Industry (including construction), value added in Palau
Palau: Industry (including construction), value added was 41.87 million current LCU in 2024. ▲ Rising
Industry (including construction), value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, industry (including construction), value added in Palau stood at 41.87 million current LCU. That is the highest value across all 25 years on record.
That represents a change of up 50.3% on the previous year and up 124.0% over ten years.
Over the whole period, industry (including construction), value added in Palau peaked at 41.87 million current LCU in 2024 and was at its lowest, 16.65 million current LCU, in 2009.
Palau ranks 204th of 208 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.18 million current LCU | 16.65 million current LCU | 34.83 million current LCU | 10 |
| 2010s | 22.38 million current LCU | 16.96 million current LCU | 31.69 million current LCU | 10 |
| 2020s | 32.10 million current LCU | 27.59 million current LCU | 41.87 million current LCU | 5 |
Countries ranked near Palau
- 201 Turks and Caicos Islands 162.97 million current LCU compare
- 202 Sint Maarten (Dutch part) 146.01 million current LCU compare
- 203 Kiribati 61.25 million current LCU compare
- 205 Marshall Islands 38.23 million current LCU compare
- 206 Micronesia (country) 26.47 million current LCU compare
- 207 Tuvalu 3.44 million current 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 27.24 million constant LCU (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 41.87 million current 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 41.87 million current LCU in 2024.
- What is the lowest industry (including construction), value added recorded in Palau?
- The lowest recorded value was 16.65 million current LCU in 2009.
- How does Palau rank for industry (including construction), value added?
- Palau ranks 204th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Palau?
- Over the last ten years it is up 124.0%. The long-run trend across the full record is rising.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.