Remittances in Palau
Palau: Remittances was 0.8032 in 2023. ▬ Flat
Latest (2023)
0.8032
Change on year
down 6.0%
World rank
133rd
of 194 countries
All-time high
1.1
in 2012
All-time low
0.7787
in 2016
Years of data
19
2005–2023
Remittances in Palau, 2005–2023
Source: Our World in Data.
Analysis
Palau recorded 0.8032 for remittances in 2023.
The figure is down 6.0% on the previous year and down 23.0% over ten years.
Over the whole period, remittances in Palau peaked at 1.1 in 2012 and was at its lowest, 0.7787, in 2016.
Palau ranks 133rd of 194 countries on this measure, in the middle of the range.
Remittances in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.7945 | — |
| 2006 | 0.8084 | +1.8% |
| 2007 | 0.7803 | -3.5% |
| 2008 | 0.8062 | +3.3% |
| 2009 | 0.8642 | +7.2% |
| 2010 | 0.9146 | +5.8% |
| 2011 | 1.01 | +10.2% |
| 2012 | 1.1 | +8.9% |
| 2013 | 1.04 | -5.0% |
| 2014 | 0.9038 | -13.3% |
| 2015 | 0.8028 | -11.2% |
| 2016 | 0.7787 | -3.0% |
| 2017 | 0.8169 | +4.9% |
| 2018 | 0.8046 | -1.5% |
| 2019 | 0.8384 | +4.2% |
| 2020 | 0.8788 | +4.8% |
| 2021 | 0.7977 | -9.2% |
| 2022 | 0.8542 | +7.1% |
| 2023 | 0.8032 | -6.0% |
Palau compared with similar countries
- Palau's 0.8032 is above the median for high income countries, which is 0.7013, 1.1× the median. (69 countries reporting)
- Palau's 0.8032 is below the median for East Asia & Pacific, which is 3.4, 24% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8107 | 0.7803 | 0.8642 | 5 |
| 2010s | 0.9009 | 0.7787 | 1.1 | 10 |
| 2020s | 0.8335 | 0.7977 | 0.8788 | 4 |
Countries ranked near Palau
- 130 Poland 0.9137 compare
- 131 Mauritania 0.869 compare
- 132 Costa Rica 0.8293 compare
- 134 Sweden 0.7814 compare
- 135 Trinidad and Tobago 0.7692 compare
- 136 Iceland 0.7297 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 in Palau?
- Remittances in Palau was 0.8032 in 2023, according to Our World in Data.
- What is the highest remittances recorded in Palau?
- The highest recorded value was 1.1 in 2012.
- What is the lowest remittances recorded in Palau?
- The lowest recorded value was 0.7787 in 2016.
- How does Palau rank for remittances?
- Palau ranks 133rd out of 194 countries with data for 2023.
- Is remittances rising or falling in Palau?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).