Statement:
Palau has higher GDP than Armenia

In the Richest countries rating Palau holds position #60 ²⁰²⁰ out of 191 and Armenia is #111 out of 191 ²⁰²⁰.
Position of Palau is better than position of Armenia.

Referencies:

1. Richest countries ²⁰²⁰ by World Bank

   The countries in the rating sorted by 'GDP per capita (current US$)' in descending order.

   Armenia	'GDP per capita (current US$)' value is	4,266.02
   Palau	'GDP per capita (current US$)' value is	14,243.86