Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Panama
Panama: Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices was 4.55 % in 2023. ▼ Falling
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Panama, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Panama recorded 4.55 % for value added (total manufacturing) — share of gdp us$, 2015 prices in 2023. That is the lowest value across all 54 years on record.
That represents a change of down 4.9% on the previous year and down 30.5% over ten years.
Over the whole period, value added (total manufacturing) — share of gdp us$, 2015 prices in Panama peaked at 20.9 % in 1970 and was at its lowest, 4.55 %, in 2023.
Panama ranks 162nd of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Panama, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 20.9 % | — |
| 1971 | 20.28 % | -3.0% |
| 1972 | 20.28 % | -0.0% |
| 1973 | 20.45 % | +0.8% |
| 1974 | 20.23 % | -1.1% |
| 1975 | 19.19 % | -5.1% |
| 1976 | 19.36 % | +0.9% |
| 1977 | 19.37 % | +0.1% |
| 1978 | 17.92 % | -7.5% |
| 1979 | 19.04 % | +6.3% |
| 1980 | 17.5 % | -8.1% |
| 1981 | 15.66 % | -10.5% |
| 1982 | 15.62 % | -0.3% |
| 1983 | 15.52 % | -0.6% |
| 1984 | 16.23 % | +4.6% |
| 1985 | 16.31 % | +0.5% |
| 1986 | 15.73 % | -3.6% |
| 1987 | 16.31 % | +3.7% |
| 1988 | 14.07 % | -13.7% |
| 1989 | 14.04 % | -0.3% |
| 1990 | 14.78 % | +5.3% |
| 1991 | 14.92 % | +1.0% |
| 1992 | 15.05 % | +0.9% |
| 1993 | 15.17 % | +0.8% |
| 1994 | 15.38 % | +1.4% |
| 1995 | 15.15 % | -1.5% |
| 1996 | 14.55 % | -3.9% |
| 1997 | 14.11 % | -3.0% |
| 1998 | 13.44 % | -4.8% |
| 1999 | 13.07 % | -2.7% |
| 2000 | 11.81 % | -9.6% |
| 2001 | 11.01 % | -6.8% |
| 2002 | 10.48 % | -4.7% |
| 2003 | 9.72 % | -7.3% |
| 2004 | 9.23 % | -5.1% |
| 2005 | 8.97 % | -2.8% |
| 2006 | 8.59 % | -4.3% |
| 2007 | 8.09 % | -5.8% |
| 2008 | 7.61 % | -5.9% |
| 2009 | 7.39 % | -2.9% |
| 2010 | 7.26 % | -1.8% |
| 2011 | 6.87 % | -5.3% |
| 2012 | 6.75 % | -1.7% |
| 2013 | 6.55 % | -3.1% |
| 2014 | 6.44 % | -1.7% |
| 2015 | 6.28 % | -2.4% |
| 2016 | 6.04 % | -3.9% |
| 2017 | 5.85 % | -3.1% |
| 2018 | 5.71 % | -2.6% |
| 2019 | 5.45 % | -4.5% |
| 2020 | 5.25 % | -3.7% |
| 2021 | 5.04 % | -3.9% |
| 2022 | 4.78 % | -5.1% |
| 2023 | 4.55 % | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19.7 % | 17.92 % | 20.9 % | 10 |
| 1980s | 15.7 % | 14.04 % | 17.5 % | 10 |
| 1990s | 14.56 % | 13.07 % | 15.38 % | 10 |
| 2000s | 9.29 % | 7.39 % | 11.81 % | 10 |
| 2010s | 6.32 % | 5.45 % | 7.26 % | 10 |
| 2020s | 4.91 % | 4.55 % | 5.25 % | 4 |
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)
- Manufacturing, value added (constant LCU), per capita 842.84 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 2.09 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.249 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 4,928 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 2.09 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.249 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 4,928 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.48 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — share of gdp us$, 2015 prices in Panama?
- Value added (total manufacturing) — share of gdp us$, 2015 prices in Panama was 4.55 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Panama?
- The highest recorded value was 20.9 % in 1970.
- What is the lowest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Panama?
- The lowest recorded value was 4.55 % in 2023.
- How does Panama rank for value added (total manufacturing) — share of gdp us$, 2015 prices?
- Panama ranks 162nd out of 203 countries with data for 2023.
- Is value added (total manufacturing) — share of gdp us$, 2015 prices rising or falling in Panama?
- Over the last ten years it is down 30.5%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).