Gross capital formation (current LCU) in Palau
Palau: Gross capital formation (current LCU) was 112.42 million current LCU in 2024. ▲ Rising
Gross capital formation in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gross capital formation in Palau stood at 112.42 million current LCU. That is the highest value across all 20 years on record.
That represents a change of up 14.0% on the previous year and up 46.0% over ten years.
Over the whole period, gross capital formation in Palau peaked at 112.42 million current LCU in 2024 and was at its lowest, 47.73 million current LCU, in 2009.
That places Palau 185th out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Gross capital formation (current LCU) in Palau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2005 | 81.30 million current LCU | — |
| 2006 | 74.55 million current LCU | -8.3% |
| 2007 | 69.79 million current LCU | -6.4% |
| 2008 | 63.97 million current LCU | -8.3% |
| 2009 | 47.73 million current LCU | -25.4% |
| 2010 | 48.12 million current LCU | +0.8% |
| 2011 | 58.61 million current LCU | +21.8% |
| 2012 | 60.64 million current LCU | +3.5% |
| 2013 | 55.53 million current LCU | -8.4% |
| 2014 | 77.02 million current LCU | +38.7% |
| 2015 | 80.48 million current LCU | +4.5% |
| 2016 | 87.72 million current LCU | +9.0% |
| 2017 | 95.05 million current LCU | +8.4% |
| 2018 | 83.00 million current LCU | -12.7% |
| 2019 | 97.48 million current LCU | +17.4% |
| 2020 | 109.18 million current LCU | +12.0% |
| 2021 | 89.43 million current LCU | -18.1% |
| 2022 | 109.44 million current LCU | +22.4% |
| 2023 | 98.60 million current LCU | -9.9% |
| 2024 | 112.42 million current LCU | +14.0% |
Palau compared with similar countries
- Palau's 112.42 million current LCU is below the median for high income countries, which is 146.46 billion current LCU, 0% of the median. (67 countries reporting)
- Palau's 112.42 million current LCU is below the median for East Asia & Pacific, which is 177.54 billion current LCU, 0% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67.47 million current LCU | 47.73 million current LCU | 81.30 million current LCU | 5 |
| 2010s | 74.36 million current LCU | 48.12 million current LCU | 97.48 million current LCU | 10 |
| 2020s | 103.81 million current LCU | 89.43 million current LCU | 112.42 million current LCU | 5 |
Countries ranked near Palau
- 182 Tonga 405.67 million current LCU compare
- 183 San Marino 310.91 million current LCU compare
- 184 Kiribati 155.55 million current LCU compare
- 186 Marshall Islands 60.18 million current LCU compare
- 187 Equatorial Guinea -274.55 billion current LCU compare
More economy & growth data for Palau
- Real gdp growth, annual growth rate 881.68 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0287 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.2 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.043 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0209 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.06 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Palau?
- Gross capital formation in Palau was 112.42 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Palau?
- The highest recorded value was 112.42 million current LCU in 2024.
- What is the lowest gross capital formation recorded in Palau?
- The lowest recorded value was 47.73 million current LCU in 2009.
- How does Palau rank for gross capital formation?
- Palau ranks 185th out of 187 countries with data for 2024.
- Is gross capital formation rising or falling in Palau?
- Over the last ten years it is up 46.0%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.