Annual gdp growth in Palau
Palau: Annual gdp growth was 1.88 in 2023. ◆ Volatile
Latest (2023)
1.88
Change on year
up 242.4%
World rank
140th
of 211 countries
All-time high
8.2
in 2015
All-time low
-13.79
in 2021
Years of data
24
2000–2023
Annual gdp growth in Palau, 2000–2023
Source: Our World in Data.
Analysis
In 2023, annual gdp growth in Palau stood at 1.88.
Compared with earlier readings it is up 242.4% on the previous year and up 161.8% over ten years.
Over the whole period, annual gdp growth in Palau peaked at 8.2 in 2015 and was at its lowest, -13.79, in 2021.
That places Palau 140th out of 211 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.193 | -7.26 | 6.5 | 10 |
| 2010s | 1.2 | -3.26 | 8.2 | 10 |
| 2020s | -4.81 | -13.79 | 1.88 | 4 |
Countries ranked near Palau
More economy & growth data for Palau
- External balance on goods and services as a percent of gdp -40.41 (2024)
- Inflation of consumer prices -0.4184 (2025)
- Gdp per capita worldbank constant usd 15,617 (2025)
- Manufacturing value added to gdp 1.21 (2024)
- Gdp worldbank constant usd 275.84 million (2025)
- Gdp per capita in international and market dollars 15,617 (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 66.30 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 66.30 million current US$ (2025)
- Taxes less subsidies on products 40.13 million current LCU (2024)
Frequently asked questions
- What is annual gdp growth in Palau?
- Annual gdp growth in Palau was 1.88 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Palau?
- The highest recorded value was 8.2 in 2015.
- What is the lowest annual gdp growth recorded in Palau?
- The lowest recorded value was -13.79 in 2021.
- How does Palau rank for annual gdp growth?
- Palau ranks 140th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Palau?
- Over the last ten years it is up 161.8%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).