Value Added (Total Manufacturing) — Value Standard Local Currency in Palestine, State of
Palestine, State of: Value Added (Total Manufacturing) — Value Standard Local Currency was 1,498 million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Palestine, State of, 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 Palestine, State of is 1,498 million SLC, measured in 2023.
That represents a change of down 7.7% on the previous year and down 5.3% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Palestine, State of peaked at 1,779 million SLC in 2019 and was at its lowest, 170.54 million SLC, in 1970.
That places Palestine, State of 152nd out of 194 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) — Value Standard Local Currency in Palestine, State of, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 170.54 million SLC | — |
| 1971 | 194.24 million SLC | +13.9% |
| 1972 | 227.17 million SLC | +17.0% |
| 1973 | 218.29 million SLC | -3.9% |
| 1974 | 266.38 million SLC | +22.0% |
| 1975 | 269.39 million SLC | +1.1% |
| 1976 | 310.58 million SLC | +15.3% |
| 1977 | 307.42 million SLC | -1.0% |
| 1978 | 346.75 million SLC | +12.8% |
| 1979 | 341.28 million SLC | -1.6% |
| 1980 | 391.38 million SLC | +14.7% |
| 1981 | 367.1 million SLC | -6.2% |
| 1982 | 398.32 million SLC | +8.5% |
| 1983 | 382.03 million SLC | -4.1% |
| 1984 | 402.31 million SLC | +5.3% |
| 1985 | 401.4 million SLC | -0.2% |
| 1986 | 478.57 million SLC | +19.2% |
| 1987 | 462.54 million SLC | -3.4% |
| 1988 | 450.26 million SLC | -2.7% |
| 1989 | 474.35 million SLC | +5.3% |
| 1990 | 570.75 million SLC | +20.3% |
| 1991 | 533.26 million SLC | -6.6% |
| 1992 | 633.84 million SLC | +18.9% |
| 1993 | 671.83 million SLC | +6.0% |
| 1994 | 986.99 million SLC | +46.9% |
| 1995 | 982.5 million SLC | -0.5% |
| 1996 | 802.9 million SLC | -18.3% |
| 1997 | 797.41 million SLC | -0.7% |
| 1998 | 867.76 million SLC | +8.8% |
| 1999 | 822.86 million SLC | -5.2% |
| 2000 | 786.27 million SLC | -4.4% |
| 2001 | 777.46 million SLC | -1.1% |
| 2002 | 592.36 million SLC | -23.8% |
| 2003 | 799.91 million SLC | +35.0% |
| 2004 | 845.5 million SLC | +5.7% |
| 2005 | 1,071 million SLC | +26.7% |
| 2006 | 728.7 million SLC | -32.0% |
| 2007 | 702.8 million SLC | -3.6% |
| 2008 | 1,022 million SLC | +45.4% |
| 2009 | 1,112 million SLC | +8.8% |
| 2010 | 1,339 million SLC | +20.4% |
| 2011 | 1,329 million SLC | -0.7% |
| 2012 | 1,504 million SLC | +13.2% |
| 2013 | 1,582 million SLC | +5.2% |
| 2014 | 1,438 million SLC | -9.1% |
| 2015 | 1,302 million SLC | -9.4% |
| 2016 | 1,500 million SLC | +15.1% |
| 2017 | 1,757 million SLC | +17.2% |
| 2018 | 1,763 million SLC | +0.3% |
| 2019 | 1,779 million SLC | +0.9% |
| 2020 | 1,501 million SLC | -15.6% |
| 2021 | 1,538 million SLC | +2.5% |
| 2022 | 1,623 million SLC | +5.5% |
| 2023 | 1,498 million SLC | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 265.2 million SLC | 170.54 million SLC | 346.75 million SLC | 10 |
| 1980s | 420.83 million SLC | 367.1 million SLC | 478.57 million SLC | 10 |
| 1990s | 767.01 million SLC | 533.26 million SLC | 986.99 million SLC | 10 |
| 2000s | 843.83 million SLC | 592.36 million SLC | 1,112 million SLC | 10 |
| 2010s | 1,529 million SLC | 1,302 million SLC | 1,779 million SLC | 10 |
| 2020s | 1,540 million SLC | 1,498 million SLC | 1,623 million SLC | 4 |
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 value added (total manufacturing) — value standard local currency in Palestine, State of?
- Value added (total manufacturing) — value standard local currency in Palestine, State of was 1,498 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 Palestine, State of?
- The highest recorded value was 1,779 million SLC in 2019.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Palestine, State of?
- The lowest recorded value was 170.54 million SLC in 1970.
- How does Palestine, State of rank for value added (total manufacturing) — value standard local currency?
- Palestine, State of ranks 152nd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Palestine, State of?
- Over the last ten years it is down 5.3%. 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) — Value Standard Local Currency, 2015 prices. 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).