Industry (including construction), value added in Panama

Panama: Industry (including construction), value added was 20.48 billion constant LCU in 2025. ◆ Volatile

Latest (2025)
20.48 billion constant LCU
Change on year
up 2.5%
World rank
135th
of 199 countries
All-time high
20.59 billion constant LCU
in 2023
All-time low
1.68 billion constant LCU
in 1970
Years of data
56
1970–2025

Industry (including construction), value added in Panama, 1970–2025

05.0B10.0B15.0B20.0B197019972025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

In 2025, industry (including construction), value added in Panama stood at 20.48 billion constant LCU.

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 20.59 billion constant LCU in 2023 and was at its lowest, 1.68 billion constant LCU, in 1970.

That places Panama 135th out of 199 countries with data for 2025, putting it 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

DecadeAverage LowestHighest Years
1970s 2.12 billion constant LCU 1.68 billion constant LCU 2.52 billion constant LCU 10
1980s 2.81 billion constant LCU 2.37 billion constant LCU 3.11 billion constant LCU 10
1990s 3.49 billion constant LCU 2.60 billion constant LCU 4.13 billion constant LCU 10
2000s 5.16 billion constant LCU 3.73 billion constant LCU 7.52 billion constant LCU 10
2010s 14.77 billion constant LCU 8.06 billion constant LCU 19.38 billion constant LCU 10
2020s 18.14 billion constant LCU 12.71 billion constant LCU 20.59 billion constant LCU 6

Countries ranked near Panama

  1. 132 Papua New Guinea 24.84 billion constant LCU compare
  2. 133 Tunisia 21.76 billion constant LCU compare
  3. 134 Oman 20.57 billion constant LCU compare
  4. 136 Macao 18.79 billion constant LCU compare
  5. 137 Venezuela 17.92 billion constant LCU compare
  6. 138 Azerbaijan 16.50 billion constant LCU compare

See the full ranking of 199 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is industry (including construction), value added in Panama?
Industry (including construction), value added in Panama was 20.48 billion constant LCU 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 20.59 billion constant LCU in 2023.
What is the lowest industry (including construction), value added recorded in Panama?
The lowest recorded value was 1.68 billion constant LCU in 1970.
How does Panama rank for industry (including construction), value added?
Panama ranks 135th out of 199 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 LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 8,290 data points, 1960–2025
Last refreshed

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 varies by country. This series is expressed in local currency units.