Palau: GNI per capita (annual % growth)

Key figures

What the numbers say

In 2024, Palau's GNI per capita (annual % growth) rose 10.43 percentage points on 2023 (from 0.54% to 10.97%).

Across the 22 yearly changes before that (2002 to 2023), the average change was −0.26 percentage points and a typical year strayed about 4.87 percentage points from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 10.45 percentage points in 2022 and the biggest yearly fall was 8.7 percentage points 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 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

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 2nd highest value of the 48 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

• Tajikistan — 1st of 48: 41.53%
• Maldives — 3rd of 48: 10%
• Bhutan — 4th of 48: 9.69%
• Macao SAR, China — 5th of 48: 8.05%

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. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 24 values

GNI per capita (annual % growth) in nearby economies

• Australia — -0.51% (2025)
• Brunei Darussalam — -2.07% (2025)
• Cambodia — 4% (2025)
• Hong Kong SAR, China — 3.39% (2025)
• Indonesia — 4.19% (2025)
• Japan — 1.11% (2024)
• Kiribati — 1.75% (2024)
• Korea, Rep. — 2.31% (2025)
• Lao PDR — 11.86% (2016)
• Macao SAR, China — 8.05% (2024)
• Malaysia

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

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Questions people ask

What is Palau's GNI per capita (annual % growth)?

10.97% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2001?

It is up 4.64 percentage points from 6.33% in 2001. The highest value was 10.97% in 2024 and the lowest -12.52% in 2021.

How does Palau rank?

2nd highest of 48 economies with data for 2024.

Is the latest change in GNI per capita (annual % growth) unusual for Palau?

In 2024, Palau's GNI per capita (annual % growth) rose 10.43 percentage points on 2023 (from 0.54% to 10.97%). Across the 22 yearly changes before that (2002 to 2023), the average change was −0.26 percentage points and a typical year strayed about 4.87 percentage points from that (the standard deviation). This year's change was 2.2 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NY.GNP.PCAP.KD.ZG, 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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