The value added to gross domestic product by the manufacturing sector in Panama increased by 0.1 billion U.S. dollars (+3 percent) in 2023 in comparison to the previous year. While the growth is slowing down, with 3.39 billion U.S. dollars, the value added is at its peak in the observed period. These figures refer to the total value of output from manufacturing industries. Constant figures have been used to negate the impact of monetary inflation, asset devaluation, and resource depletion, allowing more accurate comparisons between years.
Based on constant prices taking 2010 as reference year
Supplementary notes
Data represents the gross value added to GDP by the manufacturing sector. Value added is the value of the gross output of producers minus the value of intermediate goods and services consumed in production. Figures have been rounded.
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World Bank. (October 24, 2024). Value added to gross domestic product by the manufacturing sector in Panama from 2014 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1075763/manufacturing-industry-added-value-gdp-panama/
World Bank. "Value added to gross domestic product by the manufacturing sector in Panama from 2014 to 2023 (in billion U.S. dollars)." Chart. October 24, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1075763/manufacturing-industry-added-value-gdp-panama/
World Bank. (2024). Value added to gross domestic product by the manufacturing sector in Panama from 2014 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1075763/manufacturing-industry-added-value-gdp-panama/
World Bank. "Value Added to Gross Domestic Product by The Manufacturing Sector in Panama from 2014 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Oct 2024, https://www.statista.com/statistics/1075763/manufacturing-industry-added-value-gdp-panama/
World Bank, Value added to gross domestic product by the manufacturing sector in Panama from 2014 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1075763/manufacturing-industry-added-value-gdp-panama/ (last visited December 19, 2024)
Value added to gross domestic product by the manufacturing sector in Panama from 2014 to 2023 (in billion U.S. dollars) [Graph], World Bank, October 24, 2024. [Online]. Available: https://www.statista.com/statistics/1075763/manufacturing-industry-added-value-gdp-panama/