GDP growth (annual %) (UNESCO Institute) in Palau
Palau: GDP growth (annual %) (UNESCO Institute) was 1.9% in 2023. ◆ Volatile
GDP growth in Palau, 1971–2023
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
Palau recorded 1.9% for gdp growth in 2023.
The figure is up 242.4% on the previous year and up 161.8% over ten years.
Over the whole period, gdp growth in Palau peaked at 10.9% in 1995 and was at its lowest, -13.8%, in 2021.
Palau ranks 148th of 212 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 growth (annual %) (UNESCO Institute) in Palau, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 0.1% | — |
| 1972 | 0.3% | +170.1% |
| 1973 | 0.2% | -40.8% |
| 1974 | 0.1% | -47.8% |
| 1975 | 0.0% | -76.1% |
| 1976 | -0.0% | -264.3% |
| 1977 | 1.4% | -3544.4% |
| 1978 | -0.5% | -134.2% |
| 1979 | -0.4% | -23.4% |
| 1980 | -0.4% | -0.0% |
| 1981 | -0.4% | +0.0% |
| 1982 | -0.4% | -0.0% |
| 1983 | 1.9% | -616.4% |
| 1984 | 4.6% | +139.2% |
| 1985 | 5.4% | +17.6% |
| 1986 | 5.4% | +0.0% |
| 1987 | 5.4% | +0.0% |
| 1988 | 5.4% | +0.0% |
| 1989 | 5.4% | +0.0% |
| 1990 | 5.4% | +0.0% |
| 1991 | 4.9% | -9.8% |
| 1992 | -6.4% | -230.5% |
| 1993 | -12.3% | +92.2% |
| 1994 | 7.3% | -159.3% |
| 1995 | 10.9% | +49.3% |
| 1996 | 10.4% | -4.6% |
| 1997 | 2.3% | -77.9% |
| 1998 | 2.0% | -13.0% |
| 1999 | -5.4% | -370.0% |
| 2000 | -2.6% | -51.8% |
| 2001 | 6.5% | -349.6% |
| 2002 | 5.0% | -22.8% |
| 2003 | -3.2% | -164.3% |
| 2004 | 3.9% | -222.2% |
| 2005 | 3.4% | -13.3% |
| 2006 | -0.1% | -103.6% |
| 2007 | 1.8% | -1517.7% |
| 2008 | -5.5% | -413.2% |
| 2009 | -7.3% | +32.2% |
| 2010 | -0.9% | -87.7% |
| 2011 | 5.1% | -671.3% |
| 2012 | 1.3% | -75.5% |
| 2013 | -3.0% | -342.2% |
| 2014 | 4.8% | -257.1% |
| 2015 | 8.2% | +71.9% |
| 2016 | -0.4% | -105.4% |
| 2017 | -3.3% | +640.9% |
| 2018 | 0.1% | -103.4% |
| 2019 | 0.2% | +81.8% |
| 2020 | -6.0% | -3099.4% |
| 2021 | -13.8% | +129.9% |
| 2022 | -1.3% | -90.4% |
| 2023 | 1.9% | -242.4% |
Palau compared with similar countries
- Palau's 1.9% is below the median for high income countries, which is 2.3%, 83% of the median. (83 countries reporting)
- Palau's 1.9% is below the median for East Asia & Pacific, which is 3.8%, 49% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 | +3544.4% | -0.0% | 1.4% |
| 2020 | -3099.4% | 0.2% | -6.0% |
| 2007 | +1517.7% | -0.1% | 1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | -0.5% | 1.4% | 9 |
| 1980s | 3.3% | -0.4% | 5.4% | 10 |
| 1990s | 1.9% | -12.3% | 10.9% | 10 |
| 2000s | 0.2% | -7.3% | 6.5% | 10 |
| 2010s | 1.2% | -3.3% | 8.2% | 10 |
| 2020s | -4.8% | -13.8% | 1.9% | 4 |
Countries ranked near Palau
- 145 Zimbabwe 2.0% compare
- 146 South Korea 2.0% compare
- 147 Portugal 1.9% compare
- 149 Mozambique 1.9% compare
- 150 Malawi 1.8% compare
- 151 Saudi Arabia 1.8% 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 growth in Palau?
- Gdp growth in Palau was 1.9% in 2023, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Palau?
- The highest recorded value was 10.9% in 1995.
- What is the lowest gdp growth recorded in Palau?
- The lowest recorded value was -13.8% in 2021.
- How does Palau rank for gdp growth?
- Palau ranks 148th out of 212 countries with data for 2023.
- Is gdp growth 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 UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release