Goods imports in Palau
Palau: Goods imports 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$, in 2009.
Palau ranks 193rd of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 109.25 million BoP, current US$ | 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
- 190 Tonga 231.82 million BoP, current US$ compare
- 191 Chad 212.06 million BoP, current US$ compare
- 192 Marshall Islands 172.94 million BoP, current US$ compare
- 194 Micronesia (country) 154.44 million BoP, current US$ compare
- 195 Sao Tome and Principe 153.48 million BoP, current US$ compare
- 196 Central African Republic 130.58 million BoP, current US$ compare
More economy & growth data for Palau
- External balance on goods and services as a percent of GDP -40.4% (2024)
- Gross fixed capital formation 115.22 million current US$ (2024)
- Gross national expenditure 147.9% (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Exports of goods and services 40.6% (2024)
- Services, value added 202.73 million constant 2015 US$ (2024)
- Exports of goods and services 32.7% (2024)
- Changes in inventories -2.80 million current US$ (2024)
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 193rd out of 198 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.
Download this data
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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.