Industry (including construction), value added in Panama
Panama: Industry (including construction), value added was 22.53 billion current LCU in 2025. ◆ Volatile
Industry (including construction), value added in Panama, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Panama recorded 22.53 billion current LCU for industry (including construction), value added in 2025.
The figure is up 2.1% on the previous year and up 52.0% over ten years.
Over the whole period, industry (including construction), value added in Panama peaked at 22.76 billion current LCU in 2023 and was at its lowest, 341.25 million current LCU, in 1970.
Panama ranks 146th of 208 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 | 590.85 million current LCU | 341.25 million current LCU | 913.99 million current LCU | 10 |
| 1980s | 1.42 billion current LCU | 1.16 billion current LCU | 1.69 billion current LCU | 10 |
| 1990s | 1.83 billion current LCU | 1.25 billion current LCU | 2.21 billion current LCU | 10 |
| 2000s | 3.11 billion current LCU | 2.00 billion current LCU | 5.24 billion current LCU | 10 |
| 2010s | 13.43 billion current LCU | 5.68 billion current LCU | 19.83 billion current LCU | 10 |
| 2020s | 19.78 billion current LCU | 13.37 billion current LCU | 22.76 billion current LCU | 6 |
Countries ranked near Panama
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 22.53 billion current 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 22.76 billion current LCU in 2023.
- What is the lowest industry (including construction), value added recorded in Panama?
- The lowest recorded value was 341.25 million current LCU in 1970.
- How does Panama rank for industry (including construction), value added?
- Panama ranks 146th out of 208 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Panama?
- Over the last ten years it is up 52.0%. 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 (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.