The share of value added by the agriculture, forestry and fishing sector to the gross domestic product in Panama decreased by 0.2 percentage points (-7.66 percent) in 2023 in comparison to the previous year. The share thereby reached its lowest value in recent years. The agriculture, forestry, and fishing sector includes crop cultivation, forestry, hunting, fishing, and livestock production. The value added refers to the net output of the sector, obtained by deducting the intermediate inputs (or intermediate consumption) from the gross production revenues.
Find more key insights for the share of value added by the agriculture, forestry and fishing sector to the gross domestic product in countries like Guatemala and El Salvador.
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Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Panama from 2012 to 2023
Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 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 4. Note: For VAB countries, gross value added at factor cost is used as the denominator.
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World Bank. (March 24, 2025). Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Panama from 2012 to 2023 [Graph]. In Statista. Retrieved June 30, 2025, from https://www.statista.com/statistics/1078899/panama-agriculture-share-gdp/
World Bank. "Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Panama from 2012 to 2023." Chart. March 24, 2025. Statista. Accessed June 30, 2025. https://www.statista.com/statistics/1078899/panama-agriculture-share-gdp/
World Bank. (2025). Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Panama from 2012 to 2023. Statista. Statista Inc.. Accessed: June 30, 2025. https://www.statista.com/statistics/1078899/panama-agriculture-share-gdp/
World Bank. "Share of Value Added by The Agriculture, Forestry, and Fishing Sector to The Gross Domestic Product (Gdp) in Panama from 2012 to 2023." Statista, Statista Inc., 24 Mar 2025, https://www.statista.com/statistics/1078899/panama-agriculture-share-gdp/
World Bank, Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Panama from 2012 to 2023 Statista, https://www.statista.com/statistics/1078899/panama-agriculture-share-gdp/ (last visited June 30, 2025)
Share of value added by the agriculture, forestry, and fishing sector to the gross domestic product (GDP) in Panama from 2012 to 2023 [Graph], World Bank, March 24, 2025. [Online]. Available: https://www.statista.com/statistics/1078899/panama-agriculture-share-gdp/