Manufacturing, value added in Palau
Palau: Manufacturing, value added was 3.89 million current US$ in 2024. ▼ Falling
Manufacturing, value added in Palau, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Palau recorded 3.89 million current US$ for manufacturing, value added in 2024.
The figure is up 23.4% on the previous year and up 59.4% over ten years.
Over the whole period, manufacturing, value added in Palau peaked at 7.46 million current US$ in 2002 and was at its lowest, 1.44 million current US$, in 2007.
Palau ranks 202nd of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Manufacturing, value added in Palau, year by year
| Year | current US$ | Change |
|---|---|---|
| 2000 | 4.10 million current US$ | — |
| 2001 | 5.25 million current US$ | +28.0% |
| 2002 | 7.46 million current US$ | +42.3% |
| 2003 | 2.91 million current US$ | -61.0% |
| 2004 | 1.44 million current US$ | -50.4% |
| 2005 | 1.52 million current US$ | +5.5% |
| 2006 | 1.45 million current US$ | -4.7% |
| 2007 | 1.44 million current US$ | -1.0% |
| 2008 | 1.82 million current US$ | +26.5% |
| 2009 | 1.60 million current US$ | -12.3% |
| 2010 | 1.49 million current US$ | -6.5% |
| 2011 | 1.69 million current US$ | +13.1% |
| 2012 | 2.09 million current US$ | +23.8% |
| 2013 | 2.33 million current US$ | +11.1% |
| 2014 | 2.44 million current US$ | +5.0% |
| 2015 | 2.67 million current US$ | +9.2% |
| 2016 | 2.82 million current US$ | +5.9% |
| 2017 | 2.83 million current US$ | +0.4% |
| 2018 | 2.92 million current US$ | +3.0% |
| 2019 | 2.92 million current US$ | +0.1% |
| 2020 | 2.66 million current US$ | -8.9% |
| 2021 | 2.45 million current US$ | -8.0% |
| 2022 | 2.67 million current US$ | +8.9% |
| 2023 | 3.15 million current US$ | +18.1% |
| 2024 | 3.89 million current US$ | +23.4% |
Palau compared with similar countries
- Palau's 3.89 million current US$ is below the median for high income countries, which is 12.50 billion current US$, 0% of the median. (75 countries reporting)
- Palau's 3.89 million current US$ is below the median for East Asia & Pacific, which is 1.49 billion current US$, 0% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.90 million current US$ | 1.44 million current US$ | 7.46 million current US$ | 10 |
| 2010s | 2.42 million current US$ | 1.49 million current US$ | 2.92 million current US$ | 10 |
| 2020s | 2.97 million current US$ | 2.45 million current US$ | 3.89 million current US$ | 5 |
Countries ranked near Palau
- 199 Marshall Islands 9.04 million current US$ compare
- 200 Turks and Caicos Islands 7.80 million current US$ compare
- 201 Sao Tome and Principe 5.83 million current US$ compare
- 203 Micronesia (country) 2.41 million current US$ compare
- 204 Tuvalu 402,285 current US$ compare
- 205 Venezuela 0 current 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)
- 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 3.89 million current 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 7.46 million current US$ in 2002.
- What is the lowest manufacturing, value added recorded in Palau?
- The lowest recorded value was 1.44 million current US$ in 2007.
- How does Palau rank for manufacturing, value added?
- Palau ranks 202nd out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Palau?
- Over the last ten years it is up 59.4%. 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 Manufacturing, value added (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.