Cuba vs Panama: Industry (including construction), value added
Industry (including construction), value added over time
- Cuba
- Panama
How they compare
Cuba currently reports 24.71 billion current US$ against 22.53 billion current US$ in Panama, a difference of 2.19 billion current US$.
That makes Cuba's figure about 1.1 times Panama's.
Across all 51 years both countries report, Cuba has been ahead every year.
Cuba ranks 78th and Panama ranks 81st of 206 countries.
Cuba has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Cuba | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 2.04 billion current US$ | 590.85 million current US$ | 1.45 billion current US$ | Cuba |
| 1980s | 3.95 billion current US$ | 1.42 billion current US$ | 2.53 billion current US$ | Cuba |
| 1990s | 5.43 billion current US$ | 1.83 billion current US$ | 3.60 billion current US$ | Cuba |
| 2000s | 9.80 billion current US$ | 3.11 billion current US$ | 6.69 billion current US$ | Cuba |
| 2010s | 19.61 billion current US$ | 13.43 billion current US$ | 6.18 billion current US$ | Cuba |
| 2020s | 24.71 billion current US$ | 13.37 billion current US$ | 11.34 billion current US$ | Cuba |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher industry (including construction), value added, Cuba or Panama?
- Cuba, at 24.71 billion current US$ against 22.53 billion current US$ in Panama as of 2020.
- What is the difference in industry (including construction), value added between Cuba and Panama?
- 2.19 billion current US$, with Cuba ahead.
- How many years of comparable data are there for Cuba and Panama?
- 51 years are reported by both, from 1970 to 2020.
- How do Cuba and Panama rank globally for industry (including construction), value added?
- Cuba ranks 78th and Panama ranks 81st of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Industry (including construction), value added (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.