Palau - GDP

GDP (current US$)

The latest value for GDP (current US$) in Palau was $257,700,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between $298,300,000 in 2016 and $146,297,500 in 2000.

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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 $146,297,500
2001 $156,907,900
2002 $163,184,900
2003 $153,963,200
2004 $165,186,200
2005 $190,452,900
2006 $192,382,400
2007 $198,897,700
2008 $198,283,900
2009 $187,522,800
2010 $185,943,000
2011 $196,911,100
2012 $212,397,800
2013 $221,117,200
2014 $241,669,800
2015 $280,457,700
2016 $298,300,000
2017 $285,300,000
2018 $284,700,000
2019 $274,200,000
2020 $257,700,000

GDP (current LCU)

The value for GDP (current LCU) in Palau was 257,700,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 298,300,000 in 2016 and a minimum value of 146,297,500 in 2000.

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 local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 146,297,500
2001 156,907,900
2002 163,184,900
2003 153,963,200
2004 165,186,200
2005 190,452,900
2006 192,382,400
2007 198,897,700
2008 198,283,900
2009 187,522,800
2010 185,943,000
2011 196,911,100
2012 212,397,800
2013 221,117,200
2014 241,669,800
2015 280,457,700
2016 298,300,000
2017 285,300,000
2018 284,700,000
2019 274,200,000
2020 257,700,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Palau was 257,700,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 298,300,000 in 2016 and 147,901,300 in 2000.

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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
2000 147,901,300
2001 158,628,000
2002 164,973,800
2003 155,651,000
2004 166,997,000
2005 192,540,700
2006 194,491,400
2007 201,078,100
2008 200,457,600
2009 189,578,500
2010 187,981,400
2011 199,069,700
2012 214,726,200
2013 223,541,200
2014 244,319,100
2015 283,532,200
2016 298,300,000
2017 285,300,000
2018 284,700,000
2019 274,200,000
2020 257,700,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Palau was 239,735,300 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 280,457,700 in 2015 and 224,719,300 in 2000.

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 constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 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.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 224,719,300
2001 239,191,500
2002 247,753,100
2003 239,668,000
2004 251,306,300
2005 261,257,700
2006 260,197,900
2007 265,456,900
2008 250,108,400
2009 233,625,100
2010 234,129,900
2011 249,778,400
2012 253,956,200
2013 245,353,900
2014 260,796,100
2015 280,457,700
2016 280,223,900
2017 271,022,000
2018 270,731,400
2019 265,597,600
2020 239,735,300

GDP (constant LCU)

The value for GDP (constant LCU) in Palau was 247,500,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 289,541,400 in 2015 and a minimum value of 231,997,700 in 2000.

Definition: GDP 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 constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 231,997,700
2001 246,938,600
2002 255,777,500
2003 247,430,500
2004 259,445,800
2005 269,719,500
2006 268,625,400
2007 274,054,700
2008 258,209,100
2009 241,191,900
2010 241,713,100
2011 257,868,400
2012 262,181,500
2013 253,300,600
2014 269,242,900
2015 289,541,400
2016 289,300,000
2017 279,800,000
2018 279,500,000
2019 274,200,000
2020 247,500,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Palau was 295,297,400 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 323,727,000 in 2018 and 190,216,100 in 2000.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP 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 international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
2000 190,216,100
2001 206,907,200
2002 217,703,100
2003 214,509,700
2004 230,981,800
2005 247,608,200
2006 254,066,500
2007 266,164,500
2008 255,653,000
2009 240,624,800
2010 243,954,700
2011 265,696,400
2012 275,321,300
2013 270,663,300
2014 293,020,400
2015 318,112,900
2016 321,182,800
2017 316,475,900
2018 323,727,000
2019 323,257,800
2020 295,297,400

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Palau was 279,942,100 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 327,494,200 in 2015 and 262,407,700 in 2000.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP 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 constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2000 262,407,700
2001 279,307,100
2002 289,304,600
2003 279,863,500
2004 293,453,700
2005 305,074,100
2006 303,836,600
2007 309,977,600
2008 292,054,900
2009 272,807,100
2010 273,396,600
2011 291,669,600
2012 296,548,000
2013 286,503,000
2014 304,535,100
2015 327,494,200
2016 327,221,200
2017 316,475,900
2018 316,136,600
2019 310,141,900
2020 279,942,100

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts