Services, value added (current US$), annual growth rate in Palau
Palau: Services, value added (current US$), annual growth rate was 13.55 % change on previous year in 2024. ◆ Volatile
Services, value added (current US$), annual growth rate in Palau, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, services, value added (current us$), annual growth rate in Palau stood at 13.55 % change on previous year.
That represents a change of up 32.8% on the previous year and up 56.5% over ten years.
Over the whole period, services, value added (current us$), annual growth rate in Palau peaked at 16.29 % change on previous year in 2015 and was at its lowest, -8.68 % change on previous year, in 2021.
That places Palau 38th out of 204 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (current US$), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | 1.78 % change on previous year | — |
| 2002 | -3.15 % change on previous year | -276.6% |
| 2003 | 0.2562 % change on previous year | -108.1% |
| 2004 | 9.04 % change on previous year | +3429.6% |
| 2005 | 12.26 % change on previous year | +35.6% |
| 2006 | 6.37 % change on previous year | -48.0% |
| 2007 | 5.22 % change on previous year | -18.1% |
| 2008 | 3.18 % change on previous year | -39.1% |
| 2009 | -6.58 % change on previous year | -307.1% |
| 2010 | -2.13 % change on previous year | -67.6% |
| 2011 | 6.55 % change on previous year | -407.5% |
| 2012 | 8.48 % change on previous year | +29.4% |
| 2013 | 6.11 % change on previous year | -27.9% |
| 2014 | 8.66 % change on previous year | +41.7% |
| 2015 | 16.29 % change on previous year | +88.1% |
| 2016 | 4.68 % change on previous year | -71.3% |
| 2017 | -3.89 % change on previous year | -183.1% |
| 2018 | -0.4638 % change on previous year | -88.1% |
| 2019 | -4.21 % change on previous year | +807.2% |
| 2020 | -8.08 % change on previous year | +91.9% |
| 2021 | -8.68 % change on previous year | +7.5% |
| 2022 | 3.62 % change on previous year | -141.7% |
| 2023 | 10.21 % change on previous year | +181.9% |
| 2024 | 13.55 % change on previous year | +32.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.15 % change on previous year | -6.58 % change on previous year | 12.26 % change on previous year | 9 |
| 2010s | 4.01 % change on previous year | -4.21 % change on previous year | 16.29 % change on previous year | 10 |
| 2020s | 2.13 % change on previous year | -8.68 % change on previous year | 13.55 % change on previous year | 5 |
Countries ranked near Palau
- 35 Samoa 13.85 % change on previous year compare
- 36 Czechia 13.83 % change on previous year compare
- 37 Zambia 13.82 % change on previous year compare
- 39 Ukraine 13.37 % change on previous year compare
- 40 Croatia 13.16 % change on previous year compare
- 41 Côte d'Ivoire 13.01 % 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 services, value added (current us$), annual growth rate in Palau?
- Services, value added (current us$), annual growth rate in Palau was 13.55 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), annual growth rate recorded in Palau?
- The highest recorded value was 16.29 % change on previous year in 2015.
- What is the lowest services, value added (current us$), annual growth rate recorded in Palau?
- The lowest recorded value was -8.68 % change on previous year in 2021.
- How does Palau rank for services, value added (current us$), annual growth rate?
- Palau ranks 38th out of 204 countries with data for 2024.
- Is services, value added (current us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is up 56.5%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.