Palau Economic Statistics and Indicators

22, Sep 2018, EDT. Welcome to the Palau economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Palau › Change country
National or Regional Currency: US Dollar, US$
Year of data: 2015 › Change year
Number of Indicators Listed: 28
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 21,186 (July 2014 est.)
Area: total: 459 sq km ; land: 459 sq km ; water: 0 sq km
Natural Resources: forests, minerals (especially gold), marine products, deep-seabed minerals
Capital: name: Melekeok ; geographic coordinates: 7 29 N, 134 38 E ; time difference: UTC+9 (14 hours ahead of Washington, DC, during Standard Time)

The economy consists of tourism and other services such as trade, subsistence agriculture, and fishing. Government is a major employer of the work force relying on financial assistance from the US under the Compact of Free Association (Compact) with the US. The Compact took effect, after the end of the UN trusteeship on 1 October 1994. The US provided Palau with roughly $700 million in aid for the first 15 years following commencement of the Compact in 1994 in return for unrestricted access to its land and waterways for strategic purposes. Business and leisure tourist arrivals numbered over 109,000 in 2011, for a 27% increase over 2010. The population enjoys a per capita income roughly double that of the Philippines and much of Micronesia. Long-run prospects for tourism have been bolstered by the expansion of air travel in the Pacific, the rising prosperity of industrial East Asia, and the willingness of foreigners to finance infrastructure development. Proximity to Guam, the region's major destination for tourists from East Asia, and a regionally competitive tourist infrastructure enhance Palau's advantage as a destination.

Economic Indicator Listing
  For Palau in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 9.384 %
GDP (Current Prices, National Currency)US$ 0.287 Billion.
GDP (Current Prices, US Dollars)US$ 0.287 Billion
GDP Deflator 143.027 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)US$ 11,235.90 .
GDP Per Capita (Current Prices, National Currency)US$ 16,070.42 .
GDP Per Capita (Current Prices, US Dollars)US$ 16,070.42
GDP (PPP), US DollarsUS$ 0.272 Billion
GDP Per Capita (PPP), US DollarsUS$ 15,182.36
GDP Share of World Total (PPP) -- %
Implied PPP Conversion Rate 1.058
Investment (% of GDP) 22.475 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 122.563 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 2.199 %
Inflation, End of Year (Indexed to Year 2000) 124.17 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 2.657 %
Import Volume of All Items Including Goods and Services (Percent Change) 9.604 %
Import Volumes of Goods Only (Percent Change) 8.511 %
Export Volume of All Items Including Goods and Services (Percent Change) 12.964 %
Export Volumes of Goods Only (Percent Change) 15.644 %
Population 0.018 Million
General government revenue (National Currency)US$ 0.116 Billions.
General government revenue (% of GDP) 40.487 %
General government total expenditure (National Currency)US$ 0.101 Billions.
General government total expenditure (% of GDP) 35.172 %
Total Government Net Lending/ Borrowing (National Currency)US$ 0.015 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 5.316 %
Fiscal Year Gross Domestic Product, Current PricesUS$ 0.287 Billions.
Current Account Balance (US Dollars)US$ -0.001 Billion
Current Account Balance (% GDP) -0.505 %
Economic Indicators for Palau 2015

GDP (Constant Prices, National Currency) for Palau in year 2015 is US$ 0.201 Billion.

GDP Growth (Constant Prices, National Currency) for Palau in year 2015 is 9.384 %.

GDP (Current Prices, National Currency) for Palau in year 2015 is US$ 0.287 Billion.

GDP (Current Prices, US Dollars) for Palau in year 2015 is US$ 0.287 Billion.

GDP Deflator for Palau in year 2015 is 143.027 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Palau in year 2015 is US$ 11,235.90 .

GDP Per Capita (Current Prices, National Currency) for Palau in year 2015 is US$ 16,070.42 .

GDP Per Capita (Current Prices, US Dollars) for Palau in year 2015 is US$ 16,070.42 .

GDP (PPP), US Dollars for Palau in year 2015 is US$ 0.272 Billion.

GDP Per Capita (PPP), US Dollars for Palau in year 2015 is US$ 15,182.36 .

GDP Share of World Total (PPP) for Palau in year 2015 is -- %.

Implied PPP Conversion Rate for Palau in year 2015 is 1.058 .

Investment (% of GDP) for Palau in year 2015 is 22.475 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Palau in year 2015 is 122.563 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Palau in year 2015 is 2.199 %.

