Industry (including construction), value added in Panama

Panama: Industry (including construction), value added was 22.53 billion current US$ in 2025. ◆ Volatile

Latest (2025)
22.53 billion current US$
Change on year
up 2.1%
World rank
81st
of 208 countries
All-time high
22.76 billion current US$
in 2023
All-time low
341.25 million current US$
in 1970
Years of data
56
1970–2025

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

05.0B10.0B15.0B20.0B25.0B197019972025

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

Panama recorded 22.53 billion current US$ for industry (including construction), value added in 2025.

Compared with earlier readings it 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 US$ in 2023 and was at its lowest, 341.25 million current US$, in 1970.

Panama ranks 81st 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

DecadeAverage LowestHighest Years
1970s 590.85 million current US$ 341.25 million current US$ 913.99 million current US$ 10
1980s 1.42 billion current US$ 1.16 billion current US$ 1.69 billion current US$ 10
1990s 1.83 billion current US$ 1.25 billion current US$ 2.21 billion current US$ 10
2000s 3.11 billion current US$ 2.00 billion current US$ 5.24 billion current US$ 10
2010s 13.43 billion current US$ 5.68 billion current US$ 19.83 billion current US$ 10
2020s 19.78 billion current US$ 13.37 billion current US$ 22.76 billion current US$ 6

Countries ranked near Panama

  1. 78 Cuba 24.71 billion current US$ compare
  2. 79 Cote d'Ivoire 23.87 billion current US$ compare
  3. 80 Slovenia 22.57 billion current US$ compare
  4. 82 Serbia 22.30 billion current US$ compare
  5. 83 Kenya 22.12 billion current US$ compare
  6. 84 Cambodia 22.12 billion current US$ compare

See the full ranking of 255 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 22.53 billion current 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 22.76 billion current US$ in 2023.
What is the lowest industry (including construction), value added recorded in Panama?
The lowest recorded value was 341.25 million current US$ in 1970.
How does Panama rank for industry (including construction), value added?
Panama ranks 81st 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
255 places, 11,330 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.