Service imports in Palau in 2023 — 43,003,000 US$. Ranked 178 in the world out of 179. Since 2005, the indicator has risen by 39.1%.
2005–2023 · US$
How the value compares with the world and the groups this territory belongs to: Palau
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2023 | 43M | −18.34M | −29.9% |
| 2022 | 61.34M | +17.79M | +40.83% |
| 2021 | 43.56M | −11.21M | −20.47% |
| 2020 | 54.77M | −9.82M | −15.21% |
| 2019 | 64.59M | +1.63M | +2.6% |
| 2018 | 62.95M | −5.36M | −7.85% |
| 2017 | 68.32M | +5.15M | +8.15% |
| 2016 | 63.17M | +10.53M | +20% |
| 2015 | 52.64M | +8.6M | +19.52% |
| 2014 | 44.04M | +1.06M | +2.47% |
| 2013 | 42.98M | −2.14M | −4.74% |
| 2012 | 45.12M | +6.1M | +15.63% |
| 2011 | 39.02M | −3.94M | −9.17% |
| 2010 | 42.96M | +6.54M | +17.94% |
| 2009 | 36.43M | −3.79M | −9.42% |
| 2008 | 40.21M | +4.29M | +11.94% |
| 2007 | 35.93M | +2.63M | +7.9% |
| 2006 | 33.3M | +2.38M | +7.68% |
| 2005 | 30.92M | — | — |
The same indicator for neighboring countries — with links to their pages
Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.
Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much a country sells abroad in services — tourism, transport, communications, software.
Trade Imports of goods and servicesThe value of goods brought in and of services received from non-residents.
Trade Trade balanceThe difference between exports and imports of goods and services. A minus means imports are larger.
Trade Exports of goods and servicesThe value of goods shipped out and of services provided to non-residents, in US dollars.
Trade Exports (% of GDP)How far the economy is oriented toward external markets.
Trade Imports (% of GDP)How far the economy depends on supplies from abroad.
