Remittances, annual growth rate in Palau
Palau: Remittances, annual growth rate was -5.98 % change on previous year in 2023. ◆ Volatile
Remittances, annual growth rate in Palau, 2006–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, remittances, annual growth rate in Palau stood at -5.98 % change on previous year.
The figure is down 184.3% on the previous year and down 19.1% over ten years.
Over the whole period, remittances, annual growth rate in Palau peaked at 10.22 % change on previous year in 2011 and was at its lowest, -13.35 % change on previous year, in 2014.
Palau ranks 129th of 189 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances, annual growth rate in Palau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2006 | 1.75 % change on previous year | — |
| 2007 | -3.47 % change on previous year | -298.3% |
| 2008 | 3.31 % change on previous year | -195.5% |
| 2009 | 7.2 % change on previous year | +117.2% |
| 2010 | 5.83 % change on previous year | -19.0% |
| 2011 | 10.22 % change on previous year | +75.3% |
| 2012 | 8.94 % change on previous year | -12.5% |
| 2013 | -5.02 % change on previous year | -156.1% |
| 2014 | -13.35 % change on previous year | +165.9% |
| 2015 | -11.17 % change on previous year | -16.3% |
| 2016 | -3 % change on previous year | -73.1% |
| 2017 | 4.91 % change on previous year | -263.6% |
| 2018 | -1.51 % change on previous year | -130.8% |
| 2019 | 4.21 % change on previous year | -377.9% |
| 2020 | 4.82 % change on previous year | +14.4% |
| 2021 | -9.23 % change on previous year | -291.7% |
| 2022 | 7.09 % change on previous year | -176.8% |
| 2023 | -5.98 % change on previous year | -184.3% |
Palau compared with similar countries
- Palau's -5.98 % change on previous year is below the median for high income countries, which is -0.999 % change on previous year, 6.0× the median. (67 countries reporting)
- Palau's -5.98 % change on previous year is below the median for East Asia & Pacific, which is -2.48 % change on previous year, 2.4× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2 % change on previous year | -3.47 % change on previous year | 7.2 % change on previous year | 4 |
| 2010s | 0.0051 % change on previous year | -13.35 % change on previous year | 10.22 % change on previous year | 10 |
| 2020s | -0.8261 % change on previous year | -9.23 % change on previous year | 7.09 % change on previous year | 4 |
Countries ranked near Palau
- 126 Sri Lanka -5.8 % change on previous year compare
- 127 Georgia -5.9 % change on previous year compare
- 128 Grenada -5.91 % change on previous year compare
- 130 Hong Kong -5.98 % change on previous year compare
- 131 Montenegro -5.99 % change on previous year compare
- 132 Vanuatu -5.99 % change on previous year compare
More reference data data for Palau
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Political regime fh 2 (2025)
- Political regime lexical 7 (2025)
- Elections for the governments chief executive 1 (2025)
- Competitive elections lexical 1 (2025)
- Universal suffrage men lexical 1 (2025)
Frequently asked questions
- What is remittances, annual growth rate in Palau?
- Remittances, annual growth rate in Palau was -5.98 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest remittances, annual growth rate recorded in Palau?
- The highest recorded value was 10.22 % change on previous year in 2011.
- What is the lowest remittances, annual growth rate recorded in Palau?
- The lowest recorded value was -13.35 % change on previous year in 2014.
- How does Palau rank for remittances, annual growth rate?
- Palau ranks 129th out of 189 countries with data for 2023.
- Is remittances, annual growth rate rising or falling in Palau?
- Over the last ten years it is down 19.1%. The long-run trend across the full record is volatile.
- Where does this Palau data come from?
- The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Remittances Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.