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
Costa Rica currently reports 95.15 billion current US$ against 88.24 billion current US$ in Panama, a difference of 6.92 billion current US$.
That makes Costa Rica's figure about 1.1 times Panama's.
The two have swapped places 7 times across 66 shared years of data; in 1960 it was Panama ahead.
Costa Rica ranks 73rd and Panama ranks 76th of 204 countries.
Across the 7 decades both report, Costa Rica averaged higher in 2 and Panama in 5.
Head to head by decade
| Decade | Costa Rica | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 609.87 million current US$ | 812.67 million current US$ | 202.80 million current US$ | Panama |
| 1970s | 2.15 billion current US$ | 2.26 billion current US$ | 111.25 million current US$ | Panama |
| 1980s | 3.96 billion current US$ | 5.80 billion current US$ | 1.84 billion current US$ | Panama |
| 1990s | 9.69 billion current US$ | 8.77 billion current US$ | 918.61 million current US$ | Costa Rica |
| 2000s | 19.43 billion current US$ | 16.92 billion current US$ | 2.51 billion current US$ | Costa Rica |
| 2010s | 49.14 billion current US$ | 50.32 billion current US$ | 1.18 billion current US$ | Panama |
| 2020s | 74.90 billion current US$ | 74.97 billion current US$ | 70.05 million current 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?
- Costa Rica, at 95.15 billion current US$ against 88.24 billion current US$ in Panama as of 2025.
- What is the difference in gross value added at basic prices (gva) between Costa Rica and Panama?
- 6.92 billion current US$, with Costa Rica ahead.
- How many years of comparable data are there for Costa Rica and Panama?
- 66 years are reported by both, from 1960 to 2025.
- How do Costa Rica and Panama rank globally for gross value added at basic prices (gva)?
- Costa Rica ranks 73rd and Panama ranks 76th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.