Manufacturing, value added in Palestine
Palestine: Manufacturing, value added was 1.81 billion current LCU in 2024. ◆ Volatile
Manufacturing, value added in Palestine, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Palestine stood at 1.81 billion current LCU.
Compared with earlier readings it is down 11.6% on the previous year and up 20.5% over ten years.
Over the whole period, manufacturing, value added in Palestine peaked at 2.15 billion current LCU in 2022 and was at its lowest, 321.50 million current LCU, in 2002.
That places Palestine 165th out of 204 countries with data for 2024, putting it 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 |
|---|---|---|---|---|
| 1990s | 500.82 million current LCU | 452.10 million current LCU | 573.30 million current LCU | 6 |
| 2000s | 545.12 million current LCU | 321.50 million current LCU | 871.30 million current LCU | 10 |
| 2010s | 1.57 billion current LCU | 1.18 billion current LCU | 1.92 billion current LCU | 10 |
| 2020s | 1.95 billion current LCU | 1.72 billion current LCU | 2.15 billion current LCU | 5 |
Countries ranked near Palestine
- 162 Papua New Guinea 1.96 billion current LCU compare
- 163 Brunei 1.95 billion current LCU compare
- 164 Seychelles 1.90 billion current LCU compare
- 166 Cyprus 1.60 billion current LCU compare
- 167 Eritrea 1.57 billion current LCU compare
- 168 South Sudan 1.53 billion current LCU compare
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 manufacturing, value added in Palestine?
- Manufacturing, value added in Palestine was 1.81 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Palestine?
- The highest recorded value was 2.15 billion current LCU in 2022.
- What is the lowest manufacturing, value added recorded in Palestine?
- The lowest recorded value was 321.50 million current LCU in 2002.
- How does Palestine rank for manufacturing, value added?
- Palestine ranks 165th out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Palestine?
- Over the last ten years it is up 20.5%. 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 Manufacturing, value added (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.