Palau's GNI (constant LCU) was 250.65 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 2.92% from 243.53 million in 2014 (0.29% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 250.65 million | 2024 |
| Five years earlier | 279.98 million | 2019 |
| Ten years earlier | 243.53 million | 2014 |
| Highest | 292.85 million | 2016 |
| Lowest | 222.71 million | 2022 |
| Average since 2015 | 263.51 million | 2015–2024 |
| First recorded | 252.39 million |
What the numbers say
In 2024, Palau's GNI (constant LCU) rose 10.4% on 2023 (from 227.05 million to 250.65 million).
Across the 18 yearly changes before that (2006 to 2023), the average change was −0.4% and a typical year strayed about 6% from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 15.5% in 2015 and the biggest yearly fall was 11.3% in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about 6.91 million a year. A straight line explains 69% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Palau had the 48th highest value of the 47 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Palau in the 2024 ranking
- Tonga — 44th of 47: 1.11 billion
- Kiribati — 45th of 47: 619.78 million
- Marshall Islands — 46th of 47: 271.87 million
What this measures
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.
All 20 values
| Year | GNI (constant LCU) |
|---|---|
| 2024 | 250,647,685 |
| 2023 | 227,049,721 |
| 2022 | 222,714,200 |
| 2021 | 244,850,501 |
| 2020 | 276,150,055 |
| 2019 | 279,976,509 |
| 2018 | 275,274,696 |
| 2017 | 284,278,490 |
| 2016 | 292,854,060 |
| 2015 | 281,310,968 |
| 2014 |
GNI (constant LCU) in nearby economies
- Brunei Darussalam — 19.63 billion (2025)
- Cambodia — 163.09 trillion (2025)
- Indonesia — 12,915.6 trillion (2025)
- Japan — 608.28 trillion (2024)
- Kiribati — 619.78 million (2024)
- Korea, Rep. — 2,329.56 trillion (2025)
- Lao PDR — 109.74 trillion (2016)
- Macao SAR, China — 392.57 billion (2024)
- Malaysia — 1.72 trillion (2025)
- Marshall Islands — 271.87 million (2024)
- Mongolia — 43.35 trillion (2025)
- New Zealand
More economic policy & debt data for Palau
- GDP (current US$) — US$345 million (2025)
- GDP (current LCU) — 345 million (2025)
- GDP (constant 2015 US$) — US$275.84 million (2025)
- GDP (constant LCU) — 280 million (2025)
- GDP per capita (current US$) — US$19,532 (2025)
- GDP per capita (current LCU) — 19,532 (2025)
- GDP per capita (constant 2015 US$) — US$15,617 (2025)
- GDP per capita (constant LCU) — 15,852 (2025)
- GNI (current US$) — US$351.4 million (2025)
- GNI (current LCU) — 351.4 million (2025)
- GNI per capita (current LCU) — 19,895 (2025)
- GDP (annual % growth)
Reading data like this
Questions people ask
- What is Palau's GNI (constant LCU)?
- 250.65 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is down 0.69% from 252.39 million in 2005. The highest value was 292.85 million in 2016 and the lowest 222.71 million in 2022.
- How does Palau rank?
- 48th highest of 47 economies with data for 2024.
- Is the latest change in GNI (constant LCU) unusual for Palau?
- In 2024, Palau's GNI (constant LCU) rose 10.4% on 2023 (from 227.05 million to 250.65 million). Across the 18 yearly changes before that (2006 to 2023), the average change was −0.4% and a typical year strayed about 6% from that (the standard deviation). This year's change was 1.8 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.GNP.MKTP.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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