Goods imports (BoP, current US$) in Palau
Palau: Goods imports (BoP, current US$) was 164.17 million BoP, current US$ in 2023. ▲ Rising
Goods imports in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Palau is 164.17 million BoP, current US$, measured in 2023.
That represents a change of up 3.5% on the previous year and up 12.1% over ten years.
Over the whole period, goods imports in Palau peaked at 177.73 million BoP, current US$ in 2014 and was at its lowest, 94.03 million BoP, current US$, in 2009.
Palau ranks 196th of 200 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Goods imports (BoP, current US$) in Palau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 108.08 million BoP, current US$ | — |
| 2006 | 115.28 million BoP, current US$ | +6.7% |
| 2007 | 108.53 million BoP, current US$ | -5.9% |
| 2008 | 120.31 million BoP, current US$ | +10.9% |
| 2009 | 94.03 million BoP, current US$ | -21.8% |
| 2010 | 102.75 million BoP, current US$ | +9.3% |
| 2011 | 125.06 million BoP, current US$ | +21.7% |
| 2012 | 138.94 million BoP, current US$ | +11.1% |
| 2013 | 146.51 million BoP, current US$ | +5.5% |
| 2014 | 177.73 million BoP, current US$ | +21.3% |
| 2015 | 156.84 million BoP, current US$ | -11.8% |
| 2016 | 147.63 million BoP, current US$ | -5.9% |
| 2017 | 153.52 million BoP, current US$ | +4.0% |
| 2018 | 151.94 million BoP, current US$ | -1.0% |
| 2019 | 151.83 million BoP, current US$ | -0.1% |
| 2020 | 154.07 million BoP, current US$ | +1.5% |
| 2021 | 128.07 million BoP, current US$ | -16.9% |
| 2022 | 158.59 million BoP, current US$ | +23.8% |
| 2023 | 164.17 million BoP, current US$ | +3.5% |
Palau compared with similar countries
- Palau's 164.17 million BoP, current US$ is below the median for high income countries, which is 47.17 billion BoP, current US$, 0% of the median. (72 countries reporting)
- Palau's 164.17 million BoP, current US$ is below the median for East Asia & Pacific, which is 10.18 billion BoP, current US$, 2% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 109.25 million BoP, current US$ | 94.03 million BoP, current US$ | 120.31 million BoP, current US$ | 5 |
| 2010s | 145.27 million BoP, current US$ | 102.75 million BoP, current US$ | 177.73 million BoP, current US$ | 10 |
| 2020s | 151.22 million BoP, current US$ | 128.07 million BoP, current US$ | 164.17 million BoP, current US$ | 4 |
Countries ranked near Palau
- 193 Chad 212.06 million BoP, current US$
- 194 Sao Tome and Principe 182.93 million BoP, current US$ compare
- 195 Marshall Islands 172.94 million BoP, current US$ compare
- 197 Micronesia (country) 154.44 million BoP, current US$ compare
- 198 Central African Republic 130.58 million BoP, current US$
- 199 Nauru 92.65 million BoP, current US$ compare
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 goods imports in Palau?
- Goods imports in Palau was 164.17 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Palau?
- The highest recorded value was 177.73 million BoP, current US$ in 2014.
- What is the lowest goods imports recorded in Palau?
- The lowest recorded value was 94.03 million BoP, current US$ in 2009.
- How does Palau rank for goods imports?
- Palau ranks 196th out of 200 countries with data for 2023.
- Is goods imports rising or falling in Palau?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is rising.
- 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 Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.