Price level ratio of PPP conversion factor (GDP) to market exchange in Palau

Palau: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.9069 in 2023. ▲ Rising

Latest (2023)
0.9069
Change on year
up 4.5%
World rank
17th
of 202 countries
All-time high
0.9445
in 2016
All-time low
0.6667
in 1990
Years of data
34
1990–2023

Price level ratio of PPP conversion factor (GDP) to market exchange in Palau, 1990–2023

00.20.40.60.811990200620231990: 0.6671991: 0.671992: 0.6891993: 0.7061994: 0.7091995: 0.7141996: 0.7221997: 0.7251998: 0.7291999: 0.7352000: 0.7652001: 0.7492002: 0.7172003: 0.692004: 0.6962005: 0.7492006: 0.7382007: 0.7322008: 0.7612009: 0.772010: 0.7612011: 0.7492012: 0.7882013: 0.8352014: 0.8452015: 0.8872016: 0.9452017: 0.9182018: 0.9062019: 0.8692020: 0.8382021: 0.8462022: 0.8682023: 0.907

Source: UNESCO Institute for Statistics.

Analysis

Palau recorded 0.9069 for price level ratio of ppp conversion factor (gdp) to market exchange in 2023.

The figure is up 4.5% on the previous year and up 8.6% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Palau peaked at 0.9445 in 2016 and was at its lowest, 0.6667, in 1990.

Palau ranks 17th of 202 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 34 years of available data.

Price level ratio of PPP conversion factor (GDP) to market exchange in Palau, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Palau, 1990 to 2023.
Year Value Change
1990 0.6667
1991 0.6704 +0.6%
1992 0.6886 +2.7%
1993 0.7061 +2.5%
1994 0.709 +0.4%
1995 0.7139 +0.7%
1996 0.7215 +1.1%
1997 0.7255 +0.5%
1998 0.7288 +0.5%
1999 0.7349 +0.8%
2000 0.7651 +4.1%
2001 0.7491 -2.1%
2002 0.7166 -4.3%
2003 0.6899 -3.7%
2004 0.6959 +0.9%
2005 0.7491 +7.7%
2006 0.7377 -1.5%
2007 0.7321 -0.7%
2008 0.7611 +4.0%
2009 0.7703 +1.2%
2010 0.7606 -1.3%
2011 0.7492 -1.5%
2012 0.7881 +5.2%
2013 0.8347 +5.9%
2014 0.8449 +1.2%
2015 0.8872 +5.0%
2016 0.9445 +6.5%
2017 0.9182 -2.8%
2018 0.9059 -1.3%
2019 0.8691 -4.1%
2020 0.8382 -3.6%
2021 0.8464 +1.0%
2022 0.868 +2.6%
2023 0.9069 +4.5%

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.7065 0.6667 0.7349 10
2000s 0.7367 0.6899 0.7703 10
2010s 0.8503 0.7492 0.9445 10
2020s 0.8649 0.8382 0.9069 4

Countries ranked near Palau

  1. 14 Faroe Islands 0.9182 compare
  2. 15 Luxembourg 0.9121 compare
  3. 16 Marshall Islands 0.9108 compare
  4. 18 Australia 0.9047 compare
  5. 19 Denmark 0.9036 compare
  6. 20 United States Virgin Islands 0.8901 compare

See the full ranking of 202 places →

More population data for Palau

All data for Palau →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Palau?
Price level ratio of ppp conversion factor (gdp) to market exchange in Palau was 0.9069 in 2023, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Palau?
The highest recorded value was 0.9445 in 2016.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Palau?
The lowest recorded value was 0.6667 in 1990.
How does Palau rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Palau ranks 17th out of 202 countries with data for 2023.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Palau?
Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
Where does this Palau data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Palau. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 02 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/palau/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release