Manufacturing, value added in Palestine, State of
Palestine, State of: Manufacturing, value added was 11.3% in 2024. ▼ Falling
Manufacturing, value added in Palestine, State of, 1994–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for manufacturing, value added in Palestine, State of is 11.3%, measured in 2024.
Compared with earlier readings it is up 2.9% on the previous year and up 5.3% over ten years.
Over the whole period, manufacturing, value added in Palestine, State of peaked at 18.8% in 1994 and was at its lowest, 8.5%, in 2006.
That places Palestine, State of 86th out of 205 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 31 years of available data.
Manufacturing, value added in Palestine, State of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1994 | 18.8% | — |
| 1995 | 17.5% | -7.3% |
| 1996 | 14.2% | -18.8% |
| 1997 | 12.3% | -13.1% |
| 1998 | 12.2% | -0.9% |
| 1999 | 10.6% | -13.3% |
| 2000 | 10.4% | -1.4% |
| 2001 | 11.0% | +5.1% |
| 2002 | 9.0% | -17.6% |
| 2003 | 12.6% | +39.2% |
| 2004 | 9.9% | -21.3% |
| 2005 | 11.3% | +14.2% |
| 2006 | 8.5% | -24.7% |
| 2007 | 10.0% | +17.2% |
| 2008 | 10.9% | +9.5% |
| 2009 | 10.8% | -1.3% |
| 2010 | 12.2% | +13.5% |
| 2011 | 11.5% | -6.2% |
| 2012 | 13.1% | +14.3% |
| 2013 | 11.9% | -9.2% |
| 2014 | 10.8% | -9.6% |
| 2015 | 9.3% | -13.3% |
| 2016 | 10.0% | +7.6% |
| 2017 | 11.7% | +16.2% |
| 2018 | 11.5% | -0.9% |
| 2019 | 11.2% | -2.7% |
| 2020 | 11.0% | -1.7% |
| 2021 | 11.2% | +1.3% |
| 2022 | 11.2% | +0.0% |
| 2023 | 11.0% | -1.7% |
| 2024 | 11.3% | +2.9% |
Palestine, State of compared with similar countries
- Palestine, State of's 11.3% is below the median for lower middle income countries, which is 11.4%, 99% of the median. (47 countries reporting)
- Palestine, State of's 11.3% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 9.5%, 1.2× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.3% | 10.6% | 18.8% | 6 |
| 2000s | 10.4% | 8.5% | 12.6% | 10 |
| 2010s | 11.3% | 9.3% | 13.1% | 10 |
| 2020s | 11.2% | 11.0% | 11.3% | 5 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Foreign direct investment, net outflows (BoP, current US$), gaps 14.66 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 329.83 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 103.37 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0192 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 60.93 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 37.44 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1063 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 337.15 includes gold, current US$ per person (2025)
Frequently asked questions
- What is manufacturing, value added in Palestine, State of?
- Manufacturing, value added in Palestine, State of was 11.3% 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 18.8% in 1994.
- What is the lowest manufacturing, value added recorded in Palestine, State of?
- The lowest recorded value was 8.5% in 2006.
- How does Palestine, State of rank for manufacturing, value added?
- Palestine, State of ranks 86th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Palestine, State of?
- Over the last ten years it is up 5.3%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.