Agriculture value added share of GDP (%) in Panama

Panama: Agriculture value added share of GDP (%) was 2.6% in 2024. ▼ Falling

Latest (2024)
2.6%
Change on year
up 4.9%
World rank
149th
of 205 countries
All-time high
7.0%
in 2003
All-time low
2.4%
in 2019
Years of data
24
2001–2024

Agriculture value added share of GDP in Panama, 2001–2024

2345672001201220242001: 6.9 %2002: 6.8 %2003: 7 %2004: 6.6 %2005: 6.2 %2006: 5.8 %2007: 4.8 %2008: 4.5 %2009: 3.8 %2010: 3.7 %2011: 3.3 %2012: 3.1 %2013: 3 %2014: 3 %2015: 2.9 %2016: 2.7 %2017: 2.5 %2018: 2.4 %2019: 2.4 %2020: 3 %2021: 2.7 %2022: 2.6 %2023: 2.4 %2024: 2.6 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for agriculture value added share of gdp in Panama is 2.6%, measured in 2024.

That represents a change of up 4.9% on the previous year and down 13.2% over ten years.

Over the whole period, agriculture value added share of gdp in Panama peaked at 7.0% in 2003 and was at its lowest, 2.4%, in 2019.

That places Panama 149th out of 205 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 24 years of available data.

Agriculture value added share of GDP (%) in Panama, year by year

Annual values for Agriculture value added share of GDP (%) in Panama, 2001 to 2024.
Year % Change
2001 6.9% —
2002 6.8% -0.9%
2003 7.0% +2.8%
2004 6.6% -6.3%
2005 6.2% -6.5%
2006 5.8% -5.9%
2007 4.8% -16.2%
2008 4.5% -7.0%
2009 3.8% -15.3%
2010 3.7% -4.2%
2011 3.3% -10.4%
2012 3.1% -4.9%
2013 3.0% -2.9%
2014 3.0% -2.6%
2015 2.9% -1.7%
2016 2.7% -6.2%
2017 2.5% -8.1%
2018 2.4% -5.2%
2019 2.4% -0.4%
2020 3.0% +25.0%
2021 2.7% -9.8%
2022 2.6% -1.5%
2023 2.4% -6.9%
2024 2.6% +4.9%

Panama compared with similar countries

  • Panama's 2.6% is above the median for high income countries, which is 1.8%, 1.4× the median. (62 countries reporting)
  • Panama's 2.6% is below the median for Latin America & Caribbean, which is 5.8%, 44% of the median. (32 countries reporting)

Biggest year-on-year movements

Years where Agriculture value added share of GDP (%) in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 +25.0% 2.4% 3.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.8% 3.8% 7.0% 9
2010s 2.9% 2.4% 3.7% 10
2020s 2.6% 2.4% 3.0% 5

Countries ranked near Panama

  1. 146 Seychelles 2.8% compare
  2. 147 Poland 2.6% compare
  3. 148 Lithuania 2.6% compare
  4. 150 Spain 2.5% compare
  5. 151 Oman 2.5% compare
  6. 152 Finland 2.5% compare

See the full ranking of 240 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is agriculture value added share of gdp in Panama?
Agriculture value added share of gdp in Panama was 2.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest agriculture value added share of gdp recorded in Panama?
The highest recorded value was 7.0% in 2003.
What is the lowest agriculture value added share of gdp recorded in Panama?
The lowest recorded value was 2.4% in 2019.
How does Panama rank for agriculture value added share of gdp?
Panama ranks 149th out of 205 countries with data for 2024.
Is agriculture value added share of gdp rising or falling in Panama?
Over the last ten years it is down 13.2%. The long-run trend across the full record is falling.
Where does this Panama data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Agriculture value added share of GDP (%). Statizoid updates them automatically from the source API.

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Agriculture value added share of GDP in Panama. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://economy.statizoid.com/stat/agriculture-value-added-share-of-gdp-percent/panama/

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About this data

Indicator
Agriculture value added share of GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
240 places, 5,169 data points, 2001–2024
Last refreshed