Annual GDP growth in Palau
Palau: Annual GDP growth was 12.0% in 2024. ◆ Volatile
Annual GDP growth in Palau, 2001–2024
Source: International Monetary Fund (2026) – with minor processing by Our World in Data. Measured in %.
Analysis
In 2024, annual gdp growth in Palau stood at 12.0%. That is the highest value across all 24 years on record.
The figure is up 881.7% on the previous year and up 184.9% over ten years.
Over the whole period, annual gdp growth in Palau peaked at 12.0% in 2024 and was at its lowest, -11.9%, in 2021.
That places Palau 3rd out of 196 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | -6.2% | 7.3% | 9 |
| 2010s | 1.3% | -3.4% | 8.6% | 10 |
| 2020s | -1.0% | -11.9% | 12.0% | 5 |
Countries ranked near Palau
More economy & growth data for Palau
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Inflation of consumer prices -0.4% (2025)
- GDP per capita 15,617 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 1.2% (2024)
- Gross domestic product (GDP) 275.84 million constant 2015 US$ (2025)
- GDP per capita in international and market dollars 15,617 constant 2015 US$ (2025)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 66.30 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) 66.30 million current US$ (2025)
- Taxes less subsidies on products 40.13 million current LCU (2024)
Frequently asked questions
- What is annual gdp growth in Palau?
- Annual gdp growth in Palau was 12.0% in 2024, according to International Monetary Fund (2026) – with minor processing by Our World in Data.
- What is the highest annual gdp growth recorded in Palau?
- The highest recorded value was 12.0% in 2024.
- What is the lowest annual gdp growth recorded in Palau?
- The lowest recorded value was -11.9% in 2021.
- How does Palau rank for annual gdp growth?
- Palau ranks 3rd out of 196 countries with data for 2024.
- Is annual gdp growth rising or falling in Palau?
- Over the last ten years it is up 184.9%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from International Monetary Fund (2026) – with minor processing by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual percent change in gross domestic product. This data is adjusted for inflation.