Net secondary income in Palau
Palau: Net secondary income was 25.84 million BoP, current US$ in 2023. ▲ Rising
Net secondary income in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Palau recorded 25.84 million BoP, current US$ for net secondary income in 2023.
That represents a change of down 59.1% on the previous year and down 0.4% over ten years.
Over the whole period, net secondary income in Palau peaked at 63.13 million BoP, current US$ in 2022 and was at its lowest, 18.31 million BoP, current US$, in 2015.
That places Palau 132nd out of 199 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.56 million BoP, current US$ | 20.82 million BoP, current US$ | 24.81 million BoP, current US$ | 5 |
| 2010s | 28.38 million BoP, current US$ | 18.31 million BoP, current US$ | 46.39 million BoP, current US$ | 10 |
| 2020s | 42.75 million BoP, current US$ | 25.84 million BoP, current US$ | 63.13 million BoP, current US$ | 4 |
Countries ranked near Palau
- 129 Central African Republic 63.40 million BoP, current US$ compare
- 130 Saint Vincent and the Grenadines 59.89 million BoP, current US$ compare
- 131 Tuvalu 29.37 million BoP, current US$ compare
- 133 Malta 22.65 million BoP, current US$ compare
- 134 Saint Lucia 21.33 million BoP, current US$ compare
- 135 Dominica 15.71 million BoP, current US$ compare
More economy & growth data for Palau
- Gross fixed capital formation 115.22 million current LCU (2024)
- Exports of goods and services 105.13 million current US$ (2024)
- Exports of goods and services 105.13 million current LCU (2024)
- Exports of goods and services 92.19 million constant 2015 US$ (2024)
- Exports of goods and services 40.6% (2024)
- Services, value added 234.96 million current LCU (2024)
- Exports of goods and services 32.7% (2024)
- Gross fixed capital formation 115.22 million current US$ (2024)
- Changes in inventories -2.80 million current US$ (2024)
- Gross fixed capital formation 35.8% (2024)
Frequently asked questions
- What is net secondary income in Palau?
- Net secondary income in Palau was 25.84 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Palau?
- The highest recorded value was 63.13 million BoP, current US$ in 2022.
- What is the lowest net secondary income recorded in Palau?
- The lowest recorded value was 18.31 million BoP, current US$ in 2015.
- How does Palau rank for net secondary income?
- Palau ranks 132nd out of 199 countries with data for 2023.
- Is net secondary income rising or falling in Palau?
- Over the last ten years it is down 0.4%. 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 Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.