Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Palau
Palau: Gross value added at basic prices (GVA) (constant) … unit GDP 2015 was 0.7264 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Palau, 2000–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in Palau stood at 0.7264 constant 2015 US$ per US$ of GDP. That is the lowest value across all 25 years on record.
That represents a change of down 4.2% on the previous year and down 22.4% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Palau peaked at 1.54 constant 2015 US$ per US$ of GDP in 2003 and was at its lowest, 0.7264 constant 2015 US$ per US$ of GDP, in 2024.
Palau ranks 106th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP 2015 in Palau, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2000 | 1.44 constant 2015 US$ per US$ of GDP | — |
| 2001 | 1.45 constant 2015 US$ per US$ of GDP | +1.2% |
| 2002 | 1.5 constant 2015 US$ per US$ of GDP | +3.3% |
| 2003 | 1.54 constant 2015 US$ per US$ of GDP | +2.8% |
| 2004 | 1.47 constant 2015 US$ per US$ of GDP | -5.1% |
| 2005 | 1.34 constant 2015 US$ per US$ of GDP | -8.4% |
| 2006 | 1.31 constant 2015 US$ per US$ of GDP | -2.2% |
| 2007 | 1.29 constant 2015 US$ per US$ of GDP | -1.9% |
| 2008 | 1.18 constant 2015 US$ per US$ of GDP | -8.4% |
| 2009 | 1.2 constant 2015 US$ per US$ of GDP | +1.6% |
| 2010 | 1.16 constant 2015 US$ per US$ of GDP | -3.1% |
| 2011 | 1.14 constant 2015 US$ per US$ of GDP | -1.7% |
| 2012 | 1.05 constant 2015 US$ per US$ of GDP | -8.4% |
| 2013 | 0.9811 constant 2015 US$ per US$ of GDP | -6.2% |
| 2014 | 0.9366 constant 2015 US$ per US$ of GDP | -4.5% |
| 2015 | 0.8916 constant 2015 US$ per US$ of GDP | -4.8% |
| 2016 | 0.8488 constant 2015 US$ per US$ of GDP | -4.8% |
| 2017 | 0.8589 constant 2015 US$ per US$ of GDP | +1.2% |
| 2018 | 0.863 constant 2015 US$ per US$ of GDP | +0.5% |
| 2019 | 0.8897 constant 2015 US$ per US$ of GDP | +3.1% |
| 2020 | 0.9072 constant 2015 US$ per US$ of GDP | +2.0% |
| 2021 | 0.8862 constant 2015 US$ per US$ of GDP | -2.3% |
| 2022 | 0.8332 constant 2015 US$ per US$ of GDP | -6.0% |
| 2023 | 0.7585 constant 2015 US$ per US$ of GDP | -9.0% |
| 2024 | 0.7264 constant 2015 US$ per US$ of GDP | -4.2% |
Palau compared with similar countries
- Palau's 0.7264 constant 2015 US$ per US$ of GDP is below the median for high income countries, which is 0.7299 constant 2015 US$ per US$ of GDP, 100% of the median. (69 countries reporting)
- Palau's 0.7264 constant 2015 US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.7912 constant 2015 US$ per US$ of GDP, 92% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.37 constant 2015 US$ per US$ of GDP | 1.18 constant 2015 US$ per US$ of GDP | 1.54 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.9618 constant 2015 US$ per US$ of GDP | 0.8488 constant 2015 US$ per US$ of GDP | 1.16 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8223 constant 2015 US$ per US$ of GDP | 0.7264 constant 2015 US$ per US$ of GDP | 0.9072 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Palau
- 103 Colombia 0.7326 constant 2015 US$ per US$ of GDP compare
- 104 Malta 0.7299 constant 2015 US$ per US$ of GDP compare
- 105 France 0.7298 constant 2015 US$ per US$ of GDP compare
- 107 Dominica 0.7262 constant 2015 US$ per US$ of GDP compare
- 108 Costa Rica 0.7254 constant 2015 US$ per US$ of GDP compare
- 109 Senegal 0.7233 constant 2015 US$ per US$ of GDP 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)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Palau?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Palau was 0.7264 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Palau?
- The highest recorded value was 1.54 constant 2015 US$ per US$ of GDP in 2003.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Palau?
- The lowest recorded value was 0.7264 constant 2015 US$ per US$ of GDP in 2024.
- How does Palau rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Palau ranks 106th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Palau?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.