Imports of goods and services in Palau: 73.1% (Imports, 2024 · 28th of 176). Imports of goods and services (% of GDP) in Palau: 73.1% in 2024, ranking 28th of 176 countries. In 2010 it was 76.7%.
Data last updated · Period: 2010–2024
Understanding the chart
The line chart above tracks imports of goods and services (% of GDP) in Palau for each year from 2010 to 2024, 15 data points in all. Each dot is one year; the first and last years and the highest point are labelled with their values, and the vertical scale is in % of gdp. All values in this period were above zero. The data table below the chart lists every value, and you can download the data, embed the chart or share it from the buttons above. The figures cover 2010–2024 and come from World Bank, World Development Indicators (CC BY 4.0).
Key insights
- Between 2010 and 2024, Palau's imports fell from 76.7% to 73.1%, a fall of 3.6 percentage points.
- The highest value in this period was 90.5% in 2014; the lowest was 70.6% in 2016.
- Recently, the figure has fallen in each of the last two years (2023: 80.6%; 2024: 73.1%).
- That is 45.0 percentage points above the world figure of 28.1%.
- Palau has the 28th-highest value of 176 countries with recent data.
- In Micronesia, Palau has the 4th-highest value of 7 countries with recent data; the highest is Nauru (103.7%), and the typical (median) value is 73.1%.
Analysis
Averaged over periods, the figure was 85.5% in 2010 to 2014, 74.9% in 2015 to 2019 and 79.2% in 2020 onwards. The value went up in 7 of the 14 year-to-year steps and down in 7. The biggest one-year rise came in 2022 (+15.2 percentage points). The biggest one-year fall came in 2015 (−15.9 percentage points). Year to year, the figure typically varied by about 6.5 percentage points around its average of 79.9%, a volatile pattern.
What it means
For businesses and investors, the figure is most useful alongside related measures for the same country, such as growth, inflation, population and incomes, and compared with similar countries. Compared with its neighbours in Micronesia, where the typical value is 73.1%, Palau is close to the regional norm.
Related figures
- Imports of goods and services (% of GDP) by country, 2025: 196.9% (highest: Hong Kong SAR, China). The value of goods and services bought from other countries, as a share of GDP.
- Imports of goods and services (% of GDP) in Micronesia, 2010–2025: 70.9% (Imports, 2025 · 29th of 176). Imports of goods and services (% of GDP) in Micronesia: 70.9% in 2025, ranking 29th of 176 countries.
- Imports of goods and services (% of GDP) in Guam, 2010–2022: 64.0% (Imports, 2022). Imports of goods and services (% of GDP) in Guam: 64.0% in 2022.
About this statistic
The value of goods and services bought from other countries, as a share of GDP. A high share means many products are sourced abroad, which can create openings for local alternatives and for importers.
Trade and investment flows show how open an economy is: exporters gain larger markets, importers gain cheaper inputs, and foreign investment brings capital and know-how. The figures come from the World Bank's World Development Indicators, which compile official national statistics in a consistent form so countries can be compared.
Questions and answers
What is the imports of goods and services (% of GDP) in Palau?
73.1% (Imports, 2024 · 28th of 176). Imports of goods and services (% of GDP) in Palau: 73.1% in 2024, ranking 28th of 176 countries. In 2010 it was 76.7%.
How has imports in Palau changed since 2010?
Between 2010 and 2024, Palau's imports fell from 76.7% to 73.1%, a fall of 3.6 percentage points. The highest value in this period was 90.5% in 2014; the lowest was 70.6% in 2016.
Where does this data come from?
From World Bank, World Development Indicators (CC BY 4.0), covering 2010–2024. The value of goods and services bought from other countries, as a share of GDP. A high share means many products are sourced abroad, which can create openings for local alternatives and for importers.
Data
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 2010 | 76.7% |
| 2011 | 85.8% |
| 2012 | 88.3% |
| 2013 | 86.4% |
| 2014 | 90.5% |
| 2015 | 74.6% |
| 2016 | 70.6% |
| 2017 | 77.0% |
| 2018 | 75.0% |
| 2019 | 77.2% |
| 2020 | 81.1% |
| 2021 | 73.0% |
| 2022 | 88.2% |
| 2023 | 80.6% |
| 2024 | 73.1% |
Source and notes
Source: World Bank, World Development Indicators (CC BY 4.0). Period: 2010–2024. Coverage: Palau.
The value of goods and services bought from other countries, as a share of GDP. A high share means many products are sourced abroad, which can create openings for local alternatives and for importers.
Cite this statistic
Please also credit the original source: World Bank, World Development Indicators (CC BY 4.0).Related statistics
- Imports of goods and services (% of GDP) by country, 2025
- Imports of goods and services (% of GDP) in Micronesia, 2010–2025
- Imports of goods and services (% of GDP) in Guam, 2010–2022
- Imports of goods and services (% of GDP) in Kiribati, 2010–2024
- Imports of goods and services (% of GDP) in Marshall Islands, 2010–2025
- GDP of Palau, 2010–2025
- Economic growth (GDP growth) in Palau, 2010–2025
- GDP per person in Palau, 2010–2025
- GDP per person, adjusted for prices (PPP, international $) in Palau, 2010–2023
All Palau data: economy, people, jobs and digital in one place
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