Panama: Manufacturing value added

* indicates monthly or quarterly data series
 Panama

Manufacturing value added, billion USD

 Latest value 3.90
 Year 2023
 Measure billion U.S. dollars
 Data availability 1970 - 2023
 Average 1.63
 Min - Max 0.28 - 3.94
 Source The World Bank
For that indicator, we provide data for Panama from 1970 to 2023. The average value for Panama during that period was 1.63 billion U.S. dollars with a minimum of 0.28 billion U.S. dollars in 1970 and a maximum of 3.94 billion U.S. dollars in 2019. The latest value from 2023 is 3.9 billion U.S. dollars. For comparison, the world average in 2023 based on 127 countries is 92.84 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Panama - Manufacturing value added - Recent values chart

Historical chart
Panama - Manufacturing value added - historical chart - 1970-2023




Definition: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Share of industry 26.17 2022 percent
 Share of manufacturing 4.97 2022 percent
 Share of services 68.15 2022 percent
 Industry value added 22.63 2023 billion U.S. dollars
 Manufacturing value added 3.90 2023 billion U.S. dollars
 Services value added 56.60 2023 billion U.S. dollars
 Savings, percent of GDP 31.58 2017 percent
 Savings, in dollars 28.43 2022 billion U.S. dollars
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