Palau

Palau exhibits a remarkably high GDP per capita, placing it firmly in the high-income category globally. This figure ($15,610) is significantly higher than many larger developing nations, driven primarily by tourism and foreign aid/compact funds.

The country is grappling with extremely high inflation, reaching 12.820% in 2023. This level of price increase poses a significant threat to the purchasing power and economic stability of its small population, likely exacerbated by global supply chain issues and high import dependency.

Palau has achieved universal access to electricity, with 100% of the population connected. This is a remarkable infrastructure achievement for a small, geographically dispersed island nation, indicating successful development planning and investment in utilities.

Despite its small land area and population, Palau is highly urbanized, with nearly 80% of its residents living in urban centers. This concentration suggests significant internal migration toward administrative or economic hubs, typical of small island states.