Industry (including construction), value added in Palau
Palau: Industry (including construction), value added was 41.87 million current US$ in 2024. ▲ Rising
Industry (including construction), value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Palau recorded 41.87 million current US$ for industry (including construction), value added in 2024. 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 US$ in 2024 and was at its lowest, 16.65 million current US$, in 2009.
That places Palau 202nd out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.18 million current US$ | 16.65 million current US$ | 34.83 million current US$ | 10 |
| 2010s | 22.38 million current US$ | 16.96 million current US$ | 31.69 million current US$ | 10 |
| 2020s | 32.10 million current US$ | 27.59 million current US$ | 41.87 million current US$ | 5 |
Countries ranked near Palau
- 199 Dominica 102.16 million current US$ compare
- 200 Somalia 88.51 million current US$ compare
- 201 Sint Maarten (Dutch part) 81.57 million current US$ compare
- 203 Kiribati 40.42 million current US$ compare
- 204 Marshall Islands 38.23 million current US$ compare
- 205 Micronesia (country) 26.47 million current US$ 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 US$ 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 US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Palau?
- The lowest recorded value was 16.65 million current US$ in 2009.
- How does Palau rank for industry (including construction), value added?
- Palau ranks 202nd 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.