Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau
Palau: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.4857 million SLC per square kilometre in 2023. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau, 1991–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Palau is 0.4857 million SLC per square kilometre, measured in 2023.
That represents a change of up 1.9% on the previous year and down 9.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Palau peaked at 0.6139 million SLC per square kilometre in 2016 and was at its lowest, 0.3906 million SLC per square kilometre, in 1993.
Palau ranks 168th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1991 | 0.4351 million SLC per square kilometre | — |
| 1992 | 0.4454 million SLC per square kilometre | +2.4% |
| 1993 | 0.3906 million SLC per square kilometre | -12.3% |
| 1994 | 0.4192 million SLC per square kilometre | +7.3% |
| 1995 | 0.4887 million SLC per square kilometre | +16.6% |
| 1996 | 0.5401 million SLC per square kilometre | +10.5% |
| 1997 | 0.5627 million SLC per square kilometre | +4.2% |
| 1998 | 0.5744 million SLC per square kilometre | +2.1% |
| 1999 | 0.5538 million SLC per square kilometre | -3.6% |
| 2000 | 0.5165 million SLC per square kilometre | -6.7% |
| 2001 | 0.5272 million SLC per square kilometre | +2.1% |
| 2002 | 0.5527 million SLC per square kilometre | +4.8% |
| 2003 | 0.5535 million SLC per square kilometre | +0.1% |
| 2004 | 0.5579 million SLC per square kilometre | +0.8% |
| 2005 | 0.5697 million SLC per square kilometre | +2.1% |
| 2006 | 0.5674 million SLC per square kilometre | -0.4% |
| 2007 | 0.573 million SLC per square kilometre | +1.0% |
| 2008 | 0.542 million SLC per square kilometre | -5.4% |
| 2009 | 0.5099 million SLC per square kilometre | -5.9% |
| 2010 | 0.5119 million SLC per square kilometre | +0.4% |
| 2011 | 0.536 million SLC per square kilometre | +4.7% |
| 2012 | 0.5439 million SLC per square kilometre | +1.5% |
| 2013 | 0.5366 million SLC per square kilometre | -1.4% |
| 2014 | 0.5602 million SLC per square kilometre | +4.4% |
| 2015 | 0.6096 million SLC per square kilometre | +8.8% |
| 2016 | 0.6139 million SLC per square kilometre | +0.7% |
| 2017 | 0.5932 million SLC per square kilometre | -3.4% |
| 2018 | 0.5939 million SLC per square kilometre | +0.1% |
| 2019 | 0.5962 million SLC per square kilometre | +0.4% |
| 2020 | 0.5605 million SLC per square kilometre | -6.0% |
| 2021 | 0.4832 million SLC per square kilometre | -13.8% |
| 2022 | 0.4768 million SLC per square kilometre | -1.3% |
| 2023 | 0.4857 million SLC per square kilometre | +1.9% |
Palau compared with similar countries
- Palau's 0.4857 million SLC per square kilometre is below the median for high income countries, which is 9.64 million SLC per square kilometre, 5% of the median. (73 countries reporting)
- Palau's 0.4857 million SLC per square kilometre is below the median for East Asia & Pacific, which is 6.18 million SLC per square kilometre, 8% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.49 million SLC per square kilometre | 0.3906 million SLC per square kilometre | 0.5744 million SLC per square kilometre | 9 |
| 2000s | 0.547 million SLC per square kilometre | 0.5099 million SLC per square kilometre | 0.573 million SLC per square kilometre | 10 |
| 2010s | 0.5695 million SLC per square kilometre | 0.5119 million SLC per square kilometre | 0.6139 million SLC per square kilometre | 10 |
| 2020s | 0.5015 million SLC per square kilometre | 0.4768 million SLC per square kilometre | 0.5605 million SLC per square kilometre | 4 |
Countries ranked near Palau
- 165 Fiji 0.6087 million SLC per square kilometre compare
- 166 Estonia 0.5816 million SLC per square kilometre compare
- 167 Peru 0.5517 million SLC per square kilometre compare
- 169 Belarus 0.4675 million SLC per square kilometre compare
- 170 Latvia 0.4542 million SLC per square kilometre compare
- 171 Ecuador 0.4516 million SLC per square kilometre 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, annual growth rate 6.29 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- 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, per unit of GDP 0.7995 units per US$ of GDP (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 — value standard local currency, 2015 prices in Palau?
- Gross domestic product — value standard local currency, 2015 prices in Palau was 0.4857 million SLC per square kilometre in 2023, 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 0.6139 million SLC per square kilometre in 2016.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Palau?
- The lowest recorded value was 0.3906 million SLC per square kilometre in 1993.
- How does Palau rank for gross domestic product — value standard local currency, 2015 prices?
- Palau ranks 168th out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Palau?
- Over the last ten years it is down 9.5%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.