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
Industry (including construction), value added in Pacific island small states, 1979–2024
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$, in 1988.
The long-run direction has been consistently rising across the 46 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 685.21 million constant 2015 US$ | 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
- Industry (including construction), value added 1.88 billion current US$ (2024)
- Households and NPISHs final consumption expenditure 76.1% (2024)
- Manufacturing, value added 899.35 million current US$ (2025)
- Households and NPISHs Final consumption expenditure 9.38 billion current US$ (2024)
- Manufacturing, value added 776.47 million constant 2015 US$ (2025)
- General government final consumption expenditure 23.0% (2024)
- General government final consumption expenditure 2.83 billion current US$ (2024)
- Manufacturing, value added 6.9% (2025)
- Services, value added 6.26 billion constant 2015 US$ (2024)
- Services, value added 7.00 billion current US$ (2024)
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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About this data
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.