Value of agricultural production in Panama
Panama: Value of agricultural production was 2.88 billion in 2024. ▲ Rising
Latest (2024)
2.88 billion
Change on year
up 7.5%
World rank
98th
of 174 countries
All-time high
2.88 billion
in 2024
All-time low
694.73 million
in 1992
Years of data
34
1991–2024
Value of agricultural production in Panama, 1991–2024
Source: Our World in Data.
Analysis
In 2024, value of agricultural production in Panama stood at 2.88 billion. That is the highest value across all 34 years on record.
That represents a change of up 7.5% on the previous year and up 24.8% over ten years.
Over the whole period, value of agricultural production in Panama peaked at 2.88 billion in 2024 and was at its lowest, 694.73 million, in 1992.
That places Panama 98th out of 174 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 34 years of available data.
Value of agricultural production in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 753.09 million | — |
| 1992 | 694.73 million | -7.7% |
| 1993 | 766.12 million | +10.3% |
| 1994 | 757.96 million | -1.1% |
| 1995 | 835.75 million | +10.3% |
| 1996 | 822.38 million | -1.6% |
| 1997 | 836.02 million | +1.7% |
| 1998 | 957.53 million | +14.5% |
| 1999 | 904.95 million | -5.5% |
| 2000 | 924.00 million | +2.1% |
| 2001 | 1.01 billion | +8.9% |
| 2002 | 1.00 billion | -0.2% |
| 2003 | 942.74 million | -6.2% |
| 2004 | 1.02 billion | +7.9% |
| 2005 | 1.05 billion | +3.4% |
| 2006 | 1.17 billion | +11.3% |
| 2007 | 1.24 billion | +6.0% |
| 2008 | 1.37 billion | +10.0% |
| 2009 | 1.59 billion | +16.7% |
| 2010 | 1.67 billion | +4.8% |
| 2011 | 1.80 billion | +7.6% |
| 2012 | 2.07 billion | +15.0% |
| 2013 | 2.22 billion | +7.4% |
| 2014 | 2.31 billion | +4.0% |
| 2015 | 2.62 billion | +13.6% |
| 2016 | 2.65 billion | +1.0% |
| 2017 | 2.45 billion | -7.6% |
| 2018 | 2.55 billion | +4.2% |
| 2019 | 2.72 billion | +6.5% |
| 2020 | 2.51 billion | -7.7% |
| 2021 | 2.62 billion | +4.3% |
| 2022 | 2.49 billion | -4.7% |
| 2023 | 2.68 billion | +7.5% |
| 2024 | 2.88 billion | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 814.28 million | 694.73 million | 957.53 million | 9 |
| 2000s | 1.13 billion | 924.00 million | 1.59 billion | 10 |
| 2010s | 2.31 billion | 1.67 billion | 2.72 billion | 10 |
| 2020s | 2.64 billion | 2.49 billion | 2.88 billion | 5 |
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)
- Agriculture share gdp 2.62 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 2.62 (2025)
- Agricultural raw materials exports 4.7% (2024)
- Agricultural raw materials imports 0.4% (2024)
Frequently asked questions
- What is value of agricultural production in Panama?
- Value of agricultural production in Panama was 2.88 billion in 2024, according to Our World in Data.
- What is the highest value of agricultural production recorded in Panama?
- The highest recorded value was 2.88 billion in 2024.
- What is the lowest value of agricultural production recorded in Panama?
- The lowest recorded value was 694.73 million in 1992.
- How does Panama rank for value of agricultural production?
- Panama ranks 98th out of 174 countries with data for 2024.
- Is value of agricultural production rising or falling in Panama?
- Over the last ten years it is up 24.8%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Our World in Data, published as part of Value of agricultural production. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (Our World in Data).