Value Added (Total Manufacturing) — Value Standard Local Currency in Panama
Panama: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0463 million SLC per square kilometre in 2023. ▲ Rising
Latest (2023)
0.0463 million SLC per square kilometre
Change on year
up 2.0%
World rank
166th
of 194 countries
All-time high
0.0495 million SLC per square kilometre
in 2018
All-time low
0.0167 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Value Added (Total Manufacturing) — Value Standard Local Currency in Panama, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Panama stood at 0.0463 million SLC per square kilometre.
The figure is up 2.0% on the previous year and up 5.8% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Panama peaked at 0.0495 million SLC per square kilometre in 2018 and was at its lowest, 0.0167 million SLC per square kilometre, in 1970.
Panama ranks 166th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Panama, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0167 million SLC per square kilometre | — |
| 1971 | 0.0177 million SLC per square kilometre | +6.4% |
| 1972 | 0.0185 million SLC per square kilometre | +4.6% |
| 1973 | 0.0197 million SLC per square kilometre | +6.3% |
| 1974 | 0.02 million SLC per square kilometre | +1.3% |
| 1975 | 0.0193 million SLC per square kilometre | -3.6% |
| 1976 | 0.0197 million SLC per square kilometre | +2.5% |
| 1977 | 0.02 million SLC per square kilometre | +1.2% |
| 1978 | 0.0203 million SLC per square kilometre | +1.6% |
| 1979 | 0.0225 million SLC per square kilometre | +11.0% |
| 1980 | 0.0239 million SLC per square kilometre | +5.9% |
| 1981 | 0.0232 million SLC per square kilometre | -2.5% |
| 1982 | 0.0241 million SLC per square kilometre | +3.6% |
| 1983 | 0.0236 million SLC per square kilometre | -2.1% |
| 1984 | 0.0252 million SLC per square kilometre | +6.8% |
| 1985 | 0.0266 million SLC per square kilometre | +5.6% |
| 1986 | 0.0268 million SLC per square kilometre | +0.7% |
| 1987 | 0.0286 million SLC per square kilometre | +6.9% |
| 1988 | 0.0222 million SLC per square kilometre | -22.5% |
| 1989 | 0.0225 million SLC per square kilometre | +1.3% |
| 1990 | 0.0256 million SLC per square kilometre | +13.8% |
| 1991 | 0.0282 million SLC per square kilometre | +10.5% |
| 1992 | 0.0308 million SLC per square kilometre | +9.2% |
| 1993 | 0.0328 million SLC per square kilometre | +6.3% |
| 1994 | 0.0342 million SLC per square kilometre | +4.3% |
| 1995 | 0.0342 million SLC per square kilometre | +0.2% |
| 1996 | 0.0338 million SLC per square kilometre | -1.3% |
| 1997 | 0.0349 million SLC per square kilometre | +3.3% |
| 1998 | 0.0357 million SLC per square kilometre | +2.2% |
| 1999 | 0.0361 million SLC per square kilometre | +1.1% |
| 2000 | 0.0335 million SLC per square kilometre | -7.2% |
| 2001 | 0.0314 million SLC per square kilometre | -6.3% |
| 2002 | 0.0306 million SLC per square kilometre | -2.6% |
| 2003 | 0.0295 million SLC per square kilometre | -3.4% |
| 2004 | 0.0301 million SLC per square kilometre | +2.1% |
| 2005 | 0.0314 million SLC per square kilometre | +4.2% |
| 2006 | 0.0326 million SLC per square kilometre | +3.9% |
| 2007 | 0.0345 million SLC per square kilometre | +5.6% |
| 2008 | 0.0357 million SLC per square kilometre | +3.7% |
| 2009 | 0.0352 million SLC per square kilometre | -1.4% |
| 2010 | 0.0368 million SLC per square kilometre | +4.3% |
| 2011 | 0.0389 million SLC per square kilometre | +5.7% |
| 2012 | 0.0421 million SLC per square kilometre | +8.2% |
| 2013 | 0.0437 million SLC per square kilometre | +4.0% |
| 2014 | 0.0454 million SLC per square kilometre | +3.9% |
| 2015 | 0.047 million SLC per square kilometre | +3.5% |
| 2016 | 0.0476 million SLC per square kilometre | +1.2% |
| 2017 | 0.0489 million SLC per square kilometre | +2.7% |
| 2018 | 0.0495 million SLC per square kilometre | +1.3% |
| 2019 | 0.0489 million SLC per square kilometre | -1.4% |
| 2020 | 0.0387 million SLC per square kilometre | -20.7% |
| 2021 | 0.0431 million SLC per square kilometre | +11.4% |
| 2022 | 0.0454 million SLC per square kilometre | +5.1% |
| 2023 | 0.0463 million SLC per square kilometre | +2.0% |
Panama compared with similar countries
- Panama's 0.0463 million SLC per square kilometre is below the median for high income countries, which is 0.7488 million SLC per square kilometre, 6% of the median. (73 countries reporting)
- Panama's 0.0463 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 0.3504 million SLC per square kilometre, 13% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0194 million SLC per square kilometre | 0.0167 million SLC per square kilometre | 0.0225 million SLC per square kilometre | 10 |
| 1980s | 0.0247 million SLC per square kilometre | 0.0222 million SLC per square kilometre | 0.0286 million SLC per square kilometre | 10 |
| 1990s | 0.0326 million SLC per square kilometre | 0.0256 million SLC per square kilometre | 0.0361 million SLC per square kilometre | 10 |
| 2000s | 0.0325 million SLC per square kilometre | 0.0295 million SLC per square kilometre | 0.0357 million SLC per square kilometre | 10 |
| 2010s | 0.0449 million SLC per square kilometre | 0.0368 million SLC per square kilometre | 0.0495 million SLC per square kilometre | 10 |
| 2020s | 0.0434 million SLC per square kilometre | 0.0387 million SLC per square kilometre | 0.0463 million SLC per square kilometre | 4 |
Countries ranked near Panama
- 163 Azerbaijan 0.0558 million SLC per square kilometre compare
- 164 Fiji 0.0538 million SLC per square kilometre compare
- 165 Latvia 0.0513 million SLC per square kilometre compare
- 167 Sierra Leone 0.0356 million SLC per square kilometre compare
- 168 Solomon Islands 0.0333 million SLC per square kilometre compare
- 169 Samoa 0.0304 million SLC per square kilometre 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 value added (total manufacturing) — value standard local currency in Panama?
- Value added (total manufacturing) — value standard local currency in Panama was 0.0463 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Panama?
- The highest recorded value was 0.0495 million SLC per square kilometre in 2018.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Panama?
- The lowest recorded value was 0.0167 million SLC per square kilometre in 1970.
- How does Panama rank for value added (total manufacturing) — value standard local currency?
- Panama ranks 166th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Panama?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is rising.
- Where does this Panama data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices ÷ Land area (sq. km)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.