Volume of remittances (in United States dollars) as a proportion of in Palau
Palau: Volume of remittances (in United States dollars) as a proportion of was 0.8% in 2023. ▬ Flat
Latest (2023)
0.8%
Change on year
down 7.6%
World rank
141st
of 203 countries
All-time high
1.1%
in 2012
All-time low
0.8%
in 2007
Years of data
19
2005–2023
Volume of remittances (in United States dollars) as a proportion of in Palau, 2005–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, volume of remittances (in united states dollars) as a proportion of in Palau stood at 0.8%.
Compared with earlier readings it is down 7.6% on the previous year and down 23.9% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Palau peaked at 1.1% in 2012 and was at its lowest, 0.8%, in 2007.
That places Palau 141st out of 203 countries with data for 2023, putting it in the middle of the range.
Volume of remittances (in United States dollars) as a proportion of in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.8% | — |
| 2006 | 0.8% | +3.1% |
| 2007 | 0.8% | -4.4% |
| 2008 | 0.8% | +4.8% |
| 2009 | 0.8% | +5.0% |
| 2010 | 0.9% | +7.0% |
| 2011 | 1.0% | +10.4% |
| 2012 | 1.1% | +10.6% |
| 2013 | 1.1% | -3.8% |
| 2014 | 0.9% | -14.2% |
| 2015 | 0.8% | -12.3% |
| 2016 | 0.8% | -2.3% |
| 2017 | 0.8% | +4.8% |
| 2018 | 0.8% | -0.7% |
| 2019 | 0.8% | +4.1% |
| 2020 | 0.9% | +3.8% |
| 2021 | 0.8% | -6.5% |
| 2022 | 0.9% | +6.6% |
| 2023 | 0.8% | -7.6% |
Palau compared with similar countries
- Palau's 0.8% is above the median for high income countries, which is 0.7%, 1.1× the median. (66 countries reporting)
- Palau's 0.8% is below the median for East Asia & Pacific, which is 3.8%, 21% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.8% | 0.8% | 5 |
| 2010s | 0.9% | 0.8% | 1.1% | 10 |
| 2020s | 0.8% | 0.8% | 0.9% | 4 |
Countries ranked near Palau
- 138 Aruba 1.0% compare
- 139 Poland 0.9% compare
- 140 Mauritania 0.9% compare
- 142 Trinidad and Tobago 0.8% compare
- 143 Costa Rica 0.8% compare
- 144 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 volume of remittances (in united states dollars) as a proportion of in Palau?
- Volume of remittances (in united states dollars) as a proportion of in Palau was 0.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Palau?
- The highest recorded value was 1.1% in 2012.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Palau?
- The lowest recorded value was 0.8% in 2007.
- How does Palau rank for volume of remittances (in united states dollars) as a proportion of?
- Palau ranks 141st out of 203 countries with data for 2023.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Palau?
- Over the last ten years it is down 23.9%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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