Palau - Service exports in current prices

22,382,000 (US dollars) in 2022

In 2022, service exports for Palau was 22.4 million US dollars. Between 2015 and 2022, service exports in Palau was decreasing on average by 3.30% each year, although before that, it grew from 84 million US dollars in 2010 to 164 million US dollars in 2015.

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What is service exports?

Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993)

What is Palau service exports?