Industry value added — all countries

Industry value added — Panama

Industry value added in Panama in 2025 — 22,525,600,000 US$. Ranked 72 in the world out of 158. Since 1970, the indicator has risen by 6,501%.

2025 22.53B US$ +2.09% vs 2024
World rank 72of 158
Period maximum 22.76B US$2023
Period minimum 341M US$1970

Trend over time

1970–2025 · US$

Industry value added — Panama, 1970–2025010B20B30B19701976198219881994200020062012201820241970: 341,247,100 US$1971: 385,304,100 US$1972: 404,452,500 US$1973: 495,524,400 US$1974: 566,669,400 US$1975: 672,686,400 US$1976: 671,441,000 US$1977: 660,232,200 US$1978: 796,917,800 US$1979: 913,988,000 US$1980: 1,163,540,500 US$1981: 1,282,845,100 US$1982: 1,420,430,200 US$1983: 1,360,136,500 US$1984: 1,446,407,800 US$1985: 1,685,818,800 US$1986: 1,694,798,700 US$1987: 1,656,153,000 US$1988: 1,278,675,800 US$1989: 1,232,653,700 US$1990: 1,247,727,200 US$1991: 1,526,425,300 US$1992: 1,726,388,700 US$1993: 1,990,815,200 US$1994: 2,072,756,900 US$1995: 2,163,518,200 US$1996: 1,698,266,000 US$1997: 1,777,697,800 US$1998: 1,928,833,400 US$1999: 2,206,221,000 US$2000: 2,190,055,300 US$2001: 2,009,932,700 US$2002: 1,995,248,500 US$2003: 2,280,242,800 US$2004: 2,584,297,200 US$2005: 2,816,403,700 US$2006: 3,183,166,400 US$2007: 3,777,777,200 US$2008: 5,000,812,000 US$2009: 5,237,290,500 US$2010: 5,675,588,500 US$2011: 6,914,707,700 US$2012: 8,727,241,900 US$2013: 11,462,958,000 US$2014: 13,256,829,600 US$2015: 14,822,496,800 US$2016: 16,383,930,200 US$2017: 18,175,506,800 US$2018: 19,068,373,700 US$2019: 19,828,351,200 US$2020: 13,374,200,000 US$2021: 17,768,000,000 US$2022: 20,196,400,000 US$2023: 22,761,800,000 US$2024: 22,065,300,000 US$2025: 22,525,600,000 US$
Change over the period: +22.18B (+6,500.96%) Average annual rate: 7.92 %

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Panama

Panama 22.53B US$
World 29.57T US$
Central America computed 656B US$
Industry value added — Panama, by year Panama All countries CSV XLSX
Year US$ Change Change, %
2025 22.53B +460M +2.09%
2024 22.07B −697M −3.06%
2023 22.76B +2.57B +12.7%
2022 20.2B +2.43B +13.67%
2021 17.77B +4.39B +32.85%
2020 13.37B −6.45B −32.55%
2019 19.83B +760M +3.99%
2018 19.07B +893M +4.91%
2017 18.18B +1.79B +10.93%
2016 16.38B +1.56B +10.53%
2015 14.82B +1.57B +11.81%
2014 13.26B +1.79B +15.65%
2013 11.46B +2.74B +31.35%
2012 8.73B +1.81B +26.21%
2011 6.91B +1.24B +21.83%
2010 5.68B +438M +8.37%
2009 5.24B +236M +4.73%
2008 5B +1.22B +32.37%
2007 3.78B +595M +18.68%
2006 3.18B +367M +13.02%
2005 2.82B +232M +8.98%
2004 2.58B +304M +13.33%
2003 2.28B +285M +14.28%
2002 2B −14.68M −0.73%
2001 2.01B −180M −8.22%
2000 2.19B −16.17M −0.73%
1999 2.21B +277M +14.38%
1998 1.93B +151M +8.5%
1997 1.78B +79.43M +4.68%
1996 1.7B −465M −21.5%
1995 2.16B +90.76M +4.38%
1994 2.07B +81.94M +4.12%
1993 1.99B +264M +15.32%
1992 1.73B +200M +13.1%
1991 1.53B +279M +22.34%
1990 1.25B +15.07M +1.22%
1989 1.23B −46.02M −3.6%
1988 1.28B −377M −22.79%
1987 1.66B −38.65M −2.28%
1986 1.69B +8.98M +0.53%
1985 1.69B +239M +16.55%
1984 1.45B +86.27M +6.34%
1983 1.36B −60.29M −4.24%
1982 1.42B +138M +10.72%
1981 1.28B +119M +10.25%
1980 1.16B +250M +27.3%
1979 914M +117M +14.69%
1978 797M +137M +20.7%
1977 660M −11.21M −1.67%
1976 671M −1.25M −0.19%
1975 673M +106M +18.71%
1974 567M +71.15M +14.36%
1973 496M +91.07M +22.52%
1972 404M +19.15M +4.97%
1971 385M +44.06M +12.91%
1970 341M

Central America, 2025

The same indicator for neighboring countries — with links to their pages

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.