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Palau

High income · Population 17,695.00 · GDP 276,733,062.74
HistorySaid – ranking

Palau ranks 4th globally by GDP ($277M in 2023). View →

HistorySaid – inflation

Inflation in Palau fell from 12.8% (2023) to 2.2% (2024) – a 10.6pp shift. View →

HistorySaid – population

Palau has a population of 17,695 as of 2024 (growth: -0.18%). View →

Economy & Growth
GDP $276.7M GDP per Capita $15,611 GDP Growth 2.22%
Indicator 2021 2022 2023 2025 2026 2027 2028 2029 2030
Agriculture Value Added 3.48% 3.35% 3.04% 3.06% Trend 3.00% Trend
GDP $231.3M $243.8M $276.7M $341.0M IMF WEO Oct 2025 $362.0M IMF WEO Oct 2025 $382.0M IMF WEO Oct 2025 $401.0M IMF WEO Oct 2025 $419.0M IMF WEO Oct 2025 $437.0M IMF WEO Oct 2025
GDP Deflator 1.92% 3.83% 11.04% 14.82% Trend 17.78% Trend
GDP Growth -13.26% 1.51% 2.22% 4.49% IMF WEO Oct 2025 3.27% IMF WEO Oct 2025 2.71% IMF WEO Oct 2025 2.64% IMF WEO Oct 2025 2.20% IMF WEO Oct 2025 2.19% IMF WEO Oct 2025
GDP PPP $280.6M $305.2M $323.2M $333.0M IMF WEO Oct 2025 $350.0M IMF WEO Oct 2025 $365.0M IMF WEO Oct 2025 $381.0M IMF WEO Oct 2025 $396.0M IMF WEO Oct 2025 $412.0M IMF WEO Oct 2025
GDP per Capita $13,009 $13,730 $15,611 $19,456 IMF WEO Oct 2025 $20,718 IMF WEO Oct 2025 $21,885 IMF WEO Oct 2025 $23,092 IMF WEO Oct 2025 $24,195 IMF WEO Oct 2025 $25,345 IMF WEO Oct 2025
GDP per Capita PPP $15,781 $17,185 $18,230 $18,958 IMF WEO Oct 2025 $19,991 IMF WEO Oct 2025 $20,936 IMF WEO Oct 2025 $21,926 IMF WEO Oct 2025 $22,878 IMF WEO Oct 2025 $23,910 IMF WEO Oct 2025
GNI $240.3M $247.1M $278.1M $252.9M Trend $250.4M Trend
GNI per Capita $13,770 $14,100 $14,780 $13,202 Trend $12,792 Trend
Gross Savings -4.70% -4.29% -12.70%
Industry Value Added 11.93% 12.40% 10.07% 10.63% Trend 10.38% Trend
Services Value Added 78.32% 77.00% 74.77% 75.55% Trend 75.32% Trend
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate 2.23% Consumer Price Index 161.44 PPP Conversion Factor 0.86
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Consumer Price Index 139.97 157.92 161.44 175.09 Trend 186.42 Trend 197.76 Trend
Inflation Rate 12.35% 12.82% 2.23% 1.83% IMF WEO Oct 2025 2.90% IMF WEO Oct 2025 2.66% IMF WEO Oct 2025 2.49% IMF WEO Oct 2025 2.28% IMF WEO Oct 2025 2.21% IMF WEO Oct 2025
PPP Conversion Factor 0.80 0.86 0.82 Trend 0.81 Trend
Italic values are IMF World Economic Outlook projections.
Population
Population 17,695 Population Growth -0.18% Population Density 38.5
Indicator 2023 2024 2025 2025 2026 2027 2028
Birth Rate 10.9 10.4 Trend 10.1 Trend
Death Rate 11.5 12.1 Trend 12.3 Trend
Dependency Ratio 41.62 42.01 42.44 Trend 42.85 Trend 43.25 Trend
Fertility Rate 1.91 1.87 Trend 1.85 Trend
Life Expectancy 69.3 69.2 Trend 69.3 Trend
Net Migration -19 -14 -16 -13 Trend -12 Trend -10 Trend
Population 17,727 17,695 17,676 Trend 17,651 Trend 17,626 Trend
Population Density 38.5 38.5 Trend 38.4 Trend
Population Growth -0.18% -0.18% -0.24% Trend -0.29% Trend -0.33% Trend
Refugee Population
Urban Population 79.15% 79.21% 79.23% Trend 79.26% Trend 79.29% Trend
Italic values are IMF World Economic Outlook projections.
Employment
Government
Tax Revenue 17.89% Government Spending 58.35%
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Budget Deficit -3.99% 0.73% 1.67% 1.47% IMF WEO Oct 2025 1.47% IMF WEO Oct 2025 1.61% IMF WEO Oct 2025 1.71% IMF WEO Oct 2025 1.80% IMF WEO Oct 2025 0.98% IMF WEO Oct 2025
Education Spending
Government Debt to GDP 68.93% 76.44% 66.26% 63.07% IMF WEO Oct 2025 59.03% IMF WEO Oct 2025 52.64% IMF WEO Oct 2025 46.84% IMF WEO Oct 2025 41.74% IMF WEO Oct 2025 36.78% IMF WEO Oct 2025
