Official Name: | The Republic of Palau |
Sovereign Status: | Sovereign Country |
Government Type: | Presidential Republic in Free Association with the US |
Official Name (Local Language): | Beluu er a Belau |
ISO Country Codes: | PW : PLW |
Internet Domain: | .pw |
Government Web Site: | http://www.palaugov.net |
Capital: | Melekeok | Main Airports: | Babelthuap Airport |
Language(s): | English; Palauan | Population: | 21,613 |
Currency: | US Dollar | ISO Currency Code: | USD |
Telephone Dial In: | +680 | ID Prefix: | 00 |
Government Website: | http://www.palaugov.net |
Central Bank: | U.S. Federal Reserve |
Currency USD Exchange Rate: | Palua uses the US Dollar |
Unemployment Rate: | 1.7% (2015 est.) |
Population below poverty line: | 24.9% NA (2006) |
Inflation Rate: | 0.9% (2017 est.) |
Prime Lending Rate: | N\A |
GDP: | $0.292 billion |
GDP Pro Capita (PPP): | $17,579 (2019 est.) |
Currency Name: | US Dollar |
Currency Code: | USD |
World Bank Classification: | High Income |
GDP Composition:
Agriculture: | 3% | coconuts, cassava (manioc, tapioca), sweet potatoes; fish, pigs, chickens, eggs, banana, papaya, breadfruit, calamansi, soursop, Polynesian chestnut, Polynesian almond, mango, taro, guava, beans, cucumber, squash/pumpkin (various), eggplant, green onion, |
Industry: | 19% | tourism, fishing, subsistence agriculture |
Services: | 78% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | English; Palauan |
Customs & Excise: | Bureau of Revenue and Taxation |
Development Bank(s): | Asian Development Bank; National Development Bank of Palau; Pacific Islands Development Bank (PIDB); |
Competitive Ind’l Performance: N/A | Corruption Perceptions Index: N/A |
Ease of Doing Business: 145/190 (2019) | Enabling Trade Index: N/A |
Global Trade Alert | Search ITC's Lega Carta |
Export Credit Agency: Caribbean Export Development Agency ;
Investment & Export Promotion Agency: Pacific Trade Invest ;
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