Palau: GDP, current U.S. dollars

* indicates monthly or quarterly data series

Gross Domestic Product, billions of U.S. dollars

 Latest value 0.23
 Year 2021
 Measure billion U.S. dollars
 Data availability 2000 - 2021
 Average 0.22
 Min - Max 0.15 - 0.30
 Source The World Bank
For that indicator, we provide data for Palau from 2000 to 2021. The average value for Palau during that period was 0.22 billion U.S. dollars with a minimum of 0.15 billion U.S. dollars in 2000 and a maximum of 0.3 billion U.S. dollars in 2016. The latest value from 2021 is 0.23 billion U.S. dollars. For comparison, the world average in 2021 based on 191 countries is 501.59 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Palau - GDP, current U.S. dollars - Recent values chart

Historical chart
Palau - GDP, current U.S. dollars - historical chart - 2000-2021

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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 Related indicators Latest value Reference Measure
 Economic growth -13.72 2021 percent
 GDP, constant dollars 0.2 2021 billion U.S. dollars
 GDP, current U.S. dollars 0.23 2021 billion U.S. dollars
 GDP per capita, current dollars 12,921.83 2021 U.S. dollars
 GDP per capita, PPP 14,113 2021 U.S. dollars
 GDP per capita, constant dollars 12,086.98 2021 U.S. dollars
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