Share of manufacturing in gross domestic product (GDP) in Panama
Panama: Share of manufacturing in gross domestic product (GDP) was 4.8% in 2025. ▼ Falling
Share of manufacturing in gross domestic product (GDP) in Panama, 1970–2025
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Panama recorded 4.8% for share of manufacturing in gross domestic product (gdp) in 2025. That is the lowest value across all 56 years on record.
The figure is down 2.9% on the previous year and down 23.4% over ten years.
Over the whole period, share of manufacturing in gross domestic product (gdp) in Panama peaked at 21.3% in 1975 and was at its lowest, 4.8%, in 2025.
Panama ranks 159th of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 56 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.1% | 17.1% | 21.3% | 10 |
| 1980s | 16.4% | 14.7% | 19.4% | 10 |
| 1990s | 13.2% | 10.5% | 15.5% | 10 |
| 2000s | 8.0% | 6.9% | 9.9% | 10 |
| 2010s | 6.2% | 5.7% | 6.9% | 10 |
| 2020s | 5.1% | 4.8% | 5.7% | 6 |
Countries ranked near Panama
More economy & growth data for Panama
- External balance on goods and services as a percent of GDP 5.0% (2024)
- Inflation of consumer prices -0.2% (2025)
- GDP per capita 17,650 constant 2015 US$ (2025)
- Gross domestic product (GDP) 80.68 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 17,650 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -218.83 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -218.83 million current US$ (2024)
- Taxes less subsidies on products 2.23 billion current LCU (2025)
- Taxes less subsidies on products 2.23 billion current US$ (2025)
Frequently asked questions
- What is share of manufacturing in gross domestic product (gdp) in Panama?
- Share of manufacturing in gross domestic product (gdp) in Panama was 4.8% in 2025, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in Panama?
- The highest recorded value was 21.3% in 1975.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Panama?
- The lowest recorded value was 4.8% in 2025.
- How does Panama rank for share of manufacturing in gross domestic product (gdp)?
- Panama ranks 159th out of 202 countries with data for 2025.
- Is share of manufacturing in gross domestic product (gdp) rising or falling in Panama?
- Over the last ten years it is down 23.4%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.