Manufacturing, value added in Palestine, State of
Palestine, State of: Manufacturing, value added was 1.81 billion current LCU in 2024. ◆ Volatile
Manufacturing, value added in Palestine, State of, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, manufacturing, value added in Palestine, State of stood at 1.81 billion current LCU.
Compared with earlier readings it is down 11.6% on the previous year and up 20.5% over ten years.
Over the whole period, manufacturing, value added in Palestine, State of peaked at 2.15 billion current LCU in 2022 and was at its lowest, 321.50 million current LCU, in 2002.
That places Palestine, State of 165th out of 203 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Palestine, State of, year by year
| Year | current LCU | Change |
|---|---|---|
| 1994 | 535.80 million current LCU | — |
| 1995 | 573.30 million current LCU | +7.0% |
| 1996 | 483.70 million current LCU | -15.6% |
| 1997 | 463.30 million current LCU | -4.2% |
| 1998 | 496.70 million current LCU | +7.2% |
| 1999 | 452.10 million current LCU | -9.0% |
| 2000 | 450.30 million current LCU | -0.4% |
| 2001 | 439.30 million current LCU | -2.4% |
| 2002 | 321.50 million current LCU | -26.8% |
| 2003 | 499.30 million current LCU | +55.3% |
| 2004 | 455.80 million current LCU | -8.7% |
| 2005 | 579.80 million current LCU | +27.2% |
| 2006 | 455.40 million current LCU | -21.5% |
| 2007 | 580.20 million current LCU | +27.4% |
| 2008 | 798.30 million current LCU | +37.6% |
| 2009 | 871.30 million current LCU | +9.1% |
| 2010 | 1.18 billion current LCU | +35.9% |
| 2011 | 1.28 billion current LCU | +8.4% |
| 2012 | 1.60 billion current LCU | +24.8% |
| 2013 | 1.61 billion current LCU | +0.5% |
| 2014 | 1.50 billion current LCU | -6.5% |
| 2015 | 1.30 billion current LCU | -13.4% |
| 2016 | 1.54 billion current LCU | +18.6% |
| 2017 | 1.88 billion current LCU | +21.7% |
| 2018 | 1.88 billion current LCU | -0.0% |
| 2019 | 1.92 billion current LCU | +2.4% |
| 2020 | 1.72 billion current LCU | -10.9% |
| 2021 | 2.03 billion current LCU | +18.1% |
| 2022 | 2.15 billion current LCU | +5.9% |
| 2023 | 2.05 billion current LCU | -4.4% |
| 2024 | 1.81 billion current LCU | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 500.82 million current LCU | 452.10 million current LCU | 573.30 million current LCU | 6 |
| 2000s | 545.12 million current LCU | 321.50 million current LCU | 871.30 million current LCU | 10 |
| 2010s | 1.57 billion current LCU | 1.18 billion current LCU | 1.92 billion current LCU | 10 |
| 2020s | 1.95 billion current LCU | 1.72 billion current LCU | 2.15 billion current LCU | 5 |
Countries ranked near Palestine, State of
- 162 Papua New Guinea 1.96 billion current LCU compare
- 163 Brunei Darussalam 1.95 billion current LCU compare
- 164 Seychelles 1.90 billion current LCU compare
- 166 Cyprus 1.60 billion current LCU compare
- 167 Eritrea 1.57 billion current LCU compare
- 168 South Sudan 1.53 billion current LCU compare
More economy & growth data for Palestine, State of
- GDP (constant 2015 US$), annual growth rate 4.34 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.726 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,302 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.34 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.726 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 2,302 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -10.26 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.0766 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita -242.85 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -10.26 % change on previous year (2025)
Frequently asked questions
- What is manufacturing, value added in Palestine, State of?
- Manufacturing, value added in Palestine, State of was 1.81 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Palestine, State of?
- The highest recorded value was 2.15 billion current LCU in 2022.
- What is the lowest manufacturing, value added recorded in Palestine, State of?
- The lowest recorded value was 321.50 million current LCU in 2002.
- How does Palestine, State of rank for manufacturing, value added?
- Palestine, State of ranks 165th out of 203 countries with data for 2024.
- Is manufacturing, value added rising or falling in Palestine, State of?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is volatile.
- Where does this Palestine, State of data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.