Palau
General information
Capital: Koror
Currency unit: US dollar
Area: 460 km²
Total population: 17,695
GDP (millions of US dollars): 277
GDP per capita, PPP (current international US dollars): 18,230
Production
Agriculture (% of GDP): 3.5 %
Manufacture (% of GDP): 1.2 %
Industry excluding manufacture (% of GDP): 11.1 %
Services (% of GDP): 84.2 %
Trade
Total exports (millions of US dollars): 64
Total imports (millions of US dollars): 207
Main exported goods (% of total exports):
Ships, boats & floating structures (86.4 %)
Fish, fresh (live or dead), chilled or frozen (2.6 %)
Ferrous waste, scrape; remelting ingots, iron, steel (2.3 %)
Engines & motors, non-electric; parts (2.1 %)
Non-ferrous base metal waste and scrap (1.6 %)
Price competitiveness
This section brings together various indicators related to the price dimension of countries’ competitiveness. These indicators include both measures of external price competitiveness (the price ratio between domestic and foreign goods in international markets) and internal price competitiveness (the price ratio between tradable and non-tradable domestic goods). All these indices are calculated for each country relative to a base year and constructed such that an increase in the index corresponds to a decline in the country’s price competitiveness.
| Palau | ||
|---|---|---|
| Price competitiveness | - | |
| Nominal Effective Exchange Rate Palau: 114 | 114 | |
| Real Effective Exchange Rate Palau: 119 | 119 | |
| Internal Real Exchange Rate Palau: 83 | 83 |