Palau 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$281.85 million
↑ 10.27% vs 2022GDP per Capita
$15,899.42
↑ 10.47% vs 2022GDP Growth (Annual %)
1.88%
↑ 3.20pp vs 2022Inflation Rate (CPI %)
12.82%
↑ 0.47pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $255.59 million | $281.85 million | +10.27% |
| GDP per Capita | $14,392.20 | $15,899.42 | +10.47% |
| GDP Growth (Annual %) | -1.32% | 1.88% | +3.20pp |
| Inflation (CPI %) | 12.35% | 12.82% | +0.47pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $281.85 million
- GDP per Capita
- $15,899.42
- GDP Growth (Annual %)
- 1.88%
- Gross National Income
- $266.05 million
Prices & Employment
- Inflation (CPI %)
- 12.82%
- Inflation (GDP Deflator %)
- 8.24%
- Unemployment Rate (%)
- N/A
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Palau's Gross Domestic Product (GDP) is $281.85 million. This represents the total value of goods and services produced in the country.
The GDP per capita in Palau for 2023 is $15,899.42. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Palau for 2023 is 12.82%. This measures the annual percentage change in the cost of consumer goods and services.
Palau's annual GDP growth rate for 2023 is 1.88%. This indicates the rate at which the country's economy is expanding or contracting.