Editing Economy of Palau (section)

==Economic statistics==

===Income===
'''Gross Domestic Product (GDP)''':
[[purchasing power parity]] – $132 million (2009 est.)
(GDP estimate includes U.S. subsidy)

'''GDP – real growth rate''':
1% (2009 est.)

'''GDP – per capita''':
purchasing power parity – $8 500 (2009 est.)

'''GDP – composition by sector'''
* ''agriculture'': N/A
* ''industry'': N/A
* ''services'': N/A

'''Population below poverty line''':
N/A

'''Household income or consumption by percentage share'''
* ''lowest 10%'': N/A
* ''highest 10%'': N/A

===Inflation===
'''Inflation rate (consumer prices)''':
3.4% (2000 est.)

===Workforce===
'''Labor force''':
10 200 (2000)

'''Labor force – by occupation'''
* ''Agriculture'': 20%
* ''Industry'': N/A
* ''Services'': N/A
(1990)

'''Unemployment rate''':
4.2% (2000 est.)

===Budget===
* ''Revenues'': $57.81 million
* ''Expenditures'': $80.8 million, including capital expenditures of $17.1 million (FY 98/99 est.)

===Industries===
Dominant industries include tourism, craft items (from shell, wood, pearls), construction, and garment making.

'''Industrial production growth rate''':
N/A

===Electricity===
'''Electricity – production''':
200 MWh (1996)

'''Electricity – production by source'''
* ''Fossil fuels'': 85%
* ''Hydro'': 15%
* ''Nuclear'': 0%
* ''Other'': 0%
(1996)

'''Electricity – consumption''':
200 MWh (1996)

'''Electricity – exports''':
0 kWh (1996)

'''Electricity – imports''':
0 kWh (1996)

===Trade===
'''Agriculture – products''':
coconuts, [[copra]], [[cassava]] (tapioca), sweet potatoes

'''Exports''':
$18 million (f.o.b., 2001)

'''Exports – commodities''':
[[trochus]] (type of shellfish), tuna, copra, handicrafts

'''Exports – partners''':
Japan 70.1%, South Korea 15.1% United States 7.1% (2019)<ref>{{Cite web|url=https://oec.world/en/profile/country/plw|title=Palau (PLW) Exports, Imports, and Trade Partners &#124; OEC|website=OEC – The Observatory of Economic Complexity}}</ref>

'''Imports''':
$99 million (f.o.b., 2001 est.)

'''Imports – commodities''':
machinery and equipment, fuels, metals, foodstuffs

'''Imports – partners''':
South Korea 18.7%, China 18.2%, Taiwan 16.9%, United States 16.5%, Japan 16%, (2019)

===Debt and aid===
'''Debt – external''':
$18.4 Billion (2014 estimate).<ref>{{cite web |title=Palau |url=https://www.cia.gov/the-world-factbook/countries/palau/ |website=CIA World Factbook |access-date=31 May 2022}}</ref> Palau ranks as one of the countries with the [[List of countries by external debt|highest external debt]] as a share of GDP.

'''Economic aid – recipient''':
$155.8 million. Note: the Compact of Free Association with the U.S., entered into after the end of the UN [[trusteeship]] on 1 October 1994, provides Palau with up to $700 million in U.S. aid over 15 years in return for furnishing military facilities.