Industry (including construction), value … 2015 rate annual growth in Panama
Panama: Industry (including construction), value … 2015 rate annual growth was 2.48 % change on previous year in 2025. ◆ Volatile
Industry (including construction), value added (constant 2015 US$) in Panama, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2025, industry (including construction), value added (constant 2015 us$) in Panama stood at 2.48 % change on previous year.
Compared with earlier readings it is up 184.0% on the previous year and down 76.7% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Panama peaked at 29.66 % change on previous year in 2021 and was at its lowest, -34.4 % change on previous year, in 2020.
Panama ranks 101st of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value … 2015 rate annual growth in Panama, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.41 % change on previous year | — |
| 1972 | 3.86 % change on previous year | -68.9% |
| 1973 | 11.25 % change on previous year | +191.9% |
| 1974 | -2.99 % change on previous year | -126.5% |
| 1975 | 3.08 % change on previous year | -203.1% |
| 1976 | 3.65 % change on previous year | +18.7% |
| 1977 | -7.69 % change on previous year | -310.6% |
| 1978 | 12.44 % change on previous year | -261.8% |
| 1979 | 7.48 % change on previous year | -39.9% |
| 1980 | 9.99 % change on previous year | +33.7% |
| 1981 | 5.61 % change on previous year | -43.8% |
| 1982 | 4.87 % change on previous year | -13.3% |
| 1983 | -14.51 % change on previous year | -398.1% |
| 1984 | 4.17 % change on previous year | -128.8% |
| 1985 | 7.23 % change on previous year | +73.2% |
| 1986 | 4.37 % change on previous year | -39.5% |
| 1987 | 1.59 % change on previous year | -63.8% |
| 1988 | -21.04 % change on previous year | -1426.9% |
| 1989 | -3.76 % change on previous year | -82.1% |
| 1990 | 9.71 % change on previous year | -358.6% |
| 1991 | 14.51 % change on previous year | +49.4% |
| 1992 | 9.53 % change on previous year | -34.3% |
| 1993 | 15.26 % change on previous year | +60.1% |
| 1994 | 4.28 % change on previous year | -71.9% |
| 1995 | 1.4 % change on previous year | -67.3% |
| 1996 | -19.76 % change on previous year | -1509.3% |
| 1997 | 8.26 % change on previous year | -141.8% |
| 1998 | 5.76 % change on previous year | -30.3% |
| 1999 | 13.29 % change on previous year | +130.7% |
| 2000 | -0.6796 % change on previous year | -105.1% |
| 2001 | -9.02 % change on previous year | +1227.1% |
| 2002 | 0.9977 % change on previous year | -111.1% |
| 2003 | 10.42 % change on previous year | +944.2% |
| 2004 | 9.87 % change on previous year | -5.3% |
| 2005 | 5.73 % change on previous year | -41.9% |
| 2006 | 11.47 % change on previous year | +100.1% |
| 2007 | 16.32 % change on previous year | +42.3% |
| 2008 | 15.92 % change on previous year | -2.4% |
| 2009 | 3.5 % change on previous year | -78.0% |
| 2010 | 7.13 % change on previous year | +103.3% |
| 2011 | 17.02 % change on previous year | +138.9% |
| 2012 | 20.69 % change on previous year | +21.5% |
| 2013 | 16.98 % change on previous year | -17.9% |
| 2014 | 10.73 % change on previous year | -36.8% |
| 2015 | 10.65 % change on previous year | -0.8% |
| 2016 | 6.47 % change on previous year | -39.2% |
| 2017 | 7.08 % change on previous year | +9.5% |
| 2018 | 2.52 % change on previous year | -64.4% |
| 2019 | 1.63 % change on previous year | -35.2% |
| 2020 | -34.4 % change on previous year | -2205.2% |
| 2021 | 29.66 % change on previous year | -186.2% |
| 2022 | 12.65 % change on previous year | -57.3% |
| 2023 | 10.89 % change on previous year | -13.9% |
| 2024 | -2.96 % change on previous year | -127.1% |
| 2025 | 2.48 % change on previous year | -184.0% |
Panama compared with similar countries
- Panama's 2.48 % change on previous year is above the median for high income countries, which is 1.92 % change on previous year, 1.3× the median. (69 countries reporting)
- Panama's 2.48 % change on previous year is above the median for Latin America & Caribbean, which is 2.15 % change on previous year, 1.2× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value … 2015 rate annual growth in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -2205.2% | 1.63 % change on previous year | -34.4 % change on previous year |
| 1996 | -1509.3% | 1.4 % change on previous year | -19.76 % change on previous year |
| 1988 | -1426.9% | 1.59 % change on previous year | -21.04 % change on previous year |
| 2001 | -1227.1% | -0.6796 % change on previous year | -9.02 % change on previous year |
| 2003 | +944.2% | 0.9977 % change on previous year | 10.42 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.83 % change on previous year | -7.69 % change on previous year | 12.44 % change on previous year | 9 |
| 1980s | -0.1471 % change on previous year | -21.04 % change on previous year | 9.99 % change on previous year | 10 |
| 1990s | 6.23 % change on previous year | -19.76 % change on previous year | 15.26 % change on previous year | 10 |
| 2000s | 6.45 % change on previous year | -9.02 % change on previous year | 16.32 % change on previous year | 10 |
| 2010s | 10.09 % change on previous year | 1.63 % change on previous year | 20.69 % change on previous year | 10 |
| 2020s | 3.06 % change on previous year | -34.4 % change on previous year | 29.66 % change on previous year | 6 |
Countries ranked near Panama
- 98 Lithuania 2.55 % change on previous year compare
- 99 Saint Kitts and Nevis 2.5 % change on previous year compare
- 100 Uruguay 2.5 % change on previous year compare
- 102 Argentina 2.41 % change on previous year compare
- 103 Bahrain 2.31 % change on previous year compare
- 104 Ghana 2.3 % change on previous year 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)
- SDRs holdings, US dollar, annual growth rate 3.53 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0058 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 114.24 units per person (2025)
- SDRs holdings, SDR, annual growth rate -1.41 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0042 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 83.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.73 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0049 units per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Panama?
- Industry (including construction), value added (constant 2015 us$) in Panama was 2.48 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Panama?
- The highest recorded value was 29.66 % change on previous year in 2021.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Panama?
- The lowest recorded value was -34.4 % change on previous year in 2020.
- How does Panama rank for industry (including construction), value added (constant 2015 us$)?
- Panama ranks 101st out of 195 countries with data for 2025.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Panama?
- Over the last ten years it is down 76.7%. The long-run trend across the full record is volatile.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.