Palau—Industry Value Added (% of GDP)
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 10.1% | -18.8% |
| 2022 | 12.4% | +4.0% |
| 2021 | 11.9% | -5.3% |
| 2020 | 12.6% | +12.0% |
| 2019 | 11.2% | +25.2% |
| 2018 | 9.0% | +11.2% |
| 2017 | 8.1% | -19.7% |
| 2016 | 10.0% | +26.6% |
| 2015 | 7.9% | +4.2% |
| 2014 | 7.6% | -3.9% |
| 2013 | 7.9% | -2.5% |
| 2012 | 8.1% | -4.8% |
| 2011 | 8.5% | -12.7% |
| 2010 | 9.8% | +11.5% |
| 2009 | 8.8% | -1.6% |
| 2008 | 8.9% | -17.5% |
| 2007 | 10.8% | -6.4% |
| 2006 | 11.5% | -13.9% |
| 2005 | 13.4% | -11.6% |
| 2004 | 15.2% | -13.5% |
| 2003 | 17.5% | -18.2% |
| 2002 | 21.4% | +18.7% |
| 2001 | 18.0% | +24.3% |
| 2000 | 14.5% |
Top Countries — Industry Value Added (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Guyana | 76.0% | 2024 |
| 2 | Libya | 73.5% | 2024 |
| 3 | Brunei Darussalam | 61.7% | 2024 |
| 4 | Qatar | 58.2% | 2024 |
| 5 | Kuwait | 57.1% | 2024 |
| 6 | Oman | 54.2% | 2024 |
| 7 | Gabon | 52.9% | 2024 |
| 8 | Iraq | 51.6% | 2024 |
| 9 | Puerto Rico (US) | 47.2% | 2024 |
| 10 | Equatorial Guinea | 45.8% | 2024 |
About This Indicator
Definition
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).