ICT service exports (BoP, current US$), annual growth rate in Palau
Palau: ICT service exports (BoP, current US$), annual growth rate was -8.38 % change on previous year in 2023. ◆ Volatile
ICT service exports (BoP, current US$), annual growth rate in Palau, 2006–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Palau recorded -8.38 % change on previous year for ict service exports (bop, current us$), annual growth rate in 2023.
The figure is down 191.6% on the previous year and down 211.4% over ten years.
Over the whole period, ict service exports (bop, current us$), annual growth rate in Palau peaked at 69.86 % change on previous year in 2019 and was at its lowest, -96.12 % change on previous year, in 2016.
Palau ranks 150th of 189 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports (BoP, current US$), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 51.31 % change on previous year | — |
| 2007 | 15.07 % change on previous year | -70.6% |
| 2008 | 7.36 % change on previous year | -51.2% |
| 2009 | 8.27 % change on previous year | +12.4% |
| 2010 | 5.89 % change on previous year | -28.8% |
| 2011 | 4.02 % change on previous year | -31.7% |
| 2012 | 4.43 % change on previous year | +10.2% |
| 2013 | 7.52 % change on previous year | +69.9% |
| 2014 | 8.54 % change on previous year | +13.5% |
| 2015 | 11.02 % change on previous year | +29.1% |
| 2016 | -96.12 % change on previous year | -972.4% |
| 2017 | -13.48 % change on previous year | -86.0% |
| 2018 | 19.67 % change on previous year | -246.0% |
| 2019 | 69.86 % change on previous year | +255.1% |
| 2020 | -42.74 % change on previous year | -161.2% |
| 2021 | 15.49 % change on previous year | -136.2% |
| 2022 | 9.15 % change on previous year | -41.0% |
| 2023 | -8.38 % change on previous year | -191.6% |
Palau compared with similar countries
- Palau's -8.38 % change on previous year is below the median for high income countries, which is 8.3 % change on previous year. (68 countries reporting)
Biggest year-on-year movements
Years where ICT service exports (BoP, current US$), annual growth rate in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -972.4% | 11.02 % change on previous year | -96.12 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.5 % change on previous year | 7.36 % change on previous year | 51.31 % change on previous year | 4 |
| 2010s | 2.14 % change on previous year | -96.12 % change on previous year | 69.86 % change on previous year | 10 |
| 2020s | -6.62 % change on previous year | -42.74 % change on previous year | 15.49 % change on previous year | 4 |
Countries ranked near Palau
- 147 Cayman Islands -7.24 % change on previous year compare
- 148 French Polynesia -7.82 % change on previous year compare
- 149 Guatemala -7.86 % change on previous year compare
- 151 Bermuda -9.11 % change on previous year compare
- 152 Cape Verde -9.48 % change on previous year compare
- 153 Nicaragua -10.02 % change on previous year compare
More economy & growth data for Palau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.69 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.5 Percent per annum (2029)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- External balance on goods and services as a percent of GDP -40.4% (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.7302 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
Frequently asked questions
- What is ict service exports (bop, current us$), annual growth rate in Palau?
- Ict service exports (bop, current us$), annual growth rate in Palau was -8.38 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), annual growth rate recorded in Palau?
- The highest recorded value was 69.86 % change on previous year in 2019.
- What is the lowest ict service exports (bop, current us$), annual growth rate recorded in Palau?
- The lowest recorded value was -96.12 % change on previous year in 2016.
- How does Palau rank for ict service exports (bop, current us$), annual growth rate?
- Palau ranks 150th out of 189 countries with data for 2023.
- Is ict service exports (bop, current us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is down 211.4%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of ICT service exports (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in ICT service exports (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.