Value Added (Total Manufacturing) — Annual growth US$ in Palau
Palau: Value Added (Total Manufacturing) — Annual growth US$ was 18.14 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth US$ in Palau, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, value added (total manufacturing) — annual growth us$ in Palau stood at 18.14 %.
The figure 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 us$ in Palau peaked at 38.6 % in 1991 and was at its lowest, -62.38 %, in 2003.
That places Palau 24th out of 236 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Annual growth US$ 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% |
Palau compared with similar countries
- Palau's 18.14 % is above the median for high income countries, which is 5.46 %, 3.3× the median. (73 countries reporting)
- Palau's 18.14 % is above the median for East Asia & Pacific, which is 2.83 %, 6.4× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Annual growth US$ in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -6655.3% | 0.1356 % | -8.89 % |
| 2008 | +2628.6% | -1.05 % | 26.46 % |
| 2001 | +723.5% | 2.3 % | 18.92 % |
| 2000 | +647.7% | 0.3073 % | 2.3 % |
| 2018 | +565.2% | 0.4278 % | 2.85 % |
| 1985 | +522.3% | -5.46 % | 23.05 % |
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
- 21 Republic of Moldova 18.99 % compare
- 21 Moldova 18.99 % compare
- 23 Turks and Caicos Islands 18.68 % compare
- 25 Guinea-Bissau 17.92 % compare
- 26 Iran (Islamic Republic of) 17.72 % compare
- 27 Syrian Arab Republic 17.36 % compare
- 27 Syria 17.36 % 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)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (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 us$ in Palau?
- Value added (total manufacturing) — annual growth us$ 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 us$ recorded in Palau?
- The highest recorded value was 38.6 % in 1991.
- What is the lowest value added (total manufacturing) — annual growth us$ recorded in Palau?
- The lowest recorded value was -62.38 % in 2003.
- How does Palau rank for value added (total manufacturing) — annual growth us$?
- Palau ranks 24th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — annual growth us$ 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 US$. 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).