Industry (including construction), value added in Panama
Panama: Industry (including construction), value added was 18.61 billion constant 2015 US$ in 2025. ◆ Volatile
Industry (including construction), value added in Panama, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2025, industry (including construction), value added in Panama stood at 18.61 billion constant 2015 US$.
Compared with earlier readings it is up 2.5% on the previous year and up 25.5% over ten years.
Over the whole period, industry (including construction), value added in Panama peaked at 18.71 billion constant 2015 US$ in 2023 and was at its lowest, 1.53 billion constant 2015 US$, in 1970.
Panama ranks 78th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.93 billion constant 2015 US$ | 1.53 billion constant 2015 US$ | 2.29 billion constant 2015 US$ | 10 |
| 1980s | 2.55 billion constant 2015 US$ | 2.15 billion constant 2015 US$ | 2.83 billion constant 2015 US$ | 10 |
| 1990s | 3.17 billion constant 2015 US$ | 2.36 billion constant 2015 US$ | 3.75 billion constant 2015 US$ | 10 |
| 2000s | 4.69 billion constant 2015 US$ | 3.39 billion constant 2015 US$ | 6.84 billion constant 2015 US$ | 10 |
| 2010s | 13.42 billion constant 2015 US$ | 7.32 billion constant 2015 US$ | 17.61 billion constant 2015 US$ | 10 |
| 2020s | 16.48 billion constant 2015 US$ | 11.55 billion constant 2015 US$ | 18.71 billion constant 2015 US$ | 6 |
Countries ranked near Panama
- 75 Cote d'Ivoire 19.43 billion constant 2015 US$ compare
- 76 Guatemala 19.01 billion constant 2015 US$ compare
- 77 Kenya 18.76 billion constant 2015 US$ compare
- 79 Cambodia 18.33 billion constant 2015 US$ compare
- 80 Costa Rica 17.42 billion constant 2015 US$ compare
- 81 Slovenia 16.79 billion constant 2015 US$ compare
More economy & growth data for Panama
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
- Taxes less subsidies on products 2.23 billion current US$ (2025)
- Net primary income (Net income from abroad) -4.39 billion current LCU (2025)
- Net primary income (Net income from abroad) -4.39 billion current US$ (2025)
- GNI per capita 18,830 current LCU (2025)
- GNI per capita, Atlas method 19,140 current US$ (2025)
- GNI 86.07 billion current LCU (2025)
Frequently asked questions
- What is industry (including construction), value added in Panama?
- Industry (including construction), value added in Panama was 18.61 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Panama?
- The highest recorded value was 18.71 billion constant 2015 US$ in 2023.
- What is the lowest industry (including construction), value added recorded in Panama?
- The lowest recorded value was 1.53 billion constant 2015 US$ in 1970.
- How does Panama rank for industry (including construction), value added?
- Panama ranks 78th out of 195 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Panama?
- Over the last ten years it is up 25.5%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.