Palau - Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Palau was 31,300,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 54,741,240 in 2002 and a minimum value of 18,928,880 in 2013.

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 constant local currency.

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

Year Value
2000 33,482,730
2001 43,371,540
2002 54,741,240
2003 40,823,700
2004 38,915,620
2005 41,651,920
2006 37,209,890
2007 34,787,690
2008 27,590,060
2009 20,957,930
2010 22,046,890
2011 22,722,920
2012 21,450,900
2013 18,928,880
2014 19,509,010
2015 27,345,050
2016 27,400,000
2017 25,400,000
2018 25,000,000
2019 26,400,000
2020 31,300,000

Base Period: varies by country

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