Flag of pw

Palau GDP

Palau's GDP rose to $281.85 million in 2023, up from $255.59 million in 2022, according to World Bank. This represents an increase of 10.3% ($26.26 million) from the previous year. Palau has the 4th lowest GDP. Other bottom countries are Tuvalu, Nauru, Marshall Islands and Kiribati.

Palau's GDP per capita rose to $12,379.79 in 2023, up from $12,129.8 in 2022.

Yearly Historical Data (1970-2023)

(in Million USD)
Year GDP (Million USD)
2023 281.85
2022 255.59
2021 235.75
2020 258.99
2019 281.94
2018 288.55
2017 285.6
2016 298.32
2015 278.82
2014 243.16
2013 225.35
2012 215.76
2011 198.87
2010 188.17
2009 190
2008 201.17
2007 200.9
2006 193.68
2005 191.05
2004 166.39
2003 154.56
2002 162.67
2001 159.45
2000 149.54
1999 144.21
1998 149.08
1997 143.86
1996 137.49
1995 121.02
1994 106.14
1993 96.46
1992 104.77
1991 106.56
1990 97.7
1989 85.8
1988 75.35
1987 66.17
1986 58.11
1985 51.03
1984 44.81
1983 39.66
1982 36.03
1981 32.73
1980 29.73
1979 27
1978 24.53
1977 22.31
1976 20.36
1975 18.52
1974 16.85
1973 15.33
1972 13.96
1971 12.71
1970 11.56
Palau GDP : Definition
GDP measures the total value of all goods and services produced in Palau, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 1.88% -1.32% 2023
GDP per Capita $12,379.79 $12,129.8 2023
GDP per Capita PPP $15,796.54 $15,477.55 2023
Real GDP $219.46M $215.41M 2023