Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau
Palau: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0135 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
Palau recorded 0.0135 million SLC per person for gross domestic product — value standard local currency, 2015 prices in 2024.
Compared with earlier readings it is up 7.4% on the previous year and down 6.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Palau peaked at 0.0159 million SLC per person in 2016 and was at its lowest, 0.0102 million SLC per person, in 1983.
Palau ranks 161st of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0114 million SLC per person | — |
| 1971 | 0.0111 million SLC per person | -3.2% |
| 1972 | 0.0107 million SLC per person | -3.2% |
| 1973 | 0.0104 million SLC per person | -2.7% |
| 1974 | 0.0103 million SLC per person | -1.0% |
| 1975 | 0.0104 million SLC per person | +0.3% |
| 1976 | 0.0104 million SLC per person | +0.4% |
| 1977 | 0.0106 million SLC per person | +2.0% |
| 1978 | 0.0106 million SLC per person | +0.2% |
| 1979 | 0.0107 million SLC per person | +0.5% |
| 1980 | 0.0107 million SLC per person | +0.2% |
| 1981 | 0.0105 million SLC per person | -1.4% |
| 1982 | 0.0103 million SLC per person | -2.7% |
| 1983 | 0.0102 million SLC per person | -0.5% |
| 1984 | 0.0104 million SLC per person | +2.0% |
| 1985 | 0.0107 million SLC per person | +2.7% |
| 1986 | 0.011 million SLC per person | +2.9% |
| 1987 | 0.0114 million SLC per person | +3.2% |
| 1988 | 0.0117 million SLC per person | +3.2% |
| 1989 | 0.0121 million SLC per person | +3.3% |
| 1990 | 0.0125 million SLC per person | +3.3% |
| 1991 | 0.0128 million SLC per person | +2.5% |
| 1992 | 0.0128 million SLC per person | -0.0% |
| 1993 | 0.011 million SLC per person | -14.4% |
| 1994 | 0.0115 million SLC per person | +4.8% |
| 1995 | 0.0131 million SLC per person | +13.7% |
| 1996 | 0.0141 million SLC per person | +7.6% |
| 1997 | 0.0143 million SLC per person | +1.6% |
| 1998 | 0.0143 million SLC per person | -0.2% |
| 1999 | 0.0135 million SLC per person | -5.5% |
| 2000 | 0.0124 million SLC per person | -8.1% |
| 2001 | 0.0125 million SLC per person | +1.1% |
| 2002 | 0.013 million SLC per person | +4.0% |
| 2003 | 0.013 million SLC per person | -0.6% |
| 2004 | 0.0129 million SLC per person | -0.0% |
| 2005 | 0.0132 million SLC per person | +2.1% |
| 2006 | 0.0133 million SLC per person | +0.7% |
| 2007 | 0.0137 million SLC per person | +2.5% |
| 2008 | 0.0131 million SLC per person | -4.0% |
| 2009 | 0.0125 million SLC per person | -4.4% |
| 2010 | 0.0128 million SLC per person | +2.1% |
| 2011 | 0.0136 million SLC per person | +6.6% |
| 2012 | 0.0141 million SLC per person | +3.3% |
| 2013 | 0.014 million SLC per person | -0.7% |
| 2014 | 0.0145 million SLC per person | +4.0% |
| 2015 | 0.0158 million SLC per person | +8.5% |
| 2016 | 0.0159 million SLC per person | +0.6% |
| 2017 | 0.0153 million SLC per person | -3.5% |
| 2018 | 0.0153 million SLC per person | +0.1% |
| 2019 | 0.0154 million SLC per person | +0.5% |
| 2020 | 0.0145 million SLC per person | -6.0% |
| 2021 | 0.0125 million SLC per person | -13.8% |
| 2022 | 0.0123 million SLC per person | -1.2% |
| 2023 | 0.0126 million SLC per person | +2.1% |
| 2024 | 0.0135 million SLC per person | +7.4% |
Palau compared with similar countries
- Palau's 0.0135 million SLC per person is below the median for high income countries, which is 0.0532 million SLC per person, 25% of the median. (73 countries reporting)
- Palau's 0.0135 million SLC per person is below the median for East Asia & Pacific, which is 0.0672 million SLC per person, 20% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0107 million SLC per person | 0.0103 million SLC per person | 0.0114 million SLC per person | 10 |
| 1980s | 0.0109 million SLC per person | 0.0102 million SLC per person | 0.0121 million SLC per person | 10 |
| 1990s | 0.013 million SLC per person | 0.011 million SLC per person | 0.0143 million SLC per person | 10 |
| 2000s | 0.013 million SLC per person | 0.0124 million SLC per person | 0.0137 million SLC per person | 10 |
| 2010s | 0.0147 million SLC per person | 0.0128 million SLC per person | 0.0159 million SLC per person | 10 |
| 2020s | 0.0131 million SLC per person | 0.0123 million SLC per person | 0.0145 million SLC per person | 5 |
Countries ranked near Palau
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 product — value standard local currency, 2015 prices in Palau?
- Gross domestic product — value standard local currency, 2015 prices in Palau was 0.0135 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Palau?
- The highest recorded value was 0.0159 million SLC per person in 2016.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Palau?
- The lowest recorded value was 0.0102 million SLC per person in 1983.
- How does Palau rank for gross domestic product — value standard local currency, 2015 prices?
- Palau ranks 161st out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Palau?
- Over the last ten years it is down 6.9%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.