Industry (including construction), value added (constant LCU), annual in Panama
Panama: Industry (including construction), value added (constant LCU), annual was 2.48 % change on previous year in 2025. ◆ Volatile
Industry (including construction), value added (constant LCU), annual in Panama, 1971–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Panama recorded 2.48 % change on previous year for industry (including construction), value added (constant lcu), annual in 2025.
The figure 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 lcu), annual 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.
That places Panama 101st out of 197 countries with data for 2025, putting it 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 LCU), annual 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 | -398.2% |
| 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 | -1427.0% |
| 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 | -1509.4% |
| 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 | -0.6797 % change on previous year | -105.1% |
| 2001 | -9.02 % change on previous year | +1226.9% |
| 2002 | 0.9976 % change on previous year | -111.1% |
| 2003 | 10.42 % change on previous year | +944.3% |
| 2004 | 9.86 % 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 | +9.4% |
| 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 | -2205.0% |
| 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% |
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 | -0.147 % 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)
- 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), 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)
- Services, value added (current US$), per capita 13,857 current US$ per person (2025)
Frequently asked questions
- What is industry (including construction), value added (constant lcu), annual in Panama?
- Industry (including construction), value added (constant lcu), annual 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 lcu), annual 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 lcu), annual 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 lcu), annual?
- Panama ranks 101st out of 197 countries with data for 2025.
- Is industry (including construction), value added (constant lcu), annual 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.