Area of land needed to meet global vegetable oil demand in Panama
Panama: Area of land needed to meet global vegetable oil demand was 11.76 billion hectares in 2023. ◆ Volatile
Area of land needed to meet global vegetable oil demand in Panama, 1985–2023
Source: Food and Agriculture Organization of the United Nations (2025) – with major processing by Our World in Data. Measured in hectares.
Analysis
The most recent figure for area of land needed to meet global vegetable oil demand in Panama is 11.76 billion hectares, measured in 2023.
The figure is down 20.7% on the previous year and down 68.2% over ten years.
Over the whole period, area of land needed to meet global vegetable oil demand in Panama peaked at 49.17 billion hectares in 2021 and was at its lowest, 1.33 billion hectares, in 1987.
That places Panama 10th out of 59 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Area of land needed to meet global vegetable oil demand in Panama, year by year
| Year | hectares | Change |
|---|---|---|
| 1985 | 3.66 billion hectares | — |
| 1986 | 2.20 billion hectares | -40.0% |
| 1987 | 1.33 billion hectares | -39.6% |
| 1988 | 2.71 billion hectares | +104.0% |
| 1989 | 6.94 billion hectares | +156.4% |
| 1990 | 7.76 billion hectares | +11.9% |
| 1991 | 9.57 billion hectares | +23.2% |
| 1992 | 21.26 billion hectares | +122.2% |
| 1993 | 13.42 billion hectares | -36.9% |
| 1994 | 16.96 billion hectares | +26.4% |
| 1995 | 15.96 billion hectares | -5.9% |
| 1996 | 19.32 billion hectares | +21.1% |
| 1997 | 20.79 billion hectares | +7.6% |
| 1998 | 23.24 billion hectares | +11.7% |
| 1999 | 22.08 billion hectares | -5.0% |
| 2000 | 20.94 billion hectares | -5.1% |
| 2001 | 21.75 billion hectares | +3.9% |
| 2002 | 21.79 billion hectares | +0.2% |
| 2003 | 23.82 billion hectares | +9.4% |
| 2004 | 24.82 billion hectares | +4.2% |
| 2005 | 26.93 billion hectares | +8.5% |
| 2006 | 29.84 billion hectares | +10.8% |
| 2007 | 29.66 billion hectares | -0.6% |
| 2008 | 30.95 billion hectares | +4.4% |
| 2009 | 31.91 billion hectares | +3.1% |
| 2010 | 36.51 billion hectares | +14.4% |
| 2011 | 34.20 billion hectares | -6.3% |
| 2012 | 35.76 billion hectares | +4.6% |
| 2013 | 36.97 billion hectares | +3.4% |
| 2014 | 37.55 billion hectares | +1.6% |
| 2015 | 39.67 billion hectares | +5.6% |
| 2016 | 40.04 billion hectares | +0.9% |
| 2017 | 42.67 billion hectares | +6.6% |
| 2018 | 45.96 billion hectares | +7.7% |
| 2019 | 48.16 billion hectares | +4.8% |
| 2020 | 49.08 billion hectares | +1.9% |
| 2021 | 49.17 billion hectares | +0.2% |
| 2022 | 14.83 billion hectares | -69.8% |
| 2023 | 11.76 billion hectares | -20.7% |
Panama compared with similar countries
- Panama's 11.76 billion hectares is above the median for high income countries, which is 1.55 billion hectares, 7.6× the median. (9 countries reporting)
- Panama's 11.76 billion hectares is above the median for Latin America & Caribbean, which is 1.14 billion hectares, 10.3× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Area of land needed to meet global vegetable oil demand 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.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +156.4% | 2.71 billion hectares | 6.94 billion hectares |
| 1992 | +122.2% | 9.57 billion hectares | 21.26 billion hectares |
| 1988 | +104.0% | 1.33 billion hectares | 2.71 billion hectares |
| 2022 | -69.8% | 49.17 billion hectares | 14.83 billion hectares |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 3.37 billion hectares | 1.33 billion hectares | 6.94 billion hectares | 5 |
| 1990s | 17.04 billion hectares | 7.76 billion hectares | 23.24 billion hectares | 10 |
| 2000s | 26.24 billion hectares | 20.94 billion hectares | 31.91 billion hectares | 10 |
| 2010s | 39.75 billion hectares | 34.20 billion hectares | 48.16 billion hectares | 10 |
| 2020s | 31.21 billion hectares | 11.76 billion hectares | 49.17 billion hectares | 4 |
Countries ranked near Panama
More reference data data for Panama
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.1446 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.6179 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.9793 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0285 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.9793 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.4849 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2267 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 3.44 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 5.08 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1553 (2050)
Frequently asked questions
- What is area of land needed to meet global vegetable oil demand in Panama?
- Area of land needed to meet global vegetable oil demand in Panama was 11.76 billion hectares in 2023, according to Food and Agriculture Organization of the United Nations (2025) – with major processing by Our World in Data.
- What is the highest area of land needed to meet global vegetable oil demand recorded in Panama?
- The highest recorded value was 49.17 billion hectares in 2021.
- What is the lowest area of land needed to meet global vegetable oil demand recorded in Panama?
- The lowest recorded value was 1.33 billion hectares in 1987.
- How does Panama rank for area of land needed to meet global vegetable oil demand?
- Panama ranks 10th out of 59 countries with data for 2023.
- Is area of land needed to meet global vegetable oil demand rising or falling in Panama?
- Over the last ten years it is down 68.2%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations (2025) – with major processing by Our World in Data, published as part of Area of land needed to meet global vegetable oil demand. Statizoid updates them automatically from the source API.
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About this data
Amount of land that would need to be devoted to grow coconut crops if it was to meet global vegetable oil demand alone.