Personal remittances, paid in Palau
Palau: Personal remittances, paid was 17.56 million current US$ in 2023. ▲ Rising
Personal remittances, paid in Palau, 2005–2023
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for personal remittances, paid in Palau is 17.56 million current US$, measured in 2023.
The figure is up 19.1% on the previous year and up 78.5% over ten years.
Over the whole period, personal remittances, paid in Palau peaked at 19.68 million current US$ in 2018 and was at its lowest, 8.99 million current US$, in 2010.
That places Palau 177th out of 195 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.53 million current US$ | 9.28 million current US$ | 11.70 million current US$ | 5 |
| 2010s | 14.07 million current US$ | 8.99 million current US$ | 19.68 million current US$ | 10 |
| 2020s | 16.18 million current US$ | 14.61 million current US$ | 17.80 million current US$ | 4 |
Countries ranked near Palau
- 174 French Polynesia 22.66 million current US$ compare
- 175 Burundi 22.36 million current US$ compare
- 176 Vanuatu 19.06 million current US$ compare
- 178 Micronesia (country) 17.33 million current US$ compare
- 179 Saint Lucia 16.17 million current US$ compare
- 180 Marshall Islands 15.89 million current US$ compare
More economy & growth data for Palau
- Gross fixed capital formation 115.22 million current US$ (2024)
- Gross national expenditure 147.9% (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 US$ (2024)
- Exports of goods and services 32.7% (2024)
- Gross fixed capital formation 35.8% (2024)
- Industry (including construction), value added 13.0% (2024)
Frequently asked questions
- What is personal remittances, paid in Palau?
- Personal remittances, paid in Palau was 17.56 million current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Palau?
- The highest recorded value was 19.68 million current US$ in 2018.
- What is the lowest personal remittances, paid recorded in Palau?
- The lowest recorded value was 8.99 million current US$ in 2010.
- How does Palau rank for personal remittances, paid?
- Palau ranks 177th out of 195 countries with data for 2023.
- Is personal remittances, paid rising or falling in Palau?
- Over the last ten years it is up 78.5%. The long-run trend across the full record is rising.
- Where does this Palau data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.