Inflation, End of Year (Indexed to Year 2000) for Palau in year 2015 is 124.17 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Palau in year 2015 is 2.657 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Palau in year 2015 is 9.604 %.

Import Volumes of Goods Only (Percent Change) for Palau in year 2015 is 8.511 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Palau in year 2015 is 12.964 %.

Export Volumes of Goods Only (Percent Change) for Palau in year 2015 is 15.644 %.

Population for Palau in year 2015 is 0.018 Million .

General government revenue (National Currency) for Palau in year 2015 is US$ 0.116 Billions.

General government revenue (% of GDP) for Palau in year 2015 is 40.487 %.

General government total expenditure (National Currency) for Palau in year 2015 is US$ 0.101 Billions.

General government total expenditure (% of GDP) for Palau in year 2015 is 35.172 %.

Total Government Net Lending/ Borrowing (National Currency) for Palau in year 2015 is US$ 0.015 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Palau in year 2015 is 5.316 %.

Fiscal Year Gross Domestic Product, Current Prices for Palau in year 2015 is US$ 0.287 Billions.

Current Account Balance (US Dollars) for Palau in year 2015 is US$ -0.001 Billion.

Current Account Balance (% GDP) for Palau in year 2015 is -0.505 %.

* Source: IMF
Aggregate Indicators for Palau
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Palau
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Palau
  Natural Resources, Agricultural Products, Land Use and Water Use for Palau
  Nationality, Ethnic Groups, Languages and Religions for Palau
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Palau
  Age Structure, Median Age, Gender and Urbanization for Palau
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Palau
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Palau
  HIV, AIDS and Other Major Infectious Disease Rates for Palau
  Literacy Rate, Educational Expenditure and School Life Expectancy for Palau
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Palau
  Industries and Industrial Growth Production Rate for Palau
  Labor Force by Occupation for Palau
  Poverty Line, Gini Index, Household Income and Consumption for Palau
  National Budget and Public Debt for Palau
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Palau
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Palau
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Palau
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Palau
  Foreign Exchange Reserves and Gold Reserves for Palau
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Palau
  Exchange Rate Statistics for Palau
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Palau
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Palau
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Palau
  Television and Radio Statistics (TV Stats, Radio Stats) for Palau
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Palau
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Palau
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Palau
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Palau
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Palau
* Source: CIA
Internet Indicators for Palau
Indicators
  Number of Internet Users for Palau
  Internet Penetration Rate for Palau
  Number of Facebook Accounts for Palau
  Facebook Penetration Rate for Palau
* Source: IWS
Palau Economic Indicators in other Years
  Palau Economic Indicators for Year 2021 (Forecast)
  Palau Economic Indicators for Year 2020 (Forecast)
  Palau Economic Indicators for Year 2019 (Forecast)
  Palau Economic Indicators for Year 2018 (Forecast)
  Palau Economic Indicators for Year 2017 (Forecast)
  Palau Economic Indicators for Year 2016 (Forecast)
Palau Economic Indicators for Year 2015 (Current)
  Palau Economic Indicators for Year 2014
  Palau Economic Indicators for Year 2013
  Palau Economic Indicators for Year 2012
  Palau Economic Indicators for Year 2011
  Palau Economic Indicators for Year 2010
  Palau Economic Indicators for Year 2009
  Palau Economic Indicators for Year 2008
  Palau Economic Indicators for Year 2007
  Palau Economic Indicators for Year 2006
  Palau Economic Indicators for Year 2005
  Palau Economic Indicators for Year 2004
  Palau Economic Indicators for Year 2003
  Palau Economic Indicators for Year 2002
  Palau Economic Indicators for Year 2001
  Palau Economic Indicators for Year 2000
  Palau Economic Indicators for Year 1999
  Palau Economic Indicators for Year 1998
  Palau Economic Indicators for Year 1997
  Palau Economic Indicators for Year 1996
  Palau Economic Indicators for Year 1995
  Palau Economic Indicators for Year 1994
  Palau Economic Indicators for Year 1993
  Palau Economic Indicators for Year 1992
  Palau Economic Indicators for Year 1991
  Palau Economic Indicators for Year 1990
  Palau Economic Indicators for Year 1989
  Palau Economic Indicators for Year 1988
  Palau Economic Indicators for Year 1987
  Palau Economic Indicators for Year 1986
  Palau Economic Indicators for Year 1985
  Palau Economic Indicators for Year 1984
  Palau Economic Indicators for Year 1983
  Palau Economic Indicators for Year 1982
  Palau Economic Indicators for Year 1981
  Palau Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International