Exports of goods and services in Palau
Palau: Exports of goods and services was 63.64 million BoP, current US$ in 2023. ▼ Falling
Exports of goods and services in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods and services in Palau is 63.64 million BoP, current US$, measured in 2023.
Compared with earlier readings it is up 74.0% on the previous year and down 54.3% over ten years.
Over the whole period, exports of goods and services in Palau peaked at 179.04 million BoP, current US$ in 2015 and was at its lowest, 14.12 million BoP, current US$, in 2021.
That places Palau 197th out of 199 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Exports of goods and services in Palau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 82.71 million BoP, current US$ | — |
| 2006 | 80.16 million BoP, current US$ | -3.1% |
| 2007 | 87.69 million BoP, current US$ | +9.4% |
| 2008 | 99.57 million BoP, current US$ | +13.5% |
| 2009 | 92.53 million BoP, current US$ | -7.1% |
| 2010 | 95.66 million BoP, current US$ | +3.4% |
| 2011 | 114.74 million BoP, current US$ | +19.9% |
| 2012 | 131.63 million BoP, current US$ | +14.7% |
| 2013 | 139.23 million BoP, current US$ | +5.8% |
| 2014 | 158.33 million BoP, current US$ | +13.7% |
| 2015 | 179.04 million BoP, current US$ | +13.1% |
| 2016 | 145.22 million BoP, current US$ | -18.9% |
| 2017 | 131.48 million BoP, current US$ | -9.5% |
| 2018 | 122.24 million BoP, current US$ | -7.0% |
| 2019 | 106.78 million BoP, current US$ | -12.6% |
| 2020 | 59.00 million BoP, current US$ | -44.7% |
| 2021 | 14.12 million BoP, current US$ | -76.1% |
| 2022 | 36.57 million BoP, current US$ | +158.9% |
| 2023 | 63.64 million BoP, current US$ | +74.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88.53 million BoP, current US$ | 80.16 million BoP, current US$ | 99.57 million BoP, current US$ | 5 |
| 2010s | 132.43 million BoP, current US$ | 95.66 million BoP, current US$ | 179.04 million BoP, current US$ | 10 |
| 2020s | 43.33 million BoP, current US$ | 14.12 million BoP, current US$ | 63.64 million BoP, current US$ | 4 |
Countries ranked near Palau
More economy & growth data for Palau
- 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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
Frequently asked questions
- What is exports of goods and services in Palau?
- Exports of goods and services in Palau was 63.64 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Palau?
- The highest recorded value was 179.04 million BoP, current US$ in 2015.
- What is the lowest exports of goods and services recorded in Palau?
- The lowest recorded value was 14.12 million BoP, current US$ in 2021.
- How does Palau rank for exports of goods and services?
- Palau ranks 197th out of 199 countries with data for 2023.
- Is exports of goods and services rising or falling in Palau?
- Over the last ten years it is down 54.3%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.