Value Added (Total Manufacturing) — Annual growth US$ in Palestine, State of
Palestine, State of: Value Added (Total Manufacturing) — Annual growth US$ was -9.64 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Annual growth US$ in Palestine, State of, 1971–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, value added (total manufacturing) — annual growth us$ in Palestine, State of stood at -9.64 %.
That represents a change of down 264.6% on the previous year and down 2,130.0% over ten years.
Over the whole period, value added (total manufacturing) — annual growth us$ in Palestine, State of peaked at 60.39 % in 1986 and was at its lowest, -26.82 %, in 2002.
That places Palestine, State of 185th out of 203 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Annual growth US$ in Palestine, State of, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 14.75 % | — |
| 1972 | 45.13 % | +205.9% |
| 1973 | 24.67 % | -45.3% |
| 1974 | 56.62 % | +129.5% |
| 1975 | 0.3912 % | -99.3% |
| 1976 | 17.52 % | +4378.3% |
| 1977 | 2.96 % | -83.1% |
| 1978 | 3.93 % | +32.7% |
| 1979 | 16.18 % | +311.3% |
| 1980 | 27.02 % | +67.0% |
| 1981 | -7.62 % | -128.2% |
| 1982 | 6.2 % | -181.4% |
| 1983 | 3.48 % | -43.9% |
| 1984 | -1.35 % | -138.8% |
| 1985 | -6.26 % | +363.3% |
| 1986 | 60.39 % | -1064.6% |
| 1987 | 9.46 % | -84.3% |
| 1988 | 4.27 % | -54.9% |
| 1989 | -2.15 % | -150.4% |
| 1990 | 9.69 % | -550.3% |
| 1991 | 5.17 % | -46.7% |
| 1992 | 18.38 % | +255.7% |
| 1993 | 3.85 % | -79.0% |
| 1994 | 28.81 % | +648.1% |
| 1995 | 7 % | -75.7% |
| 1996 | -15.63 % | -323.3% |
| 1997 | -4.22 % | -73.0% |
| 1998 | 7.21 % | -270.9% |
| 1999 | -8.98 % | -224.6% |
| 2000 | -0.3981 % | -95.6% |
| 2001 | -2.44 % | +513.6% |
| 2002 | -26.82 % | +997.7% |
| 2003 | 55.3 % | -306.2% |
| 2004 | -8.71 % | -115.8% |
| 2005 | 27.2 % | -412.3% |
| 2006 | -21.46 % | -178.9% |
| 2007 | 27.4 % | -227.7% |
| 2008 | 37.59 % | +37.2% |
| 2009 | 9.14 % | -75.7% |
| 2010 | 35.89 % | +292.5% |
| 2011 | 8.36 % | -76.7% |
| 2012 | 24.75 % | +196.1% |
| 2013 | 0.4748 % | -98.1% |
| 2014 | -6.48 % | -1464.6% |
| 2015 | -13.4 % | +106.9% |
| 2016 | 18.6 % | -238.7% |
| 2017 | 21.7 % | +16.7% |
| 2018 | -0.016 % | -100.1% |
| 2019 | 2.42 % | -15235.9% |
| 2020 | -10.86 % | -549.7% |
| 2021 | 18.14 % | -267.0% |
| 2022 | 5.86 % | -67.7% |
| 2023 | -9.64 % | -264.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 20.24 % | 0.3912 % | 56.62 % | 9 |
| 1980s | 9.34 % | -7.62 % | 60.39 % | 10 |
| 1990s | 5.13 % | -15.63 % | 28.81 % | 10 |
| 2000s | 9.68 % | -26.82 % | 55.3 % | 10 |
| 2010s | 9.23 % | -13.4 % | 35.89 % | 10 |
| 2020s | 0.8728 % | -10.86 % | 18.14 % | 4 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Gross capital formation (constant 2015 US$), annual growth rate 4.62 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2123 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 673.21 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 8.8 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5353 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 1,698 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 8.8 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.5353 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 1,698 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate -0.193 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — annual growth us$ in Palestine, State of?
- Value added (total manufacturing) — annual growth us$ in Palestine, State of was -9.64 % 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 Palestine, State of?
- The highest recorded value was 60.39 % in 1986.
- What is the lowest value added (total manufacturing) — annual growth us$ recorded in Palestine, State of?
- The lowest recorded value was -26.82 % in 2002.
- How does Palestine, State of rank for value added (total manufacturing) — annual growth us$?
- Palestine, State of ranks 185th out of 203 countries with data for 2023.
- Is value added (total manufacturing) — annual growth us$ rising or falling in Palestine, State of?
- Over the last ten years it is down 2,130.0%. The long-run trend across the full record is volatile.
- Where does this Palestine, State of 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.
Download this data
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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).