Secondary income, other sectors, payments in Palau
Palau: Secondary income, other sectors, payments was 19.56 million BoP, current US$ in 2023. ▲ Rising
Secondary income, other sectors, payments in Palau, 2005–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Palau recorded 19.56 million BoP, current US$ for secondary income, other sectors, payments in 2023.
Compared with earlier readings it is up 17.3% on the previous year and up 35.2% over ten years.
Over the whole period, secondary income, other sectors, payments in Palau peaked at 21.73 million BoP, current US$ in 2015 and was at its lowest, 12.71 million BoP, current US$, in 2010.
That places Palau 182nd out of 197 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.16 million BoP, current US$ | 12.82 million BoP, current US$ | 15.16 million BoP, current US$ | 5 |
| 2010s | 17.45 million BoP, current US$ | 12.71 million BoP, current US$ | 21.73 million BoP, current US$ | 10 |
| 2020s | 18.02 million BoP, current US$ | 16.17 million BoP, current US$ | 19.67 million BoP, current US$ | 4 |
Countries ranked near Palau
- 179 Faroe Islands 24.20 million BoP, current US$ compare
- 180 Mauritania 23.81 million BoP, current US$ compare
- 181 Burundi 19.91 million BoP, current US$ compare
- 183 Djibouti 18.16 million BoP, current US$ compare
- 184 Micronesia (country) 16.16 million BoP, current US$ compare
- 185 Chad 15.98 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 secondary income, other sectors, payments in Palau?
- Secondary income, other sectors, payments in Palau was 19.56 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Palau?
- The highest recorded value was 21.73 million BoP, current US$ in 2015.
- What is the lowest secondary income, other sectors, payments recorded in Palau?
- The lowest recorded value was 12.71 million BoP, current US$ in 2010.
- How does Palau rank for secondary income, other sectors, payments?
- Palau ranks 182nd out of 197 countries with data for 2023.
- Is secondary income, other sectors, payments rising or falling in Palau?
- Over the last ten years it is up 35.2%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.