Latin America & the Caribbean (IDA & IBRD countries) vs Palau: Imports of goods and services
Imports of goods and services over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Palau
How they compare
Palau currently reports 73.1% against 26.4% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 46.7%.
That makes Palau's figure about 2.8 times Latin America & the Caribbean (IDA & IBRD countries)'s.
Across all 20 years both countries report, Palau has been ahead every year.
Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd and Palau ranks 34th of 45 groups.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Palau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 21.7% | 77.4% | 55.7% | Palau |
| 2010s | 22.7% | 80.2% | 57.5% | Palau |
| 2020s | 26.7% | 79.2% | 52.5% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods and services, Latin America & the Caribbean (IDA & IBRD countries) or Palau?
- Palau, at 73.1% against 26.4% in Latin America & the Caribbean (IDA & IBRD countries) as of 2024.
- What is the difference in imports of goods and services between Latin America & the Caribbean (IDA & IBRD countries) and Palau?
- 46.7%, with Palau ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Palau?
- 20 years are reported by both, from 2005 to 2024.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Palau rank globally for imports of goods and services?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 32nd and Palau ranks 34th of 45 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Imports of goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.