Panama Manufacturing Output 1970-2024

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.
  • Panama manufacturing output for 2023 was $3.90B, a 2.65% increase from 2022.
  • Panama manufacturing output for 2022 was $3.80B, a 8.36% increase from 2021.
  • Panama manufacturing output for 2021 was $3.51B, a 9.63% increase from 2020.
  • Panama manufacturing output for 2020 was $3.20B, a 18.86% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Germany $844.93B
South Korea $416.39B
Italy $354.72B
France $294.47B
United Kingdom $284.06B
Ireland $186.52B
Spain $181.59B
Switzerland $160.23B
Saudi Arabia $157.88B
Poland $131.71B
Netherlands $130.23B
Argentina $104.39B
Australia $92.89B
Singapore $88.50B
Austria $80.82B
Sweden $77.46B
Belgium $75.08B
Czech Republic $70.73B
Denmark $56.28B
Puerto Rico $53.77B
Finland $44.97B
Hungary $36.40B
Portugal $34.30B
Chile $30.89B
Norway $29.46B
Slovak Republic $28.61B
Greece $21.08B
Slovenia $13.54B
Lithuania $11.08B
Croatia $8.76B
Bahrain $8.57B
Uruguay $7.30B
Latvia $5.19B
Estonia $5.18B
Panama $3.90B
Luxembourg $3.03B
Iceland $2.88B
Brunei $2.82B
Cyprus $1.69B
Malta $1.42B
Bahamas $0.14B
Seychelles $0.12B
Antigua and Barbuda $0.05B
St. Kitts and Nevis $0.04B
Panama Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2023 $3.90B 4.68%
2022 $3.80B 4.97%
2021 $3.51B 5.21%
2020 $3.20B 5.61%
2019 $3.94B 5.66%
2018 $3.85B 5.72%
2017 $3.77B 6.06%
2016 $3.58B 6.18%
2015 $3.46B 6.39%
2014 $3.30B 6.61%
2013 $3.02B 6.63%
2012 $2.52B 6.23%
2011 $2.20B 6.34%
2010 $2.09B 7.10%
2009 $1.98B 7.29%
2008 $1.78B 7.07%
2007 $1.52B 7.16%
2006 $1.46B 8.04%
2005 $1.35B 8.26%
2004 $1.29B 8.60%
2003 $1.22B 8.93%
2002 $1.23B 9.45%
2001 $1.30B 10.43%
2000 $1.39B 11.27%
1999 $1.47B 12.14%
1998 $1.43B 12.36%
1997 $1.36B 12.73%
1996 $1.39B 14.13%
1995 $1.36B 14.22%
1994 $1.30B 13.93%
1993 $1.26B 14.32%
1992 $1.22B 15.14%
1991 $1.10B 15.54%
1990 $0.98B 15.31%
1989 $0.87B 14.78%
1988 $0.89B 15.05%
1987 $1.16B 16.95%
1986 $1.21B 17.73%
1985 $1.27B 19.40%
1984 $1.04B 16.76%
1983 $0.96B 16.12%
1982 $0.85B 14.72%
1981 $0.81B 15.43%
1980 $0.80B 17.32%
1979 $0.64B 17.39%
1978 $0.55B 17.10%
1977 $0.51B 18.77%
1976 $0.48B 18.44%
1975 $0.52B 21.29%
1974 $0.44B 20.28%
1973 $0.35B 18.48%
1972 $0.31B 18.51%
1971 $0.30B 19.59%
1970 $0.28B 20.70%