Gross value added at basic prices (GVA) (current US$), annual growth in Palau
Palau: Gross value added at basic prices (GVA) (current US$), annual growth was 17.95 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Palau, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Palau recorded 17.95 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2024. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 138.7% on the previous year and up 132.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Palau peaked at 17.95 % change on previous year in 2024 and was at its lowest, -9.81 % change on previous year, in 2021.
That places Palau 18th out of 205 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 6.67 % change on previous year | — |
| 2002 | 2.48 % change on previous year | -62.9% |
| 2003 | -5.48 % change on previous year | -321.2% |
| 2004 | 6.35 % change on previous year | -215.9% |
| 2005 | 11.09 % change on previous year | +74.7% |
| 2006 | 3.62 % change on previous year | -67.3% |
| 2007 | 2.87 % change on previous year | -20.7% |
| 2008 | 1.02 % change on previous year | -64.4% |
| 2009 | -6.53 % change on previous year | -739.3% |
| 2010 | -0.6878 % change on previous year | -89.5% |
| 2011 | 4.98 % change on previous year | -823.7% |
| 2012 | 8.77 % change on previous year | +76.2% |
| 2013 | 5.59 % change on previous year | -36.2% |
| 2014 | 7.74 % change on previous year | +38.3% |
| 2015 | 16.46 % change on previous year | +112.8% |
| 2016 | 7.65 % change on previous year | -53.5% |
| 2017 | -5.81 % change on previous year | -175.9% |
| 2018 | 0.2624 % change on previous year | -104.5% |
| 2019 | -1.55 % change on previous year | -690.7% |
| 2020 | -6.87 % change on previous year | +343.1% |
| 2021 | -9.81 % change on previous year | +42.8% |
| 2022 | 4.51 % change on previous year | -145.9% |
| 2023 | 7.52 % change on previous year | +66.9% |
| 2024 | 17.95 % change on previous year | +138.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.45 % change on previous year | -6.53 % change on previous year | 11.09 % change on previous year | 9 |
| 2010s | 4.34 % change on previous year | -5.81 % change on previous year | 16.46 % change on previous year | 10 |
| 2020s | 2.66 % change on previous year | -9.81 % change on previous year | 17.95 % change on previous year | 5 |
Countries ranked near Palau
- 15 Sao Tome and Principe 19.13 % change on previous year compare
- 16 Ireland 18.89 % change on previous year compare
- 17 Tajikistan 18.62 % change on previous year compare
- 19 Iceland 17.56 % change on previous year compare
- 20 Kiribati 17.5 % change on previous year compare
- 21 Angola 17.45 % 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)
- 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)
- 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)
- 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)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Palau?
- Gross value added at basic prices (gva) (current us$), annual growth in Palau was 17.95 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Palau?
- The highest recorded value was 17.95 % change on previous year in 2024.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Palau?
- The lowest recorded value was -9.81 % change on previous year in 2021.
- How does Palau rank for gross value added at basic prices (gva) (current us$), annual growth?
- Palau ranks 18th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Palau?
- Over the last ten years it is up 132.0%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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 value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.