Gross National Income — Value US$ in Palau
Palau: Gross National Income — Value US$ was 293.83 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Palau, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Palau recorded 293.83 million USD for gross national income — value us$ in 2023. That is the highest value across all 54 years on record.
The figure is up 10.3% on the previous year and up 32.2% over ten years.
Over the whole period, gross national income — value us$ in Palau peaked at 293.83 million USD in 2023 and was at its lowest, 8.37 million USD, in 1970.
That places Palau 200th out of 203 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ in Palau, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 8.37 million USD | — |
| 1971 | 9.19 million USD | +9.9% |
| 1972 | 10.1 million USD | +9.8% |
| 1973 | 11.09 million USD | +9.9% |
| 1974 | 12.19 million USD | +9.9% |
| 1975 | 13.4 million USD | +9.9% |
| 1976 | 14.74 million USD | +10.0% |
| 1977 | 16.14 million USD | +9.5% |
| 1978 | 17.75 million USD | +10.0% |
| 1979 | 19.54 million USD | +10.1% |
| 1980 | 21.5 million USD | +10.0% |
| 1981 | 23.7 million USD | +10.2% |
| 1982 | 26.07 million USD | +10.0% |
| 1983 | 28.69 million USD | +10.0% |
| 1984 | 32.4 million USD | +12.9% |
| 1985 | 36.84 million USD | +13.7% |
| 1986 | 42.31 million USD | +14.8% |
| 1987 | 47.79 million USD | +13.0% |
| 1988 | 54.39 million USD | +13.8% |
| 1989 | 61.86 million USD | +13.7% |
| 1990 | 70.02 million USD | +13.2% |
| 1991 | 81.62 million USD | +16.6% |
| 1992 | 80.18 million USD | -1.8% |
| 1993 | 76.71 million USD | -4.3% |
| 1994 | 80.8 million USD | +5.3% |
| 1995 | 95.09 million USD | +17.7% |
| 1996 | 108.59 million USD | +14.2% |
| 1997 | 113.53 million USD | +4.5% |
| 1998 | 114.02 million USD | +0.4% |
| 1999 | 114.7 million USD | +0.6% |
| 2000 | 135.36 million USD | +18.0% |
| 2001 | 145.03 million USD | +7.1% |
| 2002 | 146.89 million USD | +1.3% |
| 2003 | 146.46 million USD | -0.3% |
| 2004 | 163.08 million USD | +11.3% |
| 2005 | 207.04 million USD | +27.0% |
| 2006 | 211.44 million USD | +2.1% |
| 2007 | 221.52 million USD | +4.8% |
| 2008 | 222.07 million USD | +0.2% |
| 2009 | 202.58 million USD | -8.8% |
| 2010 | 187.6 million USD | -7.4% |
| 2011 | 199.46 million USD | +6.3% |
| 2012 | 222.26 million USD | +11.4% |
| 2013 | 222.26 million USD | +0.0% |
| 2014 | 239.61 million USD | +7.8% |
| 2015 | 278.2 million USD | +16.1% |
| 2016 | 290.63 million USD | +4.5% |
| 2017 | 285.51 million USD | -1.8% |
| 2018 | 280.54 million USD | -1.7% |
| 2019 | 280.18 million USD | -0.1% |
| 2020 | 270 million USD | -3.6% |
| 2021 | 245.78 million USD | -9.0% |
| 2022 | 266.46 million USD | +8.4% |
| 2023 | 293.83 million USD | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.25 million USD | 8.37 million USD | 19.54 million USD | 10 |
| 1980s | 37.56 million USD | 21.5 million USD | 61.86 million USD | 10 |
| 1990s | 93.53 million USD | 70.02 million USD | 114.7 million USD | 10 |
| 2000s | 180.15 million USD | 135.36 million USD | 222.07 million USD | 10 |
| 2010s | 248.62 million USD | 187.6 million USD | 290.63 million USD | 10 |
| 2020s | 269.02 million USD | 245.78 million USD | 293.83 million USD | 4 |
Countries ranked near Palau
- 197 Anguilla 380.95 million USD compare
- 198 Cook Islands 366.21 million USD compare
- 199 Marshall Islands 308.71 million USD compare
- 201 Naoero 253.01 million USD compare
- 202 Montserrat 97.83 million USD compare
- 203 Tuvalu 91.32 million USD 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)
- Taxes less subsidies on products (current LCU), annual growth rate 6.71 % change on previous year (2024)
- 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)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is gross national income — value us$ in Palau?
- Gross national income — value us$ in Palau was 293.83 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Palau?
- The highest recorded value was 293.83 million USD in 2023.
- What is the lowest gross national income — value us$ recorded in Palau?
- The lowest recorded value was 8.37 million USD in 1970.
- How does Palau rank for gross national income — value us$?
- Palau ranks 200th out of 203 countries with data for 2023.
- Is gross national income — value us$ rising or falling in Palau?
- Over the last ten years it is up 32.2%. 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 National Income — Value US$. Statizoid updates them automatically from the source API.
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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).