Commercial service imports in Palau
Palau: Commercial service imports was 41.35 million current US$ in 2023. ▲ Rising
Commercial service imports in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2023, commercial service imports in Palau stood at 41.35 million current US$.
The figure is down 30.7% on the previous year and down 1.4% over ten years.
Over the whole period, commercial service imports in Palau peaked at 66.62 million current US$ in 2017 and was at its lowest, 29.87 million current US$, in 2005.
That places Palau 196th out of 198 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 34.17 million current US$ | 29.87 million current US$ | 38.92 million current US$ | 5 |
| 2010s | 51.12 million current US$ | 37.89 million current US$ | 66.62 million current US$ | 10 |
| 2020s | 48.79 million current US$ | 41.35 million current US$ | 59.65 million current US$ | 4 |
Countries ranked near Palau
- 193 Turks and Caicos Islands 74.41 million current US$ compare
- 194 Micronesia (country) 73.61 million current US$ compare
- 195 Marshall Islands 64.21 million current US$ compare
- 197 Tuvalu 26.83 million current US$ compare
- 198 Eritrea 23.69 million current US$ compare
More private sector data for Palau
- Food exports 88.7% (2018)
- Food imports 23.0% (2018)
- Manufactures imports 50.8% (2018)
- Merchandise imports 162.00 million current US$ (2025)
- Merchandise trade 47.8% (2025)
- Manufactures exports 9.0% (2018)
- Merchandise exports 3.00 million current US$ (2025)
- Commercial service exports 55.85 million current US$ (2023)
- Transport services 58.2% (2023)
- Computer, communications and other services 13.1% (2023)
Frequently asked questions
- What is commercial service imports in Palau?
- Commercial service imports in Palau was 41.35 million current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Palau?
- The highest recorded value was 66.62 million current US$ in 2017.
- What is the lowest commercial service imports recorded in Palau?
- The lowest recorded value was 29.87 million current US$ in 2005.
- How does Palau rank for commercial service imports?
- Palau ranks 196th out of 198 countries with data for 2023.
- Is commercial service imports rising or falling in Palau?
- Over the last ten years it is down 1.4%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.
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About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.