Palau's international tourism, expenditures for travel items (current US$) was US$13.7 million in 2017, the latest year in the World Bank's World Development Indicators. That is up 63.1% from US$8.4 million in 2007 (5.01% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$13.7 million | 2017 |
| Five years earlier | US$10.2 million | 2012 |
| Ten years earlier | US$8.4 million | 2007 |
| Highest | US$14.3 million | 2016 |
| Lowest | US$2 million | 1998 |
| Average since 2008 | US$9.94 million | 2008–2017 |
| First recorded | US$2 million |
What the numbers say
In 2017, Palau's international tourism, expenditures for travel items (current US$) fell 4.2% on 2016 (from US$14.3 million to US$13.7 million).
Across the 18 yearly changes before that (1999 to 2016), the average change was +17.8% and a typical year strayed about 51.9% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 215% in 2000 and the biggest yearly fall was 21% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2008 to 2017 the straight-line trend is upward, about US$866,667 a year. A straight line explains 82% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Palau | US$13.7 million | 2017 |
| World | US$1.4 trillion | 2019 |
| East Asia & Pacific | US$495.58 billion | 2019 |
| High income | US$861.88 billion | 2019 |
What this measures
International tourism expenditures are expenditures of international outbound visitors in other countries. The goods and services are purchased by, or on behalf of, the traveler or provided, without a quid pro quo, for the traveler to use or give away. These may include expenditures by residents traveling abroad as same-day visitors, except in cases where these are so important as to justify a separate classification. Excluded is the international carriage of travelers, which is covered in passenger travel items. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 20 values
| Year | International tourism, expenditures for travel items (current US$) |
|---|---|
| 2017 | 13,700,000 |
| 2016 | 14,300,000 |
| 2015 | 12,800,000 |
| 2014 | 9,400,000 |
| 2013 | 10,200,000 |
| 2012 | 10,200,000 |
| 2011 | 8,300,000 |
| 2010 | 6,000,000 |
| 2009 | 6,400,000 |
| 2008 | 8,100,000 |
International tourism, expenditures for travel items (current US$) in nearby economies
- Australia — US$6.49 billion (2020)
- Brunei Darussalam — US$97 million (2020)
- Cambodia — US$169 million (2020)
- China — US$130.5 billion (2020)
- Fiji — US$75 million (2020)
- French Polynesia — US$177 million (2018)
- Hong Kong SAR, China — US$5.52 billion (2020)
- Indonesia — US$1.65 billion (2020)
- Japan
More private sector & trade data for Palau
- Merchandise trade (% of GDP) — 47.83% (2025)
- Merchandise imports (current US$) — US$162 million (2025)
- Merchandise exports (current US$) — US$3 million (2025)
- International tourism, number of arrivals — 18,400 (2020)
- Import unit value index (2015 = 100) — 125.2 (2025)
- Export unit value index (2015 = 100) — 121.7 (2025)
- Merchandise imports from high-income economies (% of total merchandise imports) — 84.82% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 0.78% (2023)
- Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Reading data like this
Questions people ask
- What is Palau's international tourism, expenditures for travel items (current US$)?
- US$13.7 million in 2017, according to the World Bank (World Development Indicators).
- How has it changed since 1998?
- It is up 585% from US$2 million in 1998 (10.66% a year on average, compounded). The highest value was US$14.3 million in 2016 and the lowest US$2 million in 1998.
- Is the latest change in international tourism, expenditures for travel items (current US$) unusual for Palau?
- In 2017, Palau's international tourism, expenditures for travel items (current US$) fell 4.2% on 2016 (from US$14.3 million to US$13.7 million). Across the 18 yearly changes before that (1999 to 2016), the average change was +17.8% and a typical year strayed about 51.9% from that (the standard deviation). This year's change was 0.4 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator ST.INT.TVLX.CD, licensed CC BY 4.0. Original source: Yearbook of Tourism Statistics, Compendium of Tourism Statistics and data files, UN Tourism Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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