Industry (including construction), value added in Pacific island small states

Pacific island small states: Industry (including construction), value added was 1.49 billion constant 2015 US$ in 2024. ▲ Rising

Latest (2024)
1.49 billion constant 2015 US$
Change on year
up 7.2%
All-time high
1.49 billion constant 2015 US$
in 2019
All-time low
596.56 million constant 2015 US$
in 1988
Years of data
46
1979–2024

Industry (including construction), value added in Pacific island small states, 1979–2024

0500.0M1.0B1.5B197920012024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.

Analysis

In 2024, industry (including construction), value added in Pacific island small states stood at 1.49 billion constant 2015 US$.

That represents a change of up 7.2% on the previous year and up 21.2% over ten years.

Over the whole period, industry (including construction), value added in Pacific island small states peaked at 1.49 billion constant 2015 US$ in 2019 and was at its lowest, 596.56 million constant 2015 US$, in 1988.

The long-run direction has been consistently rising across the 46 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 685.21 million constant 2015 US$ 685.21 million constant 2015 US$ 685.21 million constant 2015 US$ 1
1980s 667.94 million constant 2015 US$ 596.56 million constant 2015 US$ 721.30 million constant 2015 US$ 10
1990s 860.17 million constant 2015 US$ 733.16 million constant 2015 US$ 992.14 million constant 2015 US$ 10
2000s 1.11 billion constant 2015 US$ 998.52 million constant 2015 US$ 1.23 billion constant 2015 US$ 10
2010s 1.32 billion constant 2015 US$ 1.19 billion constant 2015 US$ 1.49 billion constant 2015 US$ 10
2020s 1.37 billion constant 2015 US$ 1.29 billion constant 2015 US$ 1.49 billion constant 2015 US$ 5

More economy & growth data for Pacific island small states

All data for Pacific island small states →

Frequently asked questions

What is industry (including construction), value added in Pacific island small states?
Industry (including construction), value added in Pacific island small states was 1.49 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Pacific island small states?
The highest recorded value was 1.49 billion constant 2015 US$ in 2019.
What is the lowest industry (including construction), value added recorded in Pacific island small states?
The lowest recorded value was 596.56 million constant 2015 US$ in 1988.
Is industry (including construction), value added rising or falling in Pacific island small states?
Over the last ten years it is up 21.2%. The long-run trend across the full record is rising.
Where does this Pacific island small states data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.

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CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Industry (including construction), value added (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
240 places, 10,399 data points, 1960–2025
Last refreshed

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.