Industry (including construction), value added in Palau
Palau: Industry (including construction), value added was 27.24 million constant LCU in 2024. ▼ Falling
Industry (including construction), value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
Palau recorded 27.24 million constant LCU for industry (including construction), value added in 2024.
The figure is up 37.2% on the previous year and up 50.0% over ten years.
Over the whole period, industry (including construction), value added in Palau peaked at 55.34 million constant LCU in 2002 and was at its lowest, 18.01 million constant LCU, in 2013.
That places Palau 198th out of 199 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 37.29 million constant LCU | 19.46 million constant LCU | 55.34 million constant LCU | 10 |
| 2010s | 22.82 million constant LCU | 18.01 million constant LCU | 31.69 million constant LCU | 10 |
| 2020s | 26.55 million constant LCU | 19.85 million constant LCU | 30.59 million constant LCU | 5 |
Countries ranked near Palau
- 195 East Timor 115.48 million constant LCU compare
- 196 Kiribati 47.82 million constant LCU compare
- 197 Marshall Islands 28.56 million constant LCU compare
- 199 Micronesia (country) 11.00 million constant LCU compare
More economy & growth data for Palau
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Gross national expenditure 475.51 million current US$ (2024)
- Gross national expenditure 475.51 million current LCU (2024)
- Gross national expenditure 361.81 million constant 2015 US$ (2024)
- Industry (including construction), value added 37.2% (2024)
- Gross national expenditure 147.9% (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Gross fixed capital formation 115.22 million current LCU (2024)
- Gross fixed capital formation 115.22 million current US$ (2024)
Frequently asked questions
- What is industry (including construction), value added in Palau?
- Industry (including construction), value added in Palau was 27.24 million constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Palau?
- The highest recorded value was 55.34 million constant LCU in 2002.
- What is the lowest industry (including construction), value added recorded in Palau?
- The lowest recorded value was 18.01 million constant LCU in 2013.
- How does Palau rank for industry (including construction), value added?
- Palau ranks 198th out of 199 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Palau?
- Over the last ten years it is up 50.0%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). 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 varies by country. This series is expressed in local currency units.