Chemicals in Panama
Panama: Chemicals was 4.6% in 2020. ▲ Rising
Chemicals in Panama, 1963–2020
Source: International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO). Measured in % of value added in manufacturing.
Analysis
In 2020, chemicals in Panama stood at 4.6%.
Over the whole period, chemicals in Panama peaked at 9.2% in 1985 and was at its lowest, 3.4%, in 1965.
That places Panama 117th out of 153 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 41 years of available data.
Chemicals in Panama, year by year
| Year | % of value added in manufacturing | Change |
|---|---|---|
| 1963 | 4.3% | — |
| 1964 | 4.0% | -6.9% |
| 1965 | 3.4% | -14.8% |
| 1966 | 4.3% | +27.6% |
| 1967 | 4.7% | +9.2% |
| 1968 | 4.5% | -5.3% |
| 1969 | 5.4% | +20.2% |
| 1970 | 4.8% | -10.2% |
| 1971 | 4.4% | -9.7% |
| 1972 | 5.2% | +19.5% |
| 1973 | 5.6% | +6.2% |
| 1974 | 4.6% | -17.6% |
| 1975 | 5.4% | +18.2% |
| 1976 | 6.6% | +22.2% |
| 1977 | 6.1% | -7.4% |
| 1978 | 7.0% | +14.8% |
| 1979 | 6.4% | -8.3% |
| 1980 | 6.3% | -3.0% |
| 1981 | 6.4% | +2.4% |
| 1982 | 7.4% | +16.2% |
| 1983 | 6.9% | -7.9% |
| 1984 | 8.1% | +17.6% |
| 1985 | 9.2% | +14.0% |
| 1986 | 8.5% | -8.0% |
| 1987 | 8.1% | -4.3% |
| 1988 | 8.3% | +3.0% |
| 1989 | 9.1% | +8.8% |
| 1990 | 8.3% | -9.0% |
| 1991 | 8.6% | +4.4% |
| 1992 | 5.9% | -31.3% |
| 1993 | 7.4% | +25.1% |
| 1994 | 7.3% | -1.8% |
| 1995 | 7.0% | -3.8% |
| 1996 | 6.9% | -1.5% |
| 1997 | 6.9% | -0.3% |
| 1998 | 6.7% | -2.8% |
| 1999 | 5.9% | -11.0% |
| 2000 | 6.7% | +13.1% |
| 2001 | 4.6% | -31.8% |
| 2019 | 4.6% | -0.0% |
| 2020 | 4.6% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.4% | 3.4% | 5.4% | 7 |
| 1970s | 5.6% | 4.4% | 7.0% | 10 |
| 1980s | 7.8% | 6.3% | 9.2% | 10 |
| 1990s | 7.1% | 5.9% | 8.6% | 10 |
| 2000s | 5.7% | 4.6% | 6.7% | 2 |
| 2010s | 4.6% | 4.6% | 4.6% | 1 |
| 2020s | 4.6% | 4.6% | 4.6% | 1 |
Countries ranked near Panama
- 114 Palestine, State of 4.7% compare
- 115 Tanzania, United Republic of 4.7% compare
- 116 New Zealand 4.7% compare
- 118 Mongolia 4.6% compare
- 119 Costa Rica 4.5% compare
- 120 Montenegro 4.3% compare
More economy & growth data for Panama
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.82 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.3353 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 6,426 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -7.67 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 0.3353 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 6,426 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate -7.13 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2986 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is chemicals in Panama?
- Chemicals in Panama was 4.6% in 2020, according to International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO).
- What is the highest chemicals recorded in Panama?
- The highest recorded value was 9.2% in 1985.
- What is the lowest chemicals recorded in Panama?
- The lowest recorded value was 3.4% in 1965.
- How does Panama rank for chemicals?
- Panama ranks 117th out of 153 countries with data for 2020.
- Where does this Panama data come from?
- The figures come from International Yearbook of Industrial Statistics, UN Industrial Development Organization (UNIDO), published as part of Chemicals (% of value added in manufacturing). Statizoid updates them automatically from the source API.
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About this data
Manufacturing of chemicals and chemical products includes industries classified in ISIC (Rev. 3) division 24. 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).