Industry (including construction), value added in Palau
Palau: Industry (including construction), value added was 13.0% in 2024. ▼ Falling
Industry (including construction), value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for industry (including construction), value added in Palau is 13.0%, measured in 2024.
The figure is up 29.1% on the previous year and up 71.0% over ten years.
Over the whole period, industry (including construction), value added in Palau peaked at 21.4% in 2002 and was at its lowest, 7.6%, in 2014.
Palau ranks 173rd of 207 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Industry (including construction), value added in Palau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2000 | 14.5% | — |
| 2001 | 18.0% | +24.3% |
| 2002 | 21.4% | +18.7% |
| 2003 | 17.5% | -18.2% |
| 2004 | 15.2% | -13.5% |
| 2005 | 13.8% | -9.0% |
| 2006 | 11.7% | -15.0% |
| 2007 | 11.1% | -5.5% |
| 2008 | 9.0% | -18.7% |
| 2009 | 9.0% | +0.4% |
| 2010 | 10.0% | +10.3% |
| 2011 | 8.7% | -12.9% |
| 2012 | 8.1% | -6.3% |
| 2013 | 7.8% | -3.7% |
| 2014 | 7.6% | -2.9% |
| 2015 | 8.0% | +5.6% |
| 2016 | 10.1% | +25.7% |
| 2017 | 8.1% | -19.6% |
| 2018 | 9.0% | +10.3% |
| 2019 | 11.2% | +25.4% |
| 2020 | 12.7% | +13.2% |
| 2021 | 11.7% | -8.1% |
| 2022 | 12.2% | +4.5% |
| 2023 | 10.1% | -17.4% |
| 2024 | 13.0% | +29.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.1% | 9.0% | 21.4% | 10 |
| 2010s | 8.9% | 7.6% | 11.2% | 10 |
| 2020s | 11.9% | 10.1% | 13.0% | 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
Frequently asked questions
- What is industry (including construction), value added in Palau?
- Industry (including construction), value added in Palau was 13.0% 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 21.4% in 2002.
- What is the lowest industry (including construction), value added recorded in Palau?
- The lowest recorded value was 7.6% in 2014.
- How does Palau rank for industry (including construction), value added?
- Palau ranks 173rd out of 207 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Palau?
- Over the last ten years it is up 71.0%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.