Value Added (Total Manufacturing) — Value Standard Local Currency in Palau
Palau: Value Added (Total Manufacturing) — Value Standard Local Currency was 2.48 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Palau, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Palau is 2.48 million SLC, measured in 2023.
Compared with earlier readings it is up 9.0% on the previous year and up 4.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Palau peaked at 4.45 million SLC in 2002 and was at its lowest, 1.64 million SLC, in 2003.
That places Palau 193rd out of 194 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Palau, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 2.12 million SLC | — |
| 1971 | 2.12 million SLC | +0.1% |
| 1972 | 2.13 million SLC | +0.3% |
| 1973 | 2.13 million SLC | +0.2% |
| 1974 | 2.13 million SLC | +0.1% |
| 1975 | 2.13 million SLC | +0.0% |
| 1976 | 2.13 million SLC | -0.0% |
| 1977 | 2.16 million SLC | +1.4% |
| 1978 | 2.15 million SLC | -0.5% |
| 1979 | 2.14 million SLC | -0.4% |
| 1980 | 2.14 million SLC | -0.3% |
| 1981 | 2.13 million SLC | -0.4% |
| 1982 | 2.12 million SLC | -0.4% |
| 1983 | 2.16 million SLC | +1.7% |
| 1984 | 2.26 million SLC | +4.9% |
| 1985 | 2.39 million SLC | +5.7% |
| 1986 | 2.52 million SLC | +5.3% |
| 1987 | 2.64 million SLC | +4.9% |
| 1988 | 2.76 million SLC | +4.5% |
| 1989 | 2.99 million SLC | +8.2% |
| 1990 | 3.15 million SLC | +5.5% |
| 1991 | 3.25 million SLC | +2.9% |
| 1992 | 3.24 million SLC | -0.2% |
| 1993 | 2.76 million SLC | -14.7% |
| 1994 | 3.6 million SLC | +30.2% |
| 1995 | 3.52 million SLC | -2.2% |
| 1996 | 3.44 million SLC | -2.2% |
| 1997 | 3.36 million SLC | -2.2% |
| 1998 | 3.29 million SLC | -2.2% |
| 1999 | 3.22 million SLC | -2.2% |
| 2000 | 3.15 million SLC | -2.2% |
| 2001 | 3.75 million SLC | +19.1% |
| 2002 | 4.45 million SLC | +18.6% |
| 2003 | 1.64 million SLC | -63.2% |
| 2004 | 2.01 million SLC | +23.1% |
| 2005 | 1.97 million SLC | -2.1% |
| 2006 | 1.77 million SLC | -10.4% |
| 2007 | 1.75 million SLC | -0.8% |
| 2008 | 2.05 million SLC | +16.9% |
| 2009 | 1.78 million SLC | -13.2% |
| 2010 | 1.72 million SLC | -3.5% |
| 2011 | 1.88 million SLC | +9.7% |
| 2012 | 2.23 million SLC | +18.4% |
| 2013 | 2.38 million SLC | +6.9% |
| 2014 | 2.41 million SLC | +1.1% |
| 2015 | 2.67 million SLC | +10.7% |
| 2016 | 2.85 million SLC | +6.9% |
| 2017 | 2.84 million SLC | -0.5% |
| 2018 | 2.86 million SLC | +1.0% |
| 2019 | 2.85 million SLC | -0.4% |
| 2020 | 2.59 million SLC | -9.3% |
| 2021 | 2.41 million SLC | -7.0% |
| 2022 | 2.28 million SLC | -5.4% |
| 2023 | 2.48 million SLC | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.14 million SLC | 2.12 million SLC | 2.16 million SLC | 10 |
| 1980s | 2.41 million SLC | 2.12 million SLC | 2.99 million SLC | 10 |
| 1990s | 3.28 million SLC | 2.76 million SLC | 3.6 million SLC | 10 |
| 2000s | 2.43 million SLC | 1.64 million SLC | 4.45 million SLC | 10 |
| 2010s | 2.47 million SLC | 1.72 million SLC | 2.86 million SLC | 10 |
| 2020s | 2.44 million SLC | 2.28 million SLC | 2.59 million SLC | 4 |
Countries ranked near Palau
- 190 Cook Islands 5.9 million SLC compare
- 191 Turks and Caicos Islands 5.44 million SLC compare
- 192 Marshall Islands 2.6 million SLC compare
- 194 Tuvalu 0.0675 million SLC 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 6.71 % change on previous year (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- 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) — value standard local currency in Palau?
- Value added (total manufacturing) — value standard local currency in Palau was 2.48 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Palau?
- The highest recorded value was 4.45 million SLC in 2002.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Palau?
- The lowest recorded value was 1.64 million SLC in 2003.
- How does Palau rank for value added (total manufacturing) — value standard local currency?
- Palau ranks 193rd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Palau?
- Over the last ten years it is up 4.2%. The long-run trend across the full record is rising.
- 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) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).