Panama - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Panama was 1,495,006,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 1,507,000,000 in 2015 and a minimum value of 146,280,700 in 1970.

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 current local currency.

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

Year Value
1970 146,280,700
1971 161,095,200
1972 167,668,500
1973 181,403,800
1974 181,011,300
1975 201,712,300
1976 226,730,200
1977 258,517,500
1978 283,044,800
1979 298,447,900
1980 341,615,900
1981 378,736,900
1982 390,079,400
1983 428,540,900
1984 417,817,000
1985 449,060,500
1986 498,761,300
1987 506,598,000
1988 469,889,500
1989 503,298,400
1990 519,487,200
1991 541,656,700
1992 556,505,100
1993 578,777,600
1994 605,071,700
1995 620,951,200
1996 635,180,900
1997 674,323,100
1998 743,996,300
1999 730,374,800
2000 774,331,600
2001 841,656,300
2002 868,370,800
2003 940,490,400
2004 966,617,900
2005 985,014,700
2006 1,043,229,000
2007 1,032,200,000
2008 1,130,800,000
2009 1,028,600,000
2010 1,063,500,000
2011 1,120,100,000
2012 1,232,100,000
2013 1,342,700,000
2014 1,422,700,000
2015 1,507,000,000
2016 1,505,900,000
2017 1,483,351,000
2018 1,459,913,000
2019 1,464,897,000
2020 1,495,006,000

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