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

Latest (2023)
1,498 million USD
Change on year
down 7.7%
World rank
122nd
of 203 countries
All-time high
1,779 million USD
in 2019
All-time low
170.54 million USD
in 1970
Years of data
54
1970–2023

Value Added (Total Manufacturing) — Value US$, 2015 prices in Palestine, State of, 1970–2023

05001.0k1.5k2.0k197019962023

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

Annual values for Value Added (Total Manufacturing) — Value US$, 2015 prices in Palestine, State of, 1970 to 2023.
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

DecadeAverage LowestHighest 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

  1. 119 Mauritius 1,604 million USD compare
  2. 120 Lebanon 1,579 million USD compare
  3. 121 Eswatini 1,551 million USD compare
  4. 123 Chad 1,456 million USD compare
  5. 124 Malawi 1,429 million USD compare
  6. 125 Kyrgyzstan 1,395 million USD compare

See the full ranking of 252 places →

More economy & growth data for Palestine, State of

All data for Palestine, State of →

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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Value Added (Total Manufacturing) — Value US$, 2015 prices in Palestine, State of. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/value-added-total-manufacturing-value-us-2015-prices/west-bank-and-gaza/

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About this data

Indicator
Value Added (Total Manufacturing) — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,511 data points, 1970–2023
Last refreshed

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).