Barbados vs Panama: Manufacturing, value added
Manufacturing, value added over time
- Barbados
- Panama
How they compare
Barbados currently reports 4.9% against 4.8% in Panama, a difference of 0.1%.
The two have swapped places 5 times across 50 shared years of data; in 1975 it was Panama ahead.
Barbados ranks 159th and Panama ranks 161st of 205 countries.
Panama has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Barbados | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 9.8% | 18.6% | 8.8% | Panama |
| 1980s | 8.0% | 16.4% | 8.4% | Panama |
| 1990s | 8.5% | 13.2% | 4.8% | Panama |
| 2000s | 7.5% | 8.0% | 0.5% | Panama |
| 2010s | 5.5% | 6.2% | 0.7% | Panama |
| 2020s | 5.0% | 5.2% | 0.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Barbados or Panama?
- Barbados, at 4.9% against 4.8% in Panama as of 2024.
- What is the difference in manufacturing, value added between Barbados and Panama?
- 0.1%, with Barbados ahead.
- How many years of comparable data are there for Barbados and Panama?
- 50 years are reported by both, from 1975 to 2024.
- How do Barbados and Panama rank globally for manufacturing, value added?
- Barbados ranks 159th and Panama ranks 161st of 205 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.