Industry (including construction), value added (constant LCU) in Palestine
Palestine: Industry (including construction), value added (constant LCU) was 2.54 billion constant LCU in 2025. ▲ Rising
Industry (including construction), value added in Palestine, 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 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 peaked at 2.98 billion constant LCU in 2018 and was at its lowest, 1.00 billion constant LCU, in 2002.
That places Palestine 165th out of 200 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 (constant LCU) in Palestine, 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% |
Palestine compared with similar countries
- Palestine's 2.54 billion constant LCU is below the median for lower middle income countries, which is 119.95 billion constant LCU, 2% of the median. (47 countries reporting)
- Palestine's 2.54 billion constant LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 155.61 billion constant LCU, 2% of the median. (23 countries reporting)
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
- 162 Greenland 3.80 billion constant LCU compare
- 163 Sudan 3.67 billion constant LCU compare
- 164 Cyprus 3.31 billion constant LCU compare
- 166 Malta 2.09 billion constant LCU compare
- 167 Barbados 1.87 billion constant LCU compare
- 168 Kosovo 1.85 billion constant LCU compare
- 168 Kosovo (UNSCR 1244) 1.85 billion constant LCU compare
More economy & growth data for Palestine
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.66 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 329.83 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.37 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0192 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.93 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 37.44 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1063 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is industry (including construction), value added in Palestine?
- Industry (including construction), value added in Palestine 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?
- The highest recorded value was 2.98 billion constant LCU in 2018.
- What is the lowest industry (including construction), value added recorded in Palestine?
- The lowest recorded value was 1.00 billion constant LCU in 2002.
- How does Palestine rank for industry (including construction), value added?
- Palestine ranks 165th out of 200 countries with data for 2025.
- Is industry (including construction), value added rising or falling in Palestine?
- Over the last ten years it is up 10.8%. The long-run trend across the full record is rising.
- Where does this Palestine 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.