Cuba vs Panama: Gross value added at basic prices (GVA)

Cuba
80.71 billion constant 2015 US$
in 2024
Panama
78.22 billion constant 2015 US$
in 2025
Cuba rank
67th
Panama rank
68th

Gross value added at basic prices (GVA) over time

  • Cuba
  • Panama
020.0B40.0B60.0B80.0B100.0B197019972025

How they compare

Cuba currently reports 80.71 billion constant 2015 US$ against 78.22 billion constant 2015 US$ in Panama, a difference of 2.48 billion constant 2015 US$.

Across all 55 years both countries report, Cuba has been ahead every year.

Cuba ranks 67th and Panama ranks 68th of 192 countries.

Cuba has averaged higher in every one of the 6 decades both report.

Head to head by decade

Decade Cuba Panama Difference Ahead
1970s 29.64 billion constant 2015 US$ 8.21 billion constant 2015 US$ 21.44 billion constant 2015 US$ Cuba
1980s 48.84 billion constant 2015 US$ 12.48 billion constant 2015 US$ 36.35 billion constant 2015 US$ Cuba
1990s 41.21 billion constant 2015 US$ 15.98 billion constant 2015 US$ 25.23 billion constant 2015 US$ Cuba
2000s 57.70 billion constant 2015 US$ 26.09 billion constant 2015 US$ 31.61 billion constant 2015 US$ Cuba
2010s 83.89 billion constant 2015 US$ 51.92 billion constant 2015 US$ 31.96 billion constant 2015 US$ Cuba
2020s 81.48 billion constant 2015 US$ 65.97 billion constant 2015 US$ 15.51 billion constant 2015 US$ Cuba

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva), Cuba or Panama?
Cuba, at 80.71 billion constant 2015 US$ against 78.22 billion constant 2015 US$ in Panama as of 2024.
What is the difference in gross value added at basic prices (gva) between Cuba and Panama?
2.48 billion constant 2015 US$, with Cuba ahead.
How many years of comparable data are there for Cuba and Panama?
55 years are reported by both, from 1970 to 2024.
How do Cuba and Panama rank globally for gross value added at basic prices (gva)?
Cuba ranks 67th and Panama ranks 68th of 192 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

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.