Government Revenue 56.76% 50.39% 53.94% 54.88% IMF WEO Oct 2025 53.10% IMF WEO Oct 2025 52.31% IMF WEO Oct 2025 51.93% IMF WEO Oct 2025 51.56% IMF WEO Oct 2025 50.94% IMF WEO Oct 2025
Government Spending
Health Spending 14.88% 10.85% 12.72% Trend 12.62% Trend
Military Spending
Tax Revenue
Italic values are IMF World Economic Outlook projections.
Debt
Indicator 2018 2019 2020
Debt Service
Domestic Credit
External Debt
External Debt to GNI
Interest Payments to Revenue 0.35% 0.48% 0.60%
Short-term Debt
Italic values are IMF World Economic Outlook projections.
Money
Currency
Exchange Rate 1.00
Indicator 2022 2023 2024 2025 2026 2027
Exchange Rate 1.00 1.00 1.00 1.00 Trend 1.00 Trend 1.00 Trend
Foreign Reserves
Real Effective Exchange Rate
Reserves in Months of Imports
Italic values are IMF World Economic Outlook projections.
Trade
Exports $63.6M Imports $207.2M Trade Balance $-149.8M
Indicator 2022 2023 2024 2025 2026 2027 2028 2029 2030
Current Account Balance -48.03% -48.51% -15.01% IMF WEO Oct 2025 -14.20% IMF WEO Oct 2025 -13.94% IMF WEO Oct 2025 -13.86% IMF WEO Oct 2025 -13.58% IMF WEO Oct 2025 -13.99% IMF WEO Oct 2025
Exports $36.6M $63.6M $12.5M Trend $1.7M Trend
FDI Inflows 30.50% 28.87% 36.89% Trend 40.80% Trend
FDI Outflows
Imports $219.9M $207.2M $201.8M Trend $201.1M Trend
Remittances Received $2.1M $2.2M $2.0M $2.0M Trend $2.0M Trend $1.9M Trend
Tourism Receipts
Trade Balance $-180.1M $-149.8M $-193.5M Trend $-204.6M Trend
Trade Openness 105.20% 106.70% 96.10% Trend 94.53% Trend
Italic values are IMF World Economic Outlook projections.
Financial Markets
Political Stability
Political Stability 1.08 Government Effectiveness 0.44 Regulatory Quality 0.40
Indicator 2021 2022 2023 2025 2026
Control of Corruption 0.60 0.60 0.59 0.63 Trend 0.64 Trend
Government Effectiveness 0.37 0.45 0.44 0.57 Trend 0.62 Trend
Political Stability 1.17 1.08 1.08 1.03 Trend 1.00 Trend
Regulatory Quality 0.53 0.44 0.40 0.38 Trend 0.36 Trend
Rule of Law 0.71 0.95 0.94 1.04 Trend 1.10 Trend
Voice and Accountability 1.05 1.07 1.09 1.08 Trend 1.09 Trend
Italic values are IMF World Economic Outlook projections.
Health
Health Expenditure per Capita $1,684 Infant Mortality Rate 19.1 Maternal Mortality Ratio 89.00
Indicator 2021 2022 2023 2025 2026
Health Expenditure per Capita $1,931 $2,078 $1,684 $1,772 Trend $1,737 Trend
Hospital Beds
Infant Mortality Rate 19.7 19.5 19.1 18.8 Trend 18.6 Trend
Maternal Mortality Ratio 109.00 121.00 89.00 109.60 Trend 111.00 Trend
Physicians 2.81 2.47 1.81 2.18 Trend 2.17 Trend
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 100.00% Tertiary Enrollment 41.13% Education Spending 3.53%
Indicator 2021 2022 2023 2025 2026
Education Spending 3.94% 3.58% 3.53% 2.95% Trend 2.75% Trend
Literacy Rate
Primary Enrollment 108.99% 92.01% 100.72% 95.87% Trend 94.24% Trend
Tertiary Enrollment 51.53% 41.13% 53.05% Trend 53.56% Trend
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 0.90%
Indicator 2021 2022 2023 2025 2026
CO2 Emissions
CO2 per Capita
Electricity Access 100.00% 100.00% 100.00% 100.00% Trend 100.00% Trend
Energy Use per Capita
Forest Area 90.20% 90.37% 90.54% 90.89% Trend 91.07% Trend
Renewable Energy 0.90% 0.90% 1.14% Trend
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 26.97% Mobile Subscriptions 135.39
Indicator 2021 2022 2023 2025 2026
High-tech Exports
Internet Users
Mobile Subscriptions 134.96 135.14 135.39 135.58 Trend 135.71 Trend
Patent Applications
R&D Spending
Italic values are IMF World Economic Outlook projections.
Inequality