Costa Rica vs Panama: Industry (including construction), value added
Industry (including construction), value added over time
- Costa Rica
- Panama
How they compare
Panama currently reports 18.61 billion constant 2015 US$ against 17.42 billion constant 2015 US$ in Costa Rica, a difference of 1.19 billion constant 2015 US$.
That makes Panama's figure about 1.1 times Costa Rica's.
The two have swapped places 3 times across 56 shared years of data; in 1970 it was Costa Rica ahead.
Costa Rica ranks 80th and Panama ranks 78th of 195 countries.
Across the 6 decades both report, Costa Rica averaged higher in 4 and Panama in 2.
Head to head by decade
| Decade | Costa Rica | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.11 billion constant 2015 US$ | 1.93 billion constant 2015 US$ | 1.18 billion constant 2015 US$ | Costa Rica |
| 1980s | 4.33 billion constant 2015 US$ | 2.55 billion constant 2015 US$ | 1.78 billion constant 2015 US$ | Costa Rica |
| 1990s | 6.53 billion constant 2015 US$ | 3.17 billion constant 2015 US$ | 3.36 billion constant 2015 US$ | Costa Rica |
| 2000s | 9.50 billion constant 2015 US$ | 4.69 billion constant 2015 US$ | 4.81 billion constant 2015 US$ | Costa Rica |
| 2010s | 11.33 billion constant 2015 US$ | 13.42 billion constant 2015 US$ | 2.09 billion constant 2015 US$ | Panama |
| 2020s | 14.96 billion constant 2015 US$ | 16.48 billion constant 2015 US$ | 1.52 billion constant 2015 US$ | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Costa Rica or Panama?
- Panama, at 18.61 billion constant 2015 US$ against 17.42 billion constant 2015 US$ in Costa Rica as of 2025.
- What is the difference in industry (including construction), value added between Costa Rica and Panama?
- 1.19 billion constant 2015 US$, with Panama ahead.
- How many years of comparable data are there for Costa Rica and Panama?
- 56 years are reported by both, from 1970 to 2025.
- How do Costa Rica and Panama rank globally for industry (including construction), value added?
- Costa Rica ranks 80th and Panama ranks 78th of 195 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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 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.