Manufacturing, value added in Palau
Palau: Manufacturing, value added was 3.03 million constant LCU in 2024. ◆ Volatile
Manufacturing, value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for manufacturing, value added in Palau is 3.03 million constant LCU, measured in 2024.
That represents a change of 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 11.22 million constant LCU in 2002 and was at its lowest, 1.76 million constant LCU, in 2010.
Palau ranks 191st of 192 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 LCU | Change |
|---|---|---|
| 2000 | 6.09 million constant LCU | — |
| 2001 | 7.81 million constant LCU | +28.2% |
| 2002 | 11.22 million constant LCU | +43.8% |
| 2003 | 4.31 million constant LCU | -61.6% |
| 2004 | 2.10 million constant LCU | -51.3% |
| 2005 | 2.10 million constant LCU | +0.3% |
| 2006 | 1.88 million constant LCU | -10.5% |
| 2007 | 1.87 million constant LCU | -0.8% |
| 2008 | 2.18 million constant LCU | +16.5% |
| 2009 | 1.90 million constant LCU | -12.9% |
| 2010 | 1.76 million constant LCU | -7.1% |
| 2011 | 1.93 million constant LCU | +9.8% |
| 2012 | 2.29 million constant LCU | +18.5% |
| 2013 | 2.46 million constant LCU | +7.1% |
| 2014 | 2.48 million constant LCU | +1.1% |
| 2015 | 2.75 million constant LCU | +10.6% |
| 2016 | 2.93 million constant LCU | +6.8% |
| 2017 | 2.92 million constant LCU | -0.5% |
| 2018 | 2.93 million constant LCU | +0.4% |
| 2019 | 2.92 million constant LCU | -0.2% |
| 2020 | 2.65 million constant LCU | -9.3% |
| 2021 | 2.47 million constant LCU | -7.0% |
| 2022 | 2.33 million constant LCU | -5.4% |
| 2023 | 2.55 million constant LCU | +9.0% |
| 2024 | 3.03 million constant LCU | +18.9% |
Palau compared with similar countries
- Palau's 3.03 million constant LCU is below the median for high income countries, which is 29.35 billion constant LCU, 0% of the median. (67 countries reporting)
- Palau's 3.03 million constant LCU is below the median for East Asia & Pacific, which is 29.35 billion constant LCU, 0% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.15 million constant LCU | 1.87 million constant LCU | 11.22 million constant LCU | 10 |
| 2010s | 2.54 million constant LCU | 1.76 million constant LCU | 2.93 million constant LCU | 10 |
| 2020s | 2.61 million constant LCU | 2.33 million constant LCU | 3.03 million constant LCU | 5 |
Countries ranked near Palau
- 188 Kiribati 16.53 million constant LCU compare
- 189 Turks and Caicos Islands 7.01 million constant LCU compare
- 190 Marshall Islands 3.33 million constant LCU compare
- 192 Micronesia (country) 1.34 million constant LCU 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)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (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)
- 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)
Frequently asked questions
- What is manufacturing, value added in Palau?
- Manufacturing, value added in Palau was 3.03 million constant LCU 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 11.22 million constant LCU in 2002.
- What is the lowest manufacturing, value added recorded in Palau?
- The lowest recorded value was 1.76 million constant LCU in 2010.
- How does Palau rank for manufacturing, value added?
- Palau ranks 191st out of 192 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 LCU). 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 varies by country. This series is expressed in local currency units.