Value Added (Total Manufacturing) — Value US$ in Palau
Palau: Value Added (Total Manufacturing) — Value US$ was 3.15 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Palau, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$ in Palau is 3.15 million USD, measured in 2023.
The figure is up 18.1% on the previous year and up 35.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Palau peaked at 3.17 million USD in 2002 and was at its lowest, 0.0455 million USD, in 1970.
That places Palau 218th out of 220 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.072 million USD | 0.0455 million USD | 0.1053 million USD | 10 |
| 1980s | 0.2256 million USD | 0.1152 million USD | 0.4411 million USD | 10 |
| 1990s | 1.23 million USD | 0.5668 million USD | 2.22 million USD | 10 |
| 2000s | 1.87 million USD | 1.19 million USD | 3.17 million USD | 10 |
| 2010s | 2.42 million USD | 1.5 million USD | 2.92 million USD | 10 |
| 2020s | 2.73 million USD | 2.45 million USD | 3.15 million USD | 4 |
Countries ranked near Palau
- 215 Turks and Caicos Islands 8.63 million USD compare
- 216 Cook Islands 6.85 million USD compare
- 217 Montserrat 3.23 million USD compare
- 219 Micronesia (Federated States of) 2.26 million USD compare
- 220 Tuvalu 0.0882 million USD compare
More economy & growth data for Palau
- Gross fixed capital formation 115.22 million current US$ (2024)
- Gross national expenditure 147.9% (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Exports of goods and services 40.6% (2024)
- Services, value added 8.9% (2024)
- Exports of goods and services 32.7% (2024)
- Changes in inventories -2.80 million current US$ (2024)
- Gross fixed capital formation 35.8% (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Palau?
- Value added (total manufacturing) — value us$ in Palau was 3.15 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$ recorded in Palau?
- The highest recorded value was 3.17 million USD in 2002.
- What is the lowest value added (total manufacturing) — value us$ recorded in Palau?
- The lowest recorded value was 0.0455 million USD in 1970.
- How does Palau rank for value added (total manufacturing) — value us$?
- Palau ranks 218th out of 220 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Palau?
- Over the last ten years it is up 35.6%. The long-run trend across the full record is volatile.
- 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 US$. 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).