Micronesia, Federated States of vs Palau: GDP, PPP
GDP, PPP over time
- Micronesia, Federated States of
- Palau
How they compare
Micronesia, Federated States of currently reports 447.30 million constant 2021 international $ against 347.94 million constant 2021 international $ in Palau, a difference of 99.37 million constant 2021 international $.
That makes Micronesia, Federated States of's figure about 1.3 times Palau's.
Across all 36 years both countries report, Micronesia, Federated States of has been ahead every year.
Micronesia, Federated States of ranks 195th and Palau ranks 196th of 199 countries.
Micronesia, Federated States of has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Micronesia, Federated States of | Palau | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 368.53 million constant 2021 international $ | 283.32 million constant 2021 international $ | 85.22 million constant 2021 international $ | Micronesia, Federated States of |
| 2000s | 405.63 million constant 2021 international $ | 328.83 million constant 2021 international $ | 76.80 million constant 2021 international $ | Micronesia, Federated States of |
| 2010s | 413.02 million constant 2021 international $ | 334.98 million constant 2021 international $ | 78.04 million constant 2021 international $ | Micronesia, Federated States of |
| 2020s | 436.70 million constant 2021 international $ | 312.62 million constant 2021 international $ | 124.08 million constant 2021 international $ | Micronesia, Federated States of |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, ppp, Micronesia, Federated States of or Palau?
- Micronesia, Federated States of, at 447.30 million constant 2021 international $ against 347.94 million constant 2021 international $ in Palau as of 2025.
- What is the difference in gdp, ppp between Micronesia, Federated States of and Palau?
- 99.37 million constant 2021 international $, with Micronesia, Federated States of ahead.
- How many years of comparable data are there for Micronesia, Federated States of and Palau?
- 36 years are reported by both, from 1990 to 2025.
- How do Micronesia, Federated States of and Palau rank globally for gdp, ppp?
- Micronesia, Federated States of ranks 195th and Palau ranks 196th of 199 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.