Palau: GDP 18.2K intl$ per capita, population 17.7K, inflation 2.2%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
East Asia & Pacific
Population
17.7K
2024
View all demographics β†’

Geography and Government

Area
459 kmΒ²
Capital
Ngerulmud
ISO 2
PW
ISO 3
PLW
Calling code
+680
Internet TLD
.pw
Government type
presidential republic in free association with the US

Age Structure

0-14 years 17.5%
15-64 years 71.3%
65+ years 11.2%

Languages

Language Type Share Speakers
Palauan Official 65.2% -
English Official 19.1% -
Filipino Official 9.9% -
Other Official 2.8% -
Other Micronesian Official 1.9% -
Chinese Official 1.2% -

Religions

Religion Type Share Adherents
Roman Catholic Minor 46.9% -
Protestant Minor 30.9% -
Other Minor 12.3% -
Modekngei Minor 5.1% -
Muslim Minor 4.9% -

Population & Demographics

Basic Demographics

Population, total
17.7K
2024
Population growth (annual %)
-0.18%
2024
Population density (people per sq. km of land area)
38.5 per kmΒ²
2023
Urban population (% of total population)
79.2%
2024

Health Indicators

Life expectancy at birth, total (years)
69.4 years
2024
Birth rate, crude (per 1,000 people)
10.69 per 1,000
2024
Death rate, crude (per 1,000 people)
11.73 per 1,000
2024
Fertility rate, total (births per woman)
1.88 children
2024
Mortality rate, infant (per 1,000 live births)
18.6 per 1,000
2024

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.3%
2020
Literacy rate, adult total (% of people ages 15 and above)
99.8%
2020

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$15.6K
2023
Inflation, consumer prices (annual %)
2.2%
2024
GNI per capita (current US$)
$14.8K
2023

Macroeconomic Indicators

GDP (current US$)
$276.73M
2023
GDP growth (annual %)
2.2%
2023
GDP per capita, PPP (current international $)
18.2K intl$
2023
Central government debt, total (% of GDP)
85.2%
2019

Trade & External Sector

Trade (% of GDP)
106.7%
2023
Exports of goods and services (% of GDP)
26.3%
2023
Imports of goods and services (% of GDP)
80.4%
2023

Other Indicators

International tourism, number of arrivals
18.4K
2020
Tax revenue (% of GDP)
17.9%
2020
Foreign direct investment, net inflows (% of GDP)
28.9%
2023

Explore More

Frequently Asked Questions

What is the average income in Palau?

According to our data, the average income in Palau is approximately $14,780 (GNI per capita) as of 2023. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Palau in 2024?

The inflation rate in Palau is 2.2% as of 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Palau compare to other countries in East Asia and Pacific?

Palau is located in East Asia and Pacific and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Palau compares to neighboring and regional countries.

Palau is located in East Asia and Pacific. Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Palau's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Palau's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
PW
ISO 3
PLW
IOC code
PLW
Vehicle code
PAL
Latitude
7.34
Longitude
134.48

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