GDP Growth Rate
Year -
1.88%
In 2023, Palau experienced a significant an increase in its GDP growth rate, which rise to 1.88% from -1.32% in 2022. Additionally, the GDP per capita growth rate in Palau increase to 2.06% in 2023, compared to -1.19% in 2022.
In 2023, Palau experienced a increase in economic performance, with the GDP growth rate rising by 3.2%. Additionally, the GDP per capita growth rate increase by 3.25%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | 0.13 | - | -3.2 | - |
| 1972 | 0.34% | 0.21% | -3.24% | -0.04% |
| 1973 | 0.2% | -0.14% | -2.66% | 0.58% |
| 1974 | 0.11% | -0.09% | -0.96% | 1.70% |
| 1975 | 0.03% | -0.08% | 0.28% | 1.24% |
| 1976 | -0.04% | -0.07% | 0.41% | 0.13% |
| 1977 | 1.43% | 1.47% | 2.02% | 1.61% |
| 1978 | -0.49% | -1.92% | 0.19% | -1.83% |
| 1979 | -0.37% | 0.12% | 0.46% | 0.27% |
| 1980 | -0.37% | 0.00% | 0.16% | -0.30% |
| 1981 | -0.37% | 0.00% | -1.43% | -1.59% |
| 1982 | -0.37% | 0.00% | -2.67% | -1.24% |
| 1983 | 1.93% | 2.30% | -0.51% | 2.16% |
| 1984 | 4.62% | 2.69% | 2.03% | 2.54% |
| 1985 | 5.44% | 0.82% | 2.73% | 0.70% |
| 1986 | 5.44% | 0.00% | 2.91% | 0.18% |
| 1987 | 5.44% | 0.00% | 3.16% | 0.25% |
| 1988 | 5.44% | 0.00% | 3.2% | 0.04% |
| 1989 | 5.44% | 0.00% | 3.32% | 0.12% |
| 1990 | 5.44% | 0.00% | 3.27% | -0.05% |
| 1991 | 4.91% | -0.53% | 2.52% | -0.75% |
| 1992 | -6.4% | -11.31% | -8.6% | -11.12% |
| 1993 | -12.3% | -5.90% | -14.35% | -5.75% |
| 1994 | 7.3% | 19.60% | 4.75% | 19.10% |
| 1995 | 10.9% | 3.60% | 8.16% | 3.41% |
| 1996 | 10.4% | -0.50% | 7.53% | -0.63% |
| 1997 | 2.3% | -8.10% | -0.26% | -7.79% |
| 1998 | 2% | -0.30% | -0.29% | -0.03% |
| 1999 | -5.4% | -7.40% | -7.29% | -7.00% |
| 2000 | -2.6% | 2.80% | -4.01% | 3.28% |
| 2001 | 6.5% | 9.10% | 5.54% | 9.55% |
| 2002 | 5.02% | -1.48% | 4.2% | -1.34% |
| 2003 | -3.22% | -8.24% | -3.99% | -8.19% |
| 2004 | 3.94% | 7.16% | 3.09% | 7.08% |
| 2005 | 3.41% | -0.53% | 3.42% | 0.33% |
| 2006 | -0.12% | -3.53% | 1.03% | -2.39% |
| 2007 | 1.75% | 1.87% | 3.29% | 2.26% |
| 2008 | -5.49% | -7.24% | -4.04% | -7.33% |
| 2009 | -7.26% | -1.77% | -5.77% | -1.73% |
| 2010 | -0.9% | 6.36% | 0.79% | 6.56% |
| 2011 | 5.12% | 6.02% | 6.97% | 6.18% |
| 2012 | 1.25% | -3.87% | 3.04% | -3.93% |
| 2013 | -3.04% | -4.29% | -2.39% | -5.43% |
| 2014 | 4.77% | 7.81% | 4.37% | 6.76% |
| 2015 | 8.2% | 3.43% | 7.87% | 3.50% |
| 2016 | -0.44% | -8.64% | -0.59% | -8.46% |
| 2017 | -3.26% | -2.82% | -3.34% | -2.75% |
| 2018 | 0.11% | 3.37% | 0.1% | 3.44% |
| 2019 | 0.2% | 0.09% | 0.29% | 0.19% |
| 2020 | -6% | -6.20% | -5.97% | -6.26% |
| 2021 | -13.79% | -7.79% | -13.75% | -7.78% |
| 2022 | -1.32% | 12.47% | -1.19% | 12.56% |
| 2023 | 1.88% | 3.20% | 2.06% | 3.25% |
| 2024 | - | - | - | - |