Palau's gross fixed capital formation (annual % growth) was 12.65% in 2024, the latest year in the World Bank's World Development Indicators. That is down 28.1 percentage points from 40.75% in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 12.65% | 2024 |
| Five years earlier | 17.42% | 2019 |
| Ten years earlier | 40.75% | 2014 |
| Highest | 40.75% | 2014 |
| Lowest | -26.47% | 2009 |
| Average since 2015 | 1.9% | 2015–2024 |
| First recorded | -13.64% | 2006 |
What the numbers say
In 2024, Palau's gross fixed capital formation (annual % growth) rose 27.69 percentage points on 2023 (from -15.04% to 12.65%).
Across the 17 yearly changes before that (2007 to 2023), the average change was −0.08 percentage points and a typical year strayed about 25.23 percentage points from that (the standard deviation). This year's change was 1.1 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 52.02 percentage points in 2014 and the biggest yearly fall was 37.91 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 9th highest value of the 31 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.
| Value | Year | |
|---|---|---|
| Palau | 12.65% | 2024 |
| World | 2.2% | 2024 |
| High income | 1.41% | 2024 |
Closest to Palau in the 2024 ranking
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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 19 values
| Year | Gross fixed capital formation (annual % growth) |
|---|---|
| 2024 | 12.65 |
| 2023 | -15.04 |
| 2022 | 9.67 |
| 2021 | -23.1 |
| 2020 | 14.81 |
| 2019 | 17.42 |
| 2018 | -13.01 |
| 2017 | 4.02 |
| 2016 | 3.91 |
| 2015 | 7.71 |
| 2014 |
Gross fixed capital formation (annual % growth) in nearby economies
- Australia — 1.58% (2025)
- Brunei Darussalam — -6.03% (2025)
- Cambodia — 3.68% (2025)
- Hong Kong SAR, China — 4.34% (2025)
- Indonesia — 5.09% (2025)
- Japan — -0.57% (2024)
- Kiribati — 27.09% (2024)
- Korea, Rep. — -3.23% (2025)
- Lao PDR — 7% (2016)
- Macao SAR, China
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 gross fixed capital formation (annual % growth)?
- 12.65% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 26.29 percentage points from -13.64% in 2006. The highest value was 40.75% in 2014 and the lowest -26.47% in 2009.
- How does Palau rank?
- 9th highest of 31 economies with data for 2024.
- Is the latest change in gross fixed capital formation (annual % growth) unusual for Palau?
- In 2024, Palau's gross fixed capital formation (annual % growth) rose 27.69 percentage points on 2023 (from -15.04% to 12.65%). Across the 17 yearly changes before that (2007 to 2023), the average change was −0.08 percentage points and a typical year strayed about 25.23 percentage points from that (the standard deviation). This year's change was 1.1 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 NE.GDI.FTOT.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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