Gross domestic product (GDP), Constant prices, Purchasing power in Palau
Palau: Gross domestic product (GDP), Constant prices, Purchasing power was 2.45 in 2031. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Palau, 2001–2031
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), constant prices, purchasing power in Palau is 2.45, measured in 2031.
Compared with earlier readings it is up 3.3% on the previous year and up 120.6% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Palau peaked at 12.06 in 2024 and was at its lowest, -11.88, in 2021.
That places Palau 17th out of 37 countries with data for 2031, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Constant prices, Purchasing power in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 6.49 | — |
| 2002 | 3.88 | -40.2% |
| 2003 | -2.91 | -174.8% |
| 2004 | 2.65 | -191.2% |
| 2005 | 2.07 | -22.0% |
| 2006 | 2.14 | +3.4% |
| 2007 | 2.6 | +21.8% |
| 2008 | -3.76 | -244.3% |
| 2009 | -4.41 | +17.4% |
| 2010 | -1.18 | -73.2% |
| 2011 | 6.54 | -653.6% |
| 2012 | 4 | -38.7% |
| 2013 | -1.8 | -144.9% |
| 2014 | 3.79 | -310.7% |
| 2015 | 8.13 | +114.5% |
| 2016 | 1.71 | -78.9% |
| 2017 | -3.38 | -297.4% |
| 2018 | -0.3734 | -88.9% |
| 2019 | 0.3452 | -192.5% |
| 2020 | -5.97 | -1828.0% |
| 2021 | -11.88 | +99.1% |
| 2022 | -0.4187 | -96.5% |
| 2023 | 1.27 | -402.8% |
| 2024 | 12.06 | +850.9% |
| 2025 | 6.58 | -45.4% |
| 2026 | 3.61 | -45.1% |
| 2027 | 3.09 | -14.5% |
| 2028 | 3.59 | +16.2% |
| 2029 | 2.97 | -17.2% |
| 2030 | 2.37 | -20.3% |
| 2031 | 2.45 | +3.3% |
Palau compared with similar countries
- Palau's 2.45 is above the median for high income countries, which is 1.61, 1.5× the median. (9 countries reporting)
- Palau's 2.45 is above the median for East Asia & Pacific, which is 1.7, 1.4× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Constant prices, Purchasing power in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -1828.0% | 0.3452 | -5.97 |
| 2024 | +850.9% | 1.27 | 12.06 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.974 | -4.41 | 6.49 | 9 |
| 2010s | 1.78 | -3.38 | 8.13 | 10 |
| 2020s | 1.49 | -11.88 | 12.06 | 10 |
| 2030s | 2.41 | 2.37 | 2.45 | 2 |
Countries ranked near Palau
- 14 Thailand 2.66 compare
- 15 Marshall Islands 2.63 compare
- 16 Chinese Taipei 2.57 compare
- 18 Maldives 2.3 compare
- 19 Korea 2.07 compare
- 20 Lao People's Democratic Republic 1.84 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)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product (gdp), constant prices, purchasing power in Palau?
- Gross domestic product (gdp), constant prices, purchasing power in Palau was 2.45 in 2031, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Palau?
- The highest recorded value was 12.06 in 2024.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Palau?
- The lowest recorded value was -11.88 in 2021.
- How does Palau rank for gross domestic product (gdp), constant prices, purchasing power?
- Palau ranks 17th out of 37 countries with data for 2031.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Palau?
- Over the last ten years it is up 120.6%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) per capita percent change (National Accounts Statistics (SNA)). Statizoid updates them automatically from the source API.
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About this data
APD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in Asia and the Pacific. Data for the REO for Asia and Pacific is prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall. Data are consistent with the projections underlying the WEO. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.