Industry (including construction), value added in Pacific island small states
Pacific island small states: Industry (including construction), value added was 7.2% in 2024. ◆ Volatile
Industry (including construction), value added in Pacific island small states, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
In 2024, industry (including construction), value added in Pacific island small states stood at 7.2%.
That represents a change of up 145.0% on the previous year and up 82.6% over ten years.
Over the whole period, industry (including construction), value added in Pacific island small states peaked at 20.9% in 1989 and was at its lowest, -10.6%, in 2020.
That places Pacific island small states 6th out of 43 groups with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Pacific island small states, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1980 | 0.9% | — |
| 1981 | 3.1% | +242.2% |
| 1982 | -1.5% | -148.4% |
| 1983 | -7.8% | +419.0% |
| 1984 | 2.3% | -129.6% |
| 1985 | -4.4% | -290.8% |
| 1986 | 8.6% | -294.3% |
| 1987 | -9.1% | -206.3% |
| 1988 | -4.5% | -50.5% |
| 1989 | 20.9% | -563.6% |
| 1990 | 4.0% | -80.8% |
| 1991 | -2.3% | -156.8% |
| 1992 | 5.9% | -357.9% |
| 1993 | 4.5% | -24.1% |
| 1994 | 7.2% | +61.4% |
| 1995 | 2.1% | -70.5% |
| 1996 | 4.2% | +95.5% |
| 1997 | -0.6% | -114.3% |
| 1998 | 1.9% | -421.9% |
| 1999 | 5.9% | +205.6% |
| 2000 | 0.6% | -89.0% |
| 2001 | 5.9% | +812.9% |
| 2002 | 2.8% | -52.3% |
| 2003 | -0.1% | -102.9% |
| 2004 | 5.4% | -6777.3% |
| 2005 | -3.6% | -166.4% |
| 2006 | 2.5% | -170.9% |
| 2007 | -1.9% | -173.7% |
| 2008 | 10.5% | -662.5% |
| 2009 | -1.8% | -117.2% |
| 2010 | 3.2% | -276.7% |
| 2011 | -0.9% | -128.4% |
| 2012 | -3.1% | +241.8% |
| 2013 | -0.6% | -80.6% |
| 2014 | 3.9% | -753.3% |
| 2015 | 6.0% | +54.0% |
| 2016 | 7.1% | +17.6% |
| 2017 | 3.9% | -44.9% |
| 2018 | 1.6% | -59.6% |
| 2019 | 1.1% | -28.5% |
| 2020 | -10.6% | -1035.5% |
| 2021 | -3.7% | -65.1% |
| 2022 | 5.3% | -242.8% |
| 2023 | 2.9% | -44.7% |
| 2024 | 7.2% | +145.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.8% | -9.1% | 20.9% | 10 |
| 1990s | 3.3% | -2.3% | 7.2% | 10 |
| 2000s | 2.0% | -3.6% | 10.5% | 10 |
| 2010s | 2.2% | -3.1% | 7.1% | 10 |
| 2020s | 0.2% | -10.6% | 7.2% | 5 |
Countries ranked near Pacific island small states
More economy & growth data for Pacific island small states
- GNI, Atlas method (current US$), per capita 4,738 current US$ per person (2025)
- External balance on goods and services -23.2% (2024)
- Trade 107.3% (2024)
- GNI, Atlas method (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added 1.47 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 2.3% (2024)
- GNI (current US$), annual growth rate 5.95 % change on previous year (2025)
- Industry (including construction), value added 1.88 billion current US$ (2024)
- Manufacturing, value added 6.9% (2025)
- Imports of goods and services 64.7% (2024)
Frequently asked questions
- What is industry (including construction), value added in Pacific island small states?
- Industry (including construction), value added in Pacific island small states was 7.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Pacific island small states?
- The highest recorded value was 20.9% in 1989.
- What is the lowest industry (including construction), value added recorded in Pacific island small states?
- The lowest recorded value was -10.6% in 2020.
- How does Pacific island small states rank for industry (including construction), value added?
- Pacific island small states ranks 6th out of 43 groups with data for 2024.
- Is industry (including construction), value added rising or falling in Pacific island small states?
- Over the last ten years it is up 82.6%. The long-run trend across the full record is volatile.
- Where does this Pacific island small states data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. 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.