Panama

Value Added By The Manufacturing Sector

5.41
percent of GDP
Dec 70Dec 73Dec 76Dec 79Dec 82Dec 85Dec 88Dec 91Dec 94Dec 97Dec 01Dec 04Dec 08Dec 11Dec 14Dec 17Dec 210.0006.00012.0018.0024.00
  • Panama
  • Global Median
Source: IMF

Definition of Value Added By The Manufacturing Sector

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. Note: For VAB countries, gross value added at factor cost is used as the denominator.

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