Palau - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Palau was 65.97 as of 2020. Its highest value over the past 20 years was 95.01 in 2000, while its lowest value was 51.19 in 2009.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
2000 95.01
2001 74.57
2002 71.70
2003 62.35
2004 68.41
2005 61.96
2006 67.05
2007 63.85
2008 70.61
2009 51.19
2010 60.77
2011 68.56
2012 71.09
2013 79.60
2014 72.83
2015 55.62
2016 53.97
2017 65.90
2018 63.22
2019 71.85
2020 65.97

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade