GDP at market prices (constant 2010 US$), annual growth rate in Palau
Palau: GDP at market prices (constant 2010 US$), annual growth rate was 1.88 % change on previous year in 2023. ◆ Volatile
GDP at market prices (constant 2010 US$), annual growth rate in Palau, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Palau recorded 1.88 % change on previous year for gdp at market prices (constant 2010 us$), annual growth rate in 2023.
Compared with earlier readings it is up 242.4% on the previous year and up 161.8% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Palau peaked at 10.9 % change on previous year in 1995 and was at its lowest, -13.79 % change on previous year, in 2021.
Palau ranks 146th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP at market prices (constant 2010 US$), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 0.1259 % change on previous year | — |
| 1972 | 0.3415 % change on previous year | +171.2% |
| 1973 | 0.202 % change on previous year | -40.8% |
| 1974 | 0.1059 % change on previous year | -47.6% |
| 1975 | 0.0253 % change on previous year | -76.2% |
| 1976 | -0.0416 % change on previous year | -264.8% |
| 1977 | 1.43 % change on previous year | -3534.2% |
| 1978 | -0.4887 % change on previous year | -134.2% |
| 1979 | -0.3741 % change on previous year | -23.5% |
| 1980 | -0.3741 % change on previous year | +0.0% |
| 1981 | -0.3742 % change on previous year | +0.0% |
| 1982 | -0.3735 % change on previous year | -0.2% |
| 1983 | 1.93 % change on previous year | -617.1% |
| 1984 | 4.62 % change on previous year | +139.3% |
| 1985 | 5.44 % change on previous year | +17.6% |
| 1986 | 5.44 % change on previous year | +0.0% |
| 1987 | 5.44 % change on previous year | +0.0% |
| 1988 | 5.44 % change on previous year | -0.0% |
| 1989 | 5.44 % change on previous year | +0.0% |
| 1990 | 5.44 % change on previous year | +0.0% |
| 1991 | 4.91 % change on previous year | -9.8% |
| 1992 | -6.4 % change on previous year | -230.5% |
| 1993 | -12.3 % change on previous year | +92.2% |
| 1994 | 7.3 % change on previous year | -159.3% |
| 1995 | 10.9 % change on previous year | +49.3% |
| 1996 | 10.4 % change on previous year | -4.6% |
| 1997 | 2.3 % change on previous year | -77.9% |
| 1998 | 2 % change on previous year | -13.1% |
| 1999 | -5.4 % change on previous year | -370.0% |
| 2000 | -2.6 % change on previous year | -51.8% |
| 2001 | 6.5 % change on previous year | -349.7% |
| 2002 | 5.02 % change on previous year | -22.8% |
| 2003 | -3.22 % change on previous year | -164.3% |
| 2004 | 3.94 % change on previous year | -222.2% |
| 2005 | 3.41 % change on previous year | -13.3% |
| 2006 | -0.1237 % change on previous year | -103.6% |
| 2007 | 1.75 % change on previous year | -1517.9% |
| 2008 | -5.49 % change on previous year | -413.2% |
| 2009 | -7.26 % change on previous year | +32.2% |
| 2010 | -0.8961 % change on previous year | -87.7% |
| 2011 | 5.12 % change on previous year | -671.2% |
| 2012 | 1.25 % change on previous year | -75.5% |
| 2013 | -3.04 % change on previous year | -342.2% |
| 2014 | 4.77 % change on previous year | -257.1% |
| 2015 | 8.2 % change on previous year | +71.9% |
| 2016 | -0.4401 % change on previous year | -105.4% |
| 2017 | -3.26 % change on previous year | +640.8% |
| 2018 | 0.1102 % change on previous year | -103.4% |
| 2019 | 0.1997 % change on previous year | +81.2% |
| 2020 | -6 % change on previous year | -3103.5% |
| 2021 | -13.79 % change on previous year | +129.9% |
| 2022 | -1.32 % change on previous year | -90.4% |
| 2023 | 1.88 % change on previous year | -242.4% |
Palau compared with similar countries
- Palau's 1.88 % change on previous year is below the median for high income countries, which is 2.19 % change on previous year, 86% of the median. (80 countries reporting)
- Palau's 1.88 % change on previous year is below the median for East Asia & Pacific, which is 3.85 % change on previous year, 49% of the median. (35 countries reporting)
Biggest year-on-year movements
Years where GDP at market prices (constant 2010 US$), annual growth rate in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +3534.2% | -0.0416 % change on previous year | 1.43 % change on previous year |
| 2020 | -3103.5% | 0.1997 % change on previous year | -6 % change on previous year |
| 2007 | +1517.9% | -0.1237 % change on previous year | 1.75 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1473 % change on previous year | -0.4887 % change on previous year | 1.43 % change on previous year | 9 |
| 1980s | 3.26 % change on previous year | -0.3742 % change on previous year | 5.44 % change on previous year | 10 |
| 1990s | 1.91 % change on previous year | -12.3 % change on previous year | 10.9 % change on previous year | 10 |
| 2000s | 0.1918 % change on previous year | -7.26 % change on previous year | 6.5 % change on previous year | 10 |
| 2010s | 1.2 % change on previous year | -3.26 % change on previous year | 8.2 % change on previous year | 10 |
| 2020s | -4.81 % change on previous year | -13.79 % change on previous year | 1.88 % change on previous year | 4 |
Countries ranked near Palau
- 143 Zimbabwe 2.03 % change on previous year compare
- 144 South Korea 2 % change on previous year compare
- 145 Portugal 1.93 % change on previous year compare
- 147 Mozambique 1.85 % change on previous year compare
- 148 Malawi 1.83 % change on previous year compare
- 149 Saudi Arabia 1.81 % change on previous year compare
More population data for Palau
- Population regions with projections, annual growth rate -0.5888 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -9.22 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5888 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.426 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 16.69 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.2005 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7366 % change on previous year (2100)
- World population growth -0.6% (2100)
- Population density 24.23 people per km² (2100)
- Number of children under 5, by world region 539 people (2100)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), annual growth rate in Palau?
- Gdp at market prices (constant 2010 us$), annual growth rate in Palau was 1.88 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Palau?
- The highest recorded value was 10.9 % change on previous year in 1995.
- What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Palau?
- The lowest recorded value was -13.79 % change on previous year in 2021.
- How does Palau rank for gdp at market prices (constant 2010 us$), annual growth rate?
- Palau ranks 146th out of 208 countries with data for 2023.
- Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is up 161.8%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP at market prices UNESCO Institute for Statistics
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.