Industry (including construction), value added in Palau
Palau: Industry (including construction), value added was 37.2% in 2024. ◆ Volatile
Industry (including construction), value added in Palau, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for industry (including construction), value added in Palau is 37.2%, measured in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 289.3% on the previous year and up 4,475.2% over ten years.
Over the whole period, industry (including construction), value added in Palau peaked at 37.2% in 2024 and was at its lowest, -27.1%, in 2009.
That places Palau 1st out of 197 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Palau, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2001 | 34.1% | — |
| 2002 | 22.0% | -35.6% |
| 2003 | -21.1% | -195.9% |
| 2004 | -7.2% | -65.9% |
| 2005 | -1.9% | -74.1% |
| 2006 | -9.9% | +431.0% |
| 2007 | -9.9% | +0.4% |
| 2008 | -17.3% | +74.7% |
| 2009 | -27.1% | +56.3% |
| 2010 | 3.8% | -114.2% |
| 2011 | 1.1% | -72.7% |
| 2012 | -3.5% | -432.1% |
| 2013 | -8.6% | +145.6% |
| 2014 | 0.8% | -109.5% |
| 2015 | 27.6% | +3289.5% |
| 2016 | 17.9% | -35.0% |
| 2017 | -8.5% | -147.6% |
| 2018 | -1.7% | -80.1% |
| 2019 | 29.0% | -1811.8% |
| 2020 | -4.2% | -114.6% |
| 2021 | 0.8% | -118.3% |
| 2022 | -19.2% | -2584.0% |
| 2023 | -19.7% | +2.4% |
| 2024 | 37.2% | -289.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.3% | -27.1% | 34.1% | 9 |
| 2010s | 5.8% | -8.6% | 29.0% | 10 |
| 2020s | -1.0% | -19.7% | 37.2% | 5 |
Countries ranked near Palau
More economy & growth data for Palau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 2,268 current LCU per person (2024)
Frequently asked questions
- What is industry (including construction), value added in Palau?
- Industry (including construction), value added in Palau was 37.2% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Palau?
- The highest recorded value was 37.2% in 2024.
- What is the lowest industry (including construction), value added recorded in Palau?
- The lowest recorded value was -27.1% in 2009.
- How does Palau rank for industry (including construction), value added?
- Palau ranks 1st out of 197 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Palau?
- Over the last ten years it is up 4,475.2%. 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 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.