Manufacturing, value added in Panama
Panama: Manufacturing, value added was 4.34 billion current US$ in 2025. ◆ Volatile
Manufacturing, value added in Panama, 1970–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2025, manufacturing, value added in Panama stood at 4.34 billion current US$. That is the highest value across all 56 years on record.
That represents a change of up 1.6% on the previous year and up 24.3% over ten years.
Over the whole period, manufacturing, value added in Panama peaked at 4.34 billion current US$ in 2025 and was at its lowest, 279.64 million current US$, in 1970.
That places Panama 99th out of 205 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Panama, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 279.64 million current US$ | — |
| 1971 | 298.53 million current US$ | +6.8% |
| 1972 | 309.73 million current US$ | +3.8% |
| 1973 | 353.66 million current US$ | +14.2% |
| 1974 | 443.73 million current US$ | +25.5% |
| 1975 | 518.41 million current US$ | +16.8% |
| 1976 | 477.34 million current US$ | -7.9% |
| 1977 | 514.02 million current US$ | +7.7% |
| 1978 | 554.88 million current US$ | +7.9% |
| 1979 | 644.28 million current US$ | +16.1% |
| 1980 | 799.15 million current US$ | +24.0% |
| 1981 | 805.82 million current US$ | +0.8% |
| 1982 | 849.16 million current US$ | +5.4% |
| 1983 | 955.06 million current US$ | +12.5% |
| 1984 | 1.04 billion current US$ | +8.5% |
| 1985 | 1.27 billion current US$ | +22.4% |
| 1986 | 1.21 billion current US$ | -5.0% |
| 1987 | 1.16 billion current US$ | -4.0% |
| 1988 | 888.38 million current US$ | -23.2% |
| 1989 | 874.65 million current US$ | -1.5% |
| 1990 | 984.87 million current US$ | +12.6% |
| 1991 | 1.10 billion current US$ | +11.6% |
| 1992 | 1.22 billion current US$ | +10.8% |
| 1993 | 1.26 billion current US$ | +3.3% |
| 1994 | 1.30 billion current US$ | +3.7% |
| 1995 | 1.36 billion current US$ | +4.4% |
| 1996 | 1.09 billion current US$ | -19.6% |
| 1997 | 1.09 billion current US$ | -0.5% |
| 1998 | 1.17 billion current US$ | +7.4% |
| 1999 | 1.23 billion current US$ | +4.9% |
| 2000 | 1.18 billion current US$ | -4.0% |
| 2001 | 1.13 billion current US$ | -4.1% |
| 2002 | 1.09 billion current US$ | -3.8% |
| 2003 | 1.11 billion current US$ | +1.5% |
| 2004 | 1.19 billion current US$ | +7.9% |
| 2005 | 1.28 billion current US$ | +7.0% |
| 2006 | 1.38 billion current US$ | +8.3% |
| 2007 | 1.52 billion current US$ | +10.3% |
| 2008 | 1.78 billion current US$ | +16.9% |
| 2009 | 1.98 billion current US$ | +11.2% |
| 2010 | 2.10 billion current US$ | +5.9% |
| 2011 | 2.21 billion current US$ | +5.4% |
| 2012 | 2.54 billion current US$ | +14.7% |
| 2013 | 3.05 billion current US$ | +20.2% |
| 2014 | 3.33 billion current US$ | +9.2% |
| 2015 | 3.49 billion current US$ | +5.0% |
| 2016 | 3.62 billion current US$ | +3.6% |
| 2017 | 3.81 billion current US$ | +5.5% |
| 2018 | 3.87 billion current US$ | +1.4% |
| 2019 | 3.96 billion current US$ | +2.4% |
| 2020 | 3.23 billion current US$ | -18.3% |
| 2021 | 3.56 billion current US$ | +10.1% |
| 2022 | 3.88 billion current US$ | +9.1% |
| 2023 | 4.15 billion current US$ | +6.9% |
| 2024 | 4.27 billion current US$ | +3.0% |
| 2025 | 4.34 billion current US$ | +1.6% |
Panama compared with similar countries
- Panama's 4.34 billion current US$ is below the median for high income countries, which is 12.50 billion current US$, 35% of the median. (75 countries reporting)
- Panama's 4.34 billion current US$ is above the median for Latin America & Caribbean, which is 3.69 billion current US$, 1.2× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 439.42 million current US$ | 279.64 million current US$ | 644.28 million current US$ | 10 |
| 1980s | 984.02 million current US$ | 799.15 million current US$ | 1.27 billion current US$ | 10 |
| 1990s | 1.18 billion current US$ | 984.87 million current US$ | 1.36 billion current US$ | 10 |
| 2000s | 1.36 billion current US$ | 1.09 billion current US$ | 1.98 billion current US$ | 10 |
| 2010s | 3.20 billion current US$ | 2.10 billion current US$ | 3.96 billion current US$ | 10 |
| 2020s | 3.91 billion current US$ | 3.23 billion current US$ | 4.34 billion current US$ | 6 |
Countries ranked near Panama
- 96 Latvia 4.86 billion current US$ compare
- 97 El Salvador 4.65 billion current US$ compare
- 98 Azerbaijan 4.54 billion current US$ compare
- 100 Gabon 4.09 billion current US$ compare
- 101 Bosnia and Herzegovina 3.92 billion current US$ compare
- 102 Hong Kong 3.82 billion current US$ 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$), annual growth rate -8.97 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Panama?
- Manufacturing, value added in Panama was 4.34 billion current US$ 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 4.34 billion current US$ in 2025.
- What is the lowest manufacturing, value added recorded in Panama?
- The lowest recorded value was 279.64 million current US$ in 1970.
- How does Panama rank for manufacturing, value added?
- Panama ranks 99th out of 205 countries with data for 2025.
- Is manufacturing, value added rising or falling in Panama?
- Over the last ten years it is up 24.3%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.