Gross value added at basic prices (GVA) (constant) … unit GDP constant in Palau
Palau: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 0.7318 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Palau, 2000–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), per unit of in Palau is 0.7318 constant LCU per US$ of GDP, measured in 2024. 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 lcu), per unit of in Palau peaked at 1.56 constant LCU per US$ of GDP in 2003 and was at its lowest, 0.7318 constant LCU per US$ of GDP, in 2024.
Palau ranks 157th of 196 countries on this measure, in the bottom quarter.
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 constant in Palau, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 1.45 constant LCU per US$ of GDP | — |
| 2001 | 1.46 constant LCU per US$ of GDP | +1.2% |
| 2002 | 1.51 constant LCU per US$ of GDP | +3.3% |
| 2003 | 1.56 constant LCU per US$ of GDP | +2.8% |
| 2004 | 1.48 constant LCU per US$ of GDP | -5.1% |
| 2005 | 1.35 constant LCU per US$ of GDP | -8.4% |
| 2006 | 1.32 constant LCU per US$ of GDP | -2.2% |
| 2007 | 1.3 constant LCU per US$ of GDP | -1.9% |
| 2008 | 1.19 constant LCU per US$ of GDP | -8.4% |
| 2009 | 1.21 constant LCU per US$ of GDP | +1.6% |
| 2010 | 1.17 constant LCU per US$ of GDP | -3.1% |
| 2011 | 1.15 constant LCU per US$ of GDP | -1.7% |
| 2012 | 1.05 constant LCU per US$ of GDP | -8.4% |
| 2013 | 0.9885 constant LCU per US$ of GDP | -6.2% |
| 2014 | 0.9437 constant LCU per US$ of GDP | -4.5% |
| 2015 | 0.8983 constant LCU per US$ of GDP | -4.8% |
| 2016 | 0.8552 constant LCU per US$ of GDP | -4.8% |
| 2017 | 0.8653 constant LCU per US$ of GDP | +1.2% |
| 2018 | 0.8695 constant LCU per US$ of GDP | +0.5% |
| 2019 | 0.8964 constant LCU per US$ of GDP | +3.1% |
| 2020 | 0.914 constant LCU per US$ of GDP | +2.0% |
| 2021 | 0.8929 constant LCU per US$ of GDP | -2.3% |
| 2022 | 0.8395 constant LCU per US$ of GDP | -6.0% |
| 2023 | 0.7642 constant LCU per US$ of GDP | -9.0% |
| 2024 | 0.7318 constant LCU per US$ of GDP | -4.2% |
Palau compared with similar countries
- Palau's 0.7318 constant LCU per US$ of GDP is below the median for high income countries, which is 0.8613 constant LCU per US$ of GDP, 85% of the median. (70 countries reporting)
- Palau's 0.7318 constant LCU per US$ of GDP is below the median for East Asia & Pacific, which is 5.1 constant LCU per US$ of GDP, 14% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.38 constant LCU per US$ of GDP | 1.19 constant LCU per US$ of GDP | 1.56 constant LCU per US$ of GDP | 10 |
| 2010s | 0.9691 constant LCU per US$ of GDP | 0.8552 constant LCU per US$ of GDP | 1.17 constant LCU per US$ of GDP | 10 |
| 2020s | 0.8285 constant LCU per US$ of GDP | 0.7318 constant LCU per US$ of GDP | 0.914 constant LCU per US$ of GDP | 5 |
Countries ranked near Palau
- 154 Bermuda 0.7413 constant LCU per US$ of GDP compare
- 155 Marshall Islands 0.741 constant LCU per US$ of GDP compare
- 156 Malta 0.7347 constant LCU per US$ of GDP compare
- 158 El Salvador 0.7153 constant LCU per US$ of GDP compare
- 159 Ireland 0.7105 constant LCU per US$ of GDP compare
- 160 France 0.6988 constant LCU 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 lcu), per unit of in Palau?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Palau was 0.7318 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Palau?
- The highest recorded value was 1.56 constant LCU per US$ of GDP in 2003.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Palau?
- The lowest recorded value was 0.7318 constant LCU per US$ of GDP in 2024.
- How does Palau rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Palau ranks 157th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.