Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau
Palau: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 239.6 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Palau, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Palau recorded 239.6 million SLC for gross domestic product — value standard local currency, 2015 prices in 2024.
Compared with earlier readings it is up 7.2% on the previous year and down 7.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Palau peaked at 282.41 million SLC in 2016 and was at its lowest, 129.97 million SLC, in 1970.
That places Palau 190th out of 194 countries with data for 2024, putting it 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 | Change |
|---|---|---|
| 1970 | 129.97 million SLC | — |
| 1971 | 130.13 million SLC | +0.1% |
| 1972 | 130.57 million SLC | +0.3% |
| 1973 | 130.84 million SLC | +0.2% |
| 1974 | 130.98 million SLC | +0.1% |
| 1975 | 131.01 million SLC | +0.0% |
| 1976 | 130.96 million SLC | -0.0% |
| 1977 | 132.83 million SLC | +1.4% |
| 1978 | 132.18 million SLC | -0.5% |
| 1979 | 131.69 million SLC | -0.4% |
| 1980 | 131.19 million SLC | -0.4% |
| 1981 | 130.7 million SLC | -0.4% |
| 1982 | 130.21 million SLC | -0.4% |
| 1983 | 132.73 million SLC | +1.9% |
| 1984 | 138.86 million SLC | +4.6% |
| 1985 | 146.41 million SLC | +5.4% |
| 1986 | 154.37 million SLC | +5.4% |
| 1987 | 162.76 million SLC | +5.4% |
| 1988 | 171.61 million SLC | +5.4% |
| 1989 | 180.94 million SLC | +5.4% |
| 1990 | 190.78 million SLC | +5.4% |
| 1991 | 200.14 million SLC | +4.9% |
| 1992 | 204.9 million SLC | +2.4% |
| 1993 | 179.69 million SLC | -12.3% |
| 1994 | 192.81 million SLC | +7.3% |
| 1995 | 224.82 million SLC | +16.6% |
| 1996 | 248.46 million SLC | +10.5% |
| 1997 | 258.84 million SLC | +4.2% |
| 1998 | 264.21 million SLC | +2.1% |
| 1999 | 254.76 million SLC | -3.6% |
| 2000 | 237.59 million SLC | -6.7% |
| 2001 | 242.49 million SLC | +2.1% |
| 2002 | 254.23 million SLC | +4.8% |
| 2003 | 254.6 million SLC | +0.1% |
| 2004 | 256.62 million SLC | +0.8% |
| 2005 | 262.06 million SLC | +2.1% |
| 2006 | 261 million SLC | -0.4% |
| 2007 | 263.57 million SLC | +1.0% |
| 2008 | 249.31 million SLC | -5.4% |
| 2009 | 234.55 million SLC | -5.9% |
| 2010 | 235.46 million SLC | +0.4% |
| 2011 | 246.56 million SLC | +4.7% |
| 2012 | 250.21 million SLC | +1.5% |
| 2013 | 246.83 million SLC | -1.4% |
| 2014 | 257.67 million SLC | +4.4% |
| 2015 | 280.44 million SLC | +8.8% |
| 2016 | 282.41 million SLC | +0.7% |
| 2017 | 272.85 million SLC | -3.4% |
| 2018 | 273.18 million SLC | +0.1% |
| 2019 | 274.27 million SLC | +0.4% |
| 2020 | 257.81 million SLC | -6.0% |
| 2021 | 222.25 million SLC | -13.8% |
| 2022 | 219.32 million SLC | -1.3% |
| 2023 | 223.44 million SLC | +1.9% |
| 2024 | 239.6 million SLC | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 131.11 million SLC | 129.97 million SLC | 132.83 million SLC | 10 |
| 1980s | 147.98 million SLC | 130.21 million SLC | 180.94 million SLC | 10 |
| 1990s | 221.94 million SLC | 179.69 million SLC | 264.21 million SLC | 10 |
| 2000s | 251.6 million SLC | 234.55 million SLC | 263.57 million SLC | 10 |
| 2010s | 261.99 million SLC | 235.46 million SLC | 282.41 million SLC | 10 |
| 2020s | 232.48 million SLC | 219.32 million SLC | 257.81 million SLC | 5 |
Countries ranked near Palau
- 187 Anguilla 959.84 million SLC compare
- 188 Cook Islands 528.49 million SLC compare
- 189 Kiribati 365.61 million SLC compare
- 191 Montserrat 235.34 million SLC compare
- 192 Marshall Islands 216.1 million SLC compare
- 193 Naoero 168.06 million SLC 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)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (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 239.6 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Palau?
- The highest recorded value was 282.41 million SLC in 2016.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Palau?
- The lowest recorded value was 129.97 million SLC in 1970.
- How does Palau rank for gross domestic product — value standard local currency, 2015 prices?
- Palau ranks 190th 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 7.0%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).