Total Expenditure in Agricultural R&D (Standard Local Currency, 2015) in Panama

Panama: Total Expenditure in Agricultural R&D (Standard Local Currency, 2015) was 21.66 million SLC in 2023. ▲ Rising

Latest (2023)
21.66 million SLC
Change on year
up 19.9%
World rank
66th
of 82 countries
All-time high
21.66 million SLC
in 2023
All-time low
10.34 million SLC
in 2004
Years of data
20
2004–2023

Total Expenditure in Agricultural R&D (Standard Local Currency, 2015) in Panama, 2004–2023

051015202004201320232004: 10.3 million SLC2005: 11.6 million SLC2006: 11.8 million SLC2007: 15.1 million SLC2008: 15.8 million SLC2009: 16.1 million SLC2010: 15.7 million SLC2011: 17.3 million SLC2012: 15.6 million SLC2013: 15.5 million SLC2014: 15.7 million SLC2015: 16 million SLC2016: 16.4 million SLC2017: 20.7 million SLC2018: 17.6 million SLC2019: 17.1 million SLC2020: 15.4 million SLC2021: 15.7 million SLC2022: 18.1 million SLC2023: 21.7 million SLC

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

Analysis

In 2023, total expenditure in agricultural r&d (standard local currency, 2015) in Panama stood at 21.66 million SLC. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 19.9% on the previous year and up 39.5% over ten years.

Over the whole period, total expenditure in agricultural r&d (standard local currency, 2015) in Panama peaked at 21.66 million SLC in 2023 and was at its lowest, 10.34 million SLC, in 2004.

Panama ranks 66th of 82 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Total Expenditure in Agricultural R&D (Standard Local Currency, 2015) in Panama, year by year

Annual values for Total Expenditure in Agricultural R&D (Standard Local Currency, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology) in Panama, 2004 to 2023.
Year million SLC Change
2004 10.34 million SLC
2005 11.61 million SLC +12.3%
2006 11.83 million SLC +1.9%
2007 15.14 million SLC +27.9%
2008 15.76 million SLC +4.1%
2009 16.1 million SLC +2.2%
2010 15.7 million SLC -2.5%
2011 17.33 million SLC +10.4%
2012 15.55 million SLC -10.3%
2013 15.52 million SLC -0.2%
2014 15.66 million SLC +0.9%
2015 16.01 million SLC +2.2%
2016 16.41 million SLC +2.5%
2017 20.71 million SLC +26.1%
2018 17.55 million SLC -15.2%
2019 17.05 million SLC -2.9%
2020 15.45 million SLC -9.4%
2021 15.68 million SLC +1.5%
2022 18.06 million SLC +15.2%
2023 21.66 million SLC +19.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 13.46 million SLC 10.34 million SLC 16.1 million SLC 6
2010s 16.75 million SLC 15.52 million SLC 20.71 million SLC 10
2020s 17.71 million SLC 15.45 million SLC 21.66 million SLC 4

Countries ranked near Panama

  1. 63 Eswatini 33.33 million SLC compare
  2. 64 Zambia 29.05 million SLC compare
  3. 65 Slovenia 27.88 million SLC compare
  4. 67 Oman 17.87 million SLC compare
  5. 68 Eritrea 17.02 million SLC compare
  6. 69 Ecuador 15.31 million SLC compare

See the full ranking of 92 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is total expenditure in agricultural r&d (standard local currency, 2015) in Panama?
Total expenditure in agricultural r&d (standard local currency, 2015) in Panama was 21.66 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure in agricultural r&d (standard local currency, 2015) recorded in Panama?
The highest recorded value was 21.66 million SLC in 2023.
What is the lowest total expenditure in agricultural r&d (standard local currency, 2015) recorded in Panama?
The lowest recorded value was 10.34 million SLC in 2004.
How does Panama rank for total expenditure in agricultural r&d (standard local currency, 2015)?
Panama ranks 66th out of 82 countries with data for 2023.
Is total expenditure in agricultural r&d (standard local currency, 2015) rising or falling in Panama?
Over the last ten years it is up 39.5%. 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 Total Expenditure in Agricultural R&D (Standard Local Currency, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.

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Total Expenditure in Agricultural R&D (Standard Local Currency, 2015) in Panama. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 10 September 2026, from https://agriculture.statizoid.com/stat/total-expenditure-in-agricultural-r-and-d-standard-local-currency-2015-prices-total/panama/

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About this data

Indicator
Total Expenditure in Agricultural R&D (Standard Local Currency, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology)
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
92 places, 1,241 data points, 2004–2023
Last refreshed

The dataset contains a set of financial indicators describing national expenditures on agricultural research and development (R&D). The indicators are derived primarily from responses to the financial resources section of the ASTI questionnaire, complemented with selected external macroeconomic indicators required to ensure comparability across countries and over time.The dataset includes both directly reported financial aggregates and derived indicators, reflecting different dimensions of agricultural R&D investment. Reported expenditure data are collected in current local currency units (LCU) and refer to total institutional expenditures, as provided by national respondents. Coverage of the private for-profit sector remains limited and is therefore excluded from the dataset. To support temporal analysis and international comparability, expenditure indicators are also expressed in constant local currency units, using country-specific GDP deflators sourced from FAOSTAT. In addition, selected indicators relate agricultural R&D expenditures to key structural variables, such as agricultural value added, allowing for meaningful cross-country comparisons of research intensity and resource allocation.