Exports (% of GDP) — all countries

Exports (% of GDP) — Palau

Exports (% of GDP) in Palau in 2024 — 32.7%. Ranked 93 in the world out of 172. Since 2005, the indicator has fallen by 11.34 pp.

2024 32.7% +6.56 pp vs 2023
World rank 93of 172
Period maximum 55.84%2012
Period minimum 6.58%2021

Trend over time

2005–2024 · % of GDP

Exports (% of GDP) — Palau, 2005–20240204060200520072009201120132015201720192021202320242005: 44.03%2006: 46.11%2007: 43.63%2008: 46.7%2009: 43.05%2010: 46.36%2011: 52.33%2012: 55.84%2013: 54.46%2014: 55.31%2015: 53.64%2016: 48.2%2017: 45.63%2018: 42.78%2019: 38.32%2020: 23.32%2021: 6.58%2022: 15.44%2023: 26.14%2024: 32.7%
Change over the period: −11.34 pp Annual average: -0.6 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Palau

Palau 32.7%
World 29.08%
Micronesia (subregion) computed 26.55%
Exports (% of GDP) — Palau, by year Palau All countries CSV XLSX
Year % Change, pp
2024 32.7 +6.56 pp
2023 26.14 +10.7 pp
2022 15.44 +8.86 pp
2021 6.58 −16.74 pp
2020 23.32 −15 pp
2019 38.32 −4.45 pp
2018 42.78 −2.85 pp
2017 45.63 −2.58 pp
2016 48.2 −5.44 pp
2015 53.64 −1.67 pp
2014 55.31 +0.85 pp
2013 54.46 −1.38 pp
2012 55.84 +3.51 pp
2011 52.33 +5.96 pp
2010 46.36 +3.31 pp
2009 43.05 −3.65 pp
2008 46.7 +3.07 pp
2007 43.63 −2.47 pp
2006 46.11 +2.07 pp
2005 44.03

Micronesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Exports of goods and services as a percent of GDP — a measure of how far an economy is oriented toward external markets. In small open economies and transit hubs the indicator can exceed 100% of GDP: exports are counted at the full value of the goods while GDP is counted as value added, so re-exports and assembly production inflate the figure.

Source: World Development Indicators (World Bank), license CC BY 4.0.