Home Panama Economy & Growth Industry Value Added

Panama Industry Value Added

Industry (including construction) value added as % of GDP  NV.IND.TOTL.ZS

27.25% +1.75% (+6.9%)
Year 2025 Rank #72 Global Peak 28.42% (2019) Source World Bank

Panama Industry Value Added (1970–2025)

Overview

Panama's industry value added stood at 27.25% in 2025, a rise of +1.75% from 2024. Based on recent trends, this figure is projected to reach 27.25% by 2025. Panama ranked 72nd globally.

Data & projection

Year Industry Value Added YoY change Rank
2027* trend 28.24% - -
2026* trend 27.74% - -
2025* trend 27.25% - -
2025 27.25% +1.75% #72
2024 25.50% −1.65% #101
2023 27.16% +0.75% #119
2022 26.41% +0.04% #119
2021 26.36% +2.92% #123
2020 23.44% −4.98% #106
2019 28.42% +0.09% #135
2018 28.33% +0.07% #138
2017 28.25% +0.84% #141
2016 27.42% +0.84% #140
2015 26.58% +0.80% #131
2014 25.78% +1.36% #124
2013 24.42% +3.43% #108
2012 20.98% +1.61% #76
2011 19.38% +0.60% #61
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.9% GDP growth 2.9% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Panama matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw industry value added improve within 24 months. View full analysis →

Frequently Asked Questions

What is Panama's industry value added?

Panama's industry value added was 27.25% in 2025. Ranked 72nd globally. This represents a 6.9% increase from the previous year.

What was the highest industry value added in Panama?

Panama's industry value added peaked at 28.42% in 2019.

What was the lowest industry value added in Panama?

The lowest industry value added in Panama was 15.59% in 2002.

How does Panama rank in industry value added?

Panama ranks 72nd globally in industry value added as of 2025.

What is the World Bank indicator code for industry value added?

The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.

What is the projected industry value added of Panama in 2025?

Panama's industry value added is projected to reach 27.25% by 2025 based on trend extrapolation.

What is the industry value added of Panama in 2025?

The industry value added of Panama in 2025 was 27.25%. This ranks 72nd in the world.

Cite this page

APA
Panama Industry Value Added. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/panama/industry-value-added
BibTeX
@misc{historysaid_panama_industry-value-added, title = {Panama Industry Value Added}, url = {https://historysaid.com/panama/industry-value-added}, publisher = {HistorySaid}, year = {2026} }