Manufacturing, value added in Palestine
Palestine: Manufacturing, value added was 1.81 billion current US$ in 2024. ◆ Volatile
Manufacturing, value added in Palestine, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Palestine stood at 1.81 billion current US$.
That represents a change of 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 US$ in 2022 and was at its lowest, 321.50 million current US$, in 2002.
That places Palestine 125th out of 204 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 500.82 million current US$ | 452.10 million current US$ | 573.30 million current US$ | 6 |
| 2000s | 545.12 million current US$ | 321.50 million current US$ | 871.30 million current US$ | 10 |
| 2010s | 1.57 billion current US$ | 1.18 billion current US$ | 1.92 billion current US$ | 10 |
| 2020s | 1.95 billion current US$ | 1.72 billion current US$ | 2.15 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 manufacturing, value added in Palestine?
- Manufacturing, value added in Palestine was 1.81 billion current US$ 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 US$ in 2022.
- What is the lowest manufacturing, value added recorded in Palestine?
- The lowest recorded value was 321.50 million current US$ in 2002.
- How does Palestine rank for manufacturing, value added?
- Palestine ranks 125th 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.