Gross domestic product (GDP), Current prices, Domestic currency in Palau
Palau: Gross domestic product (GDP), Current prices, Domestic currency was -1.72 % change on previous year in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Palau, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Palau recorded -1.72 % change on previous year for gross domestic product (gdp), current prices, domestic currency in 2019.
That represents a change of down 121.2% on the previous year and up 76.8% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Palau peaked at 21.37 % change on previous year in 1995 and was at its lowest, -7.94 % change on previous year, in 1993.
Palau ranks 183rd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), Current prices, Domestic currency in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.89 % change on previous year | — |
| 1972 | 9.83 % change on previous year | -0.6% |
| 1973 | 9.85 % change on previous year | +0.2% |
| 1974 | 9.89 % change on previous year | +0.4% |
| 1975 | 9.93 % change on previous year | +0.3% |
| 1976 | 9.95 % change on previous year | +0.3% |
| 1977 | 9.54 % change on previous year | -4.1% |
| 1978 | 9.96 % change on previous year | +4.4% |
| 1979 | 10.09 % change on previous year | +1.3% |
| 1980 | 10.09 % change on previous year | -0.0% |
| 1981 | 10.09 % change on previous year | +0.0% |
| 1982 | 10.09 % change on previous year | -0.0% |
| 1983 | 10.09 % change on previous year | +0.0% |
| 1984 | 12.99 % change on previous year | +28.8% |
| 1985 | 13.87 % change on previous year | +6.8% |
| 1986 | 13.87 % change on previous year | -0.0% |
| 1987 | 13.87 % change on previous year | +0.0% |
| 1988 | 13.87 % change on previous year | -0.0% |
| 1989 | 13.87 % change on previous year | +0.0% |
| 1990 | 13.87 % change on previous year | -0.0% |
| 1991 | 10.15 % change on previous year | -26.8% |
| 1992 | 7.5 % change on previous year | -26.1% |
| 1993 | -7.94 % change on previous year | -205.9% |
| 1994 | 5.85 % change on previous year | -173.7% |
| 1995 | 21.37 % change on previous year | +265.3% |
| 1996 | 19.42 % change on previous year | -9.1% |
| 1997 | 8.3 % change on previous year | -57.3% |
| 1998 | 3.63 % change on previous year | -56.3% |
| 1999 | -3.27 % change on previous year | -190.1% |
| 2000 | 3.3 % change on previous year | -200.8% |
| 2001 | 6.98 % change on previous year | +111.9% |
| 2002 | 2.19 % change on previous year | -68.7% |
| 2003 | -2.26 % change on previous year | -203.4% |
| 2004 | 9.76 % change on previous year | -531.7% |
| 2005 | 6.4 % change on previous year | -34.4% |
| 2006 | 2.47 % change on previous year | -61.4% |
| 2007 | 2.96 % change on previous year | +19.9% |
| 2008 | 1.74 % change on previous year | -41.1% |
| 2009 | -7.4 % change on previous year | -524.4% |
| 2010 | 0.0709 % change on previous year | -101.0% |
| 2011 | 5.26 % change on previous year | +7314.0% |
| 2012 | 9.3 % change on previous year | +76.9% |
| 2013 | 5.82 % change on previous year | -37.4% |
| 2014 | 8.85 % change on previous year | +52.0% |
| 2015 | 14.67 % change on previous year | +65.9% |
| 2016 | 6.43 % change on previous year | -56.2% |
| 2017 | -3.1 % change on previous year | -148.2% |
| 2018 | -0.7765 % change on previous year | -74.9% |
| 2019 | -1.72 % change on previous year | +121.2% |
Palau compared with similar countries
- Palau's -1.72 % change on previous year is below the median for high income countries, which is 3.62 % change on previous year. (65 countries reporting)
- Palau's -1.72 % change on previous year is below the median for East Asia & Pacific, which is 4.53 % change on previous year. (31 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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 |
|---|---|---|---|
| 2011 | +7314.0% | 0.0709 % change on previous year | 5.26 % change on previous year |
| 2004 | +531.7% | -2.26 % change on previous year | 9.76 % change on previous year |
| 2009 | -524.4% | 1.74 % change on previous year | -7.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.88 % change on previous year | 9.54 % change on previous year | 10.09 % change on previous year | 9 |
| 1980s | 12.27 % change on previous year | 10.09 % change on previous year | 13.87 % change on previous year | 10 |
| 1990s | 7.89 % change on previous year | -7.94 % change on previous year | 21.37 % change on previous year | 10 |
| 2000s | 2.61 % change on previous year | -7.4 % change on previous year | 9.76 % change on previous year | 10 |
| 2010s | 4.48 % change on previous year | -3.1 % change on previous year | 14.67 % change on previous year | 10 |
Countries ranked near Palau
- 180 Algeria -0.1173 % change on previous year compare
- 181 United Arab Emirates -0.2535 % change on previous year compare
- 182 Eritrea -1.19 % change on previous year compare
- 184 Congo -2.12 % change on previous year compare
- 185 Trinidad and Tobago -2.23 % change on previous year compare
- 186 Macao -2.25 % change on previous year 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)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Palau?
- Gross domestic product (gdp), current prices, domestic currency in Palau was -1.72 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Palau?
- The highest recorded value was 21.37 % change on previous year in 1995.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Palau?
- The lowest recorded value was -7.94 % change on previous year in 1993.
- How does Palau rank for gross domestic product (gdp), current prices, domestic currency?
- Palau ranks 183rd out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Palau?
- Over the last ten years it is up 76.8%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.