Total Expenditure in Agricultural R&D (US$, 2015 prices) in Panama

Panama: Total Expenditure in Agricultural R&D (US$, 2015 prices) was 21.66 million USD in 2023. ▲ Rising

Latest (2023)
21.66 million USD
Change on year
up 19.9%
World rank
33rd
of 84 countries
All-time high
21.66 million USD
in 2023
All-time low
10.34 million USD
in 2004
Years of data
20
2004–2023

Total Expenditure in Agricultural R&D (US$, 2015 prices) in Panama, 2004–2023

051015202004201320232004: 10.3 million USD2005: 11.6 million USD2006: 11.8 million USD2007: 15.1 million USD2008: 15.8 million USD2009: 16.1 million USD2010: 15.7 million USD2011: 17.3 million USD2012: 15.6 million USD2013: 15.5 million USD2014: 15.7 million USD2015: 16 million USD2016: 16.4 million USD2017: 20.7 million USD2018: 17.6 million USD2019: 17.1 million USD2020: 15.4 million USD2021: 15.7 million USD2022: 18.1 million USD2023: 21.7 million USD

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

Analysis

The most recent figure for total expenditure in agricultural r&d (us$, 2015 prices) in Panama is 21.66 million USD, measured in 2023. That is the highest value across all 20 years on record.

The figure 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 (us$, 2015 prices) in Panama peaked at 21.66 million USD in 2023 and was at its lowest, 10.34 million USD, in 2004.

That places Panama 33rd out of 84 countries with data for 2023, putting it in the middle of the range.

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

Total Expenditure in Agricultural R&D (US$, 2015 prices) in Panama, year by year

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

Averages by decade

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

Countries ranked near Panama

  1. 30 Slovenia 30.93 million USD compare
  2. 31 Nepal 25.31 million USD compare
  3. 32 Costa Rica 23.11 million USD compare
  4. 34 Senegal 20.47 million USD compare
  5. 35 Namibia 20.43 million USD compare
  6. 36 Iceland 19.97 million USD compare

See the full ranking of 121 places →

More agriculture & rural data for Panama

All data for Panama →

Frequently asked questions

What is total expenditure in agricultural r&d (us$, 2015 prices) in Panama?
Total expenditure in agricultural r&d (us$, 2015 prices) in Panama was 21.66 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Panama?
The highest recorded value was 21.66 million USD in 2023.
What is the lowest total expenditure in agricultural r&d (us$, 2015 prices) recorded in Panama?
The lowest recorded value was 10.34 million USD in 2004.
How does Panama rank for total expenditure in agricultural r&d (us$, 2015 prices)?
Panama ranks 33rd out of 84 countries with data for 2023.
Is total expenditure in agricultural r&d (us$, 2015 prices) 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 (US$, 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 (US$, 2015 prices) 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-us-2015-prices-total-government-higher/panama/

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About this data

Indicator
Total Expenditure in Agricultural R&D (US$, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology)
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
121 places, 1,821 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.