GDP Growth Rate
Year -
0.45%
In 2023, Palau experienced a significant an increase in its GDP growth rate, which rise to 0.45% from -0.36% in 2022. Additionally, the GDP per capita growth rate in Palau increase to 0.43% in 2023, compared to -0.53% in 2022.
In 2023, Palau experienced a increase in economic performance, with the GDP growth rate rising by 0.81%. Additionally, the GDP per capita growth rate increase by 0.96%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | 0.13 | - | -3.06 | - |
| 1972 | 0.34% | 0.21% | -3.22% | -0.16% |
| 1973 | 0.2% | -0.14% | -2.75% | 0.47% |
| 1974 | 0.11% | -0.09% | -0.85% | 1.90% |
| 1975 | 0.03% | -0.08% | 0.46% | 1.31% |
| 1976 | -0.04% | -0.07% | 0.5% | 0.04% |
| 1977 | 1.43% | 1.47% | 2.05% | 1.55% |
| 1978 | -0.49% | -1.92% | 0.12% | -1.93% |
| 1979 | -0.37% | 0.12% | 0.33% | 0.21% |
| 1980 | -0.37% | 0.00% | 0.02% | -0.31% |
| 1981 | -0.37% | 0.00% | -1.45% | -1.47% |
| 1982 | -0.37% | 0.00% | -2.58% | -1.13% |
| 1983 | 1.93% | 2.30% | -0.48% | 2.10% |
| 1984 | 4.62% | 2.69% | 2.06% | 2.54% |
| 1985 | 5.44% | 0.82% | 2.77% | 0.71% |
| 1986 | 5.44% | 0.00% | 2.87% | 0.10% |
| 1987 | 5.44% | 0.00% | 3.05% | 0.18% |
| 1988 | 5.44% | 0.00% | 3.11% | 0.06% |
| 1989 | 5.44% | 0.00% | 3.15% | 0.04% |
| 1990 | 5.44% | 0.00% | 3.12% | -0.03% |
| 1991 | 4.91% | -0.53% | 2.58% | -0.54% |
| 1992 | -6.4% | -11.31% | -8.53% | -11.11% |
| 1993 | -12.3% | -5.90% | -14.31% | -5.78% |
| 1994 | 7.3% | 19.60% | 4.8% | 19.11% |
| 1995 | 10.9% | 3.60% | 8.07% | 3.27% |
| 1996 | 10.4% | -0.50% | 7.14% | -0.93% |
| 1997 | 2.3% | -8.10% | -0.86% | -8.00% |
| 1998 | 2% | -0.30% | -1% | -0.14% |
| 1999 | -5.4% | -7.40% | -7.98% | -6.98% |
| 2000 | -2.6% | 2.80% | -4.31% | 3.67% |
| 2001 | 6.5% | 9.10% | 5.95% | 10.26% |
| 2002 | 5.02% | -1.48% | 4.89% | -1.06% |
| 2003 | -3.22% | -8.24% | -3.36% | -8.25% |
| 2004 | 3.94% | 7.16% | 3.8% | 7.16% |
| 2005 | 3.41% | -0.53% | 3.81% | 0.01% |
| 2006 | -0.12% | -3.53% | 0.96% | -2.85% |
| 2007 | 1.75% | 1.87% | 3.08% | 2.12% |
| 2008 | -5.49% | -7.24% | -4.19% | -7.27% |
| 2009 | -7.26% | -1.77% | -5.9% | -1.71% |
| 2010 | -0.9% | 6.36% | 0.63% | 6.53% |
| 2011 | 5.12% | 6.02% | 6.85% | 6.22% |
| 2012 | 1.25% | -3.87% | 2.91% | -3.94% |
| 2013 | -3.04% | -4.29% | -2.27% | -5.18% |
| 2014 | 5.29% | 8.33% | 5.35% | 7.62% |
| 2015 | 9.75% | 4.46% | 9.76% | 4.41% |
| 2016 | 0.88% | -8.87% | 0.76% | -9.00% |
| 2017 | -3.54% | -4.42% | -3.65% | -4.41% |
| 2018 | 0.63% | 4.17% | 0.48% | 4.13% |
| 2019 | 0.91% | 0.28% | 0.62% | 0.14% |
| 2020 | -7.57% | -8.48% | -7.86% | -8.48% |
| 2021 | -14.16% | -6.59% | -14.41% | -6.55% |
| 2022 | -0.36% | 13.80% | -0.53% | 13.88% |
| 2023 | 0.45% | 0.81% | 0.43% | 0.96% |