Merchandise exports to low- and middle-income economies in Latin in Palau
Palau: Merchandise exports to low- and middle-income economies in Latin was 27.7% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Palau, 2000–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Palau is 27.7%, measured in 2023. That is the highest value across all 24 years on record.
That represents a change of up 9.2% on the previous year and up 1,044.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Palau peaked at 27.7% in 2023 and was at its lowest, 0.2%, in 2002.
That places Palau 11th out of 203 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Palau, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 2000 | 1.3% | — |
| 2001 | 1.5% | +10.6% |
| 2002 | 0.2% | -84.2% |
| 2003 | 3.6% | +1443.3% |
| 2004 | 2.9% | -19.0% |
| 2005 | 0.7% | -76.7% |
| 2006 | 0.4% | -44.2% |
| 2007 | 3.6% | +848.8% |
| 2008 | 0.6% | -82.2% |
| 2009 | 3.5% | +448.0% |
| 2010 | 1.8% | -49.1% |
| 2011 | 2.2% | +27.2% |
| 2012 | 1.7% | -22.4% |
| 2013 | 2.4% | +39.1% |
| 2014 | 1.7% | -31.9% |
| 2015 | 13.1% | +691.0% |
| 2016 | 1.1% | -91.7% |
| 2017 | 2.8% | +162.7% |
| 2018 | 2.2% | -22.3% |
| 2019 | 7.4% | +233.8% |
| 2020 | 8.3% | +13.0% |
| 2021 | 4.3% | -48.9% |
| 2022 | 25.4% | +495.8% |
| 2023 | 27.7% | +9.2% |
Palau compared with similar countries
- Palau's 27.7% is above the median for high income countries, which is 1.7%, 16.4× the median. (74 countries reporting)
- Palau's 27.7% is above the median for East Asia & Pacific, which is 0.9%, 30.2× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin in Palau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +1443.3% | 0.2% | 3.6% |
| 2007 | +848.8% | 0.4% | 3.6% |
| 2015 | +691.0% | 1.7% | 13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 0.2% | 3.6% | 10 |
| 2010s | 3.6% | 1.1% | 13.1% | 10 |
| 2020s | 16.4% | 4.3% | 27.7% | 4 |
Countries ranked near Palau
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 merchandise exports to low- and middle-income economies in latin in Palau?
- Merchandise exports to low- and middle-income economies in latin in Palau was 27.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Palau?
- The highest recorded value was 27.7% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Palau?
- The lowest recorded value was 0.2% in 2002.
- How does Palau rank for merchandise exports to low- and middle-income economies in latin?
- Palau ranks 11th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Palau?
- Over the last ten years it is up 1,044.0%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.