As per International Monetary Fund (IMF) 2019 estimates, the GDP (nominal) of Palau is USD 310 million. Currently (2019), the world rank of Palau is 183 in terms of GDP Nominal.
However, as per 2018 estimates by World Bank, the GDP (Nominal) of Palau is USD 310 million. As per World Bank Estimates, the global rank of Palau is 181.

Palau GDP [PPP]

On the other hand, as per 2019 estimates by International Monetary Fund, the GDP (PPP) of Palau is USD 282 Million.  Palau on this basis has a global rank of 183.