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East Asia & Pacific · High income

Palau: the economy in numbers

Per person: $19,532, or $23,052 at purchasing power parity. Population: 17,663 (2025).

$345M+6.3%real GDP growth, 2025

GDP in 2025, current US dollars: #201 of 204 economies. IMF forecast for 2026: +4.3%.

GDP per capita
$19,532
2025 · #74 of 204
GDP per capita, PPP
$23,052
2025 · #93 of 197
Inflation
−0.4%
2025 · IMF forecast 2026: 1.7%
Government debt
52.8%
2025 · % of GDP, general government
Population
17.7K
2025 · #215 of 217
Life expectancy
69.4 years
2024

GDP

Adjusted for US inflation, in 2025 dollars: $96 million in 1970, $345 million in 2025.

Current US dollars; “In 2025 dollars” removes US inflationSource: World Bank, World Development Indicators (CC BY 4.0)

GDP per capita

In 2025 dollars: $8,442 per person in 1970, $19,532 in 2025.

GDP per capitaGDP per capita, PPP (international $)
PPP: purchasing power parity, international dollarsSource: World Bank, World Development Indicators (CC BY 4.0)

Real GDP growth

Average over 2016–2025: −0.3% a year. Years of falling GDP since 1971: 20 of 55.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Inflation

Consumer prices rose 2.17 times from 2001 to 2025. Highest annual inflation: 12.8% in 2023.

Shaded: IMF forecasts from 2026Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)

Government debt, % of GDP

Highest since 2000: 73.5% of GDP in 2021. IMF forecast for 2031: 41.0%.

General government (IMF)Central government only (World Bank)
Shaded: IMF forecasts from 2026Source: International Monetary Fund, World Economic Outlook (October 2026)
Source: World Bank, World Development Indicators (CC BY 4.0)

Population

1960: 9,328 · 2025: 17,663.

Source: World Bank, World Development Indicators (CC BY 4.0)

Life expectancy at birth

1960: 54.9 years · 2024: 69.4 years.

Source: World Bank, World Development Indicators (CC BY 4.0)

Exports of goods and services

2005: 44.0% · 2024: 32.7%.

% of GDPSource: World Bank, World Development Indicators (CC BY 4.0)

