Industry (including construction), value added (constant 2015 US$) in Panama
Panama: Industry (including construction), value added (constant 2015 US$) was 252,232 constant 2015 US$ per square kilometre in 2023. ◆ Volatile
Latest (2023)
252,232 constant 2015 US$ per square kilometre
Change on year
up 10.9%
World rank
69th
of 193 countries
All-time high
252,232 constant 2015 US$ per square kilometre
in 2023
All-time low
20,546 constant 2015 US$ per square kilometre
in 1970
Years of data
54
1970–2023
Industry (including construction), value added (constant 2015 US$) in Panama, 1970–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, industry (including construction), value added (constant 2015 us$) in Panama stood at 252,232 constant 2015 US$ per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 10.9% on the previous year and up 55.0% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Panama peaked at 252,232 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 20,546 constant 2015 US$ per square kilometre, in 1970.
Panama ranks 69th of 193 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 added (constant 2015 US$) in Panama, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 1970 | 20,546 constant 2015 US$ per square kilometre | — |
| 1971 | 23,095 constant 2015 US$ per square kilometre | +12.4% |
| 1972 | 23,985 constant 2015 US$ per square kilometre | +3.9% |
| 1973 | 26,685 constant 2015 US$ per square kilometre | +11.3% |
| 1974 | 25,888 constant 2015 US$ per square kilometre | -3.0% |
| 1975 | 26,685 constant 2015 US$ per square kilometre | +3.1% |
| 1976 | 27,660 constant 2015 US$ per square kilometre | +3.7% |
| 1977 | 25,532 constant 2015 US$ per square kilometre | -7.7% |
| 1978 | 28,709 constant 2015 US$ per square kilometre | +12.4% |
| 1979 | 30,856 constant 2015 US$ per square kilometre | +7.5% |
| 1980 | 33,940 constant 2015 US$ per square kilometre | +10.0% |
| 1981 | 35,845 constant 2015 US$ per square kilometre | +5.6% |
| 1982 | 37,589 constant 2015 US$ per square kilometre | +4.9% |
| 1983 | 32,136 constant 2015 US$ per square kilometre | -14.5% |
| 1984 | 33,477 constant 2015 US$ per square kilometre | +4.2% |
| 1985 | 35,896 constant 2015 US$ per square kilometre | +7.2% |
| 1986 | 37,466 constant 2015 US$ per square kilometre | +4.4% |
| 1987 | 38,060 constant 2015 US$ per square kilometre | +1.6% |
| 1988 | 30,052 constant 2015 US$ per square kilometre | -21.0% |
| 1989 | 28,924 constant 2015 US$ per square kilometre | -3.8% |
| 1990 | 31,733 constant 2015 US$ per square kilometre | +9.7% |
| 1991 | 36,337 constant 2015 US$ per square kilometre | +14.5% |
| 1992 | 39,800 constant 2015 US$ per square kilometre | +9.5% |
| 1993 | 45,872 constant 2015 US$ per square kilometre | +15.3% |
| 1994 | 47,837 constant 2015 US$ per square kilometre | +4.3% |
| 1995 | 48,507 constant 2015 US$ per square kilometre | +1.4% |
| 1996 | 38,924 constant 2015 US$ per square kilometre | -19.8% |
| 1997 | 42,140 constant 2015 US$ per square kilometre | +8.3% |
| 1998 | 44,568 constant 2015 US$ per square kilometre | +5.8% |
| 1999 | 50,491 constant 2015 US$ per square kilometre | +13.3% |
| 2000 | 50,148 constant 2015 US$ per square kilometre | -0.7% |
| 2001 | 45,625 constant 2015 US$ per square kilometre | -9.0% |
| 2002 | 46,080 constant 2015 US$ per square kilometre | +1.0% |
| 2003 | 50,881 constant 2015 US$ per square kilometre | +10.4% |
| 2004 | 55,901 constant 2015 US$ per square kilometre | +9.9% |
| 2005 | 59,104 constant 2015 US$ per square kilometre | +5.7% |
| 2006 | 65,881 constant 2015 US$ per square kilometre | +11.5% |
| 2007 | 76,632 constant 2015 US$ per square kilometre | +16.3% |
| 2008 | 88,835 constant 2015 US$ per square kilometre | +15.9% |
| 2009 | 91,948 constant 2015 US$ per square kilometre | +3.5% |
