Value Added (Total Manufacturing) — Value US$, 2015 prices in Palestine, State of
Palestine, State of: Value Added (Total Manufacturing) — Value US$, 2015 prices was 1,498 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Palestine, State of, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Palestine, State of recorded 1,498 million USD for value added (total manufacturing) — value us$, 2015 prices in 2023.
The figure is down 7.7% on the previous year and down 5.3% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Palestine, State of peaked at 1,779 million USD in 2019 and was at its lowest, 170.54 million USD, in 1970.
That places Palestine, State of 122nd out of 203 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices in Palestine, State of, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 170.54 million USD | — |
| 1971 | 194.24 million USD | +13.9% |
| 1972 | 227.17 million USD | +17.0% |
| 1973 | 218.29 million USD | -3.9% |
| 1974 | 266.38 million USD | +22.0% |
| 1975 | 269.39 million USD | +1.1% |
| 1976 | 310.58 million USD | +15.3% |
| 1977 | 307.42 million USD | -1.0% |
| 1978 | 346.75 million USD | +12.8% |
| 1979 | 341.28 million USD | -1.6% |
| 1980 | 391.38 million USD | +14.7% |
| 1981 | 367.1 million USD | -6.2% |
| 1982 | 398.32 million USD | +8.5% |
| 1983 | 382.03 million USD | -4.1% |
| 1984 | 402.31 million USD | +5.3% |
| 1985 | 401.4 million USD | -0.2% |
| 1986 | 478.57 million USD | +19.2% |
| 1987 | 462.54 million USD | -3.4% |
| 1988 | 450.26 million USD | -2.7% |
| 1989 | 474.35 million USD | +5.3% |
| 1990 | 570.75 million USD | +20.3% |
| 1991 | 533.26 million USD | -6.6% |
| 1992 | 633.84 million USD | +18.9% |
| 1993 | 671.83 million USD | +6.0% |
| 1994 | 986.99 million USD | +46.9% |
| 1995 | 982.5 million USD | -0.5% |
| 1996 | 802.9 million USD | -18.3% |
| 1997 | 797.41 million USD | -0.7% |
| 1998 | 867.76 million USD | +8.8% |
| 1999 | 822.86 million USD | -5.2% |
| 2000 | 786.27 million USD | -4.4% |
| 2001 | 777.46 million USD | -1.1% |
| 2002 | 592.36 million USD | -23.8% |
| 2003 | 799.91 million USD | +35.0% |
| 2004 | 845.5 million USD | +5.7% |
| 2005 | 1,071 million USD | +26.7% |
| 2006 | 728.7 million USD | -32.0% |
| 2007 | 702.8 million USD | -3.6% |
| 2008 | 1,022 million USD | +45.4% |
| 2009 | 1,112 million USD | +8.8% |
| 2010 | 1,339 million USD | +20.4% |
| 2011 | 1,329 million USD | -0.7% |
| 2012 | 1,504 million USD | +13.2% |
| 2013 | 1,582 million USD | +5.2% |
| 2014 | 1,438 million USD | -9.1% |
| 2015 | 1,302 million USD | -9.4% |
| 2016 | 1,500 million USD | +15.1% |
| 2017 | 1,757 million USD | +17.2% |
| 2018 | 1,763 million USD | +0.3% |
| 2019 | 1,779 million USD | +0.9% |
| 2020 | 1,501 million USD | -15.6% |
| 2021 | 1,538 million USD | +2.5% |
| 2022 | 1,623 million USD | +5.5% |
| 2023 | 1,498 million USD | -7.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 265.2 million USD | 170.54 million USD | 346.75 million USD | 10 |
| 1980s | 420.83 million USD | 367.1 million USD | 478.57 million USD | 10 |
| 1990s | 767.01 million USD | 533.26 million USD | 986.99 million USD | 10 |
| 2000s | 843.83 million USD | 592.36 million USD | 1,112 million USD | 10 |
| 2010s | 1,529 million USD | 1,302 million USD | 1,779 million USD | 10 |
| 2020s | 1,540 million USD | 1,498 million USD | 1,623 million USD | 4 |
Countries ranked near Palestine, State of
More economy & growth data for Palestine, State of
- Manufacturing, value added (current US$), per unit of GDP 0.1132 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 342.74 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.1132 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 342.74 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.1115 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 353.55 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 353.55 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual -16.22 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.1625 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 492.16 current US$ per person (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Palestine, State of?
- Value added (total manufacturing) — value us$, 2015 prices in Palestine, State of was 1,498 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Palestine, State of?
- The highest recorded value was 1,779 million USD in 2019.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Palestine, State of?
- The lowest recorded value was 170.54 million USD in 1970.
- How does Palestine, State of rank for value added (total manufacturing) — value us$, 2015 prices?
- Palestine, State of ranks 122nd out of 203 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices 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 US$, 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).