Value Added (Total Manufacturing) — Value Standard Local Currency in Panama
Panama: Value Added (Total Manufacturing) — Value Standard Local Currency was 3,432 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Panama, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Panama recorded 3,432 million SLC for value added (total manufacturing) — value standard local currency in 2023.
The figure is up 2.0% on the previous year and up 5.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Panama peaked at 3,675 million SLC in 2018 and was at its lowest, 1,239 million SLC, in 1970.
Panama ranks 137th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,445 million SLC | 1,239 million SLC | 1,675 million SLC | 10 |
| 1980s | 1,833 million SLC | 1,649 million SLC | 2,127 million SLC | 10 |
| 1990s | 2,426 million SLC | 1,901 million SLC | 2,682 million SLC | 10 |
| 2000s | 2,413 million SLC | 2,195 million SLC | 2,657 million SLC | 10 |
| 2010s | 3,331 million SLC | 2,732 million SLC | 3,675 million SLC | 10 |
| 2020s | 3,218 million SLC | 2,874 million SLC | 3,432 million SLC | 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)
- Taxes less subsidies on products (current US$), annual growth rate 4.12 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0246 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 487.09 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 4.12 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0246 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 487.09 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (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 3,432 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Panama?
- The highest recorded value was 3,675 million SLC in 2018.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Panama?
- The lowest recorded value was 1,239 million SLC in 1970.
- How does Panama rank for value added (total manufacturing) — value standard local currency?
- Panama ranks 137th 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 5.6%. The long-run trend across the full record is rising.
- 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) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).