Palau is an archipelagic state consisting more than 250 islands. Palau’s political system is presidential republic in which President is the chief of state and head of government. Voters in Palau elect the president and members of the legislative body directly for 4-year terms.
In the latest election held in 2024, Surangel Whipps, Jr. has been reelected as the President of the Republic of Palau
According to latest data, Palau’s population is 21.864. Palau’s GDP is around 0,32 billion US Dollars while its GDP per capita is 17.980 US Dollars. The economy of Palau mostly depends on service sector dominated by tourism. Subsistence agriculture and fishing are also common economic activities.