Palau: Industry value added
* indicates monthly or quarterly data series
Palau |
Industry value added, billion USD |
---|---|
Latest value | 0.03 |
Year | 2022 |
Measure | billion U.S. dollars |
Data availability | 2000 - 2022 |
Average | 0.02 |
Min - Max | 0.02 - 0.03 |
Source | The World Bank |
The latest value from 2022 is 0.03 billion U.S. dollars, unchanged from 0.03 billion U.S. dollars in 2021. In comparison, the world average is 124.51 billion U.S. dollars, based on data from 177 countries. Historically, the average for Palau from 2000 to 2022 is 0.02 billion U.S. dollars. The minimum value, 0.02 billion U.S. dollars, was reached in 2000 while the maximum of 0.03 billion U.S. dollars was recorded in 2001.
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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.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Share of industry | 12.35 | 2022 | percent |
Share of manufacturing | 1.10 | 2022 | percent |
Share of services | 80.11 | 2022 | percent |
Industry value added | 0.03 | 2022 | billion U.S. dollars |
Manufacturing value added | 0.00 | 2022 | billion U.S. dollars |
Services value added | 0.19 | 2022 | billion U.S. dollars |
Savings, percent of GDP | 2.82 | 2022 | percent |
Savings, in dollars | 0.01 | 2022 | billion U.S. dollars |