Palau Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Palau's trade openness was 96.10% in 2025, ranked 80th globally. This represents a 9.9% decrease from 2024. Data from World Bank, covering 2005–2025.
Overview
Palau's trade openness stood at 96.10% in 2025, a decline of +10.60% from 2023. Based on recent trends, this figure is projected to reach 96.10% by 2025. Palau ranked 80th globally.
Palau's trade openness has fluctuated significantly over the past two decades, with a peak of 145.70 in 2014 and a trough of 81.15 in 2021. The country's trade openness, as measured by the World Bank, reached its highest rank globally in 2014, although its actual openness value at that time was not the highest globally. Palau's openness value in 2025 stands at 96.10, ranking it among the top 80 globally. A comparison with peer countries reveals that Palau's openness value is slightly lower than Timor-Leste's 96.65 and similar to Iceland's 96.00. The significant decline in trade openness from 2014 to 2021 was likely influenced by the COVID-19 pandemic, which disrupted global trade. Despite this decline, Palau's openness has begun to recover in recent years, suggesting a possible upward trend in the coming years. However, any significant changes in global trade policies or economic conditions could alter this trajectory and impact Palau's trade openness in the future.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 94.53% | - | - |
| 2025* trend | 96.10% | - | - |
| 2025 | 96.10% | −10.60% | #80 |
| 2023 | 106.70% | +1.50% | #118 |
| 2022 | 105.20% | +24.05% | #118 |
| 2021 | 81.15% | −22.20% | #100 |
| 2020 | 103.35% | −12.11% | #140 |
| 2019 | 115.46% | −2.40% | #143 |
| 2018 | 117.87% | −3.88% | #143 |
| 2017 | 121.74% | +3.72% | #146 |
| 2016 | 118.02% | −8.48% | #145 |
| 2015 | 126.50% | −19.21% | #152 |
| 2014 | 145.70% | +3.51% | #158 |
| 2013 | 142.19% | −1.45% | #155 |
| 2012 | 143.64% | +8.04% | #152 |
| 2011 | 135.60% | +14.94% | #149 |
| 2010 | 120.66% | +8.92% | #150 |
Analysis
Palau's trade openness was 96.10% in 2025, a decline of −10.60% from 2024. Based on trends, estimated 96.10% by 2025.
Frequently Asked Questions
Palau's trade openness was 96.10% in 2025. Ranked 80th globally. This represents a 9.9% decrease from the previous year.
Palau's trade openness peaked at 145.70% in 2014.
The lowest trade openness in Palau was 81.15% in 2021.
Palau ranks 80th globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Palau's trade openness is projected to reach 96.10% by 2025 based on trend extrapolation.
The trade openness of Palau in 2025 was 96.10%. This ranks 80th in the world.
Cite this page
@misc{historysaid_palau_trade-openness,
title = {Palau Trade Openness},
url = {https://historysaid.com/palau/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}