ICT service exports (BoP, current US$) in Palau
Palau: ICT service exports was 164,000 BoP, current US$ in 2023. ◆ Volatile
ICT service exports in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for ict service exports in Palau is 164,000 BoP, current US$, measured in 2023.
That represents a change of down 8.4% on the previous year and down 94.6% over ten years.
Over the whole period, ict service exports in Palau peaked at 3.63 million BoP, current US$ in 2015 and was at its lowest, 122,000 BoP, current US$, in 2017.
That places Palau 186th out of 189 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
ICT service exports in Palau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 1.20 million BoP, current US$ | — |
| 2006 | 1.82 million BoP, current US$ | +51.3% |
| 2007 | 2.10 million BoP, current US$ | +15.1% |
| 2008 | 2.25 million BoP, current US$ | +7.4% |
| 2009 | 2.44 million BoP, current US$ | +8.3% |
| 2010 | 2.58 million BoP, current US$ | +5.9% |
| 2011 | 2.69 million BoP, current US$ | +4.0% |
| 2012 | 2.80 million BoP, current US$ | +4.4% |
| 2013 | 3.02 million BoP, current US$ | +7.5% |
| 2014 | 3.27 million BoP, current US$ | +8.5% |
| 2015 | 3.63 million BoP, current US$ | +11.0% |
| 2016 | 141,000 BoP, current US$ | -96.1% |
| 2017 | 122,000 BoP, current US$ | -13.5% |
| 2018 | 146,000 BoP, current US$ | +19.7% |
| 2019 | 248,000 BoP, current US$ | +69.9% |
| 2020 | 142,000 BoP, current US$ | -42.7% |
| 2021 | 164,000 BoP, current US$ | +15.5% |
| 2022 | 179,000 BoP, current US$ | +9.1% |
| 2023 | 164,000 BoP, current US$ | -8.4% |
Palau compared with similar countries
- Palau's 164,000 BoP, current US$ is below the median for high income countries, which is 2.68 billion BoP, current US$, 0% of the median. (68 countries reporting)
- Palau's 164,000 BoP, current US$ is below the median for East Asia & Pacific, which is 26.86 million BoP, current US$, 1% of the median. (31 countries reporting)
Biggest year-on-year movements
Years where ICT service exports in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | -96.1% | 3.63 million BoP, current US$ | 141,000 BoP, current US$ |
| 2019 | +69.9% | 146,000 BoP, current US$ | 248,000 BoP, current US$ |
| 2020 | -42.7% | 248,000 BoP, current US$ | 142,000 BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.96 million BoP, current US$ | 1.20 million BoP, current US$ | 2.44 million BoP, current US$ | 5 |
| 2010s | 1.87 million BoP, current US$ | 122,000 BoP, current US$ | 3.63 million BoP, current US$ | 10 |
| 2020s | 162,250 BoP, current US$ | 142,000 BoP, current US$ | 179,000 BoP, current US$ | 4 |
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)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (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)
- Gdp worldbank constant usd, per unit of GDP 0.7995 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
Frequently asked questions
- What is ict service exports in Palau?
- Ict service exports in Palau was 164,000 BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Palau?
- The highest recorded value was 3.63 million BoP, current US$ in 2015.
- What is the lowest ict service exports recorded in Palau?
- The lowest recorded value was 122,000 BoP, current US$ in 2017.
- How does Palau rank for ict service exports?
- Palau ranks 186th out of 189 countries with data for 2023.
- Is ict service exports rising or falling in Palau?
- Over the last ten years it is down 94.6%. The long-run trend across the full record is volatile.
- 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 ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.