Micronesia (country) vs Palau: Manufacturing, value added
Manufacturing, value added over time
- Micronesia (country)
- Palau
How they compare
Palau currently reports 2.94 million constant 2015 US$ against 1.97 million constant 2015 US$ in Micronesia (country), a difference of 972,100 constant 2015 US$.
That makes Palau's figure about 1.5 times Micronesia (country)'s.
The two have swapped places 2 times across 25 shared years of data; in 2000 it was Palau ahead.
Micronesia (country) ranks 184th and Palau ranks 183rd of 184 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Micronesia (country) | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3.51 million constant 2015 US$ | 4.03 million constant 2015 US$ | 519,853 constant 2015 US$ | Palau |
| 2010s | 1.51 million constant 2015 US$ | 2.46 million constant 2015 US$ | 958,227 constant 2015 US$ | Palau |
| 2020s | 2.08 million constant 2015 US$ | 2.53 million constant 2015 US$ | 448,480 constant 2015 US$ | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher manufacturing, value added, Micronesia (country) or Palau?
- Palau, at 2.94 million constant 2015 US$ against 1.97 million constant 2015 US$ in Micronesia (country) as of 2024.
- What is the difference in manufacturing, value added between Micronesia (country) and Palau?
- 972,100 constant 2015 US$, with Palau ahead.
- How many years of comparable data are there for Micronesia (country) and Palau?
- 25 years are reported by both, from 2000 to 2024.
- How do Micronesia (country) and Palau rank globally for manufacturing, value added?
- Micronesia (country) ranks 184th and Palau ranks 183rd of 184 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Manufacturing, value added (constant 2015 US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.