Transport services in Palau
Palau: Transport services was 4.9% in 2023. ▲ Rising
Transport services in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
In 2023, transport services in Palau stood at 4.9%.
The figure is down 46.0% on the previous year and up 59.3% over ten years.
Over the whole period, transport services in Palau peaked at 12.3% in 2021 and was at its lowest, 2.9%, in 2014.
That places Palau 163rd out of 198 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Transport services in Palau, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2005 | 4.6% | — |
| 2006 | 4.7% | +3.5% |
| 2007 | 4.1% | -12.4% |
| 2008 | 4.4% | +6.6% |
| 2009 | 3.9% | -11.7% |
| 2010 | 3.8% | -3.3% |
| 2011 | 3.3% | -10.9% |
| 2012 | 3.3% | -2.6% |
| 2013 | 3.1% | -4.8% |
| 2014 | 2.9% | -7.6% |
| 2015 | 4.0% | +40.4% |
| 2016 | 5.3% | +30.8% |
| 2017 | 5.9% | +11.3% |
| 2018 | 5.3% | -9.1% |
| 2019 | 5.8% | +7.9% |
| 2020 | 4.7% | -17.9% |
| 2021 | 12.3% | +159.8% |
| 2022 | 9.1% | -25.5% |
| 2023 | 4.9% | -46.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | 3.9% | 4.7% | 5 |
| 2010s | 4.3% | 2.9% | 5.9% | 10 |
| 2020s | 7.8% | 4.7% | 12.3% | 4 |
Countries ranked near Palau
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 transport services in Palau?
- Transport services in Palau was 4.9% in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Palau?
- The highest recorded value was 12.3% in 2021.
- What is the lowest transport services recorded in Palau?
- The lowest recorded value was 2.9% in 2014.
- How does Palau rank for transport services?
- Palau ranks 163rd out of 198 countries with data for 2023.
- Is transport services rising or falling in Palau?
- Over the last ten years it is up 59.3%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Transport services (% of service exports, BoP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.