Azerbaijan vs Panama: Industry (including construction), value added
Industry (including construction), value added over time
- Azerbaijan
- Panama
How they compare
Panama currently reports 20.48 billion constant LCU against 16.50 billion constant LCU in Azerbaijan, a difference of 3.98 billion constant LCU.
That makes Panama's figure about 1.2 times Azerbaijan's.
The two have swapped places 7 times across 34 shared years of data; in 1992 it was Azerbaijan ahead.
Azerbaijan ranks 138th and Panama ranks 135th of 199 countries.
Across the 4 decades both report, Azerbaijan averaged higher in 2 and Panama in 2.
Head to head by decade
| Decade | Azerbaijan | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 3.59 billion constant LCU | 3.66 billion constant LCU | 72.73 million constant LCU | Panama |
| 2000s | 8.75 billion constant LCU | 5.16 billion constant LCU | 3.59 billion constant LCU | Azerbaijan |
| 2010s | 17.55 billion constant LCU | 14.77 billion constant LCU | 2.78 billion constant LCU | Azerbaijan |
| 2020s | 16.28 billion constant LCU | 18.14 billion constant LCU | 1.86 billion constant LCU | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Azerbaijan or Panama?
- Panama, at 20.48 billion constant LCU against 16.50 billion constant LCU in Azerbaijan as of 2025.
- What is the difference in industry (including construction), value added between Azerbaijan and Panama?
- 3.98 billion constant LCU, with Panama ahead.
- How many years of comparable data are there for Azerbaijan and Panama?
- 34 years are reported by both, from 1992 to 2025.
- How do Azerbaijan and Panama rank globally for industry (including construction), value added?
- Azerbaijan ranks 138th and Panama ranks 135th of 199 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (constant LCU). 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 varies by country. This series is expressed in local currency units.