950 t -1.6%
1983 2,893 t -1.9%
1984 2,849 t -1.5%
1985 2,799 t -1.8%
1986 2,751 t -1.7%
1987 2,722 t -1.0%
1988 2,678 t -1.6%
1989 2,630 t -1.8%
1990 2,602 t -1.1%
1991 2,571 t -1.2%
1992 2,534 t -1.4%
1993 2,499 t -1.4%
1994 2,453 t -1.9%
1995 2,410 t -1.7%
1996 2,329 t -3.4%
1997 7,728 t +231.9%
1998 13,204 t +70.9%
1999 14,623 t +10.7%
2000 14,830 t +1.4%
2001 14,781 t -0.3%
2002 14,427 t -2.4%
2003 14,726 t +2.1%
2004 16,085 t +9.2%
2005 16,685 t +3.7%
2006 17,017 t +2.0%
2007 18,680 t +9.8%
2008 18,385 t -1.6%
2009 18,994 t +3.3%
2010 15,424 t -18.8%
2011 13,319 t -13.6%
2012 13,634 t +2.4%
2013 13,664 t +0.2%
2014 13,821 t +1.2%
2015 12,942 t -6.4%
2016 12,547 t -3.0%
2017 11,140 t -11.2%
2018 34,225 t +207.2%
2019 56,925 t +66.3%
2020 63,439 t +11.4%
2021 60,496 t -4.6%
2022 56,936 t -5.9%
2023 57,990 t +1.9%
2024 59,329 t +2.3%

Panama compared with similar countries

  • Panama's 59,329 t is above the median for high income countries, which is 55,200 t, 1.1× the median. (52 countries reporting)
  • Panama's 59,329 t is above the median for Latin America & Caribbean, which is 16,353 t, 3.6× the median. (32 countries reporting)

Biggest year-on-year movements

Years where Oilcrops, Oil Equivalent — Production 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.

YearChange FromTo
1997 +231.9% 2,329 t 7,728 t
2018 +207.2% 11,140 t 34,225 t
1998 +70.9% 7,728 t 13,204 t
2019 +66.3% 34,225 t 56,925 t

Averages by decade

DecadeAverage LowestHighest Years
1960s 4,319 t 3,852 t 4,772 t 9
1970s 3,398 t 3,091 t 3,726 t 10
1980s 2,832 t 2,630 t 3,050 t 10
1990s 5,295 t 2,329 t 14,623 t 10
2000s 16,461 t 14,427 t 18,994 t 10
2010s 19,764 t 11,140 t 56,925 t 10
2020s 59,638 t 56,936 t 63,439 t 5

Countries ranked near Panama

  1. 92 Solomon Islands 63,034 t compare
  2. 93 Estonia 62,829 t compare
  3. 94 Turkmenistan 60,504 t compare
  4. 96 Zimbabwe 57,392 t compare
  5. 97 Japan 51,071 t compare
  6. 98 Republic of Korea 49,204 t compare

See the full ranking of 235 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is oilcrops, oil equivalent — production in Panama?
Oilcrops, oil equivalent — production in Panama was 59,329 t in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest oilcrops, oil equivalent — production recorded in Panama?
The highest recorded value was 63,439 t in 2020.
What is the lowest oilcrops, oil equivalent — production recorded in Panama?
The lowest recorded value was 2,329 t in 1996.
How does Panama rank for oilcrops, oil equivalent — production?
Panama ranks 95th out of 186 countries with data for 2024.
Is oilcrops, oil equivalent — production rising or falling in Panama?
Over the last ten years it is up 329.3%. 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 Oilcrops, Oil Equivalent — Production. Statizoid updates them automatically from the source API.

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Oilcrops, Oil Equivalent — Production in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 24 October 2026, from https://agriculture.statizoid.com/stat/oilcrops-oil-equivalent-production/panama/

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About this data

Indicator
Oilcrops, Oil Equivalent — Production
Unit
t
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
235 places, 13,286 data points, 1961–2024
Last refreshed

Crop and livestock statistics are recorded for 278 products, covering the following categories: 1) CROPS PRIMARY: Cereals, Citrus Fruit, Fibre Crops, Fruit, Oil Crops, Oil Crops and Cakes in Oil Equivalent, Pulses, Roots and Tubers, Sugar Crops, Treenuts and Vegetables. Data are expressed in terms of area harvested, production quantity and yield. Cereals: Area and production data on cereals relate to crops harvested for dry grain only. Cereal crops harvested for hay or harvested green for food, feed or silage or used for grazing are therefore excluded. 2) CROPS PROCESSED: Beer of barley; Cotton lint; Cottonseed; Margarine, short; Molasses; Oil, coconut (copra); Oil, cottonseed; Oil, groundnut; Oil, linseed; Oil, maize; Oil, olive, virgin; Oil, palm; Oil, palm kernel; Oil, rapeseed; Oil, safflower; Oil, sesame; Oil, soybean; Oil, sunflower; Palm kernels; Sugar Raw Centrifugal; Wine. 3) LIVE ANIMALS: Animals live n.e.s.; Asses; Beehives; Buffaloes; Camelids, other; Camels; Cattle; Chickens; Ducks; Geese and guinea fowls; Goats; Horses; Mules; Pigeons, other birds; Pigs; Rabbits and hares; Rodents, other; Sheep; Turkeys. 4) LIVESTOCK PRIMARY: Beeswax; Eggs (various types); Hides buffalo, fresh; Hides, cattle, fresh; Honey, natural; Meat (ass, bird nes, buffalo, camel, cattle, chicken, duck, game, goat, goose and guinea fowl, horse, mule, Meat nes, meat other camelids, Meat other rodents, pig, rabbit, sheep, turkey); Milk (buffalo, camel, cow, goat, sheep); Offals, nes; Silk-worm cocoons, reelable; Skins (goat, sheep); Snails, not sea; Wool, greasy. 5) LIVESTOCK PROCESSED: Butter (of milk from sheep, goat, buffalo, cow); Cheese (of milk from goat, buffalo, sheep, cow milk); Cheese of skimmed cow milk; Cream fresh; Ghee (cow and buffalo milk); Lard; Milk (dry buttermilk, skimmed condensed, skimmed cow, skimmed dried, skimmed evaporated, whole condensed, whole dried, whole evaporated); Silk raw; Tallow; Whey (condensed and dry); Yoghurt.