Industry (including construction), value added in Palestine, State of
Palestine, State of: Industry (including construction), value added was 2.54 billion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Palestine, State of, 1994–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for industry (including construction), value added in Palestine, State of is 2.54 billion constant LCU, measured in 2025.
That represents a change of up 8.0% on the previous year and up 10.8% over ten years.
Over the whole period, industry (including construction), value added in Palestine, State of peaked at 2.98 billion constant LCU in 2018 and was at its lowest, 1.00 billion constant LCU, in 2002.
That places Palestine, State of 165th out of 198 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Industry (including construction), value added in Palestine, State of, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1994 | 1.43 billion constant LCU | — |
| 1995 | 1.36 billion constant LCU | -4.5% |
| 1996 | 1.25 billion constant LCU | -8.5% |
| 1997 | 1.28 billion constant LCU | +2.4% |
| 1998 | 1.46 billion constant LCU | +14.7% |
| 1999 | 1.73 billion constant LCU | +18.3% |
| 2000 | 1.32 billion constant LCU | -23.8% |
| 2001 | 1.27 billion constant LCU | -3.8% |
| 2002 | 1.00 billion constant LCU | -20.8% |
| 2003 | 1.28 billion constant LCU | +27.5% |
| 2004 | 1.41 billion constant LCU | +10.0% |
| 2005 | 1.70 billion constant LCU | +20.8% |
| 2006 | 1.32 billion constant LCU | -22.2% |
| 2007 | 1.31 billion constant LCU | -1.2% |
| 2008 | 1.56 billion constant LCU | +19.4% |
| 2009 | 1.89 billion constant LCU | +20.6% |
| 2010 | 2.25 billion constant LCU | +19.4% |
| 2011 | 2.53 billion constant LCU | +12.3% |
| 2012 | 2.68 billion constant LCU | +6.0% |
| 2013 | 2.95 billion constant LCU | +10.1% |
| 2014 | 2.42 billion constant LCU | -18.1% |
| 2015 | 2.29 billion constant LCU | -5.0% |
| 2016 | 2.61 billion constant LCU | +13.7% |
| 2017 | 2.91 billion constant LCU | +11.6% |
| 2018 | 2.98 billion constant LCU | +2.2% |
| 2019 | 2.96 billion constant LCU | -0.5% |
| 2020 | 2.39 billion constant LCU | -19.4% |
| 2021 | 2.50 billion constant LCU | +4.5% |
| 2022 | 2.58 billion constant LCU | +3.5% |
| 2023 | 2.67 billion constant LCU | +3.4% |
| 2024 | 2.35 billion constant LCU | -12.0% |
| 2025 | 2.54 billion constant LCU | +8.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.42 billion constant LCU | 1.25 billion constant LCU | 1.73 billion constant LCU | 6 |
| 2000s | 1.41 billion constant LCU | 1.00 billion constant LCU | 1.89 billion constant LCU | 10 |
| 2010s | 2.66 billion constant LCU | 2.25 billion constant LCU | 2.98 billion constant LCU | 10 |
| 2020s | 2.51 billion constant LCU | 2.35 billion constant LCU | 2.67 billion constant LCU | 6 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Services, value added (constant LCU), per capita 1,292 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 2.72 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -12.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8198 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 2,483 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth -12.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8198 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 2,483 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.97 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.5919 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added in Palestine, State of?
- Industry (including construction), value added in Palestine, State of was 2.54 billion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Palestine, State of?
- The highest recorded value was 2.98 billion constant LCU in 2018.
- What is the lowest industry (including construction), value added recorded in Palestine, State of?
- The lowest recorded value was 1.00 billion constant LCU in 2002.
- How does Palestine, State of rank for industry (including construction), value added?
- Palestine, State of ranks 165th out of 198 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Palestine, State of?
- Over the last ten years it is up 10.8%. The long-run trend across the full record is rising.
- Where does this Palestine, State of data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant LCU). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.