Service imports (BoP, current US$), per unit of GDP in Palau
Palau: Service imports (BoP, current US$), per unit of GDP was 0.1557 BoP, current US$ per US$ of GDP in 2023. ▲ Rising
Service imports (BoP, current US$), per unit of GDP in Palau, 2005–2023
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2023, service imports (bop, current us$), per unit of gdp in Palau stood at 0.1557 BoP, current US$ per US$ of GDP. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 37.2% on the previous year and down 18.0% over ten years.
Over the whole period, service imports (bop, current us$), per unit of gdp in Palau peaked at 0.2479 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.1557 BoP, current US$ per US$ of GDP, in 2023.
That places Palau 58th out of 199 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Service imports (BoP, current US$), per unit of GDP in Palau, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.1665 BoP, current US$ per US$ of GDP | — |
| 2006 | 0.1745 BoP, current US$ per US$ of GDP | +4.8% |
| 2007 | 0.1833 BoP, current US$ per US$ of GDP | +5.0% |
| 2008 | 0.202 BoP, current US$ per US$ of GDP | +10.2% |
| 2009 | 0.1979 BoP, current US$ per US$ of GDP | -2.0% |
| 2010 | 0.2331 BoP, current US$ per US$ of GDP | +17.8% |
| 2011 | 0.1999 BoP, current US$ per US$ of GDP | -14.2% |
| 2012 | 0.2099 BoP, current US$ per US$ of GDP | +5.0% |
| 2013 | 0.19 BoP, current US$ per US$ of GDP | -9.5% |
| 2014 | 0.1794 BoP, current US$ per US$ of GDP | -5.5% |
| 2015 | 0.1859 BoP, current US$ per US$ of GDP | +3.6% |
| 2016 | 0.2082 BoP, current US$ per US$ of GDP | +12.0% |
| 2017 | 0.2356 BoP, current US$ per US$ of GDP | +13.1% |
| 2018 | 0.2184 BoP, current US$ per US$ of GDP | -7.3% |
| 2019 | 0.2291 BoP, current US$ per US$ of GDP | +4.9% |
| 2020 | 0.2115 BoP, current US$ per US$ of GDP | -7.7% |
| 2021 | 0.1846 BoP, current US$ per US$ of GDP | -12.7% |
| 2022 | 0.2479 BoP, current US$ per US$ of GDP | +34.3% |
| 2023 | 0.1557 BoP, current US$ per US$ of GDP | -37.2% |
Palau compared with similar countries
- Palau's 0.1557 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.1373 BoP, current US$ per US$ of GDP, 1.1× the median. (72 countries reporting)
- Palau's 0.1557 BoP, current US$ per US$ of GDP is above the median for East Asia & Pacific, which is 0.1335 BoP, current US$ per US$ of GDP, 1.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.1849 BoP, current US$ per US$ of GDP | 0.1665 BoP, current US$ per US$ of GDP | 0.202 BoP, current US$ per US$ of GDP | 5 |
| 2010s | 0.209 BoP, current US$ per US$ of GDP | 0.1794 BoP, current US$ per US$ of GDP | 0.2356 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.1999 BoP, current US$ per US$ of GDP | 0.1557 BoP, current US$ per US$ of GDP | 0.2479 BoP, current US$ per US$ of GDP | 4 |
Countries ranked near Palau
- 55 Jamaica 0.1571 BoP, current US$ per US$ of GDP compare
- 56 Solomon Islands 0.1568 BoP, current US$ per US$ of GDP compare
- 57 Bahamas 0.1562 BoP, current US$ per US$ of GDP compare
- 59 Iceland 0.1549 BoP, current US$ per US$ of GDP compare
- 60 Finland 0.1544 BoP, current US$ per US$ of GDP compare
- 61 Mauritius 0.1526 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 imports (bop, current us$), per unit of gdp in Palau?
- Service imports (bop, current us$), per unit of gdp in Palau was 0.1557 BoP, current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest service imports (bop, current us$), per unit of gdp recorded in Palau?
- The highest recorded value was 0.2479 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest service imports (bop, current us$), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.1557 BoP, current US$ per US$ of GDP in 2023.
- How does Palau rank for service imports (bop, current us$), per unit of gdp?
- Palau ranks 58th out of 199 countries with data for 2023.
- Is service imports (bop, current us$), per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 18.0%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Service imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.