Value Added (Total Manufacturing) — Value US$ in Palestine, State of
Palestine, State of: Value Added (Total Manufacturing) — Value US$ was 1,939 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$ in Palestine, State of, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, value added (total manufacturing) — value us$ in Palestine, State of stood at 1,939 million USD.
The figure is down 9.6% on the previous year and up 20.6% over ten years.
Over the whole period, value added (total manufacturing) — value us$ in Palestine, State of peaked at 2,146 million USD in 2022 and was at its lowest, 28.79 million USD, in 1970.
That places Palestine, State of 120th 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$ in Palestine, State of, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 28.79 million USD | — |
| 1971 | 33.04 million USD | +14.8% |
| 1972 | 47.95 million USD | +45.1% |
| 1973 | 59.77 million USD | +24.7% |
| 1974 | 93.61 million USD | +56.6% |
| 1975 | 93.98 million USD | +0.4% |
| 1976 | 110.44 million USD | +17.5% |
| 1977 | 113.72 million USD | +3.0% |
| 1978 | 118.19 million USD | +3.9% |
| 1979 | 137.31 million USD | +16.2% |
| 1980 | 174.41 million USD | +27.0% |
| 1981 | 161.11 million USD | -7.6% |
| 1982 | 171.11 million USD | +6.2% |
| 1983 | 177.06 million USD | +3.5% |
| 1984 | 174.67 million USD | -1.4% |
| 1985 | 163.73 million USD | -6.3% |
| 1986 | 262.61 million USD | +60.4% |
| 1987 | 287.46 million USD | +9.5% |
| 1988 | 299.74 million USD | +4.3% |
| 1989 | 293.29 million USD | -2.2% |
| 1990 | 321.7 million USD | +9.7% |
| 1991 | 338.33 million USD | +5.2% |
| 1992 | 400.52 million USD | +18.4% |
| 1993 | 415.95 million USD | +3.9% |
| 1994 | 535.8 million USD | +28.8% |
| 1995 | 573.3 million USD | +7.0% |
| 1996 | 483.7 million USD | -15.6% |
| 1997 | 463.3 million USD | -4.2% |
| 1998 | 496.7 million USD | +7.2% |
| 1999 | 452.1 million USD | -9.0% |
| 2000 | 450.3 million USD | -0.4% |
| 2001 | 439.3 million USD | -2.4% |
| 2002 | 321.5 million USD | -26.8% |
| 2003 | 499.3 million USD | +55.3% |
| 2004 | 455.8 million USD | -8.7% |
| 2005 | 579.8 million USD | +27.2% |
| 2006 | 455.4 million USD | -21.5% |
| 2007 | 580.2 million USD | +27.4% |
| 2008 | 798.3 million USD | +37.6% |
| 2009 | 871.3 million USD | +9.1% |
| 2010 | 1,184 million USD | +35.9% |
| 2011 | 1,283 million USD | +8.4% |
| 2012 | 1,601 million USD | +24.8% |
| 2013 | 1,608 million USD | +0.5% |
| 2014 | 1,504 million USD | -6.5% |
| 2015 | 1,302 million USD | -13.4% |
| 2016 | 1,545 million USD | +18.6% |
| 2017 | 1,880 million USD | +21.7% |
| 2018 | 1,880 million USD | -0.0% |
| 2019 | 1,925 million USD | +2.4% |
| 2020 | 1,716 million USD | -10.9% |
| 2021 | 2,027 million USD | +18.1% |
| 2022 | 2,146 million USD | +5.9% |
| 2023 | 1,939 million USD | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 83.68 million USD | 28.79 million USD | 137.31 million USD | 10 |
| 1980s | 216.52 million USD | 161.11 million USD | 299.74 million USD | 10 |
| 1990s | 448.14 million USD | 321.7 million USD | 573.3 million USD | 10 |
| 2000s | 545.12 million USD | 321.5 million USD | 871.3 million USD | 10 |
| 2010s | 1,571 million USD | 1,184 million USD | 1,925 million USD | 10 |
| 2020s | 1,957 million USD | 1,716 million USD | 2,146 million USD | 4 |
Countries ranked near Palestine, State of
- 117 Congo 2,071 million USD compare
- 118 Madagascar 2,031 million USD compare
- 119 Benin 1,980 million USD compare
- 121 Nepal 1,851 million USD compare
- 122 North Macedonia 1,828 million USD compare
- 123 Kyrgyzstan 1,763 million USD compare
More economy & growth data for Palestine, State of
- GDP (constant 2015 US$), annual growth rate 4.34 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.726 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 2,302 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 4.34 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 0.726 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 2,302 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -10.26 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.0766 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita -242.85 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -10.26 % change on previous year (2025)
Frequently asked questions
- What is value added (total manufacturing) — value us$ in Palestine, State of?
- Value added (total manufacturing) — value us$ in Palestine, State of was 1,939 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 Palestine, State of?
- The highest recorded value was 2,146 million USD in 2022.
- What is the lowest value added (total manufacturing) — value us$ recorded in Palestine, State of?
- The lowest recorded value was 28.79 million USD in 1970.
- How does Palestine, State of rank for value added (total manufacturing) — value us$?
- Palestine, State of ranks 120th out of 203 countries with data for 2023.
- Is value added (total manufacturing) — value us$ rising or falling in Palestine, State of?
- Over the last ten years it is up 20.6%. 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$. 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).