Manufacturing, value added in Palau
Palau: Manufacturing, value added was 2.94 million constant 2015 US$ in 2024. ◆ Volatile
Manufacturing, value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Palau recorded 2.94 million constant 2015 US$ for manufacturing, value added in 2024.
The figure is up 18.9% on the previous year and up 21.9% over ten years.
Over the whole period, manufacturing, value added in Palau peaked at 10.89 million constant 2015 US$ in 2002 and was at its lowest, 1.71 million constant 2015 US$, in 2010.
Palau ranks 185th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Palau, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2000 | 5.91 million constant 2015 US$ | — |
| 2001 | 7.58 million constant 2015 US$ | +28.2% |
| 2002 | 10.89 million constant 2015 US$ | +43.8% |
| 2003 | 4.19 million constant 2015 US$ | -61.6% |
| 2004 | 2.04 million constant 2015 US$ | -51.3% |
| 2005 | 2.04 million constant 2015 US$ | +0.3% |
| 2006 | 1.83 million constant 2015 US$ | -10.5% |
| 2007 | 1.82 million constant 2015 US$ | -0.8% |
| 2008 | 2.11 million constant 2015 US$ | +16.5% |
| 2009 | 1.84 million constant 2015 US$ | -12.9% |
| 2010 | 1.71 million constant 2015 US$ | -7.1% |
| 2011 | 1.88 million constant 2015 US$ | +9.8% |
| 2012 | 2.23 million constant 2015 US$ | +18.5% |
| 2013 | 2.38 million constant 2015 US$ | +7.1% |
| 2014 | 2.41 million constant 2015 US$ | +1.1% |
| 2015 | 2.67 million constant 2015 US$ | +10.6% |
| 2016 | 2.85 million constant 2015 US$ | +6.8% |
| 2017 | 2.83 million constant 2015 US$ | -0.5% |
| 2018 | 2.84 million constant 2015 US$ | +0.4% |
| 2019 | 2.84 million constant 2015 US$ | -0.2% |
| 2020 | 2.58 million constant 2015 US$ | -9.3% |
| 2021 | 2.40 million constant 2015 US$ | -7.0% |
| 2022 | 2.27 million constant 2015 US$ | -5.4% |
| 2023 | 2.47 million constant 2015 US$ | +9.0% |
| 2024 | 2.94 million constant 2015 US$ | +18.9% |
Palau compared with similar countries
- Palau's 2.94 million constant 2015 US$ is below the median for high income countries, which is 12.22 billion constant 2015 US$, 0% of the median. (67 countries reporting)
- Palau's 2.94 million constant 2015 US$ is below the median for East Asia & Pacific, which is 1.97 billion constant 2015 US$, 0% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.03 million constant 2015 US$ | 1.82 million constant 2015 US$ | 10.89 million constant 2015 US$ | 10 |
| 2010s | 2.46 million constant 2015 US$ | 1.71 million constant 2015 US$ | 2.85 million constant 2015 US$ | 10 |
| 2020s | 2.53 million constant 2015 US$ | 2.27 million constant 2015 US$ | 2.94 million constant 2015 US$ | 5 |
Countries ranked near Palau
- 182 Turks and Caicos Islands 9.04 million constant 2015 US$ compare
- 183 Sao Tome and Principe 3.80 million constant 2015 US$ compare
- 184 Marshall Islands 3.33 million constant 2015 US$ compare
- 186 Micronesia (country) 1.97 million constant 2015 US$ compare
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 manufacturing, value added in Palau?
- Manufacturing, value added in Palau was 2.94 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Palau?
- The highest recorded value was 10.89 million constant 2015 US$ in 2002.
- What is the lowest manufacturing, value added recorded in Palau?
- The lowest recorded value was 1.71 million constant 2015 US$ in 2010.
- How does Palau rank for manufacturing, value added?
- Palau ranks 185th out of 186 countries with data for 2024.
- Is manufacturing, value added rising or falling in Palau?
- Over the last ten years it is up 21.9%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 is 2015. This indicator is expressed in United States dollars.