Value Added (Total Manufacturing) — Value Standard Local Currency in Panama

Panama: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0526 million SLC per square kilometre in 2023. ◆ Volatile

Latest (2023)
0.0526 million SLC per square kilometre
Change on year
up 2.7%
World rank
172nd
of 194 countries
All-time high
0.0532 million SLC per square kilometre
in 2019
All-time low
0.003 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

00.020.040.06197019962023

Source: Statizoid (derived). Measured in million SLC per square kilometre.

Analysis

The most recent figure for value added (total manufacturing) — value standard local currency in Panama is 0.0526 million SLC per square kilometre, measured in 2023.

The figure is up 2.7% on the previous year and up 28.7% over ten years.

Over the whole period, value added (total manufacturing) — value standard local currency in Panama peaked at 0.0532 million SLC per square kilometre in 2019 and was at its lowest, 0.003 million SLC per square kilometre, in 1970.

That places Panama 172nd out of 194 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Total Manufacturing) — Value Standard Local Currency in Panama, year by year

Annual values for Value Added (Total Manufacturing) — Value Standard Local Currency, per square kilometre in Panama, 1970 to 2023.
Year million SLC per square kilometre Change
1970 0.003 million SLC per square kilometre —
1971 0.0032 million SLC per square kilometre +6.8%
1972 0.0033 million SLC per square kilometre +3.8%
1973 0.0038 million SLC per square kilometre +14.2%
1974 0.0048 million SLC per square kilometre +25.5%
1975 0.0056 million SLC per square kilometre +16.8%
1976 0.0051 million SLC per square kilometre -7.9%
1977 0.0055 million SLC per square kilometre +7.7%
1978 0.006 million SLC per square kilometre +7.9%
1979 0.0069 million SLC per square kilometre +16.1%
1980 0.0084 million SLC per square kilometre +21.4%
1981 0.0085 million SLC per square kilometre +0.8%
1982 0.0089 million SLC per square kilometre +5.4%
1983 0.01 million SLC per square kilometre +12.5%
1984 0.0109 million SLC per square kilometre +8.5%
1985 0.0133 million SLC per square kilometre +22.4%
1986 0.0127 million SLC per square kilometre -5.0%
1987 0.0122 million SLC per square kilometre -4.0%
1988 0.0093 million SLC per square kilometre -23.2%
1989 0.0092 million SLC per square kilometre -1.5%
1990 0.0104 million SLC per square kilometre +12.6%
1991 0.0116 million SLC per square kilometre +11.6%
1992 0.0128 million SLC per square kilometre +10.8%
1993 0.0132 million SLC per square kilometre +3.3%
1994 0.0137 million SLC per square kilometre +3.7%
1995 0.0143 million SLC per square kilometre +4.4%
1996 0.0147 million SLC per square kilometre +2.4%
1997 0.0143 million SLC per square kilometre -2.5%
1998 0.015 million SLC per square kilometre +5.3%
1999 0.0155 million SLC per square kilometre +2.9%
2000 0.0146 million SLC per square kilometre -5.8%
2001 0.0137 million SLC per square kilometre -6.0%
2002 0.0129 million SLC per square kilometre -5.8%
2003 0.0129 million SLC per square kilometre -0.4%
2004 0.0136 million SLC per square kilometre +5.6%
2005 0.0142 million SLC per square kilometre +4.8%
2006 0.0151 million SLC per square kilometre +6.1%
2007 0.0205 million SLC per square kilometre +35.9%
2008 0.0239 million SLC per square kilometre +16.7%
2009 0.0266 million SLC per square kilometre +11.0%
2010 0.0281 million SLC per square kilometre +5.8%
2011 0.0296 million SLC per square kilometre +5.3%
2012 0.034 million SLC per square kilometre +14.9%
2013 0.0409 million SLC per square kilometre +20.3%
2014 0.0448 million SLC per square kilometre +9.6%
2015 0.047 million SLC per square kilometre +5.0%
2016 0.0487 million SLC per square kilometre +3.5%
2017 0.0513 million SLC per square kilometre +5.4%
2018 0.0519 million SLC per square kilometre +1.2%
2019 0.0532 million SLC per square kilometre +2.4%
2020 0.0431 million SLC per square kilometre -18.9%
2021 0.0473 million SLC per square kilometre +9.6%
2022 0.0513 million SLC per square kilometre +8.4%
2023 0.0526 million SLC per square kilometre +2.7%

Panama compared with similar countries

  • Panama's 0.0526 million SLC per square kilometre is below the median for high income countries, which is 0.9102 million SLC per square kilometre, 6% of the median. (73 countries reporting)
  • Panama's 0.0526 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 0.3946 million SLC per square kilometre, 13% of the median. (38 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.0047 million SLC per square kilometre 0.003 million SLC per square kilometre 0.0069 million SLC per square kilometre 10
1980s 0.0103 million SLC per square kilometre 0.0084 million SLC per square kilometre 0.0133 million SLC per square kilometre 10
1990s 0.0135 million SLC per square kilometre 0.0104 million SLC per square kilometre 0.0155 million SLC per square kilometre 10
2000s 0.0168 million SLC per square kilometre 0.0129 million SLC per square kilometre 0.0266 million SLC per square kilometre 10
2010s 0.043 million SLC per square kilometre 0.0281 million SLC per square kilometre 0.0532 million SLC per square kilometre 10
2020s 0.0486 million SLC per square kilometre 0.0431 million SLC per square kilometre 0.0526 million SLC per square kilometre 4

Countries ranked near Panama

  1. 169 Fiji 0.0627 million SLC per square kilometre compare
  2. 170 Ecuador 0.0596 million SLC per square kilometre compare
  3. 171 Marshall Islands 0.053 million SLC per square kilometre compare
  4. 173 Samoa 0.0463 million SLC per square kilometre compare
  5. 174 Solomon Islands 0.0449 million SLC per square kilometre compare
  6. 175 Namibia 0.0311 million SLC per square kilometre compare

See the full ranking of 194 places →

More economy & growth data for Panama

All data for Panama →

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 0.0526 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 0.0532 million SLC per square kilometre in 2019.
What is the lowest value added (total manufacturing) — value standard local currency recorded in Panama?
The lowest recorded value was 0.003 million SLC per square kilometre in 1970.
How does Panama rank for value added (total manufacturing) — value standard local currency?
Panama ranks 172nd 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 28.7%. The long-run trend across the full record is volatile.
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, per square kilometre. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value Standard Local Currency in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 28 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-standard-local-currency-per-square-kilometre/panama/

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How this figure is calculated

Value Added (Total Manufacturing) — Value Standard Local Currency 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 ÷ Land area (sq. km)

Computed from

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

Indicator
Value Added (Total Manufacturing) — Value Standard Local Currency, per square kilometre
Unit
million SLC per square kilometre
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
194 places, 9,578 data points, 1970–2023
Last refreshed

Value Added (Total Manufacturing) — Value Standard Local Currency 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.