Iraq vs Panama: Machinery and transport equipment

Iraq
2.6%
in 2022
Panama
2.7%
in 2020
Iraq rank
106th
Panama rank
105th

Machinery and transport equipment over time

  • Iraq
  • Panama
02.557.510196319922022

How they compare

Panama currently reports 2.7% against 2.6% in Iraq, a difference of 0.1%.

That makes Panama's figure about 1.1 times Iraq's.

The two have swapped places 1 time across 26 shared years of data; in 1963 it was Iraq ahead.

Iraq ranks 106th and Panama ranks 105th of 149 countries.

Across the 6 decades both report, Iraq averaged higher in 4 and Panama in 2.

Head to head by decade

Decade Iraq Panama Difference Ahead
1960s 6.3% 1.5% 4.8% Iraq
1970s 7.7% 0.9% 6.8% Iraq
1980s 4.6% 1.7% 2.9% Iraq
1990s 3.5% 1.7% 1.9% Iraq
2010s 2.4% 2.7% 0.4% Panama
2020s 0.6% 2.7% 2.2% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher machinery and transport equipment, Iraq or Panama?
Panama, at 2.7% against 2.6% in Iraq as of 2020.
What is the difference in machinery and transport equipment between Iraq and Panama?
0.1%, with Panama ahead.
How many years of comparable data are there for Iraq and Panama?
26 years are reported by both, from 1963 to 2020.
How do Iraq and Panama rank globally for machinery and transport equipment?
Iraq ranks 106th and Panama ranks 105th of 149 countries.
Where does this data come from?
International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as Machinery and transport equipment (% of value added in manufacturing). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs Panama: Machinery and transport equipment. Statizoid, drawing on International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Retrieved 17 September 2026, from https://economy.statizoid.com/compare/machinery-and-transport-equipment-percent-of-value-added-in-manufacturing/iraq/panama/

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About this data

Indicator
Machinery and transport equipment (% of value added in manufacturing)
Unit
% of value added in manufacturing
Source
International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
149 places, 5,404 data points, 1963–2024
Last refreshed

Machinery and transport equipment manufacturing includes industries classified in ISIC (Rev. 3) divisions 29-35. 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 as a percentage of value added in manufacturing which is the contribution to the economy by the manufacturing sector (ISIC Rev. 3 major division D).