Goods imports (BoP, current US$), per unit of GDP in Palau
Palau: Goods imports (BoP, current US$), per unit of GDP was 0.5945 BoP, current US$ per US$ of GDP in 2023. ▬ Flat
Goods imports (BoP, current US$), per unit of GDP in Palau, 2005–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Palau recorded 0.5945 BoP, current US$ per US$ of GDP for goods imports (bop, current us$), per unit of gdp in 2023.
Compared with earlier readings it is down 7.2% on the previous year and down 8.2% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Palau peaked at 0.7241 BoP, current US$ per US$ of GDP in 2014 and was at its lowest, 0.4867 BoP, current US$ per US$ of GDP, in 2016.
Palau ranks 20th of 199 countries on this measure, in the top 10%.
Goods imports (BoP, current US$), per unit of GDP in Palau, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.5822 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.6043 BoP, current US$ per US$ of GDP | +3.8% |
| 2007 | 0.5537 BoP, current US$ per US$ of GDP | -8.4% |
| 2008 | 0.6044 BoP, current US$ per US$ of GDP | +9.2% |
| 2009 | 0.5109 BoP, current US$ per US$ of GDP | -15.5% |
| 2010 | 0.5576 BoP, current US$ per US$ of GDP | +9.1% |
| 2011 | 0.6408 BoP, current US$ per US$ of GDP | +14.9% |
| 2012 | 0.6464 BoP, current US$ per US$ of GDP | +0.9% |
| 2013 | 0.6475 BoP, current US$ per US$ of GDP | +0.2% |
| 2014 | 0.7241 BoP, current US$ per US$ of GDP | +11.8% |
| 2015 | 0.5538 BoP, current US$ per US$ of GDP | -23.5% |
| 2016 | 0.4867 BoP, current US$ per US$ of GDP | -12.1% |
| 2017 | 0.5294 BoP, current US$ per US$ of GDP | +8.8% |
| 2018 | 0.5272 BoP, current US$ per US$ of GDP | -0.4% |
| 2019 | 0.5385 BoP, current US$ per US$ of GDP | +2.2% |
| 2020 | 0.5949 BoP, current US$ per US$ of GDP | +10.5% |
| 2021 | 0.5428 BoP, current US$ per US$ of GDP | -8.8% |
| 2022 | 0.6408 BoP, current US$ per US$ of GDP | +18.1% |
| 2023 | 0.5945 BoP, current US$ per US$ of GDP | -7.2% |
Palau compared with similar countries
- Palau's 0.5945 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.3181 BoP, current US$ per US$ of GDP, 1.9× the median. (72 countries reporting)
- Palau's 0.5945 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.4177 BoP, current US$ per US$ of GDP, 1.4× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5711 BoP, current US$ per US$ of GDP | 0.5109 BoP, current US$ per US$ of GDP | 0.6044 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.5852 BoP, current US$ per US$ of GDP | 0.4867 BoP, current US$ per US$ of GDP | 0.7241 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.5932 BoP, current US$ per US$ of GDP | 0.5428 BoP, current US$ per US$ of GDP | 0.6408 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Palau
- 17 North Macedonia 0.6111 BoP, current US$ per US$ of GDP compare
- 18 Marshall Islands 0.6068 BoP, current US$ per US$ of GDP compare
- 19 Slovenia 0.6015 BoP, current US$ per US$ of GDP compare
- 21 Kosovo 0.5935 BoP, current US$ per US$ of GDP compare
- 21 Kosovo (UNSCR 1244) 0.5935 BoP, current US$ per US$ of GDP compare
- 23 Gambia 0.5773 BoP, current US$ per US$ of GDP compare
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 goods imports (bop, current us$), per unit of gdp in Palau?
- Goods imports (bop, current us$), per unit of gdp in Palau was 0.5945 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Palau?
- The highest recorded value was 0.7241 BoP, current US$ per US$ of GDP in 2014.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.4867 BoP, current US$ per US$ of GDP in 2016.
- How does Palau rank for goods imports (bop, current us$), per unit of gdp?
- Palau ranks 20th out of 199 countries with data for 2023.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 8.2%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.