Service exports (BoP, current US$), per unit of GDP in Palau
Palau: Service exports (BoP, current US$), per unit of GDP was 0.2241 BoP, current US$ per US$ of GDP in 2023. ▼ Falling
Service exports (BoP, current US$), per unit of GDP in Palau, 2005–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Palau recorded 0.2241 BoP, current US$ per US$ of GDP for service exports (bop, current us$), per unit of gdp in 2023.
That represents a change of up 60.9% on the previous year and down 59.4% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Palau peaked at 0.5801 BoP, current US$ per US$ of GDP in 2015 and was at its lowest, 0.0553 BoP, current US$ per US$ of GDP, in 2021.
That places Palau 44th out of 199 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Service exports (BoP, current US$), per unit of GDP in Palau, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.3863 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.3695 BoP, current US$ per US$ of GDP | -4.3% |
| 2007 | 0.399 BoP, current US$ per US$ of GDP | +8.0% |
| 2008 | 0.44 BoP, current US$ per US$ of GDP | +10.3% |
| 2009 | 0.4586 BoP, current US$ per US$ of GDP | +4.2% |
| 2010 | 0.4559 BoP, current US$ per US$ of GDP | -0.6% |
| 2011 | 0.5221 BoP, current US$ per US$ of GDP | +14.5% |
| 2012 | 0.5426 BoP, current US$ per US$ of GDP | +3.9% |
| 2013 | 0.5518 BoP, current US$ per US$ of GDP | +1.7% |
| 2014 | 0.5673 BoP, current US$ per US$ of GDP | +2.8% |
| 2015 | 0.5801 BoP, current US$ per US$ of GDP | +2.2% |
| 2016 | 0.4348 BoP, current US$ per US$ of GDP | -25.0% |
| 2017 | 0.4049 BoP, current US$ per US$ of GDP | -6.9% |
| 2018 | 0.3763 BoP, current US$ per US$ of GDP | -7.1% |
| 2019 | 0.34 BoP, current US$ per US$ of GDP | -9.6% |
| 2020 | 0.2112 BoP, current US$ per US$ of GDP | -37.9% |
| 2021 | 0.0553 BoP, current US$ per US$ of GDP | -73.8% |
| 2022 | 0.1393 BoP, current US$ per US$ of GDP | +151.7% |
| 2023 | 0.2241 BoP, current US$ per US$ of GDP | +60.9% |
Palau compared with similar countries
- Palau's 0.2241 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.1868 BoP, current US$ per US$ of GDP, 1.2× the median. (72 countries reporting)
- Palau's 0.2241 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.089 BoP, current US$ per US$ of GDP, 2.5× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Service exports (BoP, current US$), per unit of GDP in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +151.7% | 0.0553 BoP, current US$ per US$ of GDP | 0.1393 BoP, current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.4107 BoP, current US$ per US$ of GDP | 0.3695 BoP, current US$ per US$ of GDP | 0.4586 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.4776 BoP, current US$ per US$ of GDP | 0.34 BoP, current US$ per US$ of GDP | 0.5801 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1575 BoP, current US$ per US$ of GDP | 0.0553 BoP, current US$ per US$ of GDP | 0.2241 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Palau
- 41 Netherlands 0.2538 BoP, current US$ per US$ of GDP compare
- 42 Dominica 0.2495 BoP, current US$ per US$ of GDP compare
- 43 Jamaica 0.2388 BoP, current US$ per US$ of GDP compare
- 45 Panama 0.2232 BoP, current US$ per US$ of GDP compare
- 46 Georgia 0.2227 BoP, current US$ per US$ of GDP compare
- 47 Belgium 0.2204 BoP, current US$ per US$ of GDP 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 service exports (bop, current us$), per unit of gdp in Palau?
- Service exports (bop, current us$), per unit of gdp in Palau was 0.2241 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Palau?
- The highest recorded value was 0.5801 BoP, current US$ per US$ of GDP in 2015.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.0553 BoP, current US$ per US$ of GDP in 2021.
- How does Palau rank for service exports (bop, current us$), per unit of gdp?
- Palau ranks 44th out of 199 countries with data for 2023.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 59.4%. The long-run trend across the full record is falling.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.