Palau's gross fixed capital formation (current US$) was US$115.22 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 45.47% from US$79.21 million in 2014 (3.82% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$115.22 million | 2024 |
| Five years earlier | US$97.67 million | 2019 |
| Ten years earlier | US$79.21 million | 2014 |
| Highest | US$115.22 million | 2024 |
| Lowest | US$46.78 million | 2010 |
| Average since 2015 | US$96.65 million | 2015–2024 |
| First recorded | US$80.54 million |
What the numbers say
In 2024, Palau's gross fixed capital formation (current US$) rose 17.9% on 2023 (from US$97.69 million to US$115.22 million).
Across the 18 yearly changes before that (2006 to 2023), the average change was +2.4% and a typical year strayed about 17.3% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 44.8% in 2014 and the biggest yearly fall was 25.3% in 2009. 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 upward, about US$2.43 million a year. A straight line explains 45% 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 36th highest value of the 37 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 | US$115.22 million | 2024 |
| World | US$28.61 trillion | 2024 |
| East Asia & Pacific | US$10.99 trillion | 2024 |
| High income | US$16.03 trillion | 2024 |
Closest to Palau in the 2024 ranking
- Vanuatu — 32nd of 37: US$316.29 million
- Solomon Islands — 33rd of 37: US$308.25 million
- Tonga — 34th of 37: US$169.33 million
- Kiribati — 36th of 37: US$99.64 million
- Marshall Islands — 37th of 37: US$65.14 million
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 20 values
| Year | Gross fixed capital formation (current US$) |
|---|---|
| 2024 | 115,219,963 |
| 2023 | 97,692,657 |
| 2022 | 104,852,470 |
| 2021 | 87,028,595 |
| 2020 | 111,451,800 |
| 2019 | 97,672,600 |
| 2018 | 82,917,800 |
| 2017 | 94,107,500 |
| 2016 | 89,781,300 |
| 2015 | 85,759,000 |
| 2014 |
Gross fixed capital formation (current US$) in nearby economies
- Australia — US$437.56 billion (2025)
- Brunei Darussalam — US$4.05 billion (2025)
- Cambodia — US$15.85 billion (2025)
- China — US$7.43 trillion (2024)
- Fiji — US$1.2 billion (2024)
- French Polynesia — US$1.39 billion (2024)
- Hong Kong SAR, China — US$72.38 billion (2025)
- Indonesia — US$415.87 billion (2025)
- Japan — US$1.17 trillion (2024)
- Kiribati
More economic policy & debt data for Palau
- GDP (current US$) — 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$351.4 million (2025)
- GNI (current LCU) — 351.4 million (2025)
- GNI per capita (current LCU) — 19,895 (2025)
- GDP (annual % growth)
Reading data like this
Questions people ask
- What is Palau's gross fixed capital formation (current US$)?
- US$115.22 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 43.06% from US$80.54 million in 2005 (1.9% a year on average, compounded). The highest value was US$115.22 million in 2024 and the lowest US$46.78 million in 2010.
- How does Palau rank?
- 36th highest of 37 economies with data for 2024.
- Is the latest change in gross fixed capital formation (current US$) unusual for Palau?
- In 2024, Palau's gross fixed capital formation (current US$) rose 17.9% on 2023 (from US$97.69 million to US$115.22 million). Across the 18 yearly changes before that (2006 to 2023), the average change was +2.4% and a typical year strayed about 17.3% from that (the standard deviation). This year's change was 0.9 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.CD, 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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