GDP (current LCU) (UNESCO Institute) in Palau
Palau: GDP (current LCU) (UNESCO Institute) was 281.85 million current LCU in 2023. ◆ Volatile
Latest (2023)
281.85 million current LCU
Change on year
up 10.3%
World rank
208th
of 211 countries
All-time high
298.32 million current LCU
in 2016
All-time low
11.56 million current LCU
in 1970
Years of data
54
1970–2023
GDP in Palau, 1970–2023
Source: UNESCO Institute for Statistics. Measured in current LCU.
Analysis
In 2023, gdp in Palau stood at 281.85 million current LCU.
The figure is up 10.3% on the previous year and up 25.1% over ten years.
Over the whole period, gdp in Palau peaked at 298.32 million current LCU in 2016 and was at its lowest, 11.56 million current LCU, in 1970.
Palau ranks 208th of 211 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (UNESCO Institute) in Palau, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 11.56 million current LCU | — |
| 1971 | 12.71 million current LCU | +9.9% |
| 1972 | 13.96 million current LCU | +9.8% |
| 1973 | 15.33 million current LCU | +9.9% |
| 1974 | 16.85 million current LCU | +9.9% |
| 1975 | 18.52 million current LCU | +9.9% |
| 1976 | 20.36 million current LCU | +10.0% |
| 1977 | 22.31 million current LCU | +9.5% |
| 1978 | 24.53 million current LCU | +10.0% |
| 1979 | 27.00 million current LCU | +10.1% |
| 1980 | 29.73 million current LCU | +10.1% |
| 1981 | 32.73 million current LCU | +10.1% |
| 1982 | 36.03 million current LCU | +10.1% |
| 1983 | 39.66 million current LCU | +10.1% |
| 1984 | 44.81 million current LCU | +13.0% |
| 1985 | 51.03 million current LCU | +13.9% |
| 1986 | 58.11 million current LCU | +13.9% |
| 1987 | 66.17 million current LCU | +13.9% |
| 1988 | 75.35 million current LCU | +13.9% |
| 1989 | 85.80 million current LCU | +13.9% |
| 1990 | 97.70 million current LCU | +13.9% |
| 1991 | 106.56 million current LCU | +9.1% |
| 1992 | 104.77 million current LCU | -1.7% |
| 1993 | 96.46 million current LCU | -7.9% |
| 1994 | 106.14 million current LCU | +10.0% |
| 1995 | 121.02 million current LCU | +14.0% |
| 1996 | 137.50 million current LCU | +13.6% |
| 1997 | 143.86 million current LCU | +4.6% |
| 1998 | 149.08 million current LCU | +3.6% |
| 1999 | 144.21 million current LCU | -3.3% |
| 2000 | 149.54 million current LCU | +3.7% |
| 2001 | 159.45 million current LCU | +6.6% |
| 2002 | 162.67 million current LCU | +2.0% |
| 2003 | 154.56 million current LCU | -5.0% |
| 2004 | 166.39 million current LCU | +7.7% |
| 2005 | 191.05 million current LCU | +14.8% |
| 2006 | 193.68 million current LCU | +1.4% |
| 2007 | 200.90 million current LCU | +3.7% |
| 2008 | 201.17 million current LCU | +0.1% |
| 2009 | 190.00 million current LCU | -5.6% |
| 2010 | 188.17 million current LCU | -1.0% |
| 2011 | 198.87 million current LCU | +5.7% |
| 2012 | 215.76 million current LCU | +8.5% |
| 2013 | 225.35 million current LCU | +4.4% |
| 2014 | 243.16 million current LCU | +7.9% |
| 2015 | 278.82 million current LCU | +14.7% |
| 2016 | 298.32 million current LCU | +7.0% |
| 2017 | 285.60 million current LCU | -4.3% |
| 2018 | 288.55 million current LCU | +1.0% |
| 2019 | 281.94 million current LCU | -2.3% |
| 2020 | 258.99 million current LCU | -8.1% |
| 2021 | 235.75 million current LCU | -9.0% |
| 2022 | 255.59 million current LCU | +8.4% |
| 2023 | 281.85 million current LCU | +10.3% |
Palau compared with similar countries
- Palau's 281.85 million current LCU is below the median for high income countries, which is 220.22 billion current LCU, 0% of the median. (82 countries reporting)
- Palau's 281.85 million current LCU is below the median for East Asia & Pacific, which is 416.65 billion current LCU, 0% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 18.31 million current LCU | 11.56 million current LCU | 27.00 million current LCU | 10 |
| 1980s | 51.94 million current LCU | 29.73 million current LCU | 85.80 million current LCU | 10 |
| 1990s | 120.73 million current LCU | 96.46 million current LCU | 149.08 million current LCU | 10 |
| 2000s | 176.94 million current LCU | 149.54 million current LCU | 201.17 million current LCU | 10 |
| 2010s | 250.45 million current LCU | 188.17 million current LCU | 298.32 million current LCU | 10 |
| 2020s | 258.05 million current LCU | 235.75 million current LCU | 281.85 million current LCU | 4 |
Countries ranked near Palau
- 205 American Samoa 871.00 million current LCU compare
- 206 Micronesia (country) 471.43 million current LCU compare
- 207 Kiribati 466.52 million current LCU compare
- 209 Marshall Islands 280.36 million current LCU compare
- 210 Nauru 244.59 million current LCU compare
- 211 Tuvalu 93.74 million current LCU 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)
- Population growth rate -0.611 (2100)
- Population density 24.23 (2100)
- Projected population under age 5 539 (2100)
Frequently asked questions
- What is gdp in Palau?
- Gdp in Palau was 281.85 million current LCU in 2023, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Palau?
- The highest recorded value was 298.32 million current LCU in 2016.
- What is the lowest gdp recorded in Palau?
- The lowest recorded value was 11.56 million current LCU in 1970.
- How does Palau rank for gdp?
- Palau ranks 208th out of 211 countries with data for 2023.
- Is gdp rising or falling in Palau?
- Over the last ten years it is up 25.1%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release