Net trade in goods and services (BoP, current US$), annual growth rate in Palau
Palau: Net trade in goods and services (BoP, current US$), annual growth rate was 21.72 % change on previous year in 2023. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Palau, 2006–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, net trade in goods and services (bop, current us$), annual growth rate in Palau stood at 21.72 % change on previous year.
That represents a change of up 232.3% on the previous year and up 426.2% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Palau peaked at 52.03 % change on previous year in 2015 and was at its lowest, -115.49 % change on previous year, in 2016.
That places Palau 51st out of 199 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | -21.52 % change on previous year | — |
| 2007 | 17.03 % change on previous year | -179.1% |
| 2008 | -7.38 % change on previous year | -143.3% |
| 2009 | 37.78 % change on previous year | -611.7% |
| 2010 | -31.97 % change on previous year | -184.6% |
| 2011 | 1.41 % change on previous year | -104.4% |
| 2012 | -6.25 % change on previous year | -542.0% |
| 2013 | 4.13 % change on previous year | -166.1% |
| 2014 | -26.23 % change on previous year | -735.3% |
| 2015 | 52.03 % change on previous year | -298.4% |
| 2016 | -115.49 % change on previous year | -322.0% |
| 2017 | -37.78 % change on previous year | -67.3% |
| 2018 | -2.55 % change on previous year | -93.3% |
| 2019 | -18.34 % change on previous year | +620.3% |
| 2020 | -36.65 % change on previous year | +99.9% |
| 2021 | -5.12 % change on previous year | -86.0% |
| 2022 | -16.42 % change on previous year | +220.7% |
| 2023 | 21.72 % change on previous year | -232.3% |
Palau compared with similar countries
- Palau's 21.72 % change on previous year is above the median for high income countries, which is 1.31 % change on previous year, 16.6× the median. (71 countries reporting)
- Palau's 21.72 % change on previous year is above the median for East Asia & Pacific, which is 11.08 % change on previous year, 2.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.48 % change on previous year | -21.52 % change on previous year | 37.78 % change on previous year | 4 |
| 2010s | -18.1 % change on previous year | -115.49 % change on previous year | 52.03 % change on previous year | 10 |
| 2020s | -9.12 % change on previous year | -36.65 % change on previous year | 21.72 % change on previous year | 4 |
Countries ranked near Palau
- 48 Brunei 23.85 % change on previous year compare
- 49 New Caledonia 23.51 % change on previous year compare
- 50 Curacao 22.14 % change on previous year compare
- 52 Micronesia (country) 20.82 % change on previous year compare
- 53 Zambia 20.06 % change on previous year compare
- 54 Denmark 19.48 % 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)
- 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 net trade in goods and services (bop, current us$), annual growth rate in Palau?
- Net trade in goods and services (bop, current us$), annual growth rate in Palau was 21.72 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Palau?
- The highest recorded value was 52.03 % change on previous year in 2015.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Palau?
- The lowest recorded value was -115.49 % change on previous year in 2016.
- How does Palau rank for net trade in goods and services (bop, current us$), annual growth rate?
- Palau ranks 51st out of 199 countries with data for 2023.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Palau?
- Over the last ten years it is up 426.2%. 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 Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services 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 Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.