GNI, PPP in Palau
Palau: GNI, PPP was 327.32 million constant 2021 international $ in 2024. ▲ Rising
GNI, PPP in Palau, 2000–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for gni, ppp in Palau is 327.32 million constant 2021 international $, measured in 2024.
The figure is up 10.8% on the previous year and down 1.1% over ten years.
Over the whole period, gni, ppp in Palau peaked at 374.27 million constant 2021 international $ in 2016 and was at its lowest, 280.19 million constant 2021 international $, in 2000.
Palau ranks 157th of 158 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 319.45 million constant 2021 international $ | 280.19 million constant 2021 international $ | 343.54 million constant 2021 international $ | 10 |
| 2010s | 339.73 million constant 2021 international $ | 304.86 million constant 2021 international $ | 374.27 million constant 2021 international $ | 10 |
| 2020s | 312.54 million constant 2021 international $ | 294.45 million constant 2021 international $ | 344.33 million constant 2021 international $ | 5 |
Countries ranked near Palau
More economy & growth data for Palau
- Exports of goods and services 40.6% (2024)
- Gross national expenditure 475.51 million current LCU (2024)
- Gross national expenditure 361.81 million constant 2015 US$ (2024)
- Industry (including construction), value added 27.24 million constant LCU (2024)
- Gross national expenditure 147.9% (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Gross fixed capital formation 87.75 million constant 2015 US$ (2024)
- Gross fixed capital formation 115.22 million current LCU (2024)
Frequently asked questions
- What is gni, ppp in Palau?
- Gni, ppp in Palau was 327.32 million constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Palau?
- The highest recorded value was 374.27 million constant 2021 international $ in 2016.
- What is the lowest gni, ppp recorded in Palau?
- The lowest recorded value was 280.19 million constant 2021 international $ in 2000.
- How does Palau rank for gni, ppp?
- Palau ranks 157th out of 158 countries with data for 2024.
- Is gni, ppp rising or falling in Palau?
- Over the last ten years it is down 1.1%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GNI, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross national income (GNI) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.