Palau - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Palau was $34,500,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $34,500,000 in 2020 and $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 U.S. dollars.

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

See also:

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

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

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Palau was 22,363,120 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 39,111,340 in 2002 and 13,524,240 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 2010 U.S. dollars.

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

See also:

Year Value
2000 23,922,630
2001 30,987,960
2002 39,111,340
2003 29,167,580
2004 27,804,300
2005 29,759,330
2006 26,585,600
2007 24,854,990
2008 19,712,450
2009 14,973,950
2010 15,751,990
2011 16,235,000
2012 15,326,170
2013 13,524,240
2014 13,938,740
2015 19,537,400
2016 19,576,660
2017 18,147,710
2018 17,861,920
2019 18,862,190
2020 22,363,120

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Palau was 18.56 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 40.17 in 2015 and a minimum value of -25.42 in 2003.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. 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.

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

See also:

Year Value
2001 29.53
2002 26.21
2003 -25.42
2004 -4.67
2005 7.03
2006 -10.66
2007 -6.51
2008 -20.69
2009 -24.04
2010 5.20
2011 3.07
2012 -5.60
2013 -11.76
2014 3.06
2015 40.17
2016 0.20
2017 -7.30
2018 -1.57
2019 5.60
2020 18.56

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

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Palau was 13.39 as of 2020. Its highest value over the past 20 years was 20.76 in 2002, while its lowest value was 6.97 in 2015.

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 or 4.

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

See also:

Year Value
2000 14.15
2001 17.70
2002 20.76
2003 16.92
2004 14.65
2005 12.86
2006 11.08
2007 10.40
2008 8.61
2009 8.33
2010 9.34
2011 8.17
2012 7.87
2013 7.33
2014 7.07
2015 6.97
2016 10.19
2017 8.17
2018 8.99
2019 9.63
2020 13.39

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts