Palau: Merchandise exports to high-income economies (% of total merchandise exports)
In , Palau's Merchandise exports to high-income economies (% of total merchandise exports) was 68.54.
That's down 2.0% from 2022, the highest value since .
The global average for this indicator in 2023 was 60.91 . Palau ranks #93 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #11 of 36.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 96.96
- Trough
- 68.54
- 1-year change
- -2.0%
- 5-year change
- -20.5%
- -4.5% / yr
- 10-year change
- -28.7%
- -3.3% / yr
Historical Data — Last 10 Years
| Year | Merchandise exports to high-income economies (% of total merchandise exports) |
|---|---|
| 68.5408 | |
| 69.9631 | |
| 86.9192 | |
| 75.0816 | |
| 86.1639 | |
| 86.1780 | |
| 93.4538 | |
| 96.1193 | |
| 82.6219 | |
| 96.5417 |
About Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TX.VAL.MRCH.HI.ZS • Category: Trade & Finance
Frequently asked questions
- What was Palau's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
- In 2023, Palau's Merchandise exports to high-income economies (% of total merchandise exports) was 68.54, according to World Bank Open Data.
- Is Palau's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
- Palau's Merchandise exports to high-income economies (% of total merchandise exports) fell 2.0% from 2022 to 2023.
- How does Palau rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
- In 2023, Palau ranked #93 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
- How does Palau's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
- The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Palau is above the world average. Within East Asia & Pacific, it ranks #11 of 36.
- What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
- Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.