Personal remittances, received in Palau
Palau: Personal remittances, received was 0.8% in 2023. ▬ Flat
Personal remittances, received in Palau, 2005–2023
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Palau is 0.8%, measured in 2023.
That represents a change of down 6.0% on the previous year and down 23.0% over ten years.
Over the whole period, personal remittances, received in Palau peaked at 1.1% in 2012 and was at its lowest, 0.8%, in 2016.
That places Palau 135th out of 196 countries with data for 2023, putting it in the middle of the range.
Personal remittances, received in Palau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 0.8% | — |
| 2006 | 0.8% | +1.8% |
| 2007 | 0.8% | -3.5% |
| 2008 | 0.8% | +3.3% |
| 2009 | 0.9% | +7.2% |
| 2010 | 0.9% | +5.8% |
| 2011 | 1.0% | +10.2% |
| 2012 | 1.1% | +8.9% |
| 2013 | 1.0% | -5.0% |
| 2014 | 0.9% | -13.3% |
| 2015 | 0.8% | -11.2% |
| 2016 | 0.8% | -3.0% |
| 2017 | 0.8% | +4.9% |
| 2018 | 0.8% | -1.5% |
| 2019 | 0.8% | +4.2% |
| 2020 | 0.9% | +4.8% |
| 2021 | 0.8% | -9.2% |
| 2022 | 0.9% | +7.1% |
| 2023 | 0.8% | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.8% | 0.9% | 5 |
| 2010s | 0.9% | 0.8% | 1.1% | 10 |
| 2020s | 0.8% | 0.8% | 0.9% | 4 |
Countries ranked near Palau
- 132 Poland 0.9% compare
- 133 Mauritania 0.9% compare
- 134 Costa Rica 0.8% compare
- 136 Sweden 0.8% compare
- 137 Trinidad and Tobago 0.8% compare
- 138 Iceland 0.7% 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 personal remittances, received in Palau?
- Personal remittances, received in Palau was 0.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Palau?
- The highest recorded value was 1.1% in 2012.
- What is the lowest personal remittances, received recorded in Palau?
- The lowest recorded value was 0.8% in 2016.
- How does Palau rank for personal remittances, received?
- Palau ranks 135th out of 196 countries with data for 2023.
- Is personal remittances, received rising or falling in Palau?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.