Labor force | 11,610 (2016) |
---|---|
Industrial production growth rate | -19.56% (2022 est.) |
Industries | tourism, fishing, subsistence agriculture |
Population below poverty line | |
Taxes and other revenues | 17.93% (of GDP) (2020 est.) |
Fiscal year | |
Exchange rates | |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 31 December 2015 | $580.9 million (31 December 2015 est.) |
Current account balance | |
Current account balance 2022 | -$135.428 million (2022 est.) |
Current account balance 2021 | -$115.739 million (2021 est.) |
Current account balance 2020 | -$115.61 million (2020 est.) |
Public debt | |
Public debt 2019 | 85.24% of GDP (2019 est.) |
Budget | |
Revenues | $173.256 million (2019 est.) |
Expenditures | $175.508 million (2019 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 0.38% of GDP (2023 est.) |
Remittances 2022 | 0.81% of GDP (2022 est.) |
Remittances 2021 | 0.82% of GDP (2021 est.) |
Imports | |
Imports 2022 | $216.681 million (2022 est.) |
Imports 2021 | $169.938 million (2021 est.) |
Imports 2020 | $207.224 million (2020 est.) |
Imports (partners) | China 35%, US 14%, South Korea 13%, Japan 8%, Italy 6% (2022) |
Comodities Imports force | ships, refined petroleum, iron structures, plastic products, electric batteries (2022) |
Exports | |
Imports 2022 | $216.681 million (2022 est.) |
Imports 2021 | $169.938 million (2021 est.) |
Imports 2020 | $207.224 million (2020 est.) |
Exports (partners) | Greece 27%, Japan 26%, France 18%, Taiwan 8%, US 7% (2022) |
Comodities Exports force | ships, computers, machine parts, scrap iron, fish (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $284.695 million (2023 est.) |
Real GDP (purchasing power parity) 2022 | $283.424 million (2022 est.) |
Real GDP (purchasing power parity) 2021 | $284.454 million (2021 est.) |
GDP (official exchange rate) | $263.021 million (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $15,800 (2023 est.) |
Real GDP per capita 2022 | $15,700 (2022 est.) |
Real GDP per capita 2021 | $15,800 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 3.4% (2022 est.) |
Industry | 12.3% (2022 est.) |
Services | 80.1% (2022 est.) |
GDP - composition, by end use | |
Household consumption | 82% (2022 est.) |
Government consumption | 38.3% (2022 est.) |
Investment in fixed capital | 38.7% (2022 est.) |
Investment in inventories | 1.2% (2022 est.) |
Exports of goods and services | 14.2% (2022 est.) |
Imports of goods and services | -78.3% (2022 est.) |
Unemployment rate | |
Unemployment rate 2015 | 1.7% (2015 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 5.6% (2014) |
Want to know more about Palau? Check all different factbooks for Palau below.