Net primary income (BoP, current US$) in Palau
Palau: Net primary income (BoP, current US$) was -16.56 million BoP, current US$ in 2023. ◆ Volatile
Net primary income in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net primary income in Palau stood at -16.56 million BoP, current US$. That is the lowest value across all 19 years on record.
The figure is down 629.8% on the previous year and down 237.8% over ten years.
Over the whole period, net primary income in Palau peaked at 9.71 million BoP, current US$ in 2021 and was at its lowest, -16.56 million BoP, current US$, in 2023.
That places Palau 57th out of 200 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Palau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | -4.65 million BoP, current US$ | — |
| 2006 | -1.19 million BoP, current US$ | -74.3% |
| 2007 | -2.67 million BoP, current US$ | +124.0% |
| 2008 | 1.92 million BoP, current US$ | -172.0% |
| 2009 | 9.23 million BoP, current US$ | +379.6% |
| 2010 | 4.83 million BoP, current US$ | -47.6% |
| 2011 | -2.38 million BoP, current US$ | -149.2% |
| 2012 | -8.32 million BoP, current US$ | +250.3% |
| 2013 | -4.90 million BoP, current US$ | -41.1% |
| 2014 | -10.66 million BoP, current US$ | +117.5% |
| 2015 | -12.12 million BoP, current US$ | +13.7% |
| 2016 | -15.75 million BoP, current US$ | +29.9% |
| 2017 | -5.88 million BoP, current US$ | -62.6% |
| 2018 | -7.46 million BoP, current US$ | +26.9% |
| 2019 | -1.98 million BoP, current US$ | -73.5% |
| 2020 | 6.00 million BoP, current US$ | -403.6% |
| 2021 | 9.71 million BoP, current US$ | +61.7% |
| 2022 | 3.13 million BoP, current US$ | -67.8% |
| 2023 | -16.56 million BoP, current US$ | -629.8% |
Palau compared with similar countries
- Palau's -16.56 million BoP, current US$ is above the median for high income countries, which is -477.76 million BoP, current US$, 3% of the median. (72 countries reporting)
- Palau's -16.56 million BoP, current US$ is below the median for East Asia & Pacific, which is 7.29 million BoP, current US$. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 528,024 BoP, current US$ | -4.65 million BoP, current US$ | 9.23 million BoP, current US$ | 5 |
| 2010s | -6.46 million BoP, current US$ | -15.75 million BoP, current US$ | 4.83 million BoP, current US$ | 10 |
| 2020s | 568,250 BoP, current US$ | -16.56 million BoP, current US$ | 9.71 million BoP, current US$ | 4 |
Countries ranked near Palau
- 54 Chad -7.34 million BoP, current US$
- 55 Moldova -7.88 million BoP, current US$ compare
- 56 Saint Kitts and Nevis -11.12 million BoP, current US$ compare
- 58 Dominica -18.51 million BoP, current US$ compare
- 59 Burundi -20.47 million BoP, current US$ compare
- 60 Central African Republic -22.69 million BoP, current US$
More economy & growth data for Palau
- Real gdp growth, annual growth rate 881.68 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 4.97 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0287 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 560.2 units per person (2025)
- SDRs holdings, SDR, annual growth rate -0.043 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0209 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 409.06 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is net primary income in Palau?
- Net primary income in Palau was -16.56 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Palau?
- The highest recorded value was 9.71 million BoP, current US$ in 2021.
- What is the lowest net primary income recorded in Palau?
- The lowest recorded value was -16.56 million BoP, current US$ in 2023.
- How does Palau rank for net primary income?
- Palau ranks 57th out of 200 countries with data for 2023.
- Is net primary income rising or falling in Palau?
- Over the last ten years it is down 237.8%. 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 Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.