Panama Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
Panama's industry value added was 27.25% in 2025, ranked 72nd globally. This represents a 6.9% increase from 2024. Data from World Bank, covering 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.
Panama's Industry Value Added has experienced significant fluctuations over the past 56 years, reflecting the country's evolving economic landscape. The all-time high of 28.42 in 2019 indicates a period of robust industrial growth, surpassing even some of its regional peers such as Nicaragua, which ranked 67th globally with a value of 27.79 in 2025. Conversely, the all-time low of 15.59 in 2002 highlights a period of economic contraction. Since then, the country has steadily rebounded, with the latest figure of 27.25 in 2025 placing it at 72nd globally. While this represents a relatively stable trend, the Industry Value Added may be impacted by Panama's ongoing efforts to diversify its economy, particularly in the face of fluctuations in global trade and investment patterns. A significant increase in foreign direct investment or a surge in domestic industrial production could potentially alter the trajectory of this trend.
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 |
Detected Pattern
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
Panama's industry value added was 27.25% in 2025. Ranked 72nd globally. This represents a 6.9% increase from the previous year.
Panama's industry value added peaked at 28.42% in 2019.
The lowest industry value added in Panama was 15.59% in 2002.
Panama ranks 72nd globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
Panama's industry value added is projected to reach 27.25% by 2025 based on trend extrapolation.
The industry value added of Panama in 2025 was 27.25%. This ranks 72nd in the world.
Cite this page
@misc{historysaid_panama_industry-value-added,
title = {Panama Industry Value Added},
url = {https://historysaid.com/panama/industry-value-added/},
publisher = {HistorySaid},
year = {2026}
}