Services, value added per worker in Panama
Panama: Services, value added per worker was 41,009 constant 2015 US$ in 2025. ▲ Rising
Services, value added per worker in Panama, 1991–2025
Source: World Development Indicators database, World Bank (WB). Measured in constant 2015 US$.
Analysis
In 2025, services, value added per worker in Panama stood at 41,009 constant 2015 US$. That is the highest value across all 35 years on record.
That represents a change of up 3.0% on the previous year and up 30.7% over ten years.
Over the whole period, services, value added per worker in Panama peaked at 41,009 constant 2015 US$ in 2025 and was at its lowest, 18,223 constant 2015 US$, in 1996.
Panama ranks 37th of 176 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19,615 constant 2015 US$ | 18,223 constant 2015 US$ | 21,474 constant 2015 US$ | 9 |
| 2000s | 22,377 constant 2015 US$ | 19,041 constant 2015 US$ | 29,012 constant 2015 US$ | 10 |
| 2010s | 31,824 constant 2015 US$ | 28,860 constant 2015 US$ | 33,004 constant 2015 US$ | 10 |
| 2020s | 37,360 constant 2015 US$ | 32,869 constant 2015 US$ | 41,009 constant 2015 US$ | 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)
- Share of manufacturing in gross domestic product (GDP) 4.8% (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)
Frequently asked questions
- What is services, value added per worker in Panama?
- Services, value added per worker in Panama was 41,009 constant 2015 US$ in 2025, according to World Development Indicators database, World Bank (WB).
- What is the highest services, value added per worker recorded in Panama?
- The highest recorded value was 41,009 constant 2015 US$ in 2025.
- What is the lowest services, value added per worker recorded in Panama?
- The lowest recorded value was 18,223 constant 2015 US$ in 1996.
- How does Panama rank for services, value added per worker?
- Panama ranks 37th out of 176 countries with data for 2025.
- Is services, value added per worker rising or falling in Panama?
- Over the last ten years it is up 30.7%. 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 Services, value added per worker (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 the economy 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.