Palau: GNI per capita (constant LCU)

Key figures

What the numbers say

In 2024, Palau's GNI per capita (constant LCU) rose 1,430 on 2023 (from 13,036 to 14,466).

Across the 23 yearly changes before that (2001 to 2023), the average change was +70.04 and a typical year strayed about 639.9 from that (the standard deviation). This year's change was 2.1 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 1,513 in 2015 and the biggest yearly fall was 1,894 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 374.9 a year. A straight line explains 70% 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 38th 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

• Panama — 34th of 48: 17,257
• Latvia — 35th of 48: 16,381
• Solomon Islands — 36th of 48: 14,587
• Belize — 38th of 48: 12,209
• Tonga — 39th of 48: 10,690
• Bahrain — 40th of 48: 9,180

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 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 25 values

GNI per capita (constant LCU) in nearby economies

• Australia — 94,632 (2025)
• Brunei Darussalam — 42,097 (2025)
• Cambodia — 9.14 million (2025)
• Hong Kong SAR, China — 468,333 (2025)
• Indonesia — 45.2 million (2025)
• Japan — 4.91 million (2024)
• Kiribati — 4,607 (2024)
• Korea, Rep. — 44.93 million (2025)
• Lao PDR — 15.88 million (2016)
• Macao SAR, China — 568,237 (2024)
• Malaysia — 46,921 (2025)

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 (constant LCU)?

14,466 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2000?

It is up 26.61% from 11,425 in 2000 (0.99% a year on average, compounded). The highest value was 16,446 in 2016 and the lowest 11,425 in 2000.

How does Palau rank?

38th highest of 48 economies with data for 2024.

Is the latest change in GNI per capita (constant LCU) unusual for Palau?

In 2024, Palau's GNI per capita (constant LCU) rose 1,430 on 2023 (from 13,036 to 14,466). Across the 23 yearly changes before that (2001 to 2023), the average change was +70.04 and a typical year strayed about 639.9 from that (the standard deviation). This year's change was 2.1 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.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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