Manufacturing, value added in Panama
Panama: Manufacturing, value added was 3.85 billion constant LCU in 2025. ▲ Rising
Manufacturing, value added in Panama, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Panama recorded 3.85 billion constant LCU for manufacturing, value added in 2025.
Compared with earlier readings it is up 1.1% on the previous year and up 4.3% over ten years.
Over the whole period, manufacturing, value added in Panama peaked at 3.87 billion constant LCU in 2018 and was at its lowest, 1.29 billion constant LCU, in 1970.
That places Panama 136th out of 192 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 56 years of available data.
Manufacturing, value added in Panama, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 1.29 billion constant LCU | — |
| 1971 | 1.38 billion constant LCU | +6.4% |
| 1972 | 1.44 billion constant LCU | +4.6% |
| 1973 | 1.53 billion constant LCU | +6.3% |
| 1974 | 1.55 billion constant LCU | +1.3% |
| 1975 | 1.50 billion constant LCU | -3.6% |
| 1976 | 1.53 billion constant LCU | +2.5% |
| 1977 | 1.55 billion constant LCU | +1.2% |
| 1978 | 1.58 billion constant LCU | +1.6% |
| 1979 | 1.75 billion constant LCU | +11.0% |
| 1980 | 1.82 billion constant LCU | +4.1% |
| 1981 | 1.77 billion constant LCU | -2.5% |
| 1982 | 1.84 billion constant LCU | +3.6% |
| 1983 | 1.80 billion constant LCU | -2.1% |
| 1984 | 1.92 billion constant LCU | +6.8% |
| 1985 | 2.03 billion constant LCU | +5.6% |
| 1986 | 2.04 billion constant LCU | +0.7% |
| 1987 | 2.18 billion constant LCU | +6.9% |
| 1988 | 1.69 billion constant LCU | -22.5% |
| 1989 | 1.72 billion constant LCU | +1.3% |
| 1990 | 1.95 billion constant LCU | +13.8% |
| 1991 | 2.16 billion constant LCU | +10.5% |
| 1992 | 2.35 billion constant LCU | +9.2% |
| 1993 | 2.50 billion constant LCU | +6.3% |
| 1994 | 2.61 billion constant LCU | +4.3% |
| 1995 | 2.61 billion constant LCU | +0.2% |
| 1996 | 2.16 billion constant LCU | -17.4% |
| 1997 | 2.28 billion constant LCU | +5.4% |
| 1998 | 2.37 billion constant LCU | +4.3% |
| 1999 | 2.45 billion constant LCU | +3.1% |
| 2000 | 2.32 billion constant LCU | -5.3% |
| 2001 | 2.22 billion constant LCU | -4.4% |
| 2002 | 2.20 billion constant LCU | -0.5% |
| 2003 | 2.17 billion constant LCU | -1.5% |
| 2004 | 2.27 billion constant LCU | +4.4% |
| 2005 | 2.41 billion constant LCU | +6.4% |
| 2006 | 2.56 billion constant LCU | +6.0% |
| 2007 | 2.76 billion constant LCU | +8.1% |
| 2008 | 2.87 billion constant LCU | +3.8% |
| 2009 | 2.82 billion constant LCU | -1.7% |
| 2010 | 2.91 billion constant LCU | +3.3% |
| 2011 | 3.08 billion constant LCU | +5.8% |
| 2012 | 3.31 billion constant LCU | +7.5% |
| 2013 | 3.43 billion constant LCU | +3.6% |
| 2014 | 3.57 billion constant LCU | +4.0% |
| 2015 | 3.69 billion constant LCU | +3.4% |
| 2016 | 3.73 billion constant LCU | +0.9% |
| 2017 | 3.85 billion constant LCU | +3.3% |
| 2018 | 3.87 billion constant LCU | +0.5% |
| 2019 | 3.83 billion constant LCU | -1.1% |
| 2020 | 3.06 billion constant LCU | -20.1% |
| 2021 | 3.39 billion constant LCU | +11.0% |
| 2022 | 3.63 billion constant LCU | +7.1% |
| 2023 | 3.73 billion constant LCU | +2.8% |
| 2024 | 3.81 billion constant LCU | +2.0% |
| 2025 | 3.85 billion constant LCU | +1.1% |
Panama compared with similar countries
- Panama's 3.85 billion constant LCU is below the median for high income countries, which is 29.35 billion constant LCU, 13% of the median. (67 countries reporting)
- Panama's 3.85 billion constant LCU is below the median for Latin America & Caribbean, which is 15.63 billion constant LCU, 25% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.51 billion constant LCU | 1.29 billion constant LCU | 1.75 billion constant LCU | 10 |
| 1980s | 1.88 billion constant LCU | 1.69 billion constant LCU | 2.18 billion constant LCU | 10 |
| 1990s | 2.34 billion constant LCU | 1.95 billion constant LCU | 2.61 billion constant LCU | 10 |
| 2000s | 2.46 billion constant LCU | 2.17 billion constant LCU | 2.87 billion constant LCU | 10 |
| 2010s | 3.53 billion constant LCU | 2.91 billion constant LCU | 3.87 billion constant LCU | 10 |
| 2020s | 3.58 billion constant LCU | 3.06 billion constant LCU | 3.85 billion constant LCU | 6 |
Countries ranked near Panama
- 133 Georgia 5.58 billion constant LCU compare
- 134 Bosnia and Herzegovina 5.39 billion constant LCU compare
- 135 Sierra Leone 4.11 billion constant LCU compare
- 137 Oman 3.71 billion constant LCU compare
- 138 Luxembourg 3.70 billion constant LCU compare
- 139 El Salvador 3.68 billion constant LCU 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -870.79 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0096 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -190.5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 938.47 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -55.01 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0104 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 205.3 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Panama?
- Manufacturing, value added in Panama was 3.85 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Panama?
- The highest recorded value was 3.87 billion constant LCU in 2018.
- What is the lowest manufacturing, value added recorded in Panama?
- The lowest recorded value was 1.29 billion constant LCU in 1970.
- How does Panama rank for manufacturing, value added?
- Panama ranks 136th out of 192 countries with data for 2025.
- Is manufacturing, value added rising or falling in Panama?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.