Ratio of GNP to GDP for Palau
GNPGDPPWA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.70
Year-over-Year Change
-21.48%
Date Range
1/1/1970 - 1/1/2010
Summary
The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Palau measures the relative size of the nation's domestic and foreign-owned economic output.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This indicator provides insight into Palau's economic structure and the role of foreign income sources. It is used by economists and policymakers to understand the country's economic openness and dependence on external economic factors.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis based on official national accounts information.
Historical Context
The GNP/GDP ratio is an important metric for evaluating Palau's economic policies and external trade relationships.
Key Facts
- Palau's GNP/GDP ratio has averaged around 1.05 over the past decade.
- A ratio greater than 1 indicates Palau earns more from foreign sources than domestic production.
- The GNP/GDP ratio is an important metric for assessing Palau's economic dependence on external factors.
FAQs
Q: What does this economic trend measure?
A: The ratio of Gross National Product (GNP) to Gross Domestic Product (GDP) for Palau measures the relative size of the nation's domestic and foreign-owned economic output.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Palau's economic structure and the role of foreign income sources, which is useful for economists and policymakers evaluating the country's economic openness and external dependencies.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis based on official national accounts information.
Q: How is this trend used in economic policy?
A: The GNP/GDP ratio is an important metric for evaluating Palau's economic policies and external trade relationships, as it reflects the country's dependence on foreign income sources.
Q: Are there update delays or limitations?
A: The GNP/GDP ratio data for Palau is published regularly by the U.S. Bureau of Economic Analysis, with typical update delays of several months.
Related Trends
Ratio of GNP to GDP for Guyana
GNPGDPGYA156NUPN
Ratio of GNP to GDP for Nicaragua
GNPGDPNIA156NUPN
Ratio of GNP to GDP for United Arab Emirates
GNPGDPAEA156NUPN
Ratio of GNP to GDP for Liberia
GNPGDPLRA156NUPN
Ratio of GNP to GDP for Bolivia
GNPGDPBOA156NUPN
Ratio of GNP to GDP for Republic of Congo
GNPGDPCGA156NUPN
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Palau (GNPGDPPWA156NUPN), retrieved from FRED.