Money sent or brought back by migrants as a share of gdp in Palau
Palau: Money sent or brought back by migrants as a share of gdp was 0.8032 in 2023. ▬ Flat
Latest (2023)
0.8032
Change on year
down 6.0%
World rank
133rd
of 194 countries
All-time high
1.1
in 2012
All-time low
0.7787
in 2016
Years of data
19
2005–2023
Money sent or brought back by migrants as a share of gdp in Palau, 2005–2023
Source: Our World in Data.
Analysis
The most recent figure for money sent or brought back by migrants as a share of gdp in Palau is 0.8032, measured in 2023.
That represents a change of down 6.0% on the previous year and down 23.0% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Palau peaked at 1.1 in 2012 and was at its lowest, 0.7787, in 2016.
That places Palau 133rd out of 194 countries with data for 2023, putting it in the middle of the range.
Money sent or brought back by migrants as a share of gdp in Palau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 0.7945 | — |
| 2006 | 0.8084 | +1.8% |
| 2007 | 0.7803 | -3.5% |
| 2008 | 0.8062 | +3.3% |
| 2009 | 0.8642 | +7.2% |
| 2010 | 0.9146 | +5.8% |
| 2011 | 1.01 | +10.2% |
| 2012 | 1.1 | +8.9% |
| 2013 | 1.04 | -5.0% |
| 2014 | 0.9038 | -13.3% |
| 2015 | 0.8028 | -11.2% |
| 2016 | 0.7787 | -3.0% |
| 2017 | 0.8169 | +4.9% |
| 2018 | 0.8046 | -1.5% |
| 2019 | 0.8384 | +4.2% |
| 2020 | 0.8788 | +4.8% |
| 2021 | 0.7977 | -9.2% |
| 2022 | 0.8542 | +7.1% |
| 2023 | 0.8032 | -6.0% |
Palau compared with similar countries
- Palau's 0.8032 is above the median for high income countries, which is 0.7013, 1.1× the median. (69 countries reporting)
- Palau's 0.8032 is below the median for East Asia & Pacific, which is 3.4, 24% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8107 | 0.7803 | 0.8642 | 5 |
| 2010s | 0.9009 | 0.7787 | 1.1 | 10 |
| 2020s | 0.8335 | 0.7977 | 0.8788 | 4 |
Countries ranked near Palau
- 130 Poland 0.9137 compare
- 131 Mauritania 0.869 compare
- 132 Costa Rica 0.8293 compare
- 134 Sweden 0.7814 compare
- 135 Trinidad and Tobago 0.7692 compare
- 136 Iceland 0.7297 compare
More population data for Palau
- Population regions with projections, annual growth rate -0.5888 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -9.22 % change on previous year (2050)
- Population long run with projections, annual growth rate -0.5888 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate -0.426 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 16.69 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population -0.2005 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.7366 % change on previous year (2100)
- Population growth rate -0.611 (2100)
- Population density 24.23 (2100)
- Projected population under age 5 539 (2100)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Palau?
- Money sent or brought back by migrants as a share of gdp in Palau was 0.8032 in 2023, according to Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Palau?
- The highest recorded value was 1.1 in 2012.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Palau?
- The lowest recorded value was 0.7787 in 2016.
- How does Palau rank for money sent or brought back by migrants as a share of gdp?
- Palau ranks 133rd out of 194 countries with data for 2023.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Palau?
- Over the last ten years it is down 23.0%. The long-run trend across the full record is flat.
- Where does this Palau data come from?
- The figures come from Our World in Data, published as part of Money sent or brought back by migrants as a share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).