Value Added (Total Manufacturing) — Annual growth Standard Local in Palau
Palau: Value Added (Total Manufacturing) — Annual growth Standard Local was 18.14 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth Standard Local in Palau, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for value added (total manufacturing) — annual growth standard local in Palau is 18.14 %, measured in 2023.
Compared with earlier readings it is up 104.4% on the previous year and up 65.3% over ten years.
Over the whole period, value added (total manufacturing) — annual growth standard local in Palau peaked at 38.6 % in 1991 and was at its lowest, -62.38 %, in 2003.
That places Palau 35th out of 202 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Annual growth Standard Local in Palau, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 9.85 % | — |
| 1972 | 9.88 % | +0.3% |
| 1973 | 10.08 % | +2.0% |
| 1974 | 9.7 % | -3.7% |
| 1975 | 9.67 % | -0.3% |
| 1976 | 9.92 % | +2.6% |
| 1977 | 10.06 % | +1.4% |
| 1978 | 11.04 % | +9.8% |
| 1979 | 7.84 % | -29.0% |
| 1980 | 9.5 % | +21.2% |
| 1981 | 11.2 % | +17.9% |
| 1982 | 13.35 % | +19.2% |
| 1983 | 13.92 % | +4.2% |
| 1984 | -5.46 % | -139.2% |
| 1985 | 23.05 % | -522.3% |
| 1986 | 24.11 % | +4.6% |
| 1987 | 27.76 % | +15.2% |
| 1988 | 20.3 % | -26.9% |
| 1989 | 20.11 % | -1.0% |
| 1990 | 28.5 % | +41.7% |
| 1991 | 38.6 % | +35.4% |
| 1992 | -3.21 % | -108.3% |
| 1993 | -5.41 % | +68.2% |
| 1994 | 22.36 % | -513.6% |
| 1995 | 26.01 % | +16.3% |
| 1996 | 17.93 % | -31.1% |
| 1997 | 35.5 % | +98.1% |
| 1998 | 25.03 % | -29.5% |
| 1999 | 0.3073 % | -98.8% |
| 2000 | 2.3 % | +647.7% |
| 2001 | 18.92 % | +723.5% |
| 2002 | 17.28 % | -8.7% |
| 2003 | -62.38 % | -460.9% |
| 2004 | 25.94 % | -141.6% |
| 2005 | 1.2 % | -95.4% |
| 2006 | -4.48 % | -474.2% |
| 2007 | -1.05 % | -76.6% |
| 2008 | 26.46 % | -2628.6% |
| 2009 | -12.23 % | -146.2% |
| 2010 | -6.18 % | -49.5% |
| 2011 | 13.11 % | -311.9% |
| 2012 | 23.82 % | +81.7% |
| 2013 | 10.98 % | -53.9% |
| 2014 | 4.96 % | -54.8% |
| 2015 | 9.28 % | +87.2% |
| 2016 | 6 % | -35.4% |
| 2017 | 0.4278 % | -92.9% |
| 2018 | 2.85 % | +565.2% |
| 2019 | 0.1356 % | -95.2% |
| 2020 | -8.89 % | -6655.3% |
| 2021 | -7.96 % | -10.5% |
| 2022 | 8.88 % | -211.6% |
| 2023 | 18.14 % | +104.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.78 % | 7.84 % | 11.04 % | 9 |
| 1980s | 15.78 % | -5.46 % | 27.76 % | 10 |
| 1990s | 18.56 % | -5.41 % | 38.6 % | 10 |
| 2000s | 1.19 % | -62.38 % | 26.46 % | 10 |
| 2010s | 6.54 % | -6.18 % | 23.82 % | 10 |
| 2020s | 2.54 % | -8.89 % | 18.14 % | 4 |
Countries ranked near Palau
- 32 Rwanda 18.78 % compare
- 33 Turks and Caicos Islands 18.68 % compare
- 34 Uzbekistan 18.47 % compare
- 36 Hungary 16.11 % compare
- 37 Bangladesh 16.07 % compare
- 38 Zambia 15.92 % 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)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- 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)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is value added (total manufacturing) — annual growth standard local in Palau?
- Value added (total manufacturing) — annual growth standard local in Palau was 18.14 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — annual growth standard local recorded in Palau?
- The highest recorded value was 38.6 % in 1991.
- What is the lowest value added (total manufacturing) — annual growth standard local recorded in Palau?
- The lowest recorded value was -62.38 % in 2003.
- How does Palau rank for value added (total manufacturing) — annual growth standard local?
- Palau ranks 35th out of 202 countries with data for 2023.
- Is value added (total manufacturing) — annual growth standard local rising or falling in Palau?
- Over the last ten years it is up 65.3%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Annual growth Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).