Manufacturing, value added in Palau
Palau: Manufacturing, value added was 18.9% in 2024. ◆ Volatile
Manufacturing, value added in Palau, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, manufacturing, value added in Palau stood at 18.9%.
That represents a change of up 109.5% on the previous year and up 1,549.1% over ten years.
Over the whole period, manufacturing, value added in Palau peaked at 43.8% in 2002 and was at its lowest, -61.6%, in 2003.
That places Palau 5th out of 191 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.4% | -61.6% | 43.8% | 9 |
| 2010s | 4.6% | -7.1% | 18.5% | 10 |
| 2020s | 1.3% | -9.3% | 18.9% | 5 |
Countries ranked near Palau
More economy & growth data for Palau
- Exports of goods and services 40.6% (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)
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Gross fixed capital formation 87.75 million constant 2015 US$ (2024)
- Gross fixed capital formation 115.22 million current LCU (2024)
Frequently asked questions
- What is manufacturing, value added in Palau?
- Manufacturing, value added in Palau was 18.9% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Palau?
- The highest recorded value was 43.8% in 2002.
- What is the lowest manufacturing, value added recorded in Palau?
- The lowest recorded value was -61.6% in 2003.
- How does Palau rank for manufacturing, value added?
- Palau ranks 5th out of 191 countries with data for 2024.
- Is manufacturing, value added rising or falling in Palau?
- Over the last ten years it is up 1,549.1%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.