Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Panama

Panama: Value Added (Total Manufacturing) — Value US$, 2015 prices, annual was 2.02 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.02 % change on previous year
Change on year
down 60.5%
World rank
101st
of 236 countries
All-time high
13.78 % change on previous year
in 1990
All-time low
-22.47 % change on previous year
in 1988
Years of data
53
1971–2023

Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Panama, 1971–2023

-20-10010197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Panama recorded 2.02 % change on previous year for value added (total manufacturing) — value us$, 2015 prices, annual in 2023.

Compared with earlier readings it is down 60.5% on the previous year and down 48.9% over ten years.

Over the whole period, value added (total manufacturing) — value us$, 2015 prices, annual in Panama peaked at 13.78 % change on previous year in 1990 and was at its lowest, -22.47 % change on previous year, in 1988.

Panama ranks 101st of 236 countries on this measure, in the middle of the range.

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

Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Panama, year by year

Annual values for Value Added (Total Manufacturing) — Value US$, 2015 prices, annual growth rate in Panama, 1971 to 2023.
Year % change on previous year Change
1971 6.36 % change on previous year
1972 4.58 % change on previous year -28.0%
1973 6.28 % change on previous year +37.2%
1974 1.33 % change on previous year -78.8%
1975 -3.61 % change on previous year -371.3%
1976 2.52 % change on previous year -169.8%
1977 1.19 % change on previous year -52.5%
1978 1.57 % change on previous year +31.7%
1979 11.04 % change on previous year +601.7%
1980 5.87 % change on previous year -46.8%
1981 -2.54 % change on previous year -143.3%
1982 3.59 % change on previous year -241.2%
1983 -2.15 % change on previous year -159.9%
1984 6.84 % change on previous year -418.7%
1985 5.61 % change on previous year -18.0%
1986 0.6901 % change on previous year -87.7%
1987 6.88 % change on previous year +896.3%
1988 -22.47 % change on previous year -426.8%
1989 1.3 % change on previous year -105.8%
1990 13.78 % change on previous year +957.1%
1991 10.46 % change on previous year -24.1%
1992 9.16 % change on previous year -12.5%
1993 6.33 % change on previous year -30.8%
1994 4.26 % change on previous year -32.7%
1995 0.1952 % change on previous year -95.4%
1996 -1.25 % change on previous year -740.7%
1997 3.26 % change on previous year -360.3%
1998 2.23 % change on previous year -31.4%
1999 1.06 % change on previous year -52.4%
2000 -7.16 % change on previous year -773.3%
2001 -6.29 % change on previous year -12.1%
2002 -2.62 % change on previous year -58.3%
2003 -3.4 % change on previous year +29.8%
2004 2.08 % change on previous year -161.2%
2005 4.21 % change on previous year +102.2%
2006 3.87 % change on previous year -8.2%
2007 5.62 % change on previous year +45.5%
2008 3.74 % change on previous year -33.5%
2009 -1.42 % change on previous year -138.0%
2010 4.3 % change on previous year -402.4%
2011 5.71 % change on previous year +33.0%
2012 8.24 % change on previous year +44.3%
2013 3.96 % change on previous year -51.9%
2014 3.63 % change on previous year -8.3%
2015 3.53 % change on previous year -2.8%
2016 1.23 % change on previous year -65.0%
2017 2.7 % change on previous year +119.1%
2018 1.37 % change on previous year -49.4%
2019 -1.4 % change on previous year -202.1%
2020 -20.69 % change on previous year +1380.0%
2021 11.35 % change on previous year -154.9%
2022 5.13 % change on previous year -54.8%
2023 2.02 % change on previous year -60.5%

Biggest year-on-year movements

Years where Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Panama changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2020 -1380.0% -1.4 % change on previous year -20.69 % change on previous year
1990 +957.1% 1.3 % change on previous year 13.78 % change on previous year
1987 +896.3% 0.6901 % change on previous year 6.88 % change on previous year
2000 -773.3% 1.06 % change on previous year -7.16 % change on previous year
1996 -740.7% 0.1952 % change on previous year -1.25 % change on previous year
1979 +601.7% 1.57 % change on previous year 11.04 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 3.47 % change on previous year -3.61 % change on previous year 11.04 % change on previous year 9
1980s 0.3628 % change on previous year -22.47 % change on previous year 6.88 % change on previous year 10
1990s 4.95 % change on previous year -1.25 % change on previous year 13.78 % change on previous year 10
2000s -0.1369 % change on previous year -7.16 % change on previous year 5.62 % change on previous year 10
2010s 3.33 % change on previous year -1.4 % change on previous year 8.24 % change on previous year 10
2020s -0.5476 % change on previous year -20.69 % change on previous year 11.35 % change on previous year 4

Countries ranked near Panama

  1. 98 Russia 2.05 % change on previous year compare
  2. 98 Russian Federation 2.05 % change on previous year compare
  3. 100 Montserrat 2.03 % change on previous year compare
  4. 102 Sierra Leone 2.02 % change on previous year compare
  5. 103 Kyrgyzstan 2.01 % change on previous year compare
  6. 104 Kenya 1.99 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Panama

All data for Panama →

Frequently asked questions

What is value added (total manufacturing) — value us$, 2015 prices, annual in Panama?
Value added (total manufacturing) — value us$, 2015 prices, annual in Panama was 2.02 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added (total manufacturing) — value us$, 2015 prices, annual recorded in Panama?
The highest recorded value was 13.78 % change on previous year in 1990.
What is the lowest value added (total manufacturing) — value us$, 2015 prices, annual recorded in Panama?
The lowest recorded value was -22.47 % change on previous year in 1988.
How does Panama rank for value added (total manufacturing) — value us$, 2015 prices, annual?
Panama ranks 101st out of 236 countries with data for 2023.
Is value added (total manufacturing) — value us$, 2015 prices, annual rising or falling in Panama?
Over the last ten years it is down 48.9%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added (Total Manufacturing) — Value US$, 2015 prices, annual in Panama. Statizoid, drawing on Statizoid (derived). Retrieved 22 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-2015-prices-annual-growth-rate/panama/

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How this figure is calculated

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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 US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 12,900 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.