Palau: Current account, in dollars
* indicates monthly or quarterly data series
Palau |
Current account balance, billion USD |
---|---|
Latest value | -0.14 |
Year | 2022 |
Measure | billion U.S. dollars |
Data availability | 2005 - 2022 |
Average | -0.05 |
Min - Max | -0.14 - -0.01 |
Source | The World Bank |
The latest value from 2022 is -0.14 billion U.S. dollars, a decline from -0.12 billion U.S. dollars in 2021. In comparison, the world average is 2.00 billion U.S. dollars, based on data from 162 countries. Historically, the average for Palau from 2005 to 2022 is -0.05 billion U.S. dollars. The minimum value, -0.14 billion U.S. dollars, was reached in 2022 while the maximum of -0.01 billion U.S. dollars was recorded in 2009.
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Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Selected articles from our guide:
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Terms of trade | 91.07 | 2021 | percent |
Trade openness | 92.54 | 2022 | percent |
Exports, percent of GDP | 14.20 | 2022 | percent |
Exports, billion dollars | 0.03 | 2022 | billion U.S. dollars |
Growth of exports | 137.19 | 2022 | percent |
Imports, percent of GDP | 78.34 | 2022 | percent |
Imports, billion dollars | 0.19 | 2022 | billion U.S. dollars |
Foreign Direct Investment, percent of GDP | 18.18 | 2023 | percent |
Foreign Direct Investment, billion dollars | 0.07 | 2022 | billion U.S. dollars |
Current account, percent of GDP | -60.03 | 2022 | percent |
Current account, in dollars | -0.14 | 2022 | billion U.S. dollars |
Trade balance, percent of GDP | -64.14 | 2022 | percent |
Trade balance, in dollars | -0.19 | 2022 | billion U.S. dollars |
Remittances, percent of GDP | 0.38 | 2023 | percent |
Remittances | 1.00 | 2023 | million U.S. dollars |
Net errors and omissions | -11.78 | 2022 | million USD |