pw Palau 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$277.25 million

↓ 1.63% vs 2023
GDP per Capita

$15,639.91

↓ 1.63% vs 2023
GDP Growth (Annual %)

-1.63%

↓ 3.51pp vs 2023
Inflation Rate (CPI %)

2.23%

↓ 10.59pp vs 2023

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $281.85 million $277.25 million -1.63%
GDP per Capita $15,899.42 $15,639.91 -1.63%
GDP Growth (Annual %) 1.88% -1.63% -3.51pp
Inflation (CPI %) 12.82% 2.23% -10.59pp

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$277.25 million
GDP per Capita
$15,639.91
GDP Growth (Annual %)
-1.63%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
2.23%
Inflation (GDP Deflator %)
N/A
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

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Frequently Asked Questions

As of 2024, Palau's Gross Domestic Product (GDP) is $277.25 million. This represents the total value of goods and services produced in the country.

The GDP per capita in Palau for 2024 is $15,639.91. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Palau for 2024 is 2.23%. This measures the annual percentage change in the cost of consumer goods and services.

Palau's annual GDP growth rate for 2024 is -1.63%. This indicates the rate at which the country's economy is expanding or contracting.