Gross domestic product (GDP), Current prices, Domestic currency in Palau
Palau: Gross domestic product (GDP), Current prices, Domestic currency was 0.2804 in 2019. ◆ Volatile
Gross domestic product (GDP), Current prices, Domestic currency in Palau, 1970–2019
Source: International Monetary Fund.
Analysis
The most recent figure for gross domestic product (gdp), current prices, domestic currency in Palau is 0.2804, measured in 2019.
The figure is down 1.7% on the previous year and up 52.9% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Palau peaked at 0.2968 in 2016 and was at its lowest, 0.0093, in 1970.
That places Palau 190th out of 194 countries with data for 2019, putting it 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 | Value | Change |
|---|---|---|
| 1970 | 0.0093 | — |
| 1971 | 0.0103 | +9.9% |
| 1972 | 0.0113 | +9.8% |
| 1973 | 0.0124 | +9.9% |
| 1974 | 0.0136 | +9.9% |
| 1975 | 0.0149 | +9.9% |
| 1976 | 0.0164 | +10.0% |
| 1977 | 0.018 | +9.5% |
| 1978 | 0.0198 | +10.0% |
| 1979 | 0.0218 | +10.1% |
| 1980 | 0.024 | +10.1% |
| 1981 | 0.0264 | +10.1% |
| 1982 | 0.0291 | +10.1% |
| 1983 | 0.032 | +10.1% |
| 1984 | 0.0362 | +13.0% |
| 1985 | 0.0412 | +13.9% |
| 1986 | 0.0469 | +13.9% |
| 1987 | 0.0534 | +13.9% |
| 1988 | 0.0608 | +13.9% |
| 1989 | 0.0692 | +13.9% |
| 1990 | 0.0788 | +13.9% |
| 1991 | 0.0868 | +10.2% |
| 1992 | 0.0933 | +7.5% |
| 1993 | 0.0859 | -7.9% |
| 1994 | 0.091 | +5.8% |
| 1995 | 0.1104 | +21.4% |
| 1996 | 0.1318 | +19.4% |
| 1997 | 0.1428 | +8.3% |
| 1998 | 0.148 | +3.6% |
| 1999 | 0.1431 | -3.3% |
| 2000 | 0.1478 | +3.3% |
| 2001 | 0.1582 | +7.0% |
| 2002 | 0.1616 | +2.2% |
| 2003 | 0.158 | -2.3% |
| 2004 | 0.1734 | +9.8% |
| 2005 | 0.1845 | +6.4% |
| 2006 | 0.189 | +2.5% |
| 2007 | 0.1946 | +3.0% |
| 2008 | 0.198 | +1.7% |
| 2009 | 0.1834 | -7.4% |
| 2010 | 0.1835 | +0.1% |
| 2011 | 0.1931 | +5.3% |
| 2012 | 0.2111 | +9.3% |
| 2013 | 0.2234 | +5.8% |
| 2014 | 0.2431 | +8.8% |
| 2015 | 0.2788 | +14.7% |
| 2016 | 0.2968 | +6.4% |
| 2017 | 0.2876 | -3.1% |
| 2018 | 0.2853 | -0.8% |
| 2019 | 0.2804 | -1.7% |
Palau compared with similar countries
- Palau's 0.2804 is below the median for high income countries, which is 434.67, 0% of the median. (65 countries reporting)
- Palau's 0.2804 is below the median for East Asia & Pacific, which is 434.67, 0% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0148 | 0.0093 | 0.0218 | 10 |
| 1980s | 0.0419 | 0.024 | 0.0692 | 10 |
| 1990s | 0.1112 | 0.0788 | 0.148 | 10 |
| 2000s | 0.1748 | 0.1478 | 0.198 | 10 |
| 2010s | 0.2483 | 0.1835 | 0.2968 | 10 |
Countries ranked near Palau
- 187 San Marino 1.43 compare
- 188 Tonga 1.16 compare
- 189 Micronesia (country) 0.4143 compare
- 191 Kiribati 0.2803 compare
- 192 Marshall Islands 0.2374 compare
- 193 Nauru 0.1911 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0177 units per US$ of GDP (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 0.2804 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Palau?
- The highest recorded value was 0.2968 in 2016.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Palau?
- The lowest recorded value was 0.0093 in 1970.
- How does Palau rank for gross domestic product (gdp), current prices, domestic currency?
- Palau ranks 190th 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 52.9%. 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), Current prices, Domestic currency. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.