Current account balance (credit less debit), Net (credits less debits) in Palau
Palau: Current account balance (credit less debit), Net (credits less debits) was -134.25 million in 2023. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Palau, 2005–2023
Source: International Monetary Fund.
Analysis
Palau recorded -134.25 million for current account balance (credit less debit), net (credits less debits) in 2023. That is the lowest value across all 19 years on record.
The figure is down 14.6% on the previous year and down 359.6% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Palau peaked at -6.14 million in 2009 and was at its lowest, -134.25 million, in 2023.
That places Palau 97th out of 198 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -39.58 million | — |
| 2006 | -48.79 million | +23.3% |
| 2007 | -36.19 million | -25.8% |
| 2008 | -34.22 million | -5.4% |
| 2009 | -6.14 million | -82.0% |
| 2010 | -18.68 million | +204.1% |
| 2011 | -25.34 million | +35.7% |
| 2012 | -34.48 million | +36.1% |
| 2013 | -29.21 million | -15.3% |
| 2014 | -48.39 million | +65.7% |
| 2015 | -24.25 million | -49.9% |
| 2016 | -48.85 million | +101.5% |
| 2017 | -66.29 million | +35.7% |
| 2018 | -53.73 million | -18.9% |
| 2019 | -85.81 million | +59.7% |
| 2020 | -113.64 million | +32.4% |
| 2021 | -95.97 million | -15.5% |
| 2022 | -117.10 million | +22.0% |
| 2023 | -134.25 million | +14.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -32.98 million | -48.79 million | -6.14 million | 5 |
| 2010s | -43.50 million | -85.81 million | -18.68 million | 10 |
| 2020s | -115.24 million | -134.25 million | -95.97 million | 4 |
Countries ranked near Palau
More financial sector data for Palau
- Official exchange rate 1 LCU per US$, period average (2025)
- Net migration -16 (2025)
- Net migration, annual growth rate -14.29 % change on previous year (2025)
- GDP deflator: linked series 123.21 base year varies by country (2025)
- Inflation, GDP deflator: linked series 1.0% (2025)
- Reserve assets 0 US dollar (2022)
- Banking crisis dummy 0 1=banking crisis, 0=none (2017)
- Total assets, Adjusted using IMF accounting records 687.53 million US dollar (2022)
- Consumer price index 160.77 2010 = 100 (2025)
- Use of IMF Credit and Loans, Percent of quota per annum 0 (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Palau?
- Current account balance (credit less debit), net (credits less debits) in Palau was -134.25 million in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Palau?
- The highest recorded value was -6.14 million in 2009.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Palau?
- The lowest recorded value was -134.25 million in 2023.
- How does Palau rank for current account balance (credit less debit), net (credits less debits)?
- Palau ranks 97th out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Palau?
- Over the last ten years it is down 359.6%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.