Imports of goods, services and primary income in Palau
Palau: Imports of goods, services and primary income was 247.40 million BoP, current US$ in 2023. ▲ Rising
Imports of goods, services and primary income in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, imports of goods, services and primary income in Palau stood at 247.40 million BoP, current US$.
That represents a change of up 2.8% on the previous year and up 17.6% over ten years.
Over the whole period, imports of goods, services and primary income in Palau peaked at 250.62 million BoP, current US$ in 2017 and was at its lowest, 131.72 million BoP, current US$, in 2009.
That places Palau 197th out of 200 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Imports of goods, services and primary income in Palau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 150.03 million BoP, current US$ | — |
| 2006 | 157.07 million BoP, current US$ | +4.7% |
| 2007 | 155.82 million BoP, current US$ | -0.8% |
| 2008 | 170.10 million BoP, current US$ | +9.2% |
| 2009 | 131.72 million BoP, current US$ | -22.6% |
| 2010 | 151.85 million BoP, current US$ | +15.3% |
| 2011 | 179.72 million BoP, current US$ | +18.4% |
| 2012 | 203.83 million BoP, current US$ | +13.4% |
| 2013 | 210.41 million BoP, current US$ | +3.2% |
| 2014 | 246.94 million BoP, current US$ | +17.4% |
| 2015 | 239.42 million BoP, current US$ | -3.0% |
| 2016 | 244.52 million BoP, current US$ | +2.1% |
| 2017 | 250.62 million BoP, current US$ | +2.5% |
| 2018 | 244.89 million BoP, current US$ | -2.3% |
| 2019 | 242.31 million BoP, current US$ | -1.1% |
| 2020 | 223.39 million BoP, current US$ | -7.8% |
| 2021 | 183.66 million BoP, current US$ | -17.8% |
| 2022 | 240.77 million BoP, current US$ | +31.1% |
| 2023 | 247.40 million BoP, current US$ | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 152.95 million BoP, current US$ | 131.72 million BoP, current US$ | 170.10 million BoP, current US$ | 5 |
| 2010s | 221.45 million BoP, current US$ | 151.85 million BoP, current US$ | 250.62 million BoP, current US$ | 10 |
| 2020s | 223.81 million BoP, current US$ | 183.66 million BoP, current US$ | 247.40 million BoP, current US$ | 4 |
Countries ranked near Palau
- 194 Marshall Islands 294.39 million BoP, current US$ compare
- 195 Central African Republic 267.11 million BoP, current US$
- 196 Micronesia, Federated States of 259.26 million BoP, current US$ compare
- 198 Sao Tome and Principe 204.15 million BoP, current US$ compare
- 199 Naoero 193.63 million BoP, current US$ compare
- 200 Tuvalu 67.81 million BoP, current US$ 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, services and primary income in Palau?
- Imports of goods, services and primary income in Palau was 247.40 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods, services and primary income recorded in Palau?
- The highest recorded value was 250.62 million BoP, current US$ in 2017.
- What is the lowest imports of goods, services and primary income recorded in Palau?
- The lowest recorded value was 131.72 million BoP, current US$ in 2009.
- How does Palau rank for imports of goods, services and primary income?
- Palau ranks 197th out of 200 countries with data for 2023.
- Is imports of goods, services and primary income rising or falling in Palau?
- Over the last ten years it is up 17.6%. 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 Imports of goods, services and primary income (BoP, current US$). 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. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.