Imports of goods and services in Palau
Palau: Imports of goods and services was 73.1% in 2024. ▬ Flat
Imports of goods and services in Palau, 2005–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, imports of goods and services in Palau stood at 73.1%.
Compared with earlier readings it is down 9.3% on the previous year and down 19.2% over ten years.
Over the whole period, imports of goods and services in Palau peaked at 90.5% in 2014 and was at its lowest, 70.6%, in 2016.
That places Palau 34th out of 193 countries with data for 2024, putting it in the top quarter.
Imports of goods and services in Palau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 78.0% | — |
| 2006 | 82.0% | +5.1% |
| 2007 | 74.0% | -9.9% |
| 2008 | 80.9% | +9.3% |
| 2009 | 72.2% | -10.7% |
| 2010 | 76.7% | +6.3% |
| 2011 | 85.8% | +11.7% |
| 2012 | 88.3% | +2.9% |
| 2013 | 86.4% | -2.1% |
| 2014 | 90.5% | +4.7% |
| 2015 | 74.6% | -17.6% |
| 2016 | 70.6% | -5.4% |
| 2017 | 77.0% | +9.2% |
| 2018 | 75.0% | -2.6% |
| 2019 | 77.2% | +2.9% |
| 2020 | 81.1% | +5.1% |
| 2021 | 73.0% | -10.0% |
| 2022 | 88.2% | +20.8% |
| 2023 | 80.6% | -8.6% |
| 2024 | 73.1% | -9.3% |
Palau compared with similar countries
- Palau's 73.1% is above the median for high income countries, which is 51.2%, 1.4× the median. (72 countries reporting)
- Palau's 73.1% is above the median for East Asia & Pacific, which is 63.3%, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 77.4% | 72.2% | 82.0% | 5 |
| 2010s | 80.2% | 70.6% | 90.5% | 10 |
| 2020s | 79.2% | 73.0% | 88.2% | 5 |
Countries ranked near Palau
- 32 North Macedonia 73.4% compare
- 33 Slovenia 73.3% compare
- 35 Micronesia, Federated States of 70.9% compare
- 36 Northern Mariana Islands 70.9% compare
- 37 Solomon Islands 70.8% 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 imports of goods and services in Palau?
- Imports of goods and services in Palau was 73.1% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Palau?
- The highest recorded value was 90.5% in 2014.
- What is the lowest imports of goods and services recorded in Palau?
- The lowest recorded value was 70.6% in 2016.
- How does Palau rank for imports of goods and services?
- Palau ranks 34th out of 193 countries with data for 2024.
- Is imports of goods and services rising or falling in Palau?
- Over the last ten years it is down 19.2%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.