Gross domestic income in Palau
Palau: Gross domestic income was 255.49 million constant LCU in 2024. ▼ Falling
Gross domestic income in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Palau recorded 255.49 million constant LCU for gross domestic income in 2024.
Compared with earlier readings it is up 11.5% on the previous year and down 3.1% over ten years.
Over the whole period, gross domestic income in Palau peaked at 304.82 million constant LCU in 2016 and was at its lowest, 228.24 million constant LCU, in 2022.
That places Palau 177th out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Gross domestic income in Palau, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2005 | 272.31 million constant LCU | — |
| 2006 | 274.46 million constant LCU | +0.8% |
| 2007 | 278.87 million constant LCU | +1.6% |
| 2008 | 263.98 million constant LCU | -5.3% |
| 2009 | 247.63 million constant LCU | -6.2% |
| 2010 | 235.91 million constant LCU | -4.7% |
| 2011 | 239.99 million constant LCU | +1.7% |
| 2012 | 248.76 million constant LCU | +3.7% |
| 2013 | 252.64 million constant LCU | +1.6% |
| 2014 | 263.66 million constant LCU | +4.4% |
| 2015 | 295.82 million constant LCU | +12.2% |
| 2016 | 304.82 million constant LCU | +3.0% |
| 2017 | 287.82 million constant LCU | -5.6% |
| 2018 | 282.26 million constant LCU | -1.9% |
| 2019 | 281.95 million constant LCU | -0.1% |
| 2020 | 265.75 million constant LCU | -5.7% |
| 2021 | 232.81 million constant LCU | -12.4% |
| 2022 | 228.24 million constant LCU | -2.0% |
| 2023 | 229.05 million constant LCU | +0.4% |
| 2024 | 255.49 million constant LCU | +11.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 267.45 million constant LCU | 247.63 million constant LCU | 278.87 million constant LCU | 5 |
| 2010s | 269.36 million constant LCU | 235.91 million constant LCU | 304.82 million constant LCU | 10 |
| 2020s | 242.27 million constant LCU | 228.24 million constant LCU | 265.75 million constant LCU | 5 |
Countries ranked near Palau
- 174 Northern Mariana Islands 842.53 million constant LCU compare
- 175 American Samoa 648.96 million constant LCU compare
- 176 Kiribati 382.53 million constant LCU compare
- 178 Marshall Islands 220.56 million constant LCU compare
More economy & growth data for Palau
- 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
Frequently asked questions
- What is gross domestic income in Palau?
- Gross domestic income in Palau was 255.49 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic income recorded in Palau?
- The highest recorded value was 304.82 million constant LCU in 2016.
- What is the lowest gross domestic income recorded in Palau?
- The lowest recorded value was 228.24 million constant LCU in 2022.
- How does Palau rank for gross domestic income?
- Palau ranks 177th out of 178 countries with data for 2024.
- Is gross domestic income rising or falling in Palau?
- Over the last ten years it is down 3.1%. The long-run trend across the full record is falling.
- 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 domestic income (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. 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 varies by country. This series is expressed in local currency units.