Barbados vs Panama: Services, value added per worker
Services, value added per worker over time
- Barbados
- Panama
How they compare
Barbados currently reports 41,660 constant 2015 US$ against 41,009 constant 2015 US$ in Panama, a difference of 651 constant 2015 US$.
Across all 34 years both countries report, Barbados has been ahead every year.
Barbados ranks 36th and Panama ranks 37th of 176 countries.
Barbados has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Barbados | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 27,563 constant 2015 US$ | 19,615 constant 2015 US$ | 7,949 constant 2015 US$ | Barbados |
| 2000s | 35,222 constant 2015 US$ | 22,377 constant 2015 US$ | 12,845 constant 2015 US$ | Barbados |
| 2010s | 41,314 constant 2015 US$ | 31,824 constant 2015 US$ | 9,490 constant 2015 US$ | Barbados |
| 2020s | 38,913 constant 2015 US$ | 36,630 constant 2015 US$ | 2,283 constant 2015 US$ | Barbados |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added per worker, Barbados or Panama?
- Barbados, at 41,660 constant 2015 US$ against 41,009 constant 2015 US$ in Panama as of 2024.
- What is the difference in services, value added per worker between Barbados and Panama?
- 651 constant 2015 US$, with Barbados ahead.
- How many years of comparable data are there for Barbados and Panama?
- 34 years are reported by both, from 1991 to 2024.
- How do Barbados and Panama rank globally for services, value added per worker?
- Barbados ranks 36th and Panama ranks 37th of 176 countries.
- Where does this data come from?
- World Development Indicators database, World Bank (WB), published as Services, value added per worker (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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. The core indicator has been divided by the number of workers in the economy to derive a measure of labor productivity. 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.