Palau - Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Palau was 34,500,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 34,500,000 in 2020 and a minimum value of 15,624,200 in 2009.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 20,703,900
2001 27,773,800
2002 33,876,100
2003 26,048,300
2004 24,200,700
2005 24,491,500
2006 21,308,100
2007 20,694,300
2008 17,076,400
2009 15,624,200
2010 17,369,600
2011 16,096,000
2012 16,720,600
2013 16,207,700
2014 17,087,700
2015 19,537,400
2016 30,400,000
2017 23,300,000
2018 25,600,000
2019 26,400,000
2020 34,500,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts