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Indicators of economy in Palau

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2019 was at about 10.922 US Dollar per capita. In contrast, the GDP in Palau reached 14.833 US dollars per inhabitant, or 268.35 m US Dollar in the whole country. Palau is currently at number 203 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant, then Palau is in place 68.

Inflation in Palau was in 2017 at around 1.28%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices of daily necessities are approximately 2.86% higher.


Back to overview: Palau

Economic performance 2019

 Palau
Total
Palau
per capita
EU
Total
EU
per capita
GDP268.35 m USD14,832.79 USD15,192.65 tn USD29,499.72 USD
Gross national product296.94 m USD16,412.51 USD16,042.23 tn USD31,149.36 USD


Development of gross domestic product in million US Dollar 1990 - 2019



Im- and Exports 2017

 Palau
Total
Palau
per capita
EU
Total
EU
per capita
Imports206.82 m USD11,431.57 USD8,073.39 bn USD15,676.19 USD
Exports142.59 m USD7,881.38 USD8,622.21 bn USD16,741.84 USD


Development of imports and exports in million US dollars 2005 - 2017

Exports
Imports



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