Industry (including construction), value added in Palestine
Palestine: Industry (including construction), value added was 2.60 billion current US$ in 2024. ◆ Volatile
Industry (including construction), value added in Palestine, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, industry (including construction), value added in Palestine stood at 2.60 billion current US$.
That represents a change of down 16.2% on the previous year and up 3.5% over ten years.
Over the whole period, industry (including construction), value added in Palestine peaked at 3.33 billion current US$ in 2022 and was at its lowest, 713.60 million current US$, in 2002.
That places Palestine 148th out of 208 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 947.23 million current US$ | 873.40 million current US$ | 1.06 billion current US$ | 6 |
| 2000s | 1.02 billion current US$ | 713.60 million current US$ | 1.42 billion current US$ | 10 |
| 2010s | 2.58 billion current US$ | 1.80 billion current US$ | 3.16 billion current US$ | 10 |
| 2020s | 2.98 billion current US$ | 2.60 billion current US$ | 3.33 billion current US$ | 5 |
Countries ranked near Palestine
More economy & growth data for Palestine
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.79 billion current US$ (2025)
- Taxes less subsidies on products 2.89 billion current LCU (2024)
- Taxes less subsidies on products 2.89 billion current US$ (2024)
- Net primary income (Net income from abroad) 1.08 billion current LCU (2025)
- Net primary income (Net income from abroad) 1.08 billion current US$ (2025)
- GNI per capita 3,370 current LCU (2025)
- GNI per capita, Atlas method 3,250 current US$ (2025)
- GNI 18.25 billion current LCU (2025)
Frequently asked questions
- What is industry (including construction), value added in Palestine?
- Industry (including construction), value added in Palestine was 2.60 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Palestine?
- The highest recorded value was 3.33 billion current US$ in 2022.
- What is the lowest industry (including construction), value added recorded in Palestine?
- The lowest recorded value was 713.60 million current US$ in 2002.
- How does Palestine rank for industry (including construction), value added?
- Palestine ranks 148th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Palestine?
- Over the last ten years it is up 3.5%. The long-run trend across the full record is volatile.
- Where does this Palestine 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.