Services, value added (constant LCU), per unit of GDP in Palau
Palau: Services, value added (constant LCU), per unit of GDP was 0.6334 constant LCU per US$ of GDP in 2024. ▼ Falling
Services, value added (constant LCU), per unit of GDP in Palau, 2000–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Palau recorded 0.6334 constant LCU per US$ of GDP for services, value added (constant lcu), per unit of gdp in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 6.5% on the previous year and down 25.2% over ten years.
Over the whole period, services, value added (constant lcu), per unit of gdp in Palau peaked at 1.24 constant LCU per US$ of GDP in 2003 and was at its lowest, 0.6334 constant LCU per US$ of GDP, in 2024.
Palau ranks 150th of 197 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Services, value added (constant LCU), per unit of GDP in Palau, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2000 | 1.19 constant LCU per US$ of GDP | — |
| 2001 | 1.15 constant LCU per US$ of GDP | -3.3% |
| 2002 | 1.14 constant LCU per US$ of GDP | -1.4% |
| 2003 | 1.24 constant LCU per US$ of GDP | +8.9% |
| 2004 | 1.2 constant LCU per US$ of GDP | -3.2% |
| 2005 | 1.1 constant LCU per US$ of GDP | -8.2% |
| 2006 | 1.1 constant LCU per US$ of GDP | -0.2% |
| 2007 | 1.11 constant LCU per US$ of GDP | +0.8% |
| 2008 | 1.03 constant LCU per US$ of GDP | -7.4% |
| 2009 | 1.07 constant LCU per US$ of GDP | +4.5% |
| 2010 | 1.03 constant LCU per US$ of GDP | -3.7% |
| 2011 | 1.02 constant LCU per US$ of GDP | -1.4% |
| 2012 | 0.9306 constant LCU per US$ of GDP | -8.6% |
| 2013 | 0.88 constant LCU per US$ of GDP | -5.4% |
| 2014 | 0.8469 constant LCU per US$ of GDP | -3.8% |
| 2015 | 0.7979 constant LCU per US$ of GDP | -5.8% |
| 2016 | 0.7465 constant LCU per US$ of GDP | -6.4% |
| 2017 | 0.757 constant LCU per US$ of GDP | +1.4% |
| 2018 | 0.7648 constant LCU per US$ of GDP | +1.0% |
| 2019 | 0.7655 constant LCU per US$ of GDP | +0.1% |
| 2020 | 0.7807 constant LCU per US$ of GDP | +2.0% |
| 2021 | 0.7473 constant LCU per US$ of GDP | -4.3% |
| 2022 | 0.7215 constant LCU per US$ of GDP | -3.5% |
| 2023 | 0.6771 constant LCU per US$ of GDP | -6.2% |
| 2024 | 0.6334 constant LCU per US$ of GDP | -6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.13 constant LCU per US$ of GDP | 1.03 constant LCU per US$ of GDP | 1.24 constant LCU per US$ of GDP | 10 |
| 2010s | 0.8539 constant LCU per US$ of GDP | 0.7465 constant LCU per US$ of GDP | 1.03 constant LCU per US$ of GDP | 10 |
| 2020s | 0.712 constant LCU per US$ of GDP | 0.6334 constant LCU per US$ of GDP | 0.7807 constant LCU per US$ of GDP | 5 |
Countries ranked near Palau
- 147 Singapore 0.6775 constant LCU per US$ of GDP compare
- 148 Bahamas 0.6717 constant LCU per US$ of GDP compare
- 149 Panama 0.6619 constant LCU per US$ of GDP compare
- 151 Timor-Leste 0.6289 constant LCU per US$ of GDP compare
- 152 Cayman Islands 0.5882 constant LCU per US$ of GDP compare
- 153 Malta 0.5845 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)
- 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 lcu), per unit of gdp in Palau?
- Services, value added (constant lcu), per unit of gdp in Palau was 0.6334 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in Palau?
- The highest recorded value was 1.24 constant LCU per US$ of GDP in 2003.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.6334 constant LCU per US$ of GDP in 2024.
- How does Palau rank for services, value added (constant lcu), per unit of gdp?
- Palau ranks 150th out of 197 countries with data for 2024.
- Is services, value added (constant lcu), per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 25.2%. 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 Services, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Services, value added 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
Services, value added (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.