Vegetable oil vs gdp in Panama
Panama: Vegetable oil vs gdp was 14.61 in 2023. ▲ Rising
Latest (2023)
14.61
Change on year
up 23.9%
World rank
62nd
of 192 countries
All-time high
15.87
in 2019
All-time low
2.64
in 1961
Years of data
63
1961–2023
Vegetable oil vs gdp in Panama, 1961–2023
Source: Our World in Data.
Analysis
In 2023, vegetable oil vs gdp in Panama stood at 14.61.
That represents a change of up 23.9% on the previous year and up 22.4% over ten years.
Over the whole period, vegetable oil vs gdp in Panama peaked at 15.87 in 2019 and was at its lowest, 2.64, in 1961.
That places Panama 62nd out of 192 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 63 years of available data.
Vegetable oil vs gdp in Panama, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 2.64 | — |
| 1962 | 3.04 | +14.9% |
| 1963 | 3.48 | +14.6% |
| 1964 | 3.74 | +7.5% |
| 1965 | 3.56 | -4.9% |
| 1966 | 3.86 | +8.5% |
| 1967 | 4.2 | +8.8% |
| 1968 | 5.12 | +21.8% |
| 1969 | 5.11 | -0.2% |
| 1970 | 3.62 | -29.1% |
| 1971 | 5.45 | +50.5% |
| 1972 | 6.15 | +12.8% |
| 1973 | 6.19 | +0.8% |
| 1974 | 6.8 | +9.7% |
| 1975 | 6.77 | -0.3% |
| 1976 | 7.46 | +10.1% |
| 1977 | 7.61 | +2.0% |
| 1978 | 7.78 | +2.2% |
| 1979 | 8.28 | +6.5% |
| 1980 | 8.65 | +4.5% |
| 1981 | 8.26 | -4.6% |
| 1982 | 9.43 | +14.2% |
| 1983 | 10.1 | +7.1% |
| 1984 | 11.26 | +11.5% |
| 1985 | 10.42 | -7.5% |
| 1986 | 11.69 | +12.2% |
| 1987 | 10.1 | -13.6% |
| 1988 | 9.02 | -10.8% |
| 1989 | 7.94 | -11.9% |
| 1990 | 11.13 | +40.2% |
| 1991 | 9.8 | -12.0% |
| 1992 | 9.07 | -7.5% |
| 1993 | 9.16 | +1.0% |
| 1994 | 8.33 | -9.1% |
| 1995 | 11.38 | +36.7% |
| 1996 | 12.53 | +10.1% |
| 1997 | 12.67 | +1.1% |
| 1998 | 12.67 | -0.0% |
| 1999 | 13.08 | +3.3% |
| 2000 | 9.72 | -25.7% |
| 2001 | 10 | +2.8% |
| 2002 | 9.42 | -5.7% |
| 2003 | 8.89 | -5.7% |
| 2004 | 8.3 | -6.6% |
| 2005 | 8.12 | -2.2% |
| 2006 | 8.13 | +0.1% |
| 2007 | 7.76 | -4.5% |
| 2008 | 8.03 | +3.5% |
| 2009 | 8.98 | +11.8% |
| 2010 | 13.5 | +50.4% |
| 2011 | 13.74 | +1.8% |
| 2012 | 12.11 | -11.9% |
| 2013 | 11.94 | -1.4% |
| 2014 | 10.69 | -10.5% |
| 2015 | 10.09 | -5.6% |
| 2016 | 10 | -0.9% |
| 2017 | 10 | +0.0% |
| 2018 | 10.47 | +4.7% |
| 2019 | 15.87 | +51.6% |
| 2020 | 14.73 | -7.2% |
| 2021 | 14.66 | -0.5% |
| 2022 | 11.79 | -19.6% |
| 2023 | 14.61 | +23.9% |
Panama compared with similar countries
- Panama's 14.61 is below the median for high income countries, which is 14.94, 98% of the median. (63 countries reporting)
- Panama's 14.61 is above the median for Latin America & Caribbean, which is 13.02, 1.1× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.86 | 2.64 | 5.12 | 9 |
| 1970s | 6.61 | 3.62 | 8.28 | 10 |
| 1980s | 9.69 | 7.94 | 11.69 | 10 |
| 1990s | 10.98 | 8.33 | 13.08 | 10 |
| 2000s | 8.73 | 7.76 | 10 | 10 |
| 2010s | 11.84 | 10 | 15.87 | 10 |
| 2020s | 13.95 | 11.79 | 14.73 | 4 |
Countries ranked near Panama
- 59 Netherlands 14.94 compare
- 60 Lebanon 14.93 compare
- 61 France 14.81 compare
- 63 Zimbabwe 14.58 compare
- 64 Micronesia (country) 14.24 compare
- 65 Marshall Islands 13.95 compare
More energy & mining data for Panama
- Fuel imports 19.3% (2025)
- Ores and metals imports 0.6% (2025)
- Fuel exports 0.9% (2025)
- Ores and metals exports 32.6% (2025)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
Frequently asked questions
- What is vegetable oil vs gdp in Panama?
- Vegetable oil vs gdp in Panama was 14.61 in 2023, according to Our World in Data.
- What is the highest vegetable oil vs gdp recorded in Panama?
- The highest recorded value was 15.87 in 2019.
- What is the lowest vegetable oil vs gdp recorded in Panama?
- The lowest recorded value was 2.64 in 1961.
- How does Panama rank for vegetable oil vs gdp?
- Panama ranks 62nd out of 192 countries with data for 2023.
- Is vegetable oil vs gdp rising or falling in Panama?
- Over the last ten years it is up 22.4%. 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 Vegetable oil vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (Our World in Data).