Renewable natural capital, timber in Panama

Panama: Renewable natural capital, timber was 1.58 billion current US$ in 2020. ◆ Volatile

Latest (2020)
1.58 billion current US$
Change on year
up 16.9%
World rank
100th
of 151 countries
All-time high
1.78 billion current US$
in 2017
All-time low
333.10 million current US$
in 2002
Years of data
26
1995–2020

Renewable natural capital, timber in Panama, 1995–2020

500.0M1.0B1.5B2.0B1995200720201995: 571.8M current US$1996: 421.8M current US$1997: 522.0M current US$1998: 388.7M current US$1999: 355.4M current US$2000: 342.3M current US$2001: 350.9M current US$2002: 333.1M current US$2003: 362.4M current US$2004: 359.3M current US$2005: 390.0M current US$2006: 565.8M current US$2007: 596.4M current US$2008: 675.1M current US$2009: 639.9M current US$2010: 1.2B current US$2011: 1.1B current US$2012: 1.1B current US$2013: 1.2B current US$2014: 1.6B current US$2015: 1.4B current US$2016: 1.6B current US$2017: 1.8B current US$2018: 1.6B current US$2019: 1.4B current US$2020: 1.6B current US$

Source: World Bank. Measured in current US$.

Analysis

The most recent figure for renewable natural capital, timber in Panama is 1.58 billion current US$, measured in 2020.

The figure is up 16.9% on the previous year and up 29.6% over ten years.

Over the whole period, renewable natural capital, timber in Panama peaked at 1.78 billion current US$ in 2017 and was at its lowest, 333.10 million current US$, in 2002.

Panama ranks 100th of 151 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Renewable natural capital, timber in Panama, year by year

Annual values for Renewable natural capital, timber (current US$) in Panama, 1995 to 2020.
Year current US$ Change
1995 571.84 million current US$ —
1996 421.80 million current US$ -26.2%
1997 522.00 million current US$ +23.8%
1998 388.73 million current US$ -25.5%
1999 355.43 million current US$ -8.6%
2000 342.25 million current US$ -3.7%
2001 350.89 million current US$ +2.5%
2002 333.10 million current US$ -5.1%
2003 362.38 million current US$ +8.8%
2004 359.33 million current US$ -0.8%
2005 389.96 million current US$ +8.5%
2006 565.78 million current US$ +45.1%
2007 596.41 million current US$ +5.4%
2008 675.13 million current US$ +13.2%
2009 639.90 million current US$ -5.2%
2010 1.22 billion current US$ +90.9%
2011 1.07 billion current US$ -12.1%
2012 1.07 billion current US$ -0.7%
2013 1.24 billion current US$ +16.4%
2014 1.62 billion current US$ +30.4%
2015 1.39 billion current US$ -14.1%
2016 1.64 billion current US$ +17.7%
2017 1.78 billion current US$ +8.4%
2018 1.58 billion current US$ -11.1%
2019 1.35 billion current US$ -14.2%
2020 1.58 billion current US$ +16.9%

Panama compared with similar countries

  • Panama's 1.58 billion current US$ is below the median for high income countries, which is 4.57 billion current US$, 35% of the median. (51 countries reporting)
  • Panama's 1.58 billion current US$ is below the median for Latin America & Caribbean, which is 5.87 billion current US$, 27% of the median. (24 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 451.96 million current US$ 355.43 million current US$ 571.84 million current US$ 5
2000s 461.51 million current US$ 333.10 million current US$ 675.13 million current US$ 10
2010s 1.40 billion current US$ 1.07 billion current US$ 1.78 billion current US$ 10
2020s 1.58 billion current US$ 1.58 billion current US$ 1.58 billion current US$ 1

Countries ranked near Panama

  1. 97 Rwanda 1.78 billion current US$ compare
  2. 98 Eswatini 1.77 billion current US$ compare
  3. 99 Switzerland 1.74 billion current US$ compare
  4. 101 Burundi 1.55 billion current US$ compare
  5. 102 Ireland 1.52 billion current US$ compare
  6. 103 Denmark 1.37 billion current US$ compare

See the full ranking of 151 places →

More reference data data for Panama

All data for Panama →

Frequently asked questions

What is renewable natural capital, timber in Panama?
Renewable natural capital, timber in Panama was 1.58 billion current US$ in 2020, according to the World Bank.
What is the highest renewable natural capital, timber recorded in Panama?
The highest recorded value was 1.78 billion current US$ in 2017.
What is the lowest renewable natural capital, timber recorded in Panama?
The lowest recorded value was 333.10 million current US$ in 2002.
How does Panama rank for renewable natural capital, timber?
Panama ranks 100th out of 151 countries with data for 2020.
Is renewable natural capital, timber rising or falling in Panama?
Over the last ten years it is up 29.6%. The long-run trend across the full record is volatile.
Where does this Panama data come from?
The figures come from the World Bank, published as part of Renewable natural capital, timber (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Renewable natural capital, timber (current US$)
Unit
current US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 3,885 data points, 1995–2020
Last refreshed