Manufacturing, value added in Palau
Palau: Manufacturing, value added was 2.94 million constant 2015 US$ in 2024. ◆ Volatile
Manufacturing, value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Palau recorded 2.94 million constant 2015 US$ for manufacturing, value added in 2024.
The figure is up 18.9% on the previous year and up 21.9% over ten years.
Over the whole period, manufacturing, value added in Palau peaked at 10.89 million constant 2015 US$ in 2002 and was at its lowest, 1.71 million constant 2015 US$, in 2010.
Palau ranks 184th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.03 million constant 2015 US$ | 1.82 million constant 2015 US$ | 10.89 million constant 2015 US$ | 10 |
| 2010s | 2.46 million constant 2015 US$ | 1.71 million constant 2015 US$ | 2.85 million constant 2015 US$ | 10 |
| 2020s | 2.53 million constant 2015 US$ | 2.27 million constant 2015 US$ | 2.94 million constant 2015 US$ | 5 |
Countries ranked near Palau
- 181 Turks and Caicos Islands 9.04 million constant 2015 US$ compare
- 182 Sao Tome and Principe 3.80 million constant 2015 US$ compare
- 183 Marshall Islands 3.33 million constant 2015 US$ compare
- 185 Micronesia (country) 1.97 million constant 2015 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 manufacturing, value added in Palau?
- Manufacturing, value added in Palau was 2.94 million constant 2015 US$ 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 10.89 million constant 2015 US$ in 2002.
- What is the lowest manufacturing, value added recorded in Palau?
- The lowest recorded value was 1.71 million constant 2015 US$ in 2010.
- How does Palau rank for manufacturing, value added?
- Palau ranks 184th out of 185 countries with data for 2024.
- Is manufacturing, value added rising or falling in Palau?
- Over the last ten years it is up 21.9%. 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 (constant 2015 US$). Statizoid updates them automatically from the source API.
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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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.