| 2010 | 98,500 constant 2015 US$ per square kilometre | +7.1% |
| 2011 | 115,267 constant 2015 US$ per square kilometre | +17.0% |
| 2012 | 139,116 constant 2015 US$ per square kilometre | +20.7% |
| 2013 | 162,741 constant 2015 US$ per square kilometre | +17.0% |
| 2014 | 180,737 constant 2015 US$ per square kilometre | +11.1% |
| 2015 | 199,980 constant 2015 US$ per square kilometre | +10.6% |
| 2016 | 212,922 constant 2015 US$ per square kilometre | +6.5% |
| 2017 | 228,006 constant 2015 US$ per square kilometre | +7.1% |
| 2018 | 233,566 constant 2015 US$ per square kilometre | +2.4% |
| 2019 | 237,382 constant 2015 US$ per square kilometre | +1.6% |
| 2020 | 155,725 constant 2015 US$ per square kilometre | -34.4% |
| 2021 | 201,908 constant 2015 US$ per square kilometre | +29.7% |
| 2022 | 227,458 constant 2015 US$ per square kilometre | +12.7% |
| 2023 | 252,232 constant 2015 US$ per square kilometre | +10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25,964 constant 2015 US$ per square kilometre | 20,546 constant 2015 US$ per square kilometre | 30,856 constant 2015 US$ per square kilometre | 10 |
| 1980s | 34,338 constant 2015 US$ per square kilometre | 28,924 constant 2015 US$ per square kilometre | 38,060 constant 2015 US$ per square kilometre | 10 |
| 1990s | 42,621 constant 2015 US$ per square kilometre | 31,733 constant 2015 US$ per square kilometre | 50,491 constant 2015 US$ per square kilometre | 10 |
| 2000s | 63,104 constant 2015 US$ per square kilometre | 45,625 constant 2015 US$ per square kilometre | 91,948 constant 2015 US$ per square kilometre | 10 |
| 2010s | 180,822 constant 2015 US$ per square kilometre | 98,500 constant 2015 US$ per square kilometre | 237,382 constant 2015 US$ per square kilometre | 10 |
| 2020s | 209,331 constant 2015 US$ per square kilometre | 155,725 constant 2015 US$ per square kilometre | 252,232 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Panama
- 66 Jamaica 270,436 constant 2015 US$ per square kilometre compare
- 67 Greece 266,334 constant 2015 US$ per square kilometre compare
- 68 Azerbaijan 259,626 constant 2015 US$ per square kilometre compare
- 70 Croatia 246,074 constant 2015 US$ per square kilometre compare
- 71 Romania 238,363 constant 2015 US$ per square kilometre compare
- 72 Indonesia 234,309 constant 2015 US$ per square kilometre 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)
- Industry (including construction), value added (constant 2015 US$) 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2057 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 4,071 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 2.48 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 0.2264 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 4,480 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 5.57 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.7002 current US$ 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 252,232 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Panama?
- The highest recorded value was 252,232 constant 2015 US$ per square kilometre in 2023.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Panama?
- The lowest recorded value was 20,546 constant 2015 US$ per square kilometre in 1970.
- How does Panama rank for industry (including construction), value added (constant 2015 us$)?
- Panama ranks 69th out of 193 countries with data for 2023.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Panama?
- Over the last ten years it is up 55.0%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Industry (including construction), value added (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Industry (including construction), value added (constant 2015 US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.