Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Panama
Panama: Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) was 41.9 million USD in 2023. ▲ Rising
Total Expenditure in Agricultural R&D (US$ PPP, 2015 prices) in Panama, 2004–2023
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$ ppp, 2015 prices) in Panama is 41.9 million USD, measured in 2023. That is the highest value across all 20 years on record.
That represents a change of 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$ ppp, 2015 prices) in Panama peaked at 41.9 million USD in 2023 and was at its lowest, 20 million USD, in 2004.
That places Panama 36th 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$ PPP, 2015 prices) in Panama, year by year
| Year | million USD | Change |
|---|---|---|
| 2004 | 20 million USD | — |
| 2005 | 22.46 million USD | +12.3% |
| 2006 | 22.89 million USD | +1.9% |
| 2007 | 29.29 million USD | +27.9% |
| 2008 | 30.48 million USD | +4.1% |
| 2009 | 31.15 million USD | +2.2% |
| 2010 | 30.37 million USD | -2.5% |
| 2011 | 33.52 million USD | +10.4% |
| 2012 | 30.08 million USD | -10.3% |
| 2013 | 30.03 million USD | -0.2% |
| 2014 | 30.3 million USD | +0.9% |
| 2015 | 30.98 million USD | +2.2% |
| 2016 | 31.76 million USD | +2.5% |
| 2017 | 40.06 million USD | +26.1% |
| 2018 | 33.96 million USD | -15.2% |
| 2019 | 32.99 million USD | -2.9% |
| 2020 | 29.88 million USD | -9.4% |
| 2021 | 30.34 million USD | +1.5% |
| 2022 | 34.95 million USD | +15.2% |
| 2023 | 41.9 million USD | +19.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.05 million USD | 20 million USD | 31.15 million USD | 6 |
| 2010s | 32.4 million USD | 30.03 million USD | 40.06 million USD | 10 |
| 2020s | 34.27 million USD | 29.88 million USD | 41.9 million USD | 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 (us$ ppp, 2015 prices) in Panama?
- Total expenditure in agricultural r&d (us$ ppp, 2015 prices) in Panama was 41.9 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$ ppp, 2015 prices) recorded in Panama?
- The highest recorded value was 41.9 million USD in 2023.
- What is the lowest total expenditure in agricultural r&d (us$ ppp, 2015 prices) recorded in Panama?
- The lowest recorded value was 20 million USD in 2004.
- How does Panama rank for total expenditure in agricultural r&d (us$ ppp, 2015 prices)?
- Panama ranks 36th out of 84 countries with data for 2023.
- Is total expenditure in agricultural r&d (us$ ppp, 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$ PPP, 2015 prices) — Government, Higher Education and Private Non-profit (Agricultural Science and Technology). Statizoid updates them automatically from the source API.
Download this data
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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.