Industry (including construction), value added per worker (constant) in Panama
Panama: Industry (including construction), value added per worker (constant) was 52,194 constant 2015 US$ in 2025. ▲ Rising
Industry (including construction), value added per worker in Panama, 1991–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
The most recent figure for industry (including construction), value added per worker in Panama is 52,194 constant 2015 US$, measured in 2025.
Compared with earlier readings it is up 0.8% on the previous year and up 10.9% over ten years.
Over the whole period, industry (including construction), value added per worker in Panama peaked at 53,028 constant 2015 US$ in 2019 and was at its lowest, 15,770 constant 2015 US$, in 1996.
Panama ranks 34th of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Industry (including construction), value added per worker (constant) in Panama, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1991 | 22,393 constant 2015 US$ | — |
| 1992 | 20,105 constant 2015 US$ | -10.2% |
| 1993 | 21,385 constant 2015 US$ | +6.4% |
| 1994 | 20,646 constant 2015 US$ | -3.5% |
| 1995 | 20,518 constant 2015 US$ | -0.6% |
| 1996 | 15,770 constant 2015 US$ | -23.1% |
| 1997 | 16,580 constant 2015 US$ | +5.1% |
| 1998 | 17,031 constant 2015 US$ | +2.7% |
| 1999 | 18,729 constant 2015 US$ | +10.0% |
| 2000 | 18,914 constant 2015 US$ | +1.0% |
| 2001 | 16,758 constant 2015 US$ | -11.4% |
| 2002 | 16,725 constant 2015 US$ | -0.2% |
| 2003 | 17,784 constant 2015 US$ | +6.3% |
| 2004 | 18,417 constant 2015 US$ | +3.6% |
| 2005 | 19,454 constant 2015 US$ | +5.6% |
| 2006 | 20,394 constant 2015 US$ | +4.8% |
| 2007 | 21,583 constant 2015 US$ | +5.8% |
| 2008 | 24,216 constant 2015 US$ | +12.2% |
| 2009 | 25,276 constant 2015 US$ | +4.4% |
| 2010 | 26,610 constant 2015 US$ | +5.3% |
| 2011 | 30,770 constant 2015 US$ | +15.6% |
| 2012 | 36,146 constant 2015 US$ | +17.5% |
| 2013 | 36,963 constant 2015 US$ | +2.3% |
| 2014 | 40,560 constant 2015 US$ | +9.7% |
| 2015 | 47,044 constant 2015 US$ | +16.0% |
| 2016 | 49,790 constant 2015 US$ | +5.8% |
| 2017 | 52,296 constant 2015 US$ | +5.0% |
| 2018 | 50,474 constant 2015 US$ | -3.5% |
| 2019 | 53,028 constant 2015 US$ | +5.1% |
| 2020 | 38,794 constant 2015 US$ | -26.8% |
| 2021 | 49,115 constant 2015 US$ | +26.6% |
| 2022 | 47,712 constant 2015 US$ | -2.9% |
| 2023 | 52,825 constant 2015 US$ | +10.7% |
| 2024 | 51,800 constant 2015 US$ | -1.9% |
| 2025 | 52,194 constant 2015 US$ | +0.8% |
Panama compared with similar countries
- Panama's 52,194 constant 2015 US$ is below the median for high income countries, which is 65,514 constant 2015 US$, 80% of the median. (56 countries reporting)
- Panama's 52,194 constant 2015 US$ is above the median for Latin America & Caribbean, which is 18,545 constant 2015 US$, 2.8× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19,240 constant 2015 US$ | 15,770 constant 2015 US$ | 22,393 constant 2015 US$ | 9 |
| 2000s | 19,952 constant 2015 US$ | 16,725 constant 2015 US$ | 25,276 constant 2015 US$ | 10 |
| 2010s | 42,368 constant 2015 US$ | 26,610 constant 2015 US$ | 53,028 constant 2015 US$ | 10 |
| 2020s | 48,740 constant 2015 US$ | 38,794 constant 2015 US$ | 52,825 constant 2015 US$ | 6 |
Countries ranked near Panama
More economy & growth data for Panama
- Real gdp growth, annual growth rate 58.3 % change on previous year (2025)
- 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)
Frequently asked questions
- What is industry (including construction), value added per worker in Panama?
- Industry (including construction), value added per worker in Panama was 52,194 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest industry (including construction), value added per worker recorded in Panama?
- The highest recorded value was 53,028 constant 2015 US$ in 2019.
- What is the lowest industry (including construction), value added per worker recorded in Panama?
- The lowest recorded value was 15,770 constant 2015 US$ in 1996.
- How does Panama rank for industry (including construction), value added per worker?
- Panama ranks 34th out of 176 countries with data for 2025.
- Is industry (including construction), value added per worker rising or falling in Panama?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from World Development Indicators database, World Bank (WB), published as part of Industry (including construction), value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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 this sector 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.