Gross National Income — Value Standard Local Currency, annual growth in Palau
Palau: Gross National Income — Value Standard Local Currency, annual growth was 10.27 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Palau, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross national income — value standard local currency, annual growth in Palau stood at 10.27 % change on previous year.
That represents a change of up 22.1% on the previous year and up 690.3% over five years.
Over the whole period, gross national income — value standard local currency, annual growth in Palau peaked at 26.96 % change on previous year in 2005 and was at its lowest, -8.97 % change on previous year, in 2021.
Palau ranks 87th of 231 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency, annual growth in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 9.89 % change on previous year | — |
| 1972 | 9.84 % change on previous year | -0.6% |
| 1973 | 9.85 % change on previous year | +0.2% |
| 1974 | 9.89 % change on previous year | +0.4% |
| 1975 | 9.92 % change on previous year | +0.3% |
| 1976 | 9.97 % change on previous year | +0.5% |
| 1977 | 9.55 % change on previous year | -4.2% |
| 1978 | 9.96 % change on previous year | +4.3% |
| 1979 | 10.07 % change on previous year | +1.2% |
| 1980 | 10.05 % change on previous year | -0.2% |
| 1981 | 10.21 % change on previous year | +1.6% |
| 1982 | 10.04 % change on previous year | -1.6% |
| 1983 | 10.04 % change on previous year | -0.0% |
| 1984 | 12.93 % change on previous year | +28.8% |
| 1985 | 13.71 % change on previous year | +6.0% |
| 1986 | 14.83 % change on previous year | +8.2% |
| 1987 | 12.96 % change on previous year | -12.6% |
| 1988 | 13.82 % change on previous year | +6.6% |
| 1989 | 13.74 % change on previous year | -0.6% |
| 1990 | 13.19 % change on previous year | -4.0% |
| 1991 | 16.57 % change on previous year | +25.6% |
| 1992 | -1.77 % change on previous year | -110.7% |
| 1993 | -4.33 % change on previous year | +144.3% |
| 1994 | 5.33 % change on previous year | -223.3% |
| 1995 | 17.69 % change on previous year | +231.6% |
| 1996 | 14.2 % change on previous year | -19.8% |
| 1997 | 4.55 % change on previous year | -68.0% |
| 1998 | 0.4325 % change on previous year | -90.5% |
| 1999 | 0.5902 % change on previous year | +36.5% |
| 2000 | 18.02 % change on previous year | +2953.0% |
| 2001 | 7.14 % change on previous year | -60.4% |
| 2002 | 1.29 % change on previous year | -82.0% |
| 2003 | -0.2934 % change on previous year | -122.8% |
| 2004 | 11.34 % change on previous year | -3965.9% |
| 2005 | 26.96 % change on previous year | +137.7% |
| 2006 | 2.13 % change on previous year | -92.1% |
| 2007 | 4.77 % change on previous year | +124.0% |
| 2008 | 0.2465 % change on previous year | -94.8% |
| 2009 | -8.78 % change on previous year | -3661.4% |
| 2010 | -7.39 % change on previous year | -15.8% |
| 2011 | 6.32 % change on previous year | -185.5% |
| 2012 | 11.43 % change on previous year | +80.7% |
| 2013 | 0 % change on previous year | -100.0% |
| 2014 | 7.81 % change on previous year | — |
| 2015 | 16.1 % change on previous year | +106.3% |
| 2016 | 4.47 % change on previous year | -72.3% |
| 2017 | -1.76 % change on previous year | -139.4% |
| 2018 | -1.74 % change on previous year | -1.2% |
| 2019 | -0.1298 % change on previous year | -92.5% |
| 2020 | -3.63 % change on previous year | +2698.4% |
| 2021 | -8.97 % change on previous year | +147.1% |
| 2022 | 8.41 % change on previous year | -193.8% |
| 2023 | 10.27 % change on previous year | +22.1% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2004 | +3965.9% | -0.2934 % change on previous year | 11.34 % change on previous year |
| 2009 | -3661.4% | 0.2465 % change on previous year | -8.78 % change on previous year |
| 2000 | +2953.0% | 0.5902 % change on previous year | 18.02 % change on previous year |
| 2020 | -2698.4% | -0.1298 % change on previous year | -3.63 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.88 % change on previous year | 9.55 % change on previous year | 10.07 % change on previous year | 9 |
| 1980s | 12.23 % change on previous year | 10.04 % change on previous year | 14.83 % change on previous year | 10 |
| 1990s | 6.64 % change on previous year | -4.33 % change on previous year | 17.69 % change on previous year | 10 |
| 2000s | 6.28 % change on previous year | -8.78 % change on previous year | 26.96 % change on previous year | 10 |
| 2010s | 3.51 % change on previous year | -7.39 % change on previous year | 16.1 % change on previous year | 10 |
| 2020s | 1.52 % change on previous year | -8.97 % change on previous year | 10.27 % change on previous year | 4 |
Countries ranked near Palau
- 84 Guatemala 10.4 % change on previous year compare
- 85 United Republic of Tanzania 10.34 % change on previous year compare
- 86 Saint Vincent and the Grenadines 10.29 % change on previous year compare
- 88 Democratic People's Republic of Korea 10.17 % change on previous year compare
- 89 Cabo Verde 10.17 % change on previous year compare
- 90 Mozambique 10.03 % change on previous year 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)
- 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 national income — value standard local currency, annual growth in Palau?
- Gross national income — value standard local currency, annual growth in Palau was 10.27 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Palau?
- The highest recorded value was 26.96 % change on previous year in 2005.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Palau?
- The lowest recorded value was -8.97 % change on previous year in 2021.
- How does Palau rank for gross national income — value standard local currency, annual growth?
- Palau ranks 87th out of 231 countries with data for 2023.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.