Costa Rica vs Panama: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Costa Rica
- Panama
How they compare
Panama currently reports 78.22 billion constant 2015 US$ against 74.65 billion constant 2015 US$ in Costa Rica, a difference of 3.58 billion constant 2015 US$.
The two have swapped places 5 times across 56 shared years of data; in 1970 it was Costa Rica ahead.
Costa Rica ranks 71st and Panama ranks 68th of 193 countries.
Across the 6 decades both report, Costa Rica averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | Costa Rica | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 10.75 billion constant 2015 US$ | 8.21 billion constant 2015 US$ | 2.54 billion constant 2015 US$ | Costa Rica |
| 1980s | 14.42 billion constant 2015 US$ | 12.48 billion constant 2015 US$ | 1.94 billion constant 2015 US$ | Costa Rica |
| 1990s | 21.88 billion constant 2015 US$ | 15.98 billion constant 2015 US$ | 5.90 billion constant 2015 US$ | Costa Rica |
| 2000s | 34.07 billion constant 2015 US$ | 26.09 billion constant 2015 US$ | 7.99 billion constant 2015 US$ | Costa Rica |
| 2010s | 51.40 billion constant 2015 US$ | 51.92 billion constant 2015 US$ | 527.82 million constant 2015 US$ | Panama |
| 2020s | 66.55 billion constant 2015 US$ | 68.01 billion constant 2015 US$ | 1.46 billion constant 2015 US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Costa Rica or Panama?
- Panama, at 78.22 billion constant 2015 US$ against 74.65 billion constant 2015 US$ in Costa Rica as of 2025.
- What is the difference in gross value added at basic prices (gva) between Costa Rica and Panama?
- 3.58 billion constant 2015 US$, with Panama ahead.
- How many years of comparable data are there for Costa Rica and Panama?
- 56 years are reported by both, from 1970 to 2025.
- How do Costa Rica and Panama rank globally for gross value added at basic prices (gva)?
- Costa Rica ranks 71st and Panama ranks 68th of 193 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.