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Panama - Industry Value Added 2020

Name: Panama Industry Value Added 2020
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Industry (including construction) value added as % of GDP · World Bank

23.44% −4.98% from 2019 Global rank: 106th

Panama's industry value added was 23.44% in 2020, decreased +4.98% from 28.42% in 2019. This was the 106th highest globally.

Global Ranking - 2020▾

Industry Value Added by Country - 2020
Rank	Country	Value	YoY
1st	Micronesia, Federated States of	4.87%	1.2%
2nd	Bermuda	5.63%	-11.6%
3rd	São Tomé and Principe	6.06%	-19.5%
4th	Hong Kong SAR, China	6.17%	-1.3%
5th	Lebanon	6.64%	-46.9%
6th	Sint Maarten (Dutch part)	7.06%	-2.9%
7th	Channel Islands	7.65%	-3.5%
8th	Comoros	8.09%	-5.2%
9th	Cayman Islands	8.13%	5.5%
10th	Macao SAR, China	8.51%	101.7%
11th	Isle of Man	8.88%	17.0%
12th	Kiribati	9.86%	3.1%
13th	Vanuatu	10.28%	8.2%
14th	French Polynesia	10.65%	-0.3%
15th	Samoa	11.12%	-7.0%
16th	Turks and Caicos Islands	11.14%	29.1%
17th	Luxembourg	11.34%	-2.2%
18th	Curaçao	11.98%	-9.7%
19th	Nepal	12.05%	-7.4%
20th	Bahamas, The	12.12%	-6.7%
21st	Dominica	12.14%	-26.2%
22nd	Malta	12.21%	1.2%
23rd	Guinea-Bissau	12.39%	-20.7%
24th	St. Vincent and the Grenadines	12.56%	-8.3%
25th	Maldives	12.56%	5.2%
26th	Palau	12.59%	12.0%
27th	Aruba	12.61%	8.4%
28th	Andorra	12.66%	8.2%
29th	St. Lucia	12.67%	40.1%
30th	Cyprus	12.82%	0.3%
31st	Afghanistan	12.95%	-7.9%
32nd	Grenada	13.09%	-4.0%
33rd	Barbados	13.15%	4.7%
34th	Marshall Islands	13.35%	-7.4%
35th	Seychelles	14.27%	16.8%
36th	Greece	14.30%	6.6%
37th	Djibouti	14.55%	-0.4%
38th	Cabo Verde	14.69%	10.5%
39th	Tonga	14.75%	-4.0%
40th	Monaco	14.90%	14.3%
41st	Libya	15.95%	-68.1%
42nd	Belize	16.23%	15.5%
43rd	France	16.27%	-3.8%
44th	Benin	16.29%	-0.1%
45th	Burundi	16.33%	-6.9%
46th	Mauritius	16.41%	-1.5%
47th	Liberia	16.84%	-0.9%
48th	Gambia, The	16.85%	-2.5%
49th	Uruguay	16.96%	-3.4%
50th	West Bank and Gaza	17.03%	-7.6%
51st	Solomon Islands	17.25%	-4.8%
52nd	Netherlands	17.38%	1.6%
53rd	Kenya	17.40%	2.8%
54th	United Kingdom	17.50%	-2.1%
55th	United States	17.51%	-4.2%
56th	Montenegro	17.61%	7.2%
57th	Sierra Leone	17.64%	-1.6%
58th	Jamaica	18.06%	8.3%
59th	Nigeria	18.36%	-12.6%
60th	Pakistan	18.59%	-5.0%
61st	Rwanda	18.64%	-1.2%
62nd	Fiji	18.71%	9.8%
63rd	Belgium	19.08%	-0.8%
64th	Malawi	19.08%	3.2%
65th	Portugal	19.39%	2.7%
66th	Israel	19.44%	2.7%
67th	Madagascar	19.47%	-13.3%
68th	Brazil	19.51%	4.0%
69th	Denmark	19.56%	-5.3%
70th	New Zealand	19.98%	-1.9%
71st	Togo	20.07%	3.8%
72nd	Croatia	20.10%	2.7%
73rd	Spain	20.12%	0.7%
74th	Niger	20.24%	-1.7%
75th	Latvia	20.33%	3.8%
76th	Costa Rica	20.37%	5.9%
77th	Iceland	20.42%	4.4%
78th	Central African Republic	20.45%	-0.3%
79th	Greenland	20.66%	20.5%
80th	Côte d'Ivoire	20.70%	-4.3%
81st	Ukraine	20.80%	-7.9%
82nd	Italy	20.96%	-0.2%
83rd	Faroe Islands	20.99%	9.8%
84th	Georgia	21.07%	5.3%
85th	Syrian Arab Republic	21.09%	32.5%
86th	Antigua and Barbuda	21.12%	0.2%
87th	Tunisia	21.51%	-7.4%
88th	Mozambique	21.75%	-8.9%
89th	Estonia	21.77%	-2.4%
90th	Sweden	21.82%	-2.5%
91st	Bulgaria	21.84%	1.3%
92nd	European Union	22.03%	-0.6%
93rd	Guatemala	22.33%	1.8%
94th	Argentina	22.41%	-3.2%
95th	Canada	22.45%	-6.8%
96th	North Macedonia	22.74%	-4.1%
97th	Cuba	23.02%	-6.2%
98th	Cameroon	23.04%	-3.3%
99th	Moldova	23.13%	5.5%
100th	St. Kitts and Nevis	23.14%	-8.6%
101st	Senegal	23.21%	-1.5%
102nd	Singapore	23.24%	-3.4%
103rd	Haiti	23.33%	-0.2%
104th	Sudan	23.33%	7.3%
105th	South Africa	23.34%	-1.2%
106th	Panama	23.44%	-17.5%
