Palau

Palau ranks 193rd of 196 by GDP, yet its 17,663 residents earn GDP per capita of US$19,532, 64th in the world. High local prices cut that sharply on a PPP basis: at $23,052 international dollars it ranks 89th, 25 places lower. Real output grew 6.3% and US$ GDP rose 7.3% to US$345 million, holding Palau between Kiribati and the Marshall Islands.

As of 2024, services made up 73.1% of output, industry 13.0%, agriculture 2.7% and manufacturing 1.2%. Consumer prices edged down, with inflation at -0.4%, and government gross debt stood at 52.8% of GDP. The economy is smaller than any U.S. metro area, at 14% of Eagle Pass, TX. In 2000, GDP stood at US$150 million and Palau ranked 189th; US$ GDP has since grown 2.3 times. The IMF projects a +31% rise to US$452 million by 2030, which would place it 185th.