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Palau: Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)

In , Palau's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 14.40.

That's down 33.9% from 2022, the highest value since .

The global average for this indicator in 2023 was 20.25 . Palau ranks #121 globally out of 205 reporting countries. Within East Asia & Pacific, it ranks #31 of 36.

Source: World Bank Open Data (TM.VAL.MRCH.R1.ZS) • Data as of 2023

Trend (2004–2023)

Palau Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
21.78
Trough
3.57
1-year change
-33.9%
5-year change
+22.0%
+4.1% / yr
10-year change
+99.5%
+7.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
14.4013
21.7844
16.9940
15.4601
14.7014
11.8072
12.6362
10.9277
12.3812
11.3712

About Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)

Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. 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.

Indicator code: TM.VAL.MRCH.R1.ZSCategory: Trade & Finance

Frequently asked questions

What was Palau's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023?
In 2023, Palau's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) was 14.40, according to World Bank Open Data.
Is Palau's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) rising or falling?
Palau's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) fell 33.9% from 2022 to 2023.
How does Palau rank globally on Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)?
In 2023, Palau ranked #121 out of 205 countries reporting Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports).
How does Palau's Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) compare to the world average?
The global average for Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) in 2023 was 20.25, so Palau is below the world average. Within East Asia & Pacific, it ranks #31 of 36.
What is Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports) and how is it measured?
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. 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.
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Source: World Bank Open Data (TM.VAL.MRCH.R1.ZS), CC BY 4.0.