Total Expenditure in Agricultural R&D (Standard Local Currency) in Panama
Panama: Total Expenditure in Agricultural R&D (Standard Local Currency) was 24.12 million SLC in 2023. ▲ Rising
Total Expenditure in Agricultural R&D (Standard Local Currency) in Panama, 2004–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Panama recorded 24.12 million SLC for total expenditure in agricultural r&d (standard local currency) in 2023. That is the highest value across all 20 years on record.
That represents a change of up 22.6% on the previous year and up 67.6% over ten years.
Over the whole period, total expenditure in agricultural r&d (standard local currency) in Panama peaked at 24.12 million SLC in 2023 and was at its lowest, 6.43 million SLC, in 2004.
That places Panama 66th out of 82 countries with data for 2023, putting it 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) in Panama, year by year
| Year | million SLC | Change |
|---|---|---|
| 2004 | 6.43 million SLC | — |
| 2005 | 7.34 million SLC | +14.2% |
| 2006 | 7.64 million SLC | +4.2% |
| 2007 | 10.06 million SLC | +31.6% |
| 2008 | 11.25 million SLC | +11.9% |
| 2009 | 12.23 million SLC | +8.7% |
| 2010 | 12.22 million SLC | -0.0% |
| 2011 | 14.24 million SLC | +16.5% |
| 2012 | 13.58 million SLC | -4.6% |
| 2013 | 14.39 million SLC | +6.0% |
| 2014 | 15.2 million SLC | +5.6% |
| 2015 | 16.01 million SLC | +5.3% |
| 2016 | 16.82 million SLC | +5.1% |
| 2017 | 21.6 million SLC | +28.4% |
| 2018 | 18.44 million SLC | -14.6% |
| 2019 | 18.01 million SLC | -2.3% |
| 2020 | 16.23 million SLC | -9.9% |
| 2021 | 16.71 million SLC | +3.0% |
| 2022 | 19.67 million SLC | +17.7% |
| 2023 | 24.12 million SLC | +22.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.16 million SLC | 6.43 million SLC | 12.23 million SLC | 6 |
| 2010s | 16.05 million SLC | 12.22 million SLC | 21.6 million SLC | 10 |
| 2020s | 19.18 million SLC | 16.23 million SLC | 24.12 million SLC | 4 |
Countries ranked near Panama
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 total expenditure in agricultural r&d (standard local currency) in Panama?
- Total expenditure in agricultural r&d (standard local currency) in Panama was 24.12 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) recorded in Panama?
- The highest recorded value was 24.12 million SLC in 2023.
- What is the lowest total expenditure in agricultural r&d (standard local currency) recorded in Panama?
- The lowest recorded value was 6.43 million SLC in 2004.
- How does Panama rank for total expenditure in agricultural r&d (standard local currency)?
- Panama ranks 66th out of 82 countries with data for 2023.
- Is total expenditure in agricultural r&d (standard local currency) rising or falling in Panama?
- Over the last ten years it is up 67.6%. 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) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.