Annual growth of imports of goods and services (%) in Palau
Palau: Annual growth of imports of goods and services (%) was -4.8% in 2023. ◆ Volatile
Annual growth of imports of goods and services in Palau, 2006–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of imports of goods and services in Palau is -4.8%, measured in 2023.
The figure is down 164.4% on the previous year and down 293.8% over ten years.
Over the whole period, annual growth of imports of goods and services in Palau peaked at 11.0% in 2014 and was at its lowest, -19.7%, in 2021.
That places Palau 167th out of 186 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services (%) in Palau, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 2.1% | — |
| 2007 | -5.1% | -346.0% |
| 2008 | -3.2% | -37.4% |
| 2009 | -12.0% | +274.5% |
| 2010 | 0.2% | -101.4% |
| 2011 | 7.2% | +4302.8% |
| 2012 | 9.1% | +27.5% |
| 2013 | 2.5% | -72.8% |
| 2014 | 11.0% | +344.8% |
| 2015 | 2.5% | -77.1% |
| 2016 | 7.2% | +183.9% |
| 2017 | -0.2% | -102.1% |
| 2018 | -7.1% | +4595.7% |
| 2019 | 0.6% | -108.9% |
| 2020 | -0.3% | -150.2% |
| 2021 | -19.7% | +6062.6% |
| 2022 | 7.5% | -138.0% |
| 2023 | -4.8% | -164.4% |
Palau compared with similar countries
- Palau's -4.8% is below the median for high income countries, which is 2.5%. (59 countries reporting)
- Palau's -4.8% is below the median for East Asia & Pacific, which is 6.5%. (26 countries reporting)
Biggest year-on-year movements
Years where Annual growth of imports of goods and services (%) in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2021 | -6062.6% | -0.3% | -19.7% |
| 2018 | -4595.7% | -0.2% | -7.1% |
| 2011 | +4302.8% | 0.2% | 7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.6% | -12.0% | 2.1% | 4 |
| 2010s | 3.3% | -7.1% | 11.0% | 10 |
| 2020s | -4.3% | -19.7% | 7.5% | 4 |
Countries ranked near Palau
- 164 Türkiye -4.4% compare
- 164 Turkey -4.4% compare
- 166 Bangladesh -4.6% compare
- 168 Djibouti -5.5% compare
- 169 South Africa -6.4% compare
- 170 Turkmenistan -7.3%
More economy & growth data for Palau
- Real gdp growth, annual growth rate 881.68 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0287 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.2 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.043 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0209 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.06 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is annual growth of imports of goods and services in Palau?
- Annual growth of imports of goods and services in Palau was -4.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Palau?
- The highest recorded value was 11.0% in 2014.
- What is the lowest annual growth of imports of goods and services recorded in Palau?
- The lowest recorded value was -19.7% in 2021.
- How does Palau rank for annual growth of imports of goods and services?
- Palau ranks 167th out of 186 countries with data for 2023.
- Is annual growth of imports of goods and services rising or falling in Palau?
- Over the last ten years it is down 293.8%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under UN SDG Global Database (open, attribution requested).