Gross Domestic Product — Value US$, 2015 prices in Palau

Palau: Gross Domestic Product — Value US$, 2015 prices was 239.6 million USD in 2024. ▲ Rising

Latest (2024)
239.6 million USD
Change on year
up 7.2%
World rank
199th
of 203 countries
All-time high
282.41 million USD
in 2016
All-time low
129.97 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$, 2015 prices in Palau, 1970–2024

0100200300197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross domestic product — value us$, 2015 prices in Palau is 239.6 million USD, measured in 2024.

The figure is up 7.2% on the previous year and down 7.0% over ten years.

Over the whole period, gross domestic product — value us$, 2015 prices in Palau peaked at 282.41 million USD in 2016 and was at its lowest, 129.97 million USD, in 1970.

That places Palau 199th out of 203 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 US$, 2015 prices in Palau, year by year

Annual values for Gross Domestic Product — Value US$, 2015 prices in Palau, 1970 to 2024.
Year million USD Change
1970 129.97 million USD
1971 130.13 million USD +0.1%
1972 130.57 million USD +0.3%
1973 130.84 million USD +0.2%
1974 130.98 million USD +0.1%
1975 131.01 million USD +0.0%
1976 130.96 million USD -0.0%
1977 132.83 million USD +1.4%
1978 132.18 million USD -0.5%
1979 131.69 million USD -0.4%
1980 131.19 million USD -0.4%
1981 130.7 million USD -0.4%
1982 130.21 million USD -0.4%
1983 132.73 million USD +1.9%
1984 138.86 million USD +4.6%
1985 146.41 million USD +5.4%
1986 154.37 million USD +5.4%
1987 162.76 million USD +5.4%
1988 171.61 million USD +5.4%
1989 180.94 million USD +5.4%
1990 190.78 million USD +5.4%
1991 200.14 million USD +4.9%
1992 204.9 million USD +2.4%
1993 179.69 million USD -12.3%
1994 192.81 million USD +7.3%
1995 224.82 million USD +16.6%
1996 248.46 million USD +10.5%
1997 258.84 million USD +4.2%
1998 264.21 million USD +2.1%
1999 254.76 million USD -3.6%
2000 237.59 million USD -6.7%
2001 242.49 million USD +2.1%
2002 254.23 million USD +4.8%
2003 254.6 million USD +0.1%
2004 256.62 million USD +0.8%
2005 262.06 million USD +2.1%
2006 261 million USD -0.4%
2007 263.57 million USD +1.0%
2008 249.31 million USD -5.4%
2009 234.55 million USD -5.9%
2010 235.46 million USD +0.4%
2011 246.56 million USD +4.7%
2012 250.21 million USD +1.5%
2013 246.83 million USD -1.4%
2014 257.67 million USD +4.4%
2015 280.44 million USD +8.8%
2016 282.41 million USD +0.7%
2017 272.85 million USD -3.4%
2018 273.18 million USD +0.1%
2019 274.27 million USD +0.4%
2020 257.81 million USD -6.0%
2021 222.25 million USD -13.8%
2022 219.32 million USD -1.3%
2023 223.44 million USD +1.9%
2024 239.6 million USD +7.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 131.11 million USD 129.97 million USD 132.83 million USD 10
1980s 147.98 million USD 130.21 million USD 180.94 million USD 10
1990s 221.94 million USD 179.69 million USD 264.21 million USD 10
2000s 251.6 million USD 234.55 million USD 263.57 million USD 10
2010s 261.99 million USD 235.46 million USD 282.41 million USD 10
2020s 232.48 million USD 219.32 million USD 257.81 million USD 5

Countries ranked near Palau

  1. 196 Cook Islands 368.55 million USD compare
  2. 197 Anguilla 355.5 million USD compare
  3. 198 Kiribati 274.67 million USD compare
  4. 200 Marshall Islands 216.1 million USD compare
  5. 201 Nauru 126.26 million USD compare
  6. 202 Montserrat 87.16 million USD compare

See the full ranking of 252 places →

More economy & growth data for Palau

All data for Palau →

Frequently asked questions

What is gross domestic product — value us$, 2015 prices in Palau?
Gross domestic product — value us$, 2015 prices in Palau was 239.6 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$, 2015 prices recorded in Palau?
The highest recorded value was 282.41 million USD in 2016.
What is the lowest gross domestic product — value us$, 2015 prices recorded in Palau?
The lowest recorded value was 129.97 million USD in 1970.
How does Palau rank for gross domestic product — value us$, 2015 prices?
Palau ranks 199th out of 203 countries with data for 2024.
Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$, 2015 prices in Palau. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us-2015-prices/palau/

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About this data

Indicator
Gross Domestic Product — Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).