Terms of trade adjustment in Palau
Palau: Terms of trade adjustment was -7.95 million constant LCU in 2024. ◆ Volatile
Terms of trade adjustment in Palau, 2005–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, terms of trade adjustment in Palau stood at -7.95 million constant LCU.
The figure is down 29.3% on the previous year and down 595.0% over ten years.
Over the whole period, terms of trade adjustment in Palau peaked at 12.53 million constant LCU in 2016 and was at its lowest, -12.49 million constant LCU, in 2011.
That places Palau 104th out of 178 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment in Palau, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2005 | -6.24 million constant LCU | — |
| 2006 | -4.72 million constant LCU | -24.3% |
| 2007 | -2.23 million constant LCU | -52.7% |
| 2008 | -1.51 million constant LCU | -32.4% |
| 2009 | -1.41 million constant LCU | -6.6% |
| 2010 | -5.60 million constant LCU | +296.7% |
| 2011 | -12.49 million constant LCU | +123.1% |
| 2012 | -8.93 million constant LCU | -28.5% |
| 2013 | -1.46 million constant LCU | -83.7% |
| 2014 | -1.14 million constant LCU | -21.6% |
| 2015 | 8.32 million constant LCU | -827.6% |
| 2016 | 12.53 million constant LCU | +50.6% |
| 2017 | 5.53 million constant LCU | -55.9% |
| 2018 | 1.15 million constant LCU | -79.2% |
| 2019 | 0 constant LCU | -100.0% |
| 2020 | 736,462 constant LCU | — |
| 2021 | -630,142 constant LCU | -185.6% |
| 2022 | -4.12 million constant LCU | +554.4% |
| 2023 | -6.15 million constant LCU | +49.1% |
| 2024 | -7.95 million constant LCU | +29.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.22 million constant LCU | -6.24 million constant LCU | -1.41 million constant LCU | 5 |
| 2010s | -208,376 constant LCU | -12.49 million constant LCU | 12.53 million constant LCU | 10 |
| 2020s | -3.62 million constant LCU | -7.95 million constant LCU | 736,462 constant LCU | 5 |
Countries ranked near Palau
- 103 Turkmenistan -1.74 million constant LCU
- 105 Tonga -19.57 million constant LCU compare
- 106 Malta -25.07 million constant LCU compare
- 107 El Salvador -37.65 million constant LCU 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)
- Gdp worldbank constant usd, annual growth rate 6.29 % change on previous year (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.37 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 1 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 1 (2025)
- Gdp worldbank constant usd, per capita 15,617 units per person (2025)
- Manufacturing value added to gdp, per capita 0.0001 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 2,268 current LCU per person (2024)
Frequently asked questions
- What is terms of trade adjustment in Palau?
- Terms of trade adjustment in Palau was -7.95 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest terms of trade adjustment recorded in Palau?
- The highest recorded value was 12.53 million constant LCU in 2016.
- What is the lowest terms of trade adjustment recorded in Palau?
- The lowest recorded value was -12.49 million constant LCU in 2011.
- How does Palau rank for terms of trade adjustment?
- Palau ranks 104th out of 178 countries with data for 2024.
- Is terms of trade adjustment rising or falling in Palau?
- Over the last ten years it is down 595.0%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.
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About this data
The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.