Current account balance (credit less debit), Net (credits less) in Palau
Palau: Current account balance (credit less debit), Net (credits less) 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) 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% |
Palau compared with similar countries
- Palau's -134.25 million is below the median for high income countries, which is 547.38 million. (72 countries reporting)
- Palau's -134.25 million is below the median for East Asia & Pacific, which is 65.63 million. (33 countries reporting)
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
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 34.97 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -0.0064 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0013 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 25.53 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0018 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 34.97 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -0.0064 % change on previous year (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.