Services, value added (constant 2015 US$), annual growth rate in Palau
Palau: Services, value added (constant 2015 US$), annual growth rate was 8.91 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Palau, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, services, value added (constant 2015 us$), annual growth rate in Palau stood at 8.91 % change on previous year. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 88.6% on the previous year and up 102.7% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Palau peaked at 8.91 % change on previous year in 2024 and was at its lowest, -12.79 % change on previous year, in 2021.
Palau ranks 10th of 195 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 3.1 % change on previous year | — |
| 2002 | 0.6044 % change on previous year | -80.5% |
| 2003 | 3.45 % change on previous year | +470.4% |
| 2004 | 4.14 % change on previous year | +20.1% |
| 2005 | 2.5 % change on previous year | -39.7% |
| 2006 | 2.56 % change on previous year | +2.6% |
| 2007 | 3.54 % change on previous year | +38.1% |
| 2008 | -5.99 % change on previous year | -269.3% |
| 2009 | -3.36 % change on previous year | -44.0% |
| 2010 | -3.56 % change on previous year | +6.0% |
| 2011 | 4.45 % change on previous year | -225.1% |
| 2012 | 0.6902 % change on previous year | -84.5% |
| 2013 | -0.4525 % change on previous year | -165.6% |
| 2014 | 4.39 % change on previous year | -1070.9% |
| 2015 | 8.73 % change on previous year | +98.7% |
| 2016 | 0.1938 % change on previous year | -97.8% |
| 2017 | -3.06 % change on previous year | -1677.9% |
| 2018 | 0.4196 % change on previous year | -113.7% |
| 2019 | -2.08 % change on previous year | -596.5% |
| 2020 | -6.33 % change on previous year | +203.8% |
| 2021 | -12.79 % change on previous year | +102.1% |
| 2022 | 1.26 % change on previous year | -109.9% |
| 2023 | 4.72 % change on previous year | +273.4% |
| 2024 | 8.91 % change on previous year | +88.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.17 % change on previous year | -5.99 % change on previous year | 4.14 % change on previous year | 9 |
| 2010s | 0.9728 % change on previous year | -3.56 % change on previous year | 8.73 % change on previous year | 10 |
| 2020s | -0.8456 % change on previous year | -12.79 % change on previous year | 8.91 % change on previous year | 5 |
Countries ranked near Palau
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 services, value added (constant 2015 us$), annual growth rate in Palau?
- Services, value added (constant 2015 us$), annual growth rate in Palau was 8.91 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Palau?
- The highest recorded value was 8.91 % change on previous year in 2024.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Palau?
- The lowest recorded value was -12.79 % change on previous year in 2021.
- How does Palau rank for services, value added (constant 2015 us$), annual growth rate?
- Palau ranks 10th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is up 102.7%. 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 Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, value added 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 Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.