European Union vs Palau: Gross value added at basic prices (GVA) (current US$), annual growth

European Union
8.67 % change on previous year
in 2025
Palau
17.95 % change on previous year
in 2024
European Union rank
20th
Palau rank
18th

Gross value added at basic prices (GVA) (current US$), annual growth over time

  • European Union
  • Palau
-2002040197119982025

How they compare

Palau currently reports 17.95 % change on previous year against 8.67 % change on previous year in European Union, a difference of 9.28 % change on previous year.

That makes Palau's figure about 2.1 times European Union's.

The two have swapped places 12 times across 24 shared years of data; in 2001 it was Palau ahead.

European Union ranks 20th and Palau ranks 18th of 38 groups.

Across the 3 decades both report, European Union averaged higher in 2 and Palau in 1.

Head to head by decade

Decade European Union Palau Difference Ahead
2000s 8.64 % change on previous year 2.45 % change on previous year 6.18 % change on previous year European Union
2010s 0.7739 % change on previous year 4.34 % change on previous year 3.57 % change on previous year Palau
2020s 4.66 % change on previous year 2.66 % change on previous year 2 % change on previous year European Union

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross value added at basic prices (gva) (current us$), annual growth, European Union or Palau?
Palau, at 17.95 % change on previous year against 8.67 % change on previous year in European Union as of 2024.
What is the difference in gross value added at basic prices (gva) (current us$), annual growth between European Union and Palau?
9.28 % change on previous year, with Palau ahead.
How many years of comparable data are there for European Union and Palau?
24 years are reported by both, from 2001 to 2024.
How do European Union and Palau rank globally for gross value added at basic prices (gva) (current us$), annual growth?
European Union ranks 20th and Palau ranks 18th of 38 groups.
Where does this data come from?
Statizoid (derived), published as Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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European Union vs Palau: Gross value added at basic prices (GVA) (current US$), annual growth. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/compare/gross-value-added-at-basic-prices-gva-current-us-annual-growth-rate/european-union/palau/

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
244 places, 10,675 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.