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.
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
- Spring temperature anomalies 0.1111 °C (2026)
- Summer temperature anomalies 0.8502 °C (2026)
- Temperature anomalies by month 0.029 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.2956 °C (2025)
- Winter temperature anomalies 0.1292 °C (2025)
- Consumer price index 128.14 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 1 (2025)
- Men's universal right to vote 1 (2025)
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.