Palau's merchandise imports from economies in the Arab World (% of total merchandise imports) was 0.00546% in 2023, the latest year in the World Bank's World Development Indicators. That is down 0.000834 percentage points from 0.00629% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.00546% | 2023 |
| Five years earlier | 0.00903% | 2018 |
| Ten years earlier | 0.00629% | 2013 |
| Highest | 0.51% | 2014 |
| Lowest | 0.0000743% | 2008 |
| Average since 2014 | 0.06% | 2014–2023 |
| First recorded | 0.02% | 2007 |
What the numbers say
In 2023, Palau's merchandise imports from economies in the Arab World (% of total merchandise imports) fell 0 percentage points on 2022 (from 0.00605% to 0.00546%).
Across the 15 yearly changes before that (2008 to 2022), the average change was −0 percentage points and a typical year strayed about 0.18 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above 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 0.5 percentage points in 2014 and the biggest yearly fall was 0.47 percentage points in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about 0.03 percentage points a year. A straight line explains 30% 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
In 2023, Palau had the 188th highest value of the 191 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Palau | 0.00546% | 2023 |
| World | 5.46% | 2023 |
| East Asia & Pacific | 7.94% | 2023 |
| High income | 4.1% | 2023 |
Closest to Palau in the 2023 ranking
- Lao PDR — 185th of 191: 0.05%
- Bermuda — 186th of 191: 0.03%
- Bahamas, The — 187th of 191: 0.00832%
- Marshall Islands — 189th of 191: 0.00219%
- Korea, Dem. People's Rep. — 190th of 191: 0.00052%
- American Samoa — 191st of 191: 0.00000192%
What this measures
Merchandise imports from economies in the Arab World are the sum of merchandise imports by the reporting economy from economies in the Arab World. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 17 values
| Year | Merchandise imports from economies in the Arab World (% of total merchandise imports) |
|---|---|
| 2023 | 0.0055 |
| 2022 | 0.0061 |
| 2021 | 0.0074 |
| 2020 | 0.0086 |
| 2019 | 0.0081 |
| 2018 | 0.009 |
| 2017 | 0.0095 |
| 2016 | 0.0053 |
| 2015 | 0.034 |
| 2014 | 0.5075 |
Merchandise imports from economies in the Arab World (% of total merchandise imports) in nearby economies
- American Samoa — 0.00000192% (2023)
- Australia — 1.12% (2023)
- Brunei Darussalam — 15.39% (2023)
- Cambodia — 0.27% (2021)
- China — 8.82% (2023)
- Fiji — 0.25% (2017)
- French Polynesia — 0.25% (2023)
- Hong Kong SAR, China
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 merchandise imports from economies in the Arab World (% of total merchandise imports)?
- 0.00546% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is down 0.01 percentage points from 0.02% in 2007. The highest value was 0.51% in 2014 and the lowest 0.0000743% in 2008.
- How does Palau rank?
- 188th highest of 191 economies with data for 2023.
- Is the latest change in merchandise imports from economies in the Arab World (% of total merchandise imports) unusual for Palau?
- In 2023, Palau's merchandise imports from economies in the Arab World (% of total merchandise imports) fell 0 percentage points on 2022 (from 0.00605% to 0.00546%). Across the 15 yearly changes before that (2008 to 2022), the average change was −0 percentage points and a typical year strayed about 0.18 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations above 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 TM.VAL.MRCH.AL.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) 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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