Panama - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Panama was 1,066,700,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,066,700,000 in 2020 and a minimum value of 343,957,400 in 1974.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 346,748,200
1971 373,725,300
1972 361,399,500
1973 365,353,100
1974 343,957,400
1975 368,841,500
1976 388,609,200
1977 408,144,200
1978 439,772,500
1979 420,935,100
1980 413,028,100
1981 455,215,700
1982 458,610,200
1983 491,705,800
1984 498,858,300
1985 532,196,400
1986 522,861,700
1987 549,774,700
1988 514,496,800
1989 543,228,200
1990 551,593,100
1991 557,533,300
1992 582,142,800
1993 582,385,300
1994 598,023,900
1995 617,299,300
1996 641,120,200
1997 669,961,400
1998 710,457,300
1999 717,766,300
2000 787,893,500
2001 838,859,200
2002 866,712,500
2003 947,111,700
2004 959,952,000
2005 984,743,300
2006 1,020,014,000
2007 1,032,200,000
2008 1,063,200,000
2009 922,300,000
2010 864,100,000
2011 869,700,000
2012 875,000,000
2013 915,800,000
2014 933,600,000
2015 935,000,000
2016 941,600,000
2017 951,900,000
2018 976,600,000
2019 1,024,600,000
2020 1,066,700,000

Base Period: varies by country

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts