Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Palau

Merchandise trade (% of GDP) in Palau in 2025 — 47.83%. Ranked 110 in the world out of 189. Since 1994, the indicator has fallen by 2.11 pp.

2025 47.83% +3.97 pp vs 2024
World rank 110of 189
Period maximum 92.94%2000
Period minimum 43.86%2024

Trend over time

1994–2025 · % of GDP

Merchandise trade (% of GDP) — Palau, 1994–20254060801001994199820022006201020142018202220251994: 49.93%1995: 54.54%1996: 55.27%1997: 65.34%1998: 49.64%1999: 63.1%2000: 92.94%2001: 73.38%2002: 71.93%2003: 62.11%2004: 67.92%2005: 63.56%2006: 67.62%2007: 64.79%2008: 70.34%2009: 52.16%2010: 61.32%2011: 69.17%2012: 70.26%2013: 77.79%2014: 71.71%2015: 55.08%2016: 53.08%2017: 64.83%2018: 62.45%2019: 69.87%2020: 60.23%2021: 66.97%2022: 86.88%2023: 73.51%2024: 43.86%2025: 47.83%
Change over the period: −2.11 pp Annual average: -0.07 pp

Comparison, 2025

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

Palau 47.83%
World 43.89%
Micronesia (subregion) computed 82.2%
Merchandise trade (% of GDP) — Palau, by year Palau All countries CSV XLSX
Year % Change, pp
2025 47.83 +3.97 pp
2024 43.86 −29.65 pp
2023 73.51 −13.37 pp
2022 86.88 +19.91 pp
2021 66.97 +6.73 pp
2020 60.23 −9.63 pp
2019 69.87 +7.42 pp
2018 62.45 −2.38 pp
2017 64.83 +11.75 pp
2016 53.08 −2 pp
2015 55.08 −16.63 pp
2014 71.71 −6.08 pp
2013 77.79 +7.53 pp
2012 70.26 +1.08 pp
2011 69.17 +7.86 pp
2010 61.32 +9.16 pp
2009 52.16 −18.18 pp
2008 70.34 +5.54 pp
2007 64.79 −2.83 pp
2006 67.62 +4.06 pp
2005 63.56 −4.37 pp
2004 67.92 +5.81 pp
2003 62.11 −9.82 pp
2002 71.93 −1.45 pp
2001 73.38 −19.57 pp
2000 92.94 +29.84 pp
1999 63.1 +13.47 pp
1998 49.64 −15.7 pp
1997 65.34 +10.07 pp
1996 55.27 +0.74 pp
1995 54.54 +4.6 pp
1994 49.93

Micronesia, 2025

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

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

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