Exports of goods and services in Palau
Palau: Exports of goods and services was 32.7% in 2024. ▼ Falling
Exports of goods and services in Palau, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for exports of goods and services in Palau is 32.7%, measured in 2024.
That represents a change of up 25.1% on the previous year and down 40.9% over ten years.
Over the whole period, exports of goods and services in Palau peaked at 55.8% in 2012 and was at its lowest, 6.6%, in 2021.
Palau ranks 108th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Exports of goods and services in Palau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 44.0% | — |
| 2006 | 46.1% | +4.7% |
| 2007 | 43.6% | -5.4% |
| 2008 | 46.7% | +7.0% |
| 2009 | 43.1% | -7.8% |
| 2010 | 46.4% | +7.7% |
| 2011 | 52.3% | +12.9% |
| 2012 | 55.8% | +6.7% |
| 2013 | 54.5% | -2.5% |
| 2014 | 55.3% | +1.6% |
| 2015 | 53.6% | -3.0% |
| 2016 | 48.2% | -10.1% |
| 2017 | 45.6% | -5.3% |
| 2018 | 42.8% | -6.3% |
| 2019 | 38.3% | -10.4% |
| 2020 | 23.3% | -39.1% |
| 2021 | 6.6% | -71.8% |
| 2022 | 15.4% | +134.5% |
| 2023 | 26.1% | +69.3% |
| 2024 | 32.7% | +25.1% |
Palau compared with similar countries
- Palau's 32.7% is below the median for high income countries, which is 52.0%, 63% of the median. (72 countries reporting)
- Palau's 32.7% is below the median for East Asia & Pacific, which is 33.0%, 99% of the median. (34 countries reporting)
Biggest year-on-year movements
Years where Exports 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 |
|---|---|---|---|
| 2022 | +134.5% | 6.6% | 15.4% |
| 2023 | +69.3% | 15.4% | 26.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 44.7% | 43.1% | 46.7% | 5 |
| 2010s | 49.3% | 38.3% | 55.8% | 10 |
| 2020s | 20.8% | 6.6% | 32.7% | 5 |
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 32.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Palau?
- The highest recorded value was 55.8% in 2012.
- What is the lowest exports of goods and services recorded in Palau?
- The lowest recorded value was 6.6% in 2021.
- How does Palau rank for exports of goods and services?
- Palau ranks 108th out of 193 countries with data for 2024.
- Is exports of goods and services rising or falling in Palau?
- Over the last ten years it is down 40.9%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 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.