Gross Fixed Capital Formation — Value Standard Local Currency in Palau
Palau: Gross Fixed Capital Formation — Value Standard Local Currency was 110.45 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Palau, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Palau stood at 110.45 million SLC.
That represents a change of up 6.3% on the previous year and up 53.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Palau peaked at 112.26 million SLC in 2022 and was at its lowest, 1.21 million SLC, in 1970.
Palau ranks 225th of 230 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Palau, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1.21 million SLC | — |
| 1971 | 1.33 million SLC | +9.9% |
| 1972 | 1.46 million SLC | +9.8% |
| 1973 | 1.61 million SLC | +9.9% |
| 1974 | 1.77 million SLC | +9.9% |
| 1975 | 1.94 million SLC | +9.9% |
| 1976 | 2.13 million SLC | +9.9% |
| 1977 | 2.34 million SLC | +9.5% |
| 1978 | 2.57 million SLC | +10.0% |
| 1979 | 2.83 million SLC | +10.0% |
| 1980 | 3.11 million SLC | +10.0% |
| 1981 | 3.43 million SLC | +10.1% |
| 1982 | 3.77 million SLC | +10.0% |
| 1983 | 4.17 million SLC | +10.6% |
| 1984 | 4.69 million SLC | +12.4% |
| 1985 | 5.32 million SLC | +13.5% |
| 1986 | 6.1 million SLC | +14.6% |
| 1987 | 6.91 million SLC | +13.2% |
| 1988 | 8.11 million SLC | +17.5% |
| 1989 | 8.72 million SLC | +7.5% |
| 1990 | 10.04 million SLC | +15.2% |
| 1991 | 11.67 million SLC | +16.2% |
| 1992 | 11.73 million SLC | +0.5% |
| 1993 | 13.22 million SLC | +12.7% |
| 1994 | 8.05 million SLC | -39.1% |
| 1995 | 14.86 million SLC | +84.6% |
| 1996 | 31.44 million SLC | +111.6% |
| 1997 | 38.8 million SLC | +23.4% |
| 1998 | 28.49 million SLC | -26.6% |
| 1999 | 20.78 million SLC | -27.1% |
| 2000 | 99.27 million SLC | +377.7% |
| 2001 | 76.76 million SLC | -22.7% |
| 2002 | 78.44 million SLC | +2.2% |
| 2003 | 72.69 million SLC | -7.3% |
| 2004 | 77.87 million SLC | +7.1% |
| 2005 | 78.45 million SLC | +0.7% |
| 2006 | 72.11 million SLC | -8.1% |
| 2007 | 65.89 million SLC | -8.6% |
| 2008 | 59.88 million SLC | -9.1% |
| 2009 | 43.46 million SLC | -27.4% |
| 2010 | 43.73 million SLC | +0.6% |
| 2011 | 54.33 million SLC | +24.3% |
| 2012 | 55.6 million SLC | +2.3% |
| 2013 | 49.26 million SLC | -11.4% |
| 2014 | 71.8 million SLC | +45.8% |
| 2015 | 76.18 million SLC | +6.1% |
| 2016 | 80.39 million SLC | +5.5% |
| 2017 | 86.09 million SLC | +7.1% |
| 2018 | 78.23 million SLC | -9.1% |
| 2019 | 85.15 million SLC | +8.8% |
| 2020 | 110.27 million SLC | +29.5% |
| 2021 | 93.16 million SLC | -15.5% |
| 2022 | 112.26 million SLC | +20.5% |
| 2023 | 103.95 million SLC | -7.4% |
| 2024 | 110.45 million SLC | +6.3% |
Palau compared with similar countries
- Palau's 110.45 million SLC is below the median for high income countries, which is 36,467 million SLC, 0% of the median. (73 countries reporting)
- Palau's 110.45 million SLC is below the median for East Asia & Pacific, which is 123,364 million SLC, 0% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +377.7% | 20.78 million SLC | 99.27 million SLC |
| 1996 | +111.6% | 14.86 million SLC | 31.44 million SLC |
| 1995 | +84.6% | 8.05 million SLC | 14.86 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.92 million SLC | 1.21 million SLC | 2.83 million SLC | 10 |
| 1980s | 5.43 million SLC | 3.11 million SLC | 8.72 million SLC | 10 |
| 1990s | 18.91 million SLC | 8.05 million SLC | 38.8 million SLC | 10 |
| 2000s | 72.48 million SLC | 43.46 million SLC | 99.27 million SLC | 10 |
| 2010s | 68.08 million SLC | 43.73 million SLC | 86.09 million SLC | 10 |
| 2020s | 106.02 million SLC | 93.16 million SLC | 112.26 million SLC | 5 |
Countries ranked near Palau
- 222 Micronesia (Federated States of) 140.24 million SLC compare
- 223 Kiribati 115.58 million SLC compare
- 224 Cook Islands 113.19 million SLC compare
- 226 Nauru 70.88 million SLC compare
- 226 Nauru 70.88 million SLC compare
- 228 Montserrat 57.65 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)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Palau?
- Gross fixed capital formation — value standard local currency in Palau was 110.45 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Palau?
- The highest recorded value was 112.26 million SLC in 2022.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Palau?
- The lowest recorded value was 1.21 million SLC in 1970.
- How does Palau rank for gross fixed capital formation — value standard local currency?
- Palau ranks 225th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Palau?
- Over the last ten years it is up 53.8%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
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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).