Data by year

Show the year-by-year table
YearGDPGDP per capitaPer capita, PPPReal growthInflationGov. debt, % GDPPopulationLife expectancyExports, % GDP
20312.1%f2.0%f41.0%f
20302.1%f2.1%f45.8%f
20292.2%f2.2%f50.6%f
20282.4%f2.5%f53.5%f
20272.7%f3.7%f55.5%f
20264.3%f1.7%f53.8%f
2025$345M$19,532$23,0526.3%−0.4%52.8%17.7K
2024$322M$18,169$21,05912.0%2.2%60.1%17.7K69.432.7%
2023$276M$15,578$18,3131.2%12.8%71.2%17.7K69.326.1%
2022$247M$13,935$17,415−0.5%12.4%70.1%17.8K68.915.4%
2021$236M$13,267$16,312−11.9%2.6%73.5%17.8K68.66.6%
2020$259M$14,556$17,702−6.0%0.2%55.5%17.8K68.723.3%
2019$282M$15,842$18,5770.3%0.3%33.7%17.8K69.038.3%
2018$288M$16,180$18,204−0.4%2.1%33.5%17.8K69.042.8%
2017$290M$16,280$17,873−3.4%1.4%35.3%17.8K69.045.6%
2016$303M$17,044$18,1961.7%−1.0%35.1%17.8K69.048.2%
2015$283M$15,938$17,7568.6%0.9%28.9%17.8K69.153.6%
2014$245M$13,855$16,2544.2%4.2%35.9%17.7K69.155.3%
2013$226M$12,821$15,388−1.4%3.4%25.8%17.6K69.054.5%
2012$215M$12,098$15,2442.1%3.6%15.6%17.8K68.955.8%
2011$195M$10,796$14,4094.5%4.7%26.5%18.1K68.652.3%
2010$184M$10,018$13,270−3.0%1.4%29.5%18.4K68.346.4%
2009$184M$9,837$13,294−6.2%1.4%31.3%18.7K68.043.1%
2008$199M$10,471$13,863−5.6%12.0%30.9%19K67.646.7%
2007$196M$10,155$14,1820.7%3.2%31.2%19.3K67.143.6%
2006$191M$9,737$13,5100.2%4.4%29.8%19.6K66.646.1%
2005$186M$9,368$12,9272.9%4.0%31.6%19.8K66.244.0%
2004$166M$8,394$12,1823.5%5.0%30.8%19.8K65.8
2003$155M$7,862$11,559−2.1%0.9%34.4%19.7K65.4
2002$163M$8,340$11,6744.7%−1.3%33.5%19.5K65.1
2001$159M$8,239$11,0637.3%−0.3%34.6%19.4K64.8
2000$150M$7,798$10,171−2.6%36.9%19.2K64.5
1999$144M$7,630$10,361−5.4%18.9K64.2
1998$149M$8,048$11,0192.0%18.5K64.0
1997$144M$7,945$10,9292.3%18.1K63.7
1996$137M$7,788$10,77210.4%17.7K63.5
1995$121M$7,038$9,83710.9%17.2K63.3
1994$106M$6,329$8,9097.3%16.8K63.1
1993$96.5M$5,892$8,327−12.3%16.4K63.0
1992$105M$6,553$9,497−6.4%16K62.9
1991$107M$6,824$10,1584.9%15.6K62.8
1990$97.7M$6,403$9,5845.4%15.3K62.8
1989$85.8M$5,7415.4%14.9K62.8
1988$75.3M$5,1455.4%14.6K62.8
1987$66.2M$4,6165.4%14.3K62.8
1986$58.1M$4,1445.4%14K62.8
1985$51M$3,7285.4%13.7K62.7
1984$44.8M$3,3604.6%13.3K62.6
1983$39.7M$3,0491.9%13K62.5
1982$36M$2,838−0.4%12.7K62.3
1981$32.7M$2,639−0.4%12.4K62.1
1980$29.7M$2,423−0.4%12.3K61.9
1979$27M$2,189−0.4%12.3K61.6
1978$24.5M$1,972−0.5%12.4K61.3
1977$22.3M$1,7811.4%12.5K60.9
1976$20.4M$1,616−0.0%12.6K60.5
1975$18.5M$1,4640.0%12.7K60.0
1974$16.8M$1,3280.1%12.7K59.5
1973$15.3M$1,2210.2%12.6K59.0
1972$14M$1,1450.3%12.2K58.6
1971$12.7M$1,0810.1%11.8K58.1
1970$11.6M$1,01711.4K57.7
196911.2K57.3
196811.1K56.9
196711K56.5
196610.8K56.2
196510.5K55.9
196410.3K55.8
196310K55.6
19629.79K55.4
19619.55K55.1
19609.33K54.9

e: IMF estimate; f: IMF forecast. Inflation: IMF data for 2001, World Bank for the other years.

Nearby economies in East Asia & Pacific

Nearest by distance between capitals, with GDP per capita.

American Samoa · Australia · Brunei · Cambodia · China · Fiji · French Polynesia · Guam · Hong Kong · Indonesia · Japan · Kiribati · Laos · Macao · Malaysia · Marshall Islands · Micronesia · Mongolia · Myanmar · Nauru · New Caledonia · New Zealand · North Korea · Northern Mariana Islands · Palau · Papua New Guinea · Philippines · Samoa · Singapore · Solomon Islands · South Korea · Thailand · Timor-Leste · Tonga · Tuvalu · Vanuatu · Vietnam

Rankings

Data and methods

Source: World Bank, World Development Indicators (CC BY 4.0)
Source: International Monetary Fund, World Economic Outlook (October 2026)