Rice — Gross Production Value in Panama

Panama: Rice — Gross Production Value was 200,085 1000 USD in 2024. ▲ Rising

Latest (2024)
200,085 1000 USD
Change on year
down 6.5%
World rank
37th
of 86 countries
All-time high
227,184 1000 USD
in 2022
All-time low
58,734 1000 USD
in 1961
Years of data
64
1961–2024

Rice — Gross Production Value in Panama, 1961–2024

50.0k100.0k150.0k200.0k250.0k196119922024

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

In 2024, rice — gross production value in Panama stood at 200,085 1000 USD.

That represents a change of down 6.5% on the previous year and up 45.4% over ten years.

Over the whole period, rice — gross production value in Panama peaked at 227,184 1000 USD in 2022 and was at its lowest, 58,734 1000 USD, in 1961.

That places Panama 37th out of 86 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 64 years of available data.

Rice — Gross Production Value in Panama, year by year

Annual values for Rice — Gross Production Value (constant 2014-2016 thousand US$) in Panama, 1961 to 2024.
Year 1000 USD Change
1961 58,734 1000 USD —
1962 59,164 1000 USD +0.7%
1963 59,943 1000 USD +1.3%
1964 68,894 1000 USD +14.9%
1965 81,691 1000 USD +18.6%
1966 75,560 1000 USD -7.5%
1967 81,396 1000 USD +7.7%
1968 87,929 1000 USD +8.0%
1969 89,118 1000 USD +1.4%
1970 70,736 1000 USD -20.6%
1971 73,441 1000 USD +3.8%
1972 67,533 1000 USD -8.0%
1973 87,395 1000 USD +29.4%
1974 96,178 1000 USD +10.0%
1975 99,663 1000 USD +3.6%
1976 77,896 1000 USD -21.8%
1977 100,414 1000 USD +28.9%
1978 87,576 1000 USD -12.8%
1979 86,587 1000 USD -1.1%
1980 91,532 1000 USD +5.7%
1981 105,252 1000 USD +15.0%
1982 95,086 1000 USD -9.7%
1983 107,550 1000 USD +13.1%
1984 94,161 1000 USD -12.4%
1985 100,390 1000 USD +6.6%
1986 97,212 1000 USD -3.2%
1987 97,109 1000 USD -0.1%
1988 98,614 1000 USD +1.5%
1989 111,724 1000 USD +13.3%
1990 119,886 1000 USD +7.3%
1991 106,259 1000 USD -11.4%
1992 107,076 1000 USD +0.8%
1993 113,257 1000 USD +5.8%
1994 120,733 1000 USD +6.6%
1995 119,608 1000 USD -0.9%
1996 124,344 1000 USD +4.0%
1997 82,777 1000 USD -33.4%
1998 125,323 1000 USD +51.4%
1999 120,990 1000 USD -3.5%
2000 136,747 1000 USD +13.0%
2001 182,379 1000 USD +33.4%
2002 191,670 1000 USD +5.1%
2003 217,053 1000 USD +13.2%
2004 152,888 1000 USD -29.6%
2005 155,968 1000 USD +2.0%
2006 155,990 1000 USD +0.0%
2007 158,040 1000 USD +1.3%
2008 169,408 1000 USD +7.2%
2009 161,526 1000 USD -4.7%
2010 148,325 1000 USD -8.2%
2011 157,005 1000 USD +5.9%
2012 133,860 1000 USD -14.7%
2013 154,996 1000 USD +15.8%
2014 137,598 1000 USD -11.2%
2015 152,076 1000 USD +10.5%
2016 173,400 1000 USD +14.0%
2017 170,640 1000 USD -1.6%
2018 188,865 1000 USD +10.7%
2019 200,757 1000 USD +6.3%
2020 211,195 1000 USD +5.2%
2021 219,161 1000 USD +3.8%
2022 227,184 1000 USD +3.7%
2023 214,107 1000 USD -5.8%
2024 200,085 1000 USD -6.5%

Panama compared with similar countries

  • Panama's 200,085 1000 USD is above the median for high income countries, which is 48,679 1000 USD, 4.1× the median. (16 countries reporting)
  • Panama's 200,085 1000 USD is above the median for Latin America & Caribbean, which is 116,236 1000 USD, 1.7× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 73,603 1000 USD 58,734 1000 USD 89,118 1000 USD 9
1970s 84,742 1000 USD 67,533 1000 USD 100,414 1000 USD 10
1980s 99,863 1000 USD 91,532 1000 USD 111,724 1000 USD 10
1990s 114,025 1000 USD 82,777 1000 USD 125,323 1000 USD 10
2000s 168,167 1000 USD 136,747 1000 USD 217,053 1000 USD 10
2010s 161,752 1000 USD 133,860 1000 USD 200,757 1000 USD 10
2020s 214,346 1000 USD 200,085 1000 USD 227,184 1000 USD 5

Countries ranked near Panama

  1. 34 Argentina 277,300 1000 USD compare
  2. 35 Burkina Faso 246,105 1000 USD compare
  3. 36 Paraguay 213,415 1000 USD compare
  4. 38 Australia 188,789 1000 USD compare
  5. 38 Australia and New Zealand 188,789 1000 USD compare
  6. 40 Guinea-Bissau 184,030 1000 USD compare

See the full ranking of 126 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is rice — gross production value in Panama?
Rice — gross production value in Panama was 200,085 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest rice — gross production value recorded in Panama?
The highest recorded value was 227,184 1000 USD in 2022.
What is the lowest rice — gross production value recorded in Panama?
The lowest recorded value was 58,734 1000 USD in 1961.
How does Panama rank for rice — gross production value?
Panama ranks 37th out of 86 countries with data for 2024.
Is rice — gross production value rising or falling in Panama?
Over the last ten years it is up 45.4%. The long-run trend across the full record is rising.
Where does this Panama data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Rice — Gross Production Value (constant 2014-2016 thousand US$). Statizoid updates them automatically from the source API.

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Rice — Gross Production Value in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 October 2026, from https://agriculture.statizoid.com/stat/rice-gross-production-value-constant-2014-2016-thousand-us/panama/

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About this data

Indicator
Rice — Gross Production Value (constant 2014-2016 thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
126 places, 7,501 data points, 1961–2024
Last refreshed

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.