Palauan, other Micronesian 1.9, English, Filipino 9.9, Chinese 1.2, other 2.8
Economic Overview
Key economic indicators for Palau
GDP:
$280.025 million
GDP per Capita:
$15,800
GDP Growth:
1.88%
Inflation:
12.8%
Unemployment:
1.7%
Public Debt:
85.2% of GDP
Political System
Governance structure of Palau
Government Type:
presidential republic in free association with the US
Head of State:
President Surangel WHIPPS Jr. (since 21 January 2021)
Head of Government:
President Surangel WHIPPS Jr. (since 21 January 2021)
Judiciary:
Supreme Court (consists of the chief justice and 3 associate justices organized into appellate trial divisions; the Supreme Court organization also includes the Common Pleas and Land Courts)