Medium and high-tech manufacturing value added in Panama
Panama: Medium and high-tech manufacturing value added was 6.5% in 2022. ▼ Falling
Medium and high-tech manufacturing value added in Panama, 1990–2022
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufacturing value added.
Analysis
The most recent figure for medium and high-tech manufacturing value added in Panama is 6.5%, measured in 2022.
The figure is down 5.0% over ten years.
Over the whole period, medium and high-tech manufacturing value added in Panama peaked at 10.8% in 1995 and was at its lowest, 5.9%, in 1992.
That places Panama 129th out of 153 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 33 years of available data.
Medium and high-tech manufacturing value added in Panama, year by year
| Year | % manufacturing value added | Change |
|---|---|---|
| 1990 | 10.4% | — |
| 1991 | 10.3% | -1.0% |
| 1992 | 5.9% | -42.6% |
| 1993 | 7.4% | +25.1% |
| 1994 | 7.3% | -1.8% |
| 1995 | 10.8% | +48.8% |
| 1996 | 6.9% | -36.3% |
| 1997 | 6.9% | -0.3% |
| 1998 | 6.7% | -2.8% |
| 1999 | 5.9% | -11.0% |
| 2000 | 6.7% | +13.1% |
| 2001 | 6.1% | -8.9% |
| 2002 | 8.3% | +35.8% |
| 2003 | 8.2% | -1.8% |
| 2004 | 8.2% | +0.0% |
| 2005 | 8.3% | +1.9% |
| 2006 | 8.3% | +0.0% |
| 2007 | 8.3% | +0.0% |
| 2008 | 8.3% | +0.0% |
| 2009 | 6.5% | -21.7% |
| 2010 | 6.5% | +0.0% |
| 2011 | 6.7% | +2.4% |
| 2012 | 6.8% | +2.2% |
| 2013 | 6.4% | -6.5% |
| 2014 | 8.2% | +29.0% |
| 2015 | 8.2% | -0.2% |
| 2016 | 8.2% | -0.1% |
| 2017 | 8.5% | +4.1% |
| 2018 | 8.5% | +0.0% |
| 2019 | 8.3% | -2.5% |
| 2020 | 8.3% | +0.0% |
| 2021 | 6.5% | -22.1% |
| 2022 | 6.5% | +0.0% |
Panama compared with similar countries
- Panama's 6.5% is below the median for high income countries, which is 38.1%, 17% of the median. (57 countries reporting)
- Panama's 6.5% is below the median for Latin America & Caribbean, which is 18.6%, 35% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Medium and high-tech manufacturing value added in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +48.8% | 7.3% | 10.8% |
| 1992 | -42.6% | 10.3% | 5.9% |
| 1996 | -36.3% | 10.8% | 6.9% |
| 2002 | +35.8% | 6.1% | 8.3% |
| 2014 | +29.0% | 6.4% | 8.2% |
| 1993 | +25.1% | 5.9% | 7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.9% | 5.9% | 10.8% | 10 |
| 2000s | 7.7% | 6.1% | 8.3% | 10 |
| 2010s | 7.6% | 6.4% | 8.5% | 10 |
| 2020s | 7.1% | 6.5% | 8.3% | 3 |
Countries ranked near Panama
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 medium and high-tech manufacturing value added in Panama?
- Medium and high-tech manufacturing value added in Panama was 6.5% in 2022, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech manufacturing value added recorded in Panama?
- The highest recorded value was 10.8% in 1995.
- What is the lowest medium and high-tech manufacturing value added recorded in Panama?
- The lowest recorded value was 5.9% in 1992.
- How does Panama rank for medium and high-tech manufacturing value added?
- Panama ranks 129th out of 153 countries with data for 2022.
- Is medium and high-tech manufacturing value added rising or falling in Panama?
- Over the last ten years it is down 5.0%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech manufacturing value added (% manufacturing value added). Statizoid updates them automatically from the source API.
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About this data
The proportion of medium and high-tech industry value added in total value added of manufacturing