107th	Colombia	23.44%	-9.8%
108th	Albania	23.47%	2.2%
109th	Jordan	23.55%	-2.3%
110th	El Salvador	23.72%	-6.4%
111th	Bosnia and Herzegovina	23.78%	2.5%
112th	Chad	23.90%	-16.9%
113th	Ecuador	23.98%	-10.0%
114th	Finland	24.23%	0.3%
115th	Serbia	24.28%	-4.9%
116th	Hungary	24.36%	-1.1%
117th	Lithuania	24.79%	-1.9%
118th	Switzerland	24.83%	0.4%
119th	India	25.12%	2.2%
120th	Germany	25.24%	-1.2%
121st	Honduras	25.36%	-5.1%
122nd	Australia	25.40%	0.6%
123rd	Austria	25.65%	0.5%
124th	Nicaragua	25.79%	6.2%
125th	Namibia	25.82%	-4.6%
126th	Morocco	26.04%	3.1%
127th	Uganda	26.49%	-0.5%
128th	Romania	26.62%	-4.2%
129th	Botswana	26.69%	-16.5%
130th	Mali	26.74%	15.8%
131st	Armenia	26.82%	7.4%
132nd	Norway	26.88%	-9.9%
133rd	Kyrgyz Republic	26.90%	1.2%
134th	Tanzania	27.08%	-5.5%
135th	Bolivia, Plurinational State of	27.28%	-10.5%
136th	Kosovo	27.56%	1.7%
137th	Türkiye	27.80%	2.7%
138th	Sri Lanka	28.24%	-3.3%
139th	Philippines	28.40%	-6.4%
140th	Guinea	28.51%	-3.0%
141st	Slovak Republic	28.54%	-2.1%
142nd	Poland	28.57%	-0.9%
143rd	Dominican Republic	28.82%	5.4%
144th	Slovenia	28.94%	1.4%
145th	Japan	29.06%	0.9%
146th	Burkina Faso	29.47%	7.5%
147th	Czechia	29.67%	-3.7%
148th	Russian Federation	29.72%	-7.6%
149th	Chile	29.83%	10.0%
150th	Ghana	29.88%	-4.0%
151st	Algeria	30.02%	-10.6%
152nd	Peru	30.32%	-0.4%
153rd	Mexico	31.00%	-2.6%
154th	Lesotho	31.08%	1.8%
155th	Trinidad and Tobago	31.15%	-11.5%
156th	Belarus	31.35%	-1.2%
157th	Eswatini	31.44%	-9.2%
158th	Bhutan	31.79%	-3.9%
159th	Uzbekistan	32.03%	0.1%
160th	Egypt, Arab Republic of	32.37%	-9.6%
161st	Lao PDR	32.42%	2.8%
162nd	Bangladesh	32.91%	0.2%
163rd	Papua New Guinea	33.05%	-10.0%
164th	Kazakhstan	33.10%	0.2%
165th	Thailand	33.29%	-0.9%
166th	Korea	33.36%	-0.9%
167th	Mauritania	33.65%	17.7%
168th	Tajikistan	33.80%	2.2%
169th	Congo, Republic of	33.95%	-32.3%
170th	Paraguay	34.20%	2.1%
171st	Congo, Democratic Republic of	35.16%	2.0%
172nd	San Marino	35.61%	2.4%
173rd	Malaysia	35.93%	-4.1%
174th	Suriname	36.56%	7.9%
175th	Angola	36.71%	-13.1%
176th	Viet Nam	36.74%	-0.2%
177th	Timor-Leste	36.75%	20.8%
178th	China	36.91%	-2.3%
179th	Mongolia	37.05%	-2.7%
180th	Ireland	37.18%	3.6%
181st	Iran, Islamic Republic of	37.21%	11.4%
182nd	Turkmenistan	37.38%	-11.9%
183rd	Cambodia	37.46%	-4.1%
184th	Myanmar	37.54%	-2.3%
185th	Indonesia	38.24%	-1.8%
186th	Saudi Arabia	38.30%	-16.2%
187th	Guyana	38.80%	35.2%
188th	Bahrain	39.10%	-3.7%
189th	Iraq	39.90%	-24.9%
190th	Zambia	40.20%	15.0%
191st	Liechtenstein	40.30%	-9.0%
192nd	United Arab Emirates	40.32%	-7.2%
193rd	Zimbabwe	40.43%	3.7%
194th	Gabon	41.69%	-12.6%
195th	Azerbaijan	41.96%	-14.1%
196th	Equatorial Guinea	45.41%	-12.8%
197th	Oman	47.15%	-8.2%
198th	Kuwait	48.46%	-16.0%
199th	Puerto Rico (US)	50.32%	-1.0%
200th	Qatar	52.33%	-8.5%
201st	Brunei Darussalam	59.13%	-5.4%

FAQ

What was Panama's industry value added in 2020?▾

Panama's industry value added in 2020 was 23.44%. This ranked 106th globally.

How did Panama's industry value added change in 2020?▾

Panama's industry value added decreased by 17.5% in 2020 compared to 2019.

Which country had the highest industry value added in 2020?▾

Brunei Darussalam had the highest industry value added in 2020 at 59.13%.

What is the industry value added of Panama in 2020?▾

The industry value added of Panama in 2020 was 23.44%. This ranked 106th globally.

How does 2020 compare to 2019 for Panama's industry value added?▾

Panama's industry value added went from 28.42% in 2019 to 23.44% in 2020, a 17.5% decrease.

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