Commercial service exports (current US$), per unit of GDP in Palau
Palau: Commercial service exports (current US$), per unit of GDP was 0.2022 current US$ per US$ of GDP in 2023. ▼ Falling
Commercial service exports (current US$), per unit of GDP in Palau, 2005–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, commercial service exports (current us$), per unit of gdp in Palau stood at 0.2022 current US$ per US$ of GDP.
The figure is up 72.0% on the previous year and down 62.8% over ten years.
Over the whole period, commercial service exports (current us$), per unit of gdp in Palau peaked at 0.5718 current US$ per US$ of GDP in 2015 and was at its lowest, 0.0352 current US$ per US$ of GDP, in 2021.
That places Palau 49th out of 198 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.
Commercial service exports (current US$), per unit of GDP in Palau, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2005 | 0.3756 current US$ per US$ of GDP | — |
| 2006 | 0.3585 current US$ per US$ of GDP | -4.6% |
| 2007 | 0.3868 current US$ per US$ of GDP | +7.9% |
| 2008 | 0.4277 current US$ per US$ of GDP | +10.6% |
| 2009 | 0.4465 current US$ per US$ of GDP | +4.4% |
| 2010 | 0.4441 current US$ per US$ of GDP | -0.5% |
| 2011 | 0.5119 current US$ per US$ of GDP | +15.3% |
| 2012 | 0.5334 current US$ per US$ of GDP | +4.2% |
| 2013 | 0.544 current US$ per US$ of GDP | +2.0% |
| 2014 | 0.5588 current US$ per US$ of GDP | +2.7% |
| 2015 | 0.5718 current US$ per US$ of GDP | +2.3% |
| 2016 | 0.4257 current US$ per US$ of GDP | -25.6% |
| 2017 | 0.3946 current US$ per US$ of GDP | -7.3% |
| 2018 | 0.3649 current US$ per US$ of GDP | -7.5% |
| 2019 | 0.3275 current US$ per US$ of GDP | -10.3% |
| 2020 | 0.194 current US$ per US$ of GDP | -40.8% |
| 2021 | 0.0352 current US$ per US$ of GDP | -81.8% |
| 2022 | 0.1176 current US$ per US$ of GDP | +234.0% |
| 2023 | 0.2022 current US$ per US$ of GDP | +72.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3991 current US$ per US$ of GDP | 0.3585 current US$ per US$ of GDP | 0.4465 current US$ per US$ of GDP | 5 |
| 2010s | 0.4677 current US$ per US$ of GDP | 0.3275 current US$ per US$ of GDP | 0.5718 current US$ per US$ of GDP | 10 |
| 2020s | 0.1372 current US$ per US$ of GDP | 0.0352 current US$ per US$ of GDP | 0.2022 current US$ per US$ of GDP | 4 |
Countries ranked near Palau
- 46 Iceland 0.2108 current US$ per US$ of GDP compare
- 47 Armenia 0.2082 current US$ per US$ of GDP compare
- 48 Djibouti 0.2028 current US$ per US$ of GDP compare
- 50 Gambia 0.2015 current US$ per US$ of GDP compare
- 51 Tuvalu 0.2001 current US$ per US$ of GDP compare
- 52 Portugal 0.1991 current US$ per US$ of GDP compare
More private sector data for Palau
- Merchandise trade 47.8% (2025)
- Food imports 23.0% (2018)
- Manufactures imports 50.8% (2018)
- Merchandise imports 162.00 million current US$ (2025)
- Food exports 88.7% (2018)
- Manufactures exports 9.0% (2018)
- Merchandise exports 3.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 169.85 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0087 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is commercial service exports (current us$), per unit of gdp in Palau?
- Commercial service exports (current us$), per unit of gdp in Palau was 0.2022 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest commercial service exports (current us$), per unit of gdp recorded in Palau?
- The highest recorded value was 0.5718 current US$ per US$ of GDP in 2015.
- What is the lowest commercial service exports (current us$), per unit of gdp recorded in Palau?
- The lowest recorded value was 0.0352 current US$ per US$ of GDP in 2021.
- How does Palau rank for commercial service exports (current us$), per unit of gdp?
- Palau ranks 49th out of 198 countries with data for 2023.
- Is commercial service exports (current us$), per unit of gdp rising or falling in Palau?
- Over the last ten years it is down 62.8%. 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 Commercial service exports (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Commercial service exports (current US$) ÷ GDP (current US$)
Computed from
- Commercial service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Commercial service exports (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.