Luxembourg vs Panama: Gross value added at basic prices (GVA)
Gross value added at basic prices (GVA) over time
- Luxembourg
- Panama
How they compare
Luxembourg currently reports 91.60 billion current US$ against 88.24 billion current US$ in Panama, a difference of 3.37 billion current US$.
The two have swapped places 7 times across 56 shared years of data; in 1970 it was Panama ahead.
Luxembourg ranks 75th and Panama ranks 76th of 204 countries.
Across the 6 decades both report, Luxembourg averaged higher in 5 and Panama in 1.
Head to head by decade
| Decade | Luxembourg | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.71 billion current US$ | 2.26 billion current US$ | 445.40 million current US$ | Luxembourg |
| 1980s | 5.74 billion current US$ | 5.80 billion current US$ | 65.02 million current US$ | Panama |
| 1990s | 15.69 billion current US$ | 8.77 billion current US$ | 6.93 billion current US$ | Luxembourg |
| 2000s | 33.71 billion current US$ | 16.92 billion current US$ | 16.79 billion current US$ | Luxembourg |
| 2010s | 57.89 billion current US$ | 50.32 billion current US$ | 7.57 billion current US$ | Luxembourg |
| 2020s | 79.34 billion current US$ | 74.97 billion current US$ | 4.37 billion current US$ | Luxembourg |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross value added at basic prices (gva), Luxembourg or Panama?
- Luxembourg, at 91.60 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 Luxembourg and Panama?
- 3.37 billion current US$, with Luxembourg ahead.
- How many years of comparable data are there for Luxembourg and Panama?
- 56 years are reported by both, from 1970 to 2025.
- How do Luxembourg and Panama rank globally for gross value added at basic prices (gva)?
- Luxembourg ranks 75th and Panama ranks 76th of 204 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Gross value added at basic prices (GVA) (current US$). 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.