Manufacturing, value added in Palestine, State of
Palestine, State of: Manufacturing, value added was 1.81 billion current US$ in 2024. ◆ Volatile
Manufacturing, value added in Palestine, State of, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Palestine, State of stood at 1.81 billion current US$.
That represents a change of 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 US$ in 2022 and was at its lowest, 321.50 million current US$, in 2002.
That places Palestine, State of 125th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added in Palestine, State of, year by year
| Year | current US$ | Change |
|---|---|---|
| 1994 | 535.80 million current US$ | — |
| 1995 | 573.30 million current US$ | +7.0% |
| 1996 | 483.70 million current US$ | -15.6% |
| 1997 | 463.30 million current US$ | -4.2% |
| 1998 | 496.70 million current US$ | +7.2% |
| 1999 | 452.10 million current US$ | -9.0% |
| 2000 | 450.30 million current US$ | -0.4% |
| 2001 | 439.30 million current US$ | -2.4% |
| 2002 | 321.50 million current US$ | -26.8% |
| 2003 | 499.30 million current US$ | +55.3% |
| 2004 | 455.80 million current US$ | -8.7% |
| 2005 | 579.80 million current US$ | +27.2% |
| 2006 | 455.40 million current US$ | -21.5% |
| 2007 | 580.20 million current US$ | +27.4% |
| 2008 | 798.30 million current US$ | +37.6% |
| 2009 | 871.30 million current US$ | +9.1% |
| 2010 | 1.18 billion current US$ | +35.9% |
| 2011 | 1.28 billion current US$ | +8.4% |
| 2012 | 1.60 billion current US$ | +24.8% |
| 2013 | 1.61 billion current US$ | +0.5% |
| 2014 | 1.50 billion current US$ | -6.5% |
| 2015 | 1.30 billion current US$ | -13.4% |
| 2016 | 1.54 billion current US$ | +18.6% |
| 2017 | 1.88 billion current US$ | +21.7% |
| 2018 | 1.88 billion current US$ | -0.0% |
| 2019 | 1.92 billion current US$ | +2.4% |
| 2020 | 1.72 billion current US$ | -10.9% |
| 2021 | 2.03 billion current US$ | +18.1% |
| 2022 | 2.15 billion current US$ | +5.9% |
| 2023 | 2.05 billion current US$ | -4.4% |
| 2024 | 1.81 billion current US$ | -11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 500.82 million current US$ | 452.10 million current US$ | 573.30 million current US$ | 6 |
| 2000s | 545.12 million current US$ | 321.50 million current US$ | 871.30 million current US$ | 10 |
| 2010s | 1.57 billion current US$ | 1.18 billion current US$ | 1.92 billion current US$ | 10 |
| 2020s | 1.95 billion current US$ | 1.72 billion current US$ | 2.15 billion current US$ | 5 |
Countries ranked near Palestine, State of
- 122 Albania 1.84 billion current US$ compare
- 123 Burkina Faso 1.83 billion current US$ compare
- 124 Mauritius 1.82 billion current US$ compare
- 126 Cyprus 1.81 billion current US$ compare
- 127 Jamaica 1.75 billion current US$ compare
- 128 Lao People's Democratic Republic 1.67 billion current US$ compare
More economy & growth data for Palestine, State of
- GNI (current LCU), annual growth rate 8.3 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.06 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 3,370 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual 29.92 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual 29.92 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate -21.19 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1802 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 545.64 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate -21.19 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1802 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is manufacturing, value added in Palestine, State of?
- Manufacturing, value added in Palestine, State of was 1.81 billion current US$ 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 US$ in 2022.
- What is the lowest manufacturing, value added recorded in Palestine, State of?
- The lowest recorded value was 321.50 million current US$ in 2002.
- How does Palestine, State of rank for manufacturing, value added?
- Palestine, State of ranks 125th 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 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.