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Industry value added — all countries

Industry value added — Palestine

Industry value added in Palestine in 2024 — 2,603,100,000 US$. Ranked 140 in the world out of 188. Since 1994, the indicator has risen by 176.2%.

2024 2.6B US$ −16.22% vs 2023
World rank 140of 188
Period maximum 3.33B US$2022
Period minimum 714M US$2002

Trend over time

1994–2024 · US$

Industry value added — Palestine, 1994–202401B2B3B4B199419972000200320062009201220152018202120241994: 942,500,000 US$1995: 969,200,000 US$1996: 906,600,000 US$1997: 873,400,000 US$1998: 934,800,000 US$1999: 1,056,900,000 US$2000: 927,100,000 US$2001: 961,800,000 US$2002: 713,600,000 US$2003: 920,200,000 US$2004: 920,100,000 US$2005: 1,075,600,000 US$2006: 981,700,000 US$2007: 1,021,700,000 US$2008: 1,267,400,000 US$2009: 1,419,700,000 US$2010: 1,803,300,000 US$2011: 2,118,000,000 US$2012: 2,470,500,000 US$2013: 2,508,300,000 US$2014: 2,514,200,000 US$2015: 2,295,000,000 US$2016: 2,659,400,000 US$2017: 3,101,700,000 US$2018: 3,138,800,000 US$2019: 3,158,200,000 US$2020: 2,644,800,000 US$2021: 3,202,600,000 US$2022: 3,333,400,000 US$2023: 3,107,000,000 US$2024: 2,603,100,000 US$
Change over the period: +1.66B (+176.19%) Average annual rate: 3.44 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Palestine

Palestine 2.6B US$
World 28.4T US$
Middle East & North Africa 1.94T US$
Western Asia computed 1.76T US$
Lower-middle-income countries computed 2.32T US$
Industry value added — Palestine, by year Palestine All countries CSV XLSX
Year US$ Change Change, %
2024 2.6B −504M −16.22%
2023 3.11B −226M −6.79%
2022 3.33B +131M +4.08%
2021 3.2B +558M +21.09%
2020 2.64B −513M −16.26%
2019 3.16B +19.4M +0.62%
2018 3.14B +37.1M +1.2%
2017 3.1B +442M +16.63%
2016 2.66B +364M +15.88%
2015 2.3B −219M −8.72%
2014 2.51B +5.9M +0.24%
2013 2.51B +37.8M +1.53%
2012 2.47B +353M +16.64%
2011 2.12B +315M +17.45%
2010 1.8B +384M +27.02%
2009 1.42B +152M +12.02%
2008 1.27B +246M +24.05%
2007 1.02B +40M +4.07%
2006 982M −93.9M −8.73%
2005 1.08B +156M +16.9%
2004 920M −100,000 −0.01%
2003 920M +207M +28.95%
2002 714M −248M −25.81%
2001 962M +34.7M +3.74%
2000 927M −130M −12.28%
1999 1.06B +122M +13.06%
1998 935M +61.4M +7.03%
1997 873M −33.2M −3.66%
1996 907M −62.6M −6.46%
1995 969M +26.7M +2.83%
1994 943M — —

Western Asia, 2024

The same indicator for neighboring countries — with links to their pages

SA Saudi Arabia 567B TR Türkiye 347B AE United Arab Emirates 245B IQ Iraq 144B QA Qatar 127B IL Israel 93.41B KW Kuwait 92.85B OM Oman 58.03B AZ Azerbaijan 31.6B BH Bahrain 19.91B JO Jordan 15.75B GE Georgia 6.7B AM Armenia 5.93B CY Cyprus 4.19B PS Palestine 2.6B LB Lebanon 684M
Full table for all countries

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for Palestine

Economy Industry share of GDP

The contribution of industry and construction to the value added of the economy.

Palestine by year Economy Manufacturing value added

How much a country's factories create — without mining, construction or utilities.

Palestine by year Economy Services value added

How much the service sector creates — trade, transport, finance, health care, education.

Palestine by year Economy Agriculture value added

How much agriculture, forestry and fishing create in money terms.

Palestine by year
All indicators for Palestine