high-income Pacific island economy; environmentally fragile; subsistence agriculture and fishing industries; US aid reliance; rebounding post-pandemic tourism industry and services sector; very high living standard and low unemployment
$248.468 million (2021 est.)
$286.694 million (2020 est.)
$315.42 million (2019 est.)
note: data are in 2017 dollars
-13.33% (2021 est.)
-9.11% (2020 est.)
0.4% (2019 est.)
$13,800 (2021 est.) note: data are in 2017 dollars
$16,000 (2020 est.) note: data are in 2017 dollars
$17,600 (2019 est.)
$292 million (2017 est.)
2.61% (2021 est.)
0.22% (2020 est.)
0.27% (2019 est.)
agriculture: 3% (2016 est.)
industry: 19% (2016 est.)
services: 78% (2016 est.)
household consumption: 60.5% (2016 est.)
government consumption: 27.2% (2016 est.)
investment in fixed capital: 22.7% (2016 est.)
investment in inventories: 1.9% (2016 est.)
exports of goods and services: 55.2% (2016 est.)
imports of goods and services: -67.6% (2016 est.)
coconuts, cassava (manioc, tapioca), sweet potatoes; fish, pigs, chickens, eggs, bananas, papaya, breadfruit, calamansi, soursop, Polynesian chestnuts, Polynesian almonds, mangoes, taro, guava, beans, cucumbers, squash/pumpkins (various), eggplant, green onions, kangkong (watercress), cabbages (various), radishes, betel nuts, melons, peppers, noni, okra
tourism, fishing, subsistence agriculture
-3.42% (2021 est.) NA
11,610 (2016)
1.7% (2015 est.)
4.1% (2012)
total: 5.6% (2014)
male: NA
female: NA
24.9% (2006) NA
lowest 10%: NA
highest 10%: NA
0.86% of GDP (2020 est.)
0.78% of GDP (2019 est.)
0.76% of GDP (2018 est.)
revenues: $122 million (2019 est.)
expenditures: $121 million (2019 est.)
8.8% (of GDP) (2016 est.)
86.13% of GDP (2019 est.)
84.75% of GDP (2018 est.)
79.83% of GDP (2017 est.)
18.59% (of GDP) (2020 est.)
1 October - 30 September
-$63.534 million (2021 est.)
-$106.379 million (2020 est.)
-$97.48 million (2019 est.)
$12.07 million (2021 est.)
$58.349 million (2020 est.)
$107.823 million (2019 est.)
Japan 34%, Taiwan 16%, Turkey 16%, Italy 12%, United States 9% (2021)
computers, scrap vessels, recreational boats, scrap iron, fish, scrap copper, scrap aluminum (2021)
$180.38 million (2021 est.)
$215.97 million (2020 est.)
$226.594 million (2019 est.)
China 34%, United States 21%, South Korea 12%, Japan 8%, Taiwan 6% (2021)
refined petroleum, boat propellers, iron structures, cars, floating docks, broadcasting equipment, prefabricated buildings (2021)
$0 (31 December 2017 est.)
$580.9 million (31 December 2015 est.)
$18.38 billion (31 December 2014 est.)
$16.47 billion (31 December 2013 est.)
1 (2021 est.)
1 (2020 est.)
1 (2019 est.)
1 (2018 est.)
1 (2017 est.)
the US dollar is used
NOTE: The information regarding Palau on this page is re-published from the 2024 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Palau 2024 information contained here. All suggestions for corrections of any errors about Palau 2024 should be addressed to the CIA or the source cited on each page.
This page was last modified 04 May 24, Copyright © 2024 ITA all rights reserved.
